OverviewSuggest Edit

HMS is a provider of cost containment solutions in the healthcare marketplace. The company uses innovative technology, data services, and analytics, to deliver coordination of benefits, payment integrity and health management and engagement solutions to help healthcare payers improve performance and outcomes. HMS provides coordination of benefits services to government and commercial healthcare payers and sponsors to ensure that the responsible party pays healthcare claims. Its payment integrity services ensure that healthcare services are utilized, billed and paid appropriately. HMS's care management technology helps risk-bearing organizations manage the care delivered to their members.

TypePublic
Founded1974
HQIrving, TX, US
Websitehms.com
Employee Ratings3.7
Overall CultureA

Latest Updates

Employees (est.) (Dec 2019)3,100(+24%)
Job Openings49
Revenue (FY, 2020)$673.3 M(+8%)
Share Price (Apr 2021)$37
Cybersecurity ratingAMore

Key People/Management at HMS

Bill Lucia

Bill Lucia

Chairman, President, and Chief Executive Officer
Doug Williams

Doug Williams

Chief Operating Officer
Jeff Sherman

Jeff Sherman

Chief Financial Officer
Emmet O'Gara

Emmet O'Gara

Group President, Population Health Management
Maria Perrin

Maria Perrin

Chief Growth Officer
Jacob Sims

Jacob Sims

Chief Technology Officer
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HMS Office Locations

HMS has offices in Irving, Albany, Anchorage, Atlanta and in 20 other locations
Irving, TX, US (HQ)
5615 High Point Dr
Albany, NY, US
Winners Cir
Anchorage, AK, US
4710 Business Park Blvd suite f - 24
Atlanta, GA, US
900 Circle 75 Pkwy #650
Boise, ID, US
671 E Riverpark Ln #200
Charleston, WV, US
Daniel Boone Hotel, 405 Capitol St #503Charleston
Show all (26)

HMS Financials and Metrics

HMS Revenue

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HMS's revenue was reported to be $673.28 m in FY, 2020
USD

Revenue (FY, 2020)

673.3m

Gross profit (FY, 2020)

216.0m

Gross profit margin (FY, 2020), %

32.1%

Net income (FY, 2020)

70.1m

EBIT (FY, 2020)

93.2m

Market capitalization (5-Apr-2021)

3.3b

Closing stock price (5-Apr-2021)

37.0

Cash (31-Dec-2020)

207.1m

EV

3.3b
HMS's current market capitalization is $3.3 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

489.7m521.2m598.3m626.4m673.3m

Revenue growth, %

3%6%15%

Cost of goods sold

342.7m365.1m401.6m408.7m457.3m

Gross profit

147.1m156.1m196.7m217.7m216.0m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

176.0m83.3m178.9m139.3m207.1m

Accounts Receivable

173.6m189.5m206.8m

Prepaid Expenses

13.7m16.6m20.0m30.9m26.3m

Current Assets

367.6m292.7m425.3m397.4m499.7m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

37.6m40.1m55.0m87.2m70.1m

Depreciation and Amortization

45.0m50.1m57.6m33.3m46.8m

Accounts Payable

12.1m(340.0k)11.2m4.7m(4.7m)

Cash From Operating Activities

88.6m86.5m96.5m133.2m99.0m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

1.4m8.0m14.3m6.4m3.0m21.6m19.6m48.7m69.9m12.7m19.3m

Depreciation and Amortization

10.6m22.0m36.5m13.5m29.5m43.2m10.3m20.7m31.7m8.0m23.7m

Accounts Payable

(19.6m)(8.2m)(2.7m)(14.1m)(2.5m)4.4m(16.0m)(7.2m)(4.0m)(19.1m)(8.6m)

Cash From Operating Activities

3.4m20.7m55.1m14.7m23.7m55.5m28.5m78.1m112.9m17.1m65.8m
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HMS Operating Metrics

FY, 2016FY, 2017FY, 2018

Health Plans

255325325

Medicaid Programs

464040

Patents Issued

5060
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HMS Acquisitions / Subsidiaries

