HMS HOLDINGS CORP. (NASDAQ:HMSY) Files An 8-K Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of ListingItem 3.01
As previously disclosed in the Original Form 8-K, the Company received a notification letter on March 20, 2017 from the Listing Qualifications Department of NASDAQ stating that because the Company had not yet filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2016 (the “2016 Form 10-K”), the Company was no longer in compliance with NASDAQ Marketplace Rule 5250(c)(1), which requires timely filing of periodic reports with the Securities and Exchange Commission (the “SEC”). Also, as previously disclosed in the Company’s Current Report on Form 8-K filed on May 30, 2017, the Company received a similar notification letter on May 23, 2017 from NASDAQ due to its failure to timely file the Company’s Quarterly Report on Form 10-Q for the period ended March 31, 2017 (the “2017 Q1 Form 10-Q”).
On June 6, 2017, the Company filed the 2016 Form 10-K and the 2017 Q1 Form 10-Q with the SEC.
On June 7, 2017, NASDAQ notified the Company that, based on the filing of the 2016 Form 10-K and the 2017 Q1 Form 10-Q, NASDAQ had determined that the Company is in compliance with NASDAQ Marketplace Rule 5250(c)(1).
About HMS HOLDINGS CORP. (NASDAQ:HMSY)
HMS Holdings Corp. is a holding company. The Company, through its subsidiaries, operates in the United States healthcare insurance benefit cost containment marketplace. It provides coordination of benefits services to government, and private healthcare payers and sponsors. Its payment integrity services ensure that healthcare claims billed are accurate and appropriate. It offers services to state Medicaid agencies, government health agencies and health plans, including Medicaid managed care, Medicare Advantage and group and individual health lines of business; government and private employers; and other healthcare payers and sponsors, including child support agencies. It serves approximately 45 state Medicaid programs and the District of Columbia, and government health agencies, including Centers for Medicare & Medicaid Services (CMS) and the Veterans Health Administration (VHA). It also provides services to approximately 250 health plans and supports their multiple lines of business.