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Medicaid and CHIP Financial

The Medicaid and CHIP Financial (MACFin) product's mission is to modernize and streamline the current system and processes used in providing oversight and monitoring for the Medicaid and Children’s Health Insurance Program (CHIP) expenditures. While modernizing and improving the dependability of the older legacy system, we are also adding new reporting functionality, automation of current manual processes, documentation upload and depository capabilities, and a focus on improving the overall user experience. This new system will be a modern, integrated product suite to manage the Medicaid and CHIP financial reporting.

MACFin will increase accuracy, efficiency, transparency and decrease the administrative burden for state budget and expenditure reporting, CMS budget and expenditure review, and grant processes through improved features, workflows, and automation. MACFin will provide functionality to support Incurred But Not Reported Survey (IBNRS); Disproportionate Share Hospital (DSH) allotments and audit; and the Upper Payment Limit (UPL) annual reporting. At this time, the IBNRS reporting has already transitioned and integrated into MACFin. In addition, CMS continues to improve the dependability of MBES, the legacy systems for budget and expenditures reporting, which will be integrated into the new MACFin system.
The Centers for Medicaid and CHIP Services (CMCS) manages billions of federal dollars granted to states for the Medicaid and the Children's Health Insurance Program (CHIP) which are changing and will continue to change moving forward. With the implementation of the Affordable Care Act, Medicaid and CHIP enrollment has grown to over 74 million beneficiaries (23% of total US population as of 2017). MACFin is our effort to modernize the Medicaid and CHIP Financial systems while continuing to sustain support for ongoing operations.

To access the MACFin system visit https://portal.cms.gov.