Updated Spending Guidance on BIP Funds
The Department of Health (DOH) posted that the Centers for Medicare and Medicaid Services (CMS) will entertain state's specific requestes to extend the timeframe for the investment of Balancing Incentive Program (BIP) funds from Sept. 30, 2015 through Sept. 30, 2017. States who are requesting an extensions of the funds have to meet certain criteria and have to detail any proposed activities/uses of funding that need to align with the goals of the program. According to DOH, New York will submit the required information by July 1, 2015.
Please see the guidance for complete details and requirements.
Contact: Cheryl Udell, firstname.lastname@example.org, 518-867-8871