Finding 37584 (2022-002)

-
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2022-12-11
Audit: 35199
Auditor: Forvis LLP

AI Summary

  • Core Issue: The University inaccurately reported patient revenues for two quarters in its Provider Relief Fund report, despite the total lost revenue being correct.
  • Impacted Requirements: Reporting must adhere to HHS guidelines, specifically the accurate calculation and documentation of lost revenue based on accrual accounting.
  • Recommended Follow-Up: Enhance understanding of reporting guidance and revise policies to ensure future reports use accurate financial information.

Finding Text

2022-002 U.S. Department of Health and Human Services Federal Assistance Listing Number 93.498 COVID-19 Provider Relief Fund - Award Year 2020 Criteria or Specific Requirement ? Reporting (45 CFR 75.342). The Provider Relief Fund (PRF) was established in the Coronavirus Aid, Relief, and Economic Security Act (CARES Act, P.L. 116-136) to reimburse, through grants or other mechanisms, eligible health care providers for increased expenses or lost revenue attributable to Coronavirus Disease (COVID-19). Entities that received more than $10,000 (either one time or in the aggregate) are required to report the use of their funds, including the lost revenue reimbursement and documentation of how the lost revenue was calculated. Condition ? The University is required to prepare and submit period two Provider Relief Fund reporting to HHS. This report is to be prepared using accurate financial information; however, the University incorrectly reported two quarters of 2020 patient revenues out of a total of twelve quarters reported covering calendar years 2019, 2020 and 2021. Questioned Costs ? None Context ? Upon testing the period two Provider Relief Fund report and total lost revenue calculation, it was determined that the lost revenues were being reported incorrectly and not consistent with current guidance provided by HHS. The University used clinic revenue reports that did not agree with the accrual basis of revenue recognition for the second and third quarters of 2020. This did not result in any misstatement of the total value reported of lost revenue for the calendar year ended December 31, 2020; however, did incorrectly report which quarters the lost revenue related to. Effect ? Lost revenue reported for calendar year 2020 was accurate; however, a timing difference resulted in inaccurate quarterly reporting for two consecutive quarters. Cause ? The guidance provided by HHS to providers across the country as to how to report their lost revenues is, at times, difficult to comprehend and apply. When accumulating revenue reports, the University utilized individual clinic reports which had not been properly adjusted for two quarters to recognize the revenue on the accrual basis of accounting. The University made a good faith effort to accurately report lost revenues using guidance available at the time of reporting. Additional guidance was made available subsequent to report filing deadlines. Identification as a Repeat Finding ? Not applicable. Recommendation ? The University should continue to improve its understanding of the guidance related to this type of reporting. Policies and procedures over federal grant reports should be modified to ensure reports are prepared using appropriate information. Views of Responsible Officials and Planned Corrective Actions ? The University is going to continue to improve its understanding of the guidance related to this type of reporting and work with their external advisors to ensure future portal submissions, if any, are compliant with said guidance.

Corrective Action Plan

2022-002 Lost revenues were being reported incorrectly and not consistent with existing guidance provided by HHS, as the University did not report accrual basis revenue for two of the quarters reported. Personnel Responsible for Corrective Action: Dana Funderburk, Vice President for Finance/CFO, and Monnie Harrison, Controller - Accounting Services Anticipated Completion Date: The corrective action plan will be implemented by June 30, 2023. Corrective Action Plan: The University is going to continue to improve its understanding of the guidance related to this type of reporting and work with their external advisors to ensure future portal submissions, if any, are compliant with said guidance.

Categories

Cash Management Reporting

Other Findings in this Audit

  • 37585 2022-001
    Significant Deficiency
  • 614026 2022-002
    -
  • 614027 2022-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $182.91M
93.342 Health Professions Student Loans, Including Primary Care Loans/loans for Disadvantaged Students $2.52M
84.038 Federal Perkins Loan Program $1.03M
93.107 Area Health Education Centers $939,314
93.498 Covid-19 - Provider Relief Fund and American Rescue Plan $915,760
84.425 Covid-19 Higher Education Emergency Relief Fund/student Portion $764,649
84.425 Covid-19 Higher Education Emergency Relief Fund/institutional Portion $764,317
93.925 Scholarships for Health Professions Students From Disadvantaged Backgrounds $581,484
93.884 Grants for Primary Care Training and Enhancement $485,368
84.033 Federal Work-Study Program $305,509
93.866 Aging Research $120,556
93.859 Biomedical Research and Research Training $88,932
93.969 Pphf Geriatric Education Centers $83,623
45.301 Museum of Osteopathic Medicine Textile Inventory and Rehousing Project $43,339
93.853 Extramural Research Programs in the Neurosciences and Neurological Disorders $19,783
93.945 Assistance Programs for Chronic Disease Prevention and Control $18,635
93.391 Activities to Support State, Tribal, Local and Territorial (stlt) Health Department Response to Public Health Or Healthcare Crises $13,908
93.421 Strengthening Public Health Systems and Services Through National Partnerships to Improve and Protect the Nations Health $12,000
93.426 Improving the Health of Americans Through Prevention and Management of Diabetes and Heart Disease and Stroke $5,756
93.059 Training in General, Pediatric, and Public Health Dentistry $144