Knapp Medical Group

“Knapp medical center is the sole member of knapp medical group.”

“The member shall appoint each succession to a director whose term has expired.”

“Action reserved to the member: the following matters are reserved solely to the member and, following consultation with the board of directors shall require the affirmative action of the member to be effective: (a) approval and adoption of annual operation and capital budgets of the corporation; (b) any financial expenditure which deviates from the corporation's annual operation and capital budgets if the sum of such financial expenditure and the sum of all prior financial expenditures which themselves deviate from the corporation's annual and capital budgets,per fiscal year, exceed $5,000,000; (c) the sale, lease, mortgage, or other transfer or encumberance of the real property of the corporation; (d) any sale, lease, mortgage, or other transfer or encumberance (collectively, "transfer") of the personal property and assets of the corporation, out of the ordinary course of business of the corporation, if the sum of such transfer and the sum of all prior transfers, per fiscal year, exceed $5,000,000; (e) any merger, acquistion, consolidation, or dissolution of the corporation; (f) borrowing or lending of money or the creation of indebtness through the guaranty of another's debt or similar action; (g) giving or seeking of grants; (h) settlement of claims or litigation; (i) appointment and removal of directors in accordance with article 3 of these bylaws; (j) appointment and removal of officers in accordance with article 4 of these bylaws; (k) creation, ownership or acquisition of, or affiliation with, any other organization; (l) approval of any strategic plan, business plan, or mission plan of the corporation; (m) contracts in which the corporation assumes financial risk, including but not limited to managed care contracts, and physician practice acquisition contracts; and (n) approval and adoption of the salaries, compensation and other benefits to be paid to physicians employed by the corporation.”

“The organization engages an outside accounting firm to prepare form 990. Once prepared, the organization's accountants review the form prior to filing.”

“The organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request.”

“The conflict of interest policy is monitored by the review of questionnaires that officers, directors, and key employees complete annually.”

“Although the organization has answered "no" to question 11a, the organization will be providing a copy of the filed form 990 to the board shortly after the return has been filed.”

“A related organization uses the following methods to establish compensation: written employment contract compensation survey or study officer compensation is established by prime healthcare management inc (phmi) in accordance with a management agreement with knapp medical center which is the controlling member of knapp medical group. Written employment contracts are forwarded to the facility once executed. Compensation survey or studies are utilized.”

“Although the organization has answered "no" to having a written whistleblower policy and written document retention and destruction policy, the organization follows the policies of the related organization and sole member, knapp medical center.”