Lifebridge Health Inc

“The lifebridge exempt entities 990's are initially reviewed by the assistant vice president of financial reporting. In addition, an independent accounting firm also reviews all the 990 returns. A formal meeting is then scheduled with the chief financial officer, vice president of financial reporting, general counsel, the assistant vice president of financial reporting, and the tax manager to review in their entirety all the lifebridge exempt entities 990's. Management then provides a copy of the 990's to the members of the lifebridge health board.”

“All directors, officers, employees, medical staff members, and volunteers are expected to recognize and disclose at the earliest possible time actual and potential conflicts of interest. An individual is considered to have a conflict of interest with regard to a matter or transaction if the individual or a family member of the individual has a personal or financial interest that has the potential to influence the action taken by the individual on behalf of lifebridge health. Additional information regarding what constitutes a conflict of interest and how to disclose a conflict is outlined below. Lifebridge and all of its subsidiaries shall require all employees, medical staff, and members of the board to disclose any activities that could result in a possible conflict of interest. If a conflict is identified, the person involved would recuse him/herself from deliberations regarding the transactions. An individual is considered to have a conflict of interest with regard to a matter or transaction if the individual has a personal or financial interest that has the potential to influence the action taken by the individual on behalf of lifebridge or any of its subsidiaries. An individual is considered to have a "personal interest" in a matter if it is likely to have a direct and material impact on the individual's relationship with lifebridge or any of its subsidiaries (e.g., the individual's continued membership on a subsidiary hospital's medical staff), or on the individual's own health care, or the individual is personally involved in a substantial way (e.g., serves as an officer, director, trustee, or key employee) with another organization that has a significant interest in the matter. An individual is considered to have a "financial interest" in a transaction if the individual, or their family member, (i) is a party to the transaction, (ii) will benefit personally from the transaction, or (iii) has, directly or indirectly, a current or anticipated ownership or investment in, or compensation arrangement with, a party to the transaction. An ownership interest of less than 5 in an entity will not, in and of itself, generally be considered a financial interest; however, to the extent the individual's compensation from the entity is directly linked to the entity's business with lifebridge health, such compensation will constitute a financial interest. For the purposes of this policy, a "family member" includes spouse or domestic partner, parents, brothers and sisters, children (whether natural or adopted), grandparents, grandchildren, great-grandchildren, and in-laws, spouses of brothers, sisters, children, grandchildren, and great grandchildren, and any other member of a household of the individual. Conflicts of interest are to be reported by employees to their supervisor, who will be responsible for determining whether further dissemination is necessary. Members of the medical staff should report conflicts to the chief of their department, and members of the board should report them to the chief compliance officer. Questionnaires are sent out to members of the board on an annual basis. If questions arise or further guidance is sought, individuals can contact the chief compliance officer or confidential compliance hotline. Nothing in this definition is intended to relieve any person of any additional obligations that may be imposed by state or federal law.”

“Executive compensation at lifebridge health is overseen by the compensation committee of the board of directors. Committee members may not have any financial ties to the organization and must be board members of lifebridge health or a lifebridge hospital. The chair of the lifebridge health board of directors serves as committee chair. The committee provides a report of its activities to the full board of directors at least annually. Compensation packages have been designed to attract and retain skilled and experienced executives and to incentivize them to work toward key strategic objectives. The committee employs independent consultants to ensure that compensation levels are consistent with market norms. Greatest emphasis is placed upon data from healthcare organizations of comparable size and organizational complexity in the mid-atlantic region. All executive incentive and benefit programs are established by the compensation committee, as is the base salary of the chief executive officer, all executive vice presidents, and selected other senior executives. Base salaries of other executives are set by their respective supervisors, in accordance with guidelines established by the committee and subject to the committee's oversight. A substantial portion of all executives' total compensation is contingent upon the achievement of both system-wide and individual objectives. Each year's system-wide objectives are approved by the compensation committee and typically include both financial and nonfinancial goals. An executive who fails to achieve the objectives established for the incentive programs will earn below market levels; conversely, the attainment of extraordinary results will be rewarded by above-average compensation. There is contemporaneous documentation and recordkeeping for deliberations and decisions regarding the compensation arrangements.”

“It is the policy of lifebridge health, inc. And its subsidiaries to make available upon request the audited financial statements to the general public. The lifebridge health, inc. And subsidiary governing documents are not made available to the general public upon request or via a website. The conflict of interest policy is included in schedule o.”

“Lifebridge health, inc. Reports management salaries in functional expenses. The system uses its supported entities as common paying agents. Lifebridge health, inc. Reports compensation from employees who receive their w-2 from various supported entities - sinai hospital of baltimore, northwest hospital center, levindale hebrew geriatric center and hospital, grace medical center, inc. And carroll hospital center - in its financial statement presentation.”

“Lifebridge health, inc. Reports the distribution of expense for goods and services provided to the entity in its financial statement presentation.”

“Lifebridge health, inc. Holds investments for the benefit of sinai hospital of baltimore, inc., northwest hospital center, inc., levindale hebrew geriatric center and hospital, inc., grace medical center inc. And carroll hospital center, inc. The income, investment management fees and realized and unrealized gains or losses are recorded on the form 990 of these entities.”

“To support the charitable missions of its subsidiaries, including sinai hospital of baltimore, northwest hospital center, levindale hebrew geriatric center and hospital, carroll hospital center, center for hope, west baltimore renaissance foundation, and grace medical center.”

“Lifebridge health is dedicated to maintaining and improving the health and well-being of all people in greater baltimore, with special emphasis on baltimore city and baltimore and carroll counties. In so doing, lifebridge is committed to being the best, most respected health care system serving the northwest region, favored by the greatest number of patients and physicians in that area. Lifebridge health values, above all else, the delivery of compassionate, high-quality health and health-related services to the community, regardless of age, race, ethnicity or financial circumstances of its patients or customers. In delivering these services, lifebridge health honors the heritage of its constituent institutions, preserving their traditions and asserting their values boldly for the benefit of all.”

“Transfers to/from affiliates $ 11,969,655 =========== total to form 990, part xi, line 9 $ 11,969,655”

“This process has not changed from the prior year.”

“Description:professional & technical total fees:27593234”

“Description:other purchased services total fees:16449408”

“Description:purchased data processing total fees:9092204”

“Description:collection services total fees:8282096”

“Description:purchased temporary help total fees:2944189”

“Description:repair & maintenance svcs total fees:1880706”

“Description:contract cleaning total fees:273445”

“Description:agency nurses total fees:45392”