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Alaska Awards $92 Million Contract to Conduent to Enhance Medicaid Program Delivery Systems

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Conduent (NASDAQ: CNDT) has secured a $92 million contract with the Alaska Department of Health, Division of Health Care Services (HCS) to operate and modernize the state's Medicaid Management Information System (MMIS). Building on their partnership since 2007, Conduent will enhance system efficiency and healthcare access for over 260,000 Medicaid-eligible residents.

The contract includes implementing technological innovations to improve healthcare quality, including the ability to process behavioral health claims for timely and accurate provider payments. Conduent currently supports approximately 100 million U.S. residents across various government health programs, offering Medicaid Enterprise Systems technology, eligibility services, payment disbursement, and child support solutions.

Conduent (NASDAQ: CNDT) ha ottenuto un contratto di 92 milioni di dollari con il Dipartimento della Salute dell'Alaska, Divisione dei Servizi Sanitari (HCS), per gestire e modernizzare il sistema di gestione delle informazioni Medicaid (MMIS) dello stato. Sulla base della loro partnership dal 2007, Conduent migliorerà l'efficienza del sistema e l'accesso ai servizi sanitari per oltre 260.000 residenti idonei per Medicaid.

Il contratto include l'implementazione di innovazioni tecnologiche per migliorare la qualità dell'assistenza sanitaria, tra cui la capacità di elaborare richieste relative alla salute comportamentale per pagamenti ai fornitori tempestivi e accurati. Attualmente, Conduent supporta circa 100 milioni di residenti negli Stati Uniti attraverso vari programmi sanitari governativi, offrendo tecnologia per i sistemi enterprise Medicaid, servizi di idoneità, distribuzione dei pagamenti e soluzioni per il sostegno ai minori.

Conduent (NASDAQ: CNDT) ha obtenido un contrato de 92 millones de dólares con el Departamento de Salud de Alaska, División de Servicios de Salud (HCS), para operar y modernizar el Sistema de Información de Gestión de Medicaid (MMIS) del estado. Basándose en su asociación desde 2007, Conduent mejorará la eficiencia del sistema y el acceso a la atención médica para más de 260,000 residentes elegibles para Medicaid.

El contrato incluye la implementación de innovaciones tecnológicas para mejorar la calidad de la atención médica, incluida la capacidad de procesar reclamaciones de salud conductual para pagos oportunos y precisos a los proveedores. Actualmente, Conduent apoya a aproximadamente 100 millones de residentes en EE. UU. a través de varios programas de salud gubernamentales, ofreciendo tecnología de sistemas empresariales de Medicaid, servicios de elegibilidad, distribución de pagos y soluciones de manutención infantil.

컨듀언트 (NASDAQ: CNDT)는 알래스카 보건부 의료 서비스 부문(HCS)과 9,200만 달러 계약을 체결하여 주의 메디케이드 관리 정보 시스템(MMIS)을 운영 및 현대화합니다. 2007년부터 이어온 파트너십을 바탕으로, 컨듀언트는 시스템의 효율성과 260,000명 이상의 메디케이드 자격 주민들의 의료 접근성을 향상시킬 것입니다.

이 계약에는 행동 건강 청구를 처리하여 공급자에게 신속하고 정확한 지급을 가능하게 하는 등 의료 품질을 개선하는 기술 혁신을 구현하는 것이 포함됩니다. 현재 컨듀언트는 미국 내 약 1억 명의 주민을 지원하며, 다양한 정부 건강 프로그램을 통해 메디케이드 기업 시스템 기술, 자격 서비스, 지급 배포 및 아동 지원 솔루션을 제공합니다.

Conduent (NASDAQ: CNDT) a obtenu un contrat de 92 millions de dollars avec le Département de la Santé de l'Alaska, Division des Services de Santé (HCS), pour opérer et moderniser le Système d'Information de Gestion de Medicaid (MMIS) de l'État. Fort de son partenariat depuis 2007, Conduent améliorera l'efficacité du système et l'accès aux soins de santé pour plus de 260 000 résidents éligibles à Medicaid.

Le contrat comprend la mise en œuvre d'innovations technologiques pour améliorer la qualité des soins de santé, y compris la capacité de traiter les demandes de santé comportementale pour des paiements précis et rapides aux fournisseurs. Actuellement, Conduent soutient environ 100 millions de résidents américains à travers plusieurs programmes de santé gouvernementaux, offrant des technologies de Systèmes d'Entreprise Medicaid, des services d'éligibilité, des paiements et des solutions de soutien aux enfants.

Conduent (NASDAQ: CNDT) hat einen Vertrag über 92 Millionen Dollar mit dem Gesundheitsministerium von Alaska, Abteilung für Gesundheitsdienste (HCS), abgeschlossen, um das Medicaid-Managementinformationssystem (MMIS) des Staates zu betreiben und zu modernisieren. Aufbauend auf ihrer Partnerschaft seit 2007 wird Conduent die Systeme effizienter gestalten und den Zugang zur Gesundheitsversorgung für über 260.000 Medicaid-berechtigte Einwohner verbessern.

Der Vertrag umfasst die Implementierung technologischer Innovationen zur Verbesserung der Gesundheitsqualität, einschließlich der Fähigkeit, Ansprüche im Bereich der Verhaltensgesundheit rechtzeitig und genau zu bearbeiten, um Zahlungen an Anbieter zu gewährleisten. Conduent unterstützt derzeit etwa 100 Millionen US-Bürger durch verschiedene staatliche Gesundheitsprogramme und bietet Technologien für Medicaid-Unternehmen, Berechtigungsdienste, Zahlungsabrechnungen und Lösungen zur Kindesunterhalt.

