NCI will acquire CSC health care watchdog unit

NCI Inc. has signed a definitive agreement to purchase 100 percent of the stock of AdvanceMed Corp., one of the largest and most well-established health care integrity program contractors focused on the federal government market.

Additional financial and acquisition information will be disclosed upon closing, which is anticipated to occur on or about April 2, according to an NCI announcement released today.

The affiliate of Computer Sciences Corp. provides health care program integrity services focused on the detection and prevention of fraud, waste and abuse in health care programs, including investigative services to Centers for Medicare and Medicaid Services since 1999, NCI said.

Employing sophisticated information technology, data mining and data analytical tools, AdvanceMed offers a full range of investigative services that support the identification and recovery of inappropriate Medicare and Medicaid funds.

AdvanceMed supports health care programs in 38 states with a staff of more than 450 professionals, including information specialists, nurses, physicians, statisticians, investigators and other health care professionals.

“The Obama administration has emphasized reducing fraud, waste and abuse in federal entitlements," NCI Chairman and CEO Charles Narang said in the announcement. " AdvanceMed is ideally positioned to support the program integrity initiatives of CMS and other federal government agencies."

NCI Information Systems Inc., of Reston, Va., ranks No. 71 on Washington Technology’s 2010 Top 100 list of the largest federal government contractors. CSC, of Falls Church, Va., ranks No. 10.