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A fiscal intermediary is an organization or entity that acts as a third-party administrator for financial transactions, often within the context of government programs or social services. They manage funds, process claims, and ensure compliance with regulations on behalf of the primary organization or program. Fiscal intermediaries are commonly used in healthcare, social services, and nonprofit sectors to streamline operations and enhance financial management. Their role helps facilitate the efficient distribution of resources while reducing administrative burdens on the primary organizations.

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3w ago

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