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Committee approves $30,000 transfer from fund balance to pay Relayhub collection fees
Summary
The committee approved a $30,000 fund balance transfer to cover Relayhub's fees for Medicare/Medicaid reimbursement collection services; district officials said the vendor's 4.5% fee is yielding larger recoveries than staff could have collected internally.
The Cherry Hill School Committee approved a $30,000 transfer from fund balance July 15 to pay Relayhub for provider‑reimbursement collection services. District staff said Relayhub collects Medicare/Medicaid‑related reimbursements on the district’s behalf and charges a 4.5% fee.
Why it matters: staff reported that for FY25 the district received substantially more in recoveries than in prior years, and the Relayhub collection arrangement generated additional reimbursements the district otherwise had not captured. Finance staff said FY24 reimbursements had required use of health‑care fund balance; for FY25 year‑to‑date the district had higher recoveries and expects the $30,000 transfer to fund Relayhub fees for these collections.
Finance staff told the committee they would report back with a ledger showing Relayhub fees paid from this allocation. Committee members asked whether national policy changes could affect reimbursements; staff said national changes could reduce returns, but planning must be based on current expectations and that the district is moving to shorter billing cycles to accelerate collections.
Outcome: Motion to transfer $30,000 from the fund balance for Relayhub fees carried unanimously; staff will track payments and report back.
