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SOLICITATION ADDENDUM Date: Subject: Solicitation Number: Due Date/Time: Addendum Number:January 28, 2020, Managed Care Administration/Financial/Fee for Service RFP 2616 March 13, 2020, 12:00 PM 2To
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The managed care administration financial fee is a charge that funds the costs associated with the administration and regulation of managed care organizations, ensuring compliance with health care standards and supporting the overall healthcare system.
Managed care organizations that provide health care services to beneficiaries are required to file the managed care administration financial fee.
To fill out the managed care administration financial fee, organizations must gather their financial information, complete the prescribed forms with accurate data, and submit them along with any required documentation to the appropriate regulatory body.
The purpose of the managed care administration financial fee is to support the regulatory activities related to managed care, ensuring that organizations comply with state and federal regulations.
Organizations must report their financial data, including revenue, expenses, number of covered lives, and any other relevant information as required by the regulatory guidelines.
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