Positive
  • Secured new $92 million contract with Alaska Department of Health
  • Maintains and extends existing relationship with Alaska since 2007
  • Expands service capabilities to include behavioral health claims processing
Negative
  • None.

Insights

The $92 million Alaska Medicaid contract represents a important win for Conduent, maintaining its strategic foothold in government healthcare services. The contract's scope encompasses both operational management and modernization of Alaska's Medicaid Management Information System, serving 260,000 Medicaid-eligible residents.

The deal's value extends beyond the monetary aspect - it reinforces Conduent's position in the $629 billion U.S. Medicaid market. The behavioral health claims processing capability addresses a critical gap in healthcare delivery integration, potentially reducing payment cycles and improving provider satisfaction. With a $631 million market cap, this contract represents approximately 14.6% of Conduent's current market value, making it a material revenue contributor.

Three key aspects deserve attention:

  • Contract renewal indicates strong performance history since 2007
  • System modernization component suggests higher-margin technology services
  • Integration of behavioral health claims processing expands service scope

From a fintech perspective, this contract solidifies Conduent's competitive position in government healthcare infrastructure. The MMIS modernization component is particularly noteworthy as it involves complex payment processing systems handling millions of transactions. Legacy system upgrades typically command premium pricing due to specialized expertise requirements and regulatory compliance needs.

The behavioral health claims integration represents a technical enhancement that could serve as a model for other state contracts. With many states struggling to integrate mental health services into their Medicaid systems, this capability could become a competitive differentiator for future contract bids. The company's extensive experience serving 100 million U.S. residents across various government programs provides valuable cross-state insights for system optimization.

Company to continue to partner on the state’s Medicaid Management Information System to better serve providers and residents

FLORHAM PARK, N.J.--(BUSINESS WIRE)-- Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced a $92 million contract with the Alaska Department of Health, Division of Health Care Services (HCS). Under this agreement, Conduent will operate and manage the state’s Medicaid Management Information System (MMIS) as well as modernize the system.

Conduent has been a trusted partner to HCS since 2007 when it was first selected to deliver Medicaid Enterprise Systems technology solutions to the state of Alaska. The company will continue to manage essential services to support the state’s MMIS modernization goals, streamline business processes, enhance efficiency and create better access to health services for over 260,000 Medicaid-eligible residents.

Conduent will also provide technological innovations that enhance the state’s ability to improve the quality of health care, including enabling the system to process behavioral health claims to ensure recipients receive holistic healthcare and providers are paid timely and accurately.

“We are honored to continue our partnership with the Alaska Division of Health Care Services, and we share in their commitment to improving the health and well-being of its residents,” said Anna Sever, President, Government Solutions at Conduent. “Our top priority is to implement modern technology that enables the state’s Medicaid program operations to support high-quality payments to providers and seamless access for residents.”

Conduent supports approximately 100 million U.S. residents across various government health programs, helping state and federal agencies deliver critical services while reducing costs, increasing program participation and improving compliance.

For more than 42 years, Conduent has provided a range of government solutions, including Medicaid Enterprise Systems technology and services, as well as eligibility, critical payment disbursement and child support solutions. Visit Conduent Government Solutions to learn more.

About Conduent
Conduent delivers digital business solutions and services spanning the commercial, government and transportation spectrum – creating valuable outcomes for its clients and the millions of people who count on them. The Company leverages cloud computing, artificial intelligence, machine learning, automation and advanced analytics to deliver mission-critical solutions. Through a dedicated global team of approximately 55,000 associates, process expertise and advanced technologies, Conduent’s solutions and services digitally transform its clients’ operations to enhance customer experiences, improve performance, increase efficiencies and reduce costs. Conduent adds momentum to its clients’ missions in many ways including disbursing approximately $100 billion in government payments annually, enabling 2.3 billion customer service interactions annually, empowering millions of employees through HR services every year and processing nearly 13 million tolling transactions every day. Learn more at www.conduent.com.

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Trademarks
Conduent is a trademark of Conduent Incorporated in the United States and/or other countries. Other names may be trademarks of their respective owners.

Media:

Neil Franz, Conduent, +1-240-687-0127, neil.franz@conduent.com

Investor Relations:

Giles Goodburn, Conduent, +1-203-216-3546, ir@conduent.com

Source: Conduent Incorporated

FAQ

What is the value of Conduent's (CNDT) new Alaska Medicaid contract?

Conduent (CNDT) secured a $92 million contract with the Alaska Department of Health to operate and modernize the state's Medicaid Management Information System.

How many Medicaid-eligible residents will Conduent's MMIS system serve in Alaska?

Conduent's MMIS system will serve over 260,000 Medicaid-eligible residents in Alaska.

What new features will Conduent (CNDT) add to Alaska's Medicaid system?

Conduent will add technological innovations including behavioral health claims processing capabilities to ensure timely and accurate provider payments and holistic healthcare delivery.

How long has Conduent (CNDT) been partnering with Alaska's Health Care Services?

Conduent has been partnering with Alaska's Health Care Services since 2007, when it was first selected to deliver Medicaid Enterprise Systems technology solutions.

How many U.S. residents does Conduent (CNDT) support through government health programs?

Conduent supports approximately 100 million U.S. residents across various government health programs.

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