Centers for Independent Living as Financial Management Service Providers, Part 1: Basics (1 Hour)

Beginning Date: 
06/11/2014
End Date: 
06/11/2014
Registration End Date: 
06/11/2014
Type of Training: 
On-demand

About the Training

Did you know that 97% of consumer-directed programs use a third-party to handle payroll, taxes, insurance, etc.? Many Centers for Independent Living offer Financial Management Services (FMS) to their consumers and are paid for their efforts. If you’re interested in providing FMS to your consumers, this two-part training is for you. Offering FMS to your consumers helps them stay in compliance and focused on managing their services and attendant(s).

In this training, you will learn the basics of FMS, including how CILs can be an FMS provider, different funding and models to pursue, and other critical factors to consider.

Centers for Independent Living as Financial Management Service Providers, Part 2: Models and Considerations is also available for viewing.

Target Audience

CIL executive directors, program developers, and board members who have a role in expanding CIL capacity through provision of Financial Management Services.

Learning Objectives

Upon completion of this on-demand training, participants will have knowledge and resources that will enable them to:

  • Describe benefits of CILs becoming Financial Management System (FMS) providers
  • Identify preparation steps for involvement in FMS - administrative, financial, and programmatic
  • Maintain consumer-direction (participant direction, self-direction) in the provision of FMS
  • Explain the difference between Fiscal / Employer Agent model and the Agency with Choice model
  • Describe the difference between FMS and regular payroll functions
  • Identify future opportunities for private pay participants to hire their own workers and implications for CILs

PowerPoint Presentation and Other Resources:

View Training (01:08:37)