Sjrmc Inc

“St. Joseph Regional Medical Center has a single corporate member, Ascension Health.”

“St. Joseph Regional Medical Center has a single corporate member, Ascension Health, who has the ability to elect members to the governing body of St. Joseph Regional Medical Center.”

“Ascension Health has designed a system authority matrix which assigns authority for key decisions that are necessary in the operation of the system. Specific areas that are identified in the authority matrix are: new organizations & major transactions; governing documents; appointments/removals; evaluation; debt limits; strategic & financial plans; assets; system policies & procedures. These areas are subject to certain levels of approval by Ascension per the system authority matrix.”

“Management, including certain officers, works diligently to complete the Form 990 and attached schedules in a thorough manner. Management presents the Form to the Board, or a designated committee, to review and answer any questions. Prior to filing the return, all Board Members are provided the Form 990 and management team members are available to answer any Board Members' questions.”

“The organization regularly and consistently monitors and enforces compliance with the Conflict of Interest Policy in that any director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest, must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of the committees with governing board delegated powers considering the proposed transaction or arrangement. The remaining individuals on the governing board or committee will decide if conflicts of interest exist. Each director, principal officer and member of a committee with governing board delegated powers annually signs a statement which affirms such person has received a copy of the Conflict of Interest Policy, has read and understands the policy, has agreed to comply with the policy, and understands that the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish its tax-exempt purpose. Form 990, Part VI, Section B, Line 15a: In determining the compensation of the organization's CEO, the process, performed by Ascension Health, a related organization of St. Joseph Regional Medical Center, included a review and approval by independent persons, comparability data and contemporaneous substantiation of the deliberation and decision. The Compensation Committee reviewed and approved the compensation. In the review of the compensation, the CEO was compared to individuals at other organizations in the area who hold the same title. During the review and approval of the compensation, documentation of the decision was recorded in the committee minutes. The individual was not present when his compensation was decided.”

“In determining compensation of other officers and key employees of the organization, the process performed by St. Joseph Regional Medical Center included a review and approval by independent persons, comparability data and contemporaneous substantiation of the deliberation and decision. The Executive Committee of the SJRMC Board and the SJRMC Board reviewed and approved the compensation. In the review of the compensation, the other officers and key employees of the organization were compared to individuals at other organizations in the area who hold the same title. During the review and approval of the compensation, documentation of the decision was recorded in the board minutes.”

“The organization will provide any document open to public inspection upon request.”

“Transfers to/from Affiliates -3,941,650. Deferred Pension Costs -1,566,030.”

“The financial statements of St. Joseph Regional Medical Center fall under the specific scope of Ascension Health Alliance. The activity of St. Joseph Regional Medical Center is reported in the consolidated financial statements of Ascension Health Alliance. No individual audit of St. Joseph Regional Medical Center is completed. Therefore the attached is the audited financial statement of Ascension Health Alliance and affiliates (which include the activity of St. Joseph Regional Medical Center).”