Metropolitan Hospital

“See 2nd paragraph, page 1 - affiliation with the regents of the university of michigan via its wholly-owned non-profit, u-m health.”

“U-m health & u-m may select a minority of board members.”

“U-m health exercises certain reserved powers,including approval of strategic plans and annual or other budgets.”

“The completed form 990 was reviewed by the chief financial officer and controller. Also, prior to filing the form 990, the full metro board of directors was notified that the completed form 990 was available for review at the board meeting.”

“Each board member, key employed and non-employed personnel is required annually to complete a conflict of interest statement. The statements are compiled and the hospital's compliance department reviews them for any potential conflicts. Any conflicts are noted and appropriate action is taken as required, ie voting or contracts.”

“The ceo and other executive compensation is determined by use of consultants and comparability data from other hospitals of similar size. The executive committee reviews and approves the ceo compensation. Their discussion is documented in the minutes of the meeting.”

“The executive's compensation is determined by use of consultants and comparability data from other hospitals of similar size. The executive committee reviews and approves the executive compensation. Their discussion is documented in the minutes of the meeting. The executive team has entered into written compensation contracts. Studies by an independent firm were completed to ensure the executives were at market value.”

“Documents are available upon request.”

“Metro health's mission is to improve the health and well-being of our communities. To that end the organization believes the foundation of good health is based on excellent quality primary care. The organization is anchored by a 208-bed, general acute care community hospital. Additionally, it operates 13 neighborhood outpatient centers, student health facilities at grand valley state university and a community clinic for the underserved. The neighborhood outpatient centers ring the organization's service area, allowing patients access to quality healthcare close to home; services at them include primary care, lab services, mammography, x-ray and physical therapy. In addition to primary care services, the organization provides specialty care at its heart and vascular practice, cancer center, ambulatory surgery center, ophthalmology office, sleep lab and other sites. The organization also focuses on improving the health of the community before people need healthcare. It does this through its live healthy community outreach program that offers free and low-cost classes, seminars and community health screens. In the past year, screens have been done for high blood pressure, peripheral vascular disease, memory issues and sudden cardiac death. Metro health is also a major provider of osteopathic medical education. In fiscal year 2019, 121 medical students, residents and fellows participated in its medical education program. Affiliation with the regents of the university of michigan last fiscal year metropolitan health corporation (mhc) which is the parent entity of metropolitan hospital (mh) affiliated with michigan medicine (mm) which is an operating division of the regents of the university of michigan (u-m). Accordingly, mh is included in the consolidated financial statements of u-m health, a nonprofit entity that is a wholly owned subsidiary of u-m for fiscal year ended june 30, 2019.”

“Metro health hospital is a 208-bed teaching hospital that provides a comprehensive suite of inpatient and outpatient healthcare services, including fast emergency services, cancer and cardiac care, robotic and traditional surgery, family practice, internal medicine, sports medicine and others. The organization's mission is to improve the health and well- being of the communities it serves. To that end, metro provides education and screening programs for the community, education opportunities for future doctors, nurses and other health professions, financial assistance programs, care for the underserved, and much more. During fiscal year 2020, metro health welcomed 1,752 babies into our community, cared for 54,682 emergency room visits, performed 1,493,137 laboratory tests and 169,740 diagnostic radiology procedures and counted 39,483 patient days. The metro health community clinic, which provides medical care to the underserved, provided care for 16,658 patient visits. Metro health's medical education program included 121 medical students, residents and fellows.”

“Change in equity investment 2,105,951”