Charter Schools Indirect Cost Rate Applications Due

Stasia ViatorIndustry News

Charter Schools Indirect Cost Rate Applications due  March 31, 2022   Charter schools must request an indirect cost rate each year, which they must do for the upcoming school year, by completing and submitting the Request for an Indirect Cost Rate for Charter Schools for 2022–2023 online survey. The deadline … Read More

Telehealth Extensions for SHARS

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SHARS telehealth services have been extended.  Texas Medicaid and Healthcare Partnership (TMHP) has released a Provider Notification regarding extension dates. Please click the link to the view this important notification. If you have any additional questions, please contact the SHARS Rate Analysts at ProviderFinanceSHARS@hhs.texas.gov.SHARS Telehealth flexibilities have been extended through April 30, 2022. … Read More

TMHP 1099 Form

Stasia ViatorMedicaid

Every January, Texas Medicaid and Healthcare Partnership (TMHP) mails Medicaid provider (hospitals, doctors, clinics, LEAs) a 1099 form for revenue generated during the previous calendar year.  Since SHARS is a reimbursement program,  districts are not required to report SHARS revenue as income.  However, your ONWARD finance team suggests the 1099 … Read More

RMTS Training Compliance

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Federal Fiscal Year 2022 (October 2021 to September 2022) In reviewing the previous FFY 2021 training compliance, several districts were non-compliant, therefore HHSC and Fairbanks want to make sure districts are informed of the RMTS training requirements. Annual training is mandatory for at least two district employees designated by the entity as … Read More

MAC Financials – Quarter Open

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HHSC has authorized Fairbanks, LLC, to open the MAC Financials for the 4th quarter of federal fiscal year 2021; July-September 2021 (Q4 JS21). The quarter will open on January 17, 2022 and will close on March 4, 2022 at 6:00 p.m. CST. The HHSC trained MAC Financial Contact for your entity may log … Read More

SHARS Telehealth Extension

Stasia ViatorMedicaid

Multiple Medicaid COVID-19 Flexibilities Extended Through January 31, 2022 TMHP has released a Provider Notification regarding extension dates for SHARS Telehealth services. SHARS Telehealth flexibilities have been extended through January 31, 2022. Texas Medicaid managed care organizations (MCOs) must provide all medically necessary, Medicaid-covered services to eligible clients. Administrative procedures such … Read More

Indirect Cost Rate Applications due January 19th

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District Finance Members: Indirect Cost Rate Applications due January 19th   The unrestricted indirect cost rate is utilized on the SHARS Cost Report as well as the MAC Report to capture reimbursement for administrative costs. In order for districts to benefit from an Indirect Cost Rate, School districts must request an indirect cost rate each year by completing and submitting the Indirect Cost Rate Proposal (ICRP) Additional … Read More

SHARS Record Submission and Retention

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SHARS providers must maintain and retain documentation and claims to fully document the services and supplies provided and delivered to a student with Texas Medicaid coverage. These documents and claims must be retained for the cessation of service plus seven years or until all audit questions, hearings, investigations, or court … Read More

SHARS 2021 FFY Cost Report Training Dates

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The first SHARS Cost Report Training session for federal fiscal year 2021 (October 2020 to September 2021) will take place on January 11, 2022. In accordance with Title 1 TAC §355.102(d), it is the responsibility of the provider to ensure that each Cost Report Preparer has completed the required state-sponsored … Read More

2021 Cost Report Request – STAIRS

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WHAT YOU NEED TO KNOW ABOUT THE SHARS 2021 COST REPORT DUE DATE Texas Administrative Code (TAC) rule §355.8443 requires ISDs that received SHARS Medicaid reimbursements for the dates of service October 1, 2020 through September 30, 2021 to complete and certify their Cost Reports for FFY2021 on or before April … Read More