Tag Archives: Obamacare

December 31 & 2016 Market Close: GovCon Index Lower, Ends at 16% YTD Gain

Executive Mosaic’s GovCon Index retreated Friday in the final trading session of 2016 to close a negative December but but a positive year on a boost to defense stocks in the post-election rally that has swept through U.S. markets. The GovCon Index closes 2016 with a year-to-date gain of 16.73 percent as the U.S. stock …

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CMS Renews Serco Inc.’s Obamacare Application Processing Contract

Serco Inc. will continue processing Obamacare applications for an additional year under an estimated $98 million contract renewals awarded by the Centers for Medicare and Medicaid Services, the St. Louis Post – Dispatch reported Thursday. Chuck Raasch writes Serco began work on the new contract on July 1 at its Wentzville, Missouri-based application …

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OMB Director Sylvia Burwell Nominated to Lead HHS, Oversee Obamacare Implementation as Kathleen Sebelius Ends Term

President Barack Obama has selected Sylvia Burwell, current director of the Office of Management and Budget, as his choice to be the next secretary of the Department of Health and Human Services, after the White House announced Kathleen Sebelius would be leaving that post. Burwell, a veteran of the Bill …

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Richard Montoni: Maximus Targets $200M in Annual Revenue From Affordable Care Act Work

Maximus Inc. (NYSE: MMS) booked $1.3 billion in revenue in fiscal year 2013 as the company worked to help individuals apply for health plan through the federal government’s ObamaCare program, Investor’s Business Daily reported Thursday. Marie Beerens writes 65 percent of that revenue came from the health services business and …

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HP Enterprise Services to Take Over As HealthCare.gov Web Host

Hewlett-Packard (NYSE: HPQ) has won a contract to take over as web hosting provider for HealthCare.gov in a move that will transition the federal health insurance marketplace to a new data center, The Wall Street Journal reported Wednesday. Spencer E. Ante writes that HP Enterprise Services will take in $38 million …

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