Group Health Incorporated's (GHI) reported expenditures in its fiscal year 2008 cost proposal substantially complied with the Federal Acquisition Regulation and Medicare contract provisions. However, GHI overstated its cost proposal by approximately $20,000. Specifically, GHI reported unallowable program costs totaling approximately $57,000 and understated overhead costs by approximately $37,000.
Dallas L Alford IV, CPA is a licensed Certified Public Accountant in the state of North Carolina and owner of Atlantic Financial Consulting, a consulting firm that provides comprehensive medical billing services, practice management consulting, coding audits, Medicare compliance, Medicare RAC support and other general medical practice consulting services.
To learn more about Atlantic Financial Consulting you may visit their website at http://atlanticfinancial.us or contact Dallas L Alford IV, CPA directly at 1 888-428-2555, Ext. 200.
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