Clinical Costing System Development Service
Overview
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SUMMARY
KEY REQUIREMENTS
TIMELINE
Issue RFP: August 10th, 2026
Deadline for Submission of Questions: August 25th, 2026
Closing Date for Proposals: September 2nd, 2026
QUESTION DEADLINE
Issuing Agency
The Queen Elizabeth Hospital Board
DESCRIPTION
The procurement seeks a vendor to develop and implement a practical clinical costing and funding intelligence capability for the Barbados healthcare system. The initiative is intended to improve cost transparency, strengthen decision-making, support future healthcare financing discussions, and establish a foundation for future funding reform.
The selected vendor will conduct a current-state assessment covering existing financial, operational, clinical, and information systems; evaluate data availability and quality; and identify gaps and opportunities. The vendor will then develop and implement a costing methodology capable of determining costs per patient encounter, admission, outpatient attendance, procedure, diagnostic investigation, and specialty.
The scope also includes establishing a cost allocation framework, conducting priority service analysis, developing dashboards and reporting, transferring relevant capabilities, and supporting funding intelligence and activity-based funding readiness. Questions must be submitted by August 25, 2026, and proposals are due by September 2, 2026.
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Frequently asked questions
- When is the submission deadline?
- Submissions are due September 2, 2026. Questions must be submitted by August 25, 2026.
- Who issued this RFP?
- It was issued by The Queen Elizabeth Hospital Board. The work is located in St. Michael, Barbados.
- Who is a good fit for this opportunity?
- Healthcare consulting firm with expertise in clinical costing and health financing
- Experience assessing clinical, operational, financial, and healthcare information systems
- Proven ability to develop cost allocation methodologies and activity-based funding models
- Strong capabilities in healthcare data analysis, dashboards, and management reporting
- Experience transferring costing and funding intelligence capabilities to client teams
Analysis generated by Settle AI from the source RFP.
RFP Hunter shows what is open. Settle shows what is forming.
Settle pieces together buyer signals, budgets, contract activity, and the sources your team already monitors. See why an opportunity fits and what to do before the RFP posts.