Marion General Hospital Inc

“There are normally 15 members of the board, 13 of which are voting. There was one vacancy as of june 30, 2024, so there were 14 members of which 12 were voting members.”

“Stephanie hilton-siebert, dr. Stephen keller, dr. Shankaran srikanth, dr. Sirajabid khatib, and dr. James orrell are compensated as employees of the organization. Dr. M. Nabi sharif is compensated as an independent contractor. As a result, all the above individuals are considered non-independent board members. In addition, dr. Srikanth, dr. Orrell, tim dailey, and michael hotz are also considered non-independent due to the transactions listed on sch. L.”

“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 schedules. The forms and schedules are reviewed in detail by the administrative director of finance, chief financial officer and president/ceo. The organization engages forvis 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 conflict of interest, a determination is made by the remianing 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.”

“Hr evaluates other officer and senior leadership position salaries with comparable data available from the indiana hospital association.”

“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.”

“(Expenses $ 117,140,807 including grants of $ 145,247)(Revenue $ 116,293,974) MARION GENERAL HOSPITAL IS A NOT-FOR-PROFIT, 95-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 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.”

“Pension related changes - 994197; net periodic pension cost - -1774658; gain(loss) on jv - -160028;”