HMS Awarded Third Party Liability Services Contract by Minnesota
NEW YORK, Sept. 16 HMS today announced that it had been awarded a contract by the Minnesota Department of Human Services (DHS) to provide additional third-party liability services. With the addition of Minnesota, HMS now provides third party liability services to 39 state Medicaid agencies.
"Under this contract, HMS will supplement the state's third-party liability activities," said Billi Jo Zielinski, Assistant Commissioner of Health Care. "This will help ensure that the state remains the payor of last resort for healthcare services."
HMS will generate additional recoveries for the state by conducting data matches with insurance carriers and employers to identify other sources of healthcare coverage that have not been previously identified for enrollees of Minnesota Health Care Programs.
Minnesota Health Care Programs, which includes Medicaid, provide healthcare services to approximately 700,000 Minnesotans, with annual expenditures exceeding $5 billion. DHS's third-party liability program currently saves the state more than $130 million annually.
About HMS (NASDAQ:HMSY)
HMS is the leader in coordination of benefits and program integrity services for government healthcare programs. The company's clients include health and human services programs in more than 40 states, 100 Medicaid managed care plans, the Centers for Medicare and Medicaid Services (CMS), and Veterans Administration facilities. HMS helps ensure that healthcare claims are paid correctly and by the responsible party. As a result of the company's services, government healthcare programs recover over $1 billion annually, and avoid billions of dollars more in erroneous payments.
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