Genesis Healthcare Inc

“Tony megna and alexander cohen have a business relationship in htr, llc. Katie noyes, chief administrative officer, has a business relationship with htr, llc which is majority owned by officers of the organization. Paul fullbright, chief information officer, has a business relationship with htr, llc which is majority owned by officers of the organization. Warren m. Matthews, pharmacy finance director, has a business relationship with htr, llc which is majority owned by officers of the organization. Mark callahan sr., fm director, has a business relationship with htr, llc which is majority owned by officers of the organization.”

“The form 990 is provided to each bod member at the regularly scheduled april meeting prior to the may filing deadline. The members are requested to submit any inquiries within two weeks from the meeting date to allow for inquiry and any potential additional information to be provided.”

“In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board-delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. The decision of the board that a conflict of interest does or does not exist is final and creates a rebuttable presumption that adequate material facts have been, in fact, disclosed to the directors and members of committees with governing board-delegated powers considering the proposed transaction or arrangement. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an actural or possible conflict of interest, the member will be removed from service.”

“The compensation committee of the ghc board of directors reviews and approves the compensation of the ceo and medical directors. State and national comparability data is used to assist in determining the appropriate compensation.”

“The organization makes its governing documents and conflict of interest policy available to the public upon request. Financial information is publicly available via form 990 and any requests for additional financial data will be considered on an individual basis.”

“The process has not changed from the prior year.”