2022-12-12T10:40:54-06:00 2019-12-31 271728945 PKF O'CONNOR DAVIES LLP 300 TICE BOULEVARD SUITE 315 WOODCLIFF LAKE NJ 07677 990 2019-01-01 221487307 THE VALLEY HOSPITAL INC VALL 2014478000 223 NORTH VAN DIEN AVENUE RIDGEWOOD NJ 07450 WILLIAM KLUTKOWSKI VP FINANCE & CFO 2014478000 2022-12-09 1 EDWARD G O'CONNOR P00434443 2017129800 2022-12-08 2019 2022-09-23 18:48:47Z X WILLIAM KLUTKOWSKI 223 NORTH VAN DIEN AVENUE RIDGEWOOD NJ 07450 957982359 0 X WWW.VALLEYHEALTH.COM X 1925 NJ THE VALLEY HOSPITAL SERVES THE COMMUNITY BY HEALING AND CARING FOR PATIENTS, COMFORTING THEIR FAMILIES AND TEACHING GOOD HEALTH. 17 16 4175 1395 2475261 -1093101 269535 368715 720350624 828330166 28853710 14015516 9529636 17427712 759003505 860142109 0 0 0 0 305767748 330964627 0 0 0 415057814 415847045 720825562 746811672 38177943 113330437 1249287053 1846770409 247416867 670082760 1001870186 1176687649 X THE VALLEY HOSPITAL SERVES THE COMMUNITY BY HEALING AND CARING FOR PATIENTS, COMFORTING THEIR FAMILIES AND TEACHING GOOD HEALTH. THE VALLEY HOSPITAL IS DISTINGUISHED BY A COMMITMENT TO EXCELLENCE IN CLINICAL CARE, INNOVATION IN PROGRAMS AND TECHNOLOGY, AND PROVIDING A COMPASSIONATE AND RESPECTFUL ENVIRONMENT. 0 0 441350642 559586160 THE VALLEY HOSPITAL, IN RIDGEWOOD, NJ, IS A FULLY ACCREDITED, ACUTE CARE, NOT-FOR-PROFIT HOSPITAL SERVING MORE THAN 440,000 PEOPLE IN 32 TOWNS IN BERGEN COUNTY AND ADJOINING COMMUNITIES. THE VALLEY HOSPITAL IS PART OF VALLEY HEALTH SYSTEM, A REGIONAL HEALTHCARE SYSTEM THAT SERVES RESIDENTS IN NORTHERN NEW JERSEY AND SOUTHERN NEW YORK. IT COMPRISES THE VALLEY HOSPITAL, VALLEY HOME CARE, AND VALLEY MEDICAL GROUP. AS A NOT-FOR-PROFIT HOSPITAL, VALLEY IS COMMITTED TO GIVING BACK TO THE COMMUNITY. VALLEY SERVES THE COMMUNITY BY PROVIDING THOUSANDS OF HOURS OF HEALTHCARE EDUCATION AND SCREENINGS, SUPPORT GROUPS, AND CLASSES TO ASSIST THOSE IN NEED, AND CARE TO ALL THOSE WHO COME THROUGH OUR DOORS, REGARDLESS OF THEIR ABILITY TO PAY. VALLEY'S CURRENT LICENSED CAPACITY IS 431 BEDS. BERGEN COUNTY IS PREDOMINANTLY WHITE AND NON-HISPANIC. THERE ARE 932,202 RESIDENTS IN THE 233.01 SQUARE MILES OF BERGEN COUNTY, NJ. 20.6 PERCENT OF THE POPULATION IS HISPANIC AND 16.9 PERCENT ASIAN. THE MEDIAN HOUSEHOLD INCOME IS $95,837. RESIDENTS ARE GENERALLY WELL-EDUCATED AND HAVE HIGHER GRADUATION RATES THAN NJ AND THE U.S. THE VALLEY HOSPITAL EMPLOYS PEOPLE WHO REPRESENT AND LIVE IN THE COMMUNITIES WE SERVE. MORE THAN 3,680 EMPLOYEES AND 1,350 ACTIVE VOLUNTEERS CONSTITUTE THE VALLEY HOSPITAL.IN 2019, 48,664 INDIVIDUALS WERE ADMITTED TO VALLEY, 70,420 PEOPLE WERE TREATED IN THE EMERGENCY DEPARTMENT, AND 3,510 BABIES WERE BORN. IN ADDITION TO ITS CENTERS OF EXCELLENCE IN CARDIAC/HEART FAILURE, DIABETES, ONCOLOGY, PULMONARY, GERIATRICS, TOTAL JOINT, AND NEUROVASCULAR, VALLEY ALSO OFFERS THE SERVICES OF A COMPREHENSIVE CANCER CENTER, CENTER FOR CHILDBIRTH, CENTER FOR MINIMALLY INVASIVE AND ROBOTIC SURGERY, A TOTAL JOINT REPLACEMENT CENTER, A NEUROSCIENCE CENTER, A CENTER FOR METABOLIC SURGERY AND WEIGHT-LOSS MANAGEMENT, A CENTER FOR SLEEP MEDICINE, THE GAMMA KNIFE CENTER, AND THE KIREKER CENTER FOR CHILD DEVELOPMENT, AMONG OTHERS. ACCORDING TO THE MOST RECENT DATA AVAILABLE, THE VALLEY HOSPITAL HAS BEEN RANKED BY NJBIZ AS THE FIFTH BUSIEST HOSPITAL IN THE STATE BASED ON TOTAL INPATIENT DISCHARGES.1,648 PEOPLE PARTICIPATED IN 73 BLOOD PRESSURE SCREENING CLINICS. 963 PEOPLE ATTENDED PROGRAMS ON CARDIAC AND STROKE. SOME PROGRAM TOPICS INCLUDE: MANAGING BLOOD PRESSURE, WOMEN AND STROKE, HEART HEALTH JEOPARDY, HEART VALVE SURGERY, WOMEN TAKE HEART, SLEEP AND TROUBLED HEART. 173 PEOPLE PARTICIPATED IN 2 FREE STROKE SCREENINGS. VALLEY ALSO HOSTS A STROKE SUPPORT GROUP OFFERED MONTHLY.287 PEOPLE PARTICIPATED IN VALLEY'S FREE COMPREHENSIVE HEART SCREENING, A PROGRAM DESIGNED TO IDENTIFY A PERSON'S POTENTIAL RISK FOR HEART DISEASE AND HELP PATIENTS TAKE STEPS TO PREVENT IT. 148983102 210695816 BERGEN COUNTY HAS THE SECOND HIGHEST PERCENTAGE OF ADULTS 65 AND OVER AMONG ALL COUNTIES IN NEW JERSEY. 