Indiana Regional Medical Center

“Pennsylvania mountains care network ("pmcn") is the sole corporate member of indiana regional medical center ("irmc").”

“The individuals who serve as directors of pmcn shall constitute the board of this corporation. Their term of office shall coincide with their term of office as directors of pmcn. Resignation or removal as a director of pmcn shall constitute resignation or removal as a director of this corporation.”

“Pmcn shall possess all of the rights of a member, as defined by the pennsylvania nonprofit corporation law, and shall exercise the following reserved powers with respect to this corporation: (a) amendment to the articles of incorporation or bylaws of this corporation; (b) the sale, lease or exchange of all or substantially all the property or assets of this corporation; (c) merger or consolidation of this corporation with any other corporation; (d) dissolution of this corporation; (e) approval of the operating and capital budgets for this corporation; and (f) any other matter relating to this corporation that by law requires the approval of the members of a nonprofit corporation.”

“The form 990 is prepared by an independent accounting firm based on the audited financial statements and information provided by the accounting department of the organization. Prior to filing, a draft of the 990 will be reviewed by top management and will be discussed at a meeting of the finance committee of the board of directors. A final draft is provided to the full board of directors.”

“Every member of the board, and every individual appointed to the board or board committees, as well as all key management personnel and physician leaders, are required to execute a conflict of interest disclosure statement, which will be updated at least on an annual basis or as additional conflicting interests arise. In addition, every member of the board will specifically acknowledge the conflict of interest policy and his/her attempt to abide by it by signing the acknowledgement form. Every board committee member, officer, key management employee, and physician leader is required to sign this acknowledgement as well. The acknowledgement and disclosure forms will be kept on file by the chief executive officer, and the chairman and vice-chairman will be familiar with the statements that are filed by board members in order to guide their conduct in the event a conflict arises. Every person covered by this policy shall submit in writing to the chief executive officer a conflict of interest disclosure statement listing all financial and conflicting interests. Each statement will be resubmitted with any necessary changes each year or as any additional conflicting or financial interests arise. The chairman of the board shall become familiar with all such disclosure statements in case a conflict arises. The vice chairman of the board shall be familiar with the disclosure statement filed by the chairman. Penalties for non-compliance: failure to comply with this policy shall constitute grounds for removal from office and, in the case of key management personnel, termination of employment.”

“Positions for officers and key employees are reviewed on an annual basis. Appropriate comparisons are made on a regional and national level in order to maintain a fair and equitable compensation structure. An external consultant is utilized to prepare comparative salary data for the board's review. All recommendations are approved by irmc's board of directors and documented in the board minutes.”

“Governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“Physicians fees: program service expenses 12,853,284. Management and general expenses 3,119,481. Fundraising expenses 0. Total expenses 15,972,765. Consultation fees: program service expenses 3,143,872. Management and general expenses 763,015. Fundraising expenses 0. Total expenses 3,906,887. Collections: program service expenses 1,186,250. Management and general expenses 287,902. Fundraising expenses 0. Total expenses 1,474,152. Purchased services: program service expenses 5,168,401. Management and general expenses 1,254,367. Fundraising expenses 0. Total expenses 6,422,768. Printing & microfilming: program service expenses 39,041. Management and general expenses 9,475. Fundraising expenses 0. Total expenses 48,516. Outside medical fees: program service expenses 1,398,019. Management and general expenses 339,298. Fundraising expenses 0. Total expenses 1,737,317. Maintenance services: program service expenses 2,228,255. Management and general expenses 540,796. Fundraising expenses 0. Total expenses 2,769,051. Recruitment services: program service expenses 432,787. Management and general expenses 105,037. Fundraising expenses 0. Total expenses 537,824.”

“Transfer (to)/from affiliates -23,751,890. Change in interest in indiana healthcare foundation 1,411,216. Change in pension and post-retirement liabilities 6,802,043. Other changes to net assets -1,081,714.”