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Office of FinanceLibraryUFMSUnified Financial Management System (UFMS) - An integrated, department wide financial management solution that aligns business and technology to enhance the Department's ability to fulfill its mission. During Fiscal Year 2001, HHS initiated the UFMS initiative - a critical component of the Department's efforts to modernize its financial management systems and information technology infrastructure. The UFMS is a critical element of HHS' efforts to improve financial operations and performance. The unified system will be comprised of two primary sub-components - (1) the Healthcare Integrated General Ledger and Accounting System (HIGLAS), which is a system for the Centers for Medicare & Medicaid Services (CMS) and its Medicare contractors, and (2) another system for the rest of HHS. The UFMS initiative is projected to continue through Fiscal Year 2007; however, the system is expected to be substantially- implemented by the end of Fiscal Year 2005. Last revised: August 31, 2004 |