Last $41.62 USD
Change Today +0.11 / 0.27%
Volume 236.5K
MMS On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 3:59 PM 08/21/14 All times are local (Market data is delayed by at least 15 minutes).

maximus inc (MMS) Snapshot

Open
$41.45
Previous Close
$41.51
Day High
$41.67
Day Low
$40.94
52 Week High
10/22/13 - $50.55
52 Week Low
09/13/13 - $35.85
Market Cap
2.8B
Average Volume 10 Days
592.0K
EPS TTM
$2.09
Shares Outstanding
67.0M
EX-Date
08/13/14
P/E TM
19.9x
Dividend
$0.18
Dividend Yield
0.43%
Current Stock Chart for MAXIMUS INC (MMS)

maximus inc (MMS) Related Bloomberg News

View More Bloomberg News

maximus inc (MMS) Related Businessweek News

View More BusinessWeek News

maximus inc (MMS) Details

MAXIMUS, Inc. provides business process services to government health and human services agencies in the United States, Australia, Canada, the United Kingdom, and Saudi Arabia. The company operates in two segments, Health Services and Human Services. The Health Services segment provides various business process services for state, provincial, and federal programs, such as the Affordable Care Act, Medicaid, Children's Health Insurance Program, Medicare, and the Health Insurance British Columbia Program. This segment’s services include government health insurance program administration, health insurance program eligibility and enrollment services, health insurance exchange design and operations, consumer outreach and education, application assistance and independent enrollment counseling, payment processing and administration, independent health appeals and assessments, independent medical reviews, health plan oversight, eHealth solutions with the Medigent product suite, Medicaid Management Information System planning and oversight, and program consulting services. The Human Services segment offers a range of administrative support and case management services for federal, national, state, and county human services agencies, including welfare-to-work programs, child support case management services, consulting services for higher education institutions, K-12 special education case management solutions, program consulting services, and tax credit and employer services. MAXIMUS, Inc. was founded in 1975 and is headquartered in Reston, Virginia.

12,000 Employees
Last Reported Date: 11/19/13
Founded in 1975

maximus inc (MMS) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $700.0K
General Manager and President of Health Servi...
Total Annual Compensation: $431.0K
President of Human Services and General Manag...
Total Annual Compensation: $400.0K
Chief of Human Capital and President of Tax &...
Total Annual Compensation: $389.0K
Strategic Advisor to the Chief Executive Offi...
Total Annual Compensation: $410.0K
Compensation as of Fiscal Year 2013.

maximus inc (MMS) Key Developments

MAXIMUS Simplifies Medicaid Program Management with DecisionPoint Solution

MAXIMUS announced that it has released a new set of solutions, called DecisionPoint(TM), to help states navigate the complexities of Medicaid Expansion. The formal debut of these solutions will begin at the Medicaid Enterprise Systems (MES) Conference in Denver, Colorado. DecisionPoint combines comprehensive data with proven processes and technology to empower states to make fast, accurate Medicaid program decisions. DecisionPoint is designed to efficiently close information gaps across all subsidy categories at every stage of the Medicaid lifecycle. The DecisionPoint solutions address areas such as program integrity, provider management services, premium assistance, informal dispute resolution, and business intelligence. The catalyst for the rapid growth in Medicaid applicants and beneficiaries is the implementation of the Affordable Care Act (ACA). The Act includes changes to eligibility requirements, along with increased public awareness that has attracted beneficiaries who were previously eligible, but had not applied. This surge in activity has resulted in large amounts of inaccurate and incomplete member data pouring into legacy state Medicaid systems that were not built to handle today's increased volumes or updated requirements. To help Medicaid Directors scale to meet current demand and maintain long-term program sustainability, DecisionPoint from MAXIMUS delivers a set of solutions for various stages of the Medicaid lifecycle: - DecisionPoint for Program Integrity ensures that rapidly growing member populations are accurately placed in the correct Medicaid categories. Leveraging the best available data from multiple sources, the solution aggregates, validates and analyzes information to deliver a comprehensive view of each applicant. MAXIMUS experts apply proven processes to the data, helping state eligibility staff quickly make the right decisions at the right time. - DecisionPoint for Provider Management Services streamlines provider screening and enrollment processes to ensure states have a trusted, credentialed source of providers. It also enables states to implement a new slate of services that support managed care, but stand apart from legacy Medicaid Management Information Systems (MMIS) that are unable to accommodate the new volume of applicants and the changing requirements. MAXIMUS experts partner with states to allow for timely, informed decisions throughout the provider continuum. - DecisionPoint for Premium Assistance helps states design and implement Medicaid programs that encourage consumers to make informed choices through the use of Health Insurance Premium Programs (HIPP). By combining improved engagement during enrollment with simplified processes for premium management, DecisionPoint for Premium Assistance lessens the burdens on employers, streamlines the facilitation of payments, and leads to outcome-driven decision-making that benefits eligible citizens. - DecisionPoint for Informal Dispute Resolution helps states address an applicant's eligibility concerns as they arise, delivering independent engagement services that lead to quick resolutions. Highly trained MAXIMUS experts help citizens understand eligibility criteria early in the process, resolving issues before they escalate into costly hearings. If disputes cannot be resolved through early intervention, DecisionPoint for Informal Dispute Resolution automates the process of case formulation, enabling states to navigate the fair-hearing process quickly and efficiently. - The DecisionPoint Business Intelligence (BI) Engine is a cloud-based IT solution that provides states with the insight needed to make accurate, timely Medicaid program decisions while maximizing resources. The DecisionPoint BI Engine uses sophisticated analytics to automate data collection and analysis from multiple sources, ensuring a comprehensive view of current beneficiaries and new applicants. States can access real-time and predictive views of their entire operations through a single intuitive dashboard, enabling simplified insight into project status, performance metrics and staffing optimization.

