Medical Bill Discounting and Cost Containment Services
Overview
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SUMMARY
KEY REQUIREMENTS
CONTRACT DURATION
TIMELINE
Issue Date: June 24th, 2026
Deadline for Enquiries: July 10th, 2026
Closing Date and Time: July 21st, 2026
ICBC to conduct evaluation of responses: July 31st, 2026
Notification to Proponents who are not short-listed: August 7th, 2026
Presentation(s) / Site Visit(s): August 14th – 19th, 2026
Evaluation of presentations / site-visit(s): August 20th, 2026
Selection of Preferred Proponent(s): August 24th, 2026
Reference checks: August 25th, 2026
Notification to selected Preferred Proponent: August 28th, 2026
Commence contract negotiations: September 1st, 2026
Contract award: October 1st, 2026
Notification to Proponents(s) who are not selected: October 5th, 2026
QUESTION DEADLINE
CONTACTS
Primary procurement contact — name, title, email, and phone
Additional decision-makers and their departments
Issuing Agency
Insurance Corporation Of British Columbia
DESCRIPTION
The agency is seeking a vendor to provide comprehensive medical bill discounting and cost containment services. Key responsibilities include the analysis and validation of agency medical invoices to ensure accuracy, completeness, and appropriateness of charges. The selected firm will conduct detailed itemized bill reviews to identify billing errors, duplicate charges, non-covered services, and opportunities for cost reductions, leveraging clinical, coding, and billing expertise to validate all billed services against medical records and standard practices.
The vendor will also negotiate reductions to billed charges directly with medical providers, using pre-existing provider agreements and networks where possible to secure legitimate and defensible discounts. Providers must confirm all negotiated and agreed-upon amounts in writing, and the vendor must maintain clear and auditable documentation of all communications and financial reductions. All services must result in net financial savings for the agency, and fee structures must be transparent and only applicable when discounts are achieved. Additional responsibilities include clinical coordination with U.S. treating facilities to obtain patient status updates and secure formal medical clearances for transport decisions, ensuring appropriateness based on patient acuity. The engagement period will be for one year.
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Frequently asked questions
- When is the submission deadline?
- This RFP closed on July 21, 2026 and is no longer accepting submissions.
- Who issued this RFP?
- It was issued by Insurance Corporation Of British Columbia. The work is located in United States; North Vancouver, British Columbia, Canada.
- Who is a good fit for this opportunity?
- Expertise in medical billing analysis and cost containment
- Established networks with hospitals and medical providers in North America
- Experience in negotiating medical bill discounts and validating charges
- Strong documentation and audit process capabilities
- Knowledge of clinical coordination and medical transport clearance protocols
Analysis generated by Settle AI from the source RFP.
RFP Hunter shows what is open. Settle shows what is forming.
Settle pieces together buyer signals, budgets, contract activity, and the sources your team already monitors. See why an opportunity fits and what to do before the RFP posts.