Conmed Healthcare Management Signs New 10-Year Agreement with Howard County, Maryland

Conmed Healthcare Management, Inc.

today announced that it has signed an agreement with Howard County, Maryland for an initial one-year term with options for nine one-year extensions, which are at the County's option effective July 1, 2012. This new contract, with an existing customer, is expected to generate over $16 million in revenues for Conmed throughout the terms of the contract, with the initial annual rate of $1.6 million plus annual price increases based on the Consumer Price Index. The contract provides a full suite of medical services including medical, dental, mental health and administrative staffing; pharmacy, laboratory and mobile X-ray services; management of hospitalization and other out-of-facility services for the inmates, plus installation of electronic medical records (EMR). The jail currently houses approximately 320 inmates.