A Kaulkin Ginsberg Publication
Ontario
03/19/2010

PR - MAXIMUS Awarded $14.2 million Program Expansion in British Columbia

March 10, 2008
 
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Reston, Va.-based MAXIMUS Inc. (NYSE: MMS), a leading provider of government services, announced today that its Canadian subsidiary has signed an amendment valued at approximately $14.2 million (US) to its Master Services Agreement with the Province of British Columbia Ministry of Health. The amendment applies to the PharmaNet program which MAXIMUS has administered since April 2005.

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PharmaNet links all British Columbia pharmacies to a central set of data systems and supports drug dispensing, drug monitoring and claims processing. Under the amendment, MAXIMUS will lead the effort to upgrade the Province's application to the next generation PharmaNet-eRx application.

The PharmaNet-eRx upgrade is part of the Province's eDrug initiative which will improve authorized access to patient medication histories, enhance the content of medication profiles, automate special authority processing and allow for electronic prescribing. In support of PharmaNet-eRx, MAXIMUS will configure, install and deploy a new drug information system (DIS). The enhancement effort is expected to broaden the quality service MAXIMUS already delivers to British Columbia's pharmaceutical and medical community.

"The expansion of our partnership with the British Columbia Ministry of Health demonstrates our ongoing commitment to provide unparalleled service in our core markets. We are proud of the ongoing quality service we continue to deliver to the pharmaceutical and medical community in British Columbia and we look forward to expanding and enhancing that service. PharmaNet-eRx is an important step towards furthering the Ministry of Health's eHealth Electronic Health Record initiative and we are excited to support these efforts," said Richard Montoni, Chief Executive Officer of MAXIMUS.

Funding for this major upgrade to British Columbia's PharmaNet system comes from the Province and Canada Health Infoway, a federal, non-profit organization with the mandate to accelerate the adoption of electronic health information systems across Canada.

This amendment is an expansion of the November 2004 Master Service Agreement between MAXIMUS and the Province of British Columbia. The original Agreement was valued at approximately $268 million (US) and under the terms of the contract MAXIMUS provides health benefit operations administrative services to the province which includes registering all British Columbia residents for their medical and pharmacy benefits, maintaining correct information on all registered residents, confirming premium assistance eligibility, registering all health care providers, and processing payments for medical and pharmacy claims.

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