Griffin Faculty Practice Plan Inc

“The sole member is the griffin hospital.”

“The member has the right to appoint the board of directors.”

“The member shall have the exclusive right (1) to elect the corporation's board of directors and to appoint individuals to fill vacancies on the board of directors; (ii) to amend the bylaws of the corporation; and (iii) to remove any director with or without case. The member shall also have other rights and approve fundamental changes such as amendment of the certificate of incorporation; merger or substantial transfer of assets; sell or mortgage substantially all of the assets; or dissolve the corporation.”

“Griffin faculty physicians did not have any committees with authority to act on behalf of the governing body.”

“Form 990 is reviewed by management prior to filing.”

“A conflict of interest questionnaire is sent annually and disclosed at the annual board meeting. The questionnaire is reviewed by the vice president of accountable care and general counsel. If a conflict is found, the individual will recuse themselves from the discussion of the matter.”

“The compensation committee which is a subcommittee of the board of directors reviews individual compensation of the ceo, officers, and other members of senior staff, whose compensation is reportable on form 990 on an annual basis. Compensation of other members of the organization are approved as a part of the annual budget process. The process includes the procurement of comparability data from external independent sources and other industry specific compensation data. The compensation committee then makes a recommendation to the board of directors for their review and action.”

“The organization's governing documents, conflict of interest policy and financial statements are available to the public upon request.”

“Hhs provider relief funds is properly included as a government grant for september 30, 2021. The beginning balance numbers have been revised to reclassify hhs provider relief funds as a government grant rather than program service revenue.”

“Transfers from griffin hospital 6,759,816.”

“The board of trustees of griffin hospital is responsible for selecting an independent audit firm and for overseeing the financial statement preparation process. There have been no changes in these procedures since the prior year.”