NEW YORK--(BUSINESS WIRE)--HMS, a wholly owned subsidiary of HMS Holdings Corp. (NASDAQ:HMSY), announced today that is has been awarded a contract by the State of Utah, Department of Health to provide Recovery Audit Contractor (RAC) services for the years 2008 and 2009. The contract extends through June 30, 2012, with the option to renew for 2 additional years.
About HMS (NASDAQ:HMSY)
HMS, a wholly owned subsidiary of HMS Holdings Corp., is the nation's leader in coordination of benefits and program integrity services for healthcare payors. HMS's clients include health and human services programs in more than 40 states; commercial programs, including commercial plans, employers, and over 120 Medicaid managed care plans; the Centers for Medicare and Medicaid Services (CMS); and Veterans Administration facilities. As a result of the company’s services, clients recovered over $1.8 billion in 2010, and saved billions of dollars more through prevention of erroneous payments.