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Verizon Communications Inc. Message Board

  • rkmtt rkmtt Dec 13, 2013 4:40 PM Flag

    another boo boo

    Xerox isn't the only IT solution provider for Healthcare, Hewlett-Packard (HPQ) is also cashing in on healthcare act by advising hospitals, doctors, patients, and government agencies on implementing the law. Last month the U.S. government appointed HP as the provider of data services for the Obamacare website, which was previously allotted to Verizon Communications (VZ). This is because Verizon's data hub center crashed several times over the past months as the insurance enrollment program launched. However, government officials said the contract with HP was signed in July this year and has nothing to do with data service failure. The data center hub is an integral part of the government site as it facilitates the exchange of information between government, state run exchanges, federal agencies, and insurers. In 2011, HHS gave a $55.4 million contract to Verizon, but later gave a $38 million contract to HP.

    Sentiment: Sell

48.20-0.94(-1.91%)Oct 21 4:03 PMEDT