Kings Physician Services PC

“The organization has a shareholder who also serves as the chief medical officer, an employee of the NewYork-Presbyterian/Brooklyn Methodist. Dr. Silber is the sole shareholder of Kings Physician Services, P.C.. THE P.C. IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE SOLE PURPOSE OF SUPPORTING AND FURTHERING THE CHARITABLE PURPOSES OF NewYork-Presbyterian/Brooklyn Methodist.”

“No action may be taken by a shareholder, officer, or director, without the written consent of NewYork-Presbyterian/Brooklyn Methodist.”

“Finance coordinated and completed all of the information required for Form 990 accessing various resources including legal, human resources, development and other departments as needed. Senior finance executives complete a review of the return in conjunction with Ernst & Young U.S. LLP, paid preparer, prior to submission to the chairman of the audit and corporate compliance committee. The chairman of the audit and corporate compliance committee conducts a detailed review. Upon completion of the audit chairman's review and approval, the 990 is made available to the governing body preceding the filing. Kings Physician Services, P.C. files the 990 upon final approval.”

“Kings Physician Services, P.C. adheres to a conflict of interest (coi) policy that was approved by the audit and corporate compliance committee of the board of trustees. The policy states in part: "Each Board Member, Officer or Key Person of a New York-Presbyterian Organization shall complete a conflict of interest questionnaire prior to becoming a Board Member, Officer or Key Person of the New York-Presbyterian Organization and annually thereafter." The policy also states that "each Board Member, Officer, or Key Person shall promptly advise the Chief Executive Officer of the New York and Presbyterian Hospital, or his or her designee, of any changes to the information provided in that individual's last completed conflict of interest questionnaire." The Chief Executive Officer of the New York and Presbyterian Hospital, or his or her designee, shall review all completed questionnaires and all subsequent advice of changes and shall take such action as is deemed appropriate to eliminate potentials for conflicts of interest, including such steps as reassignment of responsibilities or establishment of protective arrangements. All disclosures of interests in completed questionnaires or subsequent advice, unless clearly irrelevant or immaterial, shall be compiled and reported by management to the Audit and Corporate Compliance Committee, together, in each case, with response or recommendation of management. The Audit and Corporate Compliance Committee shall determine whether the reported resolution of issues raised by the disclosures is satisfactory and, if not, shall require such further action as it deems appropriate.”

“The organization did not compensate its top management officials, officers, or key employees. Such individuals that are shown on form 990, Part VII are compensated by a related organization following that organizations compensation policy.”

“External requests for our governing documents, conflict of interest policy, and financial statements are reviewed for validity. These requests are then granted if deemed appropriate.”

“Description:billing fees total fees:167396”