Children'S Anesthesiology Associates Ltd

“The sole member serves as the chairperson/president, without economic rights in the organization.”

“Certain directors on the organization's board are either appointed as a result of holding certain positions at chop or elected by non-member individuals affiliated with the organization.”

“Certain actions of the board of directors of the organization, such as amendment of the bylaws, are subject to approval by the children's hospital of philadelphia practice association (choppa), a section 501(c)(3) affiliate that coordinates many activities of the practice plans affiliated with the children's hospital of philadelphia.”

“A copy of this return was reviewed with the audit, compliance, and risk committee of the boards of chop and the children's hospital of philadelphia foundation before the return was filed. Before the return was filed, the form 990 was also made available to all members of the organization's governing body.”

“The children's hospital of philadelphia maintains a robust conflict of interest program and has a written conflicts of interest (coi) policy applicable enterprise-wide, including the hospital and its affiliates. The policy requires the submission of annual conflict of interest disclosures by trustees and officers of the hospital and its affiliates, members of senior management, members of the medical staff, researchers, and many others employed by or affiliated with the hospital and its affiliates. The annual disclosures cover information regarding gifts, outside interests, outside activities and other matters that may constitute a potential, perceived or actual conflict of interest, and require a certification that the respondent has read the coi policy and answered fully, accurately and to the best of the respondent's knowledge. The disclosures are tracked and reviewed by the office of compliance and privacy (ocp). The disclosures submitted by trustees, officers, and members of senior management (including key employees) are reviewed by the ocp and the office of general counsel (ogc) and summarized in presentations distributed to, and reviewed by, the members of the audit, compliance and risk committee of the hospital and foundation boards. Summary information about others' compliance with the requirement for submission of annual disclosures is provided annually to the audit, compliance and risk committee of the boards. Where appropriate, written coi management plans are put in place and compliance with the management plans is regularly monitored by the ocp.”

“The compensation of officers, key employees, and certain other individuals in key leadership positions, is reviewed and approved by an independent compensation committee of the board of trustees of the children's hospital of philadelphia. The committee reviews and approves in advance the compensation to be provided to officers, key employees, and certain other individuals in key leadership positions. This process was last performed in 2022. In making its determinations, the committee considers the performance of the enterprise and that of the covered individual as well as related business judgment factors. It also considers market comparison reports prepared by an external independent compensation consultant with significant experience in performing executive and physician compensation assessments for not-for-profit healthcare organizations. The committee's process is designed to qualify for the rebuttable presumption of reasonableness for those individuals who are disqualified persons. The peer group generally includes large and complex academic medical centers and health systems. Information from other organizations may also be considered where appropriate for the position.”

“Form 990 and financial statements are made available upon request. The conflicts of interest policy is available on the children's hospital of philadelphia's website.”

“To provide anesthesia and critical care for patients and educational, research and administrative services to the children's hospital of philadelphia and the university of pennsylvania school of medicine.”

“An audit is performed on the children's hospital of philadelphia foundation and the following controlled affiliates thereof: the children's hospital of philadelphia, the children's hospital of philadelphia practice association, chop clinical associates, inc., first medical insurance company, pgh development corporation, children's anesthesiology associates, ltd., children's anesthesiology associates of nj, inc., children's health care associates, inc., children's health care associates of nj, children's surgical associates ltd., children's surgical associates of nj, inc., surgical research and education foundation, radiology associates of children's hospital, inc., children's radiology associates of nj, p.c., and 1700 broad st. Inc.”