DALLAS, Sept. 21 /PRNewswire-FirstCall/ -- Affiliated Computer Services, Inc. , a premier provider of business process and information technology outsourcing solutions, announced today that it has signed a $3.8 million contract extension with the State of Colorado's Department of Health Care Policy and Financing for the Child Health Plan Plus (CHP+) program.
Colorado CHP+ targets children from birth through 18 years of age in families with incomes at or below 200 percent of the Federal Poverty Level.
This one-year contract is an extension of the Colorado CHP+ contract awarded to ACS in 2003 to support enrollment of uninsured children into Colorado CHP+. ACS will provide multilingual call center services to providers and members who need information about CHP+ application and eligibility processes. ACS will also process CHP+ applications, determine eligibility, collect premium payments, manage complaints and appeals processes, handle correspondence, and administer a website for the CHP+ program.
Under a different contract, ACS currently also serves as the fiscal agent for the Colorado Medicaid Program and performs pharmacy benefits management services for the State.
"The State of Colorado has expressed its confidence in ACS' ability to deliver and operate the CHP+ program by extending this contract," said John Crysler, Managing Director of ACS Government Healthcare Solutions. "We are excited about continuing to build a strong relationship with the State of Colorado leveraging our experience implementing children's health insurance program services for a number of other states."
ACS is a national leader in state healthcare program administration, offering a full spectrum of systems and complementary services through an integrated solution. From care management solutions and child health programs to pharmacy benefits management and traditional Medicaid fiscal agent services, ACS has a proven track record and extensive program management expertise. ACS is also a pioneer in fraud and abuse protection and other cost containment methodologies, and is known for its collaborative approach to client relationships that produce results over the long-term. ACS supports over 20 million program recipients and processes nearly 475 million Medicaid healthcare claims annually, representing more than $47 billion in provider payments. As the nation's largest government program pharmacy benefits administrator, ACS serves 30 programs in 25 states and the District of Columbia with drug expenditures totaling over $13 billion.
ACS, a FORTUNE 500 company with more than 50,000 people supporting client operations in nearly 100 countries, provides business process and information technology outsourcing solutions to world-class commercial and government clients. The Company's Class A common stock trades on the New York Stock Exchange under the symbol "ACS". ACS makes technology work. Visit ACS on the Internet at www.acs-inc.com .
The statements in this news release that do not directly relate to historical facts constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous risks and uncertainties, many of which are outside the Company's control. As such, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statements. Factors could cause actual results to differ materially from such forward-looking statements. For a description of these factors, see the Company's prior filings with the Securities and Exchange Commission, including our most recent filing. ACS disclaims any intention or obligation to revise any forward-looking statements, whether as a result of new information, future event, or otherwise.
ACS, Inc.CONTACT: investor relations, Warren Edwards, Executive Vice President-Chief Financial Officer, +1-214-841-8082, or warren.edwards@acs-inc.com ,or media, Lesley Pool, Senior Vice President-Chief Marketing Officer,+1-214-841-8028, or lesley.pool@acs-inc.com , both of ACS, Inc.
Web site: http://www.acs-inc.com/
