Addendum SPC 619: Financial Management Services

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Nov 10, 2013 (3 years and 5 months ago)

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Lakeland Care District Service Contract


Financial Management Service
s



Last Updated: 11/22/10


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1

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Addendum
SPC
619: Financial Management Services


Lakeland Care District (LCD) members receiving
Financial Management

services shall have an
identified outcome that necessitates th
e provision of
Financial Management Services
to support

this outcome.


The pr
ovision of contracted, authorized
,

and provided
Financial Management

services shall be
in compliance with the provision of this agreement and the service description
s

and
requirements of this section a
nd state certification criteria



Definition


Financial

management services are the provision of services to assist waiver participants and
their families to manage service dollars or manage their personal finances to prevent
institutionalization…
Also includes the provision of assistance to waiver participants

who are
unable to manage their own personal funds to assist them to manage their personal resources.
This service includes assistance to the participant to effectively budget the participant’s personal
funds to ensure sufficient resources are available fo
r housing, board and other essential costs.
This service includes paying bills authorized by the participant or their guardian, keeping an
account of disbursements and assisting the participant ensure that sufficient funds are available
for needs
(as defin
ed in Wisconsin’s s. 1915 (c) home and community
-
based waiver services waivers #0367.90 and #0368.90
required under s. 46.281(1)(c), Wis. Stats.).


Standards, Training, and Competency

Standard

LCD expects Financial Management Providers will serve members i
n a manner that reflects
financial integrity.

Training

Provider shall ensure that
employee

providing
Financial Management services to members is

adequately trained and proficient
in financial management.


Training of staff providing
Financial Management

s
hall include:

1.)

Provider agency recording and reporting requirements for documentation, critical
incident reporting, and other information and procedures necessary for the staff to
ensure the health and safety of persons receiving supports.

2.)

Training on the
needs of the target group for the individual(s) served under this
agreement.

3.)

Information and Provider procedure for adherence to the following Lakeland Care District
policies:

a.

Confidentiality

b.

Communication
Expectations

c.

Critical Incident Reporting

Competen
cy

Provider shall ensure the compete
ncy of
employees
assigned to provide Financial Management

services.


Lakeland Care District Service Contract


Financial Management Service
s



Last Updated: 11/22/10


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2

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Staff to Member Ratio

Financial Management

services to LCD members will be provided in a
1:1 ratio of provider to
member.



Collaboration and Coordina
tion of Care

Through the use of the Resource Allocation Decision method (RAD), the LCD interdisciplinary
team (IDT) staff shall assess the member’s needs and outcome
s to determine the
need for
authorization of Financial Management Services
. The IDT staff s
hall exchange pertinent
information with the provider at the time of the referral. This information exchange shall include
the member’s outcomes, assessed needs
a
s it relates to
Financial Management

services.


Documentation

The

Financial Management Serv
ices

provider is responsible for
paying the

member’s bills
on a
timely basis
and
keeping an account of disbursements
while assuring

that sufficient funds
remain available
.
The
Financial Management Services provider will assist the member

to
effectively bud
get to ensure sufficient resources are available for housing, board
, sustaining
member eligibility in applicable programs,

and other essential
expenses
.


Billable Units

Providers should reference the Rates and Service Codes chart of the contract for contra
cted
units and rates.


Financial Management Services are contracted with LCD in monthly

unit

increments.
The

monthly
service rate for provision of

Financial Management

services should incorporate all
administrative and business functions related to the p
rovision of this service

and is not billable
beyond units authorized for each member
.


Only one Provider agen
cy is billable for Financial Management Services in one month.