This RFP seeks a vendor to deliver a cost accounting and decision support solution for a healthcare system that encompasses multiple hospitals and a sizable ambulatory care physician network. The required system must offer advanced cost accounting methodologies and revenue modeling, enabling detailed insights into actual cost and margin across both hospital and physician practice settings.

Key capabilities include service line profitability analysis, support for strategic planning initiatives, managed care negotiations, and identification of cost savings opportunities. The solution must facilitate comparison of actual charges, contractual allowances, and other financial adjustments to projected revenue and cash receipts by encounter, plan, or service, enhancing revenue cycle improvement efforts. An integrated reporting tool with automation, scheduling, distribution, drill-down features, and embedded visualization is required, as well as a robust data archiving solution for historical information.

The contract for this engagement will span five years.