Finding 33681 (2022-003)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-03-12

AI Summary

  • Core Issue: The Hospital failed to adjust year-end audit changes for accurate quarterly reporting of lost revenue.
  • Impacted Requirements: This violates 2 CFR 200.303(a), which mandates effective internal controls over federal awards.
  • Recommended Follow-Up: Update future reports to accurately reflect year-end adjustments and ensure compliance.

Finding Text

2022-003 Department of Health and Human Services Federal Financial Assistance Listing #93.498 COVID-19 Provider Relief Fund and American Rescue Plan Applicable Federal Award Number and Year ? Period 2 TIN #860107344 Reporting Material Weakness in Internal Control Over Compliance and Material Noncompliance Criteria: 2 CFR 200.303(a) establishes that the auditee must establish and maintain effective internal control over the federal award that provides assurance that the entity is managing the federal award in compliance with federal statutes, regulations, and conditions of the federal award. Condition: The Hospital did not consider the impact of the year-end audit adjustments on the quarters applicable to Period 2 when reporting lost revenue. Cause: The established internal controls did not consider the effect of the year-end audit adjustments by quarter for Period 2 to ensure accurate quarterly reporting of net patient revenue. Effect: The lack of adequate policies governing report preparation and submission increases the risk that the report could be filed incorrectly. Questioned Costs: None reported relating to Period 2 as eligible expenditures and lost revenues exceeded Period 2 funds received. However, future amounts eligible for lost revenues is overstated by $745,480 on the Period 2 report. Context: There are 72 key line items related to lost revenue which were tested on the Period 2 Department of Health and Human Services special report. 54 of the 72 key line items did not actually represent net patient service revenue. Repeat Finding from Prior Years: Yes, prior year finding 2021-003 Recommendation: We recommend that the Hospital modify the lost revenue reported on future reports to reflect the year-end adjustments in the appropriate quarter. Views of Responsible Officials: Management agrees with the finding.

Corrective Action Plan

Finding 2022-003 Federal Agency Name: Department of Health and Human Services Program Name: COVID-19 Provider Relief Fund and American Rescue Plan Federal Financial Assistance Listing #93.498 Compliance Requirement: Reporting Finding Summary: The Hospital did not consider the impact of the year-end audit adjustments on the quarters applicable to Period 2 when reporting lost revenue. Responsible Individuals: John J Dempsey, Chief Executive Officer, Lona King, Chief Financial Officer Corrective Action Plan: Management will modify the lost revenue reported on future reports to reflect the yearend adjustments in the appropriate quarter. Anticipated Completion Date: March 31, 2023

Categories

Material Weakness Reporting Internal Control / Segregation of Duties

Other Findings in this Audit

  • 610123 2022-003
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
10.766 Community Facilities Loans and Grants $3.98M
93.498 Provider Relief Fund $2.65M
93.155 Rural Health Research Centers $246,600
93.912 Rural Health Care Services Outreach, Rural Health Network Development and Small Health Care Provider Quality Improvement $49,529