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Contract Information

 

Summary

Agency Name: DEPARTMENT OF FINANCIAL SERVICES

Agency Contract ID: RM084

Long Title: MEDVAL, LLC

Vendor Name: MEDVAL, LLC

Total Contract Amount: $422,284.66

Total Budgetary Amount: $422,284.66

Total Payment To Date: $366,441.58

Date of Execution: 05/14/2018

General Description: Medicare set aside (MSA) submission to and approval from CMS in coordination with the Division of Risk Management in-house Workers' Compensation adjuster staff.

Main Information

Agency Contract ID: RM084

FLAIR Contract ID: D1249

Short Title: MEDVAL

Long Title: MEDVAL, LLC

Contract Type: Standard Two Party Agreement by Statute

Contract Status: Closed or Expired

Date of Execution: 05/14/2018

Date of Beginning: 05/20/2018

Original End Date: 05/19/2019

New Ending Date: 01/19/2021

Agency Service Area: RM

Statutory Authority: Chapter 287, F.S.

Contract Involves State or Federal Financial Assistance: No

Recipient Type:

Provide for Administrative Cost: No

Provide for Periodic Increase: No

Procurement Information

Authorized Advanced Payment: No

Method of Procurement: Exempt, health services including examination, diagnosis, treatment, prevention, medical consultation, or administration [s. 287.057(3)(e)5., F.S.]

State Term Contract ID:

Contract’s Exemption Justification: Exempt, Health services, including examination, diagnosis, treatment, prevention, medical consultation or administration

Agency Reference Number:

Business Case Study Done: No

Legal Challenges to Procurement: No

Outsourcing / Capital Improvements

Was the Contracted Function Previously Performed by the State: No

Was the Contracted Function Considered for Insourcing back to the State: No

Did the Vendor Make Capital Improvements on State Property: No

Budget Information

Original Contract Amount: $211,142.33

Total Contract Amount: $422,284.66

Total Recurring Budgetary Amount: $422,284.66

Total Non-Recurring Budgetary Amount: $0.00

Total Budgetary Amount: $422,284.66

Total Unfunded Amount: $0.00

As of Date: 5/1/2020

Recurring Budgetary Amount Account Code Fiscal Year Effective Date FY Cost Accumulator Agency Amendment Reference
$211,142.33 43-10-2-078001-43400100-00-100777-00 07/01/2019 2019-2020 R1A1
$211,142.33 43-10-2-078001-43400100-00-100777-00 07/01/2018 2018-2019


No Non-Recurring Budgetary records found for this contract.

Contract Change

Change Type Amendment Amount Agency Amendment Reference Change Description Amendment Effective Date Amendment Execution Date New Ending Date
Renewal $211,142.33 R1A1 Renewal1/Amend 1 05/20/2019 04/16/2019 05/19/2020
Extension $0.00 E2 Extension 2 11/16/2020 11/16/2020 01/19/2021
Extension $0.00 E1 Extended 05/11/2020 05/11/2020 11/19/2020

Vendor

Name Line 1Name Line 2City State ZipMinority Vendor Designation
MEDVAL, LLC COLUMBIA MD 210450000 Non-Minority

CFDA

No CFDA Codes found for the contract.

CSFA

No CSFA Codes found for the contract.
More Deliverable Number      Commodity/Service Type Major Deliverable Method of Payment
     
Medical Claims Review and Management Renewal 1 - 2019-2020 Medicare Set Aside from DRM assigned Workers Compensation claim, or Liability ... Fixed Fee / Unit Rate
     
Medical Claims Review and Management MSAA Updates/Revisions over 6 months since original MSAA $500 each Fixed Fee / Unit Rate
     
Medical Claims Review and Management Medicare Conditional Payment Services - Initial Verification $225 each Fixed Fee / Unit Rate
     
Medical Claims Review and Management Medicare Conditional Payment Services - Hourly Negotiation Rate $100/hour Fixed Fee / Unit Rate
     
Medical Claims Review and Management Custodial Medical Accounts $750 - $1,750/year Fixed Fee / Unit Rate
     
Medical Claims Review and Management Legal/Expert Services $225/hour, with a maximum of $1,200/day Fixed Fee / Unit Rate
     
Medical Claims Review and Management Self-Administered Support Services $2,500.00 Fixed Fee / Unit Rate
     
Medical Claims Review and Management Future Medical Cost Projection $2,450 each Fixed Fee / Unit Rate
     
Medical Claims Review and Management Future Medical Cost Projection $2,450 each Fixed Fee / Unit Rate
     
Medical Claims Review and Management Self-Administered Support Services 1-Year: $700, 3-Year: $1,800, 5-Year: $2,500 Fixed Fee / Unit Rate
     
Medical Claims Review and Management Legal/Expert Services $225/hour, with a maximum of $1,200/day Fixed Fee / Unit Rate
     
Medical Claims Review and Management Custodial Medical Accounts $750 - $1,750/year Fixed Fee / Unit Rate
     
Medical Claims Review and Management Medicare Conditional Payment Services - Hourly Negotiation Rate $100/hour Fixed Fee / Unit Rate
     
Medical Claims Review and Management Medicare Conditional Payment Services - Initial Verification $225 each Fixed Fee / Unit Rate
     
Medical Claims Review and Management MSAA Updates/Revisions over 6 months since original MSAA $500 each Fixed Fee / Unit Rate
     
Medical Claims Review and Management Medicare Set Aside from DRM assigned Workers Compensation claim, or Liability claim for submission t... Fixed Fee / Unit Rate
 Displaying 1 to 16 of 16    


Payments are also referred to as expenditures (creating or incurring a legal obligation to disburse money) or disbursements (the payment of expenditures). Payments include disbursements and accounting adjustments made on a contract. Payments are always positive amounts while accounting adjustments may be positive or negative depending on the type of adjustment.

Payment Details

"Date" in the listing below indicates the date the payment voucher was recorded in the system, not the date the payment was issued.
More Fiscal Year Total Amount
     
2020-2021 $56,991.62
     
2019-2020 $167,783.30
     
2018-2019 $121,408.33
     
2017-2018 $20,258.33

If a payment or adjustment to a contract was made before July 1, 2012, the information may not be posted in this system.

Contract Documents


Click on the pdf icon or Agency Document Link to view the document
Document Type Document Reference # Executed Date Document Add Date Agency Document Link View
Original Contract Original Contract - D1249 05/14/2018 5/16/2018 2:33:56 PM
Extension E1 05/11/2020 5/12/2020 11:12:02 AM
Extension E2 11/16/2020 12/3/2020 9:20:17 AM
Renewal R1A1 04/16/2019 4/24/2019 8:24:22 AM


Audit results posted prior to June 30, 2012, appear in a summarized form. As of July 1, 2012, the audit reporting process was expanded to include additional questions and comments from the Bureau of Auditing. As audits are captured in electronic format, they will be posted to this system. If you are interested in seeing audit reports by Fiscal Year and Agency Action Plans, please click here to navigate to the Transparency Florida Contract Audit page.

  • No audits have been conducted on this contract at this time.
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