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

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From: JakeStraw7/14/2008 12:39:58 PM
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Louisiana Department of Health and Hospitals Announces Intent to Award Cost Containment Services Contract to HMS
biz.yahoo.com
Monday July 14, 9:36 am ET

NEW YORK, July 14 /PRNewswire/ -- The Louisiana Department of Health and Hospitals announced its intent to award HMS a contract to continue providing Third Party Liability (TPL) recovery and cost avoidance services to the state's Medicaid program. This statement of intent is the result of HMS having achieved the highest score in a competitive procurement process for the three-year contract.

During its most recent contract with the state, HMS recovered more than $36 million for the Department.
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