Non-Profit to Support Uniformed Services Family Health Plan
- Brighton Marine awarded Uniformed Services Healthcare Contract by Department of Defense
- Contract period from Oct 1, 2024 to Sept 30, 2025 for $160,539,423
- Services include management of provider networks, medical management, enrollment, and customer service
Brighton Marine, Inc., a non-profit organization dedicated to healthcare and housing needs of service members, military retirees, and veterans, has been awarded a commercial contract by the Department of Defense (DoD) to provide comprehensive health care services through the Uniformed Services Family Health Plan. The contract will run from October 1, 2024 to September 30, 2025 with a fixed price of $160,539,423. Brighton Marine has been operating for over 40 years and currently supports more than 15,000 veterans, uniformed service members, and their families. The services provided will include management of provider networks, medical management, enrollment, and customer service across the Greater New England area.
Factuality Level: 9
Factuality Justification: The article provides accurate information about the contract awarded to Brighton Marine, Inc., their mission, and the services they will provide. It also includes a quote from the CEO of the company and relevant details about the timeframe and value of the contract.
Noise Level: 2
Noise Justification: The article provides relevant information about a non-profit organization receiving a contract from the Department of Defense to provide healthcare services for military service members and their families. It includes details on the scope of the contract and the organization’s background. The content is focused and informative without any unnecessary filler or misleading information.
Private Companies: Brighton Marine, Inc.
Key People: Rosye Cloud (CEO)
Financial Relevance: Yes
Financial Markets Impacted: No
Financial Rating Justification: The article discusses a commercial contract awarded to Brighton Marine, Inc., a non-profit organization that provides healthcare and housing services for military service members, retirees, and veterans. Although it mentions a fixed price for the contract, there is no direct impact on financial markets or specific companies.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the text.
Deal Size: The deal size is $160,539,423.
Move Size: No market move size mentioned.
Sector: Healthcare
Direction: Up
Magnitude: Small
Affected Instruments: Stocks
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