The vendor is required to provide s for a financial services firm to examine performance benchmarking and strategic support for oversight of the newly established fund.
• Financial accounting analysis, performance evaluation and compliance support, audit preparation, projection and contingency planning related to proposed cuts to third party payors such as Medicaid, benchmarking and comparison to other safety net hospitals with similar funding structures. 
• proposers are encouraged to illustrate experience with safety net hospitals, healthcare finance, or component unit or political subdivision configurations.
• Financial analysis to understand the breakdown between the 2q fund, grants, authority operating agreement, direct patient payments, other city contracts, etc. vendors will be asked to support the strengthening of city and county of systems to track and monitor the various funding streams with an emphasis on the monitoring and metrics associated with the 2q fund. 
• Strategic creation of systems and processes to manage annual tax reconciliation and true up process to minimize disruption and promote predictability. 
• Analysis of potential cuts to third party payors such as Medicaid and their impact on authority financial position and operating budget. 
• Support with monitoring authority compliance using the funds for the approved purposes:
o Use all funds provided to it from the fund solely for the purpose of funding and supporting provision of: emergency and trauma care; primary medical care; mental health care; drug and alcohol use recovery; and pediatric care services. 
o Carry out the provision of such services in a manner which complies with all applicable laws, regulations and requirements, including, without limitation, state law and city law.
• Support with monitoring compliance with the proposed annual spending plan and potential adjustments in the following term. 
• Support mid-year and end of year reporting. 
• The vendor will support with recommendations of meaningful and mutually agreeable metrics to be considered for inclusion in future years of fund reporting. 
• Preparation services for potential audits from the city auditor’s office including testing of systems and analysis of best practices. 
• Benchmarking and analysis of comparison to other safety net hospitals with similar funding structures, including funding amount, governance structure and authority, performance metrics, spending categories, etc.
- Contract Period/Term: 2 years
- Questions/Inquires Deadline: June 16, 2025