Press Release: July 29, 2009
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State of Tennessee Awards $170 Million Medicaid Management Contract to EDS, an HP Company

PALO ALTO, Calif., July 29, 2009

EDS, an HP company, today announced it has signed a four-year, $170 million contract with the state of Tennessee to update and manage the state’s Medicaid Management Information System, helping to ensure healthier outcomes for its residents.

The contract extends the 14-year relationship between EDS and TennCare, the state agency that oversees Medicaid services for more than 1.2 million Tennesseans. The base contract runs through June 30, 2013, and includes a one-year option.

EDS has operated the TennCare Management Information System for the state since 1995. In 2002, the state awarded EDS a contract to implement the EDS interChange system, replacing its legacy system.

”We are pleased to continue our partnership with EDS,” said Darin Gordon, director at TennCare. “We look forward to our continued working relationship and the implementation of enhanced computer systems and improved business practices.”

The contract calls for EDS to refresh the TennCare system with new computer hardware and software. In addition, EDS will implement a suite of powerful new business intelligence tools to help the state better analyze its health care data and develop and implement new programs.

System management, maintenance and enhancement services as well as mailroom, data entry, suspense resolution, and scanning and indexing functions will continue to be provided by EDS.

“Tennessee’s health care leaders deserve credit for recognizing the power of technology to help the state reach its long-term health goals,” said Barbara Anderson, vice president of State Health and Human Services at EDS, an HP company. “By upgrading the agency’s technology and integrating an array of important new technology tools, EDS is helping TennCare achieve its health vision for Tennesseans.”

EDS, as the fiscal agent or primary IT provider to 22 Medicaid programs, is the nation’s largest provider of Medicaid process management services, processing about 1 billion Medicaid claims and administering about $100 billion in benefits a year.

About EDS

EDS, an HP company, is a leading global technology services provider, delivering business solutions to its clients. EDS founded the information technology outsourcing industry nearly 50 years ago. Today, EDS delivers a broad portfolio of information technology, applications and business process outsourcing services to clients in the manufacturing, financial services, healthcare, communications, energy, transportation, and consumer and retail industries, and to governments around the world.

About HP

HP, the world’s largest technology company, simplifies the technology experience for consumers and businesses with a portfolio that spans printing, personal computing, software, services and IT infrastructure. More information about HP (NYSE: HPQ) is available at http://www.hp.com/.


This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected operational and financial results; and other risks that are described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended April 30, 2009 and HP’s other filings with the Securities and Exchange Commission, including but not limited to HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2008. HP assumes no obligation and does not intend to update these forward-looking statements.

EDS and the EDS logo are registered trademarks of Hewlett-Packard Development Company, LP.
HP is an equal opportunity employer and values the diversity of its people. © 2009 Hewlett-Packard Development Company, LP.


Editorial contacts:

Bill Ritz, EDS, an HP company: bill.ritz@eds.com

About HP

HP Inc. creates technology that makes life better for everyone, everywhere. Through our portfolio of printers, PCs, mobile devices, solutions, and services, we engineer experiences that amaze. More information about HP Inc. is available at http://www.hp.com.