ACS Signs $48 Million Medicaid Contract Renewal with State of Wyoming
DALLAS, Nov. 18 /PRNewswire-FirstCall/ -- Affiliated Computer Services,
Inc. (NYSE: ACS) today announced it has signed a five-year, $48 million
contract renewal with the Wyoming Department of Health to provide fiscal agent
services for the state's Medicaid and Dental program.
This contract, which continues fiscal agent services for the operation of
Wyoming's Medicaid Management Information System (MMIS) through June 2013,
further extends ACS' 15-year relationship with the state and is the third
consecutive award for ACS in Wyoming.
"ACS has proven to be very competent and professional in assisting the
state with providing a user-friendly, data-driven and cost-effective Medicaid
program," said Teri Green, State Medicaid Agent for Wyoming. "We are pleased
to be able to continue this relationship to promote an efficient process for
the State, and simplicity for our providers."
As part of the new contract, ACS will add a call center to address
provider questions from the dental community as well as work with the Dental
program on client outreach initiatives.
"This long-term relationship with Wyoming demonstrates the state's
confidence in ACS' ability to bring innovation and industry best practices to
their Medicaid program," said Christopher Deelsnyder, senior vice president
and managing director, ACS Government Healthcare Solutions. "For 15 years, we
have successfully delivered customer-focused healthcare solutions to the
entire Wyoming Medicaid community, and we look forward to continuing to do so
in the future."
In addition to regular fiscal agent operations, ACS also administers
Provider Relations, Medical Policy, all Third-Party Liability functions,
Medicare buy-in, and estate recovery, as well as a transportation call center
that processes funds for administrative and emergency travel services for
Medicaid clients.
Joe Doherty, executive vice president and group president of ACS'
Government Solutions Group said, "This agreement adds to the innovation that
ACS provides to the State of Wyoming. We're also a key partner with the
Department of Family Services on the Integrated Resource Information System
(IRIS) project, designed to improve the state's eligibility system and the
lives of those who rely on it each day. ACS is honored to work with the state
on such important initiatives."
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 63,000 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.