Accenture Wins VA Health Record Modernization Contract
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 05 2026
0mins
Should l Buy ACN?
Source: Businesswire
Accenture's stock fell by 3.67% and hit a 20-day low amid a slight decline in the Nasdaq-100 and S&P 500 indices.
The company secured a 4.5-year contract with the U.S. Department of Veterans Affairs to support the Electronic Health Record Modernization program, which aims to enhance healthcare delivery for over 9 million veterans. This initiative will replace outdated systems with the modern Oracle Health Electronic Health Record system, ensuring high-quality care for veterans transitioning from active duty. Accenture's extensive experience in EHR modernization and its collaboration with leading technology providers will strengthen its technical and clinical expertise in this significant project.
This contract represents a pivotal milestone for Accenture, as it underscores the company's commitment to leveraging its technical capabilities to improve healthcare for veterans. Despite the stock's decline, the contract could lead to long-term growth opportunities as the company continues to expand its influence in the healthcare sector.
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Analyst Views on ACN
Wall Street analysts forecast ACN stock price to rise
16 Analyst Rating
11 Buy
5 Hold
0 Sell
Moderate Buy
Current: 224.230
Low
265.00
Averages
299.21
High
330.00
Current: 224.230
Low
265.00
Averages
299.21
High
330.00
About ACN
Accenture plc is a global professional services company. It is engaged in providing a range of services and solutions across strategy and consulting, technology, operations, Industry X and Song. Its services include application services, artificial intelligence, automation, business process outsourcing, business strategy, change management, cloud, customer experience, data and analytics, ecosystem partners, finance consulting, Industry X, infrastructure, marketing, mergers and acquisitions, operating models, security, supply chain management, sustainability, technology consulting, technology innovation, and zero-based budgeting (ZBB). It specializes in the SAP business technology platform that designs digital products and experiences for enterprise customers, including custom portals and Web solutions and mobile applications. It provides clients with quantitative and qualitative risk management and compliance services. It specializes in advisory, management services and cybersecurity.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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- Client Success Stories: The U.S. Navy's deployment of Palantir's ShipOS has reduced submarine scheduling from nearly a week to just 10 minutes, significantly improving efficiency and showcasing Palantir's strong impact in the defense sector.
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See More
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- Overblown AI Fears: Analysts believe that recent fears surrounding artificial intelligence are exaggerated; despite facing AI-related risks, Accenture's strong relationships with C-level clients and its ability to navigate technological shifts position it favorably in the industry.
- Growth Confidence: Analysts highlighted that Accenture's AI-related revenues and bookings grew by 120% and 83% respectively in the first fiscal quarter, indicating the company's potential for revenue growth acceleration, even though such disclosures will cease in the future.
See More
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- Extensive Industry Experience: Frey brings over 20 years of communications experience, having served as Accenture's global head of Corporate Communications, where she successfully enhanced the company's relationships with external audiences and drove AI reinvention across major sectors.
- Strategic Communication Enhancement: Under her leadership, Accenture implemented an enhanced communications strategy leveraging data and AI to elevate the function's performance, ensuring the company's leadership position globally.
- Comprehensive Communication Management: Frey will oversee internal communications, global media relations, financial communications, and crisis management, utilizing multiple channels to reinforce Accenture's value proposition and help achieve strategic objectives.
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- Technical Analysis Tool: Comparing the current share price to the 200-day moving average provides valuable insights for investors, aiding in market trend assessment and potential buying opportunities.
- ETF Trading Mechanism: ETFs trade like stocks, where investors buy and sell 'units' that can be created or destroyed based on demand, impacting liquidity and market performance.
- Inflows and Outflows Monitoring: Weekly monitoring of changes in shares outstanding highlights notable inflows (new units created) or outflows (old units destroyed), which can significantly affect the performance of individual stocks within the ETF and overall market dynamics.
See More
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- Contract Scope and Duration: Accenture Federal Services has secured a 4.5-year contract to support the U.S. Department of Veterans Affairs' Electronic Health Record Modernization program, which is expected to enhance healthcare delivery for over 9 million veterans.
- Strategic Technology Transformation: The initiative aims to replace outdated systems with the modern Oracle Health Electronic Health Record system, designed to create a seamless and secure lifetime health record that ensures service members receive high-quality care as they transition to veteran status.
- Industry Experience and Collaboration: Accenture brings extensive experience in EHR modernization across both commercial and public sectors, having advanced complex transformations for major health systems through partnerships with leading technology providers, thereby strengthening its technical and clinical expertise.
- Commitment and Vision: Accenture Federal Services emphasizes its dedication to leveraging deep technical expertise and a long-standing relationship with Oracle to help the VA achieve its ambitious goals, ensuring that every veteran receives a modern and effective healthcare experience.
See More
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- Contract Scale and Impact: Accenture Federal Services has secured a 4.5-year contract to support the U.S. Department of Veterans Affairs (VA) Electronic Health Record Modernization (EHRM) program, aimed at enhancing healthcare delivery for over 9 million veterans, marking a pivotal milestone in VA's healthcare transformation.
- System Integration and Transformation: The initiative will replace legacy systems with the modern Oracle Health Electronic Health Record system, creating a seamless and secure lifetime health record that ensures service members receive high-quality care as they transition from active duty to veteran status, thereby improving nationwide healthcare efficiency.
- Technological and Partnership Advantages: Accenture will leverage its proven experience in modernizing EHRs across both commercial and public sectors, collaborating with leading technology partners to advance this complex transformation, thereby enhancing its technical, clinical, and operational expertise to improve the care experience for veterans.
- Strategic Commitment and Vision: The CEO of Accenture Federal Services emphasized that this partnership represents a significant commitment from the company's global and federal leadership to accelerate VA's operational and clinical transformation through advanced technology upgrades, ensuring that every veteran receives the modern healthcare experience they deserve.
See More
