Ferrell Hospital Community Foundation

“Dr. Albert bledig and bill jones have a business relationship. Gene morris and dr. Nate oldham have a family relationship.”

“Effective january 1, 2016, the hospital entered into a five-year management services agreement. Management services provided to the hospital consist of management personnel including a ceo and cfo, facility planning, strategic planning, recruiting, and several other support and oversight services. The initial term of the agreement is for a five year period, which can be extended beyond the initial five year period, if so desired. The agreement can be terminated by either party with a one hundred eighty day notice without recourse subsequent to the initial five year term of the agreement. If the agreement is terminated by the hospital within the initial five year term, the hospital will be assessed a penalty in the amount of $500,000 to be payable to the management service organization. The hospital will reimburse the management service provider the actual cost of providing the management services on a monthly basis. For the years ended march 31, 2017 and 2016, management fees incurred were $120,000 per year. During the 2016 calendar year, the following individuals were compensated by the management service provider in the following amounts: alisa coleman, chief executive officer: $211,468 joseph hohenberger, chief financial officer: $124,622”

“The ceo and cfo review the completed form 990 as prepared by the paid preparer for completeness and accuracy. The board chair and the ceo and cfo submit the form to the board for final approval immediately prior to filing.”

“Copies of the conflict of interest policy are provided to each director, officer and management person at least once per year, with the requirement that they complete a certificate which confirms that they understand this policy, agree to comply, indicate any known conflicts, and have no knowledge of any additional violations of the policy. Any person with a conflict is required to complete a specific disclosure notice.”

“Ceo salary was determined by comparison with prior persons employed in position, industry comparisons, relative experience and knowledge. Ceo salary was approved by entire board. All deliberations included in board minutes. This process was last completed in 2016. Cfo salary determined and approved in same manner as ceo. All other executive salaries approved by executive management and analyzed based on industry comparative data and position descriptions, commensurate experience, expertise and training. This process was last completed in 2016.”

“Ferrell hospital's governing documents, conflict of interest policy, financial statements, and federal form 990 tax returns are available to the public by request made to administration.”

“Introduced new wound care department and restarted the geriatric/psych department. Also opened a new physician clinic in the neighboring town of carmi. We also added two surgeons to our rhc surgical services department.”

“Emergency room staffing: program service expenses 1,087,801. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,087,801. Physical and occupational therapy staffing: program service expenses 527,092. Management and general expenses 0. Fundraising expenses 0. Total expenses 527,092. Anesthesiology staffing: program service expenses 238,411. Management and general expenses 0. Fundraising expenses 0. Total expenses 238,411. Management staffing: program service expenses 446,178. Management and general expenses 0. Fundraising expenses 0. Total expenses 446,178. Mri and mammography services: program service expenses 199,172. Management and general expenses 0. Fundraising expenses 0. Total expenses 199,172. Maintenance service contracts: program service expenses 167,129. Management and general expenses 0. Fundraising expenses 0. Total expenses 167,129. Other professional fees and purchased services:: program service expenses 1,240,710. Management and general expenses 278,892. Fundraising expenses 0. Total expenses 1,519,602.”

“Process has not changed from proir year.”