Artesia General Hospital

“Artesia special hospital district is the sole member of the hospital.”

“Two directors of the board are appointed by the sole member of the hospital.”

“The board of directors may authorize and the hospital may make distributions, subject to the approval of the sole member.”

“A copy of the 990 is provided to the ceo, cfo and the board secretary/treasurer, who review the form, schedules, and related attachments. The 990 is also presented to the entire board. Any comments or questions are addressed with the preparer. Once management is satisfied with the 990, the ceo signs off on the form 8879-eo before the return is e-filed by the preparer.”

“All officers, directors, key employees, highly compensated employees and other management officials (covered persons) are required to complete an annual disclosure statement identifying any potential conflict of interest. Covered persons are also encouraged to notify the board, appropriate management personnel, chief compliance officer, general counsel, or the audit and compliance committee of the governing body as necessary. When necessary, the board chair or appropriate board committee may appoint a disinterested person(s) or committee to investigate the potential conflict of interest and recommend alternatives to the applicable transaction or arrangement or otherwise determine if the conflict can be resolved. If a more advantageous transaction or arrangement is not reasonably possible under the circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the best interest of the organization, for its own benefit, and whether it is reasonable. The governing board or committee makes the decision as to whether to enter into the transaction or arrangement. Any member of the board operating under a conflict is not permitted to be present or otherwise participate in the vote on any matter to which the conflict relates. If the governing board or committee of the organization has reasonable cause to believe that a covered person has failed to disclose an actual or possible conflict of interest and after investigation the board or committee determines that the covered person failed to disclose a conflict of interest, the organization takes appropriate disciplinary or corrective action, which may include, termination of the individual's membership, employment, or contract.”

“The source utilized by the hospital in regards to fair market value in salaries is sullivan cotter. Cotter gathers data related to job descriptions, scope of responsibility, and current incumbents' compensation. Cotter recommends appropriate comparison data and utilizes survey data form four major executive compensation survey providers to provide market data and executive compensation recommendations that meet the hospital's compensation philosophy. The board then reviews whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm's length bargaining.”

“See form 990, part vi, line 15a.”

“The hospital makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Care, 47,141,903 for medicare, 32,562,432 for medicaid, and 25,276,883 for other third party payors for the year.”

“7,609,732 2,609,156 0”