The Louisville office of BKD LLP is beginning a financial audit of Floyd Memorial Hospital and Health Services after its selection by the hospital’s board of trustees, the board’s chairman said Monday.
“We hope to have the audit by the end of May,” Jerrol Z. Miles told The Tribune.
The board received bids from several accounting firms after deciding to discontinue its long-standing practice of annual State Board of Accounts audits.
Miles declined to reveal the cost of the audit, saying only that BKD “met our budget requirements.”
Chris Roszman — a BKD partner who will lead the hospital’s audit — said three to four accountants will work at the hospital for up to four weeks, beginning April 9.
“When we’re there, we’re typically there all day long,” Roszman said.
The employees focus exclusively on health-care accounting and at minimum have audited roughly 20 hospitals each, Roszman estimated.
“Their scope is to look at the entire financials,” Miles said.
Asked whether he expected the scope to be broader than a state audit, Miles replied, “It depends on their look at the books and records. They do certain testing.”
Next month, the hospital expects to interview replacements for Ralph Mercuri, the chief financial officer who resigned Jan. 1. Interim Chief Financial Officer Elaine Hayes, the hospital’s director of finance, is not a candidate, Miles said.
Floyd County
Private firm wins audit of Floyd Memorial Hospital
- Floyd County
-
-
Georgetown spelunker died of self-inflicted gunshot
Crawford County Coroner Chris Brown said he agreed with the pathologist’s finding that Eve died of a self-inflicted gunshot wound, according to a statement released Tuesday morning by the Department of Natural Resources.
-
Greenville town manager hired, incensing silenced crowd
Richardson threatened to have the town marshal clear the gym, but decided against it.
“I am asking people out there to stay out of it. This has nothing to do with you. You elected us to represent you.”
But that only go the crowd more incensed.
“You ought to be run out of town Talbotte,” yelled one resident. -
New Albany council opposes two low-income developments
Councilman Greg Phipps said the measure was changed because there could be “some legal issues” with the way it was originally written. He said regardless, such a resolution that targets low-income developments intimates underlying stereotypes to the community even if it’s not the intention of those who supported the measure.
- News and Tribune briefs for Feb. 7, 2012
-
Students get time out for good behavior
-
Student sues to wear breast cancer bracelet
An Indiana eighth-grader sued his school district in federal court Monday for the right to wear a bracelet promoting breast cancer awareness with the message “I (heart) Boobies.”
-
New Albany house destroyed by fire
The fire department arrived within six minutes, but the fire had already made its way out of the garage and across the attic. The homeowners heard explosions from the garage area.
-
Body found in cave may be missing Georgetown man
Conservation Officer Jeff Milner said they believe it is Eve based on evidence found at the scene.
-
Council considers opposing low-income developments
Councilman John Gonder said he supports a system that would allow the city to cap sewer credits for low-income housing and give preference to the New Albany Housing Authority.
He conceded his wife does sit on the housing authority board, but believes the city should give favor to the entity when it comes to low-income lodging because it has to meet federal guidelines. - News and Tribune briefs for Feb. 6, 2012
- More Floyd County Headlines
-
