FAC Explorer

Corrective Action Plans

Browse how organizations respond to audit findings

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Finding 1154900 (2024-007)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Internal Control / Segregation of Duties
2. Continue centralized tracking of Medicare-related reporting requirements through the CEO’s compliance calendar.
2. Continue centralized tracking of Medicare-related reporting requirements through the CEO’s compliance calendar.
View Audit 367237
Finding 1154900 (2024-007)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Internal Control / Segregation of Duties
3. Ensure that changes in federal reporting requirements are verified, documented, and reviewed by the Controller and CEO.
3. Ensure that changes in federal reporting requirements are verified, documented, and reviewed by the Controller and CEO.
View Audit 367237
Finding 1154900 (2024-007)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Internal Control / Segregation of Duties
4. Reinforce Medicare compliance responsibilities in SCMRC’s financial and operational planning processes.
4. Reinforce Medicare compliance responsibilities in SCMRC’s financial and operational planning processes.
View Audit 367237
Finding 1154900 (2024-007)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Internal Control / Segregation of Duties
5. Conduct periodic internal reviews to ensure no reportable credit balances exist, even if formal reports are no longer required.
5. Conduct periodic internal reviews to ensure no reportable credit balances exist, even if formal reports are no longer required.
View Audit 367237
Finding 1154899 (2024-006)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Corrective Actions Taken:
Corrective Actions Taken:
View Audit 367237
Finding 1154899 (2024-006)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
1. The overdue Medicare Cost Report for FYE 2024 was filed and accepted by CMS on September 22, 2025.
1. The overdue Medicare Cost Report for FYE 2024 was filed and accepted by CMS on September 22, 2025.
View Audit 367237
Finding 1154899 (2024-006)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
2. A centralized compliance calendar was developed and is maintained by the CEO to track all federal, state, and grant-related deadlines.
2. A centralized compliance calendar was developed and is maintained by the CEO to track all federal, state, and grant-related deadlines.
View Audit 367237
Finding 1154899 (2024-006)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
3. Oversight of the Medicare Cost Report was formally assigned to the CEO and incorporated into SCMRC’s internal and board planning processes.
3. Oversight of the Medicare Cost Report was formally assigned to the CEO and incorporated into SCMRC’s internal and board planning processes.
View Audit 367237
Finding 1154899 (2024-006)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
4. Medicare Cost Report deadlines are reviewed monthly during Finance Committee meetings to ensure accountability.
4. Medicare Cost Report deadlines are reviewed monthly during Finance Committee meetings to ensure accountability.
View Audit 367237
Finding 1154899 (2024-006)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
5. SCMRC leadership received training in 2024 on CMS reporting requirements and nonprofit compliance timelines.
5. SCMRC leadership received training in 2024 on CMS reporting requirements and nonprofit compliance timelines.
View Audit 367237
Finding 1154899 (2024-006)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
6. SCMRC engaged Allen Bryant, CPA, to support timely Medicare Cost Report preparation and submission going forward.
6. SCMRC engaged Allen Bryant, CPA, to support timely Medicare Cost Report preparation and submission going forward.
View Audit 367237
Finding 1154899 (2024-006)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
7. SCMRC’s updated compliance tracking system was reviewed during the 2025 HRSA Verification Site Visit, contributing to the clearance of Chapter 18 conditions.
7. SCMRC’s updated compliance tracking system was reviewed during the 2025 HRSA Verification Site Visit, contributing to the clearance of Chapter 18 conditions.
View Audit 367237
Finding 1154899 (2024-006)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Corrective Action Plan:
Corrective Action Plan:
View Audit 367237
Finding 1154899 (2024-006)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
1. Maintain the centralized compliance calendar with documented Medicare Cost Report deadlines, reviewed monthly.
1. Maintain the centralized compliance calendar with documented Medicare Cost Report deadlines, reviewed monthly.
View Audit 367237
Finding 1154899 (2024-006)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
2. Ensure continued CEO oversight of Medicare Cost Report submissions, with responsibilities reaffirmed annually during internal planning.
2. Ensure continued CEO oversight of Medicare Cost Report submissions, with responsibilities reaffirmed annually during internal planning.
View Audit 367237
Finding 1154899 (2024-006)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
3. Continue monthly Finance Committee updates on Cost Report timelines and submission status.
3. Continue monthly Finance Committee updates on Cost Report timelines and submission status.
View Audit 367237
Finding 1154899 (2024-006)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
4. Provide refresher training as needed to maintain awareness of CMS and HRSA reporting requirements.
4. Provide refresher training as needed to maintain awareness of CMS and HRSA reporting requirements.
View Audit 367237
Finding 1154899 (2024-006)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
5. Retain Allen Bryant, CPA, for annual preparation and submission of the Medicare Cost Report in accordance with CMS deadlines.
5. Retain Allen Bryant, CPA, for annual preparation and submission of the Medicare Cost Report in accordance with CMS deadlines.
View Audit 367237
Finding 1154898 (2024-005)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Cash Management
Corrective Actions Taken:
Corrective Actions Taken:
View Audit 367237
Finding 1154898 (2024-005)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Cash Management
1. Implemented a 15-month rolling cash flow forecast in Q4 2024, updated weekly by the CEO and Controller in partnership with the contract accountant.
1. Implemented a 15-month rolling cash flow forecast in Q4 2024, updated weekly by the CEO and Controller in partnership with the contract accountant.
View Audit 367237
Finding 1154898 (2024-005)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Cash Management
2. Finance staff monitor cash balances and disbursements at least twice per week to anticipate timing issues and support grant drawdown coordination.
2. Finance staff monitor cash balances and disbursements at least twice per week to anticipate timing issues and support grant drawdown coordination.
View Audit 367237
Finding 1154898 (2024-005)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Cash Management
3. Established internal minimum balance thresholds and enabled low balance alerts to prevent overdrafts.
3. Established internal minimum balance thresholds and enabled low balance alerts to prevent overdrafts.
View Audit 367237
Finding 1154898 (2024-005)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Cash Management
4. Consolidated underutilized accounts in 2025 and formalized contingency planning with SCMRC’s banking institution.
4. Consolidated underutilized accounts in 2025 and formalized contingency planning with SCMRC’s banking institution.
View Audit 367237
Finding 1154898 (2024-005)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Cash Management
5. Conducted nonprofit cash flow management training for the CEO, Controller, and Board in Q2 FY25.
5. Conducted nonprofit cash flow management training for the CEO, Controller, and Board in Q2 FY25.
View Audit 367237
Finding 1154898 (2024-005)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Cash Management
6. Included cash flow forecasting and liquidity discussions in monthly Finance Committee updates.
6. Included cash flow forecasting and liquidity discussions in monthly Finance Committee updates.
View Audit 367237
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