Stc Healthcare Partners LLC

“The stc healthcare partners llc operating agreement was amended and restated effective july 1, 2023. The changes included: 1. Added to the board of directors responsibilites, the oversight of the company's and its subsidiaries' fundraising and advancement activities and programs. 2. Changed the number of voting directors from eight (8) to twelve (12) consisitng of eight (8) member directors, and no greater than four (4) independent directors. 3. Provided for approval authority guidelines for the chief executive officer.”

“Stc healthcare partners has a board of directors and tower health and drexel university each appoint 50%.”

“The business and affairs of stc healthcare partners, llc shall be under the direction of the board of directors (the board). The management of the company shall be vested exclusively in the board, subject to certain powers reserved to the members. The board shall elect the officers of the company at the annual meeting; provided, however, that the board shall elect officers at such other time as necessary to fill a vacancy.”

“The following changes to the company shall require unanimous consent from all members: (a) admission of new or substitute members of the company or a subsidiary; (b) change in, sale, assignment, or other transfer of any membership ownership in the company; (c) relocation of the hospital or establishment of additional company or subsidiary licensed health care facilities; (d) debt issuance by the company beyond materiality thresholds as may be determined by the members; (e) withdrawal or dissociation of any member from the company; (f) amendment of the company's certificate of organization or this operating agreement except as permitted in section 1.3; (g) change in or divergence from the stated mission and purpose of the company; (h) filing of a voluntary petition in bankruptcy or other application for judicial relief from the creditors of the company; (i) reorganization, recapitalization, division, conversion, lease, or exchange of substantially all of the assets, dissolution, liquidation or any other modification of structure or affiliations affecting the autonomy, governance, or operations of the company; and (j) any act outside the ordinary course of the company's activities and affairs. In the event that the vote of the board of directors is tied, the member tower health shall break the tie.”

“The form 990 is prepared by tower health staff and reviewed by an external tax advisor and posted to a board portal for board members to view prior to filing with the irs. Members are alerted to information and notices. A paper copy of form 990 is available upon request for any board member unable to view the portal.”

“It shall be the policy of stc healthcare partners, llc to require each board member, officer and key employee to submit in writing to tower health a list of business or other organizations of which the member or member's spouse is an officer, director, member employee or owner (35% or greater share) with which the company might reasonably enter into a relationship or a transaction in which the board member, officer and key employee would have conflicting interests. Each year a copy of the written statement will be sent to the board member for updating and resubmission and by which the board member, officer and key employee shall confirm his or her awareness of this policy. Procedures for addressing a conflict of interest: a. After the board or committee has determined that a member is indeed conflicted, the conflicted person may be counted in determining whether there is a quorum to act, but may not vote upon the matter. The conflicted member, or a conflicted officer who is not a member, may nevertheless make a presentation to the board or committee on the matter but, after the presentation, the conflicted person shall leave the meeting during the discussion of and vote on the matter. B. The board or committee chair may appoint one or more disinterested persons to investigate possible resolutions of the matter that are devoid of the conflict of interest. C. The board or committee shall exercise due diligence to determine whether stc healthcare partners can address the matter more advantageously by means that avoid the conflict of interest. D. If the matter cannot be addressed more advantageously by means that avoid the conflict of interest, or if other approaches to resolution are impractical under the circumstances, the board or committee shall determine whether the proposed transaction or contract is in stc healthcare partners best interests, whether it is fair and reasonable, and whether to enter into it. E. If the board determines that there has been a violation of this policy, the board shall take appropriate disciplinary and corrective action, which may include removal (if the interested person is a board or committee member) or termination (if the interested person is an employee). Intentionally or repeatedly failing to adhere to this policy is grounds for removal from the board and its committees”

“It shall be the process of stc healthcare partners llc to follow the tower health compensation process for executive management, other officers and key employees. The tower health board of directors has duly appointed an executive compensation committee (the "committee"), which is responsible for the review and approval of all compensation and benefits provided to stc healthcare partners llc's executive management. The committee has adopted a written executive compensation philosophy statement and an executive compensation committee charter governing the work and review process of the committee. The committee follows the procedures described in the philosophy statement and the charter when it reviews and approves the compensation and employee benefits provided to senior management, including the chief executive officer and chief financial officer at stc healthcare partners, llc. The committee's review analyzes every element of compensation, including current and deferred compensation, and benefits, including qualified and non-qualified benefits. The committee conducts its review and approval process at least annually and approves compensation and benefits only to the extent that the committee has concluded that the compensation and benefits constitute no more than reasonable compensation for each executive. The committee consists entirely of disinterested members of the tower health board, and the committee works with an independent compensation consultant to prepare and review in advance comprehensive data showing the compensation provided by similarly situated organizations for functionally similar positions. The committee also prepares a timely and thorough written record of its deliberations and conclusions. As a result, the committee's review process is designed to satisfy the procedural criteria necessary to qualify for the rebuttable presumption of reasonableness under the federal income tax law intermediate sanctions rules.”

“Same response as line 15a which includes key employees.”

“The organization does not make its governing documents, conflict of interest policy and financial statements available to the public.”

