Title
Authorize the Purchasing Manager for Natividad Medical Center (NMC) to execute Amendment No. Two to the Agreement (SC1882) with Toyon Associates Inc. for Medicare Cost Report Preparation Services at NMC, extending the Agreement to June 30, 2013 and adding $40,000 for a revised total Agreement amount not to exceed $110,000 in the aggregate.
Body
RECOMMENDATION:
It is recommended the Board of Supervisors authorize the Purchasing Manager for Natividad Medical Center (NMC) to execute Amendment No. Two to the Agreement (SC1882) with Toyon Associates Inc. for Medicare Cost Report Preparation Services at NMC, extending the Agreement to June 30, 2013 and adding $40,000 for a revised total Agreement amount not to exceed $110,000 in the aggregate.
SUMMARY/DISCUSSION
1. Background
The Medicare and Medicaid Programs require the preparation and submission of an annual cost report five months after the end of each fiscal year. The complexity of the annual cost report has increased greatly over the years even though the actual amount of reimbursement affected by the cost report has decreased. Proper compilation of cost reports is important for future reimbursement increases and to maintain compliance with Medicare reporting rules. Toyon Associates has prepared hundreds of cost report for all types and sizes of facilities and is well qualified to assist Natividad Medical Center with the preparation of its annual cost report.
2. Scope of Service
Toyon will perform the following services for Natividad Medical Center:
Prepare NMC’s Medicare cost report using Centers of Medical & Medicare Services (CMS) approved software. The preparation of the cost reports will be for filing purposes and will include preparation of all related supplemental forms and questionnaires as required by the Medicare program. The filed cost report will comply with all applicable Medicare regulatio...
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