RFQ Medical Billing A.pdf

This document is a Request for Quotation (RFQ) issued by the Commonwealth of Massachusetts for medical billing services. The RFQ seeks proposals from qualified vendors to provide comprehensive medical billing and revenue cycle management services for the state's healthcare facilities. The scope of work includes claims submission, payment posting, accounts receivable management, denials management, and reporting. The contract term is for 3 years with 2 optional 1-year renewal periods.

The RFQ provides detailed requirements for the medical billing services, including specific performance metrics and service level agreements. Vendors must submit their proposals by the due date of June 30, 2023. A mandatory bidder's conference is scheduled for April 15, 2023 to review the RFQ requirements. The Commonwealth will evaluate proposals based on technical capabilities, past performance, and pricing, and intends to award the contract by August 15, 2023. The total estimated value of the contract is $25 million over the initial 3-year term.