Requirements for Grants Management and Financial Systems

The Bipartisan Budget Agreement of 2018 added language to the Section 330 authorizing act which specifically requires health center grantees to have written policies and procedures to track and account for federal funds. In addition, the OIG Work Plan for 2018 includes a project to select HHS grantees, with multiple funding, to determine if their cost allocation systems and associated documentation comply with federal requirements. These and similar actions of the federal government reflect a renewed interest in how grantees assure that federal funds and associated program income are being used as Congress intended. It is, therefore, very likely that HRSA and other funding sources will more closely scrutinize health center grantees and the policies that they have in place in 2018 and beyond. So, what are the rules regarding financial systems and records that your health center should have in place? Cost allocation requirements? High-risk areas? Leading legal and financial experts in the field will discuss these topics and more with a focus on staying compliant in these changing times.