Albert Einstein Healthcare Network

“From july 1, 2021, to october 3, 2021, albert einstein healthcare network ("aehn") was a functionally integrated supporting organization of the tax-exempt members within the albert einstein healthcare network group letter ruling (ein: 46-5338502) and montgomery hospital (ein: 23-1352193). Effective october 4, 2021, at 12:01 am est, pursuant to the terms of an integration agreement, thomas jefferson university ("tju") (ein: 23-1352651) became the sole member of aehn. Effective with this agreement, aehn became a functionally integrated supporting organization of tju; an organization recognized by the internal revenue service as a tax-exempt organization under internal revenue code section 501(c)(3). Aehn's bylaws were amended effective october 4, 2021 to reflect the change of the organization's sole member. Assistance (financial and other) was provided to the tax-exempt members within the albert einstein healthcare network group letter ruling and montgomery hospital prior to and following the affiliation with tju. Any assistance provided post affiliation was done to support tju and tju system while being under tju's supervision, control and reserved powers as outlined in aehn's amended and restated bylaws.”

“Thomas jefferson university ("tju") is the sole member of this organization. Tju has the right to elect the members of this organization's board of trustees and has certain reserved powers as defined in this organization's bylaws.”

“The organization is an affiliate within Thomas Jefferson University/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 made available to each voting member of the organization's governing body prior to filing of the form 990 with the Internal Revenue Service ("IRS"). As part of the tax return preparation process the organization 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 system individuals ("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. Following this review, the form 990 was provided to the organization's governing body prior to filing with the IRS. In addition, the CPA firm made a presentation to the Thomas Jefferson University's finance, assurance & compliance committee regarding the System's Forms 990 together with a healthcare industry tax update.”

“The organization is an affiliate within thomas jefferson university/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 conflict-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 respondent's 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 he or she 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 tju's finance, assurance & 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 board's 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 an affiliate within thomas jefferson university/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. Thomas jefferson university's board of trustees has a compensation and human capital committee ("committee"). The committee has adopted a written executive compensation philosophy which it 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 committee's 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 committee's 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 institution's 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'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 governing body.”

“Kenneth d. Levitan is a voting member/officer of this organization's governing body; an uncompensated position. Mr. Levitan is also the president and chief executive officer of albert einstein medical center; a related internal revenue code section 501(c)(3) tax-exempt organization. His common law employer/employee relationship is with albert einstein medical center. Accordingly, his reportable compensation, retirement/other deferred compensation and non-taxable benefits are reported within core form, part vii and schedule j of the albert einstein healthcare network group letter ruling (ein: 46-5338502) federal form 990 which includes albert einstein medical center. Please refer to the albert einstein healthcare network group letter ruling federal form 990 for this information. Gerard f. Blaney is an officer of this organization's governing body; an uncompensated position. Mr. Blaney is also the chief financial officer of albert einstein medical center; a related internal revenue code section 501(c)(3) tax-exempt organization. His common law employer/employee relationship is with albert einstein medical center. Accordingly, his reportable compensation, retirement/other deferred compensation and non-taxable benefits are reported within core form, part vii and schedule j of the albert einstein healthcare network group letter ruling (ein: 46-5338502) federal form 990 which includes albert einstein medical center. Please refer to the albert einstein healthcare network group letter ruling federal form 990 for this information. Steven l. Sivak, m.d. Is a voting member/officer of this organization's governing body; an uncompensated position. Dr. Sivak is also the chief medical officer of albert einstein medical center; a related internal revenue code section 501(c)(3) tax-exempt organization. His common law employer/employee relationship is with albert einstein medical center. Accordingly, his reportable compensation, retirement/other deferred compensation and non-taxable benefits are reported within core form, part vii and schedule j of the albert einstein healthcare network group letter ruling (ein: 46-5338502) federal form 990 which includes albert einstein medical center. Please refer to the albert einstein healthcare network group letter ruling federal form 990 for this information.”

“The organization is an affiliate within thomas jefferson university/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's parent entity is thomas jefferson university ("tju"). Certain board of trustee members 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 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, reflect total hours worked per week on behalf of the system; not solely this organization.”

