Methodist Medical Group Inc

“Methodist Medical Group is part of a multi-entity hospital system controlled by IU Health, 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 is 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 Methodist Medical Group, 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 Methodist Medical Group or any entity of which Methodist Medical Group is the sole or a controlling member or owns at least a majority of the outstanding stock ("Methodist Medical Group's Affiliates"); - Adoption or revision of any operating or capital budget of Methodist Medical Group or any of Methodist Medical Group's affiliates; - A merger or consolidation of Methodist Medical Group or any of Methodist Medical Group's affiliates; - Any sale, lease, exchange, conveyance, mortgage, pledge or other disposition of a substantial portion of the property, assets or interest of Methodist Medical Group or any of Methodist Medical Group's affiliates, other than pursuant to a budget approved by IU Health; - Any incurrence of debt by or any of Methodist Medical Group's affiliates, or the creation of any lien upon the property or revenues of Methodist Medical Group or any of Methodist Medical Group'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 Methodist Medical Group and of any of Methodist Medical Group'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 Methodist Medical Group 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.”

“The Secretary reviewed and approved the Form 990. Following the Secretary's review and approval, a complete copy of the Form 990 was made available to each board member prior to its filing. Each member was also informed of the availability of IU Health's Tax Department to answer any questions.”

“Methodist Medical Group is part of the IU Health system. As the sole member and controlling parent of Methodist Medical Group, IU Health and its Board of Directors have mandated that certain policies be followed to ensure greater standardization throughout the system. Thus, Methodist Medical Group'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 follows IU Health's Conflict of Interest Policy. IU Health's Conflict of Interest Policy includes the following provisions: All IU Health employees, associates, colleagues and contracted personnel, including employed physicians and paid medical directors ("IU Health Representatives") are covered by and subject to its Conflict of Interest Policy. IU Health regularly and consistently monitors and enforces compliance with the policy through the following procedures: (a) On an annual basis, each IU Health Representative at the level of Manager or above, together with every other person designated by the Corporate Compliance Department ("Department"), must complete, sign and submit a Conflict of Interest Questionnaire ("Questionnaire") to the Department. Governing board members, committee members, corporate officers, medical staff and researchers must comply with the administrative requirements noted in the respective policies and procedures relative to those areas. (b) An IU Health Representative must supplement a Questionnaire in writing, if after completion of the original Questionnaire, a situation arises, or may reasonably be expected to arise, that would change any answer or information on the original Questionnaire if the situation had existed or been anticipated at the time of completion of the original Questionnaire. (c) If a fully and properly completed Questionnaire reveals facts or other information that might reasonably indicate a Conflict of Interest or violation of the policy, the IU Health Representative completing the questionnaire must secure approval by his/her supervisor, evidenced in writing. (d) The Department will review each Questionnaire and determine whether a Conflict of Interest exists and, if so, whether and how it should or may be eliminated, avoided or managed in order to comply with the spirit of the policy and with the best interests of IU Health and its patients. In making the determination, the Corporate Compliance Department may consult with the IU Health Representative's supervisor and other appropriate individuals and groups. (e) The scope of the policy is not limited to those who are required to complete Questionnaires. If an IU Health Representative is involved in a situation or relationship that would constitute a violation of the policy in the absence of disclosure and approval as described above, then the IU Health Representative must disclose the matter to his/her supervisor, secure his/her supervisor's approval in writing, and disclose the matter to the Department. Otherwise, the IU Health Representative is in violation of the policy and subject to corrective action, up to and including termination. (f) The Chief Compliance Officer, in consultation with onsite Compliance personnel, may from time to time appoint standing or ad hoc committees to assist in resolving issues that arise under provisions of the policy.”

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

“Methodist Medical Group recorded the following other changes in net assets or fund balances in 2014: (Income)/Loss from Partnerships: -5,800”