DRC gets $19M to advance brain injury treatment

Posted: Published on December 4th, 2012

This post was added by Dr Simmons

Jim Regan, CEO of Dynamics Research Corp., which got $19 million in two contracts from Tricares Evaluation, Analysis, Management and Support program.

Dynamics Research Corp. (Nasdaq:DRCO) in Andover has been tasked with developing best practices for traumatic brain injury treatment and psychological orders. The Andover-based company was awarded two contracts worth $19.3 million.

The task orders are for DRC to come up with best practices and provide technical assistance in traumatic brain and psychological treatment for the Defense Centers of Excellence for Psychological Health and Traumatic Brain Injury, which include the Defense and Veterans Brain Injury Center, Deployment Health Clinical Center and National Center for Telehealth and Technology. On average, approximately 1.7 million people sustain a traumatic brain injury annually, according to 2010 Center for Disease Control and Prevention data.

The contracts were awarded under Tricares Evaluation, Analysis, Management and Support program, or TEAMS, contract, the company said Monday.

Under the first, two-year, $4.4 million contract, DRC will provide best practices. Under the one-year, $14.9 million contract, which includes a four-year option, DRC will document the results of the clinical and non-clinical programs, support conferences and provide technical assistance.

DRC is leading the charge in the development of innovative approaches to delivering safe, effective, and value-driven care for government health organizations, DRC CEO Jim Regan said in release. It is not the first time DRC has been tapped to provide management in the area of psychological health an traumatic brain injury. In 2010, DRC landed $13.6 million to provide clinical and management analysis to help conduct psychological health and traumatic brain injury program evaluations and site visits. And in 2009, DRC received a $3.9 million contract from the Intrepid Fallen Heroes Fund, an organization which serves U.S. military personnel wounded in service, to help construct the National Intrepid Center for Excellence, a 72,000-square-foot facility located in Bethesda, Md. near the Walter Reed National Military Medical Center.

According to DRC, 18 percent of the companys business in 2012 was in health.

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DRC gets $19M to advance brain injury treatment

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