[REDi Health Analytics, LLC] Response Document Report.pdf

Mississippi Department of Health

Procurement Dorthy Young, -

570 East Woodrow Wilson Drive, Jackson, MS 39216

[REDI HEALTH ANALYTICS, LLC] RESPONSE DOCUMENT REPORT

IFB No. 3160008132

FLEX FY26: Financial and Operational Improvement for Mississippi's CAHs RESPONSE DEADLINE: July 27, 2026 at 10:30 am Report Generated: Wednesday, July 29, 2026

REDi Health Analytics, LLC Response

CONTACT INFORMATION

Company:

REDi Health Analytics, LLC

Email:

leighellen.madden@redihealth.com

Contact:

Leigh Ellen Madden

Address:

977 Davis Creek Lane Farmington, UT 84025-2105

Phone:

(601) 942-4947

Website:

www.redihealth.com

Submission Date:

Jul 27, 2026 10:04 AM (Central Time) http://www.redihealth.com/

FLEX FY26: Financial and Operational Improvement for Mississippi's CAHs

Invitation For Bid - FLEX FY26: Financial and Operational Improvement for Mississippi's CAHs

ADDENDA CONFIRMATION

Addendum #1 Confirmed Jul 13, 2026 5:00 PM by Leigh Ellen Madden

Addendum #2 Confirmed Jul 13, 2026 5:00 PM by Leigh Ellen Madden

QUESTIONNAIRE

1. Bidder Representative - Name* Leigh Ellen Madden

2. Bidder Representative - Title* Vice President of Business Enablement

3. Bidder Representative - Complete Mailing Address* 5714 Warner Drive, Brandon, MS 39042

4. Bidder Representative - Telephone Number* 6019424947

5. Bidder Representative - Email Address* leighellen.madden@redihealth.com

6. MAGIC Vendor ID Number* Enter your MAGIC Vendor Number here. This is a ten (10) digit number that begins with 310. This information must be submitted accurately.

Please see below for additional guidance:

• If you ARE registered with the MAGIC eProcurement system and do not know your MAGIC Vendor number, you may contact the MAGIC helpdesk by calling (601) 359-1343 or by emailing mash@dfa.gov for assistance. Webpage Call Center. (Do NOT create a new vendor number)

• If you are NOT registered, please visit the registration page here: MAGIC eProcurement system. If you require assistance, you may access the Call Center page for both a phone number and email as well as business hours for assistance.

Maximum response length: 10 characters

3102153427

7. Paymode* Is Offeror currently registered with PayMode?

No

8. Authorized Business in Mississippi* Is Offeror in compliance with Mississippi Code Annotated § 79-4-15.01 regarding authorization to transact business in Mississippi?

Yes

9. Release of the Bid as Public Record* Bidders shall acknowledge which of the following statements is applicable regarding release of its bid document as a public record. A bidder may be deemed non-responsive if the bidder does not acknowledge either statement, acknowledges both statements, or fails to comply with the requirements of the statement acknowledged.

Choose one:

mailto:mash@dfa.gov https://www.dfa.ms.gov/mmrs-call-center https://www.dfa.ms.gov/vendors https://www.dfa.ms.gov/mmrs-call-center

Bidder hereby certifies that the complete unredacted copy of its bid may be released as a public record by MSDH at any time without notice to bidder. Bidder explicitly waives any right to receive notice of a request to inspect, examine, copy, or reproduce its bid as provided in Mississippi Code Annotated § 25-61-9(1)(a). The bid contains no information bidder deems to be confidential commercial and financial information and/or trade secrets in accordance with Mississippi Code Annotated §§ 25-61-9, 75-26-1 through 75-26-19, and/or 79-23-1. A bidder who selects this option but submits a redacted copy of its bid may be deemed nonresponsive.

10. Confirmation of Non-Collusion* Offeror hereby certifies that the fees submitted in response to this IFB have been arrived at independently and without, for the purpose of restricting competition, any consultation, communication, or agreement with any other Offeror or competitor relating to those fees, the intention to submit a bid, or the methods or factors used to calculate the fees proposed. In submitting a bid, we certifies that the price submitted was independently arrived at without collusion.

