Genesis Healthcare System

“Franciscan sisters of christian charity sponsored ministries, inc., and bethesda care system are the members of the organization.”

“The members of the filing organization, have the right to elect or appoint one or more members of the organization's governing body, whether periodically, or as vacancies arise, or otherwise.”

“The members of the filing organization, have the right to approve or ratify decisions of the organization's governing body such as approval of the governing's body's decision to dissolve the organization.”

“The 990 is reviewed by the cfo and made available to the board of directors in its entirety for review.”

“All potential conflicts of interest of board members and officers must be disclosed to the board of directors and the board will determine if a conflict exists and appropriate procedures to mitigate the situation, such as alternative transactions and participation and voting restrictions. The compliance officer monitors and enforces these policies. All officers and directors review and sign a conflict of interest disclosure statement annually.”

“The compensation of the ceo is managed through a third party that is a nationally recognized firm specializing in compensation benchmarking and analysis. The firm is recognized for their expertise in evaluating total compensation at the executive level. This firm presents their recommendations and analysis to the compensation committee, which is made up of independent members of the genesis board of directors. The committee is responsible for making a recommendation to the board of directors regarding the executive compensation policy and specific components of the total compensation of the ceo. The ceo is actively involved in the review, analysis and recommendation related to the total compensation for the remaining members of the senior leadership team. The ceo determines the compensation of the senior leadership team members within the parameters established by the compensation committee. This compensation process was last completed in 2022.”

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

“Professional fees: program service expenses 3,099,006. Management and general expenses 6,192,365. Fundraising expenses 0. Total expenses 9,291,371. Medical services fees: program service expenses 28,062,478. Management and general expenses 22,861. Fundraising expenses 0. Total expenses 28,085,339. Laundry services: program service expenses 19,099. Management and general expenses 1,487,694. Fundraising expenses 0. Total expenses 1,506,793. Sponsorship fees: program service expenses 0. Management and general expenses 2,268,540. Fundraising expenses 0. Total expenses 2,268,540. Billing services: program service expenses 0. Management and general expenses 2,039,759. Fundraising expenses 0. Total expenses 2,039,759. Inpatient transport: program service expenses 134,311. Management and general expenses 1,770,706. Fundraising expenses 0. Total expenses 1,905,017. Black lung clinic services: program service expenses 2,278,022. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,278,022. Consulting fees: program service expenses 465. Management and general expenses 3,125,558. Fundraising expenses 0. Total expenses 3,126,023. Courier services: program service expenses 0. Management and general expenses 712,113. Fundraising expenses 0. Total expenses 712,113. Imaging services: program service expenses 578,316. Management and general expenses 0. Fundraising expenses 0. Total expenses 578,316. Information service fees: program service expenses 2,936,404. Management and general expenses 8,740. Fundraising expenses 0. Total expenses 2,945,144. Laboratory fees: program service expenses 4,584,363. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,584,363. Patient services: program service expenses 43,366. Management and general expenses 170,155. Fundraising expenses 0. Total expenses 213,521. Maintenance contracted services: program service expenses 1,284,909. Management and general expenses 11,179,091. Fundraising expenses 0. Total expenses 12,464,000. Infectious waste removal: program service expenses 0. Management and general expenses 91,487. Fundraising expenses 0. Total expenses 91,487. Food & nutrition services: program service expenses 0. Management and general expenses 647,373. Fundraising expenses 0. Total expenses 647,373. Pharmaceutical fees: program service expenses 2,301,141. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,301,141.”

“Transfers to/from affiliates -71,817,833. Change in pension due to settlements 5,144,309. Assets released from restriction 3,000,000.”

“The finance committee oversees the audit of the financial statements and is involved in the selection of the independent accountant which completes the audit. This process has not changed from the prior year.”

“This is the parent return for a group: genesis healthcare system group return, ein: 31-1773259”