ATLANTA, September 23, 2021 (GLOBE NEWSWIRE) – DLH Holdings Corp. (NASDAQ: DLHC) (“DLH” or the “Company”), a leading provider of innovative healthcare research, services and solutions to federal agencies, today announced it has been awarded a contract to provide countermeasures medical and emergency medical services to hospitals, long-term care facilities and schools in Alaska as the state responds to an increase in COVID-19 cases.
As part of a Federal Emergency Management Agency (“FEMA”) contract to provide support to states seeking temporary hospital support during the COVID-19 pandemic, this contract awarded through for Alaska has a cap value of $ 87 million for the 90-day base period. It provides for three optional extensions of one month after the initial period of execution. As prime contractor, DLH will coordinate emergency medical logistics for the healthcare teams deployed by its subcontractor, who will provide a significant portion of the services.
“DLH is proud to strengthen its role in supporting the national response to the COVID-19 pandemic,” said Kevin Wilson, president of DLH’s health and logistics services business unit. “DLH will work quickly to provide support to Alaska’s world-class healthcare professionals with the responsibility, safety and efficiency that our customers and their patients have come to expect. “
As part of this contract, DLH will leverage its relationship with a nationally recognized temporary medical staffing company to place experienced medical support staff in communities statewide. These highly trained healthcare professionals will augment the existing healthcare workforce, supporting 24-hour coverage to counter the COVID-19 pandemic.
“Since the beginning of our nation’s battle against this pandemic, DLH has been at the forefront of the scientific, medical and operational response,” added Zach Parker, President and CEO of DLH. “We have implemented innovative approaches to reach patients in rural and remote areas, with the goal of ensuring that all Americans have access to the care they need. Now, as our fellow Americans face another wave of this disease, DLH will work with urgency and agility to provide high quality medical support. “
DLH provides enhanced health and preparedness solutions for federal programs through research, development and innovative care processes. The company’s experts in public health, performance assessment and healthcare operations solve complex problems facing civilian and military customers, leveraging digital transformation, artificial intelligence, advanced analytics, cloud-based applications, telehealth systems, etc. With more than 2,200 employees dedicated to the idea that “Your Mission is Our Passion”, DLH brings a unique combination of experience in the government sector, a proven methodology and an unwavering commitment to public health to improve the lives of millions of people. For more information, visit www.DLHcorp.com.
Safe Harbor Declaration under the Private Titles Litigation Reform Act 1995:
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events or the future financial performance of DLH. Any statement that refers to expectations, projections or other characterizations of future events or circumstances or that are not statements of historical fact (including, without limitation, statements that the Company or its management “believe”, “expects”, “anticipates”, “plans”, “intentions” and similar expressions) should be considered as forward-looking statements that involve risks and uncertainties that could cause actual events to occur. or DLH’s actual results differ materially from those indicated by forward-looking statements. Forward-looking statements contained in this press release include, among other things, statements regarding estimates of future revenues, operating profits, earnings and cash flows. These statements reflect our belief and assumptions about future events which may not prove to be correct. Our actual results may differ materially from these forward-looking statements made in this press release due to various factors, including: the outbreak of the novel coronavirus (“COVID-19”), including measures to reduce its spread and impact on the world. The economy and the demand for our services are uncertain, cannot be predicted and may precipitate or exacerbate other risks and uncertainties; the risk that we may not realize the expected benefits of our recent or future acquisition; the challenges of managing larger and more extensive operations resulting from our recent acquisition; awarding of contracts in connection with invitations to tender for ongoing business and / or competitions for new business; compliance with new banking financial clauses and other covenants; changes in client budget priorities; public procurement (such as tenders and awards, layoffs of small businesses, loss of work due to organizational conflicts of interest, etc.) and termination risks; the ability to successfully integrate the operations of our recent acquisition and any future acquisitions; and other risks described in our documents filed with the SEC. For a discussion of these risks and uncertainties that could cause actual results to differ from those contained in forward-looking statements, see “Risk Factors” in the Company’s periodic reports filed with the SEC, including our annual report. on Form 10-K for the fiscal year ended September 30, 2020, as well as subsequent reports filed thereafter. The forward-looking statements contained in this document are not historical facts, but rather are based on current expectations, estimates, assumptions and projections about our industry and our business. These forward-looking statements are made as of the date hereof and may become obsolete over time. The Company assumes no responsibility for updating forward-looking statements, except as required by law.