Touro Infirmary

“Louisiana Children's Medical Center (LCMC) acts as a System Parent and it is the sole member of Touro Infirmary.”

“Louisiana Children's Medical Center (LCMC) has the sole authority to appoint the board of Touro Infirmary.”

“Louisiana Children's Medical Center (LCMC) reserved the power to approve the decisions of the board.”

“The Organization's Form 990 was presented to all members of the Organization's board for review via email link to a secure dropbox. The Form 990 was prepared by Touro's accounting department and reviewed by Touro's CFO.”

“At the time of hire, each employee reviews the conflict of interest form, has an opportunity to ask questions about the policy, and signs a document stating that they have reviewed and understand the policy. This is a part of the employees' permanent record, and applies to all employees. Senior management (directors, vice presidents, CEO) and members of the board of directors are required to review and sign a conflict of interest form on an annual basis.”

“The corporation relies on comparable data from unrelated entities to determine the amount of compensation for its executives, and documentation is maintained regarding the determination of these amounts. The final decision regarding the amount of compensation is subject to the approval of the LCMC Executive Committee.”

“All governing documents, the conflict of interest policy, and financial statements are made available to the public upon request.”

“Diabetes also varies by race and ethnicity in the state; 13.9 percent of non-Hispanic blacks have diabetes compared to 11.4 percent of non-Hispanic whites. Louisiana has the 7th highest diabetes mortality rates in the National (Kaiser Foundation 2016) and diabetes is the seventh leading cause for deaths among Louisiana residents. Louisiana is the 5th leading state for deaths related to Heart Disease (source CDC: State of the "State of Louisiana"), and Heart Disease is our state's leading cause of death. Reducing deaths from circulatory-system diseases is another community need. Touro is working with New Orleans EMS to deliver critical cardiac care and stroke services to these patients. Cancer rates: Cancer is the second leading cause of death in Louisiana, making LA the 40th ranked state in the US for cancer deaths. To address this need, Touro has created a comprehensive cancer care program-including a supportive cancer care program providing free support groups and a nurse navigator to help cancer patients and their loved ones in the community free of charge. Touro Rehabilitation Center has added a cancer rehabilitation program, for the rehabilitation of both inpatient and outpatient cancer patients. Patients who are unable to afford the supplies (e.g. lymphedema garment) or therapy session co-pays are assessed and their needs are addressed so that they will not be denied treatment. Touro also offers a Cancer Survivorship Program and support group where cancer patients are able to meet one on one with a survivorship coordinator RN to discuss treatment summaries, follow-up and coordination of care post-treatment. Infant mortality: The state of Louisiana currently ranks 47th among states in its infant mortality rate. Source: https://www.cdc.gov/nchs/pressroom/sosmap/infant_mortality_rates/infant The other acute care hospitals serving the community are: Children's Hospital; Ochsner Medical Center Ochsner Baptist Hospital, Ochsner Kenner Hospital, Ochsner Westbank Hospital, Tulane Medical Center, University Medical Center, East Jefferson General Hospital, West Jefferson Medical Center and St. Bernard Parish Hospital. For the period, Jan. 1, 2017 thru Dec. 31, 2019 Touro was the main provider of health service in Orleans Parish with 27,249 discharges.”

“Other Services and Fees: Program service expenses 52,936,340. Management and general expenses -973,232. Fundraising expenses 0. Total expenses 51,963,108.”

“K-1 net income not in Net Assets (TIJV & CCRC) -96,299. Remove Losses from Subsidiary Organization -13,808,285. Change in Restricted Net Assets -56,359. Direct Net Asset Adjustment of Pension Liabilities -939,231. Remove allocated unpaid rent of subsidiary 1,652,253. Affiliate cost transfer for services provided 5,699,171.”

“LCMC's finance committee assumes responsibility for the oversight of its subsidiaries' (including Touro) financial statements and selection of an independent auditor. This has not changed from the previous year. In addition to the LCMC finance committee, the Touro finance committee has been delegated to assist with monitoring of the Touro financial statements and its subsidiaries to included CCPI, Woldenberg Village, and the Touro Foundation.”