MAXIMUS


Associated tags: Health, Maximus, Government, Professional Services, Consulting, Software, Public Policy, MMS, Data Management, NYSE

Locations: MARYLAND, SWEDEN, AUSTRALIA, VA, WISCONSIN, DISTRICT OF COLUMBIA, ONTARIO, HAWAII, IR, CASWELL, DOL, IRAQ, AFGHANISTAN, SOUTH DAKOTA, IOWA, UNITED STATES, NORTH AMERICA, VIRGINIA, WASHINGTON, FLORIDA

Maximus Reports Fiscal Year 2024 Second Quarter Results

Retrieved on: 
Wednesday, May 8, 2024

Highlights for the second quarter of fiscal year 2024 include:

Key Points: 
  • Highlights for the second quarter of fiscal year 2024 include:
    Revenue increased 11.7% to $1.35 billion, compared to $1.21 billion for the prior year period.
  • Revenue for the second quarter of fiscal year 2024 increased 11.7% to $1.35 billion, compared to $1.21 billion for the prior year period.
  • For the second quarter of fiscal year 2024, operating margin was 9.5% and the adjusted operating margin was 11.1%.
  • Maximus is raising fiscal year 2024 guidance following second quarter results and an improved outlook for the remainder of the fiscal year.

Maximus Schedules Fiscal 2024 Second Quarter Conference Call

Retrieved on: 
Thursday, April 11, 2024

Maximus (NYSE: MMS), a leading provider of government services worldwide, will issue a press release with its financial results for the three and six months ended March 31, 2024, after market close on Wednesday, May 8, and will host a conference call the following day at 9:00 a.m.

Key Points: 
  • Maximus (NYSE: MMS), a leading provider of government services worldwide, will issue a press release with its financial results for the three and six months ended March 31, 2024, after market close on Wednesday, May 8, and will host a conference call the following day at 9:00 a.m.
  • ET on Thursday, May 9.
  • Shareholders are invited to submit questions for management’s consideration by emailing [email protected] up to one hour prior to the call.
  • The call is open to the public and available by webcast or by phone at:
    For those unable to listen to the live call, a recording of the webcast will be available on investor.maximus.com .

Maximus Launches Total Experience Management (TXM) Solution to Transform the Customer Experience of Federal Agencies

Retrieved on: 
Wednesday, April 10, 2024

Maximus , a leading employer and provider of government services worldwide, today announced the launch of Maximus Total Experience Management (TXM), an integrated solution designed to help federal agencies deliver trusted information and government services simply, consistently, and securely.

Key Points: 
  • Maximus , a leading employer and provider of government services worldwide, today announced the launch of Maximus Total Experience Management (TXM), an integrated solution designed to help federal agencies deliver trusted information and government services simply, consistently, and securely.
  • Maximus TXM provides federal agencies with cutting-edge tools that will improve the customer experience in one comprehensive solution with FedRAMP-authorized technologies.
  • Maximus TXM is designed with cloud-based modular, flexible, and scalable technology to create an unmatched digital contact center solution for federal agency leaders.
  • Maximus TXM can be right-sized to meet long-term and short-term needs through an architecture that works with multiple software solutions.”
    To learn more about the Maximus Total Experience Management Solution, visit maximus.com/txm-solution .

Maximus Declares Quarterly Cash Dividend of $0.30 per Share

Retrieved on: 
Friday, April 5, 2024

Maximus (NYSE: MMS), a leading provider of government services worldwide, announced today that its Board of Directors has approved a quarterly cash dividend of $0.30 per share, payable on May 31, 2024, to shareholders of record on May 15, 2024.

Key Points: 

Maximus (NYSE: MMS), a leading provider of government services worldwide, announced today that its Board of Directors has approved a quarterly cash dividend of $0.30 per share, payable on May 31, 2024, to shareholders of record on May 15, 2024.

Maximus Selected by Florida’s Department of Financial Services to Assist Residents with Outstanding Claims with Insolvent Insurance Companies

Retrieved on: 
Wednesday, April 3, 2024

Maximus , a leading employer and provider of government services worldwide, today announced the Florida Department of Financial Services (DFS) has selected the company to support residents who have outstanding claims with an insurance company that is no longer operating in the state.

Key Points: 
  • Maximus , a leading employer and provider of government services worldwide, today announced the Florida Department of Financial Services (DFS) has selected the company to support residents who have outstanding claims with an insurance company that is no longer operating in the state.
  • DFS is the appointed receivership for insurance companies that go insolvent or choose to no longer offer coverage in Florida.
  • Our agents will receive information about your new or existing claim and help start the process,” explained Ken Fisher, Senior Managing Director, Maximus.
  • “Maximus has partnered with the state to help manage policy holder requests and we appreciate the trust in Maximus to provide this assistance.

