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Serco gets $900m extension to U.S. healthcare vetting contract

Staff Writer |
Outsourcing firm Serco said it got an extension to its U.S. contract to process healthcare elgibility applications worth up to $900m.

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The contract has a one-year base period and four one-year option periods, Serco said.

Serco has been providing the Center for Medicare & Medicaid Services with processing support since July 2013.

The current five-year contract ends on 30 June 2018 and revenue for the last 12 months has been approximately $210m, the company said.

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