FAC Explorer

Audit 43851

FY End
2022-12-31
Total Expended
$2.26M
Findings
4
Programs
1
Organization: University Orthopaedic Services, Inc. (NY)
Year: 2022 Accepted: 2023-08-22
Auditor: Chiampou Travis Besaw & Kershner LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
42246 2022-001 - - L
42247 2022-001 - - L
618688 2022-001 - - L
618689 2022-001 - - L

Programs

ALN Program Spent Major Findings
93.498 Provider Relief Fund $584,904 Yes 1

Contacts

Name Title Type
NGHVG3EHMRR4 Mike Rogers Auditee
7162043200 Robert J Travis Auditor
No contacts on file

Notes to SEFA

Accounting Policies: Expenditures reported on the Schedule are reported on the "GAAP" basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: Y Rate Explanation: University Orthopaedic Services, Inc. has defaulted to the de minimis indirect cost rate of 10% under the Uniform Guidance. No such indirect costs were submitted under federal expenditures for the HHS Provider Relief Fund periods of availability which ended in the year ended December 31, 2022.

Finding Details

Finding 2022-001
University Orthopaedic Services, Inc. reported $2,256,044 as a component of grant revenue related to the Provider Relief Funds ("PRF") in the financial statements for the year ended December 31, 2021. However, we noted the Practice Plan reported $682,924 of the total PRF amount was utilized for rent expenses in the first quarter of 2022 on the PRF report that was submitted to the HRSA PRF reporting portal. As a result, the Practice Plan's reporting is inconsistent with the revenue recognized. Management of University Orthopaedic Services, Inc. has acknowledged the PRF report submitted to the HRSA PRF reporting portal was incorrect, and the expenses were utilized in full in the year ended December 31, 2021. Management has agreed to ensure that moving forward the PRF reporting will be accurately completed.
Finding 2022-001
University Orthopaedic Services, Inc. reported $2,256,044 as a component of grant revenue related to the Provider Relief Funds ("PRF") in the financial statements for the year ended December 31, 2021. However, we noted the Practice Plan reported $682,924 of the total PRF amount was utilized for rent expenses in the first quarter of 2022 on the PRF report that was submitted to the HRSA PRF reporting portal. As a result, the Practice Plan's reporting is inconsistent with the revenue recognized. Management of University Orthopaedic Services, Inc. has acknowledged the PRF report submitted to the HRSA PRF reporting portal was incorrect, and the expenses were utilized in full in the year ended December 31, 2021. Management has agreed to ensure that moving forward the PRF reporting will be accurately completed.
Finding 2022-001
University Orthopaedic Services, Inc. reported $2,256,044 as a component of grant revenue related to the Provider Relief Funds ("PRF") in the financial statements for the year ended December 31, 2021. However, we noted the Practice Plan reported $682,924 of the total PRF amount was utilized for rent expenses in the first quarter of 2022 on the PRF report that was submitted to the HRSA PRF reporting portal. As a result, the Practice Plan's reporting is inconsistent with the revenue recognized. Management of University Orthopaedic Services, Inc. has acknowledged the PRF report submitted to the HRSA PRF reporting portal was incorrect, and the expenses were utilized in full in the year ended December 31, 2021. Management has agreed to ensure that moving forward the PRF reporting will be accurately completed.
Finding 2022-001
University Orthopaedic Services, Inc. reported $2,256,044 as a component of grant revenue related to the Provider Relief Funds ("PRF") in the financial statements for the year ended December 31, 2021. However, we noted the Practice Plan reported $682,924 of the total PRF amount was utilized for rent expenses in the first quarter of 2022 on the PRF report that was submitted to the HRSA PRF reporting portal. As a result, the Practice Plan's reporting is inconsistent with the revenue recognized. Management of University Orthopaedic Services, Inc. has acknowledged the PRF report submitted to the HRSA PRF reporting portal was incorrect, and the expenses were utilized in full in the year ended December 31, 2021. Management has agreed to ensure that moving forward the PRF reporting will be accurately completed.