Bishop Mugavero Center for Geriatric Care

“The facility did not have any board members or employees during 2015; therefore, conflict of interest statements were not completed during 2015. However, saint vincent catholic medical centers (svcmc) and its affiliated organizations, including bishop mugavero center for geriatric care previously had the following process in place for monitoring conflicts of interest involving applicable employees, management, medical staff members, and/or members of the board of directors. All employees and medical staff members who were considered to be "key employees" because of their ability to influence substantive business decisions (e.g., purchases, contracts, leases, etc.), and members of the board of directors were required to annually complete a conflict of interest disclosure form that was reviewed by the compliance officer. If there were any potential conflicts identified by key employees, the board of directors was informed. For board members, a summary of all completed conflict of interest information was compiled and circulated to all board members for their review. Once all potential conflict information was gathered, the board of directors, in conjunction with the compliance officer and audit/compliance committee of svcmc, made a determination whether actual conflicts existed. When the conflict was identified, corrective action was taken based on the type and extent of conflict. In all situations, the relevant individual was removed or recused from any decision making related to the potential conflict. All key employees and members were further instructed to disclose throughout the year if any new or previously unidentified conflicts arose. At that time, a revised disclosure form was completed and sent to the svcmc compliance officer for review, and corrective action was taken in accordance with the process described previously. A summary of all completed conflict of interest information was compiled. This summary was then circulated to all board members for their review.”

“During 2015, the facility did not have any paid employees or officers; however, it had the following process in place for determining compensation of key employees and officers in prior years: the svcmc board's compensation committee had jurisdiction over executive compensation. At their direction, the organization retained and utilized the services of a number of third party compensation consultants to establish market norms, and to periodically conduct intermediate sanctions reviews to establish the reasonableness of compensation. This review covered the ceo, coo, cfo, svp/chief administrative officer, svp for behavioral health, svp for continuing care, svp for development, svp/information officer, vp for supply chain management, and vp of finance in both behavioral health and continuing care, chief compliance officer, svp for human resources and chief nursing officer. Each time a new vice president, senior vice president, or chief executive officer was hired, the consultants advised the organization as to market. The compensation committee required the organization to seek their authorization if it appointed a new executive above the 75th percentile. This same process occured when an incumbent executive was to receive a salary adjustment. It should be emphasized that outside consultants were relied on, or otherwise developed, relevant external data for new york city not-for-profit health care organizations. This data was adjusted for size and scope of responsibility.”

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

“In 2015, the facility did not have a board of directors. However, the return was reviewed by the organization's principal officer.”

“Bishop mugavero center for geriatric care obtains certain management services from its sole corporate member, saint vincent catholic medical centers.”

“Saint vincent catholic medical centers is the sole corporate member of bishop mugavero center for geriatric care.”

“IN 2015, THE FACILITY DID NOT HAVE A BOARD OF DIRECTORS; HOWEVER, IN EARLY 2016, THE FOLLOWING INDVIDUALS WERE ELECTED TO THE BOARD OF DIRECTORS to facilitate the dissolution of the organization: STEVEN R. KORF JENNIFER COFFEY CAROLYN GAVER”

“On april 14, 2010, saint vincent catholic medical centers and substantially all of its subsidiaries, including bishop mugavero center for geriatric care, filed voluntary petitions seeking bankruptcy protection under chapter 11 of the u.s. Bankruptcy code. The facility continues to operate its business as debtor-in-possession under the jurisdiction of the bankruptcy court. In general, debtors-in-possession are authorized under chapter 11 to continue to operate as an ongoing business, but may not engage in transactions outside the ordinary course of business without the prior approval of the bankruptcy court. On march 18, 2011, the facility sold the majority of its fixed assets and its medicaid and medicare licenses to a private concern who continues to provide skilled nursing and rehabilitation services to patients. The facility has completed its affairs and on august 5, 2016 obtained a letter from the new york public health and health planning council consenting to the filing of its certificate of dissolution (see attached) and is in the process of obtaining approval from the nys office of the attorney general to dissolve.”

“On march 18, 2011 the faciltiy sold the majority of its assets and ceased conducting its services. The facility has completed its affairs and on august 5, 2016 obtained a letter from the new york public health and health planning council consenting to the filing of its certificate of dissolution (see attached) and is in the process of obtaining approval from the nys office of the attorney general to dissolve.”

“The majority of the assets were sold on march 18, 2011 to a private concern. As of december 31, 2013, the only remaining asset was cash of $964. That cash along with an equity transfer in the amount of $4,021 from its sole corporate member, st. Vincent catholic medical centers, was used throughout 2014 to pay various expenses. The facility has has completed its affairs and on august 5, 2016 obtained a letter from the new york public health and health planning council consenting to the filing of its certificate of dissolution (see attached) and is in the process of obtaining approval from the nys office of the attorney general to dissolve.”

“The organization did not have a governing body during the year. Therefore, documentation of meetings was not necessary, as no such meetings took place.”