Bethesda Memorial Sit - Malpractice

“The articles of incorporation were amended during the fiscal year to add two voting members to the board of directors. Such changes are effective october 1, 2017.”

“The filing organization is a grantor trust, the beneficiaries of which are bethesda hospital and its affiliated entities. The governing body of the filing organization consists of an institutional trustee, which is bethesda health, inc. The parent of bethesda hospital and its affiliates. The appointment or removal of the trustee subject to the approval of bethesda hospital, which is the primary beneficiary of the trust.”

“Bethesda hospital, inc. Must approve any amendment to or termination of the trust. Bethesda hospital also has the right to make an offer of settlement or admission of liability on behalf of itself or the other insureds.”

“The organization does not have any committees with authority to act on behalf of the governing body. The instructions indicate when this question is not applicable it should be answered "no". Therefore form 990, part vi, line 8b is answered "no".”

“The president and cfo of bethesda health, inc. Review the form 990 and all required supporting schedules.”

“The organization's conflict of interest policy covers any trustee, director, officer or member of any committee of the board with board delegated powers. The individuals covered under the policy are required to disclose annually any conflict of interest. The chairman of the board and the internal audit division of bethesda health continuously review and monitor all conflicts of interest noted by individuals covered under the policy. Any individual who has a conflict of interest is prohibited from participating in the governing body deliberations and decision in the transactions.”

“Line 15a: the board of trustees of bethesda health, inc. Annually appoints the president/ceo to a one-year term and establishes and approves the compensation of the president/ceo. The board of trustees of bethesda health periodically engages an independent outside professional compensation firm to review compensation and benefit levels of the president and chief financial officer of bethesda health. The consulting firm works independently of management and reports the information directly to the trustees of bethesda health for the officer's positions. The consulting firm provides detailed compensation and benefit data for comparably sized healthcare organizations on a regional and national basis. Based on the compensation philosophy of the board of trustees of bethesda health as it relates to the market in general and on specific compensation levels noted as the result of the consulting engagement, the board of trustees of bethesda health sets the compensation and benefits of the positions noted above. The process was undertaken in the year ended september 30, 2016. The process and decisions are documented in the board minutes. Line 15b: there are no other officers of the organization. The instructions indicate when this question is not applicable it should be answered "no". Therefore form 990, part vi, line 15b is answered "no".”

“Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to internal revenue code (irc) section 6104. These documents are not available to the public at this time.”