Olathe Medical Services Inc

“Stanley holm and krystal claymore served as an officer or director of related for-profit companies. Larry brubaker and vincent donofrio were board members of olathe health systems inc. And stanley holm, krystal claymore, jeff dossett, jason hannagan and dr. Elizabeth long were employees of olathe health system, inc. Which is the sole member of olathe health physicians, inc.”

“Olathe health system, inc. Is a not-for-profit, 501(c)(3) organization, and is the sole member of olathe health physicians, inc.”

“Olathe health system, inc. Is the sole member of olathe health physicians, inc. And has the right to elect or appoint all the board of directors.”

“Olathe health system, inc. Is the sole member, and has the right to approve olathe health physicians, inc.'s bylaws and articles of incorporation and also must approve a variety of other transactions.”

“An independent accounting firm prepares and reviews the 990. The 990 is then reviewed by the organization's management personnel. Any questions and concerns management has are addressed and any corrections or clarifications are made. A copy of the 990 is provided to every member of the board of directors before it is filed.”

“The purpose of the organization's conflict of interest policy is to protect the organization's interest when it is contemplating a decision or entering into a transaction or arrangement that might benefit the private interest of any person in a position of authority over the organization, or might result in a possible excess benefit transaction. Corporate officers and members of the board of directors review the conflict of interest policy and complete a disclosure of information form annually. A summary of the annual disclosures of information is provided to the full board for review at least one time per year. The conflict of interest policy calls for any interested person to disclose the existence of a financial relationship or competitive interest in connection with any pending transaction or arrangement. The individual is given the opportunity to disclose all material facts to the board of directors considering the proposed transaction or arrangement that gave rise to the disclosure. When a transaction involves an interested party, the following procedures are followed: 1. The interested party leaves the meeting after providing any material facts or discussion regarding the matter that gives rise to the interest unless requested to stay by the remaining board or committee members. 2. If appropriate, the board may appoint a non-interested person or committee to investigate alternatives to the proposed transaction; 3. The interested director may not vote in the matter that gives rise to the interest. 4. In order to approve the transaction, the board must first find, by a majority vote of the directors then in office, without counting the vote of the interested director: a. That the proposed transaction is in the organization's best interests and for its own benefit, and b. That, after reasonable investigation, the board has determined that the organization cannot obtain a more advantageous transaction with reasonable efforts under the circumstances.”

“Annually, the personnel and compensation committee of the board, which is comprised of independent members of the board, reviews and approves the ceo and other officers and key employees of the corporation's compensation in accordance with their compensation policy. The committee reviews third party salary surveys to review the compensation of the ceo, officers, and key employees of the corporation to determine the fair market value of the current compensation, salary ranges and benefits. Compensation for such officers is approved by the committee, and information of their findings is available to all board members. In addition, the corporation has a written contract with the ceo.”

“The organization's governing documents, conflict of interest policy and financial statements are not available to the public.”

“Olathe health physicians, inc. (ohpi) carries out their mission by providing physician and ancillary services to the general public in their service area. In 2022, ohpi provided physician services as follows: program name number of visits primary care physician services 250,883 specialists physician services 96,836 ohpi's contributions to the health of the communities includes: charity and uncompensated care olathe health physician's mission is to help people through healing, health and happiness. Olathe health physicians, inc. Provides health care to individuals who have inadequate resources to afford the services and are uninsured or underinsured or participate in governmental health programs such as medicare, medicaid and tricare. Uncompensated care is provided to our patients in the service area who meet the guidelines of the olathe health physician's charity care program. In addition, ohpi provides care to patients in excess of reimbursement to participants in the medicaid program. Charity care provided at cost $ 1,880,924 medicaid cost in excess of payments $ 3,968,469”

“The audit and compliance committee of the board was established and has oversight of the audit process, including selection of the independent accountant. As of january 1, 2023, a member substitution occurred making the university of kansas health system the sole member of olathe health system, inc. And all of its supported organizations. Tukhs operates on a fiscal year end of 6.30.2023, therefore it was determined olathe health system, inc. Would not audit the financial reports as of 12.31.2022 but would be included in the audit of tukhs financial reporting audit of 6.30.2023. Olathe health system, inc. Complied with the single audit provisions through inclusion in tukhs single audit to include ohsi calendar year 2022.”

“Transfer from affiliate $ 33,441,722”