Abingdon Physician Partners

“The corporation contracted with blue ridge medical management corporation, a for-profit corporation, to perform management duties such as accounting, payroll, budgeting, financial operations, and management responsibilities.”

“The corporation is organized as a virginia non-stock, nonprofit organization with johnston memorial hospital, a section 501(c)(3) organization, as the sole member.”

“Johnston memorial hospital appoints three of the five board members, the remaining two members being appointed by a physician advisory committee.”

“Certain decisions of the governing body, such as entering into a joint venture, dissolve, merge, or relocate the corporation, and amendment of the bylaws or articles of incorporation are subject to approval by the sole member, johnston memorial hospital.”

“The cfo reviewed the form 990 with the board of directors prior to filing. The return was made available to each board member in an electronic format prior to the review.”

“Annually, the corporate audit and compliance department of msha forwards the conflict of interest policy and disclosure form to all msha management team members and board members(including app's). Employees and board members must note any conflicts or attest they have "none", and return the form to the audit and compliance department. Any noted disclosures are forwarded to the appropriate management or board personnel to evaluate and utilize when a transaction involving a conflicted person arises. Additionally, personnel who have a comflict arise between the annual distribution of the policy and forms are required to disclose the conflict and would be disciplined in any instance where they have not disclosed and engaged in a conflicted transaction.”

“The ceo's compensation and benefits are subject to the executive compensation policy of mountain states health alliance (msha). The policy was established by msha's board of directors and is alligned with the msha mission, vision, and values, supporting the achievement of the health system's strategic plans and annual goals and objectives. The policy ensures that msha's executive compensation is compliant with the legal, regulatory, and statutory environment affecting compensation. Msha's president and ceo makes recommendations to the executive committee of the msha board for all elements of compensation for the senior management team, including abingdon physician partners and johnston memorial hospital's ceo, sean mcmurray. The board of directors monitors the performance of the senior management team on an ongoing basis, but at least annually.”

“Similar to the ceo's compensation, the cfo receives compensation and benefits that comply with msha's salary policy. His pay is set at a market percentile specific to his position.”

“Governing documents and the conflict of interest policy are made available upon request to appropriate parties requesting them. Financial statements are made available to those parties who own indebtedness of the company on a quarterly basis.”

“Form 990, part vii, section a: director compensation: abingdon physician partners' board of director members, david h. Smith, m.d. And james m. Gardner, m.d. Have 990 reportable compensation derived from medical services provided to app. They do not receive compensation for services as app board members. Steve kilgore, sean mcmurray, and john jeter receive compensation for services provided to related organizations and do not receive compensation for services as an app board member.”

“Abingdon physician partners is committed to bringing loving care to health care. We exist to identify and respond to the health care needs of individuals and communities in our region and to assist them in attaining their highest possible level of health.”

“Intercompany debt forgiveness 647,861”