Durable Medical Equipment Inc

“Reliant medical group is the sole member of durable medical equipment, inc.”

“Directors of durable medical equipment, inc. Are elected by the member, reliant medical group.”

“The member of durable medical equipment, inc. (reliant medical group) must approve: a) any amendment to durable's articles of organization or bylaws; b) a merger, consolidation or dissolution of durable; c) the sale, lease, transfer or other disposition of all or substantially all of durable's assets.”

“Durable medical equipment, inc. Does not have separate board committees; it conforms to all policies, practices, etc. Of the sole member, reliant medical group.”

“The board of trustees resigned on march 31, 2018, in conjunction with the transaction described in the next paragraph. The preparation and review process did not change from 2016, with the exception that the return was not reviewed with the board of trustees. Durable medical equipment's sole member,reliant medical engaged an outside tax/accounting firm to assist in the preparation and review of its 2017 form 990. Staff of the successor organization, consisting of former reliant medical group staff members, including its controller, director of compensation and corporate paralegal worked in concert with the outside firm to complete the tax form. Effective march 31, 2018, pursuant to various definitive agreements, including a unit purchase and sale agreement dated november 22, 2017 by and among collaborative care holdings, llc d/b/a optumcare, a delaware limited liability company ("optumcare"), reliant medical, and reliant mso, llc, a delaware limited liability company ("reliant mso"), reliant medical contributed substantially all of its non-clinical business assets and operations to reliant mso, a wholly-owned subsidiary of reliant medical, and then transferred all of its membership interests in reliant mso to optumcare, all in consideration for amounts paid directly to the reliant medical group foundation at the closing (required by massachusetts law applicable to charitable corporations) and certain post-closing capital commitments from optumcare to reliant medical.”

“Monitoring annually, each trustee completes and submits a conflict of interest disclosure statement. Statements are reviewed as follows: durable's president's coi is reviewed by reliant medical group's chairman of the board with a copy to external corporate counsel; independent trustees' coi's are reviewed by reliant medical group's chairman or ceo with copies to external corporate counsel; physician trustees and senior management's coi's are reviewed by reliant medical group's chairman of the audit/compliance committee or reliant's ceo with copies of potential conflicts communicated to the ceo and external corporate counsel. After review, the coi's are filed and maintained by the assistant clerk. Enforcement if an interested individual presents an item at a board meeting, he/she is required to leave the meeting during discussion and voting on any transaction which may result in conflict. Any disclosure of a financial interest or conflict of interest must be detailed in the meeting minutes. Who is covered? The organization's conflict of interest disclosure statement covers each member of the organization's board of trustees, the president and senior management.”

“Trustees, officers, and key employees are covered under reliant medical group's pay policy. The compensation package for the president was performed under the process established by the compensation committee and used information from our external consulting firm.”

“The organizations financial statements, conflict of interest policy and governing documents are available upon request.”

“Form 990, part i, line 1 to sell and/or rent medical equipment and supplies to benefit reliant medical group and other members of the community.”

“Durable employees are included in the w-3 of the common paymaster, reliant medical group, inc.”

“Outside utilization charges (capitation contracts) & other medical service: program service expenses 1,890,782. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,890,782.”

“The reliant medical group board of trustees resigned on march 31, 2018 in conjunction with the transaction described in schedule o in the caption "form 990, part vi, section b, line 11b". Throughout all of calendar year 2017 and first quarter ending march 31, 2018, reliant medical group board of trustee's audit committee assumed responsibility for oversight of the annual audit and selection of an independent audit firm. The oversight process terminated on march 31st, 2018 with the resignations of board of trustee members at which time oversight responsibilities were assumed by reliant medical group's internal management team. The 2017 consolidated financial statements of reliant medical group received an unqualified audit opinion from pwc under date of may 9, 2018.”