Thomas Jefferson University

“Thomas jefferson university, inc. Is the tax-exempt parent organization of jefferson/jefferson health; a comprehensive professional university and tax-exempt integrated healthcare delivery system ("system"), with a tripartite mission of education, research and patient care. The system utilizes a common paymaster for this organization and jefferson university physicians; a related internal revenue code section 501(c)(3) tax-exempt organization. In accordance with the internal revenue service form 990 regulations and instructions, the organization treats amounts paid by a common paymaster for services performed for the organization as if paid directly by the organization. Similarly, the organization treats amounts paid by a common paymaster for services performed for a related organization as if paid directly by the related organization.”

“Ira brind, esq., william a. Landman and robert s. Adelson, esq. - business relationship.”

“On september 9, 2016, thomas jefferson university ("tju") entered into a "university combination agreement" with philadelphia university, which at the time was an independent, non-profit corporation organized under the laws of the commonwealth of pennsylvania and recognized as a tax-exempt organization pursuant to section 501(c)(3) of the internal revenue code, and which operated a coeducational institution. On july 1, 2017 the parties consummated the transaction contemplated by the agreement, with philadelphia university amending and restating its articles of incorporation to become a membership corporation with tju as its sole member. Although there remain two non-profit corporations, with thomas jefferson university as the sole corporate member of philadelphia university, the july 1, 2017 transaction resulted in the combination of the two postsecondary educational institutions into a single postsecondary education institution operating as tju. Additionally, effective september 1, 2017, pursuant to the terms of an integration agreement, thomas jefferson university ("tju") became the sole corporate member of kennedy health system, inc. ("khs"). Tju acquired all of the assets and liabilities of khs and transferred no consideration. The tju board was reconstituted to include 10 members designated by khs. This business combination was accounted for as an acquisition. The acquisition of khs was intended to enhance access to high quality, cost effective care to the communities served by both organizations and to enhance the educational and research mission of tju. Lastly, effective january 5, 2018, pursuant to the terms of an integration agreement, tju became the sole corporate member of magee rehabilitation hospital ("magee"). Magee is a not for profit healthcare organization located in philadelphia, pennsylvania. Tju acquired all of the assets and liabilities of magee and transferred no consideration. The tju board was reconstituted to include 2 members designated by magee. This business combination was accounted for as an acquisition. The acquisition of magee is intended to expand the continuum of care provided by tju by enhancing the rehabilitation services provided to patients following discharge from the acute care hospital setting and to enhance the educational and research mission of tju. Tju is a non-profit corporation organized under the laws of the commonwealth of pennsylvania and recognized as a tax-exempt organization pursuant to section 501(c)(3) of the internal revenue code. Tju and its affiliates include a comprehensive professional university and tax-exempt integrated healthcare delivery system, with a tripartite mission of education, research and patient care. As a result of the acquisition of khs and business/university combinations with magee and philadelphia university, each organization prepared amended and restated articles of incorporation where tju became the sole member of philadelphia university, khs and magee.”

“The organization is the tax-exempt parent organization of jefferson/jefferson health; a comprehensive professional university and tax-exempt integrated healthcare delivery system ("system"), with a tripartite mission of education, research and patient care. The organization's federal form 990 was provided to each voting member of the organization's governing body, its board of trustees, prior to filing with the internal revenue service ("irs"). The organization's governing body has assumed the responsibility to oversee and coordinate the federal form 990 preparation, review and filing process. As part of the system's federal form 990 tax return preparation process the system hired a professional certified public accounting ("cpa") firm with experience and expertise in both healthcare and not-for-profit tax return preparation to prepare the federal form 990. The cpa firm's tax professionals worked closely with the system's finance personnel and various other individuals including, but not limited to, the executive vice president/chief financial and administrative officer, senior vice president of corporation finance and chief investment officer, vice president of corporate finance and associate vice president and enterprise controller ("internal working group") to obtain the information needed in order to prepare a complete and accurate tax return. The cpa firm prepared a draft federal form 990 and furnished it to the system's internal working group for their review. The internal working group reviewed the draft federal form 990 and discussed questions and comments with the cpa firm. Revisions were made to the draft federal form 990 where necessary and a final draft was furnished by the cpa firm to the internal working group for final review and approval. Following this review, the form 990 was then presented to the organization's audit, risk and compliance committee and provided to the organization's governing body prior to filing with the irs.”

