HMS, a provider of coordination of benefits and program integrity services for payors of healthcare services, has purchased a building in Irving, Texas for $9.8m, where a majority of HMS’ employees are located.
The building, formerly owned by Berkadia Commercial Mortgage, is located at 5615 Highpoint Drive. It features 10 floors and over 225,000 square feet. HMS will sublease two floors to tenants.
Bill Lucia, CEO of HMS, said: “Irving has proven to be a great place for our employees to live and work. Our modern, state-of-the-art facility provides us with an efficient working environment, along with the space we need to meet our ambitious growth objectives.”
HMS’ clients include health and human services programs in more than 40 states; commercial programs, including commercial plans, employers, and over 100 Medicaid managed care plans; the Centers for Medicare & Medicaid Services (CMS); and Veterans Administration facilities.