Yampa Valley Medical Center

“Uchealth is the member of yampa valley medical center.”

“Uchealth has the authority to appoint the members of the board. Two members are nominated and appointed by uchealth. The remaining 11 are nominated by yvmc and appointed by uchealth.”

“Approval from uchealth is required but not limited to the following areas: - approval for change in mission, programs, service, facilities offered by yvmc, corporate structure or termination of exempt status - sale, transfer, pledge or granting of security interest of any material yvmc or affiliate assets - amendment of articles of incorporation or bylaws - entry by yvmc or its affiliates into insolvency, bankruptcy, reorganization, or receivership - approval of the appointment or removal of yvmc's ceo - approval of yvmc's and its affiliates annual budgets - approval of entry into or change in any material contract”

“The form 990 is prepared by an an independent accounting firm, with the assistance of the organization's accounting department and form 990 committee of the organization. The finance committee of the board of trustees reviews the draft of the form 990. Prior to completion, the final draft is approved by the board of trustees before filing the form 990 with the irs.”

“The organization's conflict of interest policy requires completion of the coi disclosure form for all uchealth team members who believe that they or an immediate family member have a personal, financial or ownership interest with an entity or organization who competes with uchealth, does business with uchealth, or regulates uchealth must submit a coi disclosure. Uchealth directors and above, including team members authorized to conduct business transactions with 3rd parties on behalf of uchealth must disclose on an annual basis to the board members, officers and key employees of the organization. Completed forms are submitted and reviewed by the internal compliance department to ensure compliance with the written policy. Any questions or ultimate enforcement would be handled by the compliance department.”

“Uchealth contracts with sullivan cotter for executive compensation consulting services. On our behalf, sullivan cotter collects and reviews compensation levels from like organization for like jobs and provides uchealth with the comparative market data. The data is submitted to the chief human resources officer who advices the system president and ceo on compensation decisions for senior executives. Based on the market data, the system president and ceo determines the salary of the entity ceo's compensation annually.”

“Governing documents, conflict of interest policies, and financial statements are provided to the public based on the business purpose for the request. These requests are addressed by the senior management team on a case by case basis.”