Blessing Hospital

“Blessing hospital contracts with blessing corporate services to execute the duties normally performed by management. The management company carries out the governing decisions of the board of directors, similar to the role and functions of an employee-officer. Blessing corporate services paid compensation to various employees collectively acting as managment. The compensation paid to those employees who serve on blessing hospital's board of directors is disclosed on part vii.”

“1) blessing corporate services provides general management services. 2) aramark provides management of food services and environmental services. 3) bridge home care partners provides management of blessing's home care services. 4) omnicell, inc. Provides management of blessing's specialty pharmacy.”

“The bylaws of blessing hospital were amended and restated on december 18, 2023. The key changes include the following: adding to the board's duties, subject to approval of the sole member, to address community benefit plans, programs and other activities such as the community needs assessment and to advocate on behalf of patients, the community and blessing hospital regarding the allocation of resources to the community's health needs.”

“Blessing corporate services, inc. Is the sole voting member of blessing hospital.”

“Blessing corporate services, inc., the sole voting member of blessing hospital, shall possess the rights and responsibilities to appoint and/or remove all the trustees of the corporation and appoint the corporation's president.”

“Blessing corporate services shall possess the exclusive rights and responsibilities to (a) appoint and/or remove all the trustees of the corporation, (b) appoint the corporation's president, (c) approve expressly all amendments to the corporation's articles of incorporation and bylaws before they may become effective, (d) approve and oversee capital and operating budgets, long-term debt, long-range plans, the sale or purchase of real estate, and contracts entered into by the corporation, the reasonable value of which exceeds an amount specified in the bylaws of the member, (e) approve material investment decisions, including without limitation establishment and modification of investment policies, engagement and removal of investment managers and advisors, and changes in investment allocations not permitted by an existing investment policy, (f) approve the parameters for terms of employment of providers, including provider compensation plans, and any material variances from such parameters for individual providers, (g) approve the selection of auditors and legal counsel and oversee audits, (h) approve charity care and community benefits-related policies, (i) approve the formation of subsidiary entities and/or joint ventures, (j) approve the filing of a petition in bankruptcy, making an assignment for the benefit of creditors, or applying for protection under any insolvency laws, (k) approve the participation in any merger, combination, consolidation, liquidation, dissolution or other corporate or business entity restructuring, (l) enact and implement such policies and procedures as the member deems necessary or advisable for the management of the corporation, and (m) compel the corporation's board, officers and agents to enforce and/or perform any contractual or other obligations and/or take any action the member determines is necessary or advisable for the management of the corporation.”

“Following management review, the form 990 was provided to the board of trustees for review and comment prior to filing.”

“A copy of the conflict of interest policy is distributed annually to officers, directors, trustees, and key employees to be read, signed, and returned to the organization. The signed policies are retained in the corporate administrative files. In addition, each officer, director, or trustee is required to declare no conflict of interest in regards to agenda items being presented at the start of each monthly board meeting.”

“No compensation is received for serving as an officer of blessing hospital. On a biannual basis, comparable compensation data through a third party (sullivan-cotter) is used to establish market range. Information is submitted to the blessing corporate services compensation committee for review and to blessing hospital board of trustees for approval.”

“These forms are located in the corporate administrative offices and are available upon request for public inspection.”

“Since it was founded in 1873, blessing hospital has provided quality health care services to all patients regardless of race, sex, national origin, age, or ability to pay. In serving all members of its communities, blessing hospital continues this tradition by providing free/subsidized care, care to persons covered by governmental programs at less than full charges, and community health/education/wellness programs. For fiscal year 2024, the cost of charity care provided was 7,183,012 and medicare shortfalls were 100,288,631. Blessing hospital treated patients through the following services during fiscal year 2024: 40,821 emergency center visits; 575,586 outpatient visits; 15,240 surgical operations, including 165 open heart surgeries, 14,914 inpatient admissions, and 1,157 babies. Outpatient services included 91,836 cardiopulmonary/cardiology procedures, 1,108,122 laboratory tests, 126,256 radiology procedures, and 140,077 physical therapy/rehabilitation visits. Blessing hospital provided additional benefits of 8,191,394 to the community during fiscal year 2024 as follows: health professionals education siu residency program 2,707,717 blessing-rieman college of nursing 2,826,331 nursing educational preceptors 36,842 sub total health professionals education 5,570,890 community health improvement services adams county health department dental program 100,000 patient transportation and lodging 395,163 charity pharmacy prescriptions 731,535 health screenings/tests 101,197 medical supplies/services for patients 58,400 behavioral health educational programs 8,753 medical interpreting services 37,138 sub total community health improvement services 1,432,186 siu center for family medicine - quincy, chaddock, and transitions of western illinois subsidized health services care coordination 1,159,948 sub total subsidized health services 1,159,948 in-kind contributions/donations donations/sponsorships 28,370 sub total in-kind contributions/donations 28,370 blessing hospital's strategic objectives for the upcoming years are as follows: 1) quality zero harm a) reduce patient harm events by 15% per year 2) best place to work a) increase employee satisfication to >= 8.0 3) patient experience a) increase patient experience (always recommend) to 82% 4) access to care a) increase clinic visits per day by 5% 5) fiscal health a) control expenses and increase revenue b) achieve greater than 200 days cash on hand c) achieve greater than 1% operating margin 6) electronic health record change a) on time/on budget b) standardization”

“Increase in minimum pension liability 4,341,467 transfer of clinic assets and liabilities 0 transfers to affiliates -322,751 cumulative effect of adoption of asc 842 0 transfer of clinic assets and liabilities -193,742 total 3,824,974”