The Washington State Auditor’s Office recently conducted a regular independent accountability audit of Olympic Medical Center for the year of 2014.
“This represents 15 years in a row in which there were no findings, which points to our vigilant efforts to be strong financial stewards of public resources,” says Chief Finance Officer Julie Rukstad.
Areas examined are those representing the highest risk of fraud, loss, abuse or noncompliance including financial condition, donations and fundraising, safeguarding of medications and narcotics, contracts and agreements, credit card disbursements and self-insurance.
“It is notable that Olympic Medical Center has not had any issues with credit card security,” said Chief Executive Officer Eric Lewis during the Jan. 6 board of commissioners meeting. “Our staff works hard to comply with regulations and to make sure all credit card transactions are secure,” he added.
According to the audit summary, “In the areas we audited, District operations complied with the applicable requirements and provided adequate safeguarding of public resources. The District also complied with state laws and regulations and its own policies and procedures in the areas we examined.”
The next scheduled audit is due in November 2016.