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   sci.med.psychobiology      Dialog and news in psychiatry and psycho      4,734 messages   

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   Forensic accountant, accounting firm rev   
   26 Jan 15 23:39:36   
   
   From: hound23x@gmail.com   
      
   Forensic accountant, accounting firm reviewing SRHS finances    
      
   BY MARGARET BAKER, MBB...@SUNHERALD.COM    
   January 16, 2015    
   SHARE    
      
   Singing River Health System    
   JOHN FTIZHUGH -- SUN HERALD Buy Photo    
   Story    
   Comments    
   PASCAGOULA -- An attorney Jackson County hired to oversee a review of Singing   
   River Health System has hired a forensic accountant and an accounting firm to   
   work on the project.    
      
   A news release from attorney Billy Guice's office says he has hired Donna M.   
   Ingram, a forensic accountant and certified fraud investigator in Vicksburg,   
   to review the health system's financial status and reporting.    
      
      
   The release said he also has hired LaPorte CPA and Business Advisors to   
   analyze the failed employee pension plan and consider how various scenarios   
   would affect plan participants.    
      
   When Jackson County began reviewing SRHS records in December, supervisors   
   discovered inconsistencies between the health system's projected budgets and   
   actual statements the county had received at the end of each fiscal year.    
      
   SRHS first announced in March it had an $88 million shortfall.    
      
      
   "This adjustment has the effect of reducing the assets of Singing River   
   Hospital System," Guice's news release said. "The information which had   
   previously been received by the Jackson County Board of Supervisors was not   
   correct and it appears that the    
   financial well-being of Singing River Health System was not fairly stated."    
      
   SRHS had stopped contributing to the employee pension plan in 2010 without   
   informing the public. Its Board of Trustees voted Nov. 20 to terminate the   
   plan.    
      
   When the county became aware of the financial crisis, the release said, "the   
   Jackson County Board of Supervisors in an effort to protect both the employees   
   of Singing River Health System and the citizens of Jackson County took such   
   actions as were in its    
   power."    
      
   Jackson County is paying Guice $175 an hour, which Supervisor Troy Ross has   
   said is the typical hourly pay when the county hires outside counsel. It's   
   unclear how much is being paid to Ingram or the CPA firm.    
      
   Read more here: http://www.sunherald.com/2015/01/16/6021636/fore   
   sic-accountant-accounting.html#storylink=cpy   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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