Palo Alto County Hospital System Annual Audit Released
CliftonLarsonAllen LLP released an audit report on Palo Alto County Health System, Emmetsburg, Iowa.
CliftonLarsonAllen LLP reported that the Health System’s operating revenues totaled $24,723,873 for the year ended June 30, 2017. The revenues included $23,465,838 in net patient and resident service revenue and $1,258,035 of other operating revenue. The Health System also had non-operating income of $1,541,442.
Expenses for the year totaled $26,185,406, and included $10,180,877 for salaries and wages, $3,787,251 for employee benefits and $12,217,278 for supplies and property related.
The report contained recommendations to the Board of Trustees and administration concerning accounting procedures. The Board and administration are reviewing these recommendations.
A copy of the audit report is available for review in the office of the Auditor of the State, in the Health System CEO’s office and on the Auditor of State’s website:htpps://auditor.iowa.gov/auditor-reports.