Company NameDateDeal Size
Eliza CorporationMarch 14, 2017$170 m
Eliza Holding Corp
ElizaLive
Essette
HealthDataInsights
Health Management Systems
HMS Care Analytics
IntegriGuard
Permedion
Reimbursement Services Group Inc

HMS Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

HMS Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

HMS Online and Social Media Presence

Embed Graph

HMS Company Culture

  • Overall Culture

    A

    80/100

  • CEO Rating

    A+

    83/100

  • Compensation

    A-

    79/100

Learn more on Comparably

HMS News and Updates

Gainwell’s HMS Donates $20,000 to Girlstart to Support STEM Camps for Girls

IRVING, Texas, May 20, 2021 (GLOBE NEWSWIRE) -- For the second year in a row, HMS, a Gainwell Technologies Company, announced it has donated $20,000 to Girlstart, an organization that designs and implements innovative, high-quality STEM (science, technology, engineering, and math) education progra…

HMS Networks: Strong growth in the first quarter 2021

As a result of the order intake, net sales and operating profit exceeding market expectations for the first quarter of 2021, HMS Networks today publishes its preliminary result.

Invitation to HMS Networks’ first quarter 2021 conference call

HMS Networks AB (publ) will release its first quarter report 2021 on Friday April 23, 2021, at 08.00 CET.

The Swedish version of HMS Network’s Annual Report 2020 is now available on www.hms-networks.com/ir

The Swedish version of HMS Networks’ Annual Report 2020 is now available on our website. Printed Swedish Annual Report 2020 will be available in mid-April and can be ordered from the Company by sending an e-mail to reception@hms.se. The English version of the Annual Report 2020 will be available on …

HMS Launches Coordination of Benefits on Demand Solution with Near Real-Time Insight into Other Coverage

Solution is part of HMS’ suite of innovative payment accuracy solutions used by more than 300 health plans and 40 state Medicaid agencies Solution is part of HMS’ suite of innovative payment accuracy solutions used by more than 300 health plans and 40 state Medicaid agencies

HMS Reports Fourth Quarter and Full Year 2020 Financial Results

IRVING, Texas, Feb. 26, 2021 (GLOBE NEWSWIRE) -- HMS Holdings Corp. (Nasdaq: HMSY) today announced financial results for the fourth quarter and full year ended December 31, 2020.
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HMS Blogs

Overcoming Negative Attitudes Toward the Flu Vaccine

The First Step In Fighting the Flu An annual flu vaccination is the best way to prevent the flu and...

Five Questions to Ask When Evaluating Member Incentives for Your Plan

In recent years, consumer-directed healthcare has gained significant traction in the United States. One way that health plans have embraced...

What a Popular Meme Can Teach Us About Healthcare AI

One of These Things Is Not Like the Other: Sheepdog or mop? Puppies or food? Carcinoma or keratosis? Big data,...

Fewer Care Gaps and Healthier Choices: How Incentive Programs Can Help

Financial incentives have been making inroads into the healthcare arena for several years. These programs are popular with health plan...

The Impact of Natural Disasters on Behavioral Health

When natural disasters strike, physical safety is top of mind. The healthcare system mobilizes to assist individuals who have suffered...

HMS Hosts Healthcare Thought Leadership Conference ‘Momentum 2019’

Healthcare leaders gain insights on the future of the industry in third annual conference. HMS hosted its third annual forum...
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HMS Frequently Asked Questions

  • When was HMS founded?

    HMS was founded in 1974.

  • Who are HMS key executives?

    HMS's key executives are Bill Lucia, Doug Williams and Jeff Sherman.

  • How many employees does HMS have?

    HMS has 3,100 employees.

  • What is HMS revenue?

    Latest HMS annual revenue is $673.3 m.

  • What is HMS revenue per employee?

    Latest HMS revenue per employee is $217.2 k.

  • Who are HMS competitors?

    Competitors of HMS include Optum, Aon and TransUnion.

  • Where is HMS headquarters?

    HMS headquarters is located at 5615 High Point Dr, Irving.

  • Where are HMS offices?

    HMS has offices in Irving, Albany, Anchorage, Atlanta and in 20 other locations.

  • How many offices does HMS have?

    HMS has 26 offices.