Saint Thomas Regional Hospitals

“In determining the compensation of the organization's ceo, the process, performed by ascension health, a related organization of saint thomas regional hospital, included a review and approval by independent persons, comparability data and contemporaneous substantiation of the deliberation and decision. The compensation committee reviewed and approved the compensation. In the review of the compensation, the ceo was compared to individuals at other hospitals in the area that hold the same title. During the review and approval of the compensation, documentation of the decision was recorded in the committee minutes. The individual was not present when compensation was decided. In determining the compensation of other officers or key employees of the organization, the process, performed by saint thomas health, a related organization, included a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision. The audit committee reviewed and approved the compensation. In the review of the compensation, the other officers or key employees of the organization were compared to other hospitals' employees in the area that hold the same title. During the review and approval of the compensation, documentation of the decision was recorded in the board minutes.”

“Saint thomas regional hospitals has a single corporate member, saint thomas health.”

“Saint Thomas Regional Hospitals has a single corporate member, Saint Thomas Health, who has the ability to elect members to the governing body of Saint Thomas Regional Hospitals.”

“All decisions that have a material impact to the Saint Thomas Regional Hospitals financial information or corporation as a whole are subject to approval by its sole corporate member, Saint Thomas Health. Ascension Health, the sole corporate member of Saint Thomas Health, has designed a system authority matrix which assigns authority for key decisions that are necessary in the operation of the system. Specific areas that are identified in the authority matrix are: new organizations & major transactions; governing documents; appointments/removals; evaluation; debt limits; strategic & financial plans; assets; system policies & procedures. These areas are subject to certain levels of approval by Ascension per the system authority matrix.”

“Management works diligently to complete the form 990 in a thorough manner. Due to timing, leadership reviewed the return in lieu of the return being provided to the full board.”

“The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy in that any director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest, must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of the committees with governing board delegated powers considering the proposed transaction or arrangement. The remaining individuals on the governing board or committee will decide if conflicts of interest exist. Each director, principal officer and member of a committee with governing board delegated powers annually signs a statement which affirms such person has received a copy of the conflict of interest policy, has read and understands the policy, has agreed to comply with the policy, and understands that the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish its tax-exempt purpose.”

“The organization will provide any documents open to public inspection upon request.”

“PHARMACY REVENUE - Total Revenue: 2929, Related or Exempt Function Revenue: 2929, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; MISC REVENUE - Total Revenue: 266294, Related or Exempt Function Revenue: 266294, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“The activity of saint thomas regional hospitals is reported in the consolidated financial statements of ascension health alliance. No individual audit of saint thomas regional hospitals is completed. Therefore, the attached audited financial statements are of ascension health alliance and affiliates, which include the activity of saint thomas regional hospitals.”

“PURCHASED SERVICES - Total Expense: 12009692, Program Service Expense: 10808723, Management and General Expenses: 1200969, Fundraising Expenses: ; PHYSICIAN CONTRACTED SERVICES - Total Expense: 5550520, Program Service Expense: 5550520, Management and General Expenses: , Fundraising Expenses: ; PHYSICIAN GUARANTEES - Total Expense: 546343, Program Service Expense: 546343, Management and General Expenses: , Fundraising Expenses: ; CONSULTING - Total Expense: 29047, Program Service Expense: 26142, Management and General Expenses: 2905, Fundraising Expenses: ; OTHER PROFESSIONAL FEES - Total Expense: 130000, Program Service Expense: 117000, Management and General Expenses: 13000, Fundraising Expenses: ;”

“INTRACOMPANY forgiveness - 49043210;”

“Saint Thomas Regional Hospitals' activity is part of Ascension Health Alliance's consolidated financial statements which are audited by E&Y. Ascension Health Alliance's Audit Committee is responsible for the oversight of the audit of consolidated financial statements and the selection of the independent auditor.”