Grant Memorial Hospital

“This committee shall consist of the chairperson, vice chairperson, three (3) other voting members of the board, and the ceo and chief of the medical staff in ex-officio, non-voting capacity. During the intervals between meetings of the board, the executive committee may act in the name, and with the full power, of the board provided that any such action shall not conflict with the policies of the board of trustees and be occasioned by an emergent situation in which an emergency meeting cannot be held. Any action taken by the executive committee shall set forth the reason action was required to be taken prior to the next scheduled meeting of the board and why an emergency meeting was not called. This committee may request the chairperson to call a special meeting of the board of trustees when a situation dictates. This committee shall meet as necessary and shall report to the board as a whole.”

“The hospital has a dual certification in that it is a political sub-division of grant county.”

“The grant county commission appoints members to the board who reside in grant county. The hospital is a political sub-division or component unit of grant county (county hospital).”

“The tax return will be reviewed by management and is given to every board member of the board after the return is filed.”

“Trustees and administration officials shall be required to complete a written conflict of interest statement annually which shall disclose the extent of financial dealings with the organization by all businesses or other organizations in which they, or members of their immediate families, have a beneficial interest. A beneficial interest with an organization will be considered to exist when a trustee or administration official or a member of his/her immediate family is an officer, director, trustee, partner, employee or agent of the organization, or owns five percent of the voting stock or controlling interest in that organization, or has any other substantial interest or dealings with the organization. At such time, if any matter should come before the board of trustees in such a way as to give the rise to a conflict of interest, the affected member of the board shall make known the potential conflict and if advisable, withdraw from the meeting for so long as the matter shall continue under discussion. Should the matter be brought to vote, the affected member shall not vote, nor be counted in establishing a quorum for the vote on that matter. Proceedings related to the conflict of interest matters before the board of trustees shall be documented in the minutes of that meeting. Every january, the ceo and chairman ensure the conflict of interest forms are completed. They review the forms to identify any instances they can foresee and discuss them with the board.”

“Every year a survey is conducted through the state on average salaries for the ceo of the organization. This ensures the hospital is paying no more than fair market value for the ceo compensation. The compensation averages are given to the board of trustees and they have final say on the actual compensation for the ceo of the hospital”

“The tax return is submitted to the west virginia healthcare authority under the state of west virginia's financial disclosure statute.”

“It is required by west virginia law that all hospitals file audited financial statements, medicare/medicaid cost reports, chargemaster and signed copy of worksheet 12 of the uniform report n to the west virginia health care authority. Information submitted to the west virginia health care authority may be obtained under the freedom of information act. The governing documents and the conflict of interest policy will be made available to the public upon request.”

“Other fees: program service expenses 5,965,061. Management and general expenses 808,893. Fundraising expenses 0. Total expenses 6,773,954.”

“The organization's board of directors assume responsibility for oversight of the audit. The process is consistent with prior years and has not changed.”