Ozarks Medical Center

“David gohn, melissa stewart, and roger shaw share a business relationship. Kevin gleghorn is a relative to omc's employed inpatient pharmacy director, chad gleghorn.”

“Ozarks medical center has one class of membership. All interested parties are eligible for membership upon payment of the membership fees set by the board of directors. Membership is not transferable or assignable. Members, after being a member for at least thirty days, shall be eligible to vote on any business of the corporation. Each member is entitled to one vote.”

“The board of directors consists of 15 directors. Ten of the corporation's board members, elected from ozarks medical center's service area, are elected by the members of the corporation. Any director previously elected by the members may be removed from office by the members at an annual meeting or any properly called special meeting, by the vote of two-thirds of the members present, in which event the members present will elect a succeeding director to serve the unexpired term of the removed director. Each member has one vote. Any vacancy due to death or resignation shall be filled by election by the remaining members of the board. Three directors are elected by the medical staff of the organization and must be a medical staff member that is also a member of the corporation to be eligible to be elected to the board. Any vacancies of these three board positions are filled by the medical staff. The remaining two board of directors are designated by their position in the organization. The chief of the medical staff and the chief elect or chief emeritus, whichever is in existence in the given year, of the medical staff are both board members for as long as they hold those titles.”

“The bylaws of the corporation may be amended at an annual or properly called special meeting of the members of the corporation by two-thirds of the vote cast or a majority of the voting power, whichever is less. The bylaws may also be amended by the board provided that the amendment does not relate to the number of directors, the composition of the board, the term of office of directors, or the method or way in which directors are elected or selected, or provided that the basic purpose of the corporation shall not be changed or altered. If any of those conditions does not apply, the amendment must be voted on by the members of the organization.”

“The form 990 is prepared by an independent accounting firm based on the audited financial statements and information provided by the accounting department of the organization. The chief financial officer and chief executive officer review the form 990 for signature. 990 documents are presented at the next board meeting for approval.”

“Conflict statements are reviewed annually by the executive committee to determine if new items were disclosed. If a board member did have a conflict of interest, he/she would abstain from voting on any transactions related to that conflict. Statements are also obtained from executives.”

“Top executives are evaluated by an outside consultant annually and recommendations are made based on that data. The ceo provides that information to the compensation and benefits committee of the board who sets his salary and review the ceo's recommendations for the other executives.”

“Document disclosure: the governing documents, conflict of interest policy, and financial statements are available to view upon written request at the administrative office of the hospital during regular business hours.”

“Board member compensation: board members magdy giurgius, m.d., jesse rhoads, m.d., priscilla frase, m.d., susan jolly, m.d. And dennis albino, m.d. Receive compensation for their roles as physicians. No board members receive any compensation for their duties as a member of the board of directors.”

“Physician fees: program service expenses 5,564,843. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,564,843. Contract labor: program service expenses 12,089,246. Management and general expenses 1,327,510. Fundraising expenses 0. Total expenses 13,416,756. Billing & collections: program service expenses 0. Management and general expenses 1,875,066. Fundraising expenses 0. Total expenses 1,875,066. Maintenance contracts: program service expenses 2,257,804. Management and general expenses 565,680. Fundraising expenses 0. Total expenses 2,823,484. Outside services: program service expenses 4,360,236. Management and general expenses 1,572,581. Fundraising expenses 0. Total expenses 5,932,817. Consulting fees: program service expenses 32,516. Management and general expenses 868,013. Fundraising expenses 0. Total expenses 900,529. Other fees: program service expenses 282. Management and general expenses 132,168. Fundraising expenses 0. Total expenses 132,450.”

“Equity gain on investment 381,033.”

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

“As an administrative convenience, the organization files forms 1099 on behalf of a related organization, ozarks medical center foundation (fein 43-1834356). The amount reported on part v, line 1a includes 3 forms 1099 filed on behalf of the related organization for the year ended december 31, 2022.”