ACS Signs Contract Extension With Magellan Health Services

DALLAS, Dec. 22 /PRNewswire-FirstCall/ -- Affiliated Computer Services, Inc. , a premier provider of business process outsourcing and information technology solutions, announced today that it has signed a 2-year contract extension with Magellan Health Services, Inc., to continue administrative claims processing and related functions for certain of its customers.

ACS first entered into an agreement with Magellan in early 2001 to develop and operate a comprehensive managed care information system (MCIS). Additionally, ACS has established an administrative claims-processing organization to support Magellan and operate the MCIS and implemented a multi-payor system that supports over 35,000 benefit plans for commercial and Medicaid accounts.

ACS provides operational support for certain Magellan clients for claims processing, including front-end receipt/processing of paper claims, data entry/OCR and resolutions. ACS also provides banking and printing functions for Magellan, which includes printing paper checks, provider remittance vouchers, member explanation of benefits forms and other provider correspondence.

“We’re delighted to continue our relationship with Magellan, a widely recognized and respected managed care organization,” said John Crysler, Managing Director of ACS Government Healthcare Solutions. “Working together, we’ve been able to develop solutions to assist Magellan in delivering specialized claims services to some of its government and commercial clients.”

Headquartered in Avon, Connecticut, Magellan Health Services, Inc. , is the country’s leading specialty managed care organization. Its customers include health plans, government agencies, and corporations.

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 has a proven track record and extensive program management expertise. ACS is also a pioneer in fraud and abuse protection and other cost containment methodologies, and is known for its collaborative approach to client relationships that produce results over the long-term. ACS supports approximately 20 million program recipients and processes nearly 475 million Medicaid healthcare claims annually, representing more than $47 billion in provider payments. As the nation’s largest government program pharmacy benefits administrator, ACS serves 32 programs in 26 states and the District of Columbia with drug expenditures totaling over $14 billion.

ACS, a Fortune 500 company with more than 55,000 people supporting client operations in nearly 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”. ACS makes technology work. Visit ACS on the Internet at 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.

ACS, Inc.

CONTACT: investor relations, Warren Edwards, Executive Vice President-Chief Financial Officer, +1-214-841-8082, or warren.edwards@acs-inc.com ,or media, Lesley Pool, Senior Vice President-Chief Marketing Officer,+1-214-841-8028, or lesley.pool@acs-inc.com , both of Affiliated ComputerServices, Inc.

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