Lsu Health Sciences Center -

“The corporation has entered into a management services agreement with olh operational management company, llc, a louisiana limited liability company. Ochsner clinic foundation, an exempt organization, is the sole member of olh operational management company, llc, and olh operational management company, llc is disregarded for federal tax purposes. Olh operational management company llc provides management, billing and collection, and other administrative support. The corporation has entered into an administrative support agreement with clinical operational management company, llc, a louisiana limited liability company. Ochsner clinic foundation, an exempt organization, is the sole member of clinical operational management company, llc, and clinical operational management company, llc is disregarded for federal tax purposes. Clinical operational management company provides physician practice management and related administrative and support services to physician practices such as the faculty practice. The directors appointed to the board that are employed as executives and physicians by ochsner clinic foundation did not receive any additional compensation by the management company for their duties. The following individuals were compensated as executives and physicians by the management company: 1. Charles daigle - $164,503 2. Leonardo seoane - $0 3. Corwin harper - $628,829 4. John shaughnessy - $217,865 5. Shelley sullivan tynan - $0 6. Vincent adolph - $0 7. Jeff reynolds - $500,749 8. Mike hulefeld - $0 9. Keith white - $0”

“Lsu-health sciences center - shreveport faculty group practice is a wholly owned subsidiary of ochsner lsu health system of north louisiana, a related 501(c)(3) organization, and a supported organization. Lsu-health sciences center - shreveport faculty group practice is organized on a non-stock membership basis, and as of october 1, 2018 the sole member of the corporation is ochsner lsu health system of north louisiana.”

“In the event of a final vote that results in a deadlock, the directors may bring the matter before the member and the board of directors of the member will make the final determination on the matter, consistent with section 4.14n of these bylaws.”

“The organization provides a copy of the form 990 to the full board of directors once reviewed by an independent public accounting firm.”

“Officers, directors, trustees, and key employees of ochsner lsu health system of north louisiana and its subsidiaries and affiliates are required to complete a conflict of interest disclosure form annually, or within 40 days of becoming an employee, or if a current employee has a change in business circumstances not previously disclosed. The conflict of interest program administrator reviews disclosures and determines whether action is necessary or if the disclosure needs to be reviewed by the conflict of interest steering committee. The conflict of interest program administrator, in conjunction with the conflict of interest steering committee, will make mitigation recommendations, including, but not limited to, divestiture and termination of business relationships. Ochsner lsu health system of north louisiana requires annual certification that the relationships disclosed during a preceding calendar year are complete and accurate.”

“All ochsner lsu health system of north louisiana ceo and officer compensation and benefits arrangements, including salary and bonus incentive plans, are reviewed by ochsner clinic foundation's executive team under its agreement to provide management services. Ochsner clinic foundation's executive team is without conflicts of interest and uses an independent external consultant. Appropriate data is applied to determine the comparability of fair market value pay and all actions are appropriately documented. Management jobs are assigned to pay ranges where the midpoint is aligned to the 50th percentile of salary survey data. Upon hire, management salaries are based upon applicable skills and experience relevant to the job and pay range. Merit increases are awarded annually thereafter based upon performance. Off-cycle adjustments may be provided due to market movement to ensure alignment with the competitive market.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon written request.”

“Lsu health sciences center-shreveport faculty group practice (lsuhsc-s fgp) provides healthcare to the general public, including, but not limited to, the delivery of physician medical services and other healthcare services to individuals. Lsuhsc-s fgp receives compensation for these services from the medicare and medicaid programs, certain commercial insurance carriers, health maintenance organizations, preferred provider organizations and directly from patients.”

“Consulting: program service expenses 0. Management and general expenses 220,170. Fundraising expenses 0. Total expenses 220,170. Medical purchased services: program service expenses 149,461,808. Management and general expenses 20,211,780. Fundraising expenses 0. Total expenses 169,673,588. Collection agency: program service expenses 0. Management and general expenses 343. Fundraising expenses 0. Total expenses 343. Other purchased services: program service expenses 0. Management and general expenses 10,088,462. Fundraising expenses 0. Total expenses 10,088,462.”

“Oversight and selection process: the process regarding the committee responsible for the audit, review, or compilation of the organization's financial statements and selection of an independent account has not changed from the prior year.”