Faxton St Luke'S Healthcare

“This organization, mvhs,inc (dba wynn hospital) was previously named faxton st luke's healthcare. On october 29th, 2023, faxton st luke's healthcare merged with st elizabeth medical center (now named st elizabeth community health center) to form mvhs, inc. All patient services previously at st elizabeth medical center are now provided through mvhs, inc. The certificate of incorporation for faxton st luke's healthcare has been amended accordingly and filed with nys department of state on 10/27/2023. The filing number is 231027002757 dos id: 2453498.”

“Mohawk valley health system, inc is the sole member of the corporation.”

“Mohawk valley health system, inc appoints the directors and governing body of the organization. The board of directors are listed in section vii.”

“The form 990 and form 990t are reviewed at a meeting with the executive committee and the board of directors, prior to submitting the report.”

“Conflict of interest policy: the purpose of the policies and directives set out in this policy statement is to assure that the business conducted by the organization is conducted free from the possible influence of conflicts of interest of interested persons. This policy exists to protect the organizations interest when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an interested person in the organization. Interested persons may not enter into any employment transaction or other arrangement that may cause or be perceived to cause a conflict of interest. Interested persons duty to disclose should be on-going and must review this policy annually and complete the acknowledgement and disclosure form annually. The compliance officer and/or the compliance committee will review all annual acknowledgement and disclosure forms and any conflicts or potential conflicts identified. When a potential conflict is identified, the compliance officer will ensure appropriate actions are taken to resolve the conflict. This policy is intended to supplement but not replace any applicable federal and state laws governing conflicts of interest applicable to nonprofit and charitable corporations.”

“The board of directors has established an executive compensation committee, which is responsible for reviewing the adequacy and reasonableness of the compensation paid to the president/ceo and other employees of the executive leadership team. The executive leadership team consists of the following positions: - president/ceo - svp/ cfo - svp/cno - svp/ cio - svp/ chro - svp/marketing & strategy - svp/chief legal counsel - svp/ physician practices & operations - svp/ chief quality & patient safety officer on an annual basis, the committee is responsible for (1) reviewing and recommending to the board chair the ceo's compensation, including salary, incentives, benefits and other prerequisites, for final approval by the board (2) reviewing the compensation of all other employees of the executive leadership team, as recommended by the ceo. The adequacy and reasonableness of all executive compensation is assessed through independent compensation consultants, which conduct market reviews using benchmarking data for comparable positions in similarly situated hospitals. This assessment is provided and reviewed by the executive compensation committee on an annual basis. The independence of the committee members is reviewed and verified prior to the start of the annual compensation review process. Should a conflict present, those individuals with actual or perceived conflicts abstain from voting until such time as the conflict can be resolved or a replacement member ins appointed to the committee. The committee's deliberations and discussions are guided by a written compensation philosophy and documented through written minutes taken during each meeting. The minutes include, among other things, the written materials distributed or presented during the meeting and the specific decisions taken at the meeting.”

“Policy: it is the policy of this hospital to make available to anyone who asks, a copy of its annual report to the internal revenue service (irs) on form 990, and its exempt status form. In accordance with the law, form 990 for a given year, will be made available for public inspection for a three-year period. Purpose: the purpose of this policy is to comply with irs law, which applies for tax years beginning after june 8, 1999 special instructions: a. A copy of the above named documents, will be made available for inspection by a requester, in a designated room, in the finance department of the hospital. B. The documents will be made available, immediately, to anyone who appears in person during usual business hours. For written requests for copies of documents, response will be provided within thirty (30) days of receipt of payment of reasonable copying fees*. C. Either the hospital senior vice president/cfo, the controller, or their designated representative will be present during an inspection by a requester. D. Only the hospital senior vice president/cfo, the controller, or their designated representative will be permitted to answer questions that a requester may have. *should a requester ask the hospital for a photocopy of any or all parts of documents, the hospital will charge $1.00 for the first page, plus $.15 for each additional page.”

“Faxton st. Luke's hospital (fslh) and affiliate st. Elizabeth medical center (semc) both closed as of october 29, 2023. All patient care was merged into one organization, and fslh was re-named mvhs, inc., dba wynn hospital. The wynn hospital is a new health campus with a total of 373 beds. Services previously provided for at semc, and now incorporated into mvhs, inc. Are: level iii trauma center sleep disorders center advanced wound care increase in the number of primary care clinics (11) women's health center children's health center sr. Rose vincent family medical center east utica town of webb little falls cardiothoracic surgery group immune health clinic general surgery vascular surgery cardiology expansion of general and robotic services expansion of ed to 90,000 emergency visits per year expansion of noninvasive and interventional cardiology”

“Mvhs, inc., prior to it's name change from faxton st luke's healthcare (on 10/29/2023) sold it's dialysis program services as of 07/01/2023. This includes ip, op, 7 off-site community locations and home dialysis, peritoneal and hemo treatments.”

“Other fees: program service expenses 60,421,279. Management and general expenses 9,370,914. Fundraising expenses 0. Total expenses 69,792,193.”

“Change in investments in foundation 3,856,294. Contributions for capital acquisitions 18,128,459. Impairment of long lived assets -14,311,986. Equity transfers to/from affiliates 273,635,043. Change in reserve for doubtful accounts due from affiliate -1,500,000.”

“No change from prior year”