Southern Maine Health Care

“Mainehealth, ein 01-0431680, is the sole member of southern maine health care (smhc).”

“The sole member of the organization, mainehealth ein 01-0431680 has the responsibility for the election of the members of the governing body.”

“There are decisions by the governing body that require approval by the member, mainehealth ein 01-0431680. These do include: 1. The removal of a director from the board; 2. The approval of the sale, lease or disposition of all, or substantially all, of the assets and property of the corporation; 3. The dissolution of the corporation of its merger with or consolidation with another corporation; 4. Any other matter which, by a majority vote of the governing body, the governing body determines should be submitted to the member.”

“The form 990 was made available to the overall board of directors. The cfo also reviewed the form 990 in detail before signing the return.”

“As indicated in 12b, smhc requires current and former officers, directors, trustees, and key employees to complete an annual questionnaire concerning any potential conflicts of interests. The organization reviews the responses to these documents and addresses any issues immediately. In addition, we have added another questionnaire that specifically addresses the concerns regarding transactions involving current or former officers, directors, trustees, and key employees and certain parties that are related to these individuals.”

“The process followed for determining compensation of the ceo and other key administrative employees of the organization is a formal process performed annually by the executive committee of the board of directors. A related organization uses an outside firm, sullivan cotter, to perform an independent benchmark analysis for the ceo of smhc, along with other executives in the mainehealth system. The firm meets with the executive committee to review each executive's benchmark report. The committee then deliberates on mainehealth's written salary and incentive plan philosophy before making a final decision. All decisions and meetings are captured in minutes and there are appropriate approvals at all levels.”

“See explanation above under form 990, part vi, line 15a - compensation for top official.”

“Documents that are required to be open for public inspection are made available upon request.”

“In fy17, smhc began offering urology services in biddeford, and imat (integrated medication assistance treatment) in saco. In addition to these new services, smhc began offering 3-d mammography in biddeford & sanford.”

“(continuation) smhc proudly sponsors community organizations, civic organizations and special events. Smhc airs a weekly radio program featuring smhc physicians talking about important health topics. The radio programs are also shared through social media as podcasts. Each month, smhc sponsors numerous free and low-cost health classes, and support groups. Each year smhc participates in health fairs and business events, and offers special events like free screening clinics and information sessions. Assistance is also offered to patients in need of medication assistance, help with insurance and medical issues, as well as personal issues including tax information, finances and home needs.”

“Consulting and contract labor 25,955,469 5,290,620 14,184”

“Change in fair value of perpetual trust 971,977 equity transfer to affiliates -698,000 net assets released from rest. For operations -35,032 total 238,945”