16.4 PERCENT OF BERGEN COUNTY RESIDENTS ARE OVER AGE 65 COMPARED TO NEW JERSEY OVERALL AT 15.1 PERCENT. VALLEY HEALTH PRIMETIME WAS CREATED TO HELP OLDER ADULTS STAY HEALTHY BY TEACHING THEM GOOD HEALTH AND PROVIDING OPPORTUNITIES TO REMAIN SOCIALLY ACTIVE. IN 2019, VALLEY HEALTH PRIMETIME OFFERED 52 FREE PROGRAMS TO OVER 1,500 OLDER ADULTS. ADDITIONALLY, VALLEY'S COMMUNITY HEALTH DEPARTMENT WORKS WITH A NUMBER OF LOW-INCOME SENIOR HOUSING FACILITIES TO PROVIDE, SCREENINGS, EDUCATION, DONATIONS, AND RESOURCES FOR ITS RESIDENTS. EACH YEAR VALLEY DINING PREPARES OVER 23,000 MEALS FOR COMMUNITY MEALS, INC. AND FINANCIAL RESOURCES TO SUPPORT HOMEBOUND OLDER ADULTS IN VALLEY'S SERVICE AREA. VALLEY'S COMMUNITY CARE CLINIC HAD 6,230 VISITS IN 2019. THEY PROVIDE CARE AT NO COST TO THE PATIENTS WHO QUALIFY IN 16 (MEDICAL, NEUROLOGY, GI, GENERAL SURGERY, BREAST SURGERY, RHEUMATOLOGY, OPHTHALMOLOGY, GYN, OB, PEDIATRICS, PULMONARY, CARDIOLOGY, PAIN, DERMATOLOGY, ORTHOPEDICS, AND UROLOGY) SPECIALTY CLINICS. THEY CONTINUE TO PROVIDE CARE TO CHILDREN IN FOSTER CARE IN BERGEN AND PASSAIC COUNTIES THAT REQUIRE COMPLEX MEDICAL AND SUBSPECIALTY CARE. BY PARTNERING WITH AREA RELIGIOUS INSTITUTIONS, VALLEY IS ABLE TO WORK WITH UNDERSERVED POPULATIONS TO HELP MEET ACCESS TO CARE NEEDS OF THEIR MEMBERS BY PROVIDING ON-SITE HEALTH FAIRS, SCREENINGS, AND EDUCATION ON VARIOUS HEALTH TOPICS, AS WELL AS CONNECT INDIVIDUALS TO RESOURCES. 3,500 PEOPLE PARTICIPATED IN FREE SCREENINGS PROVIDED BY VALLEY AND OVER 37,500 PEOPLE PARTICIPATED IN FREE EDUCATION PROGRAMS IN 2019.NOT ONLY HAS VALLEY ENLISTED THE SERVICES OF UBER HEALTH TO PROVIDE TRANSPORTATION FOR PATIENTS WHO QUALIFY BASED ON INCOME LEVEL, BUT VALLEY OFFERS A FREE NON-EMERGENT TRANSPORTATION SERVICE FOR PATIENTS WHO ARE UNABLE TO DRIVE OR HAVE ACCESS TO PUBLIC TRANSPORTATION. VALLEY HEALTH SYSTEM HAS ALSO PARTNERED WITH DISPATCHHEALTH, A NATIONWIDE ON-DEMAND HEALTHCARE COMPANY TO DELIVER HIGH-QUALITY URGENT CARE TO NORTHERN NEW JERSEY RESIDENTS OF ALL AGES, IN THE COMFORT OF THEIR HOMES. DISPATCHHEALTH AND VALLEY ARE WORKING TOGETHER TO INCREASE ACCESSIBILITY TO AFFORDABLE CARE FOR SENIORS OR BUSY WORKING PARENTS, BOTH OF WHO CAN BENEFIT FROM STAYING HOME FOR TREATMENT. IN FACT, THE MEDICAL COST FOR A DISPATCHHEALTH VISIT IS NEARLY ONE-TENTH OF THE MEDICAL COST FOR AN ER VISIT. 28039641 59107865 1,719 PEOPLE PARTICIPATED IN CANCER EDUCATION AND SCREENING PROGRAMS IN 2019. BREAST CANCER, PROSTATE CANCER, AND COLON CANCER, AS WELL AS NUTRITION AND CANCER WERE TOPICS OF INTEREST. ADDITIONALLY, SMOKING AND VAPING WERE TOPICS THAT WERE WIDELY DISCUSSED. OVER 2,500 PEOPLE ATTENDED FREE SUPPORT GROUPS OFFERED BY VALLEY IN 2019. VALLEY ALSO PROVIDES MEETING SPACE FOR THREE 12-STEP PROGRAMS AND SUPPORT GROUPS FOR ALZHEIMER'S NEW JERSEY, CHILDREN AND ADULTS WITH ATTENTION-DEFICIT/HYPERACTIVITY DISORDER (CHADD), AND CRONES/COLITIS FOUNDATION. ANOTHER 5,507 PEOPLE ATTENDED MENTAL HEALTH AND SUBSTANCE ABUSE EDUCATION PROGRAMS ON TOPICS INCLUDING POSITIVE COPING, WINTER BLUES, ANXIETY ISSUES, BULLYING, MINDFULNESS, PALLIATIVE CARE, MANAGING STRESS, AND NALOXONE TRAINING. 520 PEOPLE ATTENDED WEEKLY GUIDED IMAGERY SESSIONS AND AN ADDITIONAL 441 PEOPLE ATTENDED THE NEW DRUMMING CIRCLE, AN EVIDENCE-BASED, MIND-BODY ACTIVITY THAT USES THE DRUM AS A TOOL FOR PERSONAL EXPRESSION AND HELPS TO LESSEN THE FEELINGS OF BURNOUT AND FATIGUE. 1,190 PEOPLE ATTENDED PROGRAMS ON ARTHRITIS, OSTEOPOROSIS, AND BACK PAIN. ARTHRITIS MANAGEMENT AND FALLS PREVENTION WERE POPULAR TOPICS ALONG WITH JOINT REPLACEMENT. MORE THAN 200 COMMUNITY RESIDENTS TURNED OUT FOR "JOINTS IN MOTION" AN INFORMATIVE EVENT FOCUSED ON ORTHOPEDICS AND JOINT REPLACEMENTS PRESENTED IN CONJUNCTION WITH STRYKER ORTHOPAEDICS AND HELD AT STRYKER'S CORPORATE AND MANUFACTURING HEADQUARTERS IN MAHWAH. 618373385 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 263 0 4175 1 1 1 1 CJ 0 0 0 0 0 0 0 0 0 0 X 17 16 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X WILLIAM KLUTKOWSKI 2014478000 223 NORTH VAN DIEN AVENUE RIDGEWOOD NJ 07450 AUDREY MEYERS PRESIDENT/CEO, VHS 0.50 40.00 X X 0 1710491 43337 RICHARD KENNAN SR VP FINANCE & CFO 1.00 40.00 X 0 1354045 45075 PETER W DIESTEL PRESIDENT, VHS OPERATIONS 1.00 40.00 X 0 1031980 44214 ROBIN G HOLLANDER SR VP, LEGAL SERVICES 1.00 40.00 X 0 829575 43475 JOSEPH YALLOWITZ VP & CHIEF MEDICAL OFFICER 40.00 X 669661 0 44451 ANN MARIE LEICHMAN SR VP/CNO PATIENT CARE SERV 40.00 X 642938 0 36862 GAIL CALLANDRILLO VP, PLANNING/ GOVT RELATIO 1.00 40.00 X 0 624740 43917 ERIC CAREY VP/CIO, INFORMATION SYSTEM 1.00 40.00 X 0 568035 52989 JOSE BALDERRAMA VP, HUMAN RESOURCES 1.00 40.00 X 0 526848 30730 DAVID J BOHAN VP & CHIEF DEVELOPMENT OFFICER 40.00 X 508242 0 35004 WILLIAM KLUTKOWSKI VP & CHIEF FINANCIAL OFFICER 1.00 40.00 X 11386 477058 49060 JULIA KARCHER VP, ADMINISTRATION 40.00 X 460696 0 20826 KARTEEK BHAVSAR VP, ADMINISTRATION 40.00 X 450485 0 20900 MEGAN FRASER VP, COMMUNICATIONS 1.00 40.00 X 0 431359 31056 JULIE W LO CHIEF PHYSICIST 40.00 X 280225 0 44135 BETTYANN KEMPIN ASST VP, ONCOLOGY 40.00 X 271061 0 42455 BRAD HASPEL ASST VP,ANCILLARY SERVICES 40.00 X 284506 0 23561 STACY MACK ASST VP, HEART & VASCULAR 40.00 X 266983 0 40057 ARLENE PAQUET ASST VP, QUALITY & PATIENT SAFETY 40.00 X 264255 0 28449 MARIA MEDIAGO VP, FACILITIES MGMT. THRU 3/31/19 1.00 40.00 X 0 196491 5534 VINCENT FORLENZA CHAIRMAN 0.50 0.50 X X 0 0 0 FRANK SHEEHY VICE CHAIRMAN 0.50 0.50 X X 0 0 0 JOSEPH MARION TREASURER 0.50 0.50 X X 0 0 0 EDWARD B SELF MD TREASURER THRU 5/2019, TRUSTEE 0.50 0.50 X X 0 0 0 ANN M LIMBERG SECRETARY 0.50 0.50 X X 0 0 0 STEVEN SILVERSTEIN TRUSTEE 0.50 0.50 X 0 0 0 MICHELLE HASSON TRUSTEE 0.50 0.50 X 0 0 0 BRUCE J MACTAS TRUSTEE 0.50 0.50 X 0 0 0 JUDY BASELICE TRUSTEE 0.50 0.50 X 0 0 0 DUANE SACHS TRUSTEE 0.50 0.50 X 0 0 0 SCOTT SCHROEDER TRUSTEE 0.50 0.50 X 0 0 0 JEFFREY S TUCKER TRUSTEE 0.50 0.50 X 0 0 0 PATRICIA VERDUIN TRUSTEE 0.50 0.50 X 0 0 0 DENIS SALAMONE TRUSTEE 0.50 0.50 X 0 0 0 KEVIN LOBO TRUSTEE 0.50 0.50 X 0 0 0 WAYNE WALD TRUSTEE 0.50 0.50 X 0 0 0 BARNETT RUKIN TRUSTEE - THRU 12/18/19 0.50 0.50 X 0 0 0 DAVID MONTGOMERY MD TRUSTEE - THRU 5/22/19 0.50 X 0 0 0 RAKESH SHARMA MD FCCP TRUSTEE - THRU 5/22/19 0.50 X 0 0 0 4110438 7750622 726087 664 0 1 0 TORCON INC 328 NEWMAN SPRINGS ROAD RED BANK NJ 07701 GENERAL CONTRACTOR 26069473 HDR ARCHITECTURE 1917 SOUTH 67TH STREET OMAHA NE 68106 ARCHITECTURAL 15277099 BERGEN ANESTHESIA GROUP PC 500 WEST MAIN STREET SUITE 16 WYCKOFF NJ 07481 ANESTHESIA 4884672 VIZIENT PO BOX 742081 ATLANTA GA 30374 TEMPORARY STAFFING 1833487 R4ARCHITECTURE LLC 539 CENTER STREET BETHLEHEM PA 18018 ARCHITECTURAL 1611693 121 368715 368715 INSURERS AND PATIENTS 621990 558526485 558526485 MEDICARE/MEDICAID PAYMENTS 621990 269803681 269803681 828330166 14568826 14568826 4528257 5956672 -1428415 -1428415 -1428415 91330268 91883578 -553310 -553310 -553310 OTHER 900099 8986525 8986525 VALLEY HEALTH PHARMACY 621990 3534936 1059675 2475261 PURCHASE DISCOUNTS AND REBATES 900099 3493632 3493632 2841034 2841034 18856127 860142109 829389841 2475261 27908292 2903041 2398485 504556 266804174 220432846 46371328 16207131 13390332 2816799 27132044 22416495 4715549 17918237 14804047 3114190 27555414 25437679 2117735 125004 125004 41215311 33984120 7231191 1123187 778533 344654 4055479 1951795 2103684 16374591 4942879 11431712 528879 480861 48018 3981792 3764485 217307 3371331 3371331 53530166 53530166 SUPPLIES 133452106 89475364 43976742 DRUGS 78103149 78103149 PROVISION FOR BAD DEBT 27305004 27305004 EQUIPMENT RENTALS 20478033 17158215 3319818 4647599 4647599 746811672 618373385 128438287 0 14401224 417736565 66786271 74960105 20692784 21306934 10490376 10016461 1156745461 752342634 427372689 404402827 536172531 752358675 236905 115203 173134273 165873639 1249287053 1846770409 78867634 111733591 400728310 59739053 59586984 108810180 98033875 247416867 670082760 X 995363544 1170107959 6506642 6579690 1001870186 1176687649 1249287053 1846770409 X 113330437 39985841 21501185 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 92597757 92597757 518487317 343961392 174525925 16642404 13935694 2706710 457832191 393220789 64611402 71185792 1224759 69961033 404402827 ASSETS HELD BY RELATED ORGANIZATION 47022248 DEFERRED FINANCING COSTS AND OTHER ASSETS 108012993 PENSION BENEFIT 10838398 165873639 AMOUNT DUE TO THIRD PARTY PAYERS AND OTHER LIABILITIES 58336180 ESTIMATED PROFESSIONAL MEDICAL LIABILITY 32300000 ACCRUED BOND INTEREST PAYABLE 867129 CAPEX BENEFIT LIABILITY 6530566 98033875 X 874251361 39985841 39985841 834265520 25876589 25876589 860142109 651335906 0 651335906 95475766 95475766 746811672 PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES BY PRESCRIBING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION IN 2019 OR 2018. PART XI, LINE 4B - OTHER ADJUSTMENTS: PROVISION FOR BAD DEBTS OFFSET AGAINST REVENUE 27,305,004. RENTAL LOSS INCLUDED IN STRATEGIC INITIATIVES -1,428,415. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT PROVISION OFFSET AGAINST REVENUE 27,305,004. EXPENSES REPORTED AS CHANGES IN NET ASSETS PER FINANCIAL STATEMENTS 68,170,762. 1 1 X 1 X 1 X 500.000000000000 1 1 0 1 1 9263304 9263304 0.01290 21989263 15127212 6862051 0.00950 31252567 15127212 16125355 0.02240 4055389 133712 3921677 0.00550 2431188 2431188 0.00340 1348556 1348556 0.00180 3204646 3204646 0.00450 678693 610 678083 0.00090 11718472 134322 11584150 0.01610 42971039 15261534 27709505 0.03850 332045 86131 245914 0.00030 37193 3792 33401 0.00010 264152 264152 0.00040 633390 89923 543467 0.00080 0 27305004 11741152 255550234 354161272 -98611038 X 1 1 1 1 THE VALLEY HOSPITAL 223 NORTH VAN DIEN AVENUE RIDGEWOOD NJ 07450 X THE VALLEY HOSPITAL 1 0 0 1 X X X X X X X X X 19 1 1 1 1 X WWW.VALLEYHEALTH.COM/SERVICES/COMMUNITY-HEALTH X 1 19 1 WWW.VALLEYHEALTH.COM/SERVICES/COMMUNITY-HEALTH 0 1 X 200.000000000000 500.000000000000 