Eliza: HMS Holdings Announces Closing of Eliza Corporation Acquisition: All Cash Transaction Expected to be Accretive to 2017 Earnings

IRVING, Texas, April 18, 2017 -- HMS Holdings Corp. (the "Company" or "HMS") ((NASDAQ:HMSY)), a leading provider of coordination of benefits, payment integrity and member health management solutions for payers, has completed the previously announced acquisition of Eliza Corporation ("Eliza"). The cash purchase price of approximately $172 million was funded with available liquidity, consisting of approximately 75% cash on hand and 25% from the Company's existing credit line. The addition of Eliza is currently expected to add approximately $35 million to 2017 Company revenue and be accretive to current year earnings. An update to other aspects of full year 2017 guidance as a result of the acquisition will be provided on the Company's 1Q'17 earnings conference call.