Southcoast Health System Inc

“Carmen sylvester; christopher hodgson; james jerome coogan; dennis fusco; donald giumetti; elizabeth huidekoper; helena dasilva hughes; ilana feinerman, md; jay schachne, md; johnathan rounds; louis cabral; w. Hugh m. Morton; and jason rua had business relationships with david mccready; john mungovan, md; rayford kruger, md; robert ronan, md; salman bashir, md; renee clark; and wade broughman; who were employed by southcoast hospitals group, inc. Carmen sylvester; christopher hodgson; david mccready; dennis fusco; donald giumetti; elizabeth huidekoper; louis cabral; rayford kruger, md; jason rua; and salman bashir, md had a business relationship with ilana feinerman, md and jeffrey lawrence, who were employed by southcoast physicians group, inc. David mccready; john mungovan, md; rayford kruger, md; robert ronan, md; salman bashir, md; renee clark; and wade broughman also had a business relationship with each other. Additionally, ilana feinerman, md had a business relationship with jeffrey lawrence, md.”

“The organization prepares the form 990 with the assistance of a paid preparer. A draft of the form 990 is presented to the management for review and comment. A draft of the form 990 is also provided to the organization's audit committee for review. A final copy of the form 990 is provided to each member of the board of trustees prior to filing with the irs. An officer of the organization and its paid preparer, respectively, sign the final form 990.”

“Shs has conflict of interest, legal compliance and code of conduct policies that apply to all trustees, officers and employees (referred to as "members"). On an annual basis, each member will complete the conflict of interest questionnaire which affirms that each person has: (1) received a copy of the policy; (2) read and understood the policy; (3) agreed to comply with the policy, and (4) understood that the system entities are charitable organizations and that to maintain their federal tax exemption, such entities must engage primarily in activities which accomplish one or more of its tax-exempt purposes. To ensure the system operates in a manner consistent with its charitable purposes, does not engage in activities that could jeopardize its status as an organization exempt from federal taxation, and in connection with its compliance program, system's management shall conduct periodic reviews of the conflict of interest policy and the operation and application of it. Members shall disclose any interests or activities in which they are involved or become involved that do result, or may appear to result in a conflict of interest or potential conflict of interest and shall comply with, and make all required disclosures under the conflict of interest policy prior to commencing, continuing, or consummating any activity or transaction which raises a conflict of interest or a potential conflict of interest. Each member is under an ongoing duty to update and keep current the information contained in their questionnaire. At least annually, or as necessary based on disclosures, the general counsel will summarize and report all disclosures to the president and ceo and the chairman of the board of trustees (or his/her designee). Upon disclosure of financial or non-financial interests ("interests") and all material facts related thereto by member or an interested person, the chair of the system's governance committee shall determine in conjunction with the general counsel whether a conflict of interest exists. The governance committee can continue to discuss the issue with the member or interested person to clarify or obtain additional information. However, before the governance committee discusses or determines whether the member or other interested person's interests constitute a conflict of interest, the member or interested person must leave the meeting. In the event the interest involves the chair or ceo, the remaining governance committee members shall appoint one or more disinterested trustees to make such a determination. Once the determination of the conflict of interest is made by the governance committee, such determination, along with appropriate mitigation plans, will be submitted by the governance committee for review and approval. If the board or any board committee has reasonable cause to believe that a member has failed to disclose an actual conflict of interest or a potential conflict of interest, it shall inform such person of the basis for such belief and afford such a member an opportunity to explain the alleged failure to disclose it. If, after hearing the response of such person and making further inquiry or investigation as warranted by the circumstances, the board or board committee determines that such person has in fact failed to dislcose an actual conflict of interest or a potential conflict of interest, the appropriate disciplinary and corrective action shall be taken.”

“The compensation review process is performed by a related organization, as southcoast health system does not have any employees.”

“Shs makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“Trustees and officers are compensated for their roles outside of their capacity as trustees and officers.”

“The mission of southcoast health system, inc. (shs) is to care for and improve the health and promote the wellness of the individuals and communities served by operating exclusively for the benefit of southcoast hospitals group, inc. (shg), a safety net provider of hospital services, and its affiliated organizations through the development of a community owned system with multiple access points offering an integrated continuum of health care services.”

“Transfers among affiliates -9,345,462.”

“Financial results for shs are included in the southcoast health system, inc. And affiliates audited financial statements as of and for the years september 30, 2023 and 2024 which were issued with an independent auditors report with an unqualified opinion. Included in these audited financial statements is supplemental consolidated information as of and for the year ended september 30, 2024. No stand alone audited financial statements were issued for shs for the year ended september 30, 2024.”