Edward Health Ventures

“A detailed compensation review of the top executives, including the chief executive officer, is conducted annually. Market data is collected and assessed by an external independent compensation consultant who specializes in compensation consulting within the healthcare industry. The work product from this study is reviewed separately with endeavor health legal counsel. Market data for base and variable compensation is assessed annually for integrated delivery systems and academic medical centers that are similar in size and complexity. The market assessment includes assessing job content in order to make appropriate market data comparisons. Specific recommendations are then reviewed, discussed and approved as appropriate with the endeavor health compensation committee, in session with legal counsel present, in advance of implementation.”

“Joseph Dant, Jason Ogden, Lydia Andrasz, and Shivani Bautista - Business relationship”

“Edward health ventures' sole corporate member is edward-elmhurst healthcare, an illinois not-for-profit and section 501(c)(3) tax-exempt corporation.”

“Edward health ventures' sole corporate member, edward-elmhurst healthcare, may elect remove and replace members of the board of trustees of edward health ventures.”

“The board of trustees of edward health ventures' sole corporate member, edward elmhurst healthcare, has the following exclusive powers over edward health ventures: (i) elect, remove, and replace, trustees on the board of edward health ventures. (ii) intervene in any action or plan of the corporation to the extent the board of trustees of the corporate member, in its sole discretion, deems it necessary to do so in order to avoid significant risk to the tax exempt status, licensure, or accreditation of the corporation, the corporate member, edward hospital, any subsidiary or other affiliate of the corporate member, or any facility operated by any of the foregoing, or to avoid significant legal, regulatory or financial risk to any of them. (iii) select and appoint independent auditors for the corporation, and direct the performance of an annual independent audit of the financial condition of the corporation. In addition the approval of the corporate member shall be required to authorize the following matters: (i) the adoption, amendment, and repeal of the amended and restated articles of incorporation of the corporation and bylaws. (ii) the adoption and approval of any plan of dissolution or liquidation of the corporation, any plan of merger or consolidation of the corporation with another corporation or other entity; and/or any exchange, sale or transfer of any material portion of the assets of the corporation in any transaction or series of related transactions. (iii) the adoption, approval, amendment, restatement or modification of any financial control policy for the corporation and the taking of any action by or on behalf of the corporation not otherwise in conformance with any such policy. (iv) the amendment or revision of the initial purpose and scope of services of the corporation, including location, size, operations and activities. (v) the adoption of any and all annual operating and capital budgets, strategic plans, capital investments and/or capital allocations of the corporation. (vi) the authorization or approval of any long-term borrowing of money by the corporation, or the authorization or approval of any prepayment, in whole or in part, refinancing, increase, modification or extension of any such indebtedness. (vii) the granting of any security interest in, or otherwise providing for the encumbrance of, any of the assets or revenues of the corporation. (viii) the creation and/or addition of any direct or indirect subsidiaries or affiliates of the corporation, including, without limitation, any not-for-profit or for-profit corporations, limited liability companies, partnerships or other legal entities. (ix) the filing of a voluntary petition, or any consent to the involuntary filing of a petition, by or on behalf of the corporation, in bankruptcy or any reorganization, or any appointment of a receiver on behalf of the corporation. (x) the submission of any applications, filings or material correspondence to the illinois health facilities and services review board or any successor thereto (the "ihfsrb") for any proposed project or activity of the corporation subject to the jurisdiction of the ihfsrb, regardless of the level of capital expenditure. (xi) the purchase or sale by the corporation of any interest in real property”

“The Form 990 was reviewed by executive management and an outside accounting firm. The Form 990 was then provided to the ENDEAVOR HEALTH'S Board of Trustees for review for the ability to ask questions of management prior to filing.”

“All officers, directors and employees are required to report potential conflicts of interest to the Compliance Officer when his/her circumstances could create a conflict of interest, or prior to their arising, so that the health system can proactively review the report to identify actual and potential Conflicts of Interest.”

“Currently, the organization's governing documents and conflict of interest policy are available upon request. If a request is received for this information, it is forwarded on to either the legal department or the finance department, and the materials would then be provided to the requestor. Audited financial statements are available on the emma (electronic municipal market access) website at www.emma.msrb.org.”

“Other Operating Revenue - Total Revenue: 1086920, Related or Exempt Function Revenue: 1086920, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Medicaid Assessment - Total Revenue: 1479, Related or Exempt Function Revenue: 1479, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Health Screen and Ambulatory - Total Revenue: 16719, Related or Exempt Function Revenue: 16719, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Behavioral Care Management - Total Revenue: 2816151, Related or Exempt Function Revenue: 2816151, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“Edward health ventures follows the mission of endeavor health. The mission of endeavor health is to "help everyone in our communities be their best." central to this mission is a commitment to providing clinical programs and services that meet community health needs, while also pursuing continuous improvement to identify and understand future needs.”

“Net asset transfers to affiliates - 1035931; Change in Minority Interest - 2448131; Distributions from Joint Venture - 2626300; Total - 6110362;”