Vail Clinic Inc % Vhh Accounting Department

“Vail health services is the sole member of vail clinic, inc. Dba vail health hospital.”

“Vail health services, the sole member of vail clinic, inc. Dba vail health hospital, appoints board members of the organization's board of directors.”

“The following governance decisions are also subject to approval by the sole member: - appointing and removing the president of the corporation - amending or approving all amendments to the corporation's articles of incorporation or bylaws - approving budgets - approving unbudgeted capital expenditures in excess of $500,000 - approving unbudgeted borrowings in excess of $1,000,000 - voluntary dissolution, merger, consolidation or bankruptcy - approving sale of assets in excess of $1,000,000 - creating a subsidiary or affiliate - selecting public accountants - establishing investment policies - establishing policies on the distribution and use of funds - adding/deleting major program/service lines”

“The form 990 is prepared by a third party based on data prepared and submitted by the accounting department. The draft form 990 is reviewed by members of the accounting department. The review includes reading it for accuracy of disclosure and comparing the numbers to those in the audited financial statements. Once accounting and management have performed their review, a copy of the form form 990 is provided to the board of directors before filing with the irs.”

“The conflict-of-interest policy applies throughout vail health to all affiliated persons including, without limitation, board members, officers, employees, members of the medical staff and volunteers. All affiliated persons are required to disclose potential conflicts of interest by completing a conflict-of-interest electronic questionnaire upon hire or appointment and then annually thereafter. Board members and agents must complete and submit conflict of interest electronic questionnaire to the compliance officer upon hire or appointment and then annually thereafter. Volunteers must complete and submit disclosure forms to the compliance officer when they begin providing services to vail health and then annually. If during the year any new potential conflicts of interest arise, all affiliated persons must report the potential conflicts of interest immediately (and prior to undertaking any activity that may raise a potential conflict of interest). The compliance officer and the conflict-of-interest committee shall consider the following factors when reviewing completed disclosure forms: - whether the affiliated person or an immediate family member is a party to, or may directly or indirectly benefit from, a proposed agreement or transaction involving vail health; - whether the affiliated person's desire for, or expectation of, direct or indirect external economic advantage could distort a vail health decision or activity; - whether the affiliated person or an immediate family member is engaging in an activity, business, or transaction in which vhh is likely to engage; - whether the affiliated person's outside activities may conflict with rights of, or the affiliated person's obligations to vail health or vail health's patients; - whether the conflict of interest can be cured or managed by recusal or other appropriate action; - whether there is an appearance of a conflict of interest.”

“Review of ceo or top management official compensation: a formal external review is conducted every year. Executive compensation was last formally reviewed in 2024 by an external compensation consultant. This review evaluates total compensation of the executive against compensation data for the same or similar job by industry, revenue size and geographic location and other factors to ensure that the compensation paid is appropriate and reasonable. That information is then reviewed by the compensation committee and the board of directors. Internal reviews are performed as well at time of hire and on an ongoing basis using compensation surveys. Review of other officer or key employees compensation: a formal external review is conducted every year. Other officer and key employee compensation was last formally reviewed in 2024 by an external compensation consultant. This review evaluates total compensation of the individual against compensation data for the same or similar job by industry, revenue size and geographic location and other factors to ensure that the compensation paid is appropriate and reasonable. That information is then reviewed by the compensation committee and the board of directors. Internal reviews are performed as well at time of hire and on an ongoing basis using compensation surveys.”

“The governing documents, conflict of interest policy, and financial statements are available for viewing by the public for valid business purposes. These documents, policies, and financial statements are available for viewing upon request.”

“Written policy related to joint venture arrangements: vail health hospital does not have a documented written policy, however, the organization takes appropriate measures and has processes in place to ensure that any participation in joint venture agreements are evaluated extensively in order to safeguard the organization's exempt status.”

“Key metrics of vail health hospital for fiscal year ended 10/31/2024 include: inpatient admissions excluding newborns: 1,562 patient days: 4,565 total surgeries: 4,403 being a nonprofit, sole community provider with a locally based volunteer board of directors, vail health can keep its dollars local and reinvest back into the communities it serves, helping to deliver on its mission of elevating health across our mountain communities with a focus on its strategic pillars of affordability, accessibility, sustainability and population health. Vail health is a comprehensive community health care system with care starting from childbirth and includes vail health hospital, colorado mountain medical, shaw cancer center, howard head sports medicine, vail health behavioral health, and vail health foundation. Across its continuum of care, vail health focuses on quality, safety, patient experience, executing its strategic plan, and fulfilling its non-profit mission of 'elevating health across our mountain communities.' vail health maintained its leap frog "a" grade in quality and safety and has a cms rating of 5 stars (1 of 429 u.s. Hospitals with a 5-star rating). Vail health was a nominee for the vail valley partnership (local chamber of commerce) 2024 success awards for nonprofit of the year, best place to work, and community impact award organization. Vail health was recognized by press ganey with two guardian of excellence awards in 2024, including one for the inpatient departments (family birth center, intensive care unit, patient care unit) and one for the emergency department. It marked the fifth consecutive year the emergency department has earned the award. In 2024, vail health achieved a net promoter score of 81, a jump from 79 in 2023, and an employee engagement index of 89, an increase from 87 the previous year and 82 two years prior. Vail health continued to expand access to behavioral health care services in fy24, increasing staffing by 12% with 29 full-time licensed providers that all accept commercial insurance and governmental programs. In fy24, vail health behavioral health (vhbh) provided approximately 26,000 unique behavioral health sessions, including 8,700 psychiatry sessions, more than 14,000 therapy sessions, and 3,300 integrated behavioral health sessions in two locations: edwards and frisco. In 2024, vhbh added naturopathic medicine with a full-time provider offering 32 clinical hours per week; expanded the transcranial magnetic stimulation program, serving more than 20 patients who have completed the 36-treatment course for 7-8 weeks with 90% of patients having clinically significant benefits and 70% entering full remission; and increased spanish-speaking therapists to 5 providers, serving as young as 3 up to 103 years old. Additionally, vail health completed construction on the precourt healing center, a 28-room inpatient behavioral health facility centrally located in edwards, colorado, that will serve adolescents (12-18) and adults (18+) in both english and spanish. When the facility opens in may 2025, it will be the only psychiatric hospital between the front range and salt lake city, utah. By adding more acute care services, vail health will offer the full continuum of behavioral health care from prevention and early intervention, to outpatient, crisis, community stabilization, and inpatient thus truly transforming the behavioral health landscape in our mountain community. Integrated behavioral health (ibh) continues to be embedded within the primary care setting at all colorado mountain medical (cmm) locations, providing immediate clinical response to patients in crisis or with urgent needs. Ibh completed more than 3,300 patient visits in fy24. These patient visits range from 15-minute screening and psychoeducation to upwards of four hours of stabilization. The primary referrals for these services come from urgent care, primary care, pediatrics, and obgyn teams; however, other specialty services also req”

“Other fees: program service expenses 28,061,693. Management and general expenses 17,568,577. Total expenses 45,630,270.”

“Transfer from eagle valley behavioral health for capital expenditures 5,030,000.”