Finding 393147 (2023-004)

Significant Deficiency
Requirement
AB
Questioned Costs
-
Year
2023
Accepted
2024-04-12

AI Summary

  • Core Issue: The Hospital failed to reduce costs for federal awards by the amount received from Medicare, leading to inaccurate cost reporting.
  • Impacted Requirements: Internal controls over federal awards must ensure compliance with federal regulations and proper cost management.
  • Recommended Follow-Up: Management should review and update procedures to ensure costs are accurately adjusted for any financial assistance received.

Finding Text

Criteria – The Hospital is required to establish and maintain effective internal control over federal awards that provides reasonable assurance the entity is managing the federal awards in compliance with federal statutes, regulations, and the terms and conditions of the federal awards. Condition – Costs relating to the United States Department of Homeland Security program were not reduced for financial assistance received from another source, such as Medicare cost reimbursement. Context – The errors had no impact on the amount of federal awards the Hospital was allowed to retain due to the excess of related costs over the amount of federal awards received. Cause – The Hospital inadvertently did not reduce costs by their Medicare cost reimbursement, which represents financial assistance received from another source. Effect – The cost amounts were inaccurate. Recommendation – We recommend that management review procedures and change as necessary to ensure costs are reduced by financial assistance received from another source. Views of Responsible Officials and Planned Corrective Actions – Management agrees with this finding. The policies are being reviewed and new procedures put in place as needed to ensure proper compliance.

Corrective Action Plan

Condition – Costs relating to the United States Department of Homeland Security program were not reduced for financial assistance received from another source, such as Medicare cost reimbursement. Recommendation – We recommend that management review procedures and change as necessary to ensure costs are reduced by financial assistance received from another source. Views of Responsible Officials and Planned Corrective Actions – Management agrees with this finding. The policies are being reviewed and new procedures put in place as needed to ensure proper compliance. Anticipated Date of Completion – In progress. Action Taken – We have reviewed the recommendations and will be discussing potential control improvements in the near future. Person Responsible for Corrective Action Plan – Margaret Fontana, Chief Financial Officer.

Categories

Cash Management Internal Control / Segregation of Duties

Other Findings in this Audit

  • 393146 2023-003
    Significant Deficiency
  • 393148 2023-005
    Significant Deficiency
  • 393149 2023-001
    Material Weakness Repeat
  • 393150 2023-001
    Material Weakness Repeat
  • 393151 2023-002
    Material Weakness Repeat
  • 393152 2023-002
    Material Weakness Repeat
  • 969588 2023-003
    Significant Deficiency
  • 969589 2023-004
    Significant Deficiency
  • 969590 2023-005
    Significant Deficiency
  • 969591 2023-001
    Material Weakness Repeat
  • 969592 2023-001
    Material Weakness Repeat
  • 969593 2023-002
    Material Weakness Repeat
  • 969594 2023-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $980,175
93.498 Provider Relief Fund $859,076