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Record Date: November 21, 2024

CareSource Secures $50.6 Million Deal: TRICARE Managed Care Services in Atlanta

CareSource Military & Veterans Co., Dayton, Ohio, was awarded a predominately fixed-price, services contract (HT9402-25-C-0001) with a value of $50,619,069 for delivering TRICARE managed care support services in the Atlanta, Georgia, location. Fiscal 2025 funds are being obligated at the time of award. This action awards the requirement for the TRICARE Competitive Plans Demonstration project under which the contractor will offer the TRICARE Prime benefit to eligible beneficiaries in the Atlanta area, who will choose between receiving the benefit from CareSource or from the regional TRICARE managed care support contractor. Services provided include health care services, claims processing, and associated customer support. The contract was issued as a result of a competitive solicitation. The contract includes a one-year base period for transition-in and three, one-year option periods for health care delivery, a potential six-month extension of services, and a one-year period for transition out activities, for a potential total allowable period of performance of five years and six months. The Defense Health Agency, Managed Care Contracting Division, Aurora, Colorado, is the contracting activity. (Awarded Nov. 20, 2024)

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