Dallas Methodist Physicians Network

“Methodist hosptials of dallas (d/b/a methodist health system), a section 501(c)(3)healthcare system, is the sole member of dmpn and has power of appointment of all board members”

“Methodist hosptials of dallas (d/b/a methodist health system), a section 501(c)(3)healthcare system, is the sole member of dmpn and has power of appointment of all board members”

“Methodist hosptials of dallas (d/b/a methodist health system), a section 501(c)(3)healthcare system, is the sole member of dmpn and has power of appointment of all board members”

“The form 990 is prepared by the mhs tax department. During the return preparation process the tax department looks to other functional areas including 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 organizations applicable senior financial officer prior to filing. Further, as part of the annual financial audit of mhs the form 990's of all of its subsidiary organizations are provided to a national accounting firm for review. Mhs is the sole member and parent company of this reporting organization. The mhs individual return is reviewed with a committee of its senior board members and then provided electronically to all of the mhs board members prior to the filing of the mhs return. While the return of this reporting organization is not individually reviewed by its separate board mhs believes that sufficient quality control and overall governance oversight exists throughout the preparation stages of all of the mhs related returns. Further mhs believes that the level of detailed mhs board review of the parent organization's return is sufficient to insure that all of the intended tax-exempt and governance requirements for the entire organization are met. The form 990 of any of the mhs entities is always available to any board member at their request.”

“Its parent organization (mhs) annually conducts a conflict of interest questionairre. Mhs also has an internal audit program and a compliance program overseen by its chief compliance officer that oversees all of its relaeated entities”

“None of the board members or officers receive compensation directly from dmpn. Dmpn's president is an employee of mhs and her salary is set by mhs each year in accordance with the salary review process of mhs.”

“The form 990 filed by the organization will be available at the corporate office upon request. The form 1024 and related documents are also available upon request.”

“Every physician who participates in dmpm pays an annual participation fee of $900. This represents the fmv of the services provided for credentialing, quality review,contracting and education. Dmpn currently has a shared saving contract with an insurance company that could result in bonus payments to physicians and mhs based on meeting certain cost and quality targets. All of the members of the board participate in at least one of the managed care contracts.”

“Mhs advances fees to cover the uncompensated costs of credentialing, quality review programs, managed care contracting programs, educational programs and administration. Mhs will participate in any bonus payments earned via the various managed care payouts. The mission of dmpn is to improve quality and reduce costs for the patients in the mhs service area which should provide a benefit to mhs.”

“Physicians pay an annual fee of $900 each to cover the fmv cost of credentialing, quality review services, managed care contract negotiations, education and other administrative services.”

“The financial statements of dmpn are included on a consolidated basis with the audited financial statements of methodist health system. The methodist health system does have an audit committee of its board which is charged with the oversight of the audit which includes the selection of the auditors”