Finding 23422 (2022-001)

Material Weakness
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-09-28
Audit: 18951

AI Summary

  • Core Issue: The System lacks a formal review process for reporting lost revenue under the Provider Relief Fund, leading to inaccuracies in reported figures.
  • Impacted Requirements: Internal controls must ensure compliance with federal reporting standards, specifically for calculating lost revenue accurately.
  • Recommended Follow-Up: Implement an independent review process for all reporting submissions to verify accuracy before finalization.

Finding Text

Assistance Listing Number, Federal Agency, and Program Name 93.498, U.S. Department of Health and Human Services, COVID 19 Provider Relief Fund and American Rescue Plan Rural Distribution Federal Award Identification Number and Year N/A Pass through Entity N/A Finding Type Material weakness and material noncompliance with laws and regulations Repeat Finding No Criteria The System must establish and maintain effective internal controls over federal awards that provide reasonable assurance that the nonfederal entity is managing the federal award in compliance with federal statutes, regulations, and the terms and conditions of the federal award. The reporting requirements for the Provider Relief Fund (PRF) requires recipients that apply PRF payments toward lost revenue to use one of the following options for calculating lost revenue: Option i: The different between actual patient care revenue Option ii: The difference between budgeted (prior to March 27, 2020) and actual patient care revenue Option iii: The amount calculated by any reasonable method of estimating revenue Condition The System does not have a formal review process to ensure the revenue reported within the PRF reporting submissions properly reconciles to the underlying financial statements. The System selected Option i for reporting lost revenues, however the actual revenue reported for each quarter of 2022 did not reconcile to the underlying accounting records. Questioned Costs None Identification of How Questioned Costs Were Computed N/A Context There was no independent review of the actual revenue for 2022 reported within the PRF reporting portal to evaluate the completeness and accuracy of the data used in the calculation of lost revenue. The quarterly totals reported for 2022 actual revenue were each misstated as the revenue accrual was not included in the figures reported in the portal. This resulted in the over reporting of lost revenues by approximately $360,000 for 2022. Cause and Effect The lack of an independent review of the reporting submission resulted in a reporting error and could also result in an increased risk of incomplete or inaccurate information reported to the granting agency. Recommendation The System should implement a process to ensure an independent review of the reporting submission is completed prior to finalization. Views of Responsible Officials and Corrective Action Plan Management will implement a process to ensure an independent review of the reporting submission is completed prior to submission. The lost revenue reported in the period four portal submission was overstated by approximately $360,000 as a result of the error identified. The System had excess lost revenue that did not have to be utilized to justify recognition of the funding received, therefore this error had no impact on meeting the conditions of the funding received.

Corrective Action Plan

Finding Number: 2022-001 Condition: The System does not have a formal review process to ensure the revenue reported within the PRF reporting submissions properly reconciles to the underlying financial statements. The System selected Option i for reporting lost revenues, however the actual revenue reported for each quarter of 2022 did not reconcile to the underlying accounting records. Planned Corrective Action: Management will implement a process to ensure an independent review of the reporting submission is completed prior to submission. The lost revenue reported in the period four portal submission was overstated by approximately $360,000 as a result of the error identified. The System had excess lost revenue that did not have to be utilized to justify recognition of the funding received, therefore this error had no impact on meeting the conditions of the funding received. Contact person responsible for corrective action: Kevin Riley, CFO Anticipated Completion Date: 9/30/2023

Categories

Material Weakness Reporting Matching / Level of Effort / Earmarking Internal Control / Segregation of Duties

Other Findings in this Audit

  • 599864 2022-001
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
93.498 Covid-19 - Provider Relief Fund and American Rescue Plan Rural Distribution $10.08M
93.958 Block Grants for Community Mental Health Services $598,858
93.364 Nursing Student Loans $401,354
84.268 Federal Direct Student Loans $294,248
93.959 Block Grants for Prevention and Treatment of Substance Abuse $217,185
93.788 Opioid Str $213,733
93.667 Social Services Block Grant $150,800
93.461 Hrsa Covid-19 Claims Reimbursement for the Uninsured Program and the Covid-19 Coverage Assistance Fund $111,175
84.063 Federal Pell Grant Program $86,534
93.912 Rural Health Care Services Outreach, Rural Health Network Development and Small Health Care Provider Quality Improvement $23,825
93.243 Substance Abuse and Mental Health Services_projects of Regional and National Significance $10,255
84.425 Covid-19 - Education Stabilization Fund $10,067
84.007 Federal Supplemental Educational Opportunity Grants $8,930
84.038 Perkins Loan Program $6,863