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Stock impact report

CGI selected by Centers for Medicare & Medicaid Services to improve Medicare access for more than 65 million beneficiaries nationwide

CGI Inc. (GIB) 
Last cgi inc. earnings: 4/29 06:30 am Check Earnings Report
US:NYSE Investor Relations: cgi.com/en/investors
Company Research Source: PR Newswire
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)www.cgi.com/newsroomNew modernization initiative will evolve the agency's Health Plan Management System FAIRFAX, Va., March 19, 2024 /PRNewswire/ - CGI Federal Inc. (CGI), a wholly-owned U.S. operating subsidiary of CGI Inc. (TSX: GIB.A) (NYSE: GIB), has been awarded a single award, firm-fixed price contract by the Centers for Medicare & Medicaid Services (CMS) to help improve access to Medicare for millions of beneficiaries by modernizing the agency's Health Plan Management System (HPMS). By evolving the HPMS through advanced technologies, CGI will help CMS optimize the plan enrollment and compliance processes for more than 800 private health and drug plans currently participating in the Medicare Advantage and Medicare Part D (MAPD) programs. The contract includes a 1-year base period, as well as four 1-year option periods, for a total contract value of US$72M.CGI will build upon the success of HPMS as a secure, reliable, and high-performing s Show less Read more
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