Englewood Hospital

“Form 990, Part VI, Line 2 BOARD MEMBERS, MR. JAY NADEL AND MR. RICHARD KURTZ HAVE A BUSINESS RELATIONSHIP.”

“Form 990, Part VI, Line 6 ENGLEWOOD HEALTHCARE SYSTEM IS THE SOLE MEMBER OF ENGLEWOOD HOSPITAL AND MEDICAL CENTER.”

“Form 990, Part VI, Line 7a ENGLEWOOD HEALTHCARE SYSTEM, SOLE MEMBER, HAS THE RIGHTS AND POWERS TO: A)VOTE IN THE ELECTION OF TRUSTEES AND TO CAST ONE VOTE FOR EACH TRUSTEE ELECTED; B)ONE VOTE ON ALL OTHER MATTERS TO BE VOTED ON.”

“Form 990, Part VI, Line 7b ENGLEWOOD HEALTHCARE SYSTEM, SOLE MEMBER, HAS THE RIGHTS AND POWERS TO APPROVE: A)AMENDMENT TO THE ARTICLES OF INCORPORATION OR BYLAWS, B)SALE, LEASE OR EXCHANGE OF SUBSTANTIALLY ALL OF THE PROPERTY OR ASSETS, C)MERGER OR CONSOLIDATION WITH ANY OTHER CORPORATION, D)DISSOLUTION, E)APPROVAL OF THE ANNUAL BUDGET, E)ANY SUBSTANTIAL TRANSFER OF FUNDS BY GRANT, GIFT OR LOAN, F)ANY OTHER MATTER THAT BY LAW REQUIRES THE APPROVAL OF THE MEMBER.”

“Form 990, Part VI, Line 11b AT THE OCTOBER MEETING OF ENGLEWOOD HEALTHCARE SYSTEM, THE PARENT COMPANY OF ENGLEWOOD HOSPITAL AND MEDICAL CENTER, FORM 990 WAS REVIEWED WITH ALL MEMBERS; PRESENTATION WAS MADE BY SENIOR MANAGEMENT AS WELL AS BY THE ORGANIZATION'S EXTERNAL PREPARER OF FORM 990. QUESTIONS AND ANSWERS ENSUED.”

“Form 990, Part VI, Line 12c ENGLEWOOD HOSPITAL AND MEDICAL CENTER HAS CONFLICT OF INTEREST POLICIES THAT APPLY TO OFFICERS, DIRECTORS AND TRUSTEES. ENGLEWOOD HOSPITAL AND MEDICAL CENTER'S NOMINATING AND GOVERNANCE COMMITTEE OF ITS BOARD OF TRUSTEES REVIEWS CONFLICT OF INTEREST STATEMENTS. IF ANY MATTER IS BROUGHT TO THE BOARD IN SUCH A WAY AS TO GIVE RISE TO A CONFLICT OF INTEREST, THE AFFECTED TRUSTEE SHALL MAKE KNOWN THE POTENTIAL CONFLICT, WHETHER DISCLOSED BY THE TRUSTEE'S WRITTEN STATEMENT OR NOT, AND AFTER ANSWERING ANY QUESTIONS THAT MIGHT BE ASKED, SHALL WITHDRAW FROM THE MEETING FOR SO LONG AS THE MATTER SHALL CONTINUE UNDER DISCUSSION, AND SHALL BE ALLOWED NO VOTE ON THE MATTER.”

“Form 990, Part VI, Line 15A AND 15B ENGLEWOOD HOSPITAL AND MEDICAL CENTER HAS A STANDING EXECUTIVE COMPENSATION COMMITTEE THAT MEETS THREE TO FIVE TIMES PER YEAR TO REVIEW MANAGEMENT'S PERFORMANCE AND APPROVE THEIR COMPENSATION LEVELS. REVIEW CRITERIA INCLUDES, BUT IS NOT LIMITED TO, OPERATING RESULTS, PERSONAL AND INSTITUTIONAL OBJECTIVES, ETC. THE COMMITTEE ALSO ENGAGES AN INDEPENDENT FIRM TO ASSESS COMPETITIVE COMPENSATION WITHIN THE LOCAL AREA COMMENSURATE WITH EXPERIENCE AND RESPONSIBILITY. FINALLY, DATA IS GATHERED FROM SEVERAL SOURCES REFLECTING LOCAL MARKET RATES AND COMPENSATION LEVELS FOR SIMILAR POSITIONS.”

“Form 990, Part VI, Line 19 ENGLEWOOD HOSPITAL AND MEDICAL CENTER COMPLIES WITH ALL GOVERNMENT REQUIREMENTS RELATING TO THE DISCLOSURE OF THESE ITEMS. FINANCIAL INFORMATION IS AVAILABLE PUBLICLY VIA THE REQUIRED SUBMISSION OF DATA TO THE INTERNAL REVENUE SERVICE AND THE NEW JERSEY STATE ATTORNEY GENERAL'S OFFICE. REQUESTS FROM THE PUBLIC FOR ADDITIONAL INFORMATION ARE HANDLED ON A CASE-BY-CASE BASIS.”

“Form 990, Part IX, Line 11g PHYSICIAN FEES, COMMUNITY BASED $46,391,993 PHYSICIAN FEES, HOSPITAL BASED $20,469,634 PHYSICIAN FEES, ADMINISTRATIVE $1,453,349 NURSE PRACTITIONER FEES $2,445,895 STATE OF NJ ADJUSTED ADMISSION FEE $1,861,350 CONSULTING FEES $2,331,830 TRANSCRIPTION FEES $440,790 ALL OTHER FEES $1,971,417 ------------ TOTAL $77,366,258 OTHER CHANGES IN NET ASSETS FORM 990, PART XI, LINE 9 CHANGE IN MINIMUM PENSION FUNDING $(25,953,790) CHANGE IN NET ASSETS OF FOUNDATION $ (5,176,336) REQUIRED AUDIT FORM 990, PART XII, LINE 3B ENGLEWOOD HOSPITAL AND MEDICAL CENTER UNDERWENT THE REQUIRED AUDIT IN FULL COMPLIALNCE WITH THE SINGLE AUDIT ACT AND OMB CIRCULAR A-133.”