Tift Regional Health System Inc

“Southwell, inc. Is the sole member of tift regional health system, inc. Southwell is a tax-exempt organization as described in internal revenue code section 501(c)(3).”

“All appointments to the board of directors are filled by the remaining members of the board subject to the approval of southwell, inc. In addition, a director may be removed at any time, with or without cause, subject to the approval of southwell, inc.”

“Southwell, inc. Is the sole member of tift regional health system, inc. ("trhs"). The following actions cannot be taken without the approval of the member: 1) fill vacancies in, nominate and approve the election of and approve or direct the removal of directors of trhs; 2) approve all amendments, modifications, restatements and alterations of trhs's articles of incorporation or bylaws; 3) approve mergers, consolidations, acquisitions, joint ventures, affiliations or any other reorganization of trhs; 4) approve the sale, transfer, long-term lease, long-term encumbrance, mortgage or disposition of all or substantially all assets of trhs and of any real property owned by trhs; 5) approve any plan of dissolution; 6) approve and determine the distribution of assets of the corporation upon dissolution of trhs subject to article v of the trhs's articles of incorporation; 7) add or remove members of trhs; 8) approve any material incurrence of debt that requires an addendum to the master trust indenture, excluding capital leases of less than 1,000,001; 9) appoint or remove the chair of the board of directors of trhs; 10) approve the annual budget of trhs; 11) select the auditor firm for trhs and approve the annual audit performed by such firm; 12) approve capital expenditures by trhs of 1,000,001 or greater; 13) approve scope of services provided by trhs; 14) appoint or remove the president/ceo of trhs; and 15) approve any amendment to the lease between the hospital authority of tift county and trhs.”

“RUBAL PATEL, MD”

“Form 990 is prepared by an independent certified public accountant from information provided by management and from audited financial statements. After the return is prepared and prior to filing with the irs, the return is reviewed in detail by senior financial management. A copy of the return is then made available to all board members prior to filing.”

“Trhs annually distributes a conflict of interest questionnaire to each member of the board of directors. Board members must disclose any potential conflicts. Any board member with a potential conflict must recuse themselves from the meeting at which the potential conflict is discussed. Only non-conflicted members may decide to pursue a transaction involving a conflict if a majority of the remaining members determine the transaction is in the organization's best interest. Violation of the coi policy is subject to corrective action.”

“The tift regional health system, inc.("trhs") board of directors has appointed a committee of independent, conflict-free board members to devote their time and attention to the oversight of trhs's executive compensation programs. The committee annually retains independent advisors (including health care compensation consultants) to provide third-party information and advice, to ensure executive compensation is reasonable when compared to the practices of other similarly situated organizations, and that the program has significant and appropriate compensation that is subject to meeting organizational and individual goals (to ensure the alignment of pay and performance). Compensation is approved by the compensation committee of the board, who are independent with no financial interest in the compensation they review and approve. Incentive based compensation is calculated based on achievements against goals and metrics that were pre-approved by the board. The goals and metrics span trhs's five pillars of service: quality, finance, people, growth and community. The performance pay plan is intended to reward executives for exemplary performance and to be part of a competitive total compensation package. Total compensation (including the performance pay plan) is determined to be reasonable and strictly compliant with all rules and regulations that govern executive pay at a tax-exempt organization like trhs.”

“See the response to question 15a above.”

“Governing documents are filed with and available on the georgia secretary of state website or through that office. Governing documents can also be obtained by contacting trhs. Trhs is under obligation to disclose to bond holders pertinent financial information. A public inspection copy of form 990 is available upon request and upon the trhs website.”

“Tift regional health system (trhs) is a growing, not-for-profit hospital system. Its main campus serves 12 counties in south central georgia. Trhs offers more than 135 physicians with expertise in over 30 specialties. Trhs provides a wide range of care, including signature services in surgery, oncology, cardiovascular care, women's health, neurodiagnostics, geriatric psychiatric care, radiology and more. The main campus is tift regional medical center (trmc), a 181-bed regional referral hospital located in tifton at 901 east 18th street. Trmc's west campus, located in tifton at 2225 highway 41 north, is an outpatient facility which houses various diagnostic services and the region's largest multi-specialty practice. A 3rd campus of trmc is in adel, ga. Southwell medical is a 60-bed hospital (that is not separately licensed) including a 12-bed geriatric psychiatric unit. A 95-bed skilled nursing facility, southwell health & rehabilitation, also is located on the southwell medical campus.”

“Contract personnel 5,825,272 207,089 0 medical professional services 8,353,858 0 0 consulting 0 8,708,869 0 collection services 0 4,151,105 0 other purchased services 0 2,226,104 0 physician & other prof 23,544,810 0 0 total 37,723,940 15,293,167 0”

“Equity transfer southwell (pet) 586,098 book equity in captive subsidiary - change 549,776 equity transfer to southwell, inc. -3,543,460 total -2,407,586”