Mercycare Service Corporation

“The following mercycare service corporation trustees are not independent due to transactions disclosed on form 990, schedule l of mercy medical center, a related tax-exempt organization: barrie ernst, rue patel, fred pilcher, m.d. And kyle skogman.”

“Mercycare service corporation's bylaws provide that the executive committee has authority to transact all regular business of the governing body in between board meetings.”

“The 990 is reviewed with the executive committee (subcommittee of the board of trustees) prior to filing with the internal revenue service. The committee is provided with general background information regarding the form 990, and the form itself (including attachments) is reviewed. Upon request, the tax return will be available for review by the board of trustees. Members of the executive committee and management are available to answer questions from the trustees on the return.”

“Mercycare service corporation requires all directors, officers, and key employees, as well as each employee to disclose any interest in, obligation or duty to, or activity for any concern in which a director, officer, key employee, or employee or their family member may be involved that: might create an actual or potential conflict of interest or might have the appearance of adversely affecting the director's, officer's, key employee's, or employee's judgment or actions in performing his/her duties towards mercy. All directors, officers, key employees, and employees shall file an initial conflict of interest report upon hire and shall be required to file an updated report immediately if any changes occur which result in a conflict of interest or financial interest. All directors, officers, key employees, and employees (supervisor and above), physicians, and any employee in a position to influence a purchase decision shall re-submit a conflict of interest disclosure statement, with any necessary changes, each year and immediately if any additional conflicting or financial interest arise. All board members shall submit in writing a conflict of interest disclosure statement listing all financial and conflicting interests. The statement shall be resubmitted with any necessary changes each year and as any additional conflicting or financial interest arise. Determining whether a conflict of interest exists with a mercycare service corporation board member: -upon disclosure of the financial interest and all material facts, the board member, the corporate officer, or the ceo making such disclosure may be asked to leave the board or committee meeting while the financial interest is discussed and voted upon. -the remaining board or committee members shall decide if a conflict of interest exists. -in the case of disclosure by a medical staff member, physician, executive staff member, department director, supervisor, or other individual, the president/ceo of entity shall determine, based on the facts and circumstances disclosed, if a conflict of interest exists. -the president/ceo of entity shall report the results of all determinations, with regard to conflict of interest, to the chair of the board. Penalties for non-compliance: failure to comply with this policy shall constitute grounds for removal from office and, in the case of mercycare service corporation key personnel, employees, or other affected parties, termination of employment. Retention period: all certificates and disclosure summary documents of current or former employees (and related correspondence) will be retained in accordance with mercycare service corporation's record retention policy.”

“Compensation of the mercycare service corporation's top management official is paid by mercy medical center, a related organization, which is set by the human resources committee of mercycare service corporation. The committee uses mercer (us) inc for the review of salaries and compares them to comparable entities in the region. This process was last completed and documented on march 18, 2024.”

“Mercycare service corporation's governing documents, conflict of interest policy, and financial statements are not made available to the public.”

“Mercy hospital, cedar rapids, ia endowment foundation inc, mercy medical center and mercy care management, inc. And subsidiaries are related organizations of mercycare service corporation. For those individuals who provide services to multiple organizations, the hours reported on form 990, part vii, reflect total hours rendered on behalf of all the organizations. It would be administratively impracticable for members of the governing board and executive team to break out hours among each organization.”

“Investment in mercy care management, inc. -13,690,347.”

“The oversight and selection process has not changed from the prior year.”