
Arkansas Extends 30-Year Relationship with HP with New Medicaid Contract
PALO ALTO, Calif., April 14, 2015 HP Enterprise Services today announced the Arkansas Department of Human Services (DHS) Division of Medical Services has signed a $190 million contract for HP to implement its flagship interChange Medicaid Management Information System (MMIS) and continue as the state's Medicaid fiscal agent.
The seven-year contract includes one base year with six one-year options and extends HP's nearly 30-year relationship in supporting the state of Arkansas. HP will continue to manage the state's legacy system until the new MMIS goes live.
Arkansas has been at the forefront of regulatory changes and healthcare reform with our payment improvement initiatives and the expansion of healthcare to previously uninsured citizens, said Dawn Stehle, Medicaid Director, Arkansas. As our long-term partner, HP will use its nearly three decades of Arkansas Medicaid experience to ensure we continue to meet the challenges in the new world of healthcare all while keeping focus on delivering quality services to the providers and citizens of our state.
The Arkansas interChange MMIS will give the state the flexibility to adjust quickly to changing state and federal policies while processing daily claims for the state's Medicaid clients. Healthcare providers will be able to receive real-time claims adjudication and resolution via a secure provider website, and Medicaid clients will be able to access their information to make healthcare decisions via a secure client website. The state will also take advantage of HP Business Process Services during and after the implementation, which will be used for provider enrollment, claims processing, reporting and audits.
We have supported the state of Arkansas since 1985 and our employees have developed a comprehensive knowledge of the state's systems, laws and processes, making this new contract a natural fit to enable Arkansas to continue meeting its healthcare goals. said Susan Arthur, vice president, U.S. Health and Life Sciences Industry, HP Enterprise Services. With our robust MMIS solution, we are confident that Arkansas will see a great improvement in efficiency and will be able to rely on this system for many years to come.
Arkansas is the 17th state to adopt HP's interChange Healthcare platform, a powerful, proven and constantly evolving solution that gives states and providers access to leading-edge technology. By cutting costs and increasing access to information, the HP interChange platform reduces implementation risk for states and improves provider satisfaction. HP interChange has earned federal certification in 13 states; four other interChange systems are under construction in other states.
HP is the nation's largest provider of Medicaid and Medicare process management services, administering $140 billion in benefits a year. It serves as the fiscal agent or principal IT provider for Medicaid in 19 states. HP's U.S. healthcare experience spans payer, government and life science communities.
Forward-Looking Statement
This press release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of HP for future operations, including the separation transaction; the future performance of Hewlett-Packard Enterprise and HP Inc. if the separation is completed; any statements concerning expected development, performance, market share or competitive performance relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the need to address the many challenges facing HP's businesses; the competitive pressures faced by HP's businesses; risks associated with executing HP's strategy, including the planned separation transaction, and plans for future operations and investments; the impact of macroeconomic and geopolitical trends and events; the need to manage third-party suppliers and the distribution of HP's products and services effectively; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; risks associated with HP's international operations; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its suppliers, customers, clients and partners; the hiring and retention of key employees; integration and other risks associated with business combination and investment transactions; the execution, timing and results of restructuring plans, including estimates and assumptions related to the cost and the anticipated benefits of implementing those plans; the execution, timing and results of the separation transaction or restructuring plans, including estimates and assumptions related to the cost (including any possible disruption of HP's business) and the anticipated benefits of implementing the separation transaction and restructuring plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's Annual Report on Form 10-K for the fiscal year ended October
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