Kennedy Medical Group Practice PC

“The organization is an affiliate within jefferson health new jersey; a tax-exempt integrated healthcare delivery system ("system"). Kennedy health system, inc. ("khs") is the tax-exempt parent entity of the system which includes kennedy university hospital, inc.; a related internal revenue code section 501(c)(3) tax-exempt hospital organization. Additionally, effective september 1, 2017 this organization became an affiliate within jefferson/jefferson health; a comprehensive professional university and tax-exempt integrated healthcare delivery system, with a tripartite mission of education, research and patient care. The system's parent entity is thomas jefferson university ("tju"). Although this federal form 990 shows no independent board of directors under the internal revenue service definition, this organization acts in a charitable tax-exempt manner for purposes of internal revenue code section 501(c)(3) and is controlled by khs. Tju is the sole member of khs. Both tju and khs are governed by a board whose majority is comprised of independent voting members.”

“Kennedy health system, inc.; a related internal revenue code section 501(c)(3) tax-exempt organization, is the sole member of this organization which exists through a physician nominee agreement due to state of new jersey corporate practice of medicine prohibition rules and regulations.”

“Effective september 1, 2017, the organization became an affiliate within jefferson/jefferson health; a comprehensive professional university and tax-exempt integrated healthcare delivery system ("system"), with a tripartite mission of education, research and patient care. This organization's federal form 990 was provided to each voting member of its governing body, its board of directors, prior to filing with the internal revenue service ("irs"). Additionally, kennedy health system, inc. ("khs") is the tax-exempt parent entity of jefferson health new jersey. Khs' audit and compliance committee has assumed the responsibility to oversee and coordinate the federal form 990 preparation, review and filing process for all tax-exempt affiliates within jefferson health new jersey. As part of the federal form 990 tax return preparation process the organization hired a professional certified public accounting ("cpa") firm with experience and expertise in both healthcare and not-for-profit tax return preparation to prepare the federal form 990. The cpa firm's tax professionals worked closely with the system's finance personnel and other system individuals including, but not limited to, its senior vice president/chief financial officer, vice president of finance and controller ("internal working group") to obtain the information needed in order to prepare a complete and accurate tax return. The cpa firm prepared a draft form 990 and furnished it to the organization's internal working group for review. The internal working group reviewed the draft form 990 and discussed questions and comments with the cpa firm. Revisions were made to the draft form 990 where necessary and a final draft was furnished by the cpa firm to the internal working group for final review and approval prior to providing it to each voting member of the organization's governing body and before filing with the irs.”

“Effective september 1, 2017, the organization became an affiliate within jefferson/jefferson health; a comprehensive professional university and tax-exempt integrated healthcare delivery system ("system"), with a tripartite mission of education, research and patient care. The system has a written conflict of interest policy with which all affiliates regularly monitor and enforce compliance. The conflict of interest policy governs conflict of interest disclosure and monitoring of all voting members of the system's board of trustees. The conflict of interest policy is designed to assist the organization in evaluating arrangements, contracts or transactions that may benefit the private interest of a trustee, their family member(s), a member of a committee or subcommittee that exercises board-delegated powers of the university, or senior management. The policy is intended to supplement but not replace applicable state and federal laws governing nonprofit charitable corporations. In accordance with the conflict of interest policy, each voting member of the board of trustees must complete, at least annually, the system's conflict of interest disclosure process. The conflict of interest process includes distribution of an electronic disclosure to all persons who served as voting members of the board of trustees, members of senior management and key employees during the previous fiscal year. The disclosure form elicits information related to the respondents actual or potential interests and activities in which they engaged during the reporting period. The process also requires covered persons to disclose such information about their family members. In addition to attesting to the veracity of information contained within the disclosure, the voting member of the board of trustees must certify that they will abide by the system's conflicts of interest and other relevant policies and will disclose all interests and activities related to their ongoing service on the board of trustees. Members of senior management and individuals identified as key employees receive disclosure questions required of members of the board of trustees. All persons covered under the organization's board of trustees and employee-related conflict of interest policies maintain a continuing obligation to disclose all changes in interests, activities and relationships throughout the year. The system maintains all original disclosure forms and certifications in accordance with its record retention policy. The system also compiles and issues a comprehensive report of all actual or potential interests and activities reported during the board of trustees conflicts of interest disclosure process to the organization's executive committee of the board of trustees. Thereafter, the board of trustees itself or through delegation to the audit, risk and compliance committee, evaluates all actual or potential conflicts of interest to determine whether activities or arrangements require management, reduction, or elimination of certain interests, activities or relationships. When management of the identified conflict is required, the affected person(s), members of the boards executive committee, and certain members of executive management, receive notification of the requirements set forth in the management plan. Affected persons are expected to abide by the terms of the management plan, which may include, but may not be limited to, recusal from deliberations and voting when appropriate. In addition to the above-outlined internal reporting and evaluation of activities, transactions and relationships, all required disclosures in accordance with the internal revenue service's regulations and instructions are reported on the organization's federal form 990.”

