LCMC Health Holdings Inc

“Louisiana children's medical center (lcmc) acts as a system parent and it is the sole member of lcmc health holdings, inc.”

“Louisiana children's medical center is the sole member of lcmc health holdings, inc. And has the power to appoint at least two trustees to the board.”

“Louisiana children's medical center is the sole member of lcmc health holdings, inc. And has the power to appoint at least two trustees to the board.”

“The organization's form 990 is prepared by an independent cpa firm before being reviewed and approved by the organization's cfo and accounting staff. Upon approval, a draft of the organization's form 990 is presented to all members of the board of directors for review via an email link to a secure, online drop box.”

“Lcmc health holdings inc. Requires board members and officers of the organization to complete a conflict of interest form on an annual basis. The form is monitored, updated, and revised on a yearly basis by the administrative office.”

“The organization's human resources department conducts comparability surveys on a periodic basis and uses third-party independent data to set levels of the all top managers and key employees when needed. The results of the process are presented to the board of directors which determines the appropriate level of compensation for the chief executive officer. All other officers and key employees are not presented to the board, but follow the same process for determining reasonableness.”

“Lcmc health holdings, inc. Makes its governing documents, conflict of interest policy, and financial statements available to the public on a request basis. When a request is made for one or more of the above policies, they are provided to the individual making the request.”

“Is to provide personalized and dependable health care and health related services to individuals, physicians and businesses consistent with quality medical and ethical standards to improve the health status of those we serve in the east bank of jefferson parish and surrounding communities. We practice a holistic approach to health care that recognizes each person's need for physical, emotional, and spiritual well-being. We deliver our care to all races, creeds, nationalities, sexes, ages, and socio-economic groups. In pursuing our mission, we commit to these guiding principles: to deliver quality care and services at a price which represents value to our customers; to uphold the basic rights and responsibilities of patients and to encourage active participation in their care;to work in harmony with physicians, recognizing our mutual responsibility to meet the needs of our patients;to treat each other, as members of the lcmc family, with fairness and dignity and to strive to achieve the highest level of personal growth and development in an atmosphere that recognizes creativity and innovation;to fulfill our civic responsibility by participating in community activities and by supporting local commerce as a major employer and health resource; and to manage, individually and collectively, our time, equipment and supplies to assure fulfillment of our mission. All revenues generated by the hospital are in furtherance of our exempt purpose. In addition, lcmc health holdings provides a free and below cost care program on its own, ambulance service at no charge, various contributions to parish programs such as prison medical unit, community education, comprehensive early detection programs, facilities for various community groups, and numerous other services to the community. The program service revenue generated allows us to provide quality, dependable health care in our community.”

“Contract labor: program service expenses 14,101,638. Management and general expenses 3,525,410. Fundraising expenses 0. Total expenses 17,627,048. Medical director fees: program service expenses 725,311. Management and general expenses 0. Fundraising expenses 0. Total expenses 725,311. Purchased medical services: program service expenses 28,513,491. Management and general expenses 0. Fundraising expenses 0. Total expenses 28,513,491. Maintenance contracts: program service expenses 3,390,790. Management and general expenses 847,697. Fundraising expenses 0. Total expenses 4,238,487. Rental expense: program service expenses 1,110,833. Management and general expenses 277,708. Fundraising expenses 0. Total expenses 1,388,541. Purchased services: program service expenses 22,968,751. Management and general expenses 5,742,188. Fundraising expenses 0. Total expenses 28,710,939. Other: program service expenses 1,931,311. Management and general expenses 482,828. Fundraising expenses 0. Total expenses 2,414,139.”

“Merger into university healthcare system (fein: 62-1596506) 15,755,406.”

“Lcmc's finance committee assumes responsibility for the oversight of its subsidiaries' (including ejgh) financial statements and selection of an independent auditor. This has not changed from the previous year. In addition to the lcmc finance committee, the ejgh finance committee has been delegated to assist wtih monitoring of the ejgh financial statements.”