Unknown Organization

“The sole member of the corporation shall be lancaster general hospital (ein 23-1365353), a pennsylvania non-profit corporation.”

“The board of directors of the corporation shall be composed of not less than three nor more than ten directors. All directors shall be elected by the sole member of the corporation at the annual meeting of the sole member.”

“A majority of the directors of the board shall constitute a quorum for the transaction of business. The act of a majority of the directors present and voting at a meeting at which a quorum is present shall be the act of the board.”

“The organization has policies and procedures governing the activities of its affiliates. However, they are not currently approved by the governing board.”

“The vice president-controller and director of accounting reviewed the form 990. In addition, the members of the governing body were given the opportunity to review the 990.”

“In order to ascertain and evaluate actual or potential conflicts, certain interested persons are required to fill out a conflict of interest disclosure statement upon entering employment or becoming a trustee of lancaster general hospital or an affiliate, and others are also required to fill out such a statement on an annual basis. In addition to this requirement, all officers and trustees, regardless of whether or not they have filled out or have been asked to fill out a conflict of interest disclosure statement, have an ongoing affirmative duty to bring to the attention of lancaster general hospital, situations which may give rise to an actual or potential conflict of interest as described in the policy.”

“The organization has the policies and procedures in place as mentioned in form 990, part vi, section b line 12a, 13, 14, and 16b. However, they are not currently approved by the governing board.”

“Compensation for individuals listed on schedule j is provided by lancaster general hospital (ein 23-1365353), a related organization. Lancaster general's executive compensation process includes the following review and action by the executive committee of the board of trustees which is comprised of independent trustees. An evaluation of performance against goals is conducted at the close of a fiscal year to determine the level of organizational and individual performance of the ceo and senior executives so as to determine merit and incentive pay actions. Market data for base salary, total cash compensation and total compensation is provided by an independent third party to the committee and reflects a market basket of similarly sized organizations with comparable executive positions. Upon review and discussion of the related data and information the committee takes action which is recorded in the meeting minutes which are then filed for future reference.”

“Lancaster general's executive compensation process includes the following review and action by the executive committee of the board of trustees which is comprised of independent trustees. An evaluation of performance against goals is conducted at the close of a fiscal year to determine the level of organizational and individual performance of the ceo and senior executives so as to determine merit and incentive pay actions. Market data for base salary, total cash compensation and total compensation is provided by an independent third party to the committee and reflects a market basket of similarly sized organizations with comparable executive positions. Upon review and discussion of the related data and information the committee takes action which is recorded in the meeting minutes which are then filed for future reference.”

“Lancaster general ambulatory surgical services, inc. Does not make the governing documents, conflict of interest policy, or financial statements available to the public.”

“Represents the difference in reporting periods between lancaster general ambulatory surgical services, inc. Which reports on a fiscal year and its investment in the physicians' surgery center lancaster general, llc (ein 20-4463521) which reports on a calendar year. - -6341166;”