Kennedy Medical Group Practice PC

“Kennedy Medical Group Practice, P.C makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“The Internal Audit department distributes conflict of interest disclosure statements annually to Management. These statements are reviewed and submitted to the audit and compliance commitee. The Board of Trustees and Corporate Officers are required to submit a conflict of interest statement annually to Legal Counsel. Trustees are required to abstain from debate or vote on any issues where a conflict arises.”

“The process for determining the compensation of the CEO and other senior management is completed annually by the organizations compensation committee, which is established by the board of trustees of Kennedy University Hospital, Inc. The compensation committee reviews all salary benefits packages. The committee compiles various sources of market data to substantiate the compensation and uses the services of independent experts, Sullivan Cotter and Mercer to validate the reasonableness of compensation. The salary recommendations of the compensation committee are reviewed and approved by the full board. Any interested parties are excluded from participation during debate and approval of the actual compensation. The review and approval process is contemporaneously documented via minutes of the meetings.”

“The trustees of the board are elected by a majority vote of the board of directors of Kennedy Health System”

“A copy of the Form 990 and all related schedules has been reviewed by an independent accounting firm before being presented to the audit and compliance committee for review. A copy was also provided to the board of trustees and senior management for review prior to filing with the Internal Revenue Service.”

“The financial statements were audited on a consolidated basis with Kennedy Health System, Inc.”