Vendor: Professional Dynamic Network, Inc.
Change Order Amount: $500,000
The purpose of this announcement is to modify the contract amount estimated at the beginning of the term for Professional Dynamic Network, Inc. The estimated amount for the initial 3-year period was $781,095. That amount was estimated based on historic expenditures and the anticipated impact of the ICD-10 implementation.
Actual expenditures are never 100% predictable because they vary as a function of estimated data and information that may change. Actual expenditures have increased due to an increase in demand for medical coding services due to the October 1, 2015 implementation of ICD-10.
This change order reports an increase in the estimated expenditure in the amount of $500,000, changing the estimated amount from $781,095 to $1,281,095 to represent the projected spend at contract rates through the end of the initial term.
An award was made to multiple firms in order to assure adequate service availability. The vendor shown above is designated as the primary recipient of orders. Other awardees (Secondary, Tertiary, and Quaternary) may receive orders in the event the primary vendor is unable to provide services.
Secondary - Maxim Healthcare Services, Inc., Beachwood, OH
Tertiary - IOD Incorporated, Green Bay, WI
Quaternary - Kforce Healthcare, Tampa, FL
The University award process may be delayed up to thirty days as this award goes through a state approval process.