Lourdes Cardiology Services PC

“The sole member of lourdes cardiology services pc is our lady of lourdes health care services, inc. See line 7 for additional information.”

“Our lady of lourdes health care services, inc. Is the sole member of lourdes cardiology services pc. Our lady of lourdes health care services, inc. Has the right to appoint all persons to the board of trustees of lourdes cardiology services pc.”

“As sole member, our lady of lourdes health care services, inc. Must approve certain decisions of the governing body, including the strategic plan, and annual operating budget. Our lady of lourdes health care services, inc. Must also approve significant changes such as a merger, dissolution, sale of assets in excess of certain limits, a material change in mission, and modifications to governing documents.”

“Prior to filing, the form 990 for lourdes cardiology services pc is reviewed by senior management. In addition, certain key sections of the form are reviewed by the our lady of lourdes health care services audit and ethics committee. The board receives a copy of the return in its final form before it is filed with the internal revenue service.”

“The organization has adopted our lady of lourdes health care services, inc.'s ("ollhcs") policy as0045adm which sets forth the organization's conflict-of-interest policy and processes. Annually, all those serving the organization in a fiduciary capacity, including trustees, officers, members of committees with board delegated powers, key employees, physician chiefs, department heads or medical directors receive a copy of the policy and annual disclosure statement to be completed. Disclosures of financial interest or other reportable circumstances as defined in the policy are submitted and reviewed by the organization's ceo and board chair of ollhcs. Summary information is reported to the entire ollhcs board and available to the ollhcs board throughout the year as business comes before the ollhcs board or management for action. The policy contains a continuing affirmative obligation on all affected individuals to disclose compensation or other circumstances throughout the year which may rise to the level of an actual or apparent conflict. The determination of whether a disclosed financial or other interest constitutes a conflict of interest is made by the ollhcs board or an appropriate committee thereof comprised of disinterested persons and without the participation of the affected individual except to respond to questions about the disclosure. The policy further addresses the procedure for the ollhcs board's further consideration of the proposed transaction/matter without the participation of the affected person and the documentation of the proceedings. Lastly, the policy addresses potential disciplinary action for violations of the policy. The policy is available to the public upon request.”

“Compensation for physicians and other employees was evaluated by a third-party compensation consultant and approved by the board of directors of our lady of lourdes health care services.”

“Lourdes cardiology services pc is a subsidiary organization in the trinity health system. Trinity health makes certain of its key documents available to the public on its website, www.trinity-health.org, in the "about us" section. In this section, the consolidated audited financial statements are publicly available. Lourdes cardiology services pc's governing documents and conflict of interest policy are available upon request.”

“Medical specialist fees : program service expenses 178,188. Management and general expenses 19,799. Fundraising expenses 0. Total expenses 197,987. Consulting fees : program service expenses 104,143. Management and general expenses 11,571. Fundraising expenses 0. Total expenses 115,714. Collection services : program service expenses 207,963. Management and general expenses 23,107. Fundraising expenses 0. Total expenses 231,070. Other purchased services : program service expenses 11,034,367. Management and general expenses 1,226,041. Fundraising expenses 0. Total expenses 12,260,408. Recruitment : program service expenses 203. Management and general expenses 23. Fundraising expenses 0. Total expenses 226.”

“Lourdes cardiology services pc's financial statements were included in the fy14 consolidated financial statements of trinity health, which were audited by an independent public accounting firm.”