District hires firm to audit Southeast hospital

The District has hired RSM McGladrey, a national consulting firm, to review the finances of United Medical Center after concerns that the Southeast hospital could affect the city’s bond ratings, said Mayor Vincent C. Gray (D).

The firm will conduct an eight-week review that will look at “the hospital’s current programs, financial situation, internal operations and the difference environment UMC will face after federal health-care-reform efforts are implemented,” according to a news release.

RSM was selected after a competitive bidding process, Gray said Wednesday. The review is costing the city $428,000, he said.

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