Medicare and Medicaid Cost Report

The Idaho Department of Health and Welfare is soliciting competitive bids for Medicare and Medicaid Cost Report preparation services for three state hospitals: State Hospital South, State Hospital North, and State Hospital West. This procurement seeks a qualified contractor to comprehensively prepare detailed cost reports that accurately document Medicare and Medicaid financial information for these state healthcare facilities. The primary deliverables will include thorough, compliant cost reports that meet state and federal reporting requirements for healthcare reimbursement. Interested vendors must demonstrate extensive experience in healthcare cost reporting, strong financial analysis skills, and familiarity with Medicare and Medicaid regulatory frameworks. The solicitation was posted on September 10, 2025, with a firm proposal submission deadline of October 15, 2025, providing potential bidders approximately five weeks to prepare and submit their comprehensive responses. Evaluation criteria are likely to include vendor qualifications, technical expertise, cost-effectiveness, and proven track record in healthcare financial reporting.

While specific set-aside designations are not explicitly detailed in the provided information, state procurement typically offers opportunities for small businesses, minority-owned enterprises, and local vendors. The contract appears focused on professional services with a potential emphasis on vendors with specialized healthcare financial reporting capabilities. No incumbent vendor information is currently available in the provided documentation. The scope suggests a potentially significant contract value, likely ranging from $50,000 to $250,000 depending on the complexity of cost reports and the specific requirements of State Hospital South, State Hospital North, and State Hospital West. Prospective bidders should be prepared to demonstrate comprehensive understanding of healthcare cost reporting methodologies, Medicare and Medicaid regulatory compliance, and extensive experience in preparing detailed financial documentation for state healthcare institutions.