Lmw Healthcare Inc

“Business relationships between officers, directors, trustees, or key employees: certain of the organization's current officers and/or trustees may serve as officers and/or directors of tax-exempt and taxable affiliates within the organization's corporate system or joint ventures in which the organization's corporate system has an ownership interest. The individual officers and/or trustees do not have personal financial interests in such affiliates and serve only as a function of their roles with the organization or within the organization's corporate system.”

“Lawrence + memorial corporation is the sole member of lmw healthcare, inc.”

“Lawrence + memorial corporation, as sole member of lmw healthcare, inc., elects the board of trustees of lmw healthcare, inc., subject to the additional approval of lawrence + memorial corporation's sole member, yale new haven health services corporation.”

“The hospital's sole member, lawrence + memorial corporation, has the right to elect the board of trustees of the organization and appoint the president, and has the following additional rights, all subject the additional approval of its sole member, yale new haven health services corporation: to approve operating, cash flow and capital budgets; to approve graduate and undergraduate medical education arrangements; to approve major new clinical programs and services and continuation of same; approval of strategic plans; and adoption of safety and quality assessment policies; to approve the merger, consolidation, dissolution or the sale of all or substantially all the organization's assets; to amend the certificate of incorporation and bylaws of the organization, to approve the execution of long-term or material agreements, and to authorize the execution of contracts with an unrelated third party for management of the assets or operations of the organization. Yale-new haven health services corporation retains the following authority: adoption of budgetary targets, indebtedness, management and control of liquid assets, and appointment of the independent auditor.”

“The organization's process to review form 990: the form 990 tax return and attached schedules were prepared by employees of the ynhhs tax department. The return is initially reviewed by the executive director of corporate finance. Subsequently, it is sent to kpmg llp for their initial review. After all comments from the above groups are received and reviewed, the return is then reviewed by the chief financial officer of the system and a final version of the return is sent back to kpmg llp for final review. Prior to filing, the organization made available a complete copy of the return to its board of trustees by web portal.”

“Lmw healthcare is covered under the ynhhs conflict of interest policy approved and adopted by the system compliance committee, which has been delegated the authority to approve and adopt compliance policies on behalf of the entities in the system. The yale new haven health system conflict of interest policy and individual annual disclosure form applies to a pool of employees, board members and non-board members serving on board committees. These "covered individuals" are required to complete a conflict of interest disclosure statement, upon beginning employment or otherwise becoming a covered individual and annually thereafter. Covered individuals are also required to immediately report material changes to their most recently completed disclosure statement. These disclosure statements and reports are reviewed by the office of privacy and corporate compliance and/or the legal and risk services department to ensure compliance with the conflict of interest policy. If a potential conflict arises, the president and ceo would consult with the board chairperson and the legal and risk services department and take any actions that he deems required or appropriate to manage or resolve a potential conflict of interest. For example, a voting board or committee member would be required to recuse himself or herself from voting on matters related to the potential conflict and the potential conflict would be disclosed to other voting members.”

“Form 990, part vi, section b, line 15a: compensation process for ceo/top official: the top lmw healthcare official is an employee of ynhhs. The ynhhs compensation and leadership development committee (the "ynhhs compensation committee"), which includes a representative of the hospital, is responsible for (1) determining the overall total compensation strategy for ynhhs officer-level executives, (2) approving all compensation and benefits decisions for ynhhs lmw healthcare officer-level executives, and (3) reporting such actions to the full ynhhs board of trustees on an annual basis. In addition, the ynhhs compensation committee expressly determines the reasonableness of total compensation and benefits for all ynhhs officer-level executives, and assures that all officer-level executive compensation decisions are made after thorough consideration of and comparison to the market practices of other similarly situated organizations. The ynhhs compensation committee consists of trustees who do not have material financial interests that could be affected by the officer-level executive compensation decisions made by the committee. The comparability data used to assist the committees in its compensation deliberations is compiled by an independent, national compensation consulting firm that is retained by and reports directly to the ynhhs compensation committee. The data collected by the consultant consists of market information for executives in functionally similar positions in similarly situated organizations. The deliberations and decisions of the ynhhs compensation committee is contemporaneously documented, reviewed and approved by the committee, and provided to the board of trustees of ynhhs and lmw healthcare. Form 990, part vi, section b, line 15b: compensation process for officers: certain officers are employees of ynhhs, other officers are employed directly by the hospital. Compensation determinations of ynhhs employed officers are made by the ynhhs compensation committee. Compensation determinations of certain hospital employed officers are also reviewed and approved by the ynhhs compensation committee and shared with the hospital's compensation committee or board. The compensation committees of ynhhs and lmw healthcare strive to take the steps necessary to qualify for the "rebuttable presumption of reasonableness" under federal tax law. The ynhhs executive compensation committees are responsible for (1) determining the overall total compensation strategy for all their respective corporate officers, (2) approving all compensation and benefits decisions for corporate officers, and (3) reporting such actions to the full lmw healthcare and ynhhs board on an annual basis, as applicable. In addition, the executive compensation committees, as applicable, expressly determine the reasonableness of total compensation and benefits for all corporate officers, and assures that all officer compensation decisions are made after thorough consideration of and comparison to the market practices of other similarly situated not-for-profit healthcare executives in comparable organizations. The executive compensation committees consist of board members who do not have material financial interests that could be affected by the officer compensation decisions made by the committees. The comparability data used to assist the executive compensation committees in their compensation deliberations are compiled by an independent, national compensation consulting firm that is retained by and reports directly to the executive compensation committees. The data collected by the consultant consists of market information for executives in functionally similar positions in similarly situated not-for-profit healthcare organizations. The deliberations and decisions of the executive compensation committees are contemporaneously documented, reviewed and approved by the executive compensation committees, and provided to the boards of ynhhs and/or the hospital, as app”

