logo
Share SHARE
FONT-SIZE Plus   Neg

HP Gets $221 Mln, 5-year Medicaid Contract Extension From Wisconsin

HP (HPQ) Friday said it has signed a five-year Medicaid contract extension with Wisconsin Department of Health Services for $221 million. Under this, HP will help Wisconsin continue to meet federal Medicaid requirements while helping to reduce costs, improve service and maintain program stability. HP's responsibilities as Wisconsin's fiscal agent will be to provide all systems work and management of a decision support system and data warehouse. The company said that it already manages the state's immunization registry program and will manage a local call center, financial and federal reporting, and support for the state's drug rebate and estate recovery programs.

Further, HP will conduct a system-wide technology refresh with HP Superdome 2 servers, helping the agency to address its workload cost effectively.

The company stated, "The HP team will continue to provide Wisconsin with a flexible, reliable and cost- effective MMIS that's ready for the future and helps enable the state to maintain its quality Medicaid program." The HP interChange MMIS is a multipayer system that has been implemented in 13 states over the past decade.

Friday, the stock closed at $25.21 on the NYSE.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
The Justice Department has initiated a probe to find out if airlines are colluding to limit seating capacity in order to benefit from higher airfares. Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud has pledged to give away his entire wealth amounting to $32 billion for charity. He said the fund will be utilized for cultural understanding, develop communities, empower women, enable youth, provide vital disaster relief and create a more tolerant and accepting world. Toyota accepted the resignation of its Chief Communications Officer Julie Hamp, following her arrest in Japan for allegedly mailing banned painkillers to her address in Japan from U.S.
comments powered by Disqus
RELATED NEWS
Trade HPQ now with 
Follow RTT