HMS Holdings Corp. Announces New Appointment to its Board of Directors
October 12 2016 - 9:00AM
HMS Holdings Corp. (NASDAQ:HMSY) today announced that Alex Michael
Azar II has been appointed to the HMS Board of Directors, effective
October 11, 2016. Mr. Azar is President, Lilly USA, LLC, the
largest affiliate of Eli Lilly & Company (NYSE:LLY). Prior to
joining Lilly, Mr. Azar was the Deputy Secretary (2005-2007) and
General Counsel (2001-2005) at the U.S. Department of Health &
Human Services.
“Alex Azar brings an important blend of government and industry
experience to our Board,” said Bill Lucia, Chairman and CEO. “He
has an informed perspective on healthcare policy which will enrich
our Board dialogue. In addition, Alex has extensive experience with
big data in his current role at Lilly which is particularly
relevant as we expand into the care management and data analytics
field with our recent acquisition of Essette.”
Prior to his service at HHS, Mr. Azar was in private legal
practice. He is a graduate of Dartmouth College and the Yale Law
School, and was a Law Clerk to U.S. Supreme Court Justice Antonin
Scalia.
“Expenditures in government programs - whether administered by
CMS, state governments or health plans – are projected to continue
growing at an unsustainable level. I look forward to joining the
HMS Board and utilizing my public and private healthcare experience
to contribute to its strategic discussion about ongoing efforts by
HMS to develop and acquire solutions for payers that help bend the
cost curve,” commented Mr. Azar.
About HMS
HMS Holdings Corp., through its subsidiaries, provides
coordination of benefits, payment integrity and care management
solutions for payers. The Company serves state Medicaid programs;
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 and the Veterans Health Administration;
government and private employers; and other healthcare payers and
sponsors, including child support agencies. As a result of the
Company’s services, customers recover billions of dollars annually
and save billions more through the prevention of improper
payments.
Investor Contact:
Dennis Oakes
SVP, Investor Relations
dennis.oakes@hms.com
212-857-5786
Media Contact:
Francesca Marraro
VP, Marketing and Communications
fmarraro@hms.com
212-857-5442
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