“The organization is the tax-exempt parent organization of jefferson/jefferson health; a comprehensive professional university and tax-exempt integrated healthcare delivery system ("system"), with a tripartite mission of education, research and patient care. The system has a written conflict of interest policy with which all affiliates regularly monitor and enforce compliance. The conflict of interest policy governs conflict of interest disclosure and monitoring of all voting members of the system's board of trustees. The conflicts of interest policy is designed to assist the organization in evaluating arrangements, contracts or transactions that may benefit the private interest of a trustee, their family member(s), a member of a committee or subcommittee that exercises board-delegated powers of the university, or senior management. The policy is intended to supplement but not replace applicable state and federal laws governing nonprofit charitable corporations. In accordance with the conflict of interest policy, each voting member of the board of trustees must complete, at least annually, the system's conflict of interest disclosure process. The conflict of interest process includes distribution of an electronic disclosure to all persons who served as voting members of the board of trustees, members of senior management and key employees during the previous fiscal year. The disclosure form elicits information related to the respondents actual or potential interests and activities in which they engaged during the reporting period. The process also requires covered persons to disclose such information about their family members. In addition to attesting to the veracity of information contained within the disclosure, the voting member of the board of trustees must certify that they will abide by the system's conflicts of interest and other relevant policies and will disclose all interests and activities related to their ongoing service on the board of trustees. Members of senior management and individuals identified as key employees receive disclosure questions required of members of the board of trustees. All persons covered under the organization's board of trustees and employee-related conflict of interest policies maintain a continuing obligation to disclose all changes in interests, activities and relationships throughout the year. The system maintains all original disclosure forms and certifications in accordance with its record retention policy. The system also compiles and issues a comprehensive report of all actual or potential interests and activities reported during the board of trustees conflicts of interest disclosure process to the organization's executive committee of the board of trustees. Thereafter, the board of trustees itself or through delegation to the audit, risk and compliance committee, evaluates all actual or potential conflicts of interest to determine whether activities or arrangements require management, reduction, or elimination of certain interests, activities or relationships. When management of the identified conflict is required, the affected person(s), members of the boards executive committee, and certain members of executive management, receive notification of the requirements set forth in the management plan. Affected persons are expected to abide by the terms of the management plan, which may include, but may not be limited to, recusal from deliberations and voting when appropriate. In addition to the above-outlined internal reporting and evaluation of activities, transactions and relationships, all required disclosures in accordance with the internal revenue service's regulations and instructions are reported on the organization's federal form 990.”

“The organization is the tax-exempt parent organization of jefferson/jefferson health; a comprehensive professional university and tax-exempt integrated healthcare delivery system ("system"), with a tripartite mission of education, research and patient care. The organization is committed to ensuring that its executive compensation program adheres to the highest standards of regulatory compliance and best practices in corporate governance. The organization's board of trustees has a compensation and human capital committee ("committee"). The committee has adopted a written executive compensation philosophy which is follows when it reviews and approves of the compensation and benefits of the system's executive compensation, including arrangements covering the president/ chief executive officer, senior executives and other key employees (including clinical department chairs and select faculty). The committee meets multiple times during the year and is comprised of individuals who are independent and do not have conflicts of interest with regard to the compensation arrangements that fall within its purview. The committees process is designed to satisfy the rebuttable presumption of reasonableness that is available under the intermediate sanctions law, and includes the review of comparability data and the contemporaneous substantiation of its deliberations and decisions. The committees decisions are made in accordance with system's compensation philosophy, which supports the objective of attracting, retaining and motivating talented individuals who have the appropriate experience and skills to achieve the institutions objectives. On an annual basis the committee reviews appropriate comparability data for similar institutions that reflect the mission, scope and complexity of the organization and its constituent entities. The committee engages qualified, independent consultants as needed to provide advice on compensation matters and to prepare the comparability data, which are reviewed by the committee in advance of making its decisions. The committee reviews and approves compensation for the president/chief executive officer and other senior executives based on market practices, an assessment of performance and other business judgment factors. The executive compensation includes incentive pay, pursuant to which executives are rewarded based on the achievement of the system, entity and individual performance goals that are established in advance of the performance period. These goals are linked to system's mission, strategic and operating objectives, and have predetermined weights. At the end of the year, the committee approves the resulting awards based on a review of performance achievements relative to the goals; in appropriate circumstances, other discretionary factors may be considered when incentives are determined. The committee makes a determination of the reasonableness of compensation and maintains minutes that document its deliberations and decisions.”