“The organization's mission is to support those organizations that have, as its principal purpose, the provision of compassionate, high quality health care in order to elevate the health status of the patients it serves in southeastern pennsylvania, southern new jersey and delaware. The corporation serves these individuals and others with health care programs and services ranging from community health education and preventive medicine to complex and specialized care requiring advanced technology and highly expert staff. The corporation enthusiastically embraces its special responsibility to the most vulnerable residents in its primary service area and to the members of the jewish community. The corporation reflects the values of the jewish community by caring for any person regardless of race, religion, national origin, or the ability to pay. The corporation's educational commitment includes providing health education to the community, and training and educating medical school students, graduate and practicing physicians, and other health care professionals. The corporation also supports clinical research for the purpose of enhancing the quality of patient care and advancing the science of medicine. In response to the covid-19 pandemic outbreak within the philadelphia and montgomery county communities during march of 2020, in accordance with its policy and procedure regarding disaster response, albert einstein healthcare network established a covid-19 incident command center that comprised a multi-disciplinary team of clinical and administrative leadership. The task of the command center was to provide rapid mobilization related to surge planning, prompt decision making and a coordination of personnel, equipment, and personal protective equipment (ppe). Through the actions of the command center, covid-19 resources were established (such as, negative pressure rooms, conversion of anesthesia equipment to ventilators, nursing spaces with positive air flow) to create safe areas to treat covid-19 patients while at the same time protecting the care teams, staff and other patients. These actions allowed the network and its affiliated subsidiaries to continue to respond to the community needs in various ways during fiscal year 2022: - the network treated covid-19 positive or clinically suspected patients within its inpatient facilities between july 1, 2021 and june 30, 2022. - operated covid-19 testing sites within its community practices. - operated community covid-19 vaccination sites. - participated in a city-wide collaboration on covid patient load leveling and education. - collaborated with army medical reserve. - converted outpatient in-person professional practice based visits to telehealth visits. - provided education for community through various outreach channels. Moss-rehab opened one of the first units in the united states to serve covid-19 infected patients and associated rehab needs. The core+ unit started april 4th, 2020. The unit serves patients in the acute phase of covid19 infection with rehabilitation needs. Core+ is a specialized rehabilitation care environment developed to treat patients who are recovering from covid-19 while still potentially contagious. Staff is trained in the use of safety equipment and in the provision of this care safely.”

“The organization is an affiliate within thomas jefferson university/jefferson health ("network"); a comprehensive professional university and tax-exempt integrated healthcare delivery system ("system"), with a tripartite mission of education, research and patient care. Albert einstein healthcare network ("aehn") has entered into a common paymaster and payroll reporting agent relationship with a related organization, albert einstein medical center ("aemc"). As such, aemc issues all required forms w-2 related to the employees of aehn.”

“Kenneth d. Levitan is an officer and voting member of this organization's governing body; an uncompensated position. Mr. Levitan is also the president and chief executive officer of albert einstein medical center; a related internal revenue code section 501(c)(3) tax-exempt organization. His common law employer/employee relationship is with albert einstein medical center. Accordingly, albert einstein medical center filed a 2021 federal form 4720 which included a remittance of excise tax related to mr. Levitan's compensation in excess of $1m. Gerard f. Blaney is an officer of this organization's governing body; an uncompensated position. Mr. Blaney is also the chief financial officer of albert einstein medical center; a related internal revenue code section 501(c)(3) tax-exempt organization. His common law employer/employee relationship is with albert einstein medical center. Accordingly, albert einstein medical center filed a 2021 federal form 4720 which included a remittance of excise tax related to mr. Blaney's compensation in excess of $1m. Steven l. Sivak, m.d. Is an officer and voting member of this organization's governing body; an uncompensated position. Dr. Sivak is also the chief medical officer of albert einstein medical center; a related internal revenue code section 501(c)(3) tax-exempt organization. His common law employer/employee relationship is with albert einstein medical center. Accordingly, albert einstein medical center filed a 2021 federal form 4720 which included a remittance of excise tax related to dr. Sivak's compensation in excess of $1m.”

“Other changes in net assets or fund balance include: - asset revaluation - ($52,173).”

“The organization is an affiliate within thomas jefferson university/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's parent entity is thomas jefferson university ("tju"). An independent certified public accounting ("cpa") firm audited the consolidated financial statements of the system for the fiscal years ended june 30, 2022 and june 30, 2021; respectively and issued a consolidated audited financial statement. An unmodified opinion was issued each year by the independent cpa firm. Tju's finance, assurance & compliance committee has assumed responsibility for the oversight of the audit of the consolidated financial statements, which includes the selection of an independent auditor.”

“Description:purchased services total fees:8537028”

“Description:consulting fees total fees:3848831”

“Description:maintenance fees total fees:491329”