RESTON,
Va., May 31, 2022 /PRNewswire/ -- QTC Medical
Services, Inc. (QTC), a Leidos (NYSE: LDOS) company, was recently
awarded two prime contracts to provide medical disability
examination services to both veterans and separating or retiring
service members. The indefinite delivery/indefinite quantity,
firm-fixed-price contracts were awarded by the Veterans Benefits
Administration, Medical Disability Examination Office. The
contracts each have six-month base periods of performance with six
one-year options and a combined estimated value of $1.7 billion, if all options are exercised.
"We are pleased to continue our work with Veterans Benefits
Administration to support service members as they transition to
civilian life and veteran status," said Liz
Porter, Leidos Health Group President. "Our innovative
delivery models enable us to better serve veterans and service
members. Using our capabilities in telehealth, our mobile medical
units and our nationwide provider network, we're bringing our
services closer to veterans and service members, especially in
rural areas."
"For over 20 years, we have provided mission-oriented support
for Department of Veterans Affairs and Department of Defense
pre-discharge programs," said Larry
Schaefer, QTC chief executive officer. "Pre-discharge
programs are important for assessing readiness and force strength,
expediting receipt of disability benefits. Last year, QTC completed
over 1.1 million appointments for 446,000 examinees. This expanded
exam capacity supports timely adjudication of claims for veterans
and military service members."
Through these contracts, QTC will provide medical disability
examination services to meet Department of Veterans Affairs (VA)
and Department of Defense (DOD) requirements for separating and
retiring service members. These services will support 124 military
installations participating in the Benefits Delivery at Discharge
(BDD) and Integrated Disability Evaluation System (IDES)
pre-discharge programs. QTC will also provide medical disability
examination services to support claimants living in locations
outside the continental Unites States. This international component
includes both compensation and pension exams as well as joint VA
and DOD pre-discharge programs.
These contracts extend QTC's decades of experience supporting
the joint VA and DOD pre-discharge programs. QTC's innovative
delivery models include telehealth, mobile medical units, clinics
on or near military installations and a nationwide provider
network.
About QTC Management
QTC Management, Inc. (QTC), acquired by Leidos in 2016, partners
with each customer to identify existing and forecasted program
needs and delivers a full complement of disability-focused medical
examination and diagnostic testing services. Since 2000, QTC has
provided more than 9 million physical examinations and diagnostic
tests. For more information, visit www.qtcm.com.
About Leidos
Leidos is a Fortune 500® technology, engineering, and science
solutions and services leader working to solve the world's toughest
challenges in the defense, intelligence, civil, and health markets.
The company's 43,000 employees support vital missions for
government and commercial customers. Headquartered in Reston, Virginia, Leidos reported annual
revenues of approximately $13.7
billion for the fiscal year ended December 31, 2021. For more information, visit
www.Leidos.com.
Certain statements in this announcement constitute
"forward-looking statements" within the meaning of the rules and
regulations of the U.S. Securities and Exchange Commission (SEC).
These statements are based on management's current beliefs and
expectations and are subject to significant risks and
uncertainties. These statements are not guarantees of future
results or occurrences. A number of factors could cause our actual
results, performance, achievements, or industry results to be
different from the results, performance, or achievements expressed
or implied by such forward-looking statements. These factors
include, but are not limited to, the "Risk Factors" set forth in
Leidos' Annual Report on Form 10-K for the fiscal year ended
December 31, 2021, and other such
filings that Leidos makes with the SEC from time to time.
Readers are cautioned not to place undue reliance on such
forward-looking statements, which speak only as of the date hereof.
Leidos does not undertake to update forward-looking statements to
reflect the impact of circumstances or events that arise after the
date the forward-looking statements were made.
Contact:
Melissa Dueñas
(571) 526-6850
Duenasml@leidos.com
Thomas Doheny
(571) 474-4735
Dohenyt@leidos.com
Brandon VerVelde
(571) 526-6257
Brandon.p.vervelde@leidos.com
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SOURCE Leidos