BAE Systems wins $350 million in IT work Arlington-based BAE Systems Inc. won two five-year information technology task orders from the Defense Intelligence Agency worth $350 million.
BAE Systems will team with a number of partners and suppliers in the effort: Accenture, L-3 Stratis, SAIC, HP, QinetiQ, Serco, Harris, Vykin, Cyberspace Solutions, Six3 Systems, DSA, ISYS Technologies, Mainstreet Technologies, NES, Nova Datacom and Primescape.
Cignet fined $4m for HIPAA violation
Cignet Health of Prince George’s County has been fined $4.3 million for alleged violations of the Health Insurance Portability and Accountability Act of 1996.
The Department of Health and Human Services Office of Civil Rights accused Cignet of violating 41 patients’ rights in 2008 and 2009 by not providing them access to their medical records in a reasonable amount of time.
HIPAA privacy rules require health insurers to make medical records available to patients who request them within 60 days.
HHS said Cignet also failed to cooperate with its investigations.
The Cignet case marked the first civil money penalty by HHS for HIPAA privacy rule violations, the agency said.
Pebblebrook Hotel Trust sees strong 2011
Bethesda-based Pebblebrook Hotel Trust, which this week closed on its ninth hotel acquisition since going public in December 2009, reported strong growth in funds from operations and forecast continued improvement in the lodging industry this year.
The real estate investment trust had a fourth-quarter net loss of $1.9 million, or 5 cents per share, compared with a net loss of $147,000, or 4 cents per share, in the final quarter of 2009, when it was just gearing up for acquisitions. Funds from operations totaled $1.6 million compared to FFO losses of $147,000 a year ago.
Revenue totaled $33.9 million. Pebblebrook had no revenue in the year-earlier quarter.