Confirmed

11. Contingent Arrangements* Offeror hereby certifies that they _____ retained any person or agency on a percentage, commission, or other contingent arrangement to secure this contract.

have not

12. Audited Financial Statements* Please submit Independently Audited Financial Statements as part of your submittal to this IFB.

REDi_Health_2023_YE_Financials.pdf REDi_Health_2024_YE_Financials.pdf REDi_Health_2025_YE_Financials.pdf

13. Additional Information For any additional information requested or required by any of your previously provided answers or as stated within this IFB please upload the additional documentation here.

This includes but is not limited to a redacted copy (if applicable) of the Offeror's submittal in which all information deemed to be confidential commercial and financial and/or trade secrets is redacted in black.

No response submitted

14. IFB Confirmation* Offeror confirms and acknowledges that they have read this IFB in its entirety and fully understands all requirements. Submitting party further confirms that they are authorized on behalf of the vendor to submit such a bid.

Confirmed

PRICE TABLES

FLEX FY26

***For additional information, please refer back to the scope of work. ***

Line Item Description Quantity Unit of Measure

Unit Cost Total

1 Statewide Needs Assessment 2 Assessment $38,056.00 $76,112.00

2 Revenue Cycle Management Roundtable 4 Roundtable Sessions

$6,101.00 $24,404.00

3 Outmigration Assesment 6 Analysis $8,489.00 $50,934.00

4 Billing and coding trainings 4 Trainings $7,201.00 $28,804.00

5 Chargemaster reviews for CAHs (6 Hospitals) twice per year 24 Reviews $23,875.00 $573,000.00

TOTAL $753,254.00

Balance Sheet REDi Health Analytics, LLC Jul 13, 2026 Page 1 of 1

Balance Sheet REDi Health Analytics, LLC As of December 31, 2023 Cash Basis

DEC 31, 2023

Assets Current Assets

Cash and Cash Equivalents 1001 - Business Inspire Checking x5150 13,083.65

1002 - Zions Money Market Sweep #9719 290,824.58 Total Cash and Cash Equivalents 303,908.23

Total Current Assets 303,908.23

Fixed Assets 1110 - Vehicles 186,154.54

1120 - Computers 3,452.82

1150 - Accumulated Depreciation (142,600.00) Total Fixed Assets 47,007.36

Total Assets 350,915.59

Liabilities and Equity Liabilities

Current Liabilities 2050 - Business Visa (5873) - 3 35.17 Total Current Liabilities 35.17

Long Term Liabilities 2500 - Bank of America Auto Loan 46,912.08

2510 - Stellantis Financial Loan 78,875.20 Total Long Term Liabilities 125,787.28

Total Liabilities 125,822.45

Equity 3000 - Capital - Jeff Grandia 19,363.00

3010 - Capital - John Wadsworth 19,363.00

3020 - Partner Draws - Jeff Grandia (63,500.00)

3030 - Partner Draws - John Wadsworth (63,500.00)

Current Year Earnings 313,367.14 Total Equity 225,093.14

Total Liabilities and Equity 350,915.59

Income Statement (Profit and Loss) REDi Health Analytics, LLC Jul 13, 2026 Page 1 of 2

Income Statement (Profit and Loss) REDi Health Analytics, LLC For the year ended December 31, 2023 Cash Basis

