Seacoast Regional Mri Inc

“Seacoast Regional MRI, Inc. (SRMRI) employs alliance Healthcare services as business manager, supervising all aspects of the provision of SRMRI's services. Services provided by alliance include: employing personnel, including technical staff to operate the equipment (but excluding physicians); providing, maintaining, and servicing MRI equipment; administrative services, including billing and collecting for services rendered, as well as remitting payments due.”

“Seacoast Regional Health Services (SRHS) is the sole member of SRMRI.”

“The SRHS board elects the members of the SRMRI board.”

“Approval by the SRHS board is required for the adoption of annual operating and capital budgets; for the merger or consolidation of the organization with any other corporation; for the formation or dissolution of the subsidiatires of the corporation; and for a decision to conduct any fundraising activities.”

“The Form 990 is prepared by staff, reviewed by an outside accounting firm and by the CEO and CFO. Once approved, a copy of the 990 is available to the board for review prior to filing.”

“The board of trustees and senior executives review the conflict of interest policy annually and complete a survey about possible conflicts of interest. Their answers are reviewed by the chairperson to determine if conflicts exist. If there is a conflict of interest on a particular issue, the chairperson requests that the individual abstain from voting at that time. The chairperson or secretary monitors surveys to ensure compliance.”

“Total compensation of the senior executive team is reviewed annually by an independent committee of that parent's (SRHS) board. The committee uses data received from an independent compensation consulting firm to determine the fairness and comparability of the compensation, and decides whether any changes are to be made. In addition, the committee agrees on benchmarks for executive bonuses at the start of each year, and reviews progress at the conclusion of the year to determine what bonuses are payable. Bonuses are included in total compensation during the salary review mentioned above.”

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

“As noted in various disclosures throughout this filing, Seacoast Regional Health System (SRHS) served as the sole Member of Seacoast Regional MRI, Inc. (SRMRI) for the period covered by this filing, October 1, 2017 to September 30, 2018 (fiscal year ended September 30, 2018). Effective March 1, 2019, pursuant to a plan of statutory merger, SRHS merged into SRMRI and Beth Israel Lahey Health, Inc. (BILH) became the sole Member of Seacoast Regional MRI, Inc.”