Description
The State of Maryland is seeking a contractor to assist the Health Services Cost Review Commission (HSCRC) in adjudicating full-rate reviews, analyzing health systems' cost structures, and assessing proposed changes to certain methodologies. The contractor will be responsible for tasks such as financial analysis and modeling, preparation of full-rate review responses, and assessment of health systems' cost structures. The contract will last for three years, and the HSCRC has budgeted $4.5 million for this contract.
• Key tasks include assisting with full-rate reviews, assessing health systems' cost structures, and financial and regulatory review.
• The contractor will be expected to have expertise in financial modeling, knowledge of the healthcare environment, and experience with hospital operations and cost accounting.
• The contractor will be required to submit a financial proposal, which will be evaluated based on a comparison of hourly rates for various categories of staff.
• The contract will be awarded based on a competitive sealed proposal method, and the award amount will be set at $4.5 million.