X 1 1 X X X 1 X WWW.VALLEYHEALTH.COM/BILLING-INSURANCE/FINANCIAL-ASSISTANCE X WWW.VALLEYHEALTH.COM/BILLING-INSURANCE/FINANCIAL-ASSISTANCE X WWW.VALLEYHEALTH.COM/BILLING-INSURANCE/FINANCIAL-ASSISTANCE X X X X X X 1 1 X X X X 1 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 THE VALLEY HOSPITAL PART V, SECTION B, LINE 6A: THE HOSPITAL'S CHNA WAS COMPLETED WITH THE FOLLOWING OTHER HOSPITAL FACILITIES: CHRISTIAN HEALTH CARE CENTER (RAMAPO RIDGE PSYCHIATRIC HOSPITAL), ENGLEWOOD HOSPITAL AND MEDICAL CENTER, HACKENSACK UNIVERSITY MEDICAL CENTER, HACKENSACKUMC AT PASCACK VALLEY AND HOLY NAME MEDICAL CENTER. THE VALLEY HOSPITAL PART V, SECTION B, LINE 6B: THE HOSPITAL'S CHNA WAS ALSO COMPLETED WITH THE COMMUNITY HEALTH IMPROVEMENT PARTNERSHIP OF BERGEN COUNTY AND THE DEPARTMENT OF HEALTH. THE VALLEY HOSPITAL PART V, SECTION B, LINE 11: THE VALLEY HOSPITAL CHNA IDENTIFIED EIGHTEEN (18) AREAS OF OPPORTUNITY. THESE AREAS WERE DETERMINED AFTER CONSIDERATION OF VARIOUS CRITERIA, INCLUDING: STANDING IN COMPARISON WITH BENCHMARK DATA (PARTICULARLY NATIONAL DATA); THE PREPONDERANCE OF SIGNIFICANT FINDINGS WITHIN TOPIC AREAS; THE MAGNITUDE OF THE ISSUE IN TERMS OF THE NUMBER OF PERSONS AFFECTED; AND THE POTENTIAL HEALTH IMPACT OF A GIVEN ISSUE. WE WILL BE ADDRESSING 16 OF THE 18 AREAS BY:- IMPROVE HEALTH STATUS THROUGH CHRONIC DISEASE AND CARE MANAGEMENT.- CONTINUE TO OFFER COMMUNITY CARE CLINIC- EXPAND REACH TO UNDERSERVED AND SPECIAL POPULATIONS- EXPAND PRIMARY AND PREVENTATIVE CARE, AND ENHANCE ACCESS AND CONVENIENCE OF PROVIDER SERVICES.- CONTINUE TO OFFER PROGRAMS, SERVICES AND SUPPORT GROUPS TO PROMOTE POSITIVE MENTAL HEALTH AND PREVENT SUBSTANCE ABUSE- INCREASE ACCESS TO IMMUNIZATIONS AND REDUCE INFECTIOUS DISEASETHE TWO AREAS NOT COVERED ARE CHILDREN'S DENTAL CARE AND CHILDREN'S PHYSICAL ACTIVITY. THEY WILL NOT BE ADDRESSED BECAUSE:CHILDREN'S DENTAL CARE- HOSPITAL DOES NOT HAVE THE EXPERTISE TO EFFECTIVELY ADDRESS CHILDREN'S DENTAL CARE. ISSUE IS NOT A PRIORITY FOR COMMUNITY MEMBERS AND THEREFORE APPROACH IS UNLIKELY TO SUCCEED. NEED IS NOT AS PRESSING AS OTHER PROBLEMS.CHILDREN'S PHYSICAL ACTIVITY INITIATIVES ARE INCLUDED IN OUR EFFORTS TO IMPROVE HEALTH STATUS HOWEVER WE CHOSE TO ADDRESS ACTIVITY INITIATIVES FOR ALL AGE LEVELS, NOT SPECIFICALLY CHILDREN ONLY. SCHEDULE H, PART V, SECTION B, LINE 5: THE HOSPITAL FACILITY TOOK INTO ACCOUNT INPUT FROM PERSONS WHO REPRESENT THE COMMUNITY BY ENGAGING INDIVIDUALS ACROSS BERGEN COUNTY TO PARTICIPATE IN THE ASSESSMENT AND PLANNING PROCESS. REPRESENTATIVES FROM HEALTH AND SOCIAL SERVICE PROVIDERS; COUNTY LEADERSHIP AND STAFF; FAITH LEADERS; COMMUNITY RESIDENTS; HOSPITAL LEADERSHIP, CLINICIANS AND STAFF; COMMUNITY AND PUBLIC HEALTH OFFICIALS; AND COMMUNITY ORGANIZERS AND ADVOCATES PARTICIPATED IN THE PROCESS. EACH REPRESENTATIVE ORGANIZATION ON THE STEERING COMMITTEE SUBMITTED A LIST OF KEY INFORMANTS THAT COULD PROVIDE A DEEP AND BROAD PERSPECTIVE ON THE HEALTH-RELATED NEEDS OF THE COUNTY AND BECAUSE OF THEIR ABILITY TO IDENTIFY PRIMARY CONCERNS OF THE POPULATIONS WITH WHOM THEY WORK. KEY INFORMANT INTERVIEWS WERE CONDUCTED WITH APPROXIMATELY 80 COMMUNITY STAKEHOLDERS THROUGHOUT THE COUNTY. THE INTERVIEWS CONFIRMED AND/OR REFINED THE FINDINGS FROM QUANTITATIVE DATA SOURCES AND PROVIDED VALUABLE INSIGHT ON COMMUNITY NEED, COMMUNITY HEALTH PRIORITIES, SEGMENTS OF THE POPULATION MOST AT-RISK AND COMMUNITY HEALTH ASSETS. TO FURTHER-ENGAGE COMMUNITY RESIDENTS AND STAKEHOLDERS, INCLUDING SEGMENTS THAT ARE TYPICALLY HARD TO REACH, A MAIL-BASED RANDOM HOUSEHOLD SURVEY WAS DISTRIBUTED TO MORE THAN 4,000 RANDOMLY IDENTIFIED HOUSEHOLDS IN THE COUNTY. IN ALL, 1,372 COMMUNITY RESIDENTS RESPONDED TO THE SURVEY.THE FOLLOWING INDIVIDUALS WERE CONSULTED:- SUE DEBIAK, DIVISION DIRECTOR, OFFICE OF ALCOHOL AND DRUG DEPENDENCY, BERGEN COUNTY DEPARTMENT OF HEALTH SERVICES- SUSAN DEVLIN, ASSOCIATE EXECUTIVE DIRECTOR, COMPREHENSIVE BEHAVIORAL HEALTH CARE- MICHELLE HART LOUGHLIN, DIRECTOR, DIVISION OF MENTAL HEALTH SERVICES, BERGEN COUNTY DEPARTMENT OF HEALTH SERVICES- CAROLYN DEBOER, DIRECTOR OF CORPORATION PLANNING, PARTNERSHIP FOR MATERNAL AND CHILD HEALTH- THOMAS DEMAIO, PRINCIPAL, PASCACK VALLEY HIGH SCHOOL- ELLEN ELIAS, SENIOR VICE PRESIDENT OF PREVENTION AND COMMUNITY SERVICES, CHILDREN'S AID AND FAMILY SERVICES- MARIAM GERGES, DIRECTOR OF SCHOOL BASED HEALTH SERVICES, DWIGHT MORROW ZONE, BERGEN FAMILY CENTER- WENDY LAMPARELLI, SCHOOL NURSE, HACKENSACK SCHOOL DISTRICT- ILLISE ZIMMERMAN, CEO, PARTNERSHIP FOR MATERNAL AND CHILD HEALTH- GARY BUCHHEISTER, DIRECTOR OF RECREATION, WESTWOOD RECREATION DEPARTMENT- DR. STEVEN CLARKE, DIRECTOR, WYCKOFF