Owensboro Health Medical Group Inc

“Ohmg's top management official's compensation is determined by its parent organization, oh. Oh uses a process that complies with the rebuttable presumption of reasonableness. Oh's compensation process is as follows: - total compensation is the sum of each executive's base salary, incentive opportunity, benefits, and perquisites. - our total compensation philosophy will apply to all executives of the organization. - cash compensation and benefits plans provisions will be, on average, competitive with those healthcare organizations within which we compete for executive talent. Our labor market is defined as successful and comparably sized healthcare organizations on a national level. Success is measured in terms of financial and operational performance and market leadership. - competitive positioning of base salaries, as reflected by the salary range midpoints, will be at the 50th percentile. Executives may be placed above or below the salary range based on the: executive's knowledge, competencies, and experience; performance of the executive's area of responsibility; the executive's contribution to the organization's overall performance; internal equity considerations; the financial resources available; and, executive base salary increases provided in the competitive market. - annual incentive opportunities will be positioned between the 50th and 75th percentile depending on the degree to which performance goals are met or exceeded. Total cash compensation, as reflected by base salaries and annual incentives, will also be positioned between the 50th and 75th percentiles and will be influenced by performance results as measured against established goals. - the organization will provide appropriate and competitive supplemental benefits and perquisites delivered in a flexible structure to allow for individual choice and based on the organization's mission and business needs. - our executive compensation plan will be designed, managed and maintained in a manner that will: support and complement our mission, management philosophy, short- and long-term business strategies, and employee relation's goals; attract and retain executives with the right skills, abilities and motivation to achieve our business objective; and ensure the executive total compensation is reasonable and competitive. - our cash compensation and benefits plans will be reviewed and adjusted periodically to meet the changing business and organizational characteristics of our organization and its executive staff. The compensation of each individual executive will be reviewed and approved in a manner consistent with the intermediate sanction tax regulations. The last compensation review process was completed in 2024 by sullivan cotter.”

“The sole member of owensboro health medical group, inc. (ohmg) is owensboro health, inc. (oh).”

“Owensboro health, inc., as the sole member, has the right to nominate, appoint and elect the directors of owensboro health medical group, inc. In accordance with the by-laws.”

“The following acts require the approval of the sole member, owensboro health, inc.: (1) the admission of any member to the corporation; (2) a merger, consolidation, corporate restructures or other similar action; (3) the dissolution of the corporation; (4) any change of name of the corporation; and (5) any matter concerning which kentucky statutes specifically allow for members with voting rights to vote.”

“The form 990 is reviewed by the internal finance team and forwarded to the cfo for final review and approval before filing.”

“Under ohmg's conflict of interest policy, each director, officer, member of a committee with board-delegated power, and key employee is required annually to complete the following: (1) confidentiality statement, (2) disclosure certificate, and (3) independence and related party questionnaire. These disclosures are reviewed and retained by the chief legal officer of oh, who is also in the approval chain for all oh contracts. All completed contracts are maintained by the compliance department in a searchable database (through icontract). Oh maintains a compliance hotline through which anyone with knowledge of a conflict of interest or improper vendor relationship can anonymously report suspect violations of the policy.”

“The organization's form 1023 and form 990 are available for public inspection upon request. The organization's form 990 is also available on guidestar's database available at www.guidestar.org. The organization's articles of incorporation are available on the kentucky secretary of state's website at https://app.sos.ky.gov/ftsearch/. Otherwise, the organization does not make its governing documents or conflict of interest policy available to the public.”

“ALL OTHER - Total Revenue: 289414, Related or Exempt Function Revenue: 289414, Unrelated Business Revenue: 0, Revenue Excluded from Tax Under Sections 512, 513, or 514: 0; ELECTRONIC HEALTH RECORD INCENTIVE PAYMENT - Total Revenue: 0, Related or Exempt Function Revenue: 0, Unrelated Business Revenue: 0, Revenue Excluded from Tax Under Sections 512, 513, or 514: 0;”

“PHYSICIAN FEES - Total Expense: 22105995, Program Service Expense: 22105995, Management and General Expenses: 0, Fundraising Expenses: 0; OTHER - Total Expense: 1085582, Program Service Expense: 908622, Management and General Expenses: 176960, Fundraising Expenses: 0;”