St Vincent'S Blount

“Many of the persons listed on Part VII have a "business relationship" with each other by virtue of employment at St. Vincent Health System related entities.”

“St. Vincent's Blount has a single corporate member, St. Vincent's Health System.”

“St. Vincent's Blount has a single corporate member, St. Vincent's Health System who has the ability to elect members to the governing body of St. Vincent's Blount.”

“All decisions that have a material impact to St. Vincent's Blount financial information or corporation as a whole are subject to approval by its sole corporate member, St. Vincent's Health System.”

“There are no separate committees that have the authority to act on behalf of the governing body for St. Vincent's Blount.”

“Management, including certain Officers, works diligently to complete the Form 990 and attached schedules in a thorough manner. Management presents the form to a designated committee of St. Vincent's Health System (which has oversight over this entity), to review and answer questions. Prior to filing the return, all Board Members are provided the Form 990 and management team members are available to answer any Board Members' questions.”

“The Organization regularly and consistently monitors and enforces compliance with the Conflict of Interest Policy in that any director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest, must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of the committees with governing board delegated powers considering the proposed transaction or arrangement. The remaining individuals on the governing board or committee meeting will decide if conflicts of interest exist. Each director, principal officer, and member of a committee with governing board delegated powers annually signs a statement which affirms such person has received a copy of the Conflict of Interest Policy, has read and understands the Policy, has agreed to comply with the Policy, and understands that the organization is charitable and in order to maintain its federal tax exemption it must engate primarily in activities which accomplish its tax exempt status.”

“In determining the compensation of the organization's CEO, the process, performed by Ascension Health, a related organization of St. Vincent's Blount, included a review and approval by independent persons, comparability data and contemporaneous substantiation of the deliberation and decision. The Compensation Committee reviewed and approved the compensation. In the review of the compensation, the CEO was compared to individuals at other organizations in the area who hold the same title. During the review and approval of the compensation, documentation of the decision was recorded in the Committee minutes. The individual was not present when his compensation was decided. In determining compensation of other officers of the organization, the process, performed by St. Vincent's Health System, a related organization of St. Vincent's Blount, included a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision. The St. Vincent's Health System compensation committee reviewed and approved the compensation. In the review of the compensation, the other officers and key employees of the organization were compared to individuals at other hospitals in the area who hold the same title. During the review and approval of the compensation, documentation of the decision was recorded in the board minutes.”

“The Organization will provide any documents open to public inspection upon request.”

“Independent Contractor Reporting: Compensation of independent contractors is paid by and reported on the Form 1096, Annual Summary of Transmittal of U.S. Information Returns, of Ascension Health EIN 31-1662309. Expenses are allocated to and reimbursed by the filing organization to Ascension Health. As such the organization has not reported independent contractors paid on Form 990, Part VII, Section B.”

“The financial statements of St. Vincent's Health System, which include the activity of St. Vincent's Blount, fall under the full scope audit of Ascension Health Alliance. The activity of St. Vincent's Blount and other members of St. Vincent's Health System are reported in the consolidated financial statements of Ascension Health Alliance. No individual audit for St. Vincent's Blount is completed. Therefore, the attached audited financial statements are of Ascension Health Alliance and Affiliates (which include the activity of St. Vincent's Blount).”

“Capital Contribution 34,512,406.”