Phoebe Physician Group Inc.

“The sole member of phoebe physician group, inc. Shall be phoebe putney health system, inc. (pphs).”

“The board of directors of pphs, the parent organization, shall appoint all directors of the filing organization.”

“The sole member, pphs, shall have the following responsibilities: - the member shall appoint or remove the organization's directors. - the member shall select or remove the organization's officers. - the member shall approve all amendments to the organization's articles of incorporation and bylaws before they may become effective. - the member shall approve any annual operating or capital budgets. - the member shall appoint or remove the independent auditors.”

“The independent accounting firm that prepares the form 990 (based upon information provided by the organization) provides a complete copy of the return with applicable schedules to be reviewed by management. Management performs a detailed review which consists of reviewing the financial data, the narratives disclosed, and other facts presented on the return. Upon review, the form 990 is then forwarded to the finance committee for their review, to gain their comments and approval. Upon approval from the finance committee, the form 990 and related schedules are provided to all board members for review and feedback. Once the form 990 is reviewed by all applicable parties, a copy of the final version is provided to all members of the governing body prior to filing with the internal revenue service.”

“On an annual basis, phoebe physician group, inc. (ppg) board members as well as all officers complete a conflict of interest questionnaire. This questionnaire is administered by the pphs compliance department and the document asks each individual to disclose any personal, business, or other affiliations and monetary amount if applicable that they or their immediate family members have had within the past 12 months with ppg or any related entities. All responses are then evaluated by the pphs compliance department. In the case of an existing conflict, the individual with the conflict of interest is excluded from the discussion and approval to such transactions.”

“The organization makes available to the public its conflict of interest and audited financial statements on the organization's website, by providing copies upon request, and by inspection at the administrative offices of the organization.”

“Contract staffing 10,052,232 1,769,044 0 contract services 5,957,894 7,193,861 0 consulting fees 72,339 247,575 0 collection fees 416,532 0 0 direct patient services 1,137,434 0 0 total 17,636,431 9,210,480 0”

“Lease accounting asc 842 conversion -732,385 the change in net assets is the result of noncash transactions as detailed above. In february 2016, the fasb issued asu no. 2016-02, leases (topic 842), which is a new comprehensive lease accounting model. The new standard clarifies the definition of a lease and requires lessees to recognize right-of-use assets and related lease liabilities for all leases with terms greater than twelve months. As part of the transition to the new standard, the corporation was required to measure and recognize leases that existed at august 1, 2019 using a modified retrospective approach. The corporation applied the new standard at the adoption date and recognized a cumulative- effect adjustment to the opening balance of net assets in the period of adoption.”