Methodist Health Services Corporation

“Suspense - 181;”

“Other admin expenses - 77;”

“Intercompany settlements - -104;”

“The corporation is organized and shall be operated exclusively as a not-for-profit corporation for purposes that are charitable, educational, and scientific within the meaning of section 501(c)(3) of the internal revenue code of 1986, as amended, or the corresponding provisions of any future united states internal revenue law (the "code"). In furtherance of such charitable purposes, the corporation shall engage in activities for the benefit of, to perform the functions of, and to carry out the purposes of the following healthcare organizations that are affiliated with the corporation through the provision of managerial assistance and facilitation of financial assistance: methodist medical center of illinois, pekin memorial hospital, and proctor hospital.”

“Carle Health - West Region approved the 2024 Quality Performance Improvement (PI) Plans and Quality Key Performance Indicators (KPIs). The Medical Staff have oversight of our quality metrics. The PI Plans included review of indicators CLABSI, CAUTI, C diff, mortality index and falls with injury. Indicators were reviewed with proposed targets. An overview of the history of Greater Peoria's participation in the UnityPoint Accountable Care ACO (UAC) as well as the financial results from 2019-2023 from participating in that ACO were presented. The plan is to continue participation in that ACO through the end of 2024 and likely exit to join other Carle regions in a new ACO structure in 2025. Carle Health's ACO history, financial success within the ACO model, and the new structure are now being evaluated along with the timeline for decision making and participation in a new ACO. The Community Benefits Statement for the year were reviewed. The 2023 annual non-profit hospital community benefits plan report indicated total charity and other community benefits at the three Greater Peoria hospital campuses increased over 2022. Methodist Medical Center, Inc., Proctor Hospital, and Pekin Memorial Hospital are meeting their community benefit obligation as tax-exempt organizations. The Regional Revenue Dashboard was reviewed for 2024 financials along with the Vital Insights Report for the West Region Hospitals. The updated 2024 forecast as well as the 2024 margin improvements were included. The 2025 potential capital allocation for 2025 was also presented.”

“The average estimated hours per week listed for the reporting organization is based on a standard 40 hour week. Members may frequently devote more than 40 hours of service to the entire organization during an average week.”