HMS HOLDINGS CORP
Sector: Business Services
Latest Quote @ Fri May 5 17:48:06 (15 min delayed)
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HMS Holdings Corp. furnishes cost containment, revenue recovery, cost reporting, and business office outsourcing services to healthcare providers and payors. The company operates through its two wholly owned subsidiaries, Health Management Systems, Inc. (Health Management Systems) and Accordis, Inc. (Accordis). Health Management Systems works on behalf of government healthcare programs to contain costs by recovering expenditures. Its customers include state and county Medicaid programs, their managed care plans, child support enforcement agencies, state prescription drug programs, and other public programs. Accordis offers business office outsourcing services, including identifying third-party resources, submitting bills to third-party payors and patients, recovering and accounting for the amounts due, responding to customer service questions from patients, and securing cost-based reimbursement from entitlement programs. It provides these services to hospitals, emergency medical transport agencies, and other healthcare providers. The company was founded in 1974 and is headquartered in New York City.