BOARD OF HEALTH- ROBERT ESPOSITO, DIRECTOR, BERGEN COUNTY DIVISION OF COMMUNITY DEVELOPMENT- KEN KATTER, HEALTH OFFICER, TOWNSHIP OF TEANECK- DANIEL KOTKIN, DIVISION OF DISABILITY SERVICES, BERGEN COUNTY DEPARTMENT OF HEALTH SERVICES- DARLENE REVEILLE, PUBLIC HEALTH NURSE, CITY OF GARFIELD- KAREN WOLUJEWICZ, ASSISTANT HEALTH OFFICER, BERGEN COUNTY DEPARTMENT OF HEALTH SERVICES- ANN GUILLORY, CHAIRWOMAN OF HEALTH AND HUMAN SERVICES COMMITTEE, BERGEN COUNTY LINKS- JAE CHUN, HEALTH INSURANCE AGENT/INTERPRETER- BIANCA MAYES, HEALTH AND WELLNESS COORDINATOR, GARDEN STATE EQUALITY- JEANNE MARTIN, EXECUTIVE DIRECTOR, MEALS ON WHEELS NORTH JERSEY- JACLYN PADOVANO, REGISTERED DIETICIAN, SHOPRITE OF HILLSDALE- JAMIE PEPPER, REGISTERED DIETICIAN, SHOPRITE OF NORTHVALE- KEVIN BRENDLEN, VICE PRESIDENT OF STRATEGIC PARTNERSHIPS, VAN DYK HEALTH CARE- SUSAN CRANDALL, BERGEN COUNTY CANCER EDUCATION AND EARLY DETECTION (CEED) PROGRAM COORDINATOR, BERGEN COUNTY DEPARTMENT OF HEALTH SERVICES- CAROL SILVER ELLIOTT, CEO/PRESIDENT, JEWISH HOME FAMILY- KIMBERLY GITTINES, HEALTH SYSTEM MANAGER, AMERICAN CANCER SOCIETY- AMANDA MISSEY, PRESIDENT/CEO, BERGEN VOLUNTEER MEDICAL INITIATIVE- KATHY NUGENT, DIRECTOR OF REGIONAL PROGRAMS, CANCERCARE- DR. FLORDELIZ PANEM, CHIEF MEDICAL OFFICER, NORTH HUDSON COMMUNITY ACTION- ELIZABETH DAVIS, EXECUTIVE DIRECTOR, SENIOR HOUSING SERVICES- JULIA ORLANDO, DIRECTOR, BERGEN COUNTY HOUSING AUTHORITY- SUE ULLRICH, PROGRAM DIRECTOR, RIDGECREST APARTMENTS- LT. JAY HUTCHINSON, WESTWOOD POLICE DEPARTMENT- LISA BONTEMPS, PROGRAM MANAGER, WESTWOOD FOR ALL AGES- SHEILA BROGAN, MIDLAND PARK SENIOR CENTER AND AGE-FRIENDLY RIDGEWOOD- BRIANNA GREENBERG, CASE MANAGER, BERGEN COUNTY DIVISION OF SENIOR SERVICES- JANET SHARMA, PROJECT COORDINATOR, AGE FRIENDLY ENGLEWOOD- JOAN CAMPANELLI, SENIOR SERVICES, BERGEN COUNTY DIVISION OF SENIOR SERVICES- KAARIN VARON, PROGRAM OFFICER, THE RUSSELL BERRIE FOUNDATION- REV. MACK BRANDON, METROPOLITAN CHURCH- KATE DUGGAN, EXECUTIVE DIRECTOR, FAMILY PROMISE OF RIDGEWOOD- JOAN QUIGLEY, PRESIDENT/CEO, NORTH HUDSON COMMUNITY ACTION CORPORATION- DENISE VOLLKOMMER, EXECUTIVE DIRECTOR, SOCIAL SERVICE ASSOCIATION OF RIDGEWOOD AND VICINITYBERGEN NEW BRIDGE MEDICAL CENTER- SENIOR LEADERSHIP TEAM (GROUP INTERVIEW WITH APPROXIMATELY 12 ATTENDEES)- DR. RAJASHREE KANTHA, PHYSICIAN- ADRIENNE MARIANO, DIRECTOR OF BEHAVIORAL HEALTH SERVICES- DEBORAH VISCONI, PRESIDENT/CEOENGLEWOOD HEALTH- DR. STEPHEN BRUNNQUELL, PRESIDENT, ENGLEWOOD HEALTH PHYSICIANS NETWORK- DR. HILLARY COHEN, VICE PRESIDENT OF MEDICAL AFFAIRS- KATHY KAMINSKY, SENIOR VICE PRESIDENT, CHIEF POPULATION HEALTH OFFICER, CHIEF NURSING OFFICER- RICHARD LERNER, BOARD OF TRUSTEES- DR. ANNE PARK, DIRECTOR OF COMMUNITY HEALTH- THOMAS SENTER, CHAIRMAN OF THE BOARD- RICHARD SPOSA, DIRECTOR OF EMERGENCY MEDICAL SERVICES- JOANN VENEZIA, PROGRAM DIRECTOR OF BEHAVIORAL HEALTH SERVICESHACKENSACK MERIDIAN HEALTH PASCACK VALLEY MEDICAL CENTER- DR. ERIC AVEZZANO, GASTROENTEROLOGY- DAWN DEPALMA, MANAGER OF PATIENT EXPERIENCE- DR. EDWARD GOLD, INTERNAL MEDICINE- ANA MARIA RESTREPO, DIRECTOR OF THE EMERGENCY SERVICESHACKENSACK UNIVERSITY MEDICAL CENTER- CLINICAL AND DEPARTMENT LEADERSHIP (GROUP MEETING WITH APPROXIMATELY 20 ATTENDEES)HOLY NAME MEDICAL CENTER- KYUNG HEE CHOI, VP OF ASIAN HEALTH SERVICES- DR. CLENTON COLEMAN, INTERNAL MEDICINE- REKHA NANDWANI, PROGRAM MANAGER, INDIAN MEDICAL PROGRAM- EDWARD TORRES, ADMINISTRATIVE DIRECTOR OF LABORATORY SERVICES- ANNA WANG, MANAGER OF COMMUNITY PROGRAMS, ASIAN HEALTH SERVICESRAMAPO RIDGE PSYCHIATRIC HOSPITAL- CLINICAL AND DEPARTMENT LEADERSHIP (GROUP MEETING WITH APPROXIMATELY 10 ATTENDEES)THE VALLEY HOSPITAL- DR. GEORGE BECKER, MEDICAL DIRECTOR, EMERGENCY DEPARTMENT- LAFE BUSH, DIRECTOR OF EMERGENCY SERVICES- TONI MODAK, DIRECTOR OF POPULATION HEALTH, VALLEY HEALTH SYSTEM- DIANE TEDESCHI, DIRECTOR OF COMMUNITY CARE CLINIC PART I, LINE 6A: THE HOSPITAL PREPARES AN ANNUAL COMMUNITY BENEFIT REPORT WHICH IS MAILED TO OUR SERVICE AREA. COMMUNITY BENEFIT STATISTICS ARE ALSO REPORTED AT OUR ANNUAL MEETING, WHICH IS OPEN TO THE PUBLIC. IN ADDITION, THE COMMUNITY BENEFIT REPORT IS ALSO POSTED ON THE HOSPITAL'S WEBSITE. PART I, LINE 7: THE COST TO CHARGE RATIO USED TO CALCULATE THE AMOUNTS IN THE TABLE WAS DERIVED FROM WORKSHEET 2, RATIO OF PATIENT CARE COST-TO-CHARGES. PART I, LINE 7G: THERE ARE NO SUBSIDIZED HEALTH SERVICES WHICH ARE ATTRIBUTABLE TO A PHYSICIAN CLINIC. COSTS INCLUDED REPRESENT MEDICATION AND TRANSPORTATION FOR INDIGENT PATIENTS. PART II, COMMUNITY BUILDING ACTIVITIES: SEE STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS PART III, LINE 