The Maryland Board of Public Works approved a potential $297 million contract with Computer Sciences Corp. (NYSE: CSC) Wednesday to operate the state’s system of tracking Medicaid claims and patients.
The Baltimore Business Journal reports the contract has five base years worth $171 million and three two-year options worth nearly $125 million total.
The options are worth $44 million, $40.1 million and $41.1 million, respectively.
CSC was the only contractor to submit a final bid, according to the board’s Wednesday agenda.
The state’s Medicaid program currently covers nearly 900, 000 residents on a nearly $7 billion budget.
The state could add 200, 000 to 400, 000 more patients when changes under the federal health care reform law take effect, according to the Business Journal.
