Health Management Systems, Inc. (HMSY)- Great BuY! Message Board

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

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From: JakeStraw	10/28/2011 8:17:25 AM
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HMS Holdings Corp. Announces Third Quarter 2011 Results; finance.yahoo.com 2012 Guidance Q3 2011 GAAP EPS $0.17(+31% y/y) 2011 GAAP EPS guidance increased to $0.60 (+27.7% y/y) from $0.59 2012 initial guidance of $435.0 million in revenue (+19.5% y/y,) $0.74 GAAP EPS (+23.3% y/y) “On the sales front, HMS continued to win competitive Medicaid RAC procurements in the third quarter,” said Lucia. “We are very pleased that the components of CMS’s Final Rule, which governs Medicaid RAC implementations and provides guidance to states, aligns favorably with HMS’s capabilities, even though the delay in the rule slowed a number of state contract awards and implementations. With contract award activity resuming as states re-focus on Medicaid RAC, we’re confident that the opportunity associated with this program will be realized in 2012 and beyond.”

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