Horace Blackman, Lockheed Martin's vice president of health and life sciences, attributes new business growth opportunities to the federal health information technology market, The Washington Post reported Saturday.
Jay Hancock writes Lockheed Martin's business with the Department of Health and Human Services has more than doubled to $300 million annually since 2006.
“The biggest opportunities I would point to are efforts associated with the Affordable Care Act,” Blackman told the Post.
The company is also pursuing a contract with the Pentagon for an $11 billion program to modernize military computer medical records, according to the report.
The Post reports HHS’ procurement continues to rise as the agency invests in medical records software, insurance websites, claims processing, data analysis and consumer education.
“We have 200 epidemiologists. We have clinical statisticians. We have physicians. We have nurses,“ Amy Caro, head of the health division at Northrop Grumman, also told the Post.
Northrop Grumman currently handles the National Institutes of Health‘s data sharing effort, Hancock reports.