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HP Wins National Governors Association's Public-Private Partnership Award

Company Recognized for Helping 13 States Administer $400 Million in Healthcare Incentives (February 27, 2012)

PALO ALTO, CA -- (Marketwire) -- 02/27/12 -- HP (NYSE: HPQ) today announced that the National Governors Association (NGA) presented HP Enterprise Services with the 6th Annual Public-Private Partnership Award at its annual meeting in Washington, D.C., on Saturday.

The award recognizes HP's collaboration with 13 states to develop the Medical Assistance Provider Incentive Repository (MAPIR) application. The application enables members of the MAPIR collaborative to coordinate and administer federally mandated incentive payments to help eligible Medicaid providers adopt electronic health record (EHR) technology.

Since the system went live last year, states using MAPIR have issued more than $400 million in incentives to hospitals, physicians, dentists, nurse practitioners and other eligible providers. Today, the MAPIR collaborative includes Arkansas, Connecticut, Delaware, Florida, Georgia, Indiana, Kansas, Massachusetts, Oregon, Pennsylvania, Rhode Island, Vermont and Wisconsin.

"The MAPIR project is an example of how technology and innovation can help states achieve real cost containment and efficiency," said Pennsylvania Gov. Tom Corbett. "As a result of HP's partnership with Pennsylvania's Department of Public Welfare, 13 states are recognizing savings, gaining shared knowledge and best practices, and working to effectively promote the use of certified EHR technology."

"States are facing increased pressure to deliver crucial services to citizens in fiscally responsible ways," said Susan Arthur, vice president, U.S. Health and Life Sciences Industry, HP Enterprise Services. "HP is deeply honored to receive this award and will continue to help our clients meet these demands with innovative solutions like MAPIR."

MAPIR originated in 2010, when the Pennsylvania Department of Public Welfare's Office of Medical Assistance Programs asked HP to develop a software application that would enable multiple states to administer the federal EHR Incentive Payment Program.

States provide input to the ongoing development of MAPIR to address federal and state-specific technical requirements. Built on a service-oriented architecture, MAPIR integrates into existing Medicaid systems, maximizing savings and improving efficiencies. Development expenses are shared equally by collaborating states, significantly reducing individual costs.

MAPIR enables participating states to confirm the eligibility of provider applicants, issue incentive payments and track provider progress in implementing and adopting certified health information technology and qualified electronic health records.

HP is the nation's largest provider of Medicaid process management services, supporting 21 states. HP performs 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.

About HP
HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world's largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure to solve customer problems. More information about HP is available at

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 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 restructuring and integration plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2011 and HP's other filings with the Securities and Exchange Commission. 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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