Home / Contract Awards / HP Subsidiary Wins $72.3M Renewal for Medicare and Medical Services; Dennis Stolkey Comments

HP Subsidiary Wins $72.3M Renewal for Medicare and Medical Services; Dennis Stolkey Comments

Dennis Stolkey, HP Enterprise Services

HP Enterprise Services announced that HP‘s (NYSE: HPQ) subsidiary NHIC Corp. has won a $72.3 million contract with the U.S. Centers for Medicare & Medicaid Services.

NHIC will continue to service durable medical equipment suppliers in 11 northeastern states and the District of Columbia on the five-year contract renewal.

Company services will include claims processing, medical review, medical policy, appeals processing and customer service.

Work will support CMS’s mission to provide timely and accurate Medicare program payments for home medical equipment, prosthetic and orthotic supplies.

HP said it currently handles 35 percent of all Medicare claims in the U.S.

“As the Medicare population grows, CMS continues to modernize to manage and deliver transformative technology that will improve Medicare services for beneficiaries and healthcare providers alike,” said Dennis Stolkey, senior vice president of the U.S. public sector for HP Enterprise Services.

“HP, through its subsidiary NHIC Corp., will continue to assist CMS by increasing productivity of claims processing, improving customer satisfaction and providing more efficient administration of DME benefits to the northeast region.”

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