Bon Secours - St Francis Medical Center Inc

“Bon Secours Mercy Health, Inc. is the sole member of Bon Secours Richmond LLC which was formerly Bon Secours Richmond Health Corp, a nonprofit tax exempt organization prior to conversion. Bon Secours Richmond LLC holds the majority interest in Bon Secours - Richmond Health System, which in turn is the sole member of Bon Secours - St. Francis Medical Center.”

“The governing body of Bon Secours - St. Francis Medical Center is appointed by its member Bon Secours - Richmond Health System and subject to approval by Bon Secours Mercy Health, Inc.”

“Certain authorities of Bon Secours - St. Francis Medical Center are reserved to its member or to Bon Secours Mercy Health, Inc.”

“The Form 990 is prepared by BSMH's tax department and reviewed by management. Upon review, the Form 990 is then forwarded to the local system's independent Audit and Compliance Committee for review and approval. 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.”

“The organization regularly and consistently monitors compliance with the conflict of interest policy. On an annual basis, all persons subject to the policy, including all officers, directors and key employees are required to make certain disclosures. These include disclosures related to certain personal, financial and organizational relationships that may present a conflict, or the appearance of a conflict of interest with the organization. All disclosures go through a three-part review process: (1) disclosures are reviewed first by the corporate responsibility officer (CRO); (2) a governance team comprised of the CEO, board president, board chair, CRO, and the BSMH CRO participate in a second review of all disclosures during which recommendations are made as to the resolution of any conflicts or potential conflicts. Depending on the facts and circumstances, resolutions may include ongoing disclosure, recusal or removal of the conflict; and (3) all disclosures and recommendations are reviewed by a board committee (audit and compliance committee reviews the disclosures of management and the governance committee reviews the disclosures of the board and board committee members).”

“The compensation committee of the board of Bon Secours Mercy Health, Inc. (BSMH) engages in a comprehensive process for the oversight and management of remuneration for executive employees and disqualified parties of BSMH. The compensation committee consists of a group of independent board members and engages an independent external compensation consultant to ensure they receive appropriate analysis of market and follow the practices necessary to obtain full compliance with the IRS's rebuttable presumption of reasonableness. The committee establishes and maintains a compensation philosophy; reviews pay practices against local, regional and national healthcare organizations and approves all remunerative decisions for this group of individuals. The committee reviews and receives assurances that all levels of pay within the organization are reasonable based on performance and validates incentives are met. These decisions are documented in the BSMH board of director's and compensation committee minutes. Compensation Process Other Officers/Key Employees: For those key employees and highest paid employees that are not reviewed by the BSMH compensation committee, the process included a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision. In the review, the other officers or key employees of the organization were compared to other hospitals' employees in the area that hold the same title. During the review and approval of the compensation, documentation of the decision was recorded in human resources.”

“The filing organization makes all documents available to the general public upon request.”

“The governing bodies of the following entities are comprised of the same board members and board officers (Chairman, President, Secretary and Treasurer): - Bon Secours St. Mary's Hospital - Bon Secours St. Francis Medical Center - Bon Secours Memorial Regional Medical Center - Richmond Community Hospital - Chesapeake Hospital Corporation - Chesapeake Medical Group The entities listed above and the parent organization to these entities, Bon Secours Richmond Health System, Inc. (RHS), established a mirror board. The action aligned the board members and board officers of RHS and the listed entities. Hours reported on Form 990, Part VII represents total hours worked per week. These hours may include time spent as an employee of the organization and any hours spent serving as a volunteer board member. Any compensation paid to these individuals is payment for their employment with the filing organization or related organization. Volunteers are not paid for their time. Sr. Anne Marie Mack, Sr. Victoria Segura, and Sr. Rose Marie Jasinski do not receive payroll distributions as they have taken vows of poverty.”

“Purchased Services - Intercompany: Program service expenses 24,448,241. Management and general expenses 2,716,471. Fundraising expenses 0. Total expenses 27,164,712. Physician Fees: Program service expenses 6,475,244. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,475,244. Billing and Collections: Program service expenses 2,909,144. Management and general expenses 323,238. Fundraising expenses 0. Total expenses 3,232,382. Security Services: Program service expenses 20,323. Management and general expenses 2,258. Fundraising expenses 0. Total expenses 22,581. Other Purchased Services: Program service expenses 30,663,724. Management and general expenses 3,407,080. Fundraising expenses 0. Total expenses 34,070,804. Maintenance and Service Agreements: Program service expenses 1,786,500. Management and general expenses 198,500. Fundraising expenses 0. Total expenses 1,985,000. Consulting: Program service expenses 856,875. Management and general expenses 95,208. Fundraising expenses 0. Total expenses 952,083. Contracted Nursing and Ancillary Tech Staff: Program service expenses 2,024,527. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,024,527. BSHSI Mgt. Alloc.: Program service expenses 0. Management and general expenses 7,015,835. Fundraising expenses 0. Total expenses 7,015,835.”

“Transfers to Affiliates - Bond related -3,431,045.”