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SFHSS audit receives clean opinion; finance report notes claims uptick and settlement boost to trust
Summary
Independent auditors issued an unmodified opinion on the SFHSS employee benefit trust financials and reported no significant internal-control deficiencies; CFO reported a $14.7M settlement-driven increase to the net trust balance while noting rising claims and staffing vacancies.
Independent auditors from MGO told the San Francisco Health Service Board they issued an unmodified (clean) opinion on the FY 2021–22 employee benefit trust financial statements and reported no material internal control weaknesses or compliance exceptions.
Craig Harner, partner on the engagement, said the auditors issued their report on Oct. 26, 2022, and that…
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