The Department of Health and Human Services has announced
the full implementation of its “unified financial management
system,” at the Centers for Disease Control and Prevention
and the Food and Drug Administration, where it began rolling
out the new system for general ledger and payroll in October.
The system is a department-wide business and financial
management tool also designed to handle budget execution,
accounts payable, accounts receivable, purchasing, and
grants management, according to HHS.
It contracted with Bearing Point, Inc. to implement the
system which relies on an off-the-shelf Oracle product
called Federal Financials, and plans to move the entire
department to the UFMS by the end of 2007.
HHS also announced that in early May the Centers for
Medicare and Medicaid Services began processing nearly
$158 million in claim payments daily through its Healthcare
Integrated General Ledger Accounting System, planned to
absorb Medicare’s 52 different accounting systems over the
next four years.