MAC Financial NOW OPEN Quarter Notice JS23

Heidi BickhamIndustry News, Medicaid, Press Releases

MAC opens TODAY: November 20, 2023 The Texas Health and Human Services Commission (HHSC) has authorized Fairbanks, LLC, to open the MAC Financials for the 4th quarter of federal fiscal year 2023; July-September 2023 (Q4 JS23). The quarter will open on November 20, 2023 and will close on January 5, 2024 at 6:00 p.m. … Read More

TEA SHARS Reimbursement Survey. DUE DATE 11/3/2023

Heidi BickhamIndustry News, Medicaid

SHARS REIMBURSEMENT Survey Breakdown DUE DATE: 11/3/2023 Many school districts have begun receiving the notification to complete the annual SHARS Reimbursement Survey. This one-question survey is required for ALL districts that received IDEA-B grant funding in the 2022-2023 school year. The survey must be completed by a district employee. All … Read More

LoFT Deadline Alert: DUE DATE 10/31/2023

Heidi BickhamIndustry News, Medicaid

LoFT Deadline Alert – DUE DATE 10/31/2023 Local Funds Tracking System Texas Health and Human Services Website: https://shorturl.at/mnCV1 FAQ:**NEW**: https://shorturl.at/goLOP Questions: PFD_LFM@hhs.texas.gov Live Support Chat every Thursday: Live support meetings will be held every Thursday during reporting (19 and 26) at 11 a.m. (CST) Call in to join: (512) 580-4366 … Read More

2023 FFY Final MAC Training Opportunity

Stasia ViatorIndustry News

The FFY2023 MAC report has already begun. Districts participating in MAC must have a district employee listed as the Primary MAC Contact.  All Primary MAC contacts must be trained annually or the district will forfeit MAC participation in the entire FFY2023.  This will be strictly enforced for FFY2023. The last FFY2023 MAC … Read More

Indirect Cost Rate Notification

Stasia ViatorIndustry News, Medicaid

Annually, ISDs must request an indirect cost rate by completing and submitting the ICRP Additional Costs Workbook (ACW). The deadline for submitting the workbook, and thus requesting indirect cost rates, was January 19, 2023. TEA issues two indirect cost rates to local educational agencies (LEAs), a restricted rate and an unrestricted … Read More

SHARS 2022 FFY COST REPORT: Indirect Cost Rate Correction

Stasia ViatorIndustry News

This announcement is for all LEAs that are currently completing the 2022 FFY SHARS Cost Report (Oct 1, 2021 – Sept 30, 2022) Fairbanks sent notification on Tuesday, March 28, 2023 in which confirmed the Indirect Cost Rates (IDCR) is now updated in the STAIRS system. All current certifications have … Read More

MAC Quarter OD 2022 Opening Soon

Stasia ViatorIndustry News

 Health and Human Services Commission (HHSC) has authorized Fairbanks, LLC, to open the MAC Financials for the 1st quarter of federal fiscal year 2023; October-December 2022 (Q1 OD22). The quarter will open on March 13, 2023 and will close on April 28, 2023 at 6:00 p.m. CST. The HHSC trained MAC Financial Contacts … Read More

Senate Education Hearing – SHARS on the Agenda

Stasia ViatorIndustry News

In addition to the House committee hearings this week, there is also a Senate Education hearing scheduled for this upcoming Wednesday. The information can be found below: Wednesday, March 15th Committee: Senate Education Time: 9:00 AM Links: Notice Livestream The bills being heard are: SB 113, Menéndez | et al. Relating … Read More

SHARS Medicaid FMAP Reminder

Stasia ViatorIndustry News, Medicaid

The FMAP (Federal Medical Assistance Percentage) is the federal portion of the SHARS rates submitted on Medicaid claims for LEAs participating in SHARS.  The FMAP dictates how large the potential pool of reimbursement the district can receive under the SHARS program. Reductions in FMAP equate to a reduction in both … Read More