Lancaster General Medical Group

“Detail of members or stockholders the sole member of lancaster general medical group is lancaster general health. The sole member may initiate or implement any proposal with respect to any of the following; amendment of charter,certificate of articles of incorporation or bylaws; sale, purchase, lease or encumbrance with debt; the transfer of any assets of the corporation, excluding equipment; election or removal of the board of trustees of the corporation; the approval of the annual operating and capital budgets of the corporation; the approval of investment advisors, outside legal counsel, and auditors of the corporation; and the approval of non-budgeted expenditures. -------------------------”

“Detail of members or stockholders lancaster general health elects the board of trustees of lancaster general medical group. -------------------------”

“Detail of members or stockholders the sole member of lancaster general medical group is lancaster general health. The sole member may initiate or implement any proposal with respect to any of the following; amendment of charter, certificate of articles of incorporation or bylaws; sale, purchase, lease or encumbrance with debt; the transfer of any assets of the corporation, excluding equipment; election or removal of the board of trustees of the corporation; the approval of the annual operating and capital budgets of the corporation; the approval of investment advisors, outside legal counsel, and auditors of the corporation; and the approval of non-budgeted expenditures. -------------------------”

“Form 990 review process information related to this organization's form 990 filing is gathered and the return is prepared by finance staff. The vice president-controller and the assistant controller reviewed the form 990 and it was then provided to pricewaterhousecoopers llp for their review. In addition, the members of the governing body were given the opportunity to view the 990 online via the board portal system prior to the filing. -------------------------”

“Conflict of interest policy in order to ascertain and evaluate actual or potential conflicts, certain interested person are required to fill out a conflict of interest disclosure statement upon entering employment or becoming a trustee of lancaster general health or an affiliate, and others are also required to fill out such a statement on an annual basis. In addition to this requirement, all officers and trustees, regardless of whether or not they have filled out or have been asked to fill out a conflict of interest disclosure statement, have an ongoing affirmative duty to bring to the attention of lancaster general health, situations which may give rise to an actual or potential conflict of interest as described in the policy. -------------------------”

“Document retention and destruction policy the organization has the policies and procedures in place as mentioned in form 990, part vi, line 14. However, they are not currently approved by the governing board. -------------------------”

“Compensation process lancaster general health's executive compensation process includes the following review and action by the executive committee of the board of trustees which is comprised of independent trustees. An evaluation of performance against goals is conducted at the close of a fiscal year to determine the level of organizational and individual performance of the ceo and senior executives so as to determine merit and incentive pay actions. Market data for base salary,total cash compensation and total compensation is provided by an independent third party to the committee and reflects a market basket of similarly sized organizations with comparable executive positions. Upon review and discussion of the related data and information the committee takes action which is recorded in the meeting minutes which are then filed for future reference. -------------------------”

“Documents availability to the public lancaster general medical group does not make the governing documents, conflict of interest policy, or financial statements available to the public. -------------------------”

“Detail of officers, directors, trustees the hours noted in column (b) relate to the hours dedicated to the filing organization and/or to other organizations within the lancaster general health system. The hours disclosed relate to time served on a board and/or for services provided resulting in compensation paid. Members of the board are not compensated for their position on the board. Compensation disclosed relates to other services performed. The following individuals listed on form 990, part vii, section a either started or termed during the june 30, 2021 fiscal year: jan l. Bergen (term 02/28/21) f. Joseph byorick (term 01/06/21) john j. Herman (add 03/01/21) charmaine c. Rochester (add 11/30/20) as noted above, john j. Herman, trustee/chief executive officer joined the board on march 1, 2021, during the organization's fiscal year which runs from july through june. Compensation listed on form 990, part vii, section a and schedule j, part ii reflects compensation for calendar year 2020. --------------------------------”

“Detail of other changes in net assets related party transfers $73,984,345 interest in transfer 10,000 other non-operating income 56,603 ----------- total $74,050,948 ------------------------------”

“Audited financial statements the financial information for lancaster general health and its affiliates, including lanacaster general medical group was included in the university of pennsylvania's combined financial statements and audited on a consolidated basis. -------------------------”

“Inapplicability of schedule h although lancaster general medical group receives its public charity status as a hospital, it is not required to file form 990, schedule h, as the organization is not a licensed hospital. ------------------------------”