Dameron Hospital Association

“Dameron hospital association has entered into an agreement with adventist health system/west to provide the following: - day-to-day management and operation services for the hospital, including all usual and customary responsibilities, duties, and obligations in connection with operating and maintaining the hospital as a nonprofit hospital in compliance with regulations and standards. This includes services of senior management personnel to support personnel as deemed necessary.-manage and supervise all hospital employed and contracted personnel and will analyze the workforce and provide a recommended staffing plan. -responsible for billing and collection of charges for all services provided by the hospital, following the hospital's current charge schedules and collection policies, including the charity care policy. -take over payment of expenses, invoices, accounts payable, and other obligations of the hospital in accordance with the hospital's policies. They are allowed access to the bank accounts, and expenses exceeding $250,000 require dameron bod approval. -oversee the accounting system and prepare monthly, quarterly, and annual financial statements and bookkeeping. -manage all current vendor agreements and look to renegogiate contracts with unfavorable terms. Any contract negotiations of $250,000 or more require dameron bod approval. All capital plan projects must receive dameron board of directors approval. And ensure the hospital remained fully licensed and certified for participation in government programs and other third party payor programs. -shall assess and recommend improvements and efficiencies to the hospital's operations including improving financial effectiveness, quality of operations, capital budget, and expenditures. The bod will ultimately make decisions related to the capital budget, expenditures, and investments.-develop branding for board approval. -dameron hospital association must obtain consent from adventist prior to taking the following actions: authorize or approve the transfer or dispose of real or personal property (except obsolete items); enter into debt that creates liens on real or personal property of the hospital; execute leases, contracts, or agreements; terminate licenses, certifications, or permits.”

“The form 990 is reviewed by the cfo and accounting manager.”

“Each individual fiduciary must execute a conflicts of interest disclosure statement and questionnaire at least annually and must promptly report all facts regarding any new transaction that might create a conflict of interest as soon as they become aware of any such transaction. It is each fiduciary's duty to make a full disclosure as provided herein of all material facts regarding any possible conflict of interest, to describe the situation or transaction, and to disclose the details of the employee, medical staff officer, or related party's interest in the situation or transaction. All fiduciaries shall report all possible conflicts of interest to the chief executive officer, or her designee. The chief executive officer, or designee, shall conduct such review as appropriate, and refer such information to the board of directors of the hospital. The board of directors shall review such conflicts and disclosures. The board of directors may consult with legal counsel and such other authorities as may be desired, and may request any additional information deemed relevant, including the source and amount of any income or financial interest or other economic benefit to be derived by such person from the situation or transaction. It is the policy of the board of directors that the existence of any interest described within the corporate compliance & regulatory affairs policy shall be disclosed before any transaction is consummated. Each fiduciary has a continuing responsibility to scrutinize any transaction in which the fiduciary or a related party is directly or indirectly interested for potential conflict of interest and to make a full disclosure as provided herein. The chief executive officer, or the board of directors shall as provided herein then determine whether a conflict of interest exists and shall take the appropriate action. All decisions regarding conflicts of interest rest in the sole discretion of the board of directors in the exercise of its ultimate judgment of the best interests of the hospital. All officers who are employees, along with the rest of management and the board are subject to an annual conflict of interest disclosure process.”

“Financial statements are made available upon request. Governing documents and conflict of interest policy are not available to the public to view.”