“Website: https://towerhealth.org/locations/st-christophers-hospital- children stc opco, llc (st. Christopher's hospital for children) provides a full range of high-quality healthcare services to all children and youth up to age 21 who seek our care or who are referred to us. We serve as the primary academic affiliate of drexel university for pediatric medicine academic and research activities, including the teaching of drexel university college of medicine (ducom) medical students and other health care professionals and training of graduate medical professionals (residents and fellows) by ducom faculty at st. Christopher's hospital for children facilities, and any other educational activities, training programs, or schools of instruction with other educational institutions related to rendering care to the sick and injured or the promotion of health. Stc pediatrics, llc works collectively with st. Christopher's hospital for children in its mission to provide consistently high quality health care to children and youth in the philadelphia area and throughout the greater delaware valley. Stc pediatrics engages in activities related to the promotion of health of children and youth in the philadelphia area and throughout the greater delaware valley, including, but not limited to, the provision of a full range of high-quality, family centered health care services and contemporary pediatric medicine, including research and medical education, related to the promotion of health. Stc pediatrics works jointly with drexel university college of medicine to attract and retain physicians with excellent academic qualifications and skills to promote stc pediatric's missions; and works charitably to promote community health education, prevent illness and injury and provide medical services to children and youth under the age of twenty-one (21) in the company's service area. Our mission is to provide compassionate, accessible, high-quality, cost- effective healthcare to all children and youth up to age 21 who seek our care or who are referred to us; to promote health; to educate healthcare professionals; and to participate in appropriate clinical research. In addition to its primary role as a direct care provider, st. Christopher's hospital for children addresses issues outside that realm that impact health and wellness. In fact, a key part of our mission means reinvesting our resources into these efforts, collectively known as community benefit. St. Christopher's hospital for children's most recent community health needs assessment was completed in 2022 and identified and prioritized four areas of focus: access to equitable care, behavioral health, health education and prevention, and health equity. The development of the 2022 community health needs assessment (chna) implementation plan continued through the beginning of fy2023, with the final document being adopted and made publicly available by november 15, 2022. The categories and strategies outlined below reflect the 2022 chna and implementation plan efforts. Access to equitable care: st. Christopher's hospital for children deploys continuous improvement efforts to better understand the contributing factors that impede access to equitable care and how best to address identified barriers and gaps in the provision of health care and services. Improving an organization's capacity to provide access to equitable care for vulnerable and ethnic populations is a continuous and evolving process. St. Christopher's hospital for children was one of the first in the region to begin screening for social determinants of health (sdoh) in 2011. Screenings are performed in the center for the urban child (primary care), center for children and youth with special healthcare needs, adolescent medicine, and immunology, and st. Chris pediatric associates at northeast pediatrics (primary care) clinics. Over 8,000 screenings are performed annually. Our goal is to connect patients and families with access to the reso”

“Volunteers work throughout the hospital. Some work with children and their families and others work in departments that help support patient care behind the scenes. We had approximately 128 hospital volunteers who came to help with special events throughout the year and another 60 health tech students who were onsite for summer youth employment.”

“Other inpatient/outpatient/physician service accomplishments include but are not limited to: neonatal intensive care: st. Chris's neonatal intensive care unit department is a regional referral nicu which provides emergent, urgent and primary care services to high risk neonates in our community "24/7/365", regardless of ability to pay. Our level iv nicu provides care for some of the region's most critically ill newborns. We provide advanced treatments, such as lifesaving extracorporeal membrane oxygenation (ecmo), therapeutic hypothermia (total body cooling), comprehensive neurology care, and advanced surgeries. Our critical care transport team goes to all referring facilities to transport these babies to our nicu. Total patient days in fy2024 were 6,940. Orthopedics: a leader in pediatric care since 1875, st. Chris's orthopedics department consists of orthopedic specialists that assist children from birth to age 21. Services they treat are a range of pediatric and adolescent conditions, including, bone and joint infections, bone tumors (cancerous and noncancerous), congenital (inherited) problems in the limbs or spine, including limb deformities, dislocations, foot deformities, such as clubfoot, fractures & hip, disorders, neuromuscular problems, including cerebral palsy and myelomeningocele, spine problems, such as scoliosis and spondylolisthesis, and traumatic injuries. Total visits for fy2024 were 24,006.”

“The organization does not file form w-2, 1099-misc or form 1096. The organization and its related organization, reading hospital (ein 23- 1352204), share administrative responsibilities. As such, reading hospital administers payments to independent consultants and furnishes form 1099- misc, as required, and is responsible for filing stc healthcare partners (ein 84-3467958) form 1096 and w-2 filings.”

“Other prog. Other fees/serv 26,899,068 0 0 prog 1 other fees/services 1,567,164 0 0 prog 2 other fees/services 1,821,568 0 0 prog 3 other fees/services 104,735 0 0 outside serv/other fees 0 11,191,279 0 physician fees 38,848,174 0 0 legal fees 0 -14,098 0 total 69,240,709 11,177,181 0”

“Assets released from restrictions -4,789,071”