“The organization has issued tax-exempt bonds to finance various capital improvement projects and renovations. In conjunction with the issuance of these tax-exempt bonds, the organization's financial statements were included with the tax-exempt bond prospectus which was made available to the general public for review. In addition, the organization's filed certificate of incorporation and any amendments can be obtained and reviewed through the commonwealth of pennsylvania.”

“Core form, part vii and schedule j reflect certain board members and officers receiving compensation and benefits from this organization or a related organization. Please note this remuneration was for services rendered as full-time employees of the organization or a related organization and not for services rendered as a voting member or officer of this organization's board of trustees.”

“Steven e. Mckenzie, m.d., ph.d., former officer of the organization, is still employed within the thomas jefferson university and jefferson health system as a professor of thomas jefferson university and a physician of jefferson university physicians; a related internal revenue code section 501(c)(3) tax-exempt organization. Theodore taraschi, former officer of the organization, is still employed within the thomas jefferson university and jefferson health system as the associate provost for research conduct and compliance at thomas jefferson university.”

“The organization is the tax-exempt parent organization of jefferson/jefferson health; a comprehensive professional university and tax-exempt integrated healthcare delivery system ("system"), with a tripartite mission of education, research and patient care. The system includes both for-profit and not for-profit organizations. Certain board of trustee members, key employees and officers listed on core form, part vii and schedule j of this form 990 may hold similar positions with both this organization and other affiliates within the system. The hours shown on this form 990, for board members who receive no compensation for services rendered in a non-board capacity, represent the estimated hours devoted per week for this organization. To the extent these individuals serve as a member of the board of trustees of other related organizations in the system, their respective hours per week per organization are approximately the same as reflected in core form, part vii of this form 990. The hours reflected on core form, part vii of this form 990, for board members who receive compensation for services rendered in a non-board capacity, paid officers or key employees, reflect total hours worked per week on behalf of the system; not solely this organization.”

