Crouse Health Hospital Inc

“The hospital ceo is an ex officio director of the hospital board and serves without vote. The hospital bylaws authorize the use of an executive committee which has the right to exercise all the authority of the board of directors between meetings of the board and with the general power to discharge the duties of the board, except as such power may be limited by law, the bylaws or the board itself.”

“Paul and seth kronenberg are related. Paul kronenberg is seth kroenberg's father.”

“Crouse health system, inc is the sole member of crouse health hospital, inc.”

“Crouse health system, inc approves and elects the board of directors of crouse health hospital, inc”

“Certain decisions of the board of directors of crouse health hospital, inc. Such as appointment of the hospital president, are subject to approval by crouse health system, inc”

“Hospital accounting staff provides data to an independent accounting firm that prepares the form 990 and all required schedules. It is reviewed by legal counsel and the hospital cfo. The reviewed form is then presented to the finance and audit committee of the board of directors for their review and approval. Copies of form 990 and all required schedules are made available to other members of the board of directors, upon their request, prior to filing.”

“Conflict of interest disclosure statements are completed annually by the board of directors, officers, and key employees of crouse health hospital. Once collected, the conflict of interest statements are reviewed by members of the corporate compliance office. All reported potential conflicts of interest are evaluated and discussed among the parties. A report is provided to the board of directors upon completion of the compliance review.”

“The compensation for the ceo is based on an annual executive committee review in conjunction with human resources. Current compensation is compared to the national salary survey and any necessary adjustments are reviewed and approved by the executive committee of the board. The compensation for all key employees, officers, and the rest of senior management is determined by the ceo and reviewed with human resources.”

“The conflict of interest policy of crouse hospital can be found on the hospital's website, www.crouse.org under "corporate compliance handbook'. Audited financial statements are available upon request. The governing documents of crouse hospital are not made available to the public.”

“All members of the board of directors of the hospital, except member seth kronenberg, are voluntary. No compensation, employee benefits, or expense account allowances are received for board services. Compensation is disclosed for employee services provided to the hospital or its related organizations.”

“Deferred financing costs less related accumulated amortization for the years 2023 and 2024 have been netted with the related long-term debt in accordance with asu 2015-03, "interest-imputation of interest (subtopic 835-30): simplifying the presentation of debt issuance costs" to conform with the presentation used in the organization's audited financial statements.”

“Pension and post-retirement changes other than period costs -75,902. Increase in interest in net assets of crouse health foundation 2,451,036. Change in funds held in trust by others 77,232. Equity transfer to crouse medical practice, pllc, a related party -44,801,878. Equity transfer to laboratory alliance of cny, llc a related party -1,453,634. Other components of net periodic pension costs 88,748. Loss on extinguishment of debt -2,570,082.”

“Crouse health hospital, inc. Has not changed the process by which it selects its independent accountant or oversees the audit process from last year.”

“In 2010 the hospital formed crouse medical practice, pllc ("pllc"). The pllc was formed to further the hospital's charitable purposes through the provision of physician services to the community by its employed physicians, helping to insure access to care for all members of the community. Because the hospital effectively controls the pllc through contractual arrangements and maintains significant financial support of the pllc, the pllcs financial statements are consolidated with the system for financial statement purposes. Seth kronenberg is the sole member of the pllc. All members of the hospital's board of directors complete annual conflict of interest disclosures.”