Network Recovery Services Inc.

“Network Recovery Services, Inc. has three members. Article I "Members", Section I.1 Membership provides: The Members of the Corporation shall consist of such individuals or shall be appointed from time to time by The New York Presbyterian Healthcare System, Inc. or its designee. There are no classes. The Members have the rights and duties provided under the New York Not-for-Profit Corporation Law, e.g. election of the Directors and approval of the corporate By-laws and amendments thereto. The Members' powers as to election of Directors ("at least three persons and no more than fifteen persons as determined from time to time by the Members") is limited by the By-laws which provides that "the chief financial officer then in office of each organization named in the first sentence of Article Third of the Corporation's Certificate of Incorporation shall ex officio be a Director of the Corporation." Directors: In 2017 there were Seven Directors. There are no classes.”

“Finance coordinated and completed all of the information required for form 990 accessing various resources including legal, human resources, development, and other departments as needed. Senior Finance executives complete a review of the return in conjunction with Ernst & Young U.S. LLP, paid preparer, prior to submission to the board. A Copy of the form 990 was made available to the governing body at the Board meeting preceding the filing. The 990 is reviewed and approved at this meeting. Network Recovery Services, Inc. files the 990 upon final approval.”

“Conflict of Interest Policy Statement: 1. Purpose: The purpose of the policies and directives set out in this policy statement is to assure that the business of Network Recovery Services, Inc. is conducted free from the possible influence or conflicts of interest of Board Members, Officers or Key Persons. Board Members of Network Recovery Services, Inc. are the voting members of the governing board of Network Recovery Services, Inc. Officers of Network Recovery Services, Inc. are the elected or appointed officers of Network Recovery Services, Inc. Key Persons of Network Recovery Services, Inc. are persons so designated by the chief executive officer of Network Recovery Services, Inc. or his or her delegate. The chief executive officer or his or her delegate shall designate as Key Persons those persons who have roles in the management or administration of the business of the Network Recovery Services, Inc. that could be influenced by a conflict of interest, included but not limited to selecting individually or with others, the vendors from whom goods or services are purchased. 2. Administration: This policy statement and the policies and directives which it sets forth shall be administered for Network Recovery Services, Inc. by, or under the direction of, the Audit and Corporate Compliance Committee of Network Recovery Services, Inc. 3. Disclosure and Management of Possible Conflicts: 3.1 Duty to Complete Questionnaire. Each Board Member, Officer or Key Person of Network Recovery Services, Inc. shall complete a conflict of interest questionnaire upon becoming a Board Member, Officer or Key Person of Network Recovery Services, Inc. and annually thereafter. The questionnaire shall be substantially prescribed by the Audit and Corporate Compliance Committee of the Board of Network Recovery Services, Inc. 3.2 Duty to Update Information. Each Board Member, Officer, or Key Person shall promptly advise Network Recovery Services, Inc. or his or her delegate, of any changes to the information provided in that individual's last completed conflict of interest questionnaire. 3.3 Management Response. The chief executive officer of Network Recovery Services, Inc. or his or her designee shall review all completed questionnaires and all subsequent advice of changes and shall take such action as is deemed appropriate to eliminate potentials for conflicts of interest, including such steps as reassignment of responsibilities or establishment of protective arrangements. 3.4 Audit and Corporate Compliance Committee. All disclosures of interests in completed questionnaires or subsequent advise, unless clearly irrelevant or immaterial, shall be compiled and reported by management to the Audit and Corporate Compliance Committee of Network Recovery Services, Inc. together, in each case, with the response or recommendation of management. The Audit and Corporate Compliance Committee shall determine whether the reported resolution of issues raised by the disclosures is satisfactory and, if not, shall require such further action as it deems appropriate. 4. Prohibited Relationships and Activities: 4.1 Service as a Member of the Board, Officer or Employee of a Competing Healthcare Institution. No Officer or Key person of Network Recovery Services, Inc. shall serve as a member of the governing board or as an officer or other employee of any healthcare institution not a New York-Presbyterian Organization that is a substantial competitor of any New York-Presbyterian Organization unless such service is specifically approved by the Audit and Corporate Compliance Committee of Network Recovery Services, Inc. 4.2 Acceptance of Gifts or Entertainment. No Board Member, Officer or Key Person of Network Recovery Services, Inc. shall accept gifts or entertainment from persons dealing with Network Recovery Services, Inc. that might be considered by an objective observer to have the potential for influencing his or her conduct of business of the Network Recovery Services, I”

“The organization did not compensate its top management officials. Such individuals that are shown on form 990, Part VII are compensated by a related organization following that organization's compensation policy. Form 990, Part VI, Line 15B: Network Recovery Services, Inc. follows the New York Presbyterian Hospital(NYP)'s Compensation Process. NYP's pay philosophy is one which incorporates three important objectives - internal equity or consistency, market competitiveness, and individual contribution. Compensation strategy refers to the fundamental directive of the NYP toward its pay philosophy. It is the Compensation strategy to look at our competitiveness, internal structures, employee contribution and administration of pay. We accomplish this by: - Defining where we pay in relation to our defined market. Analyzing relevant data, we develop market compensation strategies to assist in meeting NYP's objectives while being fiscally responsible and compliant with all applicable laws and regulations. - Conducting salary surveys throughout the year and proactively reviewing salaries in relation to our identified market to maintain competitive posture.- Reviewing salary structures annually to determine movement consistent with the changes in market conditions. - Conducting market analysis, by comparing minimums and averages to the market and adjusting accordingly. - Providing a pay for performance system that recognizes outstanding performance within the organization. Compensation programs are continuously evaluated and revised as needed to ensure that the intended objectives are met.”

“External requests for our governing documents, conflict of interest policy, and financial statements are reviewed for validity. These requests are then granted if deemed appropriate.”

“Description:prof fees/other serv contracts total fees:2707577”