Tishomingo Health Services Inc

“Tishomingo health services, inc. Is a not-for-profit, nonstock, membership corporation of which north mississippi health services, inc. Is the sole member and has sole voting control.”

“The governance committee of north mississippi health services, inc. (nmhs), which is made up of past chairmen, nominate candidates for the board. These candidates are then approved by the board of nmhs.”

“The board of north mississippi health services, inc. Approves all transactions that exceed $1 million.”

“The form 990 goes through a review process in the accounting department. The accountant for each facility reviews the returns for reasonableness and accuracy. All totals are tied to the audit reports, and all amounts are cross-referenced to schedules or other parts of the actual return. Once the accountant reviews, the accounting supervisor and the director of accounting reviews. The supervisor does a detailed review by checking the return for the same items that the accountant checked for. Then the director does a more high level review, reading the return for reasonableness and comparing prior year amounts to current year amounts. Finally, the vp of finance reviews the return for reasonableness. The returns are then sent to the executive vp/treasurer to be reviewed. The chief financial officer signs the return and it is then sent to the irs.”

“An annual conflict of interest questionnaire is required to be completed by all officers and directors of the organization. The questionnaire is reviewed by north mississippi health services, inc.'s compliance officer and conflict committee. The conflict committee reviews conflict transactions and makes recommendations to the board of directors regarding conflict transactions in accordance with the organization's conflict of interest policy. All members of the conflict committee are prohibited from engaging in transactions with the organization or its affiliates during their tenure on the conflict committee and one year after their service concludes.”

“An independent compensation consulting firm, korn ferry, is used to help establish the compensation of the senior executives. The firm presents their independent analysis, which contains comparability data, to the compensation committee of north mississippi health services, inc. (nmhs). The compensation of the individuals are then approved by the compensation committee. The salaries of nmhs' senior executives are then reviewed by the nmhs board of directors. The individual whose compensation is being discussed is not present during the discussion or approval of their compensation. The discussions and decisions regarding the compensation are documented in the minutes of the meetings. Compensation of these individuals is approved annually.”

“An independent compensation consulting firm, korn ferry, is used to help establish the compensation of the senior executives. The firm presents their independent analysis, which contains comparability data, to the compensation committee of north mississippi health services, inc. (nmhs). The compensation of the individuals are then approved by the compensation committee. The salaries of nmhs' senior executives are then reviewed by the nmhs board of directors. The individual whose compensation is being discussed is not present during the discussion or approval of their compensation. The discussions and decisions regarding the compensation are documented in the minutes of the meetings. Compensation of these individuals is approved annually.”

“The governing documents, conflict of interest policy, and financial statements are available to the public upon request. A consolidated statement of operations is available on the organization's website.”

“- Total Revenue: 2029, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 2029;”

“Nmmc-iuka serves tishomingo county and the surrounding area. In fiscal year 2024, there were 785 inpatient admissions, 7,877 emergency department visits, 45,875 outpatient visits and 17,222 rural health clinic visits. Nmmc-iuka uses press ganey, the largest patient satisfaction survey company in the nation, that works with more than 7,000 healthcare facilities. Randomly selected patients are asked about their experience with inpatient, outpatient, er, and long term care services. Inpatient care includes 24 hour direct patient care with multi-disciplinary services, including: nursing, radiology, laboratory, ultrasonography, nuclear medicine, ct, magnetic resonance imaging (mri), physical therapy, occupational therapy, respiratory therapy, food and nutritional services, and social services. The hospital also has 10 certified swing beds for patients who need extended care based on availability and resources. Nmmc-iuka offers 24-hour emergency services and paramedic-level ambulance services. Outpatient services include physical therapy, occupational therapy, laboratory, radiology, respiratory care, infusion, wound care and cardiac monitoring. Nmmc-iuka is the recipient of two vha leadership awards, honoring the hospital for meeting or exceeding national performance standards for clinical care and quality. Vha serves more than 1,400 not-for-profit hospitals and more than 24,000 non-acute health care organizations nationwide. Nmmc-iuka was one of only 38 vha member organizations to receive a 2009 leadership award for clinical excellence. One of the primary ways nmmc-iuka serves the community is by providing care to various populations for which it receives no compensation or receives compensation at rates significantly less than established rates. The board of directors of the nmmc-iuka has established a policy under which the hospital provides care, without charge, to needy members of its community. The financial assistance policy states that nmmc will provide emergency and medically necessary inpatient and outpatient hospital services to patients free of charge with household income levels at or below 100% of the federal poverty level. The policy further provides, patients with household income levels between 101% and 150% of the federal poverty level are eligible to receive services at a discounted rate. The discount will be pro-rated based on the patient's gross family income as a percentage of the federal poverty level. The policy applies to individuals who reside in tishomingo county. Patients from outside the county may also be granted charity care based on the judgment of nmmc-iuka management depending on their individual circumstances. The policy also requires the patient to cooperate fully with nmmc-iuka's request for information with which to verify the patient's eligibility. Following that policy, the hospital maintains records to identify and monitor the level of charity care it provides. These records include the amount of charges forgone for services and supplies furnished under its charity care policy. Charges forgone, based on established rates, totaled approximately $577,278 in fiscal year 2024. Based on the gross charges provided to charity patients compared to total hospital gross charges, 3.47% of all services in fiscal year 2024 were provided on a charity basis. The net cost of charity care provided by nmmc-iuka was approximately $599,696 in fiscal year 2024. The total cost estimate is based on the ratio of costs to charges for nmmc-iuka. All of the forgone charges mentioned above are netted against patient service revenue to arrive at net patient service revenue as reflected as program service revenue on part viii of form 990 in order to be consistent with financial statement reporting and are not reported as functional expenses on the tax return.”

“PURCHASED SERVICES - Total Expense: 886846, Program Service Expense: 886846, Management and General Expenses: , Fundraising Expenses: ; PHYSICIAN SERVICES - Total Expense: 1049469, Program Service Expense: 1049469, Management and General Expenses: , Fundraising Expenses: ;”

“Contributed capital - 249068; pension related changes - 242461; interest in net assets of affilited foundation - 2803;”