208.919.2, RSMo, requires CDS vendors to submit an annual financial statement audit performed by a certified public accountant if the vendor’s annual gross revenue is two hundred thousand dollars or more or, if the vendor’s annual gross revenue is less than two hundred thousand dollars, an annual financial statement audit or annual financial statement review performed by a certified public accountant. The financial statement audits/reviews are normally required to be submitted to MMAC within 150 days of the end of the CDS vendor’s fiscal year.
Due to the COVID-19 health emergency, the Missouri Department of Health and Senior Services (DHSS) requested and received authority to grant flexibilities for certain statutory requirements, including the annual CDS audits/reviews. The deadline date for CDS vendors to submit their annual CDS audits/reviews has been extended until the expiration of the declared COVID-19 public health emergency, which is currently August 31, 2021. The current deadline may or may not be extended further.
Click here for a complete listing of the current COVID-19 Flexibilities authorized by DHSS and MO HealthNet.
Questions regarding submission of annual CDS audits or quarterly Financial and Services reports should be emailed to: MMAC.CDS@dss.mo.gov