Lhs Legacy Inc

“Lake hospital system, inc. Dba lake health is the sole member of lhs legacy, inc.”

“The sole member, lake hospital system, inc., has the right to elect or appoint one or more members of the governing body.”

“The sole member, lake hospital system, inc., is required to provide written consent if the filing organization: 1) takes any action or inaction that would result in a change to the tax-exempt type and/or status of the entity or a change in the supported organization, 2) merging or consolidating and selling, transferring, or disposing of substantially all of its assets to any entity other than the supported organization, 3) amending the articles of incorporation and/or bylaws, and 4) dissolving or liquidating of the organization. The sole member also has the right to approve nominations for members of the governing body.”

“The form 990 is prepared by an independent third-party public accounting firm. Management reviews the form 990 before the complete copy is made available to the board before filing.”

“The system has adopted six conflict of interest policies that set forth guidelines related to transactions with disqualified persons (as defined in applicable federal regulation). These policies apply to all employees, employed physicians and other licensed practitioners (excluding physician trainees), directors, officers, and related parties to uh and its wholly-owned subsidiaries. Uh regularly and consistently monitors and enforces compliance with the conflict of interest policies. Designated individuals, (e.g., uh management, directors, employed physicians, and advanced practice professionals), are required to complete an annual disclosure and provide information regarding any interests that may be potential conflicts pursuant to the conflict of interest policies. They are required to provide any changes or new disclosures should they occur. All disclosures and subsequent updates to disclosures are reviewed by the uh compliance and ethics department. Board-level and key personnel conflicts are reviewed and approved, if appropriate, by the audit and compliance committee of the uh board and/or the uh board. If a conflict exists with a director, certain restrictions may be imposed, such as excusing the director from the room during discussion and/or voting with regard to a proposed transaction. Education regarding conflicts of interest is included in the annual compliance training that includes all directors, employees, physicians and licensed practitioners.”

“The governing documents, financial statements and conflict of interest policy for lhs legacy, inc. Are available upon request.”