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

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From: JakeStraw	5/21/2009 9:54:01 AM
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MS Adds Over One Million Lives in New Medicaid Managed Care Contracts finance.yahoo.com Thursday May 21, 2009, 9:41 am EDT NEW YORK, May 21 /PRNewswire-FirstCall/ -- HMS today announced that it had been awarded contracts with six additional Medicaid managed care plans, adding over one million lives to the company's portfolio. HMS will be providing one or more of its core services -- including third party recovery and cost avoidance -- to Citrus Health Care, Inc. (FL); Community Health Group (CA); Fidelis Care New York (NY); Health First (NY); Health Plan of Michigan, Inc. (MI); and Virginia Premier Health Plan, Inc. (VA). "HMS continues to add new plans through a variety of procurement processes, including Requests for Proposals. These recent wins underscore the fact that managed care plans of all sizes continue to show a strong commitment to addressing cost containment through HMS's services," said Christina Dragonetti, HMS Executive Vice President for Managed Care. With the addition of these plans, HMS provides cost containment services to over 100 managed care plans across the country

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