Finding 2023-003: Overstatement of Gross Revenue and Contractual Allowances in the General Ledger - Recommendation: We recommend the Organization improve its reconciliation procedures between the PSR reports, billing system, and general ledger to ensure both gross revenue and contractual allowances are accurately reported. Management’s Response: We agree with the recommendation. Management will enhance reconciliation procedures between the PSR reports, billing system, and general ledger to ensure
gross revenue and contractual allowances are accurately recorded. This will include regular reconciliation schedules, improved documentation of adjustments, and coordination between finance and program staff to ensure consistency and accuracy in financial reporting.