January 8, 2007
ACS Selected By Florida for $87.3 Million Contract to Administer State’s Child Health Insurance Program
DALLAS, Jan. 8 /PRNewswire-FirstCall/ -- Affiliated Computer Services, Inc. , a premier provider of business process outsourcing and information technology solutions, announced today that it has been awarded a new five-year, $87.3 million contract by the Florida Healthy Kids Corporation (FHKC) to administer the State's Child Health Insurance Program (CHIP). The contract may be extended for up to five additional years at FHKC's option.
Under terms of the contract, ACS will provide information technology development and third-party administration services for the Florida CHIP program, Florida KidCare. This program provides healthcare to children who are not eligible for Medicaid. ACS will process applications for eligibility, collect premiums from eligible members, enroll members into appropriate health plans, and operate a call center to assist those participating in the program.
The Florida KidCare program consists of MediKids, Healthy Kids, and Children's Medical Services for kids with special healthcare needs. These programs cover regular doctor visits, dental check-ups, prescription medicines, immunizations, and hospitalizations.
"Healthy Kids has designed one of the most comprehensive and effective CHIP programs in the nation and is a model for providing at-risk children with essential healthcare," said Tom Burlin, ACS Executive Vice President and Chief Operating Officer - Government.
"The use of the latest technology and the application of a proven business process will ensure our services remain an important part of the Healthy Kids program," said Burlin. "ACS has a demonstrated track record of delivering healthcare programs and is committed to helping Florida meet the needs of its at-risk citizens."
ACS' legacy in providing state governments with healthcare services includes pharmacy benefits administration, children's health administration, care coordination and management, Medicaid fiscal agent services, and health information analysis. The company currently administers CHIP programs in Colorado, Connecticut, Louisiana, Pennsylvania, and Virginia, as well as manages Medicaid and Medicare programs in more than a dozen states. ACS offers the industry's most comprehensive set of services, including managed care enrollment, eligibility administration, claims processing, provider relations, and third-party liability administration.
The Florida Legislature established the Florida Healthy Kids Corporation in 1990 as a public-private partnership. Its mission is to improve access to comprehensive, affordable health insurance for the State's uninsured children. Children enrolled in the program receive regular doctor's visits, dental check-ups, and immunizations. Visit http://www.healthykids.org/ for more information. This program is unique because it is designed to provide affordable access to health insurance coverage for working families for whom the payment of the full premiums would be out of reach.
Participation by school districts, health plans, and other entities in this initiative is voluntary and a key factor in the program's success. With operational sites statewide, Florida Healthy Kids makes quality healthcare available to uninsured children. The broad coverage of the benefit structure, from immunizations to transplants to dental services, seeks to ensure that children in Florida are able to enjoy the continuity of care that is essential to their health, well-being, and development.
ACS, a global FORTUNE 500 company with more than 58,000 people supporting client operations reaching nearly 100 countries, provides business process outsourcing and information technology 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 http://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.
CONTACT: investor relations, Jon Puckett, Vice President, InvestorRelations, +1-214-841-8281, or [email protected] , or media, LesleyPool, Senior Vice President, Chief Marketing Officer, +1-214-841-8028, [email protected] , both of Affiliated Computer Services, Inc.
Web site: http://www.acs-inc.com/http://www.healthykids.org/