“Thomas jefferson university, inc. Is the tax-exempt parent organization of jefferson/jefferson health; a comprehensive professional university and tax-exempt integrated healthcare delivery system ("system"), with a tripartite mission of education, research and patient care. Thomas jefferson university is the sole corporate member or stockholder of various not for-profit and for-profit entities. The internal revenue service ("irs") has recognized thomas jefferson university as a tax-exempt organization under internal revenue code section 501(c)(3). Thomas jefferson university conducts research and offers undergraduate and graduate instruction through the sidney kimmel medical college and the jefferson colleges of nursing, pharmacy, health professions, population health, and biomedical sciences. Thomas jefferson university has approximately 6,800 students and is located in philadelphia, pennsylvania. Recent changes to the jefferson health enterprise ================================================ on july 1, 2017, pursuant to the terms of a combination agreement, tju became the sole corporate member of philadelphia university. Philadelphia university is a not for profit university located in philadelphia, pennsylvania. Tju transferred no consideration and acquired all of the assets and liabilities of philadelphia university. The tju board was reconstituted to included 2 members designated by philadelphia university. This business combination was accounted for as an acquisition. The acquisition of philadelphia university is intended to enhance the educational and research mission of both organizations. On september 1, 2017, pursuant to the terms of an integration agreement, tju became the sole corporate member of kennedy health system ("kennedy"). Kennedy is a not for profit healthcare organization located in new jersey. Tju acquired all of the assets and liabilities of kennedy and transferred no consideration. The tju board was reconstituted to include 10 members designated by kennedy. This business combination was accounted for as an acquisition. The acquisition of kennedy is intended to enhance access to high quality, cost effective care to the communities served by both organizations and to enhance the educational and research mission of tju. On january 5, 2018, pursuant to the terms of an integration agreement, tju became the sole corporate member of magee rehabilitation hospital ("magee"). Magee is a not for profit healthcare organization located in philadelphia, pennsylvania. Tju acquired all of the assets and liabilities of magee and transferred no consideration. The tju board was reconstituted to include 2 members designated by magee. This business combination was accounted for as an acquisition. The acquisition of magee is intended to expand the continuum of care provided by tju by enhancing the rehabilitation services provided to patients following discharge from the acute care hospital setting and to enhance the educational and research mission of tju. Philadelphia university + thomas jefferson university: two legacies joined by one vision =================================================================== unifying two renowned legacies of innovation, education, research and professional excellence, jefferson (philadelphia university + thomas jefferson university) has more than three combined centuries of history. Driven by this newly united and robust past, jefferson delivers unique and high-impact professional education to our students in the areas of architecture, business, design, engineering, fashion, health, medicine, science, textiles and more. Thomas jefferson university was founded in 1824 as jefferson medical college, and philadelphia university was founded in 1884 as the philadelphia textile school. Both were ahead of their time and focused on the importance of experiential learning. The new jefferson was established on july 1, 2017 as a result of the merger of these two renowned universities. Joined togeth”

“The center's goal is to improve the health status of individuals and targeted communities/neighborhoods through a multifaceted initiative, the arches project, which focuses on six domains/themes: access and advocacy; research, evaluation, and outcomes measurement; community partnerships and outreach; health education, screening and prevention programs; education health professions students and providers; and service delivery systems innovation. Tjuh's partners consist of schools, homeless shelters, senior centers, faith-based communities and other broad-based efforts that recognize neighborhood economic, social and physical environments as underlying determinants of health and disease. In addition, tjuh undertakes more extensive assessments in partnership with community-based organizations to create programs that reflect community need, voice and culture. Abington jefferson health =========================== abington jefferson health is the organization that encompasses its flagship hospital, abington hospital in abington, pa and abington lansdale hospital in hatfield township, pa, as well as a number of convenient outpatient settings for obtaining expert medical care in bucks, montgomery and philadelphia counties. Since 2015, the organization has been part of jefferson health, which now includes 14 hospitals and over 50 outpatient and urgent care center locations located throughout philadelphia, bucks and montgomery counties in pennsylvania and camden and gloucester counties in new jersey. Outpatient and community-based services are delivered through a network of owned and affiliated physician practices, satellite medical and surgical centers, outpatient laboratories and radiology centers. Together, jefferson health has 130,000 inpatient admissions; 519,000 emergency department visits, and 3.7 million outpatient visits annually. Abington jefferson health entities include the following: - two hospitals: together, abington hospital and abington lansdale hospital have 800 licensed beds. - six outpatient campuses: abington health center blue bell, abington health center elkins park, abington health center lower gwynedd, abington health center montgomeryville, abington health center warminster and abington health center willow grove. - two urgent care centers, in flourtown and willow grove. - physicians employed physician practices located in bucks, montgomery and philadelphia counties with 80 locations. Abington jefferson health is the umbrella organization that encompasses its flagship hospital, abington hospital, in abington and abington lansdale hospital in hatfield township. Our entities also include convenient outpatient facilities, abington health center blue bell, abington health center lower gwynedd, abington health center montgomeryville in north wales, abington health center willow grove, and abington health center warminster in bucks county, as well as urgent care centers in feasterville and flourtown. Together, these facilities serve more than 39,000 inpatients, 134,000 emergency patients and over 653,000 outpatient visits annually. Abington hospital, founded in 1914, is the largest community teaching hospital in montgomery or bucks counties. Staff members have the privilege of working with medical students, residents and fellows from thomas jefferson university's sidney kimmel medical college and other medical schools and training programs in the philadelphia area. The hospital sponsors five residency programs of its own: family medicine, internal medicine, obstetrics/gynecology, general surgery and dentistry. In addition, the hospital provides postgraduate medical education in affiliation with several area medical schools. Jefferson college of nursing offers a second bachelor of science in nursing (bsn) program at the abington dixon campus in willow grove. Abington also supports a pharmacy residency program. Also included is abington health physicians, a network of employed primary care and specialty physicians. All”

