UC Health

“Effective June 30, 2014, UC Health converted from a corporation to a limited liability company under the Ohio Revised Code. UC Health will continue operations as a single member limited liability company of UC Healthcare System. However, UC Health will no longer be required to file a separate Form 990 but will instead be included in the activity of UC Healthcare System.”

“UC Health has a single corporate member, UC Healthcare System.”

“UC Health has a single corporate member, UC Healthcare System, which has the ability to elect members to the governing body of UC Health.”

“A copy of the Form 990 has been provided to each of UC Health's Audit Committee Members. UC Health's Audit Committee demonstrated review of the Form 990 by a vote to approve the Form 990 for review by the full Board of Directors. The Form 990 is then provided to the Board Members for review, prior to filing.”

“On an annual basis and as new individuals are appointed or hired, the corporate internal audit department of UC Health conducts a survey which is distributed to all Board of Directors, physicians and management. The corporate internal audit department collects and reviews all responses, utilizing the assistance of legal counsel, as needed. The corporate internal audit department reports compliance with the policy and non-responses to the Senior Management and Audit Committee of UC Health.”

“UC Health utilizes information from independent compensation consultants and compensation surveys to determine the compensation of Senior Vice Presidents, the Chief Financial Officer, and the Chief Executive Officer. The compensation is approved by the Compensation Committee of the UC Health's Board. The compensation of the Chief Executive Officer is evidenced by a written employment contract. The compensation of all other individuals is also determined at fair market value.”

“The organization will provide any documents open for public inspection upon request.”

“Explanation of Compensation Paid to Joseph Broderick, M.D.: The compensation paid to Joseph Broderick, M.D. reflects payment for his services as a physician to UC Physicians Company, LLC, a disregarded entity of UC Health, not remuneration for his participation on the Board of Trustees of UC Health.”

“Explanation of Compensation Paid to William E. Hurford, M.D.: The compensation paid to William E. Hurford, M.D. reflects payment for his services as a physician to UC Physicians Company, LLC, a disregarded entity of UC Health, not remuneration for his participation on the Board of Trustees of UC Health.”

“Effective June 30, 2014, UC Health converted from a corporation to a limited liability company under the Ohio Revised Code. UC Health will continue operations as single member limited liability company of UC Healthcare System. However, UC Health will no longer be required to file a separate Form 990 but will instead be included in the activity of UC Healthcare System.”

“Purchased Services: Program service expenses 93,991,298. Management and general expenses 13,449,398. Fundraising expenses 0. Total expenses 107,440,696. Service Contracts: Program service expenses 20,610,766. Management and general expenses 5,152,692. Fundraising expenses 0. Total expenses 25,763,458. Consulting, Bank, Billing Fees: Program service expenses 8,839,494. Management and general expenses 2,209,873. Fundraising expenses 0. Total expenses 11,049,367.”

“Change in Pension Liability 18,677,605. Transfer of Net Assets to UC Health Foundation -9,104,164. Change in Fair Value of Derivative 150,231. Transfer of Net Assets to UC Healthcare System -687,047,105.”