Ace Care Services Inc

“Form 990 review process the corporation provides a complete copy of its form 990 to all members of the governing body of the ultimate parent corporation of the presence health system for review prior to filing with the irs. The board of directors of the corporation and other subsidiary organizations within the presence health system are internal limited fiduciary boards which do not receive a completed copy of the form 990 prior to filing. As a result, the corporation answers "no", to form 990, part vi, line 11a.”

“Procedures for addressing conflicts of interest the purpose of the conflict of interest policy is to protect the interests of presence health network and all of its affiliated ministries (collectively "presence health") when it is contemplating entering into a transaction or arrangement that might benefit the private interest of any director, trustee, officer, corporate member appointee, member of a committee with board-delegated powers, senior leaders, and others in a recent position to exercise substantial influence over presence health ("interested persons"), and clarify the standards of conduct, duties and obligations of interested persons in the context of potential conflicts of interest by providing a method for disclosing and resolving such potential conflicts. No presence health entity will engage in any contract, transaction or arrangement involving a conflict of interest unless disinterested members of the applicable board of directors or other governing body determine by a majority vote that appropriate safeguards to protect the charitable mission of presence health have been implemented. To facilitate this policy, all interested persons have a continuing obligation to promptly disclose the existence and nature of any actual, apparent, or potential conflicts of interest he/she may have. All disclosures must be provided to the system compliance officer and general counsel in a written description of the material facts. Disclosure shall be on a conflicts of interest questionnaire or similar format as described in the conflicts of interest policy. All interested persons shall also complete a questionnaire based on the assumption of the board (or other relevant) position, and thereafter on at least an annual basis or when an actual, apparent, or potential conflict arises. At any time that an actual, apparent or a potential conflict of interest is identified to the corporations board of directors, whether through the voluntary submission of a disclosure statement by an interested person, or by a disclosure by a person other than the subject interested person, the corporations board or applicable committee shall review the matter and determine whether a conflict of interest exists. Once all necessary information has been obtained, only disinterested directors/committee members vote to determine whether a conflict of interest exists. If a conflict is found to exist the interested person will generally be required to recuse him or herself during any meeting in which the board of directors or applicable committee conducts the evaluation of the subject transaction, except to answer questions as may be necessary. To ensure that the presence health operates in a manner consistent with its charitable purposes and that it does not engage in activities that could jeopardize its exempt status, transactions involving interested persons are only approved if, after exercising reasonable due diligence, the board determines they are fair and reasonable, taking into account factors such as whether presence health could obtain a more advantageous contract, transaction or arrangement. However, lending money or guarantying an obligation of a director, officer, or employee of presence health (exclusive of customary insurance coverage for acts done in connection with such individuals service to or employment by presence health) is strictly prohibited.”

“Document availability the corporations articles of incorporation are on file with the state of illinois. The consolidated audited financial statements of the corporation, together with its affiliates, are available from the national dissemination agent as required by presence health systems bond documents. Conflicts of interest policies are not made available to the public, however a summary of the current policy is annually included in schedule o of the corporations form 990.”

“Mission statement/significant activity the mission of ace care services ("acs") is to participate, either directly or through ownership in ace care partners, llc ("acp"), innovative care providers, llc ("icp") or one or more other affiliated entities of the corporation, as a contractor with the state of illinois for managed medicaid contracts in an accountable care entity ("ace") for the promotion of the health and well-being of patients in illinois.”

“MISSION STATEMENT THE MISSION OF ACE CARE SERVICES ("ACS") IS TO PARTICIPATE, EITHER DIRECTLY OR THROUGH OWNERSHIP IN ACE CARE PARTNERS, LLC ("ACP"), INNOVATIVE CARE PROVIDERS, LLC ("ICP") OR ONE OR MORE OTHER AFFILIATED ENTITIES OF THE CORPORATION, AS A CONTRACTOR WITH THE STATE OF ILLINOIS FOR MANAGED MEDICAID CONTRACTS IN AN ACCOUNTABLE CARE ENTITY ("ACE") FOR THE PROMOTION OF THE HEALTH AND WELL-BEING OF PATIENTS IN ILLINOIS. FORM 990, PART III, QUESTION 3 ACE Care Services, Inc. (ACS) was established to act as an Accountable Care Entity (ACE) in conjunction with the State of Illinois mandate that 50% of all Medicaid Covered Enrollees be enrolled in a form of risk-based care coordination system by January 1, 2015. As a result of the State of Illinois announcing that it would no longer provide care management fees to ACE Care Services and all other ACEs, ACS began transferring its covered lives to a Managed Care Organization (MCO), Family Health Network. As of September 1, 2016 all covered lives have been transferred to FHN and therefore the contract with the State of Illinois terminated. Since the contract is now terminated ACS is no longer legally required to provide care management services and all activity has ceased pending final dissolution of the corporation.”

“Compensation and form w-3 transmittal of wages and tax statement acs ("the corporation") reports 0 employees on form 990, part i, question 5 and form 990, part v, question 2a as it is not required to file form w-3, transmittal of wages and tax statement. The corporation does not have any employees.”

“Form 1096 transmittal of u.s. Information returns the corporation reports 0 on form 990, part v, question 2a as it is not required to file form 1096, transmittal of u.s. Information return.”

“Description:med. Mgmt & care coordination total fees:2360531”

“Description:consulting total fees:3090”