Mertz CPA & Advisors, of Juneau, conducted an audit of Petersburg Medical Center that was presented before the hospital board at their meeting last week that showed no significant issues with the fiscal year financial statements ending on June 30, 2019; However, the firm did make two adjustments and six recommendations.

Prior to the audit, Max Mertz, of Mertz CPA & Advisors, said an adjustment was made by the hospital's management that addressed an overstatement in accounts receivable in the 2018 fiscal year. Mertz said that financial statements showed the accounts receivable high b...