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Tags Posts tagged with "Financial Management Services"

Financial Management Services

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Effective September 1, 2025, there is a rate change in the OBRA Waiver and Act 150 Program for the monthly Financial Management Services (FMS) procedure code W7341. The new FMS monthly ongoing rate is $101.43, starting with the September 1, 2025, date of service.

Home and Community Services Information System (HCSIS) service plans are being updated to reflect the September 1 effective date. Service Coordinators do not need to make any service plan updates for this rate change, as an HCSIS system-wide update is being deployed to make the necessary service data rate updates on the impacted service plans.

If you have any questions, please contact the Office of Long-Term Living Provider Inquiry Line at 800-932-0939, Option 2, Monday through Friday from 9:00 am – 12:00 pm or 1:00 pm – 4:00 pm.

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The Office of Developmental Programs (ODP) has shared ODPANN 24-088. This is a reminder to stakeholders of their roles and responsibilities in the Participant Directed Services (PDS) model of service delivery using the Vendor Fiscal/Employer Agent (VF/EA) Financial Management Services (FMS) option. Please view the announcement for information and details.

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A Financial Management Services (FMS) stakeholder meeting has been scheduled for March 4, 2022, from 1:00 pm–2:30 pm. This public meeting will include a discussion on the upcoming changes for the administration of FMS under the Community HealthChoices (CHC), OBRA Waiver, and Act 150 Programs. Representatives from both the CHC Managed Care Organizations (MCOs) and the Office of Long-Term Living (OLTL) will be in attendance to discuss the upcoming changes.

Registration is required to participate. Once registered, participants will receive a confirmation email containing information about joining the webinar.

If you choose to use your phone to call in, please use the numbers below:
Dial in: (562) 247-8321
Access Code: 625418280#
Audio PIN: shown after joining the webinar

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A Financial Management Services (FMS) Stakeholder meeting has been scheduled for February 18, 2022, from 1:00 pm–2:30 pm. This public meeting will be held to discuss upcoming changes for the administration of FMS under the Community HealthChoices (CHC), OBRA Waiver, and Act 150 programs. Representatives from the Office of Long-Term Living (OLTL) and CHC Managed Care Organizations (MCOs) will be in attendance to discuss these changes.

Those interested in participating should register prior to the meeting. After registering, a confirmation email will be sent containing information about joining the webinar.

If you choose to use your phone to call in, please use the numbers below:

Dial in: 1 (415) 930-5321
Access Code: 159291259#
Audio PIN: shown after joining the webinar

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