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Rockingham County to pursue RFP to renegotiate managed-care contracts for long-term care
Summary
County long-term care staff told commissioners many managed-care contracts are nine-plus years old and underpriced. Staff recommended an RFP to negotiate higher, market-reflective reimbursement rates and to consider project-rate consulting to get to breakeven reimbursemement levels.
County long-term care leadership raised concerns that multiple managed-care contracts for skilled patients are outdated and reimbursements no longer reflect current market rates. The director said some contracts have not been renegotiated for nine years and that daily reimbursement rates are insufficient to cover care costs.
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