HMS, Inc., (“HMS”) a wholly owned subsidiary of HMS Holdings Corp. (NASDAQ:HMSY), today announced that the Company has commenced work as the prime contractor for the Florida Agency for Health Care Administration (AHCA) to provide coordination of benefits services for the State’s Medicaid population. Under this new contract, awarded in June pursuant to a competitive bid process, HMS will provide the following services: Medicare and other third party payer recovery, cost avoidance, the health insurance premium payment program, casualty recovery, estate recovery, trust and annuity recovery, and other cost containment services. The five-year contract runs through August 2020 and includes an extension option of up to five additional years.

AHCA is the fifth largest state Medicaid program in the U.S., as measured by total spend. Over the past 13 years, HMS’s partnership with AHCA has generated approximately $1.2 billion in cash recoveries and an additional $11 billion in savings to the agency.

“HMS and AHCA have enjoyed a long and valuable partnership over many years,” said Doug Williams, President of Markets for HMS. “We look forward to helping the agency continue to save dollars, thereby preserving funds for the Statewide Medicaid Managed Care program and other high-priority initiatives.”

About HMS Holdings Corp.

HMS Holdings Corp., through its subsidiaries, provides coordination of benefits and payment integrity services for payers. The Company serves Medicaid programs in 45 states and the District of Columbia; commercial health plans, including Medicaid managed care, Medicare Advantage and group and individual health lines of business; federal government health agencies, including the Centers for Medicare & Medicaid Services ("CMS") and the Veterans Health Administration; government and private employers; child support agencies; and other healthcare payers and sponsors. As a result of the Company's services, our customers recovered billions of dollars in 2014 and saved billions more through the prevention of erroneous payments.

Safe Harbor Statement

This press release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Such statements give our expectations or forecasts of future events; they do not relate strictly to historical or current facts. In particular, these include statements relating to future actions, business plans, objectives and prospects, and future operating or financial performance. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Should known or unknown risks or uncertainties materialize, or should underlying assumptions prove inaccurate, actual results could differ materially from past results and those anticipated, estimated or projected. We caution you therefore against relying on any of these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to the risk that anticipated savings will not be realized and/or that the Medicaid population will not be as large as anticipated, and other factors identified in our most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission. A further description of these and other risks, uncertainties and related matters can be found in our Annual Report on Form 10-K for the fiscal year ended December 31, 2014, which is available at www.hms.com under the "Investor Relations" tab and at www.sec.gov. Any forward-looking statements are made as of the date of this press release and we do not undertake an obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.