ACS Awarded Contract to Develop Health Information Exchange for the Commonwealth of Kentucky
DALLAS, Oct 14, 2009 (BUSINESS WIRE) --
Company: Affiliated Computer Services, Inc. (ACS)
Affiliated Computer Services, Inc. (NYSE: ACS), today announced that it has been awarded a contract that will help improve the quality of healthcare in Kentucky by providing physicians with a more complete picture of a patient's medical history.
ACS will develop and maintain the initial phases of the Kentucky Health Information Exchange (KHIE), a system that will allow electronic medical data to be exchanged between hospitals, health care practitioners and the Kentucky Department for Medicaid Services. The three-year contract is valued at $4.5 million.
"The use of the KHIE will promote continuity of care and facilitate communication and exchange of critical health information between the patient's primary care provider and other health care providers," said Kentucky Governor Steve Beshear.
The system will connect healthcare providers by providing instantaneous access to items such as laboratory and image reports, medication histories, allergy histories, past medical diagnoses, hospital stays and immunizations.
"ACS has the tools to create a 21st century high-performance healthcare system," said Christopher Deelsnyder, senior vice president and managing director, ACS Government Healthcare Solutions. "ACS' approach to the Commonwealth's Health Information Exchange will transform healthcare by improving patient outcomes, eliminating administrative burdens and lowering the cost of care."
The kick-off launch of KHIE was conducted with stakeholders on Oct. 2 for the pilot project which is funded through a Medicaid Transformation Grant from the Centers for Medicare and Medicaid Services (CMS), which will support the initial phases of development of KHIE and its pilot implementation. The state will seek American Recovery and Reinvestment Act funding for statewide expansion.
"ACS' healthcare solutions support the entire span of the healthcare ecosystem, adding value for providers, payers and government agencies," said Joseph Doherty, executive vice president and group president, ACS Government Solutions. "In the face of economic change and as stimulus funding becomes available, we are working closely with state and federal agencies to ensure that they can take advantage of flexible, cost-effective healthcare strategies."
About ACS
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 supports more than 35.5 million program recipients and processes nearly 571 million Medicaid healthcare claims annually, representing close to $50 billion in provider payments. As the nation's largest government program pharmacy benefits administrator, ACS serves 28 programs in 24 states, the District of Columbia with drug expenditures totaling more than $7 billion.
ACS, a global FORTUNE 500 company with approximately 74,000 people supporting client operations reaching more than 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." Learn more about ACS 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.
SOURCE: ACS
Affiliated Computer Services, Inc. Investor Relations Contact Jon Puckett, 214-841-8281 Vice President Investor Relations jon.puckett@acs-inc.com or Media Contact Ken Ericson, 202-378-2692 Director Corporate Communications ken.ericson@acs-inc.com
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Company: Affiliated Computer Services, Inc. (ACS)
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