Exhibit 99.1
(HMS LOGO)
         
Contacts:
  Christine Rogers Saenz (investor relations)   Francesca Marraro (media relations)
 
  (212) 857-5986   (212) 857-5442
 
  csaenz@hms.com   fmarraro@hms.com
HMS HOLDINGS CORP. ANNOUNCES Q4 AND FULL YEAR 2010 RESULTS
Fourth Quarter Revenue Increases 31.4%, EPS Increases 30.3%
Full Year Revenue Increases 32.1%, EPS Increases 29.4%
NEW YORK, N.Y., February 18, 2011—HMS Holdings Corp. (NASDAQ: HMSY) today announced financial results for its fourth quarter and full year ended December 31, 2010.
Revenue for the fourth quarter of 2010 increased 31.4% to $87.2 million, compared with $66.3 million for the same period a year ago. Net income increased 32.5% to $12.4 million or $0.43 per diluted common share for the fourth quarter of 2010, compared to net income of $9.3 million or $0.33 per diluted common share during the fourth quarter of the prior year.
For the full year 2010, the Company reported revenue of $302.9 million, a 32.1% increase over 2009 revenue of $229.2 million. Also for the full year, the Company reported net income increased 33.4% to $40.1 million or $1.41 per diluted common share, versus net income of $30.0 million or $1.09 per diluted common share in the prior year. Earnings per diluted common share increased 30.3% and 29.4% for the fourth quarter and full year, respectively.
“HMS continues on a trajectory of growth, with strong quarterly and full year results,” said Bill Lucia, CEO. “We have a robust, growing core business, but we’ve also proven that we can add new products and enter new markets via product development and acquisition to further diversify our revenue and sustain our level of growth in both revenue and EPS.”
“Healthcare reform provides HMS with many opportunities to help public and private healthcare payors to control costs, even in advance of 2014 when many of the regulations become effective,” Lucia added. “The early adoption of new eligibility rules by states, the new procurements by states for Medicaid Recovery Audit Contractors, and recent activity around the development of healthcare exchanges all call out for HMS’s expertise.”
HMS will be hosting its fourth quarter and full year 2010 conference call and webcast with the investment community on Friday, February 18, 2011 at 9:00 am Eastern Time. Individuals can access the webcast at http://investor.hms.com or listen to the call at 1-888-204-4520. International participants can listen to the call at 1-913-312-1411.
The webcast will be archived on the website. Individuals can access the webcast at http://investor.hms.com or listen to the replay at 1-888-203-1112. International participants can listen to the replay at 1-719-457-0820. The passcode is 7179192. The replay will be available at 12 p.m. ET on February 18 through midnight on February 23, 2011.
The HMS Form 10-K for the year ended December 31, 2010 will be filed and available on our website at http://investor.hms.com on or about March 1, 2011 and will contain additional information about our results of operations for the fiscal year-to-date. This press release and the interim financial statements herein will be available at http://investor.hms.com for at least a 12-month period. Shareholders and interested investors are welcome to contact Investor Relations at 212-857-5986.
HMS Holdings Corp. (NASDAQ: HMSY) is the nation’s leader in coordination of benefits and program integrity services for payors of healthcare services. HMS’s clients include health and human services programs in more than 40 states; commercial programs, including commercial plans, employers, and over 120 Medicaid managed care plans; the Centers for Medicare & Medicaid Services (CMS); and Veterans Administration facilities. As a result of the Company’s services, clients recover over $1 billion annually, and save billions of dollars more in the prevention of erroneous payments.
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The following information was filed by Hms Holdings Corp (HMSY) on Friday, February 18, 2011 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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