Revenue Cycle Assessment and Optimization

Agency: University Medical Center of El Paso
State: Texas
Type of Government: State & Local
NAICS Category:
  • 541611 - Administrative Management and General Management Consulting Services
Posted Date: Feb 10, 2025
Due Date: Feb 19, 2025
Solicitation No: 950-01-25-004
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Description

Project: Revenue Cycle Assessment and Optimization
Ref. #: 950-01-25-004
Type: RFSQ
Status:
Open
Open Date: Jan 28th 2025, 8:00 AM MST
Intent to Bid Due Date: Feb 19th 2025, 2:00 PM MST
Questions Due Date: Feb 5th 2025, 2:00 PM MST
Contact Information: Liliana Guerrero, bidsquestions@umcelpaso.org
Close Date: Feb 19th 2025, 2:00 PM MST

Project Description: The El Paso County Hospital District d/b/a University Medical Center of El Paso (UMC El Paso), a leading healthcare provider in El Paso Texas, is seeking proposals from qualified consulting firms to assist with a strategic revenue cycle assessment. The purpose of this Request for Qualifications (RFQ) is to select a consulting firm with expertise in healthcare revenue cycle, centralization of hospital and professional services, patient access, coding, billing, revenue integrity, accounts receivable, and denials management. The selected firm will work closely with UMC to develop a comprehensive strategic plan for revenue cycle services to include consideration of a centralized revenue cycle structure. UMC of El Paso expects the future engagement to be split into two phases: 1. Phase 1: Assessment of revenue cycle operations and performance improvement recommendations 2. Phase 2: Implementation of revenue cycle assessment recommendations as mutually agreed upon


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