“Prior to amending its bylaws on september 1, 2017, the organization's parent entity, kennedy health system, inc., board of trustees had a compensation committee ("committee"). The committee adopted a written executive compensation philosophy which it followed when it reviewed and approved the compensation and benefits of the organization's senior management. The committee reviewed the "total compensation" of senior management which included both current and deferred compensation and all employee benefits, both qualified and non-qualified. The committee's review was completed on at least an annual basis and ensured that the "total compensation" of senior management of the organization was reasonable. Effective september 1, 2017, the organization became an affiliate within jefferson/jefferson health; a comprehensive professional university and tax-exempt integrated healthcare delivery system ("system"), with a tripartite mission of education, research and patient care. The system is committed to ensuring that its executive compensation program adheres to the highest standards of regulatory compliance and best practices in corporate governance. Thomas jefferson university's board of trustees has a compensation and human capital committee ("committee"). The committee has adopted a written executive compensation philosophy which it follows when it reviews and approves of the compensation and benefits of the system's executive compensation, including arrangements covering the president/chief executive officer, senior executives and other key employees (including clinical department chairs and select faculty). The committee meets multiple times during the year and is comprised of individuals who are independent and do not have conflicts of interest with regard to the compensation arrangements that fall within its purview. The committee's process is designed to satisfy the rebuttable presumption of reasonableness that is available under the intermediate sanctions law, and includes the review of comparability data and the contemporaneous substantiation of its deliberations and decisions. The committee's decisions are made in accordance with system's compensation philosophy, which supports the objective of attracting, retaining and motivating talented individuals who have the appropriate experience and skills to achieve the institutions objectives. On an annual basis the committee reviews appropriate comparability data for similar institutions that reflect the mission, scope and complexity of the organization and its constituent entities. The committee engages qualified, independent consultants as needed to provide advice on compensation matters and to prepare the comparability data, which are reviewed by the committee in advance of making its decisions. The committee reviews and approves compensation for the president/chief executive officer and other senior executives based on market practices, an assessment of performance and other business judgment factors. The executive compensation includes incentive pay, pursuant to which executives are rewarded based on the achievement of the system, entity and individual performance goals that are established in advance of the performance period. These goals are linked to system's mission, strategic and operating objectives, and have predetermined weights. At the end of the year, the committee approves the resulting awards based on a review of performance achievements relative to the goals; in appropriate circumstances, other discretionary factors may be considered when incentives are determined. The committee makes a determination of the reasonableness of compensation and maintains minutes that document its deliberations and decisions.”

“The organization's filed certificate of incorporation and any amendments can be obtained and reviewed through the state of new jersey department of the treasury.”

“Core form, part vii and schedule j reflects a board member and officers receiving compensation and benefits from a related organization. Please note this remuneration was for services rendered as full-time employees of a related organization and not for services rendered as a voting member or officer of this organization's board of directors.”

“Effective september 1, 2017, the organization became an affiliate within jefferson/jefferson health; a comprehensive professional university and tax-exempt integrated healthcare delivery system ("system"), with a tripartite mission of education, research and patient care. The system includes both for-profit and not for-profit organizations. Certain board members and officers listed on core form, part vii and schedule j of this form 990 may hold similar positions with both this organization and other affiliates within the system. The hours reflected on core form, part vii of this form 990, for board members who receive compensation for services rendered in a non-board capacity and paid officers, reflect total hours worked per week on behalf of the system; not solely this organization.”

“Certain reclassifications have been made to the prior year balances previously reported to conform to the current year presentation. This restatement had no effect on the organization's net assets.”

“In march of 2017 the organization implemented its infectious disease program which consists of physicians, nurses, social workers and patient service representatives dedicated to providing our patients with the highest quality care. Infectious diseases specialists are useful in cases where an infection is difficult to diagnose or does not respond to treatment.”

“Jefferson health new jersey constitutes a tax-exempt integrated healthcare delivery system. An independent cpa firm, audited the consolidated financial statements of jefferson health new jersey for the period ended august 31, 2017 and the year ended december 31, 2016; respectively. The audited consolidated finanical statements include consolidating schedules on an entity by entity basis. The independent cpa firm issued an unmodified opinion with respect to the audited consolidated financial statements each year. Kennedy health system, inc., the tax-exempt parent entity of jefferson health new jersey, audit and compliance committee has assumed responsibility for the oversight of the audit of the consolidated financial statements and the selection of an independent auditor.”

“Description:contracted services total fees:6272645”

“Description:consulting fees total fees:269602”

“Description:purchased services total fees:152027”

“Description:collection fees total fees:2568”