Program Funding and Mechanics (PFM) Protocol: Earlier this week, HHSC released the draft PFM Protocol, the State’s working document for Delivery System Reform Incentive Payment (DSRIP) requirements. The draft protocol is based on HHSC’s developing approach and is subject to change based on feedback from Texas stakeholders, HHSC leadership and CMS. CMS must approve the protocol before Texas regions can move forward with DSRIP projects. HHSC is seeking public feedback on the draft PFM Protocol by Thursday, May 31, 2012.