Chatham Hospital Inc

“The organization's sole member is the university of north carolina health care system.”

“The University of North Carolina Health Care System appoints the Chair and Vice Chair of the Board and approves all other members, not less than seven (7) and no more than fifteen (15).”

“In addition to such powers and rights as are vested in it by law, the amended and restated articles of incorporation of the corporation or the amended and restated bylaws, the member ("unchcs") shall have the following powers: (a) the power to appoint the chairman of the board, vice chairman, president, executive vice presidents, secretary/treasurer and other corporate officers of the corporation; (b) the power to appoint individual members of the corporation's board of trustees; (c) the power to establish and maintain quality, service delivery, and financial standards to be observed by all members of unchcs, including the corporation; (d) the power to establish a schedule of cost-based assessments payable by provider components of unchcs for the support of that portion of its operating budget attributable to unchcs-wide administration and initiatives and reflecting operating entity performance; (e) the power to negotiate, develop, and approve all managed care products and contracts for the corporation; (f) the power to approve (i) the corporation's name, (ii) capital and operating budgets of the corporation, and (iii) non-budgeted material expenditures of the corporation (as "material" is established by the member from time to time), provided that only the board of trustees shall have the authority to initiate a change in the name of the corporation of the hospital, which shall be subject to final approval by unchcs; and (g) other powers mutually agreed to by unchcs and the corporation.”

“The form 990 was prepared by an independent accounting firm with assistance and oversight by management. The organization's president and cfo reviewed the form 990 and the full board received a copy of the form 990 prior to filing.”

“The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy by requiring all board members and officers to annually complete and sign a questionnaire documenting any area of conflict of interest. The board members and officers are required to report and document any new areas of conflict of interest as they arise.”

“The Organization uses an Independent Consultant to measure fair value of compensation for the Organization's President and other top management. The Organization's Board reviews and approves the compensation for all Officers.”

“The organization makes its governing documents, financial statements and conflict of interest policy available upon request at the organization's administrative offices.”

“Board members and officers contribute their time and services upon request and on an as-needed basis, which, throughout the year, may differ from the average number of hours per week reported on part vii line 1b.”

“Process has not changed from the prior year.”

“Description:contracted profess servic total fees:12214685”

“Description:outside medical services total fees:4146482”

“Description:other contracted services total fees:163760”