Methodist Medical Group Inc

“Methodist Medical Group, Inc. is part of a multi-entity hospital system controlled by Indiana University Health, Inc., a 501(c)(3) exempt organization whose board is comprised of voting members, of which substantially all are independent community members.”

“Line 6: The sole member of Methodist Medical Group, Inc. ("MMG") is Indiana University Health, Inc. ("IU Health"), a 501(c)(3) tax-exempt hospital. Line 7a: The corporation may have up to eleven (11) voting directors that are elected or appointed as follows: - The Chief Executive Officer of IU Health, as the sole member, shall serve as a director of MMG, Ex Officio, with vote. - Two (2) directors shall be appointed for two-year terms by the members of Methodist Health Group, Inc., an Indiana nonprofit corporation and member of IU Health subject to the approval of IU Health. - Eight (8) directors shall be nominated by the nominating committee. Of these eight (8), two (2) shall be primary care physicians and two (2) shall be specialty care physicians, all of whom practice primarily at Methodist Hospital. The remaining ("community representatives") shall be community-based and completely independent of IU Health, as the sole member, and its affiliates, other than service, if any, on the board of directors of a nonprofit corporation. The names of all eight (8) nominees shall be submitted to IU Health, as the sole member, for election to terms of two (2) years each. If a nominee is rejected by IU Health, the nominating committee shall submit a new nominee. Line 7b: Notwithstanding any other provisions of the Articles of Incorporation, the following matters require the approval of IU Health, as the sole member, prior to implementation: -any amendment of the articles of incorporation or bylaws of MMG or any entity of which MMG is the sole or a controlling member or owns at least a majority of the outstanding stock ("MMG's Affiliates"); -adoption or revision of any operating or capital budget of MMG or any of the MMG's affiliates; -a merger or consolidation of MMG or any of the MMG's affiliates; -any sale, lease, exchange, conveyance, mortgage, pledge or other disposition of a substantial portion of the property, assets or interest of MMG or any of MMG's affiliates, other than pursuant to a budget approved by IU Health; -any incurrence of debt by MMG or any of MMG's affiliates, or the creation of any lien upon the property or revenues of MMG or any of MMG's affiliates, other than in such entity's ordinary course of business, or pursuant to a budget approved by IU Health, as the sole member. Notwithstanding any other provisions of the Articles of Incorporation, IU Health, as the sole member, shall have the power to direct the Board of Directors of MMG and of any of MMG's affiliates to do any of the following: -transfer property of such entity in amounts sufficient to pay the principal and interest on any obligation of IU Health, as the sole member; and -take such actions as are required in order for MMG to comply with the covenants contained in any financing document to which IU Health, as the sole member, is a party or under which it is bound.”

“Methodist Medical Group, Inc. has established the following process for reviewing Form 990: The Form 990 and related schedules are reviewed by the Secretary. After the Secretary approves the Form 990 and related schedules, a finalized complete Form 990 is made available to each board member on a protected intranet site prior to filing the form with the IRS. Each member is informed of the availability of the tax department to answer any questions.”

“Methodist Medical Group, Inc. ("MMG") is part of the Indiana University Health, Inc. ("IU Health") system. As the sole member and controlling parent of MMG, IU Health and its board of directors have mandated that certain policies be followed to ensure greater standardization throughout the system. Thus, MMG's Board of Directors was not required to separately adopt a conflict of interest, whistleblower, document retention and destruction and joint venture policies because IU Health's Board of Directors had already adopted and required these policies to be followed by its subsidiaries.”

“Methodist Medical Group, Inc. ("MMG") has a Conflict of Interest Policy, the purpose of which is, to protect MMG's interests when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or director. Each employee, including those employed by related entities, officer and member of the board of directors is required to annually sign a statement which affirms that such person (1) has received a copy of the conflict of interest policy; (2) has read and understands the policy; (3) has agreed to comply with the policy; and (4) understands and acknowledges that the Corporation is a tax-exempt 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. The policy requires all forms be submitted for review and approval. Failure to complete and update the questionnaire and failure to disclose interests that should be disclosed, may subject the individual to disciplinary actions, including dismissal. Board members with a conflict of interest cannot participate in any decision related to that conflict.”

“Methodist Medical Group, Inc.'s ("MMG") Articles of Incorporation are available to the public through the Indiana Secretary of State's web-site. MMG's conflict of interest policy is described on Form 990, Schedule O. MMG is a consolidated subsidiary in the consolidated financial statements for Indiana University Health, Inc. ("IU Health"). The consolidated financial statements for IU Health are available to the public through its bond filings.”

“During 2013, Methodist Medical Group, Inc. recorded the following other changes in net assets or fund balances: Income/(Loss) from Partnerships: -5,382”