MAXIMUS, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended June 30, 2014; Reiterates Earnings Guidance for the Fiscal Year 2014

MAXIMUS, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended June 30, 2014. For the quarter, revenue was $419,899,000 against $334,323,000 for the same period a year ago. Operating income from continuing operations was $55,258,000 against $44,387,000 for the same period a year ago. Income from continuing operations before income taxes was $55,267,000 against $45,088,000 for the same period a year ago. Income from continuing operations was $34,041,000 against $28,036,000 for the same period a year ago. Net income was $34,138,000 against $28,100,000 for the same period a year ago. Diluted earnings per share were $0.49 against $0.40 for the same period a year ago. Cash provided by operating activities was $88,690,000 against $49,635,000 for the same period a year ago. Purchases of property and equipment were $8,873,000 against $11,518,000 for the same period a year ago. Capitalized software costs were $1,860,000 against $5,412,000 for the same period a year ago. Adjusted diluted EPS from continuing operations was $0.49 against $0.41 for the same period a year ago. Free cash flow from continuing operations was $78,001,000 against $32,738,000 for the same period a year ago. For the nine months, revenue was $1,265,506,000 against $946,940,000 for the same period a year ago. Operating income from continuing operations was $173,514,000 against $129,140,000 for the same period a year ago. Income from continuing operations before income taxes was $174,427,000 against $131,584,000 for the same period a year ago. Income from continuing operations was $109,003,000 against $81,533,000 for the same period a year ago. Net income was $109,209,000 against $81,105,000 for the same period a year ago. Diluted earnings per share were $1.57 against $1.16 for the same period a year ago. Cash provided by operating activities was $165,150,000 against $88,575,000 for the same period a year ago. Purchases of property and equipment were $18,389,000 against $24,869,000 for the same period a year ago. Capitalized software costs were $9,177,000 against $13,652,000 for the same period a year ago. Free cash flow from continuing operations was $137,732,000 against $50,641,000 for the same period a year ago. The company is reiterating its fiscal year 2014 revenue and earnings guidance with a bias towards the upper end of the ranges. The company continues to expect its fiscal year 2014 revenue to range between $1.68 billion and $1.73 billion and diluted earnings per share from continuing operations to range between $2.00 and $2.10.

MAXIMUS, Inc. Appoints Bruce Caswell as President, Effective October 1, 2014

MAXIMUS, Inc. announced the appointment of Bruce Caswell as the company's President. In this role, Mr. Caswell will be responsible for the operational execution and organic growth of the company, which is comprised of the Health Services and Human Services segments. Mr. Caswell will continue to report to Chief Executive Officer Richard Montoni. His appointment is effective October 1, 2014. Mr. Caswell will continue to serve as President of the Health Services Segment. In this role, he leads the company's global health operations, which provide administrative, program management, and operational support for a variety of health programs.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
MMS:US $41.62 USD +0.11

MMS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Corporate Executive Board Co/The $65.99 USD +0.03
FTI Consulting Inc $37.22 USD +0.33
Sapient Corp $14.41 USD +0.03
Tetra Tech Inc $25.66 USD +0.03
Geo Group Inc/The $37.57 USD +0.02
View Industry Companies
 

Industry Analysis

MMS

Industry Average

Valuation MMS Industry Range
Price/Earnings 20.0x
Price/Sales 1.7x
Price/Book 4.8x
Price/Cash Flow 19.2x
TEV/Sales 1.6x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MAXIMUS INC, please visit www.maximus.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.