Finding 625159 (2022-101)

- Repeat Finding
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-09-28
Audit: 42051
Organization: Covenant Health, Inc. (MA)

AI Summary

  • Core Issue: Reporting of lost revenues was inaccurate due to discrepancies between supporting documentation and financial records.
  • Impacted Requirements: Management must ensure accurate reporting as per grant agreement terms.
  • Recommended Follow-up: Implement processes and controls for thorough review before submitting reports to the awarding agency.

Finding Text

Finding 2022-101: Accuracy of Reporting Federal Agency: U.S. Department of Health and Human Services Award Name: COVID-19 Provider Relief Funds Program Year: Provider Relief Reporting Periods 3 and 4 Assistance Listing Number: 93.498 Criteria: Management was responsible for reporting accurate lost revenues based on the terms of the grant agreement. Condition: During compliance testing, it was identified that certain revenues included in the final report were not accurate based on the definitions of the grant agreement and supporting documentation. Context: The lost revenues reported for the periods were not accurate. Cause: The supporting documentation retained that calculated lost revenues did not agree to the financial records in the general ledger. Effect: As a result of the condition, the System?s required reporting for this grant was misstated. The misstated amount did not negatively impact the amount of lost revenue applied against funding received Recommendation: In the future, the System should ensure it implements appropriate processes and controls to ensure a review is performed prior to submission to the awarding agency. Views of Responsible Officials: Management acknowledges the finding and will submit an amended report to the awarding agency, as applicable.

Categories

Reporting

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
93.498 Provider Relief Fund $14.40M
93.527 Affordable Care Act (aca) Grants for New and Expanded Services Under the Health Center Program $1.50M
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $1.20M
21.019 Coronavirus Relief Fund $1.18M
84.063 Federal Pell Grant Program $232,121
10.225 Community Food Projects $208,670
93.211 Telehealth Programs $27,265
93.917 Hiv Care Formula Grants $9,524
10.331 Food Insecurity Nutrition Incentive Grants Program $3,370
84.425 Education Stabilization Fund $1,232