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(02/14/2025) New Financial Management Services Rates Effective January 1, 2025

DVU Brief:

Coming soon

 

Directive:

February 14, 2025

 

TO: REGIONAL CENTER EXECUTIVE DIRECTORS

 

SUBJECT: NEW FINANCIAL MANAGEMENT SERVICES RATES EFFECTIVE JANUARY 1, 2025

 

This letter provides updated Financial Management Services (FMS) rates for Participant-Directed Services, effective January 1, 2025. Previously, the FMS rates for Fiscal Employer Agent (FEA), Service Code 490, had separate per individual monthly rates based on receiving one, two, three, four or more Participant-Directed Services. Effective January 1, 2025, there no longer are separate rates based on the number of Participant-Directed Services received per individual. FMS rates for Sole/Co-Employer, Service Code 491 will continue to be billed per individual per month, at the new higher rate below.


The new FMS rates for Participant-Directed Services are:

  • Effective January 1, 2025, the rate for FMS, FEA – Service Code 490 – is $160 per individual per month.

  • Effective January 1, 2025, the rate for FMS, Sole/Co-Employer – Service Code 491 – is $265 per individual per month.

 

These rate increases do not apply to FMS services supporting the Self-Determination Program, which are available here. If you have any questions, please direct them to
ratesquestions@dds.ca.gov.

Sincerely,

Original Signed by:

DANA SIMON

Deputy Director

Waiver and Rates Division

 

cc: Regional Center Administrators

Regional Center Directors of Consumer Services

Regional Center Community Services Directors

Association of Regional Center Agencies

Pete Cervinka, Department of Developmental Services

Carla Castañeda, Department of Developmental Services

Michi Gates, Department of Developmental Services

Jim Knight, Department of Developmental Services