Harris Corp. Awarded $5.3 Million Contract to Integrate New Medical Coding Standards for U.S. Department of Veterans Affairs
October 27 2011 - 8:00AM
Business Wire
The U.S. Department of Veterans Affairs (VA) has awarded Harris
Corporation (NYSE:HRS), an international communications and
information technology company, a $5.3 million contract to provide
remediation to the VA’s Health Administration Center (HAC) Cache
System to address new medical coding standards. This is a two-year
contract with three optional tasks.
International Statistical Classification of Diseases and Related
Health Problems (ICD) Codes are used to classify diseases and other
medical problems under a single standard and promote international
comparability with treatment and billing. As part of the Health
Insurance Portability and Accountability Act (HIPAA) 5010
transition, the U.S. Department of Health and Human Services (HHS)
has mandated that all covered healthcare entities be ICD-10
compliant by Oct. 1, 2013.
With the VA’s large patient population, implementation of ICD-10
coding standards will allow the HAC to produce more accurate
records as well as conduct more detailed population assessments and
studies. Additionally, the ICD-10 migration will improve the HAC’s
payment systems for veterans and their family members with more
accurate billing information. The Harris team, along with
subcontractors 7 Delta Inc. and Vangent Inc., will complete all
phases of the ICD-10 integration and software development life
cycle.
“The ICD-10 transition will enable the HAC to improve the
accuracy and efficiency of claims processing for veterans and their
family members,” said Jim Traficant, president, Harris Healthcare.
“By migrating to ICD-10, the Health Administration Center continues
to lead the healthcare industry in adopting the latest standards to
better serve our veterans.”
A nationally recognized leader in federal healthcare IT
integration, Harris also offers commercial providers a full range
of interoperability solutions, including IT infrastructure and
management, clinical workflow and analytics, health information
exchange, and imaging. Harris solutions improve healthcare quality,
safety, efficiency, cost and outcomes by ensuring that the right
information travels, with security and privacy, to the right
person, at the right time, on the right device, at the point of
care.
About Harris Corporation
Harris is an international communications and information
technology company serving government and commercial markets in
more than 150 countries. Headquartered in Melbourne, Florida, the
company has approximately $6 billion of annual revenue and more
than 16,000 employees — including nearly 7,000 engineers and
scientists. Harris is dedicated to developing best-in-class assured
communications® products, systems, and services. Additional
information about Harris Corporation is available at
www.harris.com.
Forward-Looking Statements
This press release contains forward-looking statements that
reflect management's current expectations, assumptions and
estimates of future performance and economic conditions. Such
statements are made in reliance upon the safe harbor provisions of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. The company cautions investors
that any forward-looking statements are subject to risks and
uncertainties that may cause actual results and future trends to
differ materially from those matters expressed in or implied by
such forward-looking statements. Statements about the expected
value of the program to Harris are forward-looking and involve
risks and uncertainties. Harris disclaims any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events, or
otherwise.
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