Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Kentucky Medicaid officials outline $2.8 million procurement estimate to reprocure MCO contracts
Summary
At a Senate appropriations subcommittee hearing in Frankfort, officials from the Department for Medicaid Services said reprocurement of managed-care contracts will require roughly $2.52.8 million in administrative and IT work and that the cost would be a separate budget request because it is not in the department's baseline.
At a meeting of the Senate Appropriations and Revenue subcommittee in Frankfort, Lisa Lee, commissioner of the Kentucky Department for Medicaid Services, told senators the department expects to request roughly $2.5 million to $2.8 million in administrative funding to reprocure the state's managed-care organization (MCO) contracts.
The money would cover development of a new request for proposals, contract provisions and additional oversight, plus IT changes to accept encounter and claims data if incumbents change. The department said that estimate would be requested as an additional administrative budget item because it is not in the current baseline.
The department's estimate traces to prior procurement spending and an assumption of growth. "Back in 20182019 when we procured last time, that's how much we spent ' 2,500,000.0 at that time," said Steve Bechtel, chief financial officer for the department. "So what we did was we gave ourselves a little bit of 10% growth and rounded up to…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
