Altamed Health Services Corporation

“The president and ceo is related by marriage to the executive vice president & chief administrative officer.”

“Altamed health services corporation's outside cpa firm and finance staff prepare the form 990. The form is then reviewed and approved by both the organization's president and ceo, and the evp of finance and cfo. The form is subsequently provided to the full board for acceptance before filing.”

“Altamed health services corporation ("altamed") maintains policies that require annual acknowledgment of altamed's conflict of interest policies and the subsequent disclosure of any such conflicts, as necessary, by all board members, employees and agents ("disclosing parties") who: a) have the authority to negotiate or approve business decisions and/or referrals to entities paid directly or indirectly by medicare and/or medicaid services and b) have personal, financial, and/or other interest. Disclosing parties must notify and disclose any suspected or known conflicts of interest to the office of compliance and risk management ("ocrm"). Altamed's policies are reviewed with disclosing parties annually through training videos and in-person presentations, with signed acknowledgments obtained where possible and appropriate. Altamed maintains a detailed review process for any potential conflicts identified by any disclosing parties. This process includes fact gathering, review of the circumstances, a determination of any actual conflicts, and remediation steps to address such actual conflicts.”

“The executive committee of the board of directors serves as the compensation committee and reviews the president & ceo's compensation. Additionally, a nationally recognized independent compensation consultant firm is engaged to review the president & ceo's compensation. The firm undertakes specific protocols and obtains organizational data from numerous companies and peer groups and then renders a "reasonableness" opinion that is presented to the executive committee of the board of directors. The firm's process includes a review of compensation data of similarly constituted companies, market trends, the organization's present compensation package for the president & ceo, including cash and non-cash benefits, and the methodology and philosophy used for the assessment and total compensation analysis. Additionally, market benefit and recruitment and retention trends are considered and evaluated. The firm's report, including opinions are provided to the executive committee of the board of directors, which is comprised of four independent directors. The executive committee of the board of directors is provided with external peer group data that includes executive compensation (in u.s. Dollars and market percentiles) of comparably sized california non-profit and some for-profit healthcare organizations. The firm's opinions are based on comparability data from national and regional data bases, from which comparisons of the organization's president & ceo compensation with external peer group compensation levels can be made, which is provided to the executive committee of the board of directors in its report. The executive committee of the board of directors is also presented with data that compares the organization's compensation package for the president & ceo to the level generally targeted in the organization's compensation philosophy. Based upon the totality of the data garnered by the compensation consulting firm, the executive committee of the board of directors is provided with the firm's opinion as to the "reasonableness" of the president & ceo's compensation. The executive committee of the board of directors deliberates on the data to assess whether it is appropriate in representing compensation levels with similar organizations, positions and circumstances and that it represents fair market value for services rendered on a realistic basis. The executive committee of the board of directors also interviews the president & ceo and considers the president & ceo's self-evaluation and other information relevant to assessing the president & ceo's compensation. The executive committee of the board of directors then provides its recommendations to the board of directors for the president & ceo's compensation. The board of directors is provided with available information and the opinions of the experts and deliberates and discussess such information and opinions as it deems necessary to properly assess the compensation levels of the organization's president & ceo. All persons with a conflict of interest abstain from deliberation and discussion. The executive group leadership team of altamed periodically receives a report from a nationally recognized and independent compensation consulting firm that compiles compensation benchmarks and compares the compensation arrangements of similar executives across the country in similar industries for other executives. The executive group leadership team annually reviews the fixed and variable compensation of "other officers or key employees" of altamed. This review and assessment includes the following: an employee's current fixed and variable compensation package; market compensation data, national and/or local, of similarly constituted companies and executives as provided by mercer; market trends, national and/or local; an evaluation of the employee's performance levels for the relevant performance cycle including an employee self-review; an evaluation of altamed's performance levels for the re”

“Some or all of these items may be available upon request.”

“Contract labor: program service expenses 39,291,160. Management and general expenses 6,486,075. Fundraising expenses 0. Total expenses 45,777,235. Specialty services: program service expenses 363,076,070. Management and general expenses 0. Fundraising expenses 0. Total expenses 363,076,070. Medical services: program service expenses 117,508,088. Management and general expenses 0. Fundraising expenses 0. Total expenses 117,508,088. Purchased services: program service expenses 235,294. Management and general expenses 0. Fundraising expenses 0. Total expenses 235,294. Therapeutic services: program service expenses 49,645. Management and general expenses 0. Fundraising expenses 0. Total expenses 49,645. Consulting services: program service expenses 10,001,025. Management and general expenses 77,725. Fundraising expenses 0. Total expenses 10,078,750.”

“Health promotion & education: program service expenses 5,004,703. Management and general expenses 63,434. Fundraising expenses 2,851,648. Total expenses 7,919,785. Staff development: program service expenses 6,324,638. Management and general expenses 763,809. Fundraising expenses 46. Total expenses 7,088,493. Litigation settlement: program service expenses 4,275,614. Management and general expenses 208,176. Fundraising expenses 0. Total expenses 4,483,790. Provision for income taxes: program service expenses 0. Management and general expenses 996,899. Fundraising expenses 0. Total expenses 996,899.”