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3.5. Financial Management Services | ASPE

https://aspe.hhs.gov/report/participant-directed-services-managed-long-term-services-and-supports-programs-five-state-comparison/35-financial-management-services

All five states require the MCOs to contract with state-approved agencies to provide FMS. The primary duties of an FMS agency include a payment function (providing payments on behalf of the participant to workers, agencies, or vendors for goods and services), a reporting function (generating expendi

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