Reid Physician Associates Inc.

“Governing body and management each current director of reid physician associates is appointed as a director by the board of directors of reid hospital, which is comprised primarily of independent directors.”

“Governing body and management the corporation's only member is reid hospital & health care services ("reid hospital"), which is a 501(c)(3) organization.”

“Governing body and management reid hospital, as the corporate member of reid physician associates, may appoint and remove any director of the corporation.”

“Governing body and management pursuant to the bylaws of reid physician associates, reid hospital (as the corporate member of reid physician associates) holds certain reserved powers, which means that the board of directors of reid physician associates cannot exercise these powers without the approval of reid hospital.”

“Policies this form 990 was prepared and reviewed by an outside accounting firm before being presented to management for review. Following management's review, the form 990 was presented to the board for final review and approval before filing.”

“Policies every year all key employees, officers, and directors are required to disclose any potential conflict of interest relating to reid physician association and its affiliates. This information is reviewed by the organization's administrative staff and internal auditor. During the year each employee and officer is required to disclose any conflict of interest when it occurs. The board of directors is asked if there are any conflicts of interest issues before each and every board meeting.”

“Policies the board of directors of reid hospital has ultimate authority and responsibility for the compensation of reid physician associates directors, officers, and key employees. This responsibility extends to quality of services rendered, quality of its medical staff, quality of its leadership and other financial, legal, ethical, and operational considerations. As a service team providing human services, reid physician associates' people (leadership, medical staff, employees, and volunteers) represent the single most important asset possessed by the organization. More than any other factor (buildings, equipment, technology, etc.), the quality of human resources determines the quality of services ultimately provided to its patients and families. This commitment to quality and the stewardship of human resources serves as the foundation for reid physician associates employee relations posture. This applies to all aspects of employee relations at all levels. A compensation philosophy that attracts and retains qualified, high quality and committed employees at all levels is in the best interest of reid physician associates and those we serve. The president and ceo of reid hospital, appointed by reid hospital's governing board, is charged with the responsibility for developing and administering a compensation plan that reflects the previously stated philosophy and mission of reid physician associates. The compensation program addresses the following goals: 1.) the ability to attract an individual who is highly qualified by reason of professional education, past experience, and personal characteristics; 2.) appropriate recognition of performance (positive or negative); 3.) maintenance of motivation for further performance at a level of excellence; 4.) retention (when desired) of leadership expertise; and 5.) fairness. It is important to note that the issue of fairness relates to the community, reid physician associates, and the individual. The goal is not to minimize cost per se, nor to maximize income as a single objective. The goal is to achieve a compensation package that is fair to the community, fair to reid physician associates and fair to the individual. In meeting this fairness objective, physician compensation is evaluated and determined by the following factors: market conditions, geographic considerations, physician recruitment initiatives, third party consultations, legal review, and compensation surveys.”

“Disclosure the organization's governing documents, conflict of interest policy, & financial statements are made available upon request.”

“Organization's mission the mission of reid physician associates is to employ physicians and health professionals who promote community health through education, prevention of illness and injury, and the provision of quality, cost effective medical services to the public we serve. This mission is accomplished through 1.) the employment and retention of physicians, mid-level providers, and physician staff to advance its primary purpose of promoting community health; and 2) community health education and outreach programs for patients and community members, prevention of illness and injury, and provision and expansion of medical services for the public in a multi-county service area.”

“Statement of program service accomplishments in keeping with the shared commitment of reid physician associates and reid hospital to provide service to all members of our multi-county service area including the elderly, disabled, and poor, reid physician associates provides care regardless of ability to pay. Our services include those covered by the medicare and medicaid programs at below cost as well as discounted services for the poor in accordance with the hospital's financial assistance policy. In 2013, reid physician associates provided our community a total of 27,060 physician days, resulting in 348,410 patient encounters of which 175,091 were medicare and 35,486 were medicaid patient encounters. These patient encounters include 21,856 first time patients with 6,804 being medicare and 3,220 being medicaid patients, 27,571 hospital encounters with 19,198 being medicare and 3,155 being medicaid patients, 1,406 nursing home visits including 1,261 medicare and 91 medicaid patients and 1,033 births of which 694 were medicaid patients. Please note, payer breakdowns are estimated based off of proportion of gross charges for these payer types.”