HR Physician Services

“HOLY REDEEMER HEALTH SYSTEM, a related organization, is a member with reserve powers.”

“HOLY REDEEMER HEALTH SYSTEM, a related organization, is a member which had the power to elect or appoint one or more members of the governing body.”

“HOLY REDEEMER HEALTH SYSTEM, a related organization, is a member with reserve powers over governance decisions of the organization.”

“A copy of Form 990 (pdf format) is published in a secure internal website prior to filing. Members and officers of the governing body are notified by email, and each are issued an individual access code to retrieve the Form 990. They are given two weeks to review, question, and comment on the Form 990.”

“The organization regularly and consistently monitors, and enforces compliance to our conflict of interest policy. All officers, directors, and key employees reviews, acknowledge and sign annually, the organizations Conflict of Interest Policy statement. All are required to disclose annually any interests that could give rise to conflicts.”

“The Holy Redeemer Health System Board of Trustees through the committee that oversees executive and physician compensation periodically engages the services of Integrated Healthcare Strategies, a consulting firm with expertise in health care executive compensation, to review the external market data. The market data provides comparable compensation levels based on geography, revenue size and other factors to determine a market range for each executive. The results of their findings are shared directly with the Governance and Leadership committee of the Board of Trustees.”

“The Holy Redeemer Health Systems consolidated financial statements are available on DAC Bonds quarterly report. The organization's Form 990, financial statements, conflicts of interest policy and governing documents are made available to the public upon request. These are made available to individuals that makes a request in person, immediately after completing and signing a formal request form identifying themselves, providing their addresses and signing the form. All other written requests via mail or email from individuals, foundations or government agencies are honored within 30 days of receipt. Notice of annual public meeting of the corporation is advertised in local newspapers.”

“All compensation informations to all listed compensated persons in this section (except for Physician Staffs), due to "Common Paymaster" agreement with the Internal Revenue Service were reported under the Holy Redeemer Health Systems tax id #23-1534300 (also a related non-profit organization).”

“The Holy Redeemer Health System has a centralized and consolidated accounts payable processing for all related organizations listed in Schedule R. Payments for services and materials rendered to all the related organizations, including HR Physician Services, were consolidated and reported in Form 1099 to the Internal Revenue Service under the Holy Redeemer Health System tax id #23-1534300.”

“Dba: holy redeemer physician and ambulatory services dba: occupational health dba: redeemer cardiology dba: hr medical hospitalists dba: redeemer pathology dba: redeemer imaging dba: pre-admission testing dba: surgical assistant dba: holy redeemer family health center at cardone dba: holy redeemer family medicine dba: james w. Flanagan, md family medicine dba: holland medical associates dba: comprehensive breast care surgeons dba: holy redeemer surgical associates at meadowbrook dba: peds hospitalist dba: maternal fetal medicine dba: hr women's care of montgomery county dba: kramer ob/gyn and associates dba: millenium ob/gyn dba: deeney and associates dba: ob house physicians dba: house calls pa dba: emergency medicine dba: somerton family medical associates dba: radiation oncology dba: natural women's health dba: redeemer pulmonary services dba: pedicino primary health assoc dba: hospitalist iwa dba: redeemer medical and support care”

“The process and responsibility for oversight of the audit of financial statements and selection of independent accountant remain with the Legal and Audit Committee of the Board of Holy Redeemer Health System, and remains the same as in the previous year.”

“The Series 2014A Bonds were issued to finance the costs of the current refunding of all of the Authority's outstanding Health Care Revenue Bonds, the 1997 Series A (Holy Redeemer Health System) bonds which were originally issued by the Authority to finance and refinance the costs of various capital projects for the benefit of two Pennsylvania non-profit corporations - Holy Redeemer Health System, tax id#23-1534300 ("HRHS") and HR Physician Services, tax id#23-2696460 ("HRPS"), this filing organization - which are part of an integrated health and social service delivery system. The proceeds from the sale of the Series 2014A Bonds, together with other available funds of the HRHS and HRPS, will be used to: (i) currently refund all of the outstanding Series 1997 Bonds; (ii) fund a deposit to the Debt Service Reserve Fund established under the Bond Indenture in an amount sufficient to satisfy the Reserve Fund Requirement thereunder upon issuance of the Series 2014A Bonds; and (iii) pay certain costs related to the issuance of the Series 2014A Bonds.”

“The 2006 Bonds were issued to finance cost of various capital projects for the benefit of two non-profit corporations, Holy Redeemer Health System (HRHS) and Holy Redeemer Physician Services. The amounts reported in Schedule K is the total of the bonds issued for HRHS, tax id #23-1534300 and HRPS, tax id #23-2696460 (this filing organization). Proceeds from the sale of the 2006 Series-A bond will be use to: (1) finance, or reimburse the borrowers for, the cost of certain capital improvements to facilities of the borrowers; (2) fund a debt service reserve fund for the series 2006a bonds; (3) to pay certain costs related to the issuance of the series 2006a bonds (collectively, the "series 2006a project").”