2: THIS IS THE TOTAL BAD DEBT EXPENSE FOR THE HOSPITAL DISCOUNTED BY THE RATIO OF PATIENT CARE COST TO CHARGES. PART III, LINE 3: THIS IS THE TOTAL BAD DEBT EXPENSE FOR PATIENTS ELIGIBLE FOR FINANCIAL ASSISTANCE DISCOUNT BY THE RATIO OF PATIENT CARE COST TO CHARGES. PART III, LINE 4: IN 2019, THE ORGANIZATION ADOPTED THE FINANCIAL ACCOUNTING STANDARDS BOARD (THE FASB) ACCOUNTING STANDARDS UPDATE (ASU) NO. 2014-09, REVENUE FROM CONTRACTS WITH CUSTOMERS (TOPIC 606) USING THE MODIFIED RETROSPECTIVE APPROACH. ASU NO. 2014-09 SUPERSEDES THE REVENUE RECOGNITION REQUIREMENTS IN TOPIC 605, REVENUE RECOGNITION, AND MOST INDUSTRY SPECIFIC GUIDANCE. THE CORE PRINCIPLE UNDER ASU NO. 2014-09 IS THAT REVENUES ARE RECOGNIZED TO DEPICT THE TRANSFER OF PROMISED GOODS OR SERVICES TO CUSTOMERS (PATIENTS) IN AN AMOUNT THAT REFLECTS THE CONSIDERATION AT WHICH THE ENTITY EXPECTS TO BE ENTITLED IN EXCHANGE FOR THOSE GOODS OR SERVICES. ADDITIONALLY, ASU NO. 2014-09 REQUIRES ENHANCED DISCLOSURES OF REVENUE ARRANGEMENTS.THE ORGANIZATION APPLIED THE MODIFIED RETROSPECTIVE APPROACH TO ALL CONTRACTS WHEN ADOPTING ASU NO. 2014-09. AS A RESULT OF THE ADOPTION, THE MAJORITY OF WHAT WAS PREVIOUSLY CLASSIFIED AS THE PROVISION FOR BAD DEBTS IN THE CONSOLIDATED STATEMENTS OF OPERATIONS AND CHANGES IN NET ASSETS IS NOW REFLECTED AS IMPLICIT PRICE CONCESSIONS, AS DEFINED IN TOPIC 606, AND THEREFORE INCLUDED AS A REDUCTION OF NET PATIENT SERVICE REVENUES. FOR CHANGES IN TRANSACTION PRICE RELATED TO CHANGES IN PATIENT CIRCUMSTANCES, THE ORGANIZATION WILL PROSPECTIVELY RECOGNIZE THOSE AMOUNTS AS A PROVISION FOR BAD DEBTS WITHIN OPERATING EXPENSES ON THE CONSOLIDATED STATEMENTS OF OPERATIONS AND CHANGES IN NET ASSETS. FOR PERIODS PRIOR TO JANUARY 1, 2019, THE PROVISION FOR BAD DEBTS OF APPROXIMATELY $27.7 MILLION HAS BEEN PRESENTED CONSISTENT WITH THE PREVIOUS REVENUE RECOGNITION STANDARDS THAT REQUIRED SEPARATE PRESENTATION OF THESE AMOUNTS AS A COMPONENT OF NET PATIENT SERVICE REVENUES. ADDITIONALLY, AS A RESULT OF THE ADOPTION OF ASU NO. 2014-09, THE ALLOWANCE FOR DOUBTFUL ACCOUNTS OF APPROXIMATELY $58.2 MILLION AS OF JANUARY 1, 2019 WAS RECLASSIFIED AS A COMPONENT OF ACCOUNTS RECEIVABLE, NET. ALSO DUE TO THE ADOPTION OF ASU NO.2014-09 $14.5 MILLION WAS RECORDED AS A CUMULATIVE EFFECT OF ACCOUNTING PRINCIPLE AS A RESULT OFREVIEWING RESERVES RECORDED WITHIN DUE TO THIRD-PARTY PAYORS AS OF DECEMBER 31, 2019. PART III, LINE 8: IN ADDITION TO CHARITY CARE, BAD DEBT, AND THE TREATMENT OF FINANCIALLY NEEDY PATIENTS UNDER THE MEDICAID PROGRAM, THE HOSPITAL PROVIDES SERVICES TO ELDERLY AND DISABLED PATIENTS COVERED UNDER THE MEDICARE PROGRAM REGARDLESS OF INCOME. THE UNPAID COSTS ATTRIBUTED TO PROVIDING CARE UNDER THIS PROGRAM, AND THUS CONSIDERED A COMMUNITY BENEFIT, WERE ESTIMATED AT $98.6 MILLION. PART III, LINE 9B: WHEN A PATIENT MAY QUALIFY FOR CHARITY CARE OR FINANCIAL ASSISTANCE, OUR SYSTEM IS SET UP TO STOP SENDING STATEMENTS TO PREVENT THEM FROM GOING TO A COLLECTION AGENCY. WE ALSO HAVE THE ABILITY TO MANUALLY PUT AN ACCOUNT ON HOLD TO AVOID COLLECTION ACTIVITY AS WELL. PART VI, LINE 2: HOSPITAL STAFF REVIEWS ALL THE DISCHARGE DATA FROM THE STATE DOHSS TO DETERMINE WHAT THE MAJOR HEALTH ISSUES ARE IN THE COMMUNITY. WE LOOK AT DISEASE SPECIFIC INCIDENCE RATES IN OUR COMMUNITY AND DEVELOP FORECASTS FOR WHAT HEALTH ISSUES ARE PROJECTED TO PLAGUE THE POPULATION IN THE FUTURE. WE REVIEW CENSUS DATA TO MONITOR DEMOGRAPHIC SHIFTS AND WE CONDUCT QUALITATIVE RESEARCH (FOCUS GROUPS) TO ASSESS COMMUNITY FEEDBACK TO NEW PROGRAMS AND SERVICES. WE DEVELOP OUR CORE SERVICES AROUND THE MAJOR HEALTH ISSUES IN THE COMMUNITY - THUS, THEY ARE MOSTLY IN THE AREA OF HEART AND VASCULAR DISEASE, ONCOLOGY (MEDICAL AND SURGICAL), NEUROLOGY (STROKE) AND WOMEN'S AND CHILDREN'S SERVICES (OB, NICU, PICU, MFM AND IVF). PART VI, LINE 3: SIGNS ARE POSTED AT EVERY REGISTRATION AREA. INFORMATION REGARDING FINANCIAL SCREENING IS POSTED ON THE HOSPITAL'S WEBSITE FOR CHARITY CARE AS WELL AS THE UNINSURED DISCOUNT POLICY. PATIENTS CAN PRINT APPLICATIONS AND REQUIREMENTS FROM THE WEBSITE. THE HOSPITAL'S STATEMENTS CONTAIN INFORMATION ALERTING PATIENTS OF FINANCIAL ASSISTANCE. THE HOSPITAL'S HANDBOOKS EXPLAIN FINANCIAL OPTIONS WHICH INCLUDE INFORMATION OF STATE ASSISTANCE, DISCOUNT POLICY AND ANY OTHER TYPE OF FINANCIAL ARRANGEMENT. PART VI, LINE 4: THE PRIMARY AND SECONDARY SERVICE AREA OF THE VALLEY HOSPITAL IS COMPOSED OF 32 TOWNS IN NORTHWEST BERGEN AND PASSAIC COUNTIES. THESE COMMUNITIES ACCOUNT FOR 70% OF ALL OUR DISCHARGES. THE POPULATION IS 440,000 PEOPLE. PART VI, LINE 5: RENEWAL, WHICH IS BEING EVALUATED, IS ALL ABOUT MEETING