MID-Sussex Medical Center Inc

“Changes to governing documents as of july 29, 2020, mid-sussex medical center, inc. Was renamed to tidalhealth physician network, inc.”

“Members or stockholders tidalhealth, inc. Is the sole shareholder of the organization.”

“Election of members of governing body tidalhealth, inc., the sole shareholder of tidalhealth physician network, inc, has the power to appoint all board members.”

“Approval of governing body decisions the following powers are reserved for tidalhealth, the sole member: a) the power to approve amendments to the certificate of incorporation and the bylaws of the corporation, b) the power to approve the annual capital and operating budgets of the corporation and to approve substantial unbudgeted expenses, c) the power to approve the selection of independent auditors and accountants for the corporation, d) the power to review and approve the business and strategic plans of the corporation, e) the power to approve the insurance of any indebtedness by the corporation above the amount that shall be specified by the sole member, f) the power to approve the acquisition of, or merger with, another entity, or the formation of any partnership, joint venture or other legal relationship in which the corporation shall have any interest, financial or otherwise or shall have any voting rights, g) the power to approve the selection of the president of the corporation, h) the power to review and approve the policies of the corporation in connection with community health needs, and i) the power to approve the directors, officers and agents of the corporation.”

“Review process of form 990 the completion of the organization's form 990 has been delegated to the agent of the organization by the president of tidalhealth, inc., the parent corporation of both tidalhealth peninsula regional, inc. (tpr) and the organization. The agent of the organization is also the chief financial officer of tpr. The organization's form 990 is reviewed by the president of tpr. A copy of the form 990 was made available to all members of the governing body prior to the filing with the irs.”

“Monitoring and enforcement of conflict of interest policy a conflict of interest policy has been adopted by the organization's board of directors/executive committee. The board of trustees is required to disclose annually, in writing, any and all interests which they or any immediate family member may have in any business entity which has or seeks a contractual or competitive relationship with the organization. The board will have the authority to determine if a violation has occurred and whether any interest which should be disclosed should disqualify a director from participating in any specific board discussion or board membership.”

“Process for determining compensation compensation of the organization's president is determined by the president of tidalhealth peninsula regional (tpr), a related tax exempt organization identified in form 990, schedule r. The organization's president is an employee of tpr and receives all compensation from this related organization.”

“Availability of documents to public the organization's governing documents, conflict of interest policy, financial statements, and form 990 are available to the public upon request to the organization's or the public information office of tidalhealth peninsula regional, inc. At 100 east carroll street, salisbury, md 21801.”

“Access to health care in most of rural america continues to be challenging when it comes to recruiting primary care providers. Sussex county delaware is designated as a primary care shortage area. Tidalhealth, inc, the parent company of tidalhealth physician network, has focused on this problem for several years and has been able to open medical centers in the small communities surrounding seaford. Family practitioners have been placed in nanticoke's georgetown, bridgeville, laurel, delmar and seaford communities in delaware and the federalsburg community in maryland. Tidalhealth physician network primary care practices received and maintains a level 3 recognition as a patient-centered medical home by the national council on quality assurance. This is the highest recognition received in the state of delaware. Tidalhealth physician network provides quality medical care regardless of race, creed, sex, sexual orientation, national origin, handicap, age, religion, disability, genetics or ability to pay. Although reimbursement for services rendered is critical to the operations and stability of tidalhealth physician network , it is recognized that not all individuals possess the ability to purchase essential medical services. Therefore, in keeping with the physician network's commitment to serve all members of the community, health activities and programs needed to support the community will be considered where the need and/or the individual's inability to pay co-exist.”

“Transfer of assets to tidalhealth medical partners 306,184. Transfer of capital from tidalhealth nanticoke 1,400,000.”