Brockton Hospital Inc

“Signature healthcare corporation, a charitable organization organized under the laws of the commonwealth of massachusetts, acting through its board of trustees, is the sole corporate member.”

“The organization's form 990 is prepared by an outside independent certified public accounting firm and is presented to and reviewed by the chief executive officer and chief financial officer and copies of form 990 are providing to each member of the board of trustees prior to filing with the irs.”

“Completed conflict of interest questionnaires shall be submitted to the president or his designee by december 1st, prior to the beginning of each calendar year, the president or his designee shall, in writing, advise members (trustees, senior management, department managers and physicians) and individuals on the medical executive committee who are not members of the conflict of interest policy and request that each individual complete and submit to the president or his designee, a questionnaire outlining any possible conflicts of interest or indicating that no such conflict of interest exists. The president or his designee shall review all conflict-of-interest questionnaires and at least annually disclose to the executive committee the results of the questionnaires. At least annually the president or his designee shall request a committee of the board to review standard relationships with local banks, insurance firms, vendors and other entities serving the institution to assure that the relationship is in the best interest of the institution and is otherwise consistent with the terms of the conflict-of-interest policy. Any member having a possible conflict of interest on any matter should not vote, use his/her personal influence or make an administrative decision on the matter, and in the case of a trustee, should not be counted in determining the quorum for the action of the matter. The minutes of the meeting should reflect that a full and accurate disclosure was made, that the member abstained from voting or decision making and the quorum otherwise present. The conflict-of-interest policy shall be reviewed annually by the members and each new member shall be advised of the policy prior to the individual's selection as a member and shall be required to file within 30 days thereafter a completed questionnaire.”

“The standing committee of the board of trustees of the organization's parent, signature healthcare corporation, serves as the compensation committee of the organization and is empowered to review and approve all matters pertaining to compensation and shall report all actions taken by it on these matters to the board of trustees. Annually, the compensation committee engages an independent compensation consulting firm to prepare an executive compensation analysis which includes a competitive assessment of the total compensation program for the organization's executive positions (ceo, cfo and vice president) for review by the compensation committee. The minutes of the compensation committee reflect the deliberations and decisions of the committee.”

“Form 990 is available for public inspection on the massachusetts attorney general's website located at www.mass.gov.”

“The articles of organization are open to the public on the massachusetts secretary of state's website and the organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. The organization's financial statements are available on the massachusetts attorney general's website.”

“Teaching hospital serving more than 460,000 residents in more than 20 southeastern massachusetts communities. The hospital has 216 licensed beds and provides a full range of clinical services including medical/surgical, pediatrics, obstetrics, inpatient and outpatient psychiatry, radiation, and medical oncology, cardiac catheterization, level ii nursery and magnetic resonance imaging.”

“Signature healthcare brockton hospital is a private, not-for-profit, community-based teaching hospital serving more than 460,000 residents in more than 20 southeastern massachusetts communities. Our mission is to be the leading community based healthcare delivery system in southeastern massachusetts, providing the full range of integrated primary care, specialty care, acute hospital care and related ancillary healthcare services. Signature healthcare physicians and signature healthcare brockton hospital strive to be recognized as the "providers of choice" by staff, patients and the community. Signature healthcare is guided by these principles: - take a leadership role in assessing the health care needs of the metro south area by committing to a hospital-community partnership and by collaborating with other providers and community members to offer a broad range of education, health services and other activities for all patients and, in particular, the underserved and disadvantaged populations. - develop new services and programs and participate in alternative delivery and regional health care system to respond to community need and enhance access to care. - participate in the education of health care professionals to enhance the hospital's access to medical expertise and to assure the most up-to-date approaches for providing care. - commit to an electronic medical record environment aimed at (1) reducing medical errors with more accurate and timely information for providers, (ii) enhancing physician productivity and job satisfaction, (iii) responding to consumer requests for electronic communication. - be an equitable employer that values and rewards excellence in its associates. - manage finances aggressively to remain cost effective and fiscally sound. Part of signature healthcare brockton hospital's community focus, and indeed the very core of our mission, is to care for those in greatest need. We are especially proud of our distinguished, century-plus tradition of reaching out to all patients in our community. From every walk of life, regardless of their ability to pay.”

“Pension-related changes $ 2,964,064 net assets released from donor restrictions $ 3,687,888 change in interest in net assets of shc $ 1,026,640 change in fair value of split-interest agreements $ 352,888 transfers from (to) affiliates $(16,974,689) total to line 9: $( 8,943,209)”