One Call Medical (OCM), the nation’s premiere leader in diagnostic testing for workers’ compensation, today announced that it has successfully completed its first examination in conformity with Statements on Auditing Standards No. 70 (SAS 70), Service Organizations performed by an independent auditing firm.

SAS 70 is designated by the U.S. Securities and Exchange Commission (SEC) as an acceptable method for a user organization’s management to obtain assurance about a service organization’s internal controls without conducting separate assessments. In addition, the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 make SAS 70 reports even more important to the process of reporting on the effectiveness of internal controls by public companies.

One Call Medical elected to obtain a SAS 70 Type II examination because of the wide recognition that it represents a service organization has been through an evaluation of their control activities as they relate to an audit of the financial statements of its customers. A Type II examination incorporates a review of the design of controls (covered in a Type I examination) along with tests to evaluate the operating effectiveness of the controls specified by OCM. The company believes that a Type II examination, as compared to a Type I examination, provides greater details as to the adequacy of the control environment to its customers.

“We believe the positive results achieved from this SAS 70 Type II examination demonstrate to our customers that the internal control environment at One Call Medical is reliable and operating properly relative to our Payor Outsourcing Services and the technology that supports these operations,” said Warren Green, CFO, One Call Medical. “Today, customers want concrete evidence that their confidential, private data is properly safeguarded, secure, and that the companies with which they do business maintain the highest standards of management control over their data and operations. We believe that the results of our SAS 70 examination, and the fact that – to our knowledge – we are the first company in our space to achieve this milestone, provides quantifiable proof that One Call Medical performs at the highest level of excellence in this industry.”

“The results achieved from this SAS 70 examination represent a major organizational accomplishment for us, the result of a year-long effort that also saw us deploying a new IT platform to support our current and future growth,” Green noted. “Our voluntary election to engage an independent auditing firm to perform the SAS 70 examination speaks to One Call Medical’s commitment to achieving quality standards at every level: quality diagnostic testing, quality providers, quality service to our customers, and quality in operations and technology.”

One Call Medical, Inc. (OCM), the leading specialized Preferred Provider Organization, offers a nationwide network of fully credentialed high quality facilities and reduced cost for radiology and neurodiagnostic services. One Call Medical’s network includes coverage in all major metropolitan areas across all 50 states. OCM customers realize significant cost savings, receive exceptional scheduling and medical report turnaround services and are confident in knowing that their patients obtain the best quality diagnostic testing in credentialed facilities. OCM’s customers include the nation’s leading Workers’ Compensation and Group Health insurers, third-party administrators, as well as self-insured employers. More information about One Call Medical can be found at www.onecallmedical.com.