Methodist Hospitals of Dallas

“The organization has a policy on physician joint ventures which requires the investment to be reviewed by mhs legal and finance divisions. This practice is followed for all joint ventures. All joint venture investments greater than $1 million are approved by the board prior to the investment. Any investment less than $1 million must be approved by the system ceo.”

“The executive committee may exercise the powers and authority of the Board of Directors in the management of the corporation.”

“THE ORGANIZATION'S GOVERNING BODY HAS MULTIPLE BUSINESS RELATIONSHIPS WHEREBY THE DIRECTORS, OFFICERS, AND KEY EMPLOYEES MAY BE PART OF THE SAME MANAGEMENT TEAMS FOR RELATED TAXABLE ENTITIES - Business relationship”

“The form 990 is prepared by an outside public accounting firm. During the return preparation and review process, the public accounting firm collaborates with the organization's finance, human resources, accounting, legal, corporate compliance, and treasury for assistance in preparing a complete and accurate return. Upon completion, the return is reviewed with the reporting organization's applicable senior financial officer prior to filing.”

“Annually, each director, officer, and trustee shall complete and submit a conflicts of interest disclosure form to the board of directors, disclosing any financial interests and external loyalties. During the year, each director, officer, or trustee is required to disclose any financial interest or external loyalty, orally or in writing, when he or she becomes aware that a related contract, transaction or other relevant decision is under consideration or that a financial interest or external loyalty has not been disclosed. Each director, officer, and trustee shall seek and accept resolution of any conflicts of interest arising from financial interests or external loyalties, to the satisfaction of the board of directors. In the event of any finding that potential conflict of interest issues are present, the issue(s) are reported to the board chairman and the audit & corporate oversight committee ("audit committee") chair, together with a recommended resolution for the potential conflict. The board chair and audit committee chair may approve the proposed resolution or either may recommend further measures. Either the board chairman or the audit committee chair may refer an issue to the full audit committee for further review and action. A director, officer, or trustee who has, or whose relative has, private interests or relationships that might constitute a financial interest or an external loyalty has an affirmative duty to (a) disclose the facts on the financial interest or external loyalty to the board of directors; (b) request a determination by the board of directors on whether the facts disclosed raise questions of actual or apparent potential conflicts of interest; (c) resolve to the board's satisfaction any issue raised by financial interests or external loyalties in the event the board then or later deems them to be potential conflicts of interest; and (d) not vote on or otherwise participate in mhs's decisions on contracts, transactions, or relationships that affect financial interests or external loyalties.”

“An outside firm is engaged to conduct a compensation study, which includes comparability data, every two years. The study was most recently conducted in fiscal year 2024. These results were analyzed in fiscal year 2024 and will be consideration for fiscal year 2025 compensation by the independent Board's Compensation Committee.”

“An outside firm is engaged to conduct a compensation study, which includes comparability data, every two years. The study was most recently conducted in fiscal year 2024. The results of the most recent study were analyzed in fiscal year 2024 by the CEO who will propose fiscal year 2025 merit and bonus/incentive compensation for Officers, Executive Vice Presidents, and Senior Vice Presidents to the independent Board's Compensation Committee for review and approval. The committee contemporaneously reviews and deliberation annually in December.”

“The governing documents, conflict of interest policy and financial statements are available upon request at the corporate offices.”

