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Share Name | Share Symbol | Market | Type |
---|---|---|---|
HMS Holdings Corp | NASDAQ:HMSY | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 36.975 | 34.87 | 37.00 | 0 | 01:00:00 |
“We are pleased to have resolved this matter,” said Jeff Sherman, CFO. The Company paid the settlement amount from available cash on June 28th, so will record a charge in the second quarter. “The settlement payment does not meaningfully change our overall liquidity profile, which remains very strong, and the charge will be treated as a non-recurring legal expense when we report second quarter results, so will not impact our adjusted EPS,” added Sherman.
About HMS
HMS is a leading provider of cost containment solutions in the U.S. healthcare marketplace. Using innovative technology as well as extensive data services and powerful analytics, the Company delivers coordination of benefits, payment integrity, and care management and consumer engagement solutions to help healthcare payers improve financial performance and clinical outcomes. Together our various services help customers recover improper payments; prevent future improper payments; reduce fraud, waste and abuse; better manage the care their members receive; engage healthcare consumers to improve clinical outcomes and increase retention; and achieve regulatory compliance. The Company serves commercial health plans, state government agencies, federal programs, at-risk providers, pharmacy benefit managers, employers and other healthcare payers and sponsors; and also serves as a subcontractor for certain business outsourcing and technology firms.
Investor Contact: | Media Contact: | ||||||||||
Dennis Oakes | Maria Perrin | ||||||||||
SVP, Investor Relations | Media Relations | ||||||||||
dennis.oakes@hms.com | maria.perrin@hms.com | ||||||||||
212-857-5786 | 925-858-4881 |
1 Year HMS Chart |
1 Month HMS Chart |
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