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CGI Group Inc. Message Board

  • long_short_guy long_short_guy Oct 10, 2013 1:10 PM Flag

    ? they did the Obamacare Website Contract?

    From CNN:
    The government has been assisted in building and maintaining primarily by contractor CGI-Federal. As of March, the contractor had collected nearly $90 million from the Centers for Medicare & Medicaid Services, according to a report issued in June by the Government Accountability Office.

    "We have a unique, cross-sector perspective on health IT that makes us well-suited to partner with CMS for success on one of the most visible efforts in CMS history," CGI Vice President Rich Martin said in a December 2011 statement announcing the contract, the original value of which was more than $55 million.

    As part of Obamacare implementation, CGI is also performing exchange work in California, Colorado, Hawaii, Illinois, Massachusetts, Kentucky, New Mexico and Vermont, according to the company's website.

    A Canadian company with a global presence, CGI presents itself as the world's fifth largest independent IT and business process services company. The company has experience in health care IT as a partner to some of the Canadian Ministries of Health and as a provider of secure electronic medical records in Europe.

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    • this should dive.

      Sentiment: Strong Sell

      • 1 Reply to johndaly123
      • Same thing here in French from Montreal....
        Les déboires du nouveau système d’assurance-santé du programme Obamacare, ont fait tomber le Groupe CGI de son piédestal boursier. CGI Federal est le principal concepteur de la plateforme derrière le site américain Les ratés techniques seraient attribuables aux exigences changeantes et tardives du ministère de la Santé et non au travail de CGI. L'enquête d’un comité du Congrès et la couverture médiatique pèsent sur la réputation de la société et incitent certains investisseurs à encaisser des gains après sa montée de 55% depuis le début de 2013. L’action a perdu 9,5% depuis son sommet annuel du 16 octobre.

        Sentiment: Strong Sell

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