“And, when many families frankford hospital had been serving for generations began relocating to bucks county in the 1980s and 1990s, the hospital again sought better ways to serve them. In march 1999, frankford acquired delaware valley medical center and turned it into its third inpatient site frankford hospital bucks county (now aria health - bucks county). To reflect an expanded, regional vision for health care service delivery in northeast philadelphia and bucks county, frankford hospital changed its name to aria health in may 2009. Today, aria health's focus on its founding philosophy is clearer than ever before. Now, our physicians, nurses and support personnel provide advanced medicine and personal care at three modern inpatient facilities and three outpatient sites all of which are equipped with highly sophisticated technology. Aria - jefferson health's community health dashboard ---------------------------------------------------- as the largest healthcare provider in northeast philadelphia and lower bucks county, aria - jefferson health is committed to caring for the community and improving population health of community members. Promoting healthy lifestyles, offering preventive care, and engaging the community are central to aria's mission. Aria is sharing their community health needs assessment and community dashboard to support community members in exploring the health of their community and resources for health improvement. Kennedy health =============== effective after the merger with jefferson/jefferson health, kennedy health became jefferson health new jersey ("jhnj"). Jhnj is an integrated healthcare delivery system providing a full continuum of healthcare services, ranging from acute-care hospitals to a broad spectrum of outpatient and wellness programs. As a multi-site healthcare provider, the system serves the residents of camden, burlington and gloucester counties. As a result of the merger, signs outside kennedy health's buildings underwent a makeover as it transformed to jefferson health under the terms of the organizations merger. Jefferson held a series of celebrations across the former kennedy health sites to formally welcome employees into the jefferson family. Our history ----------- kennedy was not always a healthcare system. Kennedy began in 1965 as a single, 99-bed facility, called john f. Kennedy memorial hospital, in stratford, nj. In 1980, kennedy became a multi-hospital system with the purchase of the cherry hill medical center (which opened in 1960) and washington memorial hospital (which opened in 1972). The kennedy health care foundation was created in 1983, and during the next two years, several subsidiary organizations including stat medical transport, kennedy property corporation, and kennedy health facilities were established. In early 1997, kennedy's name changed to the kennedy health system. Its three hospitals operate as kennedy memorial hospitals university medical center. In january of 2015, kennedy's branding and name changed to kennedy health. Its three hospitals operate as kennedy university hospital. In january of 2016, kennedy health and jefferson signed a letter of intent announcing a planned merger that will shape the future of healthcare in southern new jersey. Kennedy health hospitals are now known as jefferson cherry hill hospital, jefferson stratford hospital and jefferson washington township hospital. The renaming is part of a unifying change to highlight jefferson health's southern new jersey hub as jefferson continues its efforts to bring world class health care to patients in the communities where they live. Jefferson cherry hill hospital by the numbers --------------------------------------------- - 196 acute care beds - 1,024 associates - 40,389 emergency department visits - 7,117 hospital admissions - 4,691 surgical procedures performed - 11,959 behavioral health encounters jefferson cherry hill hospital is currently undergoing a $200 million transformation proje”

