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

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From: JakeStraw	9/30/2009 8:49:12 AM
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HMS Acquires IntegriGuard to Expand Program Integrity Capabilities finance.yahoo.com Wednesday September 30, 2009, 8:30 am EDT NEW YORK, Sept. 30 /PRNewswire-FirstCall/ -- HMS today announced that it has acquired the business of IntegriGuard LLC, an ISO-certified and URAC-accredited organization devoted to the prevention and detection of fraud, waste, and abuse in the healthcare system. The company is based in Omaha, Nebraska and will operate as a wholly-owned subsidiary of HMS Holdings Corp. IntegriGuard offers a suite of program integrity and payment accuracy solutions designed to detect fraud and improper payments. The company's services include audit, compliance and education, data and analysis, eligibility verification, medical review, and investigation services. In addition to being designated by the Centers for Medicare and Medicaid Services (CMS) as one of 12 Program Safeguard Contractors and one of eight MEDIC contractors, IntegriGuard is one of eight Qualified Independent Contractors for CMS.

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