Healthcare Information and Management Systems Society

“More than 123,000 individual members, of which 85% work in health and wellness provider, payer, market supplier and not-for-profit health services organizations. Himss also has more than 5,500 corporate members and approximately 600 not-for-profit organizations that share our mission to reform health and wellness globally through information and technology. Members do not receive any share of the organization's profit.”

“Management, including the chief financial officer and vice president, finance, provide information to himss's tax advisor to prepare the form 990. Management reviews the return and provides it to the himss board of directors for review prior to filing with the internal revenue service.”

“Board members and key employees are required to complete a conflict of interest disclosure statement upon nomination to office, before appointment to fill a vacancy in office and annually during the term of office. Conflict of interest forms are delivered to the president/ceo. Any form containing information that suggests a possible conflict of interest is brought to the immediate attention of the board chair, or in the event that the form concerns the chair, the board vice chair. The president/ceo may request the assistance of legal counsel to identify potential conflicts. If the board identifies an actual, potential, or apparent conflict of interest with respect to an officer, director, nominee for director, nominee for an elected position and/or nominee for appointment to the board, resolution of such conflict of interest or challenge will be in accordance with article 10, section 10.3 of the himss bylaws. For the organization's employees the president/ceo may take one of the following actions to resolve such conflict or challenge: (1) waive the conflict of interest as unlikely to affect the disclosing party's ability to act in the best interest of the organization, (2) determine the disclosing party should be recused from all deliberation and decision-making related to the particular transaction or relationship that gives rise to the conflict of interest [this course of action should particularly apply when the transaction or relationship is one which presents a conflict only with respect to one or two discrete programs or management systems society 36-3906745 healthcare information and activities], (3) recommend the disclosing party resign from his or her employment [this course of action should apply when the conflict is so pervasive the disclosing party would seldom, if ever, be able to act solelyin the best interest of the organization].”

“The executive committee, which consists of certain members of the organization's governing body as appointed by that governing body, meet to review and approve compensation levels for the president/ceo and key employees. The executive committee employs the services of an independent consulting firm to assist in determining compensation levels. The independent consulting firm utilizes data from comparable organizations in its review. All compensation decisions are documented.”

“The organization's articles of incorporation and bylaws are available upon request for the same period of disclosure as set forth in irc section 6104(d).”

“Consulting fee 1,751,222. Professional fees 8,115,892. Payroll services 327,163.”

“Intangible impairment -1,515,413.”