Missouri statute and regulation require CDS providers to submit an annual audit.
RSMo 208.918.2 states vendors must demonstrate sound fiscal management as evidenced on accurate quarterly reports and an annual audit. 19 CSR 15-8.400(7) states vendors shall submit the annual audit, done by a properly licensed independent practitioner (certified public accountant licensed in the state of Missouri) pursuant to applicable federal and state laws and regulations, within one hundred fifty (150) days after the end of the vendor’s fiscal year.
Missouri Medicaid Audit and Compliance (MMAC) has posted guidance on its website to assist CDS vendors with the financial audit process. Click here to view the guidance.
Please contact MMAC at MMAC.IHSContracts@dss.mo.gov with any questions.