Unisys has announced it has sold its health information management (HIM) business to Molina Healthcare, Inc. for approximately $135 million.
The Unisys HIM business provides system solutions and business process outsourcing services to state governments for administration of their Medicaid and other state health care entitlement programs. The business currently has contracts with the states of Louisiana, New Jersey, West Virginia, Idaho and Maine. It also provides drug rebate administration services for the Florida Medicaid program.
The acquisition is expected to close near the first half of 2010.