How should our hospital/HMO report on programs that are partially funded through government grants?
If you operate a community benefit or community service program that receives funding through a grant or award from a state or federal government agency, but which your institution supports with additional dollars, it is appropriate to report those additional costs as direct or associated expenses. This does not apply to shortfalls incurred in connection with contracted programs such as Medicaid or Medicare. The distinction is whether funding of the program is by grant or award (reportable) or by contracted service (not reportable). Hospitals can ask their fiscal offices for a copy of the “Uniform Financial Statements and Independent Auditor’s Report (UFR)” that hospitals are required to file with the Secretary of Administration and Finance which identifies the health and human services grants, programs or initiatives that hospitals provide through state agencies.
