IT services major Infosys said its subsidiary has been awarded a one-year contract valued at $49.5 million (about Rs 285 crore) the US District of Columbia to develop its health benefit exchange.
The contract has been awarded to Infosys Public Services, a US-based subsidiary of Infosys. The Exchange, District of Columbia Access System (DCAS), is a health and human services solution that will provide seamless healthcare coverage while minimising risks, the company said.
"The US District of Columbia awarded Infosys Public Services a one-year contract valued at $49.5 million to develop its new health benefit exchange, a crucial component of the Affordable Care Act," Bangalore-headquartered Infosys said a BSE filing.
Infosys Public Services is the prime systems integrator of this healthcare system transformation that will bring critically important benefits to nearly one quarter million District residents, it added.
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