Description
The Commonwealth of Kentucky is seeking a vendor to provide Financial Management Services (FMS) for the Participant-Directed Service (PDS) model of five 1915(c) Medicaid waiver programs. The selected vendor will be responsible for providing FMS to approximately 15,640 individuals across Kentucky. The scope of work includes administrative coordination and compliance, financial management activities, training, support, and quality assurance, and vendor transition planning. The vendor will be required to demonstrate the capacity to serve PDS participants and future PDS participants across Kentucky, provide clearly defined and comprehensive FMS, and establish strong relationships with all parties involved.
Some key responsibilities of the vendor include:
• Processing and maintaining time records and background checks for PDS employees
• Issuing paychecks to PDS employees
• Providing information and assistance services to participants
• Assisting participants with tax forms and reports
• Creating and delivering service usage reports for participants and case managers
• Developing and maintaining a comprehensive policies and procedures manual
• Providing training and technical assistance to case managers and participants
The vendor will be expected to work closely with the Department for Medicaid Services (DMS) and other stakeholders to ensure a smooth transition and effective implementation of FMS.