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Financial and Operational Critical Access Hospital (CAH) Assessment Services


Location
Nebraska
Publication Date
08/21/2019 03:01 PM EDT
Closing Date
09/17/2019 03:00 PM EDT
Issuing Organization
State of Nebraska - Department of Administration
Solicitation Number
Description

Specifications include, but are not limited to: 1. Financial Assessment At a minimum, the Financial Assessment must include a review of the following for each assessed CAH: a. Days in Net Accounts Receivable; b. Days in Gross Accounts Receivable; c. Days Cash on Hand; d. Total Margin; e. Operating Margin; f. Debt Service Coverage; g. Salaries to Net Patient Revenue; h. Medicare Inpatient Payer Mix; i. Average Age of Plan (years); and j. Long Term Debt to Capitalization. 2. Operational Assessment At a minimum, the Operational Assessment must include the following for each assessed CAH: a. Review of all staffing levels and determination of appropriateness; b. Review of all inpatient and outpatient services, including specialty clinics, and recommendations for improvements/service expansion opportunities/service reduction recommendations; c. Review of all ancillary departments and recommendations for improvements; and d. Review of all financial components for the CAH and recommendations for improvements.

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