Cape Cod Healthcare Inc

“Trustees and officers sit on the boards of the following: cape health insurance company: michael k lauf michael g jones bruce johnston richard silveria robin devereux the members of cape cod healthcare, inc.'s board also sit on the board of cape cod medical office building, inc., a for-profit related organization.”

“The organization has members/incorporators who elect the organization's trustees.”

“The decisions of the governing body that need approval by its members/incorporators include approval of changes made to the corporation's bylaws and approval when there is a divesting of one of the major affiliates of the organization.”

“The organization's form 990 is reviewed at several levels. The organization engages a public accounting firm to assist in the preparation and review of its form 990 and who signs as paid preparer. Senior management of the organization is responsible for the timely preparation of form 990. The completed form 990 is provided to the finance committee and the entire board in advance of the filing deadline.”

“The organization maintains a conflict of interest policy and regularly and consistently monitors and enforces compliance with this policy. On an annual basis, each trustee, officer and employee at the senior management level completes a conflict of interest disclosure form. The forms are reviewed by cape cod healthcare, inc.'s ("cchc") director of clinical and research compliance who prepares a summary for cchc's compliance officer. Any material interests so disclosed are presented to the corporation's governance committee for review and resolution. All disclosure statements submitted by employees will be reviewed by human resources and/or cchc's director of clinical and research compliance. For any disclosure that is considered substantive the employee's area manager will be consulted to determine if the situation is generally acceptable, requires further examination and possible action or is generally not acceptable. Any action plan created to manage a conflict of interest will be monitored by the employee's area manager or supervisor.”

“The annual process for determining compensation of the organization's ceo, officers, executives and key employees include the following: ceo - compensation will be determined by the compensation committee of the board of trustees, and will include consideration of relevant market data furnished by a disinterested compensation consultant, and a review of job performance. Officers, executives and key employees - officer, executive and key employee compensation will be determined by the ceo and will include consideration of recent relevant market data, and a review of job performance. The compensation committee of the board of trustees will approve all bonus and incentive recommendations for disqualified persons. The process and conclusions are documented in the meeting minutes.”

“The organization makes its bylaws, financial statements and conflict of interest policy available to the public upon appropriate request. The organization's financial statements are also attached to the annually filed form pc, a publicly disclosed tax-exempt organization filing for the state of massachusetts.”

“The full title for bruce johnston is chair (until 5/24)/clerk (as of 5/24)/trustee the full title for robert talerman is clerk (until 5/24)/vice chair & treasurer (as of 5/24)/trustee the full title for robin devereux is vice chair (until 5/24)/chair (as of 5/24)/trustee the full title for kumara sidhartha is medical director pho (until 5/23), chief health equity & wellness officer (as of 5/23)”

“Cape cod healthcare, inc. Pays independent contractors on behalf of its affiliates who file as part of a group form 990 as cape cod healthcare, inc. And affiliates.”

“Cape cod healthcare, the leading provider of healthcare services on cape cod, coordinates and delivers the highest quality, accessible health services which enhance the health of all cape cod residents and visitors. The mission of cape cod healthcare is to coordinate and deliver the highest quality, accessible health services, which enhance the health of all cape cod residents and visitors.”

“Cape cod healthcare (cchc) is the leading provider of healthcare services for residents and visitors of cape cod. With more than 550 physicians, nearly 5,000 employees and 300 volunteers, cape cod healthcare has two acute care hospitals, cape cod hospital and falmouth hospital; vna of cape cod, the cape's leading provider of homecare and hospice services; six urgent care centers; a primary and specialty care network; a skilled nursing and rehabilitation facility (jml care center); an assisted living facility (heritage at falmouth); and numerous health services and programs. Major service areas include cardiovascular services with interventional cardiology suites for emergency and elective angioplasty, electrophysiology and cardiac rehabilitation; inpatient and outpatient surgery including cardiac, orthopedic and neurosurgery; cancer services - medical oncology and radiation therapy; women's health services, including imaging, maternity, breast health and gynecological care; advanced diagnostic imaging services, including mri, low-dose ct, digital x-ray, pet, ultrasound and nuclear medicine; a behavioral health center with inpatient and outpatient mental health and behavioral health services; infectious disease clinical services; physical and occupational rehabilitation programs that feature cardiac and pulmonary rehabilitation programs. In fy24, the two hospitals had 23,551 admissions, 659,603 outpatient visits, 958 births, 15,019 surgeries, and 112,716 emergency room visits. The urgent care centers had 127,810 visits over the same period. Through its community benefits initiative, cchc is committed to enhancing the quality of and access to comprehensive healthcare services for all cape cod residents. Through continuous assessment of community needs, coordinated planning and the allocation of resources, this commitment includes a special focus on the unmet needs of the financially disadvantaged and underserved populations on cape cod. From the period 10/1/2023 - 9/30/2024, cchc community benefits provided support to health and human services organizations and addressed barriers to care by adding supportive connectors in the continuum of care. We continued to implement programs and partner with community-based organizations to address the key themes and priorities listed in the current community health needs assessment (chna). Cchc supported partnerships with over 60 local nonprofit health and human service organizations and a network of federally qualified health centers through project support and grant investments to improve the health of barnstable county residents. Hospital staff dedicated time and expertise to strategic partnerships, coalitions, and task force efforts locally, regionally and across massachusetts. This year (fy24) represented the mid-way point of our current chna. The key themes identified in the 2023-2025 chna include healthcare access, housing, behavioral health, health equity, economic stress and instability, food access, transportation, aging, chronic disease, and covid impact. At the halfway mark in the current chna, cchc has targeted many of these needs. One of the key accomplishments of this year is setting and meeting health equity community benefits investment goals. Cchc community benefits has benchmarks in place to hit each year to ensure the financial investments we make in the community align with the percentage of the county's population that identify as the following historically underinvested groups: black, brazilian/hispanic, lgbtq+, people with disabilities, and non-english speaking and/or migrant individuals. Other key accomplishments include providing millions of dollars in charity care to the cape cod community, as well as increasing the diversity of our programs and partnerships to ensure we work with a broad range of organizations and partners that are inclusive along the lines of geography, service line, race and ethnicity, organization type, etc. These key accomplishments, as well”

“Fundraising is conducted on behalf of cape cod healthcare, inc. By cape cod healthcare foundation, inc. Certain officers are compensated by cape cod heathcare, inc. Funds raised are reported at cape cod healthcare, inc. And affiliates.”

“Cape cod healthcare, inc.'s volunteers include its trustees.”

“Other changes in net assets or fund balances change in value splits interest agreements $ 46,536 change in perpetual trusts $ 3,958,031 transfers to/from affiliates $(1,013,618) net assets released from restrictions $ (832,113) 457b&f expenses $(4,049,623) ------------- other changes in net assets $(1,890,786) _____________”