Serco Awarded New $11.7 Million Contract to Support the Air Force Medical Operations Agency

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May 15, 2018

HERNDON, VIRGINIA - May 15, 2018

Serco Inc., a Herndon, VA-based provider of professional, technology, and management services, announced today that the Company has been awarded a new contract to deliver professional medical coding compliance services to support all Air Force Medical Service (AFMS) military treatment facilities. The four-and-a-half year contract is valued at $11.7 million.

Under the new contract, Serco provides medical coding audits that ensure systematic, unbiased, independent examination of medical documentation and validates that all codes entered into the Military Health System are in conformity with official coding policies, regulations, requirements, and standards. The integrity of the data provides value to the patient and supports the AFMS mission by playing an integral role in workload, reimbursement, provider currency, decision support, population health, and disability services.

"We believed that our acquisition and program management services were a good match for this program, and we are proud to have earned this new contract to support the Air Force Medical Service," said Dave Dacquino, Serco's Chairman and CEO. "We have assembled a strong team who is focused on supporting the needs of the end user."

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For further information, please contact:

Alan Hill, alan.hill@serco-na.com, 703-939-6500

About Serco Inc.

Serco Inc. is a leading provider of professional, technology, and management services. We advise, design, integrate, and deliver solutions that transform how clients achieve their missions. Our customer-first approach, robust portfolio of services, and global experience enable us to respond with solutions that achieve outcomes with value. Headquartered in Herndon, Virginia, Serco Inc. has approximately 8,000 employees and annual revenue of $1 billion. Serco Inc. is a wholly-owned subsidiary of Serco Group plc, a $4 billion international business that helps transform government and public services around the world. More information about Serco Inc. can be found at www.serco-na.com.

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