Mainehealth

“MaineHealth Services (EIN: 01-0431680) is the sole Member of the organization.”

“The sole Member of the organization has the responsibility for the election of the members of the governing body.”

“There are decisions by the governing body that require the approval of its sole member. They include: 1. The amendment of the Articles of Incorporation 2. The merger or consolidation with an unrelated entity 3. The sale or other disposition of all or substantially all the assets of the Corporation 4. The dissolution of the Corporation”

“The MaineHealth CFO and Associate CFO reviewed the 990 in detail. The 990 was also made available to the full Board of Trustees prior to filing the return.”

“MaineHealth's Audit & Compliance Services sends Conflict of Interest (COI) disclosure form requests to over 3,000 Care Team Members (including all Board Members, Officers, and other Senior Leaders) each year. Audit & Compliance Services collects the disclosure forms and reviews each submission for possible reported conflicts to determine if a management mitigation plan is required. The results of the annual COI process are reported to the MaineHealth Executive Compliance Committee, the Audit Committee, Local Health System Presidents, and the Board of Trustees Chairpersons.”

“Compensation Process for CEO & Officers MaineHealth uses an outside firm, Sullivan Cotter, to perform an independent benchmark analysis for the CEO and other senior executive leaders. The firm meets with the Executive Committee of the Board of Directors to review the executive benchmark report. The Executive Committee then deliberates on MaineHealth's written salary and incentive plan philosophy before making a final decision. All meeting decisions are captured in minutes with appropriate approvals at all levels.”

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

“- Maine Medical Center Licensing Integration and Regional Partnerships On June 1, 2024, Southern Maine Health Care integrated with Maine Medical Center under one license. As a result, the multi-campus medical center serving Cumberland and York counties can better utilize resources for patient care sharing clinical expertise, providing higher-value care, operating more efficiently and delivering a better, more consistent patient experience. -Shortening Patient Wait Times by Sharing Echosonographers By aligning and leveraging shared expertise, LincolnHealth and Mid Coast Hospital now share an efficient, integrated echosonographer team that ensures patients receive high-quality echosonograms (scans of patients' hearts) closer to home. This regional approach has streamlined workflows and increased capacity, effectively shortening wait times. LincolnHealth has nearly tripled the number of echosonograms it's able to perform each day. -Innovative Program Expands Psychiatry Services to Rural Areas In response to the need for expanded psychiatry services, particularly in rural areas, MaineHealth has launched a Rural Residency Program (RRP) in Rockland, Maine. Residents participate in the four-year program that includes two years on a rotation at Maine Medical Center followed by two years at a rural location focused on outpatient psychiatry at MaineHealth Behavioral Health. Residents participating in the MaineHealth RRP get the genuine experience of living, working and being part of a rural community. Next year the program will usher in two more students with hopes to continue growing to meet the increasing demand for psychiatry services across the MaineHealth footprint.”

“MaineHealth, acting on behalf of the MaineHealth System filed 1,391 Form 1099s for the calendar year 2023.”

“MaineHealth, acting on behalf of the MaineHealth System filed Form W-3, reporting 26,951 employees for the calendar year 2023.”

“Net Assets Transferred as a Result of Unification 37,891,366. Equity Transfers from Affiliates 26,057,722. Retirement Benefit Plan Adjustments -3,200,522.”

“On January 1, 2024, Maine Medical Partners, a taxable wholly subsidiary of MaineHealth, transferred the activities of their physician practices to MaineHealth.”