MAO and PDP One Third Financial Audit

The Centers for Medicare and Medicaid Services is preparing to close out the Corrective Action Plan for the One-Third Financial Audit conducted on Medicare Advantage Organizations and Prescription Drug Plans. This effort focuses on ensuring that identified financial and operational deficiencies from the audit have been fully addressed and remediated in accordance with federal requirements. The closeout process will verify that all corrective actions have been implemented effectively, documented appropriately, and validated to meet the standards set forth for Medicare Advantage and Part D program integrity. This activity is part of CMS’s ongoing commitment to financial accountability and program integrity within the Medicare ecosystem. The NAICS code 541211 indicates that the work involves accounting, auditing, and financial advisory services, suggesting that a qualified third-party auditor or internal compliance team will be engaged to review and certify the resolution of audit findings. The contracting officer, Laura Applewhite, and program point of contact, Mikia Burris, will oversee the process to ensure timely and thorough completion. The forecast posting signals upcoming procurement activity to secure the necessary professional services to conclude this critical compliance milestone.