DALLAS, Oct. 11 /PRNewswire-FirstCall/ -- Affiliated Computer Services, Inc., , a premier provider of business process and information technology outsourcing solutions, announced today that the Medicaid Management Information System (MMIS) ACS developed for the Department of Health, Medical Assistance Administration of the District of Columbia has received Federal Certification.
The Federal Government establishes the general guidelines for the Medicaid program for all states. Program requirements are established by each state and funded by both the federal government and the individual states. States must apply for and receive certification of their MMIS from the Center for Medicare Medicaid (CMS) by demonstrating that the system meets all requirements and performance standards before receiving full federal matching funds. In August of 2004, the District received notification of certification from CMS of the new MMIS retroactive to July 1, 2002.
In February 2001, ACS signed a 5-year fiscal agent services contract with the District of Columbia to implement an advanced MMIS. In July of 2002, after only 15 months of development ACS completed system implementation. The new system provides greater functionality and flexibility than the previous system the District had utilized for more than 20 years.
“ACS is extremely proud of its role in assisting the District to secure federal certification. It is quite an achievement to receive federal financial participation for operation of their MMIS 25 months after going live with a new system,” said Harvey V. Braswell, Group President of ACS State Healthcare Solutions. “We understand that states and municipalities are still facing budget shortfalls, so the federal dollars received by meeting all the criteria for certification are critical. ACS has once again demonstrated that we can design a system for our customers that meets all performance standards and has the flexibility to quickly adapt to changing program needs.”
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 18 million program recipients and processes over 450 million Medicaid healthcare claims annually, representing more than $42 billion in provider payments. As the nation’s largest government program pharmacy benefits administrator, ACS serves 20 programs in 17 states with drug expenditures totaling over $13 billion.
ACS, a Fortune 500 company with more than 43,000 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 Affiliated ComputerServices, Inc.
Web site: http://www.acs-inc.com/