Berkshire Faculty Services Inc

“Berkshire faculty services relies on bhs management services, inc. To provide management and support services for the chief executive officer, chief financial officer, vp general counsel, vp of human resources, and vp of physician services.”

“Bhs management services, inc. Is the sole corporate member of berkshire faculty services.”

“The board of trustees is elected by the members of the board of trustees of berkshire health systems, inc.”

“Decisions of the bfs board are subject to review by the board of bhs, inc.”

“Berkshire health systems ("bhs") will make the forms 990 for bhs and affiliates available to the members of the respective governing bodies for their review by (a) sending copies to them physically or electronically, or (b) notifying the members that the forms 990 can be accessed by a secure web-based folder before they are filed with the irs.”

“The organization enforces and monitors its conflict of interest policy by requiring all members of the governing body as well as all officers, key employees and highest compensated employees to disclose potential conflicts of interest (a) annually and (b) as potential conflicts arise. The executive committee of the governing board is not permitted to have material conflicts of interest and members of the governing body are to abstain from action that may be influenced by their conflict or potential conflict by (a) not voting, or (b) not voting and leaving the room, or (c) leaving the governing body, as determined by the governing body.”

“Compensation of the chief executive officer is reviewed and established at least biannually by the independent, volunteer bhs governing body, based on performance reviews and comparison to independently established, regionally appropriate benchmarks for similar positions in similarly sized healthcare organizations, as verified by independent, nationally recognized compensation consultants. Compensation of other officers and key employees is set in accordance with governing body-established principles based on comparable benchmark identified by such independent consultants. In the reporting year, the governing body targeted base compensation for management employees at the 60th percentile of appropriate benchmarks. The organization followed this process for tax year being reported.”

“Berkshire faculty services, inc's form 990 report is available on the following websites: guidestar at www.guidestar.org office of the ma attoreny general at www.charities.ago.state.ma.us/charities/”

“Governance documents, the conflict of interest policy and financial statements are available to the public at the offices of (a) the chief financial officer, and (b) the vice president and general counsel at 725 north street, pittsfield, ma 01201.”

“Berkshire faculty services (bfs) is part of an integrated delivery system including not for profit community hospitals, which have community boards. Bfs is a physician services supporting organization, which supports berkshire health systems and its affiliates. The bfs board is comprised of employees of berkshire health systems management services, inc. (bhsms) who are also the officers of berkshire faculty services, inc. And who hold the same office on the board of berkshire medical center inc. This board structure has not changed significantly since the organization applied for exempt status.”

“Equity transfer 31,277,155.”

“The process used by the audit committee for the oversight of the audit of financial statements has not changed compared to the prior year.”