Bmc Affiliated Physicians Inc

“Joseph camillus david mcaneny richard sugarman business relationship - joseph camillus, david mcaneny, and richard sugarman are all employees of boston medical center corporation.”

“The sole member of the organization is boston medical center corporation.”

“The organization's sole corporate member has the right to appoint member trustees. Member trustees at all times are required to constitute 60% of the total members of the board of trustees. The remaining members of the board of trustees shall be "physician trustees." physician employees have the right to appoint physician trustees as provided in the bylaws.”

“Buap's form 990 is prepared by kpmg and reviewed by bmc health system inc.'s internal management. Following that review, bmc health system inc.'s internal management and kpmg present the form 990 to the bmc health system inc.'s audit and compliance committee for review and comment. The completed form 990 is provided to all members of the buap board of trustees prior to the form being filed with the irs.”

“Conflict of interest questionnaires for the fiscal year ending september 30, 2024 were distributed by bmc health system inc.'s, an affiliated organization, corporate compliance department. The chief compliance officer of bmc health system inc. Or the chief compliance officer's designee queries trustees, officers and directors on at least an annual basis regarding relationships that may create potential conflicts of interest. The chief compliance officer or the chief compliance officer's designee reviews all disclosures and determines whether there are actual or potential conflicts of interest. The chief compliance officer or the chief compliance officer's designee informs the chief legal counsel of any actual or potential conflicts of interest. The chief legal counsel advises the board of trustees and officers of the corporation accordingly.”

“Boston university affiliated physicians (buap) relied on boston medical center corporation (bmc), a related organization of buap, to establish the compensation of its officers who are bmc executives. Bmc used an independent committee, formed of individuals whose compensation is not in issue to determine the compensation of officers who are bmc executives. The committee members are not under the control or direction of any bmc executive seeking compensation. Individual executive compensation is supported by comparable data, which includes compensation paid for comparable positions by similarly situated organizations, both taxable and tax-exempt, compensation surveys compiled independently, and/or actual written offers from similar institutions competing for the services of the bmc executive. The independent committee's assessment of these considerations are contained in the minutes of the committee meeting. The review process includes - and minutes indicate - discussions and evaluations of each executive's prior performance, qualifications, and experience. Executives are not present for the independent committee's discussion and vote on compensation. The minutes reflect the fact that no executive was present.”

“Boston university affiliated physicians, inc. Does not make its governing documents, conflict of interest policy or financial statements publicly available. However, the articles of organization are available on the secretary of the commonwealth's website.”

“Boston university affiliated physicians and its related organizations do not compensate any trustees in their capacity as a trustee. All compensation paid is for work performed as physicians or officers.”