Income 4000 - Professional Services 2,860,375.00

4001 - Technology Services 340,750.00

Total Income 3,201,125.00

Cost of Goods Sold 4600 - Cost of Goods Sold 374,205.90

Total Cost of Goods Sold 374,205.90

Gross Profit 2,826,919.10

Operating Expenses 5000 - Labor - Salaries 1,210,664.91

5010 - Labor - Owners' Guaranteed Payments 369,551.39

5020 - Labor - Contract Labor 114,136.86

5080 - Labor - Payroll Tax 101,531.35

5100 - Labor Benefits - 401K Contributions 30,621.02

5110 - Labor Benefits - Health and PreTax Benefits 162,729.62

5115 - Labor Benefits - HSA Contributions 2,500.20

5120 - Labor Benefits - Post Tax 14,480.75

5125 - Labor Benefits - Tech Reimbursement 6,635.54

5130 - Labor Benefits - Wellness Benefit 6,095.63

5135 - Labor - Learning & Development 16.08

5150 - Labor Benefits - Owners' Benefits 817.99

5155 - Owner Phone & Internet 4,995.58

5200 - Tech - Hardware & Supplies 29,405.44

5210 - Tech - Outsourced IT Services 16,830.00

5220 - Tech - Software 129,920.00

5310 - Marketing & BD - Business Development 46,273.22

5330 - Marketing & BD - Marketing 17,329.01

5400 - Professional Fees Accounting 39,450.00

5420 - Professional Fees Legal 63,532.00

5500 - Bank & Credit Card Fees 4,506.92

5510 - Business Gifts 2,423.43

5520 - Business Insurance 15,952.00

5521 - Insurance Key Person Life 2,999.74

5522 - Insurance Workers Compensation 1,875.00

5530 - Internal Meeting Activities 974.87

Income Statement (Profit and Loss) REDi Health Analytics, LLC Jul 13, 2026 Page 2 of 2

5531 - Internal Meeting Lodging & Meeting Space 10,679.66

5532 - Internal Meeting Meals 5,753.93

5533 - Internal Meeting Supplies 259.56

5534 - Internal Meeting Travel 9,923.07

5550 - Meals 20,474.22

5560 - Travel & Lodging 43,599.51

5570 - Other Operating Expense 210.00

5581 - Owner Auto Fuel - Jeff Grandia 270.73

5590 - Owner Auto Expense - John Wadsworth 3,301.35

5591 - Owner Auto Fuel - John Wadsworth 1,966.77

5610 - Postage & Shipping 942.46

5620 - Recruiting 29.15

5630 - Publications and Resources 38,004.26

5640 - Supplies 1,499.95

5650 - Memberships and Dues 1,594.00

5660 - Taxes & Licenses 48,362.41

5670 - Interest Expense 1,364.09

5675 - Depreciation Expense 142,600.00

Total Operating Expenses 2,727,083.67

Operating Income 99,835.43

Other Income / (Expense) 5900 - Interest Income 13,531.71

5910 - Settlement Income 200,000.00

Total Other Income / (Expense) 213,531.71

Net Income 313,367.14

Balance Sheet REDi Health Analytics, LLC Jul 13, 2026 Page 1 of 1

REDi Health Analytics, LLC As of December 31, 2024 Cash Basis

DEC 31, 2024

Assets Current Assets

Cash and Cash Equivalents 1002 - Zions Money Market Sweep #9719 278,573.55 Total Cash and Cash Equivalents 278,573.55

Total Current Assets 278,573.55

Fixed Assets 1110 - Vehicles 186,154.54

1120 - Computers 3,452.82

1150 - Accumulated Depreciation (142,600.00) Total Fixed Assets 47,007.36

Total Assets 325,580.91

Liabilities and Equity Liabilities

Current Liabilities 2050 - Business Visa (5873) - 3 15,484.94

2520 - Commercial LOC 150,785.67 Total Current Liabilities 166,270.61

Long Term Liabilities 2500 - Bank of America Auto Loan 38,330.10

2510 - Stellantis Financial Loan 69,335.29 Total Long Term Liabilities 107,665.39

Total Liabilities 273,936.00

Equity 3000 - Capital - Jeff Grandia 112,546.57

3010 - Capital - John Wadsworth 112,546.57

3020 - Partner Draws - Jeff Grandia (48,300.00)

3030 - Partner Draws - John Wadsworth (48,300.00)

Current Year Earnings (76,848.23) Total Equity 51,644.91

Total Liabilities and Equity 325,580.91

Income Statement (Profit and Loss) REDi Health Analytics, LLC Jul 13, 2026 Page 1 of 2

