University of Illinois at Chicago
Announcement of an Exempt Purchase
Prescient Practice Management, IncorporatedOakbrook Terrace, IL
- Amount: An estimated $480,000
- Terms: An estimated start date of 7/1/2022 through 6/30/2029
- Renewals: None
0 BEP vendors
0 VBP vendors
0 Small businesses
The University award process may be delayed up to thirty days as this award goes through a state approval process.
First published Friday, July 1, 2022
The University awarded a contract for third party billing services.
Provide third party billing services for the Healthspan Faculty Practice
This purchase is exempt from the usual selection processes of the Procurement Code because the procurement expenditure is for events or activities paid for exclusively by revenues generated by the event or activity, gifts, or donations for the event or activity, private grants, or any combination thereof. (30 ILCS 500 / 1-13(b)(2)) It is imperative that the department continue to use PPM to conduct the billing for the Healthspan Faculty Practice and have outstanding revenue that we need collected.
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The State of Illinois has a policy to encourage prospective vendors to hire
qualified veterans, minorities, females, persons with disabilities and ex-offenders.