Health Choice Network of Florida Inc

“The network is managed by three categories of members: founding members, affiliated members and participating members. The members of the board of directors must be employed by or serve on the board of directors of corporations which are either founding participating members or participating network members of the corporation. The directors of the network (referred to in these bylaws as the "board") shall consist of as many individuals as the board may, from time to time, determine, provided that at a minimum the board shall consist of: the ceo (or top executive position) of each founding and affiliated member; the president and chief executive officer of the network (ex-official and non-voting member); a clinical representative of the network shall be selected annually by the network board of directors. At such time as an organization becomes an affiliated member, the member shall have the right to nominate an individual meeting qualification criteria set forth herein to the board of directors. Prior to each annual meeting of the board of directors, each member entitled to appoint a director shall inform the board, in writing, of any changes in the person or persons that it has appointed to serve on the board of directors for the term that begins upon adjournment of that annual meeting. Directors so appointed and possessing the qualification set forth in these bylaws shall be confirmed by the board at the annual board meeting, or in the case of an appointment to fill a vacancy on the board at any duly called meeting of the board. If a person duly appointed by a member is found not to meet the criteria for membership established in the bylaws, the member that appointed such a person shall have the right to appoint a qualified person for confirmation by the board.”

“The organization's federal form 990 was provided to and made available to each voting member of the organization's governing body prior to filing of the form 990 with the internal service revenue ("irs"). In addition, the finance committee reviewed the form 990 in detail prior to the form 990 being made available to the governing body. The board of directors has delegated to its finance committee the responsibility to oversee, review and approve the federal form 990, including the preparation, review and filing process. As part of the tax return preparation process the organization hired a professional cpa firm with experience and expertise in not-for-profit tax return preparation to prepare the federal form 990. The cpa firm's tax professionals worked closely with the organization's finance personnel and various other individuals of the organization to obtain information needed in order to prepare a complete and accurate tax return. The cpa firm prepared a draft federal form 990 and furnished it to the organization's finance personnel and other individuals for their review. The organization's finance personnel and other individuals reviewed the draft federal form 990 and discussed questions and comments with the cpa firm. Revisions were made to the draft federal form 990 where necessary and a final draft was furnished by the cpa firm to the organization's finance personnel and various other individuals for final review and approval prior to presentation of the federal form 990 to the members of the finance committee and thereafter to this organization's board of directors.”

“The organization regularly monitors and enforces compliance with its conflict of interest policy. Annually all members of the board of directors, officers and management personnel are required to review the existing conflict of interest policy and complete a questionnaire.”

“The organization's finance committee reviews and approves all compensation arrangements ("committee"). The committee has adopted a written executive compensation philosophy which it follows when it reviews and approves of the compensation and benefits of the organization's senior management, including the president/chief executive officer and chief financial officer. The commmittee is provided and utilizes a compensation study from a nationally recognized organization. The committee reviews the "total compensation" of the individuals which is intended to include both current and deferred compensation and all employee benefits, both qualified and non-qualified. The committee's review is done on at least an annual basis and ensures that the "total compensation" of senior management of the organization is reasonable. The actions taken by the committee in conjunction with the board of governors enable the organization to receive the rebuttable presumption of reasonableness for purposes of internal revenue code section 4958 with respect to the total compensation of certain members of the senior management team, including the president/chief executive officer and chief financial officer. The three factors which must be satisfied in order to receive the rebuttable presumption of reasonableness are the following: 1. The compensation arrangement is approved in advance by an "authorized body" of the applicable tax-exempt organization which is composed entirely of individuals who do not have a "conflict of interest" with respect to the compensation arrangement; 2. The authorized body obtained and relied upon "appropriate data as to comparability" prior to making its determination; and 3. The authorized body "adequately documented the basis for its determination" concurrently with making that determination. The committee is comprised entirely of members of the board of directors each of whom are independent and are free from any conflicts of interest.”

“Certain board of directors, officers and key employees listed on form 990, part vii and schedule j of this form 990 may hold similar positions with both this organization and another related entity. The hours shown on this form 990 for board members who recieve no compensation for services rendered in a non-board capacity, represent the estimated hours devoted per week for this organization. To the extent these individuals serve as a member of the board of directors of another related organization, their respective hours per week per organization are approximately the same as reflected in core form, part vii of this form 990. The hours reflected on part vii of this form 990, for board members who receive compensation for services rendered in a non-board capacity, paid officers and key employees, reflect total hours worked per week on behalf of this organization and another related entity and not total hours worked per week on behalf of only health choice network, inc.”

“An independent cpa firm audited the financial statements of health choice network of florida, inc. For the fiscal years ended september 30, 2024 and september 30, 2023; respectively. The independent cpa firm issued an unmodified opinion with respect to the audited financial statements. The health choice network of florida, inc. Finance committee has assumed responsibility for the oversight of the audit of the financial statements and the selection of an independent auditor.”

“REVENUE CYCLE MANAGEMENT - The revenue cycle management provides billing and payment posting services for the member centers that have elected to participate. The revenue cycle management office is responsible for limited credentialing services and most aspects of the billing and collection of patient charges on behalf of the centers, which includes follow-up on accounts receivable.”

“Description:contracted services total fees:1491858”

“Description:contracted svcs - centers total fees:1279190”

“Description:contracted svcs - pass thru total fees:22007688”

“Description:payroll service fees total fees:41568”