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HP Helps 20 State Medicaid Programs Achieve On-Time Compliance With Key Federal Mandate

PALO ALTO, CA -- (Marketwire) -- 04/24/12 -- HP Enterprise Services today announced that HP (NYSE: HPQ) has helped 20 state Medicaid programs to successfully achieve on-time compliance with the 5010 standards for federal Health Insurance Portability and Accountability Act (HIPAA) transactions.

As a result, claims and payments for more than 1 million doctors, dentists, pharmacists, hospitals and other healthcare providers in those states have been processed without interruption.

The HIPAA mandate is a nationwide upgrade for processing Medicaid, Medicare and commercial claims, as well as other administrative transactions designed to ensure greater consistency in healthcare.

The states that have achieved on-time compliance with HP support are Alabama, Arkansas, Connecticut, Delaware, Florida, Georgia, Indiana, Kansas, Kentucky, Massachusetts, Nevada, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, Tennessee, Vermont and Wisconsin.

"The Oklahoma Health Care Authority met the compliance deadline with no delays or setbacks, ensuring 97 percent of our submitted transactions are passing compliance," said Brett May, data processing analyst and planning specialist, Oklahoma Health Care Authority. "Working with HP Enterprise Services, we've already achieved the same rate of compliance as we did under the previous version of transactions -- and we're still in the early stages."

On-time compliance protects states from potential penalties issued by the federal agency regulating Medicaid. The Centers for Medicare & Medicaid Services (CMS) has warned states that noncompliance penalties of $100 per claim could be issued, potentially resulting in millions of lost dollars per week per state.

"HIPAA 5010 enables Red Rock to upload and manage thousands of services every week," said Robert Lacy, manager of Accounts Receivable and Software Systems at Red Rock Behavioral Health Services, located in Oklahoma City. "As the 5010 deadline approached, HP set up a testing process that included the tools we needed to easily and quickly test our files for compliance."

Compliance with the HIPAA upgrade is the first deadline in the transition to International Classification of Diseases 10th Revision (ICD-10) standards to improve Medicaid billing and coding. HP is committed to ensuring that states and providers are prepared for the ICD-10 deadline, which is currently scheduled for Oct. 1, 2013.

"This is a prime example of successful teamwork between states, providers and vendors in meeting a critical deadline, while ensuring smooth, uninterrupted support for both providers and state taxpayers," said Susan Arthur, vice president, U.S. Health and Life Sciences Industry, HP Enterprise Services. "HP will continue to support all states in their efforts to comply with regulations that ensure healthcare needs are met."

HP is the nation's largest provider of Medicaid process management services in the United States, performing 2.4 billion healthcare transactions annually, including 1 billion in healthcare claims. HP's global healthcare experience spans the health plan, provider, government and life science communities.

HP's premier client event, HP Discover, takes place June 4-7 in Las Vegas.

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This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations, including execution of cost reduction programs and restructuring and integration plans; any statements concerning expected development, performance or market share relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the competitive pressures faced by HP's businesses; the development and transition of new products and services (and the enhancement of existing products and services) to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its customers, suppliers and partners; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; integration and other risks associated with business combination and investment transactions; the hiring and retention of key employees; expectations and assumptions relating to the execution and timing of cost reduction programs and restructuring and integration plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2012 and HP's other filings with the Securities and Exchange Commission, including HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2011. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2012 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.

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