REDi Health Analytics, LLC For the year ended December 31, 2024 Cash Basis

Income 4000 - Professional Services 2,264,122.50

4001 - Technology Services 551,054.00

4002 - Billable Expense Income 6,584.28

Total Income 2,821,760.78

Cost of Goods Sold 4600 - Cost of Goods Sold 478,685.23

Total Cost of Goods Sold 478,685.23

Gross Profit 2,343,075.55

Operating Expenses 5000 - Labor - Salaries 1,173,820.41

5010 - Labor - Owners' Guaranteed Payments 326,250.26

5020 - Labor - Contract Labor 186,045.44

5080 - Labor - Payroll Tax 88,490.68

5090 - Labor - Payroll Processing 2,928.23

5100 - Labor Benefits - 401K Contributions 33,536.48

5101 - Labor Benefits - 401k Fees 8,975.00

5110 - Labor Benefits - Health and PreTax Benefits 130,716.30

5115 - Labor Benefits - HSA Contributions 2,994.79

5120 - Labor Benefits - Post Tax 2,576.34

5125 - Labor Benefits - Tech Reimbursement 7,866.79

5130 - Labor Benefits - Wellness Benefit 4,938.37

5135 - Labor - Learning & Development 2,985.00

5150 - Labor Benefits - Owners' Benefits 51,452.84

5151 - Labor Benefits - Owners' 401k Contributions 9,637.50

5155 - Owner Phone & Internet 386.06

5200 - Tech - Hardware & Supplies 3,401.32

5210 - Tech - Outsourced IT Services 20,520.00

5220 - Tech - Software 83,859.94

5310 - Marketing & BD - Business Development 51,932.22

5320 - Marketing & BD - Community Sponsorships & Donations 1,150.00

5330 - Marketing & BD - Marketing 18,323.73

5350 - Marketing & BD - Entertainment 1,638.80

5400 - Professional Fees Accounting 48,127.00

5410 - Professional Fees Consulting 175.00

Income Statement (Profit and Loss) REDi Health Analytics, LLC Jul 13, 2026 Page 2 of 2

5420 - Professional Fees Legal 6,163.00

5500 - Bank & Credit Card Fees 7,763.09

5510 - Business Gifts 1,823.88

5520 - Business Insurance 15,036.00

5521 - Insurance Key Person Life 13,437.22

5522 - Insurance Workers Compensation 1,874.00

5540 - Team Engagement Events 100.00

5550 - Meals 20,838.62

5560 - Travel & Lodging 34,576.46

5570 - Other Operating Expense 216.00

5580 - Owner Auto Expense - Jeff Grandia 106.22

5581 - Owner Auto Fuel - Jeff Grandia 3,165.02

5590 - Owner Auto Expense - John Wadsworth 1,629.26

5591 - Owner Auto Fuel - John Wadsworth 4,787.45

5610 - Postage & Shipping 736.64

5630 - Publications and Resources 1,770.30

5640 - Supplies 1,260.03

5650 - Memberships and Dues 779.75

5660 - Taxes & Licenses 31,132.91

5670 - Interest Expense 17,201.84

Total Operating Expenses 2,427,126.19

Operating Income (84,050.64)

Other Income / (Expense) 5900 - Interest Income 6,452.41

5920 - Other Income 750.00

Total Other Income / (Expense) 7,202.41

Net Income (76,848.23)

Balance Sheet REDi Health Analytics, LLC Jul 13, 2026 Page 1 of 2

REDi Health Analytics, LLC As of December 31, 2025 Cash Basis

DEC 31, 2025

Assets Current Assets

Cash and Cash Equivalents 1002 - Zions Money Market Sweep #9719 448,752.97 Total Cash and Cash Equivalents 448,752.97

1170 - Due from Blue Mountain Hospital 331,818.00 Total Current Assets 780,570.97

Fixed Assets 1110 - Vehicles 186,154.54

1120 - Computers 3,452.82

1140 - Trademark 20,381.00

1150 - Accumulated Depreciation (142,600.00)

1160 - Accumulated Amortization (30.57) Total Fixed Assets 67,357.79

Total Assets 847,928.76

Liabilities and Equity Liabilities

Current Liabilities 2050 - Business Visa (5873) - 3 5,191.35

2520 - Commercial LOC 250,341.55 Total Current Liabilities 255,532.90

Long Term Liabilities 2500 - Bank of America Auto Loan 28,954.25

2510 - Stellantis Financial Loan 58,308.29 Total Long Term Liabilities 87,262.54

Total Liabilities 342,795.44

Equity 3000 - Capital - Jeff Grandia 25,822.45

3010 - Capital - John Wadsworth 25,822.46

3011 - Capital - Larry Grandia 165,909.00

3012 - Capital - Brian Eliason 165,909.00

3013 - Capital - James Barnett 100,000.00

3014 - Capital - Blue Mountain Hospital 331,818.00

3020 - Partner Draws - Jeff Grandia (30,700.00)

