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

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

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

2022 Cost Report Reminders and Notifications

Stasia ViatorIndustry News, Medicaid

Deadline:  The 2022 FFY is due April 1, 2023.  We are less than 30-days away from the deadline date for submissions.   Failure to submit your Cost Report by the due date can result in a hold being placed on your vendor payments until such time an acceptable cost report … Read More

What is the Certification of Funds Statement

Stasia ViatorPress Releases

COF Statement Dates Explained The SHARS handbook has new language with regards to Certification of Funds (COF).  The content included below can be found on page 39. SHARS providers are required to certify on a quarterly basis the amount reimbursed during the previous federal fiscal quarter.  TMHP Provider Enrollment mails … Read More

SHARS RMTS Training Oct 2022 – Sept 2023

Stasia ViatorIndustry News

Also Known As the 2023 Federal Fiscal Year (FFY)   RMTS annual training is mandatory for all LEAs wish to participate in the MAC and/or SHARS programs.  Training sessions are conducted by the Texas Health and Human Services Commission (HHSC). It is crucial LEAs understand that compliance with the RMTS annual … Read More

Certification of Funds Have Been Released

Stasia ViatorIndustry News

Texas Medicaid and Healthcare Partnership (TMHP) has released the October 2022 through December 2022 Certification of Funds (COF) report.   TMHP is asking LEAs to certify that Medicaid allowable state/local funds have been expended in the amount equal to or greater than the Total Computable Expenditures as shown on the COF … Read More