Maximus Canada and Tidal Cloud announce strategic partnership to deliver cloud migration solutions for Public Sector

Retrieved on: 
Wednesday, March 6, 2024

Maximus , a leading provider of government services worldwide, has partnered with Tidal Cloud, a trusted cloud software as a service (SAAS) migration vendor.

Key Points: 
  • Maximus , a leading provider of government services worldwide, has partnered with Tidal Cloud, a trusted cloud software as a service (SAAS) migration vendor.
  • With the growing demand for program modernization across the public sector, this partnership builds on the best capabilities of both parties.
  • Tidal Cloud specializes in cloud migration services and will allow for efficient service delivery and better results for government agencies that are going through program modernization.
  • "This partnership with Tidal Cloud is an important part of our mission to support the future of government programs,” says Rehan Qureshi, the National Vice President, Maximus Canada, Technology Consulting Services.

Maximus Selected to Perform Assessments for Iowa Department of Health and Human Services

Retrieved on: 
Thursday, February 29, 2024

Maximus , a leading employer and provider of government services worldwide, today announced it has been awarded a contract from the state of Iowa’s Department of Health and Human Services (DHHS) to continue conducting assessments for individuals with disabilities ahead of nursing facility placement.

Key Points: 
  • Maximus , a leading employer and provider of government services worldwide, today announced it has been awarded a contract from the state of Iowa’s Department of Health and Human Services (DHHS) to continue conducting assessments for individuals with disabilities ahead of nursing facility placement.
  • Maximus contracts with Iowa-based clinicians, such as therapists and psychologists, to complete the assessments.
  • “For over a decade, we have been committed to helping Iowa improve and advance their PASRR program,” said Christa Ballew, Senior Managing Director for Clinical Services, Maximus.
  • The mental health of every Iowa resident is vitally important to us, and we’re grateful to have a partner like Maximus who can deliver these assessments with the care and skill needed.”
    To learn more about the Maximus work in Iowa, visit maximusclinicalservices.com/svcs/iowa .

Maximus Awarded Modernization Contract by Wisconsin’s Department of Children and Families

Retrieved on: 
Wednesday, February 21, 2024

The contract is part of a major initiative for the state to replace a legacy system using state-of-the-art modern technology and transform child support service delivery.

Key Points: 
  • The contract is part of a major initiative for the state to replace a legacy system using state-of-the-art modern technology and transform child support service delivery.
  • In late 2020, Maximus started working with the state of Wisconsin on the planning, business process reengineering, and strategy design for this modernization project.
  • The new system will also provide additional self-service options for families and employers who engage with the state’s child support program.
  • “For us, this modernization effort represents the opportunity to make a positive impact for those who interact with our child support program.

Maximus Awarded Mental Health Assessments Contract From South Dakota’s Department of Social Services (DSS)

Retrieved on: 
Monday, February 12, 2024

Maximus , a leading employer and provider of government services worldwide, today announced it has been selected by the state of South Dakota’s Department of Social Services (DSS) to administer mental health assessments of individuals prior to placement in Medicaid-certified nursing facilities.

Key Points: 
  • Maximus , a leading employer and provider of government services worldwide, today announced it has been selected by the state of South Dakota’s Department of Social Services (DSS) to administer mental health assessments of individuals prior to placement in Medicaid-certified nursing facilities.
  • The contract with Maximus marks a shift for the state, which had not previously worked with an outside vendor, to help advance the process for residents and bolster the overall program.
  • The assessment process, known as Preadmission Screening and Resident Review (PASRR), is conducted to ensure individuals receive the recommended services for their identified areas of need.
  • To learn more about the Maximus PASRR work in South Dakota, visit maximusclinicalservices.com/svcs/south_dakota .

Maximus Reports Fiscal Year 2024 First Quarter Results

Retrieved on: 
Wednesday, February 7, 2024

Highlights for the first quarter of fiscal year 2024 include:

Key Points: 
  • Highlights for the first quarter of fiscal year 2024 include:
    Revenue increased 6.2% to $1.33 billion, compared to $1.25 billion for the prior year period.
  • Revenue for the first quarter of fiscal year 2024 increased 6.2% to $1.33 billion, compared to $1.25 billion for the prior year period.
  • For the first quarter of fiscal year 2024, operating margin was 8.1% and the adjusted operating margin was 9.9%.
  • Maximus is raising fiscal year 2024 earnings and free cash flow guidance following first quarter results and improved margin outlook for the rest of the fiscal year.