Conway Regional Medical Center Inc

“The Board Compensation Committee contracted with a third party via HR to conduct a compensation study annually on the key executives determined by Gallagher that require Board review. Gallagher presents to the compensation committee market data for each position compared to each key executive's total compensation (base salary plus incentive pay) to ensure reasonableness of their current compensation. The board is presented with base salary increase options to consider from the study and the compensation committee makes a recommendation to the full Board on any pay adjustment to the CEO. The other key executives compensation and pay adjustments are reviewed by the compensation committee to ensure the compensation is consistent with the market and is reasonable for the position and the size and scope of CRHS.”

“The medical center's board of directors renewed a management agreement with chi st. Vincent infirmary medical center, d/b/a chi st. Vincent, an arkansas nonprofit corporation and a subsidiary of catholic health initiatives. The goal of the agreement is to develop a level of integration and coordination that results in more accessible, high quality, clinically-integrated, and lower cost care for the communities of central arkansas served while enhancing the overall health of those communities. Under the agreement, each party retains its name, governance and autonomy. The chief executive officer is an employee of chi st. Vincent. Total management fees paid by the medical center for the year ended december 31, 2024 were $.1,872,398.”

“The review process of form 990 includes a review by the cfo and ceo of the organization. The form 990 is then presented to all board members of the governing body of the organization for review prior to filing with the irs.”

“The conway regional health system board reviews the governing board conflict of interest policy annually during the january board meeting. A new conflict of interest statement is required of each board member every year. These statements are reviewed by the chairman, president, and cfo for monitoring. Board members who have an actual or potential conflict of interest in matters brought before the board are to alert the other members of the board beforehand. The conflicted board member is to withdraw from the meeting during said discussion until the matter has been voted on. If the member fails to withdraw voluntarily, the chairman is empowered to require withdrawal from the room during discussion and vote on the matter. In the event the conflict of interest affects the chairman, the vice chairman is then empowered to require the chairman's withdrawal.”

“The organization does not make its governing documents, conflict of interest policy, and financial statements available to the public.”

“MEDICAL OFFICE BUILIDING RENTAL - Total Revenue: 255555, Related or Exempt Function Revenue: 255555, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; GAIN ON INVESTMENT IN CRRH - Total Revenue: 470617, Related or Exempt Function Revenue: 470617, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Reference lab - UBI - Total Revenue: 603034, Related or Exempt Function Revenue: , Unrelated Business Revenue: 603034, Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“Other Revenue - Total Revenue: 522399, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 522399; Physician Billing - UBI - Total Revenue: 26587, Related or Exempt Function Revenue: , Unrelated Business Revenue: 26587, Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“PHYSICIAN FEES - Total Expense: 5222679, Program Service Expense: 3846319, Management and General Expenses: 1376360, Fundraising Expenses: 0; EQUIPMENTS SERVICE - Total Expense: 3658540, Program Service Expense: 2694386, Management and General Expenses: 964154, Fundraising Expenses: 0; AGENCY STAFF - Total Expense: 4231445, Program Service Expense: 3116310, Management and General Expenses: 1115135, Fundraising Expenses: 0; CONTRACTS - Total Expense: 5888725, Program Service Expense: 4336838, Management and General Expenses: 1551887, Fundraising Expenses: 0; MEDICAL SERVICES - Total Expense: 2180014, Program Service Expense: 1605503, Management and General Expenses: 574511, Fundraising Expenses: 0; PURCHASED SERVICES - Total Expense: 12642907, Program Service Expense: 9311055, Management and General Expenses: 3331852, Fundraising Expenses: 0; CLEANING & LAUNDRY SERVICE - Total Expense: 838229, Program Service Expense: 617326, Management and General Expenses: 220903, Fundraising Expenses: 0; BILLING SERVICES - Total Expense: 23237, Program Service Expense: 17113, Management and General Expenses: 6124, Fundraising Expenses: 0; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ;”

“INVESTMENT INCOME FROM K-1S INCLUDED IN REVENUE - -6559; Total - -6559;”