Citation: Applied Self-Direction. (2021). The role of financial management services entities: What does the data tell us? Applied Self-Direction. https://appliedselfdirection.com/resources/financial-management-services-participant-direction-what-do-they-cost
Summary: This report analyzes the functions and performance of financial management services entities in self-directed programs. It presents data on FMS operations, costs, error rates, and participant satisfaction. The analysis examines how FMS models vary across states and their impact on program efficiency, compliance, and participant experience, providing insights for program design and quality improvement.