Sheltered Market- BPCSS Medicaid/Medicare Claims IFB
Federal opportunity from MIS444 - MIS • DHS - Human Services. Place of performance: IL. Response deadline: Apr 03, 2024.
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Description
Sheltered Market- BPCSS Medicaid/Medicare Claims IFB Vendor to process claims for Medicare A, B, D, and Medicaid in IDHS State Operated facilities. Sheltered Market, Bidder, and all proposed subcontractors, must be certified by CMS as a BEP vendor prior to the Bid Opening date in NIGP Code 91804, 91832, or 94610. Item # 1: ( 918 - 04 ) INITIAL TERM YEARS 1-5: This is a Sheltered Market Procurement, see Invitation for Bid for details. Vendor will be paid for Medicare Part D Revenue Maximization services based on a percentage of the total reimbursement available. For comparison purposes only, a total reimbursement of $7,086,280.00 per year will be used to capture the percentage to be retained by the bidder in payment of services rendered. Bidders shall enter $7,086,280.00 in the Unit Cost field and enter the percentage of reimbursement returned to the State in the Discount % field. If entered correctly, Total field will reflect Bidder's price. INITIAL TERM YEARS 1-5: This is a Sheltered Market Procurement, see Invitation for Bid for details. Vendor will be paid for Medicare Part D Revenue Maximization services based on a percentage of the total reimbursement available. For comparison purposes only, a total reimbursement of $7,086,280.00 per year will be used to capture the percentage to be retained by the bidder in payment of services rendered. Bidders shall enter $7,086,280.00 in the Unit Cost field and enter the percentage of reimbursement returned to the State in the Discount % field. If entered correctly, Total field will reflect Bidder's price. Item # 2: ( 918 - 32 ) INITIAL TERM YEARS 1-5: This is a Sheltered Market Procurement, see Invitation for Bid for details. Vendor will be paid for Medicare Part A, B & Medicaid Revenue Maximization services based on a percentage of the total reimbursement available. For comparison purposes only, a total reimbursement of $7,475,000.00 per year will be used to capture the percentage to be retained by the bidder in payment of services rendered. Bidders shall enter $7,475,000.00 in the Unit Cost field and enter the percentage of reimbursement returned to the State in the Discount % field. If entered correctly, Total field will reflect Bidder's price. INITIAL TERM YEARS 1-5: This is a Sheltered Market Procurement, see Invitation for Bid for details. Vendor will be paid for Medicare Part A, B & Medicaid Revenue Maximization services based on a percentage of the total reimbursement available. For comparison purposes only, a total reimbursement of $7,475,000.00 per year will be used to capture the percentage to be retained by the bidder in payment of services rendered. Bidders shall enter $7,475,000.00 in the Unit Cost field and enter the percentage of reimbursement returned to the State in the Discount % field. If entered correctly, Total field will reflect Bidder's price. Item # 5: ( 918 - 04 ) Optional 12-Month Renewal Term #1. Renewal Pricing must be at the same rate as initial term. This is a Sheltered Market Procurement, see Invitation for Bid for details. Vendor will be paid for Medicare Part D Revenue Maximization services based on a percentage of the total reimbursement available. For comparison purposes only, a total reimbursement of $7,086,280.00 per year will be used to capture the percentage to be retained by the bidder in payment of services rendered. Bidders shall enter $7,086,280.00 in the Unit Cost field and enter the percentage of reimbursement returned to the State in the Discount % field. If entered correctly, Total field will reflect Bidder's price. Optional 12-Month Renewal Term #1. Renewal Pricing must be at the same rate as initial term. This is a Sheltered Market Procurement, see Invitation for Bid for details. Vendor will be paid for Medicare Part D Revenue Maximization services based on a percentage of the total reimbursement available. For comparison purposes only, a total reimbursement of $7,086,280.00 per year will be used to capture the percentage to be retained by the bidder in payment of services rendered. Bidders shall enter $7,086,280.00 in the Unit Cost field and enter the percentage of reimbursement returned to the State in the Discount % field. If entered correctly, Total field will reflect Bidder's price. Item # 6: ( 918 - 32 ) Optional 12-Month Renewal Term #1. Renewal Pricing must be at same rate as initial term. This is a Sheltered Market Procurement, see Invitation for Bid for details. Vendor will be paid for Medicare Part A, B & Medicaid Revenue Maximization services based on a percentage of the total reimbursement available. For comparison purposes only, a total reimbursement of $7,475,000.00 per year will be used to capture the percentage to be retained by the bidder in payment of services rendered. Bidders shall enter $7,475,000.00 in the Unit Cost field and enter the percentage of reimbursement returned to the State in the Discount % field. If entered correctly, Total field will reflect Bidder's price. Optional 12-Month Renewal Term #1. Renewal Pricing must be at same rate as initial term. This is a Sheltered Market Procurement, see Invitation for Bid for details. Vendor will be paid for Medicare Part A, B & Medicaid Revenue Maximization services based on a percentage of the total reimbursement available. For comparison purposes only, a total reimbursement of $7,475,000.00 per year will be used to capture the percentage to be retained by the bidder in payment of services rendered. Bidders shall enter $7,475,000.00 in the Unit Cost field and enter the percentage of reimbursement returned to the State in the Discount % field. If entered correctly, Total field will reflect Bidder's price. Item # 7: ( 918 - 04 ) Optional 12-Month Renewal Term #2. Renewal Pricing must be at the same rate as initial term. This is a Sheltered Market Procurement, see Invitation for Bid for details. Vendor will be paid for Medicare Part D Revenue Maximization services based on a percentage of the total reimbursement available. For comparison purposes only, a total reimbursement of $7,086,280.00 per year will be used to capture the percentage to be retained by the bidder in payment of services rendered. Bidders shall enter $7,086,280.00 in the Unit Cost field and enter the percentage of reimbursement returned to the State in the Discount % field. If entered correctly, Total field will reflect Bidder's price. Optional 12-Month Renewal Term #2. Renewal Pricing must be at the same rate as initial term. This is a Sheltered Market Procurement, see Invitation for Bid for details. Vendor will be paid for Medicare Part D Revenue Maximization services based on a percentage of the total reimbursement available. For comparison purposes only, a total reimbursement of $7,086,280.00 per year will be used to capture the percentage to be retained by the bidder in payment of services rendered. Bidders shall enter $7,086,280.00 in the Unit Cost field and enter the percentage of reimbursement returned to the State in the Discount % field. If entered correctly, Total field will reflect Bidder's price.
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FAQ
How do I use the Market Snapshot?
It summarizes awarded-contract behavior for the opportunity’s NAICS and sector, including a recent pricing band (P10–P90), momentum, and composition. Use it as context, not a guarantee.
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The signal updates as new awarded notices enter the system. Always validate the official award and solicitation details on SAM.gov.
What do P10 and P90 mean?
P10 is the 10th percentile award size and P90 is the 90th percentile. Together they describe the typical spread of award values.