Louisiana State University School of Med

“Upon completion of the final draft of form 990, a copy of the draft is sent to members of the executive/finance committee. The combined committee is then convened with representatives of the outside cpa firm to discuss the form. After acceptance by the committee, the form is then reviewed by the board of directors. When this review is complete, the form is filed with the applicable agencies.”

“The organization annually requires all employees and trustees to disclose any potential personal or business associations which could be perceived as a conflict of interest. All trustees are required, at a minimum, to disclose any potential personal or business association which may be a conflict of interest on forms provided to them. Employees are required to disclose such conflicts when hired and are an on-going requirement of employment. New trustees and employees are also required to attend an orientation where this specific topic is dicussed.”

“The board of the organization does not determine or approve the salaries for the related organization employees that participate on the organization's board. The organization is allocated a portion of the ceo and the medical director salaries from the related organization for their time attributed to their role at the organization. Senior management compensation is compared to surveys for similar organizations in our region and approved by the president and ceo and reported to the executive/finance committee and board. The executive/finance committee and the board are also notified of changes in key positions at the organization and this is documented at its meetings in the minutes.”

“The organization provides this form as well as various policies to the general public upon request.”

“Louisiana state university school of medicine in new orleans faculty group practice, dba lsu health network (lsuhn), assists the lsu health sciences center (lsuhsc) in carrying out its medical, educational, and research functions. Lsuhn helps lsuhsc attain its mission and goals as they relate to the lsuhsc-no schools of medicine, allied health professions, dentistry, nursing and public health (collectively, the health professional schools) in their clinical practices. Lsuhn provides health care to the general public including, but not limited to, the delivery of physician medical services and other health care services to individuals. Lsuhn's activities include services provided in both the public hospitals and the private clinics by lsuhsc. Lsuhn continues to provide care to patients formerly seen in the public hospital system in new orleans, baton rouge, and lafayette, without regard to their ability to pay for those services. Lsuhn receives compensation for these services from the medicare and medicaid programs, certain commercial insurance carriers, health maintenance organizations, preferred provider organizations and directly from patients. However, during the year ended june 30, 2024, charity charges entered into the billing system and adjusted off totaled $15.5 million.”

“The process has not changed from the prior year.”