Thomas Health System Inc

“The system's finance committee is responsible for financial management of the organization. The 990 is reviewed by the organization's cfo as part of the finance committee. The 990 is then discussed with the system's finance committee and a copy is provided to all board members before it is filed with the irs.”

“The organization regularly and consistently monitors and enforces compliance with our written conflict of interest policy by asking annually that all trustees, officers and employees (managers) who have decision making/purchasing authority disclose any potential conflicts of interest. Disclosure forms are signed annually then logged onto a spread sheet that identifies any potential conflicts.”

“The executive compensation committee, comprised of members who are free of any conflicts of interest, adheres to a disciplined process for reviewing compensation for senior executives to ensure that the compensation is reasonable. The committee has retained an independent consulting and advisory firm, pricewaterhousecoopers (pwc), to provide appropriate market data as to comparability. The committee reviews comparability data and other relevant evidence and approves the compensation of senior executives; provided, however, that in the case of the ceo, the board, after review of the comparability data and other relevant evidence, including a recommendation from the committee, has the final approval with regard to the ceo's compensation. Only those board members who are free of conflicts of interest vote on the ceo's compensation. All compensation decisions, including the comparability data reviewed and any other relevant information considered, are contemporaneously documented in meeting minutes.”

“The system makes its governing documents, conflict of interest policy and financial statements available to the public upon request. These documents are maintained in the administrative offices of the hospital and are provided via copy upon request. The documents also can be reviewed on site at the hospital upon advance notice.”

“Thomas health system, inc. Is the common paymaster for herbert j. Thomas memorial hospital, inc. Dba thomas memorial hospital, charleston hospital, inc. Dba st. Francis hospital and ths physician partners, inc. The employee compensation and benefit expenses are reported on the financial statements for each entity. The total number of w-2s filed by thomas health system for all entities is reported on part v, line 2a.”

“Administrative purchased services: program service expenses 22,519. Management and general expenses 10,408. Fundraising expenses 0. Total expenses 32,927. Other purchased services: program service expenses 1,421,291. Management and general expenses 656,924. Fundraising expenses 0. Total expenses 2,078,215. Direct dept administrative services: program service expenses 1,787,959. Management and general expenses 826,399. Fundraising expenses 0. Total expenses 2,614,358. Linen services: program service expenses 441,776. Management and general expenses 204,190. Fundraising expenses 0. Total expenses 645,966. Maintenance services: program service expenses 2,426,437. Management and general expenses 1,121,504. Fundraising expenses 0. Total expenses 3,547,941. Patient services: program service expenses 2,943,154. Management and general expenses 1,360,332. Fundraising expenses 0. Total expenses 4,303,486. It services: program service expenses 3,531,761. Management and general expenses 1,632,387. Fundraising expenses 0. Total expenses 5,164,148. Accounting services: program service expenses 180,174. Management and general expenses 83,277. Fundraising expenses 0. Total expenses 263,451. Other consulting services: program service expenses 199,333. Management and general expenses 92,132. Fundraising expenses 0. Total expenses 291,465.”

“Equity transfer -8,191,157.”