NEW YORK--(BUSINESS WIRE)-- HMS, a wholly owned subsidiary of HMS Holdings Corp. (NASDAQ:HMSY), today announced that it had been awarded a contract by Health Plus of New York to perform full source overpayment recovery and cost avoidance services. The contract runs for two years, with the option to extend for future years.
Health Plus currently serves over 300,000 Medicaid, Family Health Plus, Child Health Plus, and Medicare members across all five boroughs of New York City and Nassau County.
“HMS is excited to forge a relationship with Health Plus,” said Ron Singh, HMS Executive Vice President for Managed Care Services. “We look forward to helping Health Plus improve the efficiency of its health plans to better serve the uninsured population of New York, while meeting its financial objectives.”
“We are delighted to partner with HMS on this initiative, which we are confident will enhance the overall quality of care we provide our members, quickly and cost-effectively,” said Tom Early, CEO of Health Plus.
About Health Plus
Since 1984, Health Plus, one of the largest HMOs in the New York area, has worked to ensure that every child and adult in the five boroughs and Nassau County has access to free or low cost healthcare. Today, the not-for-profit organization is the plan of choice for over 300,000 New Yorkers—proof that it is well on its way to seeing its mission fulfilled.
Health Plus offers four quality comprehensive plans: Child Health Plus, for children and teens under age of 19; Family Health Plus, affordable health insurance for qualified adults, ages 19-64; Health Care Plus, Medicaid managed care, and Health Plus Elite (HMO), Medicare Advantage Prescription Drug & Special Needs plans.
To learn more about Health Plus, visit www.healthplus-ny.org.
About HMS (NASDAQ:HMSY)
HMS is the nation’s leader in coordination of benefits and program integrity services for healthcare payors. HMS’s clients include health and human services programs in more than 40 states; commercial programs, including commercial plans, employers, and over 120 Medicaid managed care plans; the Centers for Medicare & Medicaid Services (CMS); and Veterans Administration facilities. As a result of the company’s services, clients recovered over $1.8 billion in 2010, and saved billions of dollars more through prevention of erroneous payments.
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INDUSTRY KEYWORDS: Health Hospitals Other Health Professional Services Insurance