Centracare Health System - Sauk Centre

“The sole corporate member of centracare health system - sauk centre is centracare health system, a minnesota nonprofit corporation.”

“Centracare health system, as the sole corporate member has the authority to appoint the board of directors.”

“The following matters are reserved for action by centracare health system, the sole member: 1. Adoption of amendments to the articles of incorporation or bylaws. 2. Appointment of directors and officers. 3. Approval of the corporation's annual operating and capital budgets and any debts to be incurred. 4. Approval of all strategic plans. 5. Determination of the dissolution of or the discontinuation of the business of the corporation. 6. Approval of any transaction which may affect the corporation's status as an organization exempt from federal income taxation.”

“The board of directors has delegated the approval authority of the form 990 to the audit committee. Annually, at the audit committee meeting, prior to filing with the irs, the audit committee reviews and approves form 990. A copy of form 990 is then provided for the full board to review prior to filing with the irs.”

“The board members are required to review and sign a conflict of interest questionnaire twice a year. All staff sign conflicts of interest forms on an annual basis. The questionnaires are reviewed by the corporate compliance officer as well as the corporate compliance group (a compliance committee which includes internal members and outside counsel). The responses to the questionnaires are then reviewed with the executive committee of the board. The corporate compliance officer is responsible for monitoring conflicts of interests related to board and staff and to alert affected parties when a conflict arises. When an actual conflict arises, the affected party is asked to recuse him/her self from the decision making process. The corporate compliance officer attends board meetings and specified board committee meetings where conflict issues may arise.”

“The compensation and benefits of the president are subject to full compensation and benefits comparability studies conducted biennially by a third party independent compensation consultant. However, the compensation portion of the study is reviewed annually by the consultant and updated for compensation committee and board of directors review and approval. The most recent full review was done june 2022. The third party independent compensation consultant is retained by st. Could hospital to perform services. The compensation and benefits of the vice presidents (non-medical providers) are subject to full compensation and benefits comparability studies conducted biennially by a third party independent compensation consultant. However, the compensation portion of the study is reviewed annually by the consultant and updated for compensation committee and board of directors review and approval. The most recent full review was completed in june 2022. The third party independent compensation consultant is retained by st. Cloud hospital to perform these services.”

“The hospital/centracare health system does not generally make its governing documents or conflict of interest policy available to the public. The hospital/centracare health system does do an annual report to the community in which financial results are reported to and discussed with the public. This report is available to the public on the organization's website.”

“Where applicable, the impact resulting from the covid-19 pandemic during the periods ended december 31, 2022, june 30, 2022, and december 31, 2021, has been considered. Sources of relief included the coronavirus aid, relief and economic security act (the "cares act"), which was enacted on march 27, 2020, and the paycheck protection program and health care enhancement act (the "ppphce act"), which was enacted on april 24, 2020. Together, the cares act and the ppphce act included $178 billion in funding to be distributed to eligible providers through the public health and social services emergency fund (the "phssef"). In addition, the cares act provided for an expansion of the medicare accelerated and advance payment program whereby inpatient acute care hospitals and other eligible providers may request accelerated payment of up to 100 percent of their medicare payment amount for a six-month period to be repaid through withholding of future medicare fee-for-service payments beginning 365 days after receipt. Centracare was the beneficiary of these stimulus measures. During the year ended june 30, 2022, centracare has served over 5,300 community members by hosting various events and activities. Some of the events and activities hosted included: bounce back project, dental access workgroups, leadership meetings, health & energy integration meetings, age friendly task force, safe space training, diabetes management, community status assessments and many others. Centracare also hosted many covid-19 and influenza vaccination clinics for the community.”