THE HEALTH CARE NEEDS OF OUR COMMUNITY. THE OLDEST BUILDING ON THE CAMPUS, PHILLIPS, WAS CONSTRUCTED IN 1960. IT HOUSES OVER 250 BEDS, MOST OF WHICH ARE IN SMALL, OUTDATED, SEMI-PRIVATE ROOMS. THE PHYSICAL STRUCTURE CAN NO LONGER ACCOMMODATE THE EQUIPMENT AND TECHNOLOGY NEEDED TO DELIVER CARE, THUS OUR PLANS TO RENEW OUR CAMPUS ARE BASED IN OUR MISSION TO PROVIDE THE BEST QUALITY CARE TO THE RESIDENTS OF OUR COMMUNITY. WHEN WE BUILT THE LUCKOW PAVILION IN PARAMUS, WE DID RESEARCH THAT INDICATED THE BEST WAY TO DELIVER CARE TO CANCER PATIENTS WAS TO LOCATE ALL SERVICES INTO ONE BUILDING. THIS NOT ONLY PROVIDES A SERVICE TO THE PATIENT, IT IS GOOD MEDICINE AS THE MEDICAL ONCOLOGISTS, SURGICAL ONCOLOGISTS AND RADIATION ONCOLOGISTS CAN CONSULT EACH OTHER TO ENSURE THAT THE PATIENT IS RECEIVING THE MOST APPROPRIATE TREATMENT. WE BUILT THE AMBULATORY SURGERY CENTER TO ADAPT TO THE CHANGING PRACTICE OF PERFORMING SURGERY ON A SAME DAY BASIS. SCHEDULE H, PART VI, LINE 7 THE HOSPITAL FILES A COMMUNITY BENEFIT REPORT WITH NEW JERSEY. X 1 0 0 1 0 0 0 0 0 1 0 AUDREY MEYERS PRESIDENT/CEO, VHS 0 1066752 0 551670 0 92069 0 20825 0 22512 0 1753828 0 0 RICHARD KENNAN SR VP FINANCE & CFO 0 751754 0 345772 0 256519 0 21000 0 24075 0 1399120 0 84 PETER W DIESTEL PRESIDENT, VHS OPERATIONS 0 615617 0 291407 0 124956 0 18200 0 26014 0 1076194 0 79020 ROBIN G HOLLANDER SR VP, LEGAL SERVICES 0 520554 0 263003 0 46018 0 18200 0 25275 0 873050 0 0 JOSEPH YALLOWITZ VP & CHIEF MEDICAL OFFICER 423777 0 149732 0 96152 0 14000 0 30451 0 714112 0 0 0 ANN MARIE LEICHMAN SR VP/CNO PATIENT CARE SERV 380879 0 148332 0 113727 0 15400 0 21462 0 679800 0 25581 0 GAIL CALLANDRILLO VP, PLANNING/ GOVT RELATIO 0 321886 0 105530 0 197324 0 21000 0 22917 0 668657 0 46168 ERIC CAREY VP/CIO, INFORMATION SYSTEM 0 364524 0 118326 0 85185 0 24823 0 28166 0 621024 0 0 JOSE BALDERRAMA VP, HUMAN RESOURCES 0 345407 0 113954 0 67487 0 14000 0 16730 0 557578 0 0 DAVID J BOHAN VP & CHIEF DEVELOPMENT OFFICER 327740 0 113035 0 67467 0 14000 0 21004 0 543246 0 0 0 WILLIAM KLUTKOWSKI VP & CHIEF FINANCIAL OFFICER 10486 281748 0 106800 900 88510 404 18200 1185 29271 12975 524529 0 0 JULIA KARCHER VP, ADMINISTRATION 289913 0 94200 0 76583 0 18200 0 2626 0 481522 0 0 0 KARTEEK BHAVSAR VP, ADMINISTRATION 287531 0 103327 0 59627 0 18200 0 2700 0 471385 0 0 0 MEGAN FRASER VP, COMMUNICATIONS 0 265268 0 86856 0 79235 0 18491 0 12565 0 462415 0 0 JULIE W LO CHIEF PHYSICIST 277887 0 1370 0 968 0 15587 0 28548 0 324360 0 0 0 BETTYANN KEMPIN ASST VP, ONCOLOGY 231673 0 37503 0 1885 0 20762 0 21693 0 313516 0 0 0 BRAD HASPEL ASST VP,ANCILLARY SERVICES 240440 0 40628 0 3438 0 13580 0 9981 0 308067 0 0 0 STACY MACK ASST VP, HEART & VASCULAR 229006 0 36804 0 1173 0 13526 0 26531 0 307040 0 0 0 ARLENE PAQUET ASST VP, QUALITY & PATIENT SAFETY 211712 0 43542 0 9001 0 19238 0 9211 0 292704 0 0 0 MARIA MEDIAGO VP, FACILITIES MGMT. THRU 3/31/19 0 56727 0 107941 0 31823 0 4747 0 787 0 202025 0 31293 PART I, LINE 3 AUDREY MEYERS, PRESIDENT, IS COMPENSATED BY THE VALLEY HEALTH SYSTEM INC ("SYSTEM"). VALLEY HOSPITAL AND THE SYSTEM SETS UP THE FOLLOWING PROCEDURES TO ESTABLISH COMPENSATION FOR OF THE PRESIDENT. THE HOSPITAL AND SYSTEM HAS ESTABLISHED A POLICY FOR COMPENSATION OF ITS OFFICERS, TOP MANAGEMENT AND KEY EMPLOYEES. THE POLICY MANDATES THAT COMPENSATION FOR ITS OFFICERS, TOP MANAGEMENT AND KEY EMPLOYEES BE PERIODICALLY REVIEWED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES FREE OF ANY MEMBERS WITH CONFLICTS OF INTEREST RELATED THERETO. THE COMMITTEE DETERMINES THAT THE EXECUTIVES ARE BEING PAID AN APPROPRIATE LEVEL OF COMPENSATION BY USING COMPARATIVE DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. COMPENSATION DECISION ON THE AMOUNT OF COMPENSATION PAID AND TERM IS ADEQUATELY DOCUMENTED IN A CONTEMPORANEOUSLY WRITTEN FORMAT. THIS PROCESS WAS LAST UNDERTAKEN IN 2017. PART I, LINE 4B THE FOLLOWING INDIVIDUALS PARTICIPATED IN A CAP-EX (SPLIT-DOLLAR LIFE INSURANCE PLAN). THEY DID NOT RECEIVE A PAYMENT DURING 2019: - AUDREY MEYERS - ROBIN GOLDFISCHER-HOLLANDER - PETER DIESTEL SEE SCHEDULE L, PART V, FOR A BROADER DESCRIPTION OF THE ARRANGEMENT. FORM 990, SCHEDULE J, PART I, LINE 7 THE FOLLOWING EMPLOYEES RECEIVED A BOARD DISCRETIONARY BONUS IN THEIR 2019 W-2 FROM THE ORGANIZATION: 1. DAVID J BOHAN, $113,035 2. JULIA KARCHER, $94,200 3. ANN MARIE LEICHMAN, $148,332 4. JOSEPH YALLOWITZ, $149,732 5. KARTEEK BHAVSAR, $103,327 6. STACY MACK, $36,804 7. BETTYANN KEMPIN, $37,503 8. JULIE W LO, $1,370 9. BRAD HASPEL, $40,628 10. ARLENE PAQUET, $43,542 A NEW JERSEY HEALTH CARE FACILITIES FINANCING AUTHORITY 221987084 645790NB8 2019-12-11 