Hewlett Packard’s (HP) Enterprise Services announced the Florida Agency for Health Care Administration (AHCA) has signed a renewal service agreement to manage the state’s Medicaid Management Information System, the company said. The $172 million, three-year renewal extension contract will help enable the state to transition to a managed care environment and continue to prepare for pending program changes in a cost-effective manner. The agreement extends HP’s contract through June 2016.

Through its interChange Medicaid Management Information System, HP has provided fiscal agent support and business process outsourcing services to AHCA since July 2008. HP helps Florida manage Medicaid benefits for more than 3.1 million Floridians. The company processes more than 150 million claims worth more than $20 billion a year for about 114,000 Florida healthcare providers.

HP administers $95 billion in benefits a year, said the company. It also serves as the fiscal agent or principal IT provider for Medicaid in 22 states.