Holy Cross Hospital Inc

“The sole member of holy cross hospital is trinity health corporation. See line 7 for additional information.”

“Trinity health corporation is the sole member of holy cross hospital. Trinity health corporation has the right to appoint all persons to the board of directors of holy cross hospital.”

“As sole member, trinity health corporation must approve certain decisions of the governing body, including the strategic plan, annual capital plan, and annual rolling budget. Trinity health corporation must also approve significant changes such as a merger, dissolution, sale of assets in excess of certain limits, and modifications to governing documents.”

“Prior to filing, the form 990 for holy cross hospital is reviewed by senior management. In addition, certain key sections of the form are reviewed by the finance committee as well as the board of directors. Each member of the board receives a digital copy of the return in its final form before it is filed with the internal revenue service.”

“Holy cross hospital has adopted trinity health's governance policy no. 1, which sets forth the organization's conflict of interest policy and processes. It applies to all "interested persons" of holy cross hospital which includes directors, principal officers, key employees, and members of committees with board-delegated powers. Interested persons are expected to discharge their duties in a manner the person reasonably believes to be in the best interests of holy cross hospital and to avoid situations involving a conflict of interest. On an annual basis, interested persons are required to complete a conflict of interest disclosure statement and to affirm their receipt of the conflict of interest policy, compliance with its requirements, and agree to notify the organization of changes impacting their annual disclosure in accordance with the policy. The annual disclosures are provided to the integrity and compliance officer, who collaborates with internal legal counsel to assess the conflict and identify a conflict management plan when necessary. Additionally, the integrity and compliance officer along with legal counsel prepares a report for the board chair and ceo. A summary of potential conflicts is reviewed with the board of directors of holy cross hospital (or a delegated committee of the board) on a yearly basis. Interested persons are required to make full disclosure to holy cross hospital of any financial or business interests that might result in or have the appearance of a conflict of interest. The board of directors of holy cross hospital (or a delegated committee of the board) is responsible for the review of transactions to determine whether an actual conflict of interest exists. In the event of an actual conflict, the board (or a delegated committee of the board) will either avoid the conflict or appropriately scrutinize the transaction to ensure it is in the best interests of holy cross hospital. Interested persons are required to recuse themselves from discussion and voting on matters involving a conflict of interest. The policy further addresses the proper documentation of the proceedings and potential disciplinary and corrective action for violations of the policy. The policy is available to the public upon request.”

“Questions 15a and 15b are answered "no" because the compensation for certain officers and key management officials of holy cross hospital is established and paid by trinity health, a related organization. In establishing ceo compensation, trinity health follows a process and policy that is intended to mirror the irc section 4958 guidelines for obtaining a "rebuttable presumption of reasonableness" with regard to compensation and benefits. As part of that process, the compensation and benefits of the ceo of holy cross hospital are reviewed at least annually by the trinity health board or the trinity health human resources and compensation committee (hrcc) of the board, authorized to act on behalf of the board with respect to certain compensation matters. As part of its review process, the hrcc retains an independent firm experienced in compensation and benefit matters for not-for-profit health care organizations to advise it in the determinations it makes on the reasonableness of proposed compensation and benefits arrangements. For other executives who are not part of the rebuttable presumption process, trinity health uses a market analysis to determine the appropriateness of the executive's compensation.”

“Holy cross hospital is a subsidiary organization in the trinity health system. Trinity health makes certain of its key documents available to the public on its website, www.trinity-health.org, in the "about us" section. In this section, the consolidated audited financial statements are publicly available. In addition, holy cross hospital includes a copy of its most recently filed schedule h on both its own website and trinity health's website. Holy cross hospital's governing documents and conflict of interest policy are available upon request.”

“Equity transfers to affiliates -5,686,066. Equity gain in unconsolidated affiliates 531,309. Other transactions 87,597. Asset impairment -2,254,747.”

“Holy cross hospital's financial statements were included in the fy24 consolidated financial statements of trinity health, which were audited by an independent public accounting firm.”

“Dorothy mangurian comprehensive women's center harry and beatrice feldman center for optimal health holy cross health ministries holy cross clinic services holy cross health holy cross healthplex holy cross hospital clinical lab holy cross hospital healthplex medical plaza holy cross medical group holy cross orthopedic institute holy cross research center holy cross urgent care and imaging holy cross urgent care & physician offices jim moran heart and vascular research institute medical plaza the michael and dianne bienes comprehensive cancer center zachariah family wellness pavilion”