Anmed Health System

“The organization shares its management oversight with anmed health, a related organization. On october 1, 2009, the hospital system entered into a services and affiliation agreement with atrium. The agreement appoints atrium as the manager of the hospital system. The board of anmed health continues to oversee the operations of the healthcare facility and related tax exempt activities. The agreement with atrium health expired september 30th, 2019 and was not renewed. As part of the agreement, anmed health grants atrium the responsibility for management of the health system, subject to the general approval of the board of trustees of anmed health. Board approval is required for large capital expenditures, sale or disposal of system assets, and borrowing in excess of immaterial amounts. Atrium is required to provide key management personnel. The organization is utilizing form 990 parts vii and schedule j to report compensation received by these individuals for services provided to anmed health system and its related organizations.”

“The return was prepared by an independent accounting firm with assistance and oversight by management. Upon completion and review by management, the return was placed on a secure website prior to the october 2019 board meeting. At the meeting, board members had an opportunity to discuss the return and ask questions of the cfo and a representative of the accounting firm.”

“The organization shares its conflict of interest policy and procedures with anmed health, a related organization. A copy of the disclosure of interest policy, along with an explanation and questionniare, are sent to all trustees, executive staff, medical staff with administrative responsibility, selected employees, and volunteers annually. The questionniare must be completed and returned to the chairman of the board. A report is submitted to the board concerning any interests that are disclosed. In situations where a potential conflict is found, the board reviews the circumstances before a vote or discussion of matters involving interested parties.”

“The organization does not directly compensate any officers or trustees. The boards of anmed health system and of anmed health are the same body, and compensation for the system's director is reviewed annually and approved by this governing body.”

“Photocopies of the form 990 are available upon request at the organization's accounting offices.”

“Photocopies of the organization's governing documents and conflict of interest policy are available upon request at the organization's executive office. Copies of the financial statements are available on a secure website for bondholders. Please contact the executive office for details.”

“Board member compensation: dr. Stephen hand is compensated by a related organization for services rendered to the hospital system. All payments to him on part vii of the form 990 are for medical services. Dr. Anne cook is compensated by a related organization for services rendered to the hospital system. All payments to her on part vii of the form 990 are for medical services. Dr. Syed malik is compensated by a related organization for services rendered to the hospital system. All payments to him on part vii of the form 990 are for medical services.”

“The compensation provided to retired ceo, john miller, represents the benefits earned under various supplemental survivor benefit split dollar plans, as well as the provision for tax obligations for the distributions.”

“Other net changes of subsidiaries, eliminated in consolidation 105,328,898. Equity transfer to affiliates 230,516.”

“The organization received audited financial statements on a consolidated basis with anmed health enterprises, inc., anmed health, the anmed health foundation, and their controlled and majority owned affiliates. All significant intercompany accounts and transactions have been eliminated.”