Search Results for: MAXIMUS

Maximus Reports 9.7% Revenue Hike in 2Q; Richard Montoni Comments

Maximus (NYSE: MMS) has announced financial results for the second quarter of its 2015 fiscal year ended March 31, 2015. The Reston, Va.-based government contractor reported a 9.74-percent increase in revenue from the prior year period to $481.79 million with a profit of $39.02 million for the quarter. Revenue in the company’s health …

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Richard Montoni: Maximus Wraps Up Acentia Purchase

Maximus (NYSE: MMS) has closed its $300 million cash purchase of Acentia to add technology products and service offerings to Maximus’ federal portfolio. “The acquired client relationships and contract vehicles serve as an additional growth platform for our U.S. federal business, ” Richard Montoni, CEO of Maximus and an inductee …

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Richard Montoni: Jobactive Contract Win Validates Maximus Commitment to Human Services Work

TYSONS CORNER, VA April 1, 2015 — Executive Mosaic — ExecutiveBiz reported Tuesday on a contract for Maximus (NYSE: MMS) subsidiary Max Solutions to manage Australia’s jobactive employment services program for five years. The award continues the government contractor’s work across Australia, which Maximus CEO Richard A. Montoni said has yielded …

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Tom Romeo Sees Acentia IT Buy’s Transformative Role for Maximus

TYSONS CORNER, VA March 12, 2015 — Executive Mosaic — Executive Biz reported Wednesday on Maximus Federal Division President Tom Romeo’s remarks regarding the transformative power of combining his company and Acentia’s capabilities. Maximus announced Monday a definitive agreement to buy the Falls Church-headquartered technology contractor for $300 million in a …

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Maximus Inks $300M Cash Deal for Acentia in Contract Vehicle Growth Push; Richard Montoni Comments

Maximus (NYSE: MMS) has agreed to purchase technology and management services contractor Acentia for $300 million in cash and expects to close the transaction in the third quarter of Maximus’ 2015 fiscal year. Maximus said Monday it plans to fund the transaction with existing cash and an amended line of credit …

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Richard Montoni: Health, Human Services Contracts Drive Maximus’ 15% Revenue Growth in Q1 2015

Maximus (NYSE: MMS) has announced financial results for the first quarter of its 2015 fiscal year, which ended Dec. 31, 2014. The Reston, Virginia-based contractor said Thursday overall Q1 revenue grew approximately 15 percent from the prior year quarter to $467 million and net income attributable to the company rose …

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MAXIMUS Reports 28% Revenue Hike for FY 2014, 24% Profit Increase; Richard Montoni Comments

MAXIMUS (NYSE: MMS) has announced financial results for the fourth quarter and full 2014 fiscal year ended Sept. 30, 2014. Revenue for the fiscal year increased 28 percent to $1.7 billion and by 13 percent for the quarter to $435.4 million, while profit grew 24.6 percent for the full fiscal …

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Richard Montoni: MAXIMUS to Add Healthcare Workers for UK Benefits Assessment Contract

MAXIMUS‘ (NYSE: MMS) U.K. subsidiary has been selected for a potential five-year contract to assess individuals in the country that apply for disability benefits. The U.K.’s department for work and pensions will use MAXIMUS’ assessment results to determine an applicant’s eligibility to various health and disability benefits, the company announced Thursday. Reuters first reported …

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Kelly Clark Joins MAXIMUS as CIO; Bruce Caswell Comments

Kelly Clark, formerly senior vice president of data operations at Optum, has joined MAXIMUS (NYSE: MMS) as chief information officer. Clark will be responsible for MAXIMUS’ global technology strategy and work to technology efforts with the objectives of the firm’s business units worldwide,  MAXIMUS said Thursday. “He will play an important role in leveraging core technologies and …

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Bruce Caswell to Lead Both Health, Human Services at MAXIMUS; Richard Montoni Comments

Bruce Caswell, president of the MAXIMUS (NYSE: MMS) health services segment, has been appointed president of the company as Richard Montoni focuses on his responsibilities as CEO and board member. As company president beginning October, Caswell will lead both the health services and human services segments,  MAXIMUS said Thursday. “I look forward to continuing …

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