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Biotech / Medical : Health Management Systems, Inc. (HMSY)- Great BuY!

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From: JakeStraw7/25/2012 10:05:09 AM
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Commonwealth of Virginia Awards Fraud and Abuse Detection Contract to HMS
finance.yahoo.com

...to provide a customized Medicaid Fraud and Abuse Detection System to detect fraud, waste, and abuse through data modeling algorithms that analyze claims and provider behavior.

The contract runs for one year and includes two one-year renewal options.

“HMS has combined a number of our program integrity core competencies into a single, customized, state-of-the-art fraud and abuse detection system for Virginia. We value the opportunity to work with the Commonwealth to help maximize the integrity and efficiency of its Medicaid program,” said Maria Perrin, HMS's Chief Business Officer.
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