Science & Technology
Science and Technology
Science and Technology
Tue, February 3, 2009 ACS Extends Partnership with Hawaii to Support Medicaid Program
DALLAS--([ BUSINESS WIRE ])--[ Affiliated Computer Services, Inc. ] (NYSE: ACS) today announced a $21 million, 18-month contract renewal with the Hawaii Department of Human Services to provide fiscal agent services, as well as services related to processing pharmacy and non-pharmacy claims for Hawaii Medical Assistance Programs.
As part of the contract, ACS will deploy its [ electronic health record ] tool (DirectAccessEHR) to aid Hawaiian health care providers and payers improve the delivery of quality healthcare, increase efficiency, and support safety.
"This renewal extends ACS' longstanding relationship with the State of Hawaii, and demonstrates how prior experience and the ability to introduce innovative services can deliver tremendous benefits for the citizens of Hawaii," said Christopher T. Deelsnyder, senior vice president and managing director for ACS' [ Government Healthcare Solutions ].
ACS has provided fiscal agent services for the state's Medicaid program since 2002, and delivered pharmacy services since 2001. This recent contract is the result of a re-bid for Hawaii's Medicaid Management Information System (MMIS) and Pharmacy Benefit Management (PBM) and for the first time, consolidates the two programs into a single contract. Additionally, the contract includes two, one-year options.
The deployment of ACS' electronic health record product was funded in part by the State of Hawaii's transformation grant from the Centers for Medicare and Medicaid Services (CMS).
As part of the new contract, ACS will continue to provide Fiscal Agent Operations services for medical claims processing for the Hawaii Medicaid Fee-For-Service population. These services include claims processing,Prior Authorization processing, call center, mailroom, provider education, EDI support, banking operations and Third Party recovery efforts. The MMIS is operated remotely by the State of Arizona, and therefore, systems support is not provided on-site by ACS.
Additionally, ACS will continue to provide full PBM services including claims processing, system maintenance and modification, drug rebate, clinical consultation and call center operations.
About ACS
ACS is a national leader in state healthcare program administration, offering a full spectrum of systems and complementary services through an integrated solution, from care management solutions and child health programs to pharmacy benefits management and traditional Medicaid fiscal agent services. ACS supports more than 23 million program recipients and processes nearly 550 million Medicaid healthcare claims annually, representing close to $50 billion in provider payments. As the nation's largest government program pharmacy benefits administrator, ACS serves 28 states, the District of Columbia, and the Department of Labor with drug expenditures totaling more than $13 billion.
ACS, a global FORTUNE 500 company with approximately 70,000 people supporting client operations reaching more than 100 countries, provides business process outsourcing and information technology solutions to world-class commercial and government clients. The company's Class A common stock trades on the New York Stock Exchange under the symbol "ACS." Learn more about ACS at [ http://www.acs-inc.com ].
The statements in this news release that do not directly relate to historical facts constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous risks and uncertainties, many of which are outside the Company's control. As such, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statements. Factors could cause actual results to differ materially from such forward-looking statements. For a description of these factors, see the Company's prior filings with the Securities and Exchange Commission, including our most recent filing. ACS disclaims any intention or obligation to revise any forward-looking statements, whether as a result of new information, future event, or otherwise.
