8.4: Financial Management
Improve financial management Other Information:
How We Will Accomplish Our Objective - Reduce payment error rates and improve internal controls. - Assess programs’ risk of
payment errors and take action to mitigate identified risks and minimize improper payments. - We will test a Medicaid/SCHIP
payment error rate measurement methodology through the Medicaid and SCHIP payment accuracy measurement pilots, and, when feasible,
will implement the methodology nationally. - Modernize Medicare contractors’ financial systems by implementing the Healthcare
Information General Ledger Accounting System (HIGLAS). - Develop a Department-wide integrated financial management system
that supports (1) financial analysis, (2) performance measurement, and (3) operational decision-making. - Maintain the Department’s
standard of highly reliable financial reporting and deliver financial reports in accordance with the federal government’s
accelerated reporting guidelines.
Indicator(s):
|
