Lubbock Methodist Hospital System

“The northwest texas conference of the united methodist church is the sole member of lubbock methodist hospital system.”

“The board members of lubbock methodist hospital system are elected by the northwest texas conference of the united methodist church.”

“Decisions requiring approval & type of voting rights the northwest texas conference of the united methodist church, as the sole member of lubbock methodist hospital system (lmhs), has the following rights: a) elect the members of the lmhs board of directors. B) approve the dissolution of lmhs.c) approve any amendments to the lmhs articles and/or bylaws.”

“Form 990, part vi, line 11b - form 990 review process process used by management and/or governing body to review 990 the form 990 is prepared by an outside accounting firm. It is then reviewed by the controller and the cfo of chs. The form 990 is reviewed by the chair of the operating committee of lubbock methodist hospital system board and a summary is presented to the operating committee and reported on at an lmhs board meeting.”

“Form 990, part vi, line 19 - other organization documents publicly available lubbock methodist hospital system makes its governing documents and financial statements available to the public upon request.”

“Form 990, part iii, line 1 - organizational mission the purpose of lubbock methodist hospital system (lmhs)is to assist st. Joseph health system in the government and fulfillment of covenant health system mission. The mission of covenant health system is to extend christian ministry by caring for the whole person - body, mind, and spirit - and by working with others to improve health and quality of life in our communities.”

“Form 990, part iii, line 4a program service accomplishments the lubbock methodist hospital system (lmhs) board meets four times a year and has three active committees: operating, oversight, and nominating. The operating committee determines the financial feasibility of projects, acts, and undertakings referred to it by the board; reviews financial statements and appraises the performance of lmhs; counsels with the board and the officers on current and long-term fiscal affairs and makes recommendations to the board concerning the fiscal affairs; recommends policies and agencies for the management of funds; oversees financial and legal audit needs and makes recommendations; oversees and makes recommendations regarding insurance needs. In doing so, the board sponsors both the debakey lecureship series and funds the dr. Robert salem historical collection. The oversight committee is responsible for overseeing the relationship with covenant heath system/st. Joseph health system. In this role, corporate allocation is reviewed on an annual basis. The nominating committee recommends members of the lmhs board, officers of the lmhs board, and members of the covenant health system board.”