This sole‑source bridge contract secures Mercer Health and Benefits, LLC to continue providing highly specialized actuarial, financial, policy, and programmatic consulting for New Mexico’s Medicaid program, including the Turquoise Care managed‑care initiative, through the second half of 2026. The engagement ensures continuity of rate‑setting, risk‑adjustment, financial oversight, and policy advisory services while the state prepares a competitive solicitation for a longer‑term award.
• Scope covers capitation rate development, risk‑adjustment modeling, value‑based purchasing analysis, and Medicaid policy guidance.
• Contract value is $7.5 million for a six‑month term (July 1 – Dec 31 2026) with a firm‑fixed‑price structure.
• Sole‑source justification is “Unique Expertise,” reflecting Mercer’s incumbent status and deep familiarity with New Mexico’s Medicaid data systems and the Turquoise Care program.