Wisconsin Upper Peninsula Oncology Management Services Inc

“In may 2014, wisconsin upper peninsula oncology management services, inc. Became solely owned by bay area medical center, inc.”

“Wisconsin upper peninsula oncology management services, inc. Had two stockholders (st vincent hospital and bay area medical center) until may 2014 when bay area medical center, inc became sole shareholder.”

“Bay area shall appoint 100% of the directors to the board of directors.”

“The affirmative vote of a majority of the directors shall be required to approve the following matters: (a) unbudgeted capital expenditures in excess of $500,000; (b) the annual capital budget of the corporation; and (c) the annual operating budget of the corporation.”

“The board of directors are provided a copy of the form 990 to review prior to when the form 990 is filed.”

“Each director shall disclose to the board of directors any duality of interest or possible conflict of interest whenever the duality or conflict pertains to a matter being considered by the board. Any director having duality of interest or conflict of interest on any matter shall abstain from voting on the matter and shall not be counted in determining whether the matter has received the required affirmative vote. The minutes of the meeting involving any such situation shall reflect that a disclosure was made and the abstention from voting.”

“The books are kept in the accounting office and anyone can ask to view them.”

“Purchased maintenance contracts: program service expenses 188,994. Management and general expenses 0. Fundraising expenses 0. Total expenses 188,994. Purchased physician services: program service expenses 955,860. Management and general expenses 34,178. Fundraising expenses 0. Total expenses 990,038.”

“ACQUISITION -1,427,988.”

“This process has not changed from the prior year.”