DEC 31, 2025

Balance Sheet REDi Health Analytics, LLC Jul 13, 2026 Page 2 of 2

3030 - Partner Draws - John Wadsworth (30,950.00)

Current Year Earnings (248,497.59) Total Equity 505,133.32

Total Liabilities and Equity 847,928.76

Income Statement (Profit and Loss) REDi Health Analytics, LLC Jul 13, 2026 Page 1 of 2

REDi Health Analytics, LLC For the year ended December 31, 2025 Cash Basis

Income 4000 - Professional Services 2,007,887.50

4001 - Technology Services 569,605.00

Total Income 2,577,492.50

Cost of Goods Sold 4600 - Cost of Goods Sold 458,588.33

Total Cost of Goods Sold 458,588.33

Gross Profit 2,118,904.17

Operating Expenses 5000 - Labor - Salaries 1,005,711.97

5010 - Labor - Owners' Guaranteed Payments 333,250.00

5020 - Labor - Contract Labor 207,089.50

5080 - Labor - Payroll Tax 75,924.38

5090 - Labor - Payroll Processing 3,963.12

5100 - Labor Benefits - 401K Contributions 30,300.39

5101 - Labor Benefits - 401k Fees 9,033.99

5110 - Labor Benefits - Health and PreTax Benefits 148,882.02

5115 - Labor Benefits - HSA Contributions 3,029.22

5120 - Labor Benefits - Post Tax 2,392.99

5125 - Labor Benefits - Tech Reimbursement 6,722.98

5130 - Labor Benefits - Wellness Benefit 3,968.42

5135 - Labor - Learning & Development 624.99

5150 - Labor Benefits - Owners' Benefits 62,118.72

5151 - Labor Benefits - Owners' 401k Contributions 13,186.74

5155 - Owner Phone & Internet 8,515.71

5200 - Tech - Hardware & Supplies 11,971.21

5210 - Tech - Outsourced IT Services 22,140.00

5220 - Tech - Software 79,708.15

5310 - Marketing & BD - Business Development 72,938.23

5330 - Marketing & BD - Marketing 28,915.10

5350 - Marketing & BD - Entertainment 127.22

5390 - Referral Fees 5,000.00

5400 - Professional Fees Accounting 36,440.00

5410 - Professional Fees Consulting 3,550.00

5420 - Professional Fees Legal 22,735.50

Income Statement (Profit and Loss) REDi Health Analytics, LLC Jul 13, 2026 Page 2 of 2

5500 - Bank & Credit Card Fees 5,250.94

5510 - Business Gifts 854.78

5520 - Business Insurance 6,343.09

5521 - Insurance Key Person Life 2,999.74

5522 - Insurance Workers Compensation 1,834.00

5540 - Team Engagement Events 1,539.01

5550 - Meals 25,409.54

5560 - Travel & Lodging 50,697.74

5570 - Other Operating Expense 223.60

5580 - Owner Auto Expense - Jeff Grandia 3,194.33

5581 - Owner Auto Fuel - Jeff Grandia 4,480.55

5590 - Owner Auto Expense - John Wadsworth 1,050.81

5591 - Owner Auto Fuel - John Wadsworth 4,515.05

5610 - Postage & Shipping 362.91

5630 - Publications and Resources 33,390.66

5640 - Supplies 693.04

5650 - Memberships and Dues 824.00

5660 - Taxes & Licenses 9,139.71

5670 - Interest Expense 21,392.43

5680 - Amortization Expense 30.57

Total Operating Expenses 2,372,467.05

Operating Income (253,562.88)

Other Income / (Expense) 5900 - Interest Income 3,197.58

5920 - Other Income 1,867.71

Total Other Income / (Expense) 5,065.29

Net Income (248,497.59)