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Business Summary: MAXIMUS, Inc. provides business process services (BPS) to government health and human services agencies. The Company operates through three segments: U.S. Federal Services, Health Services and Human Services. The U.S. Federal Services segment provides BPS and program management for large government programs, independent health review and appeals services for both the United States Federal Government, and state-based programs and technology solutions for civilian federal programs. The Health Services segment provides a range of BPS, as well as related consulting services, for state, provincial and national government programs. The Human Services segment provides national, state and local human services agencies with a range of BPS and related consulting services for welfare-to-work, child support, higher education and K-12 special education programs.
Financial Summary: BRIEF: For the fiscal year ended 30 September 2017, MAXIMUS, Inc. revenues increased 2% to $2.45B. Net income increased 17% to $209.4M. Revenues reflect Health Services segment increase of 6% to $1.38B, Human Services segment increase of 2% to $525.2M, United States segment increase of 3% to $1.77B, Australia segment increase of 16% to $232.4M, Rest of World segment increase of 10% to $106.5M.