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

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From: JakeStraw	4/7/2009 9:33:27 AM
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HMS Awarded Medicaid Audit Contract in South Carolina finance.yahoo.com Tuesday April 7, 2009, 9:05 am EDT NEW YORK, April 7 /PRNewswire-FirstCall/ -- HMS today announced that it had been awarded a contract for consulting and audit services for Medicaid overpayments from the South Carolina Department of Health and Human Services. The contract is for one year, with two optional renewal years. HMS will support the State Program Integrity unit in the expansion of South Carolina's Medicaid claims review and recovery audit process, performing post-payment review of Medicaid claims from hospitals and other medical providers in a range of areas, including DRG coding, duplication of services, medical necessity, and various other overpayment issues. HMS will identify the overpayments and provide information to the state to allow for the recovery of the overpayments.

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