“The fourth chapter: in 1954, the orphan's court of philadelphia permitted the use of the magee trust fund to establish a rehabilitation center, ruling that rehabilitation was now seen as a dynamic form of convalescent care and that such service was consistent with the wishes of anna magee. The search for a founding director of the hospital led to h. Frazer parry, m.d., who had studied with drs. Rusk and krusen. He assumed the post in september 1955, setting up office space at 1500 walnut street where he worked with a team to find an appropriate building for the hospital. A former factory at 1513 race street was ideal because of its central location, open floor space, and relatively few walls that would have to be taken down. The building was purchased from american meter company, and construction and renovations began in december 1956. The total cost of the project, which was designed for 39 patients, amounted to about $2.5 million. Opening ceremonies for magee memorial hospital for convalescents were held on march 9, 1958, and with a staff of 30 in place, the hospital, the first of its kind in philadelphia, began admitting patients the very next day. In the first two years, approximately 57 percent of the care was free. Today: leading the way in innovative techniques and rehabilitation therapy from the very beginning, magee rehabilitation is now acclaimed as one of the best rehabilitation hospitals in the nation, due to the vision of anna magee and her legacy to the community in the philadelphia region. With over 50 years experience in rehabilitation care, magee stands alone in offering outstanding care for the patients we are privileged to serve. Awards & honors =============== jefferson university hospitals is consistently recognized both nationally and locally by various organizations and institutions in just about every aspect of patient care, patient safety and the quality of the healthcare experience. Quality & safety ================ since 1825, the physicians, nurses and staff at thomas jefferson university hospitals have made the safety of our patients and the quality of care we deliver top priorities. We recognize that the care we provide affects every patient and family member who comes through our doors. Our commitment to quality is measured in better patient outcomes and increased patient satisfaction. The result is generations of families turn to jefferson because they know that we deliver safe, superior and compassionate care, from diagnostics through follow-up care. At jefferson, we don't just talk about safety and quality: we set goals and benchmark our results to ensure we are meeting and exceeding national standards. We use a "balanced scorecard" approach to continually measure our progress toward our goals. This approach provides accountability at all levels and tracks those metrics that have the greatest impact on our strategic values quality and safety, service, people, growth and finance and operations. In our drive to deliver the best quality care, we utilize proven methodologies for quality improvement. Many of our staff have received dedicated training and gained expertise in special techniques to drive improvements in quality and safety. Recognition for quality & safety ================================ many national organizations recognize our hospitals for our standards of quality, excellence and safety. U.s. News & world report ------------------------ thomas jefferson university hospitals is consistently rated among the best healthcare providers in the nation, with top national and regional rankings in ophthalmology, orthopedics, cancer, otolaryngology (ear, nose and throat), urology, gastroenterology and gi surgery, neurology and neurosurgery, cardiology and heart surgery, diabetes and endocrinology, nephrology and geriatrics. Centers for medicare & medicaid tjuh ------------------------------------ the centers for medicare & medicaid services (cms) recently announced that it ranked thomas jeffe”

“American college of surgeons national surgical quality improvement -------------------------------------------------------------------- thomas jefferson university hospital is a participating site for the acs national surgical quality improvement program (acs nsqip). The acs nsqip is the first nationally validated, risk-adjusted, outcomes-based program to measure and improve the quality of surgical care. The program employs a prospective, peer-controlled, validated database to quantify 30-day risk-adjusted surgical outcomes, which allows valid comparison of outcomes among all hospitals in the program. Participating hospitals and their surgical staff are provided with the tools, reports, analysis and support necessary to make informed decisions about improving quality of care. Level 1 regional resource trauma center & spinal cord injury center ------------------------------------------------------------------- thomas jefferson university hospitals' emergency department is an officially designated level 1 regional resource trauma center. It is one of only 18 hospitals in the united states that is both an official trauma center and a federally designated regional spinal cord injury center. Jefferson, in affiliation with magee rehabilitation hospital, is designated as one of the nation's 14 model spinal cord injury centers by the national institute on disability and rehabilitation research. The only such facility in the delaware valley, the center has treated more than 3,000 persons with spinal cord injuries and significantly reduced the severe secondary complications of traumatic spinal cord injury. Blue distinction award ---------------------- thomas jefferson university hospitals earned the blue distinction award from blue cross and blue shield association for demonstrating expertise in delivering quality health care in the following specialties: complex and rare cancers, cardiac care, bariatric surgery, spine surgery, and transplants. This award designation serves as a guide in selecting quality specialty care. Healthgrades ------------ healthgrades is a longstanding leader in making information on physicians and hospitals more accessible and transparent. They provides consumers with information about clinical outcomes, satisfaction, safety and health conditions. Healthgrades have issued 5-star ratings to rothman orthopaedic specialty hospital and tjuh for hip and knee replacement, while abington hospital - jefferson health was recognized for its pacemaker procedures.”

