HMS Holdings Corp (OQ:HMSY)

Business Focus: Healthcare Facilities & Services

Sector:  Healthcare Industry:  Healthcare Facilities & Services
See Regulatory Filings on SEC
Company Contact
Address: 5615 High Point Dr
IRVING TX 75038-2453
Tel: 1-972-2842140
Website: N/A
Key People
William C. Lucia
Chairman of the Board, President, Chief Executive Officer
Jeffrey Scott Sherman
Chief Financial Officer, Executive Vice President, Treasurer
Emmet OGara
Group President, Total Population Management
Douglas M. Williams
Chief Operating Officer, Executive Vice President
David A. Alexander
Chief Human Resource Officer, Senior Vice President, Chief Compliance Officer
Tracy A. South
Executive Vice President, Chief Administrative Officer
Meredith W. Bjorck
Executive Vice President, Corporate Secretary, Chief Legal Officer
Jacob J. Sims
Senior Vice President, Chief Technology Officer
Maria E. Perrin
Senior Vice President, Chief Marketing and Strategy Officer
Business Overview
HMS Holdings Corp. is a holding company. The Company, through its subsidiaries, operates in the United States healthcare insurance benefit cost containment marketplace. It provides coordination of benefits services to government, and private healthcare payers and sponsors. Its payment integrity services ensure that healthcare claims billed are accurate and appropriate. It offers services to state Medicaid agencies, government health agencies and health plans, including Medicaid managed care, Medicare Advantage and group and individual health lines of business; government and private employers; and other healthcare payers and sponsors, including child support agencies. It serves approximately 45 state Medicaid programs and the District of Columbia, and government health agencies, including Centers for Medicare & Medicaid Services (CMS) and the Veterans Health Administration (VHA). It also provides services to approximately 250 health plans and supports their multiple lines of business.
Financial Overview
For the fiscal year ended 31 December 2019, HMS Holdings Corp revenues increased 5% to $626.4M. Net income increased 59% to $87.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Settlement expense decrease from $20M (expense) to $0K, Interest Income increase from $1.1M to $4.1M (income).
Employees: 3,100 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $2,196M as of Dec 31, 2019
Annual revenue (TTM): $626.40M as of Dec 31, 2019
EBITDA (TTM): $153.31M as of Dec 31, 2019
Net annual income (TTM): $87.22M as of Dec 31, 2019
Free cash flow (TTM): $111.61M as of Dec 31, 2019
Net Debt Last Fiscal Year: $101.77M as of Dec 31, 2019
Shares outstanding: 88,105,722 as of Feb 17, 2020
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization