Driscoll Physicians Group

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

“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.”

“Process to review the form 990 the organization engages an outside accounting firm to prepare its form 990. Once the form 990 is prepared by the accounting firm and reviewed by the organization's internal financial team, the final report is presented to the governing body by senior management 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's president is compensated by driscoll children's hospital, a related tax-exempt organization. The following process is that of driscoll children's hospital. 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. The organization uses ihs integrated health strategies to assist in setting officer and key employee compensation. A combination of mgma, amga and ihs weighted survey data is used to determine the 50th, 75th, and 90th percentiles. Contracts are reviewed every two years. Compensation ranges are reviewed and adjusted annually as necessary based on the annual survey data. The compensation review process was last completed in 2016.”

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

“Reconciliation of other changes in net assets equity transfers (net) $5,104,020 allocated costs b/t physician services $(416,368) release from restriction $6,176 ------------- total $4,693,828”