“Parking Venue - Total Revenue: 256649, Related or Exempt Function Revenue: , Unrelated Business Revenue: 72218, Revenue Excluded from Tax Under Sections 512, 513, or 514: 184431; Miscellaneous - Total Revenue: 1587521, Related or Exempt Function Revenue: 1587521, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“MDMC is located near downtown Dallas between a stable residential area on one side, and an economically-challenged area on the other. MDMC serves as a teaching and referral center for MHS, and trains over 100 residents annually in internal medicine, family practice, general surgery, obstetrics and gynecology. A Physician Office Building (POB) was built to increase capacity of high-grade office space. The POB and MDMC Golden Cross Academic and indigent care Clinic help attract physicians and patients and have acted as a catalyst for further development and renovation of the area adjacent to the campus. MDMC created the Methodist Digestive Institute, which handles illnesses such as pancreatic cancer, pancreatitis, indigestion and acid reflux. MDMC operates a high-risk pregnancy program and NICU. In addition to the many perinatal and neonatal services, MDMC also staffs a neonatal transport team that transports ill neonates from outlying hospitals in Northeast and Central Texas to MDMC. At the same time, MDMC began providing a Medication Therapy Management Clinic in its Liver Institute. Through this clinic, Hepatitis C patients are monitored by expert pharmacists who manage their medications, write insurance documents, and follow their progress on new drugs to treat and cure Hepatitis C. In FY2024, MDMC had approximately 16,000 discharges; 2,300 deliveries; 75,000 emergency room visits; 4,600 inpatient surgeries; and 5,000 outpatient surgeries. MCMC is a general acute care and teaching hospital that serves the communities of southern Dallas County. It houses a Family Practice residency program with dual accreditation to train both allopathic and osteopathic physicians. The campus has a 72-bed tower that created more modern patient rooms, more efficient workspaces for nursing staff, a telemetry floor for heart monitoring, a seven-room surgical suite with one operating room specially designed for heart surgery, and an orthopedic unit with a rehabilitation room. MCMC's OB hospitalist program has in-house specialists providing care to patients each day, including some whose private doctors are temporarily unavailable. The OB hospitalist program ensures that a board-certified OB-GYN physician is available at the hospital at all hours, exclusively dedicated to caring for hospitalized patients. For women in labor or with other obstetrics or gynecologic concerns, it's an additional layer of care that patients coming to Methodist Charlton can rely on. In FY2024, MCMC had approximately 12,600 discharges; 1,100 deliveries; 89,000 emergency room visits; 1,700 inpatient surgeries; and 2,100 outpatient surgeries. The 294 bed MMMC offers high-quality care to the growing areas of Mansfield and the surrounding communities. The hospital has undergone multiple expansions, one that doubled the size of the ER with 35 treatment rooms, added 8 ICU treatment rooms and 36 telemetry patient rooms. Another expansion was to the Women's Pavilion with a 9,413 square-foot addition to enhance Labor and Delivery services at MMMC to include a total of 13 LDR suites that accommodate up to 3,800 deliveries each year. Also added were an expanded antepartum area, expanded nurse/physician work areas, and expanded C-section recovery and support areas. Based on growth in surgical procedures, two operating rooms were also added. Due to continued growth in the demand for inpatient beds, MMMC completed a $118 million expansion adding 118 Medical-Surgical Beds, 12 ICU rooms, and eight Intermediate Care rooms. In FY2024, MMMC had approximately 12,600 discharges; 2,000 deliveries; 64,000 emergency room visits; 2,600 inpatient surgeries; and 3,300 outpatient surgeries. MRMC serves the residents of Richardson, Plano, North Dallas, Collin County and surrounding communities. MRMC operates two campuses: Campbell Road and Bush/Renner. The Campbell Road Campus was renamed the Methodist Richardson Medical Center Campus for Continuing Care. In addition to a full-service emergency depar”

“Significant sections of MHS's service areas have high percentages of households in poverty, low median household income, high percentages of adults with less than a high school education, high percentages of blue-collar workers, low percentages of managerial and professional workers, a high rate of births to teenagers, high premature births and infant mortality, and high percentages of children. Consequently, in FY2024, MHS provided a substantial amount of charity care and government-sponsored indigent healthcare, as well as a number of other community benefits in accomplishing its exempt purpose. Whether financially or medically indigent, there is no question that the demand for healthcare for the indigent population is great and the county-supported Parkland Hospital is not caring for, and likely cannot care for, all of those who qualify. As a result, Methodist, along with other private hospitals in the area, participates in the Texas Healthcare Transformation and Quality Improvement Program: Medicaid 1115 Waiver ("Waiver Program"). The Waiver Program provides pools of funding to reimburse participating facilities for a portion of the cost of care for uninsured and underinsured patients and for providing programs that improve the quality and lower the cost of care. Dallas County's trauma rates typically are higher than state and national trauma rates. Historically, the County has relied almost exclusively on Parkland Memorial Hospital (Parkland), MDMC and Baylor University Medical Center (Baylor) to handle major trauma. Parkland currently operates as the County's primary trauma facility, supported by MDMC and Baylor. MDMC's commitment to provide outstanding trauma services to Dallas and surrounding counties is demonstrated by the improvements that MDMC has made within its own trauma program. MDMC is designated by the Texas Department of Health as a Level I Major Trauma Center. MDMC does a great deal to fulfill the community need for emergency services including a more than $108 million expansion to the MDMC emergency room, critical care, and surgery departments with a six-story trauma and critical care center. The 248,000 square foot trauma and critical care center includes 58 emergency room beds, six trauma suites, eight surgical suites, a 36-bed critical care unit and the ability to expand to 11 stories for future growth. MHS, along with two other non-profit hospitals in Dallas, jointly sponsors a regional helicopter, fixed wing, and ground ambulance service called CareFlite. MHS maintains helipads for the helicopter service.”