Specialty Physicians of Central Texas Inc

“FORM 990, PAGE 1, ITEM C CENTRAL TEXAS HEALTHCARE COLLABORATIVE OPERATES UNDER THE FOLLOWING NAMES: Central Texas Orthopedic Specialists Live Oak Walk-in Care The Aesthetic Center at Live Oak Health Partners The Hearing Center at Live Oak Health Partners The Weight Loss Center at Live Oak Health Partners”

“Form 990, part vi, line 1b members of texas 501(a) organizations must be employed physicians. As a 501(a) organization, christus trinity clinic must employ the physicians who are voting members of the governing body. These voting members of the governing body do not meet the definition of "independent" per the irs form 990 instructions because they receive compensation from the filing organization. Therefore, there are zero voting members that are independent.”

“Form 990, part vi, line 6 christus trinity clinic is the sole member of the central texas healthcare collaborative.”

“Form 990, part vi, line 7a christus trinity clinic, the sole member, has the power to appoint and remove directors and officers.”

“Form 990, part vi, line 7b the following matters are reserved solely to the member, christus trinity clinic, and, after only a consultation with the board of directors, shall require only the affirmative action of the member to be effective: approval and adoption of annual operating and capital budgets of santa rosa family health center (the "corporation"); any financial expenditure which deviates from the corporation's annual operating and capital budgets if the sum of such financial expenditure and the sum of all prior financial expenditures which themselves deviate from the corporation's annual and capital budgets, per fiscal year, exceed $5,000.00; the sale, lease, mortgage, or other transfer or encumbrance of the real property of the corporation; any sale, lease, mortgage, or other transfer or encumbrance of the personal property and assets of the corporation if the sum of such transfer and the sum of all prior transfers, per fiscal year, exceed $5,000.00; any merger, acquisition or consolidation of the corporation; borrowing or lending of money or the creation of indebtedness through the guaranty of another's debt or similar action; giving or seeking of grants; settlement of claims or litigation; appointment and removal of directors; appointment and removal of officers; creation, ownership or acquisition of, or affiliation with, any other organization; approval of any strategic plan, business plan, or mission plan of the corporation; contracts in which the corporation assumes financial risk, including but not limited to managed care contracts, employment contracts, and physician practice acquisition contracts; and approval and adoption of the salaries, compensation and other benefits to be paid to physicians employed by the corporation and members of the board of directors of the corporation.”

“Form 990, part vi, line 11b the form 990 is prepared and reviewed by the christus health tax department. The christus health accounting department works with the tax department in preparation and review of the form 990. The filing organization's cfo, or other designee, reviews the form 990. The final form 990 that will be filed with the irs was reviewed prior to filing with the irs in the spring 2023 by the organization's president and secretary, based on a set of suggested review processes developed by christus health. At a board meeting subsequent to filing with the irs, the president and secretary will report to the full board on the form 990.”

“Form 990, part vi, line 12c at the end of each calendar year, the christus health corporate secretary distributes a conflict of interest questionnaire to all of the organization's board and committee members for completion prior to the 1st of january in the next year. The corporate secretary thoroughly reviews all completed and executed conflict of interest questionnaire forms to ensure accuracy and that no potential or identified conflict is disclosed or exists. The organization's board of directors is responsible for the enforcement of the conflict of interest policy of the organization.”

“Form 990, part vi, lines 15a & 15b the executive compensation committee of christus health determines the compensation of the president of santa rosa family health center. The executive compensation committee is composed of individuals who have no conflict of interest with the compensation arrangements at hand. The executive compensation committee of the christus health board selects an independent external firm to perform an independent compensation review, to ensure that all compensation is reasonable and comparable to other similarly situated organizations, for similarly qualified persons in functionally comparable positions, and to provide supporting information of compensation decisions. On an annual basis the external consultant: 1. Develops the merit increase recommendations for all designated executives based on market comparability. 2. Recommends the changes in the compensation structure (grades) based on the market changes. 3. Completes a review and evaluation of newly created positions to recommend a grade placement to the committee for its discussion and approval. On a bi-annual basis, the external consultant completes a detailed review of all other designated executives' compensation and benefits. This group includes all top management officials, other officers and key leaders of the christus health system. The review includes recommendations to the committee on any changes necessary in either specific compensation or compensation structure to ensure market competitiveness, reasonableness and internal equity. Upon recommendations from the independent external firm, the executive compensation committee makes final compensation decisions. Additionally, the executive compensation committee reviews all compensation payments for excess benefit transactions. The discussion and decisions of the committee are documented and formalized in the committee minutes and maintained on record. Salary information for the other officer of the organization is gathered using several sources: 1. The association of family medicine residency directors survey of faculty and program director salaries. 2. The medical group management association (mgma) survey of physician salaries is used as well, though this is less representative of teaching faculty salaries. 3. Watson wyatt health care clinical and professional salary survey is used. Salary information is reviewed approximately every 2-3 years and adjustments are made based on current survey data. Based on survey information, a faculty salary grid was structured to include years of experience, longevity with the family health center, and specialty. Within the grid, a faculty member can receive equity and merit raises up to the point of maximum salary for level of service.”

“Form 990, part vi, line 18 christus health and most of its affiliated entities do not have forms 1023 because of their inclusion in the irs group ruling with the united states conference of catholic bishops, which covers the organizations listed in the annual official catholic directory. Christus health's website displays the irs group ruling and relevant annual official catholic directory pages for the organizations related to christus health. Forms 990 and 990-t are made available upon request.”

“Form 990, part vi, line 19 the consolidated audited financial statements of christus health are made available to the public via the christus health website. The organization's governing documents and conflict of interest policy are not made available to the public.”

“Form 990, part xi, line 9 intercompany -$7,377,690 ------------ total -$7,377,690”