“We base our opinion on areas subject to risk, past performance and assumptions for the future,” said BKD Partner Christopher L. Roszman. “As in the past, we give a clean and unqualified opinion, with no material errors, irregularities or evidence of illegal acts.”
BKD Manager Bill Leachman noted that the hospital had increased net assets by $40,000 and total assets by $165,000. “Last year was ok, and this year was better. We’ve got a management letter noting no material weaknesses in the hospital, which is the worst type of deficiency.”
Board Member Dan Jurgens noted one deficiency found a lack of overall supervision and accountability in hospital bookkeeping. “We could write a check and go in and cover it in the computer. How are we addressing that?”
Herb Winters of QHR Management said that a culprit would be caught but it would take time. Next month he plans to discuss additional safety with Hospital CEO Lisa Coleman and CFO Bethany Goss.
“To meet the requirement for segregation of duty, we would have to hire a lot more people. We can’t do that because of the cost issue. But we can put some controls in place to minimize the risk. It will still be a deficiency, but we can minimize it. It’s not a material weakness, but a significant one. We can bring it down next time.”
QHR Regional Vice President Tom Woodward announced his retirement and the selection of Winters to succeed him in January. “The hospital had needs that matched Herb’s skill set and he’s done a fine job. We’re promoting Herb to lead the hospital forward.”
For more coverage of Trigg County Hospital, see the new Cadiz Record.