Driscoll Physicians Group

“Classes of members or stockholders driscoll children's hospital is the sole member of driscoll physicians group.”

“Process to review the form 990 the organization engages an outside accounting firm to prepare the form 990. Once prepared, the form is reviewed by the organizition's internal accountants and board members prior to filing.”

“Process for monitoring compliance with conflict of interest policy the organization hires an employee to lead compliance efforts and report compliance issues that may arise. In addition, the board committee reviews those issues and reports.”

“Process for determining compensation the organization uses mgma and sullivan cotter percentiles to set base compensation and skill levels. If compensation levels exceed certain percentiles, a third outside consulting firm is used to value the market value for services rendered and for group coverage agreements. For certain coverage agreements, a fourth consulting firm assists in determining market value. Compensation is approved by the organization's governing body with the deliberation and decision documented contemporaneously.”

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

“Election of the governing body the organization's sole member, driscoll children's hospital, elects the board of directors.”

“Decisions of the governing body subject to approval any director may be removed without cause by a majority vote by the board, provided that such removal is approved by the member. The governing board has the power to appoint as well as remove officers of the organization, provided that the member consents to such appointment or removal.”

“Reconciliation of other changes net assets intercompany support $ 2,887,349 allocated costs b/t physician services (316,675) ------------- $ 2,570,674”