HBS — Healthcare Billing Services, Inc.
55 High Street, Carroll, Ohio 43112
Phone: 740/639.4218 • Fax: 740/639.4217
In order to include “Contracted Therapy Costs” on the MSP Cost Report, there are specific procurement requirements that must be followed. School Districts must obtain 3 contract price comparisons for all MSP related therapy contacts that exceed the lessor of $25,000, or your district’s formal procurement threshold.
The following is a summary of the procurement requirements, which can also be found in more detail on page 18, section 6, a-g, in the MSP Agreed Upon Procedures guide, which is also posted on our website.
When the total contract amount exceeds the lesser of $25,000, or your district’s threshold, please document the following:
Include the following 3 statements in all MSP related contracts:
Contracts over $100,000
HBS has developed an optional “Contract Procurement Checklist” that can be helpful in documenting these MSP Contract Procurement Requirements. You can download it here.