May Board Meeting
Tonight is the May Board Meeting for Floyd Memorial. It will be the first time we have seen any financial reports for the past two months.
In addition, the results of the external audit will be presented and we will see what they found. The CEO already stated at the last meeting that they will be recommending better “internal controls” but he did not elaborate on why they would be making that recommendation although when you overstate your revenue by $11.5 million dollars there are obviously problems.
We should also be getting an update on the revenue cycle evaluation and hear for the first time a report on the supply chain.
Receiving accurate information continues to be a struggle as every time we are handed anything, our first thoughts are whether we can trust the data. This makes things difficult when trying to make tough decisions.
In addition, the results of the external audit will be presented and we will see what they found. The CEO already stated at the last meeting that they will be recommending better “internal controls” but he did not elaborate on why they would be making that recommendation although when you overstate your revenue by $11.5 million dollars there are obviously problems.
We should also be getting an update on the revenue cycle evaluation and hear for the first time a report on the supply chain.
Receiving accurate information continues to be a struggle as every time we are handed anything, our first thoughts are whether we can trust the data. This makes things difficult when trying to make tough decisions.
posted by Anonymous at 5:50 AM
0 Comments:
Post a Comment
<< Home