University of Louisville tried to pretend they liked this report!
I could weep.
Two days ago, Kentucky’s Auditor of State Accounts Adam Edelen released a long-awaited audit of the University of Louisville’s handling of the QCCT fund. The Quality Community and Charitable Trust is funded by both state and local governments and is used by University Hospital to provide medical care to people who do not have any form of health insurance or the resources to pay out-of-pocket. The report was highly critical of the University and the QCCT Board that is controlled by the University. Despite a valiant effort by University officials to put a positive spin on the audit, every news outlet I have seen that reported on the matter emphasized the negative aspects of the report. In my opinion, the University did not help its own case in this regard.
Also two days ago, the University’s own consultants gave their final report on the hospital’s performance, and yesterday Louisville’s Mayor Fisher released his FY 2013 Budget including city funding for the QCCT fund. It has been a lot to digest all at once. Yesterday I finally had a chance to read the full text of the audit and I was stunned. The press release describing it was bad enough. The report itself is a devastating indictment of the failure of University responsibility for these public monies. Read the full report for yourself and form your own opinions. I could not believe what I was reading and that this behavior could have been allowed to go on so long. There is much accountability blame to go around. Continue reading “Kentucky State Auditor’s Report Critical of UofL Management of QCCT Fund for Indigent Care.”