DALLAS, July 7 /PRNewswire-FirstCall/ -- ACS , a premier provider of business process and information technology outsourcing solutions, announced today that it has signed a contract with the Florida Agency for Health Care Administration (AHCA) to continue providing health information analysis and fraud and abuse detection solutions to support the Florida Medicaid program. The three-year contract is valued at $10.3 million.
ACS has provided the State of Florida with health information analysis solutions since 1999, when awarded a contract to design, develop, and operate an enterprise Decision Support System (DSS) and to implement a fraud and abuse detection system. In 2003, Florida sought competitive bids for decision support services and re-awarded the contract to ACS.
The DSS implemented and managed by ACS provides the State with the ability to access and manipulate information rapidly and flexibly to facilitate program planning, policy development, and program assessment. After several months of comprehensive training and focused user support, State users currently perform the majority of data requests in a fraction of the time, allowing users more time to analyze the data in terms of policy. This analysis provides Florida policy makers the information they need to develop up-to-date policy recommendations in a timely and accurate manner.
Under the new contract, ACS will continue to manage daily operations of the DSS and provide user support and training for State users both on- and off-site. Additionally, ACS analysts will work directly with AHCA senior management on assessments of program status, policy analysis, monitoring budget trends, and measuring program performance.
“We are excited that the State has decided to tap into our expertise in health information analysis,” said Harvey V. Braswell, Group President of ACS State Healthcare Solutions. “We offer states a fully integrated system supported by extensive analysis capabilities to improve healthcare program administration for Medicaid programs.”
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 29 states with government healthcare services programs, including processing 400 million Medicaid claims annually totaling more than $50 billion in payments. As the nation’s largest government program pharmacy benefits administrator, ACS serves 21 programs in 18 states with drug expenditures totaling over $13 billion.
ACS, a Fortune 500 company with more than 40,000 people supporting client operations in nearly 100 countries, provides business process and information technology outsourcing 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 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 the most recent Form 10-K. 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 , ormedia, Lesley Pool, Senior Vice President-Chief Marketing Officer,+1-214-841-8028, or lesley.pool@acs-inc.com , both of ACS, Inc.
Web site: http://www.acs-inc.com/
