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HomeMy WebLinkAboutSubstitute Memo-45,410s+1k., C f 1 CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO : FROM : Honorable Mayor and Members of the City Commission i / Joe Arriola Chief Administrator/City Manager DATE : SUBJECT : REFERENCES: ENCLOSURES: February 17, 2004 FILE : A resolution authorizing the City Manager to execute a Professional Services Agreement with HealthCare Data Management RECOMMENDATION It is respectfully recommended that the City Commission adopt the attached resolution, authorizing the City Manager to execute a professional services agreement, in a form acceptable to the City Attorney, with "HCDM", the top ranked firm, for the period of one year. The funding will be provided from Account Code 514401.623301.6.657. A one time fee of $20,000 will be paid upon execution of agreement. However, it will be refunded in full, as long as $20,000 dollars of savings are realized as a result of the Cigna audit. In addition, "HCDM" will receive 35% of the total recovered dollars in the form of refunds, credits, adjustments, and/or, settlements as a result of their work. These additional dollars will only be paid as long as recovered dollars are identified and recouped by "HCDM". In turn, the City would realize savings of 65% of dollars uncovered to be paid in error by Cigna and recouped by "HCDM". BACKGROUND RFLI 02-03-241 for a Health Care Provider to perform a comprehensive retrospective claims audit, hospital bill audit, DRG Validation, fraud and abuse detection, coordination of benefits, and third party liability reviews for the City of Miami's medical plan currently administered through Cigna. The successful proposer shall also determine whether Cigna is indeed administering the plan per the plan document and contract. In turn, this claims audit prepared by the successful proposer will be utilized by the successful proposer to aggressively recoup any payments made by the City in error by Cigna, if applicable. LH:DC:RF