HMS Holdings Corp. (Nasdaq: HMSY) announced it has completed the acquisition of Accent, a payment accuracy and cost containment business. HMS purchased Accent from Intrado Corporation (f/k/a West Corporation) for approximately $155 million, subject to working capital and other customary adjustments, which HMS funded with cash on hand. Accent’s offerings include comprehensive prospective and retrospective claims accuracy solutions, which incorporate both cost avoidance and overpayment recovery services. Its capabilities and client base are highly complementary to HMS, providing immediate market expansion and growth opportunities. Accent’s broad spectrum of healthcare payer clients include large commercial health plans, Blue Cross and Blue Shield plans, provider-sponsored health plans, Medicare Advantage plans, third-party administrators and self-insured employer groups.
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