ATLANTA, April 29 /PRNewswire-FirstCall/ -- EDS, the recognized leader in providing health care support to state governments, has been awarded a seven-year, $391 million contract by the state of Georgia to design, develop and implement a new-generation Medicaid Management Information System (MMIS). The new system will provide fiscal agent and enrollment broker services and establish electronic health records (EHRs) for Medicaid recipients. The contract was awarded in the first quarter of 2008.
The EDS Georgia interChange system will provide the platform to support delivery of fiscal agent services to Georgia's 45,000 Medicaid providers, who annually care for more than 1.2 million beneficiaries. Georgia operates the nation's eighth-largest Medicaid program in the nation.
The contract returns EDS to Georgia as the state's fiscal agent after a five-year hiatus and brings to 22 the number of states for which EDS serves as fiscal agent or principal IT provider. EDS previously served as the state's fiscal agent from 1986-2003.
EDS will implement its federally certified interChange Medicaid system, which has served as an industry model and is in operation or being implemented in more than a dozen states.
In addition to providing claims processing for health care providers and enabling EHRs for Medicaid recipients, the Web-based system will provide Georgia with greater flexibility. It also will provide the state with data analysis about health care trends and outcomes of Georgia's Medicaid population to assess needs and impacts of current programs. Additionally, the system will help the state identify potential fraud and abuse.
EDS will also provide Medicaid eligibility verification services under a separate contract awarded last year.
"Georgia sought an innovative yet proven solution that would improve service to its many health care providers and program beneficiaries," said Sean Kenny, EDS Global Healthcare Industry vice president. "The EDS Georgia interChange system will enable the state to analyze volumes of medical data to identify health trends across the state and make more effective policy decisions to improve the health outcomes for its Medicaid members."
"We are elated to return to Georgia as the state's Medicaid partner and build on the momentum of our interChange solution," said Barbara Anderson, vice president of EDS State Healthcare. "We look forward to helping Georgia with flexible, cutting-edge Medicaid management technologies that will grow with the state's needs and help implement the state's Medicaid vision."
EDS touches more than 200 million patient lives annually, processing about 1 billion Medicaid claims a year, far more than any other company. As the country's largest processor of health care claims, EDS is uniquely suited to help organizations take advantage of the latest technology advances to address the critical goals of lowering costs, improving care and increasing efficiency. With 7,000 professionals dedicated to serving the health care sector, EDS provides a comprehensive range of end-to-end services such as Medicaid fiscal agent services; health care analytics and decision support services; health care fraud, abuse and detection services and electronic health records.
EDS (NYSE: EDS) is a leading global technology services company delivering business solutions to its clients. EDS founded the information technology outsourcing industry more than 45 years ago. Today, EDS delivers a broad portfolio of information technology and business process outsourcing services to clients in the manufacturing, financial services, healthcare, communications, energy, transportation, and consumer and retail industries and to governments around the world. Learn more at eds.com.
The statements in this news release that are not historical statements, including statements regarding the amount of new contract values, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond EDS' control, which could cause actual results to differ materially from such statements. For information concerning these risks and uncertainties, see EDS' most recent Form 10-K. EDS disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Electronic Data Systems Corporation