“Copies of all available documents are accessible to the public upon request.”

“Westerly hospital, a member of yale new haven health system ("ynhhs"), westerly hospital is a 125-bed hospital that has been providing residents of southern rhode island and southeastern connecticut with a full range of inpatient and outpatient services in a community hospital setting for almost 100 years. Westerly hospital, part of the yale new haven health system network of five hospitals, ensures patients receive the finest quality treatment in the following areas of care: emergency, medical, surgical, radiology, laboratory and rehabilitative services. The hospital also offers heart and vascular care, interventional pain management, wound care, pulmonary rehabilitation service and inpatient geriatric psychiatric care. Attesting to its mission of providing patient-centered care, westerly hospital was recognized with press ganey's 2023 guardian of excellence - patient experience - medical practice service award, specifically for the clinicians at smilow cancer hospital at westerly. The press ganey award is the organization's annual ranking of the top hospitals and health systems in the country, according to performance in patient experience. The guardian of excellence award is given to organizations that have achieved the 95th percentile or higher for performance in patient experience. Press ganey works with more than 41,000 healthcare facilities to enhance caregiver resilience and to improve the overall safety, quality and experience of care. To assist in earlier identification of patients with deteriorating conditions, westerly hospital, as part of the yale new haven health system, launched ecart -- a more precise tool in predicting all-cause deterioration in patients. Ecart uses 97 variables, compared to a previous tool's 26, along with artificial intelligence and other functions, to generate a score. The medical laboratory team at westerly hospital earned a two-year re-accreditation from the accreditation committee of the college of american pathologists (cap). The re-accreditation is based on results from an on-site inspection of the medical laboratory. Re-accreditation confirms that westerly hospital meets or exceeds all of cap's accreditation programs and standards. Westerly hospital's medical laboratory is one of more than 8,000 cap-accredited facilities worldwide. Westerly hospital also was re-certified by the joint commission for its acute stroke ready hospital program, a validation that patients presenting with stroke symptoms will be treated quickly and safely to prevent brain loss. With this certification, developed in collaboration with the american heart association/american stroke association, westerly hospital became become part of a larger stroke network of hospitals equipped to evaluate, stabilize and provide emergency care to patients with acute stroke symptoms. Westerly was first certified in 2019 after implementing yale new haven health's telestroke program which provides 24/7 communication with stroke-trained neurologists. The hospital's mission also extended beyond the organization's walls, in its commitment to supporting healthy communities. Westerly hospital staff coordinated and participated in community health fairs, health education series, lung cancer screenings, healthy heart activities and stroke awareness sessions open to the public. Addressing food security with the communities served by the hospital, staff participated in yale new haven health's annual #givehealthy online food drive. Collectively, health system employees and medical staff donated more than 21,950 pounds of food to hunger-relief organizations in westerly, rhode island, as well as throughout connecticut and port chester, ny. Part i, line 4 & part vi, line 1b number of independent voting members of the governing body the organization sought to confirm the independence of each voting member of its governing body by requesting that each such voting member respond to a questionnaire containing the pertinent instructions and defini”

“Lmw healthcare, inc. Paid vendors through an affiliated entity, lawrence + memorial hospital inc. (ein-06-0646704). As such, any required 1099's to be filed were issued by lawrence + memorial hospital inc. For payments made on behalf of the filing organization.”

“Purchased services: program service expenses 10,489,884. Management and general expenses 929,541. Fundraising expenses 0. Total expenses 11,419,425. Physician fees: program service expenses 9,526,990. Management and general expenses 844,216. Fundraising expenses 0. Total expenses 10,371,206.”

“Change in funds held in trust by others 864,892. Net assets transferred from westerly hospital foundation”