logo
Share SHARE
FONT-SIZE Plus   Neg

HP Awarded $122 Million Contract Extension With North Carolina Health Dept.

HP Enterprise Services Thursday announced a $122 million agreement with the North Carolina Department of Health and Human Services for HP (HPQ) to continue providing Medicaid and mental health fiscal agent services for up to two years.

Under the extension, HP said it will continue managing North Carolina's Medicaid Management Information System, or MMIS, with business process outsourcing services. HP also is helping the state prepare for changes in the healthcare industry for Medicaid and mental health programs.

HP helps North Carolina manage its Medicaid and mental health programs by processing more than 80 million claims annually for more than 60,000 providers and 1.7 million recipients statewide.

In late 2011, HP assumed management of North Carolina Health Choice, the state's healthcare program for children, which includes 260,000 recipients and 35 million claims payments per year, totaling about $300 million.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
French real estate company Unibail-Rodamco SE Tuesday announced that it has entered into an agreement to acquire Australian shopping centre group Westfield Corp. in a deal that implies an enterprise value of $24.7 billion. The deal is expected to create the world's premier developer and operator of flagship shopping destinations with 61.1 billion euros or $72.2 billion of Gross Market Value. Aerospace and defense major Boeing's shares increased in the extended trading on Monday after the company announced a 20 percent increase in quarterly dividend and also boosted its share repurchase program to $18 billion, citing its strong and growing cash flow. Checkout the companies that are expected to release quarterly financial results on Tuesday, December 12, 2017. * ARWR to benefit from collaboration agreement with Amgen * Demand for PoS software, PaaS technologies to propel PAY Q4
comments powered by Disqus
Follow RTT