Franciscan Aco Inc

“The organization's sole member is franciscan alliance, inc.”

“Those individuals who are elected or appointed as members of the executive committee of the board of trustees of franciscan alliance, inc. Shall, by virtue of such election or appointment, be members of the board of directors of franciscan aco, inc.”

“Certain powers have been reserved to the members. These powers include: (a) approving annual operating and capital budgets; (b) approving a nonbudgeted capital expenditure in excess of $500,000. (c) approving debt incurred which matures more than one year after its original issuance; (d) approving the disposition of any asset having an accounting book value in excess of $500,000; (e) approving the long-range financial and strategic plan; (f) approving and amending the by-laws or articles of incorporation; (g) approving any major capital improvement project having a value in excess of $500,000; (h) approving, interpreting and changing any statement of mission, philosophy, role and purpose; (i) approving the merger, dissolution, consolidation or reorganization of the corporation; (j) approving the acquisition, sale, lease, transfer or other alienation of property of the corporation, other than in the usual and regular course of business, when such acquisition, sale, lease, transfer or other alienation is above the specified financial levels set in accordance with policies established from time to time by the member; and (k) taking any action, which would be inconsistent with the governing documents or policies of franciscan alliance, inc.”

“The information to prepare the form 990 of franciscan aco, inc. Is gathered by finance staff and provided to its accounting firm who prepares the return. Senior management then reviews the return prior to filing. The form 990 is also made available to franciscan aco's board of directors prior to filing.”

“The corporation and/or an affiliate requires annual conflict of interest statements from each director, principal officer, and members of committee with board designated powers which affirms that they have received, read, and understand the conflict of intersest policy and have agreed to comply with the policy. In connection with any actual or possible conflict of interest, a director, principal officer, or member or a committee with board designated powers must disclose the existence and nature of the financial interest to the directors and members of committees with board designated powers considering the proposed transaction or arrangements. After disclosure of the financial interest, the director, principal, or committee member shall leave the board or committee meeting while the financial interest is discussed and vote taken. In addition, ongoing reviews and assessments are made to certain that the corporation operates in a manner consistent with its charitable purposes. In conducting the ongoing reviews and assessments, the corporation uses internal and external advisors.”

“Franciscan aco, inc. Does not compensate any of its officers.”

“Franciscan aco aligns physicians, practices, hospitals and payers to improve access to innovative, high quality, value driven care which strives to put the patient at the center. Building on more than a decade of success, franciscan aco continues to work to improve and transform care to support patients living longer and better lives. Towards that effort, the aco works to refine and improve areas such as education, engagement, data analytics and support to both patients and providers in key areas: . Partnering with a wide variety of providers specialties to meet patient needs, with an emphasis on primary care providers; . Collaborating on care management across a patient's experience of care, including post-acute needs, with enhanced support for high risk or medically complex patients; . Emphasizing and focusing on preventive care and wellness; . Enhancing communications to integrate care and clinical coordination between the patients care team, the hospital, the community, and the payers; . Supporting the use of evidence based best practices to reduce variabilities in care when appropriate; . Committing to and delivering improvement in measurable, standardized performance-based key health care outcomes to enhance both the patient and provider experiences of care.”

“Description:repairs and maintenance total expenses:27269 program services:27269”

“Description:other expenses total expenses:398695 program services:398695”

“Description:shared savings distribution total expenses:31523912 program services:31523912”