White Plains Hospital Medical Center

“Montefiore health system, inc. Is the sole member of white plains hospital medical center.”

“Montefiore health system, inc., the sole member of white plains hospital medical center, has the right to approve the appointment of the members of the white plains board who have been nominated and approved by the white plains board and the power to appoint three white plains board members specifically appointed as montefiore health system's representatives.”

“Pursuant to the white plains hospital medical center's and montefiore medical center's organizing documents (bylaws), certain decisions of the governing board are required to be approved by the montefiore health systems board of directors. Such decisions include managed care contracting, expansion/subtraction of the medical center's operations as well as certain administrative procedures.”

“The form 990 was prepared by the montefiore's tax department working closely with white plains' finance team and assisted by various departments throughout the health system. The form 990 was reviewed and approved by montefiore vice president-finance and the white plains hospital senior leadership including the chief financial officer. In addition, an independent accounting firm was engaged to review the form 990. Upon completion of the various reviews, the form 990 was presented to the white plains finance and executive committee of the board of trustees for review and approval. Once approved by the finance committee of the board of trustees, the form 990 was provided to all members of white plains' governing body prior to filing.”

“All officers, directors and key employees of white plains hospital medical center are required to complete an annual conflict of interest questionnaire, in their capacity as an employee of the hospital or as a board member of the medical center. Completed questionnaires are reviewed by the legal committee of the board of directors and concerns presented by the responses are disclosed to the board, with the interested party recused from the discussion.”

“White plains hospital medical center undertakes a rigorous process to ensure that the executive compensation it pays to its top management officers and key employees is reasonable. The board of directors has established a compensation committee comprised of independent board members, that have no conflict of interest in regards to executive compensations, in making all decisions related to compensation for its top officials. Compensation levels are established considering publicly available data for comparable positions in similar organizations to ensure the recruitment and retention of key executive talent consistent with the market practices of other non-for-profit healthcare organizations of comparable scope, mission and complexity. All decisions made by the compensation committee are appropriately and timely documented in meeting minutes.”

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

“Change in defined pension and other postretirement paln liabilities - 3222073; transfer to affiliates - -10260382; insurance reimbursement for capital acqusitions - 2735714;”