“The organization is the tax-exempt parent organization of jefferson/jefferson health; a comprehensive professional university and tax-exempt integrated healthcare delivery system ("system"), with a tripartite mission of education, research and patient care. The system has a number of outstanding long-term obligated group debt liabilities, including the following bond issuances: - pennsylvania higher educational facilities authority series 2006b; - pennsylvania higher educational facilities authority series 2009a; - pennsylvania higher educational facilities authority series 2012; - pennsylvania higher educational facilities authority series 2012a; - pennsylvania higher educational facilities authority series 2012b; - pennsylvania higher educational facilities authority series 2015a; - pennsylvania higher educational facilities authority series 2015b; - pennsylvania higher educational facilities authority series 2015c-g; - pennsylvania higher educational facilities authority series 2015h; - philadelphia authority for industrial development series 2017a; - philadelphia authority for industrial development series 2017b; - philadelphia authority for industrial development series 2017c; - montgomery county higher education and health authority series 2018a, - montgomery county higher education and health authority series 2018b; - montgomery county higher education and health authority series 2018c; and - montgomery county higher education and health authority series 2018d. The bonds outlined above and various other long-term borrowings are allocated by thomas jefferson university; the tax-exempt parent of the system and sole member of various tax-exempt affiliates within the system, to the following system member hospitals and certain other affiliates. The balance sheet of these respective member hospitals and certain other affiliates reflects a tju obligated group liability. Accordingly, this tju obligated group liability is reflected on the balance sheet of the following subsidiary organizations: - thomas jefferson university hospitals, ein: 23-2829095 - tjuh system, inc., ein: 26-3026795 - jefferson university physicians, ein: 23-2809585 - abington health, ein: 27-1243803 - abington health foundation, ein: 23-2188052 - abington memorial hospital, ein: 23-1352152 - lansdale hospital corporation, ein: 26-3359979 - aria health, ein: 23-0596940 - aria health system, ein: 23-2239131 - philadelphia university, ein: 23-1352294 - kennedy university hospital, inc., ein: 22-1773439 - magee rehabilitation hospital, ein: 23-1476328 schedule k was prepared on a consolidated basis and is included on this organization's federal form 990, schedule k.”

“Other changes in net assets or fund balance include: - increase in pension liability - $46,517,711; and - other changes in temporarily restricted net assets - ($573,617).”

“The organization is the tax-exempt parent organization of jefferson/jefferson health; a comprehensive professional university and tax-exempt integrated healthcare delivery system ("system"), with a tripartite mission of education, research and patient care. An independent certified public accounting ("cpa") firm audited the consolidated financial statements of the system for the fiscal years ended june 30, 2018 and june 30, 2017; respectively and issued a consolidated audited financial statement. An unmodified opinion was issued each year by the independent cpa firm. The organization's audit, risk and compliance committee has assumed responsibility for the oversight of the audit of the consolidated financial statements, which includes the selection of an independent auditor.”

“The organization is the tax-exempt parent organization of jefferson/jefferson health; a comprehensive professional university and tax-exempt integrated healthcare delivery system ("system"), with a tripartite mission of education, research and patient care. The system engaged an independent accounting firm to prepare and issue a system wide consolidated audit under the single audit act and omb circular a-133.”