Hh Medstar Health Inc

“Organization members the organization is an affiliate and subsidiary of medstar health, inc. Medstar health, inc., or one of its affiliates and subsidiaries, is the sole member of the organization.”

“Description of members as an affiliate and subsidiary of medstar health, inc., the organization may recommend person(s) for membership on the organization's governing body. Any such recommendation by the organization is subject to approval by the governance committee of the board of directors of medstar health, inc. The board of medstar health, inc. Has delegated certain approval authority to the governance committee and the president & ceo of medstar health, inc.”

“Approval of decisions of the governing body as an affiliate and subsidiary of medstar health, inc., the bylaws of the organization are subject to certain reserved powers, which provide that the sole member of the organization must approve certain decisions, including but not limited to matters concerning the sale or purchase of real or personal property, capital budgets, strategic planning, investments, and corporate governance.”

“Process for reviewing form 990 the process for reviewing the form 990 included education and transparency. Senior financial executives, working with independent outside experts, thoroughly reviewed form 990 and accompanying instructions. In addition, senior executives reviewed the relevant sections of the form 990 with the following committees of the organization's governing body: finance, audit, governance, strategic planning, and executive compensation. Following these meetings, the governing body was provided a copy of the form 990 in its final form and given an opportunity to provide any input or comments relating to the form 990 prior to its filing.”

“Conflict of interest policy appointment of boards of directors medstar health (and its subsidiaries) require all nominated directors, prior to their appointment or election, to disclose the existence of (or potential existence of) any transaction with medstar that would result in a conflict of interest. Such disclosures (if any) are reviewed by the governance committee of the medstar health board of directors which determines how the matter should be resolved. Annual disclosures - all officers, directors, and senior managers all officers, directors and senior managers are required, not less than annually, to complete a survey of questions concerning any transactions or relationships which would or could represent a conflict of interest. Such disclosures (if any) related to directors are reviewed by the governance committee of the medstar health board of directors which determines how the matter should be resolved. Such disclosures (if any) related to officers and senior managers are reviewed by an appropriate executive who determines how the matter should be resolved. In addition, officers and directors of maryland hospitals and nursing centers are required to annually disclose additional information relating to potential conflicts of interest and such disclosures are reported to the maryland health services cost review commission (hscrc).”

“Executive compensation policy the executive compensation committee of the board of directors of medstar health, inc. (the "committee") has oversight over the executive compensation program (the "program") of medstar health, inc. And its affiliates. Total compensation for the top management officials, officers and key employees of medstar health, inc. And its affiliates are reviewed and approved by the committee with assistance and guidance from an independent third party advisor. The members of the committee are independent from all of the participants in the program.the main objective of the program is to provide market competitive total compensation that is internally equitable and has a strong pay-for-performance linkage. Performance is evaluated at the system, operating unit, and individual levels. The overall total compensation philosophy is managed at the 75th percentile of the competitive market for comparable size (net revenue) and type (tax-exempt healthcare organizations). Where appropriate, additional industry data is considered (general business and/or taxable healthcare) for selected positions that can be recruited from or potentially lost to these industries (e.g., information technology, finance, etc.). The committee has engaged ernst & young llp ("e&y") to serve as an advisor on the reasonableness and competitiveness of the program. In determining reasonableness and competitiveness, e&y reviews market practices and trends, and makes recommendations related to the program. E&y utilizes information from custom surveys, national compensation surveys, proprietary databases, and client experiences to determine its final recommendations. E&y presents their findings and recommendations to the committee. The committee makes the final decisions on all of the compensation determinations of the program. All decisions made by the committee are contemporaneously documented.”

“Financial statement availability medstar health posts its annual financial audit and quarterly financial reports to the electronic municipal market access (emma) system. The organization also e-mails its annual and quarterly disclosures to holders of the company's publicly traded debt. The company's governance documents and conflicts of interest policies are available upon request through its corporate (or as applicable entity) public information offices.”

“The mission of medstar health, inc. (medstar health), a maryland corporation, is to serve our patients, those who care for them and our communities. Medstar health is the controlling entity of an integrated health services organization (the system) offering a wide variety of healthcare services to residents of maryland and the washington, d.c., region (comprising baltimore city, eleven counties in maryland, the district of columbia, and northern virginia). Medstar health is the region's largest health system and one of the largest employers in maryland and washington, d.c., with approximately 32,000 associates and 4,000 affiliated physicians. The system operates the largest home health business in the region with approximately 364,700 visits in fiscal year 2021. Medstar family choice, a medicaid managed care company, had approximately 170,000 covered lives as of june 30, 2021. In fiscal year 2021, medstar health hospitals had approximately 121,600 inpatient admissions and observation cases and approximately 5,855,200 outpatient visits, including approximately 386,000 emergency visits. Since march 2020, medstar health has cared for 1 in 4 covid-19 patients in the region. Operating as one medstar and aligning with guidance from the centers for disease control and prevention (cdc) and local departments of health, medstar health covid-19 preparations and response are guided by three critical drivers: providing a safe care environment for patients and associates; mitigating community spread of covid-19; and ensuring operational continuity to fulfill our core mission of caring for our communities. These efforts have evolved and transitioned in multiple way throughout the duration of the covid-19 pandemic, leading to a number of integrated care approaches in place today: utilization of medstar health urgent care, evisits and our digital capabilities to create access, rapid stand-up of testing sites, use of telehealth for primary care and follow-up visits, utilization of medstar health home care to safely manage the care continuum needs for patients, deployment of innovative laboratory approaches integrated with occupational health to better support associates managing through covid-19 exposures, stand-up of a buddy program where non-clinical associates take shifts to provide support services for nursing and care teams, establishment of community mobile units and clinics for covid-19 vaccinations/boosters, supply and maintain personal protective equipment (ppe), n95 respirators, covid-19 vaccines and boosters, execution of a mandatory covid-19 vaccination policy resulting in 99% of associates and physicians vaccinated against covid-19, and administration of more than 253,000 covid-19 vaccinations/boosters across the region.”

“Additional minimum pension liability 112,833,466. Equity transfers 18,328,258.”