Henry Ford Health System

“Business relationship - stephanie bergeron (current trustee) and edward callaghan, phd. (current trustee)”

“The organization has contracted with h2o, llc to provide senior leadership to its human resources function. Under the terms of this agreement, h2o provides hfhs with the services of the chief human resources officer of hfhs.”

“The tax department of the organization prepares the form 990 and has it reviewed by its independent tax service provider. As part of the preparation and review process prior to filing the return, the following review process is conducted: - review of the entire return with the hfhs chief financial officer, chief operating officer and chief executive officer - review of all compensation matters and disclosures with the compensation committee of the hfhs board of trustees - review of the return with the hfhs audit and compliance committee of the board of trustees - provide a copy of the return to the hfhs board of trustees”

“The organization has a standing conflict of interest committee (the committee) that is responsible for oversight of all conflict of interest matters. The organization's conflict of interest policy applies to all trustees and employees. Annually, trustees, employees of a management level, researchers, as well as employees associated with procurement, or in certain other predefined roles must complete an annual disclosure designed to identify activities and relationships that could potentially give rise to a conflict of interest. It is the responsibility of the committee to review these disclosures and determine the need for any action to manage the potential conflict. The committee annually reports the results of its activities to the audit and compliance committee of the board of trustees.”

“The organization has a compensation committee of the board of trustees consisting of all external trustees. They meet periodically throughout the year. They are charged with approval of the organization's overall compensation and benefit programs as well as the specific review and approval of the compensation of certain employees including the chief executive officer, all officers and key employees of the organization. They directly engage an independent compensation advisor to assist with this process. The process includes evaluation of the individual's performance, utilization of compensation studies of similarly situated positions, as well as comparisons to compensation as reported by other health care organizations. The reasonableness of compensation is evaluated based upon these and other factors. The committee also reviews the compensation disclosures to be made on form 990 in advance of filing.”

“It is the practice of the organization to make its governing documents and conflict of interest policy available to any party requesting such information. As a holder of tax exempt debt the financial statements of the organization are made available to a public clearing house on a quarterly basis. Part iv, line 12 the organization is an element of the external audit report obtained for the consolidated operations of henry ford health system. Schedule r, part v, line 1d and 1e the organization is a member of the henry ford health system obligated group. Members of the obligated group are jointly and severally liable for outstanding obligations issued under the bond master indenture. Schedule r, part ii, identification of other related organizations the organization has the following operating divisions that are not separate legal entities but have their own unique assigned ein's. Financial information relating to these divisions are included in this return. -henry ford west bloomfield hospital (26-3896897) -center for complementary and integrative medicine (30-0092342) -henry ford health system - school based health initiative (87-0729167) -cottage hospital physician practice (26-4245539) -henry ford pathology (41-2223561) schedule r, part v, line 2, column c all transactions reported are based on cash value”

“Average hours per week devoted to related organizations: many executive employees of hfhs provide services to multiple affiliated entities. Henry ford health system uses estimates for reporting average hours per week in all sections of form 990. Generally 60 hours are reported for the hours associated for the organization that the individual has principal responsibility for. Hours associated with other hospital or larger organizations are reported at 5 per week, and for smaller organizations 1 hour per week is reported.”

“Pension liability adjustment 63,561,813. Intercompany transfers 18,393,016.”

“The organization is included in the consolidated financial statements of henry ford health system (hfhs) and affiliates. The governing body of hfhs has delegated the oversight of financial statements, including the choice of financial auditors, to its audit committee.”