Marion General Hospital Inc

“The organization incorporates numerous parties into the production and review of the Form 990 and associated schedules. Finance department staff and management complete the Form 990 and schedules. The forms and schedules are reviewed in detail by the Administrative Director of Finance, Chief Financial Officer and President/CEO. The organization engages BKD LLP to review the completed Form 990 and associated schedules. Prior to filing the return, the Finance Committee of the Board of Directors reviews the 990, and the Board of Directors also receives a copy.”

“Every year each director, officer and member of a committee with board of directors delegated powers, are required to sign a statement which affirms that such person has received a copy of the conflicts of interest policy, has read and understands the policy, agrees to comply with the policy, and understands that the corporation is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. In connection with any actual or possible conflicts of interest, a determination is made by the remaining board of directors or committee members in attendance and who are eligible to vote. If a conflict does indeed exist, the person is required to leave the meeting during the discussion of, and the vote of, the transaction or arrangement that results in the conflict of interest.”

“To support the mission, vision, and values of marion general hospital, inc. ("mgh") and the charitable purpose for which it exists, the executive total compensation program is designed and administered to ensure that mgh can attract, retain and motivate highly-talented executives. Executives are placed with appropriate salary ranges based on the executive's knowledge, competencies and experience, performance, importance of retaining the executive, internal equity considerations and financial resources available. The organization uses the compensation committee of the board of directors to review compensation packages, and also engages independent compensation consultants to prepare surveys or studies to ensure that the executive total compensation is reasonable and competitive. This process is undertaken on an annual basis.”

“The organization's financial statements, governing documents, and conflict of interest policy are kept on site and are available to the public upon request. The financial statements are distributed quarterly to the electronic municipal market access (emma) website as part of the continuing disclosures for the marion general hospital, inc. Bonds. Reconciliation of net assets part xi, line 9 pension related changes $2,134,642”

“Part III, Line 4d Marion General Hospital is a not-for-profit, 97-bed, acute care, rural, sole community hospital located in Grant county, Indiana. MGH provides healthcare services throughout Grant County (includes Marion, Fairmount, Upland, Gas City and Swayzee) and in Miami County (Converse), Indiana. Administrators and staff of Marion General Hospital believe everyone should have access to healthcare and continue to address ongoing financial challenges to meet the healthcare needs of our community. Clients and families receive impartial access to treatment, available healthcare accommodations and medically indicated services regardless of race, creed, sex, national origin, or source of payment for care. In addition to the inpatient services, radiology services and emergency room services previously described, Marion General Hospital also provides ambulance, anticoagulation clinic, medical oncology, cardiovascular, cardiac cath lab, CHF clinic, cardiac REHAB, laboratory, observation, neurodiagnostic, surgery, physical, speech and occupational therapy, and wound clinic services. Marion General Hospital continues to provide hospitalist services 24/7, as well as interventional cardiology services performed by St. Vincent Medical Group providers right here at Marion General Hospital.”

“PART VI, LINE 1B Paul L. Usher is compensated as an employee of the organization. Dr. Karen Jacobs and Dr. M. Nabi Sharif are compensated as independent contractors for on-call services. Dr. Shankaran Srikanth, Dr. Jeffrey Bragg and Dr. Esther Fox are compensated as employees of the organization. PART VI, LINE 5 In March 2012, a contracted manager devised a scheme to defraud the corporation. The individual used his or her limited authority to authorize payment of certain expenses to divert funds from the corporation under false pretenses to other organizations or individuals. The corporation became aware of the diversions pursuant to a regular review of business records. Upon investigation of the matter, the relationship with the individual was terminated. The corporation has also pursued the matter with the management company, and reported the matter to authorities. The estimated amount of losses stemming from the diversion was between $250,000 and $300,000. The corporation has subsequently instituted more stringent procedures regarding the approval of vendors and authorization of payments to prevent similar occurrences.”