DALLAS, March 7 /PRNewswire-FirstCall/ -- Affiliated Computer Services,
Inc. (NYSE: ACS) today announced a contract renewal with the Missouri (MO)
HealthNet Division to provide electronic health records and pharmacy
benefits management solutions. The contract has a length of up to 10 years
and a total value of $57 million if all option years are exercised.
Under this contract, ACS will provide the state with several components
of ACS' electronic health records (EHR) solution, including SmartPA(SM) for
conducting automated prior authorizations and Prospective Drug Utilization
Review. Since 2002, SmartPA has helped contribute more than $85 million in
program savings annually in Missouri.
ACS has also provided MO HealthNet with Retrospective Drug Utilization
review and academic detailing programs that have enabled the state to save
more than $10 million. In 2002, ACS introduced the Get Well program, a
disease management program, which helped the state save more than $7
million.
"We have worked closely with the State of Missouri to help them achieve
their vision of providing MO HealthNet participants with the best care
possible through innovative clinical and technology solutions," said
Christopher T. Deelsnyder, ACS senior vice president and managing director,
Government Healthcare Solutions. "ACS is noted for listening to our
customers, learning about their business requirements, and implementing
solutions for participants, providers, and taxpayers in each of the states
we serve."
This contract renewal was reflected in the second quarter fiscal year
2008 results and extends a relationship that began in 2001.
ACS will also deploy EHR web tools -- DirectInform(SM), CyberAccess(SM)
and DirectCarePro(SM) -- that enable patients, physicians, and pharmacists
to access information that will help MO HealthNet Division improve health
outcomes, facilitate coordination of care between providers, reduce
dangerous drug interactions, minimize duplicate therapies, and reduce
unnecessary costs. ACS will also provide Retrospective Drug Utilization
Review and federal reporting services using CyberFormance(SM), a fourth
component of ACS' EHR suite of web tools.
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 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.
For more information about ACS' EHR solutions and ACS' experience in
Missouri, please visit http://www.acs-inc.com/informedhealth.
ACS, a global FORTUNE 500 company with 62,000 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.
SOURCE Affiliated Computer Services, Inc.
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Related links:
http://www.acs-inc.com
CONTACT:
Investor Relations, Jon Puckett, Vice
President, Investor Relations, +1-214-841-8281,
jon.puckett@acs-inc.com, or Media, Andy Wilson, Director,
Corporate Communications, +1-214-841-8004,
andy.wilson@acs-inc.com, both of Affiliated Computer Services,
Inc.
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