402437137 CONSTRUCTION OF NEW HOSPITAL 0 0 0 A 402437137 2437137 0 0 0 0 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 1 0 0 0 0 1 A 1 AUDREY MEYERS PRESIDENT/CEO, VHS SEE PART V X 9071138 10584897 0 1 1 ROBIN GOLDFISCHER-HOLLANDER SENIOR VP, LEGAL SERVICES SEE PART V X 3392128 3958195 0 1 1 PETER DIESTEL PRESIDENT, VHS OPERATIONS SEE PART V X 5796536 6763842 0 1 1 21306934 SCHEDULE L, PART II, COLUMN (C) THE HOSPITAL PROVIDES SUPPLEMENTAL RETIREMENT BENEFITS THROUGH AN ALTERNATIVE FUNDING ARRANGEMENT THE IRS CALLS "COLLATERAL ASSIGNMENT SPLIT DOLLAR" (CASD). ALTHOUGH THE IRS REQUIRES REPORTING IN THE LOAN SECTION OF SCHEDULE L, CASD IS NOT A LOAN BECAUSE NO FUNDS ARE TRANSFERRED TO THE EXECUTIVE. RATHER, THE "LOAN" TREATMENT APPLIES BECAUSE AFTER THE EXECUTIVE HAS RECEIVED RETIREMENT BENEFITS, THE HOSPITAL RECOVERS ALL OF ITS OUTLAYS PLUS INTEREST.THE RECOVERY RIGHT IS A KEY ADVANTAGE OF CASD FOR THE HOSPITAL. RATHER THAN PAYING RETIREMENT BENEFITS TO THE EXECUTIVE THAT WOULD NEVER BE RECOVERED, UNDER CASD THE HOSPITAL RECOVERS NOT ONLY ITS OUTLAYS BUT ALSO CONSIDERATION FOR THE TIME VALUE OF MONEY.CASD WORKS AS FOLLOWS. THE HOSPITAL DEPOSITS FUNDS INTO CASH VALUE LIFE INSURANCE POLICIES ON THE EXECUTIVE'S LIFE. DURING LIFE, TO THE EXTENT THE EXECUTIVE FULFILLS SERVICE AND VESTING REQUIREMENTS, THE EXECUTIVE CAN BORROW AGAINST THE CASH SURRENDER VALUE TO SUPPLEMENT RETIREMENT INCOME. POLICY PERFORMANCE IS CLOSELY MONITORED. IF POLICY PERFORMANCE LAGS, THE EXECUTIVE'S BORROWING RIGHTS ARE REDUCED TO PROTECT THE HOSPITAL'S RECOVERY RIGHTS.AT THE EXECUTIVE'S DEATH, THE POLICY DEATH PROCEEDS ARE FIRST USED TO REPAY THE HOSPITAL ITS DEPOSITS PLUS COMPOUNDED INTEREST (AT THE IRS LONG-TERM APPLICABLE FEDERAL RATE). THE EXECUTIVE'S BENEFICIARY THEN RECEIVES ANY PROJECTED RETIREMENT BORROWING THE EXECUTIVE DID NOT ACCESS DURING LIFE. IF DEATH HAD OCCURRED DURING THE REPORTING YEAR, ANY REMAINING DEATH PROCEEDS WOULD HAVE BEEN PAID TO THE HOSPITAL. FORM 990, BOX B, AMENDED RETURN THE ORGANIZATION MADE THE FOLLOWING AMENDMENTS TO THIS RETURN: 1. PART IV, LINE 26, CHECKED YES DUE TO CAP-EX (SPLIT DOLLAR LIFE INSURANCE ARRANGEMENT) 2. PART X, LINE 5, 15, DUE TO RECLASS OF CAP-EX (SPLIT DOLLAR LIFE INSURANCE ARRANGEMENT) 3. SCHEDULE J, PART III, INCLUDED CAP-EX (SPLIT DOLLAR LIFE INSURANCE ARRANGEMENT) NARRATIVE 4. SCHEDULE L, PART II, INCLUDED CAP-EX (SPLIT DOLLAR LIFE INSURANCE ARRANGEMENT) 5. SCHEDULE L, PART V, INCLUDED CAP-EX (SPLIT DOLLAR LIFE INSURANCE ARRANGEMENT) NARRATIVE FORM 990, PART VI, SECTION A, LINE 4 ON 5/21/19 THE VALLEY HOSPITAL, INC. UPDATED AND ADOPTED NEW BYLAWS AND LEGAL DOCUMENTS TO IMPLEMENT FORMALLY THE BOARD'S INTEGRATION INTO A PARALLEL BOARD OF THE VALLEY HEALTH SYSTEM ("VHS") BOARD. THIS CHANGE TOOK EFFECT ON JULY 1, 2019. FORM 990, PART VI, SECTION A, LINE 6 EFFECTIVE 5/22/2019, VALLEY HEALTH SYSTEM, INC. IS THE SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 7A VALLEY HEALTH SYSTEM, INC. AS THE SOLE MEMBER OF THE CORPORATION HAS THE POWER: 1. TO REMOVE ANY OF THE CORPORATION'S TRUSTEES, WITH OR WITHOUT CAUSE, AND TO APPROVE ANY RECOMMENDATION TO REMOVE A TRUSTEE BY THE BOARD; 2. TO APPROVE THE ELECTION, RE-ELECTION, APPOINTMENT, REAPPOINTMENT AND REMOVAL OF ANY OFFICERS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING RIGHTS AND POWERS ARE RESERVED TO THE SOLE MEMBER OF THE VALLEY HOSPITAL, INC. (THE "CORPORATION"): A) TO DETERMINE THE NUMBER OF TRUSTEES ON THE BOARD; B) TO NOMINATE AND ELECT THE TRUSTEES OF THE CORPORATION; C) TO REMOVE ANY OF THE CORPORATION'S TRUSTEES, WITH OR WITHOUT CAUSE, AND TO APPROVE ANY RECOMMENDATION TO REMOVE A TRUSTEE BY THE BOARD; D) TO APPROVE THE ELECTION, RE-ELECTION, APPOINTMENT, REAPPOINTMENT AND REMOVAL OF ANY OFFICERS OF THE CORPORATION; E) TO AMEND, REVISE OR RESTATE THE CORPORATION'S CERTIFICATE OF INCORPORATION AND BYLAWS, AND TO APPROVE ALL AMENDMENTS OR REVISIONS TO THE CORPORATION'S CERTIFICATE OF INCORPORATION AND BYLAWS THAT MAY BE PROPOSED OR APPROVED BY THE BOARD BEFORE THEY BECOME EFFECTIVE; F) TO ADOPT OR CHANGE THE MISSION, PURPOSE, PHILOSOPHY OR OBJECTIVES OF THE CORPORATION; G) TO CHANGE THE LEGAL STRUCTURE OF THE CORPORATION; H) TO COMMIT TO ADD OR THE ADDITION OF ANOTHER HOSPITAL OR HEALTH SYSTEM TO THE CORPORATION; I) TO DISSOLVE, DIVIDE, CONVERT OR LIQUIDATE THE CORPORATION, TO CONSOLIDATE OR MERGE THE CORPORATION WITH ANOTHER CORPORATION OR ENTITY, TO SELL ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION, TO CAUSE THE CORPORATION TO ACQUIRE SUBSTANTIALLY ALL OF THE ASSETS OF ANOTHER CORPORATION OR ENTITY, AND TO APPROVE ANY OF THE FOREGOING ACTIONS THAT ARE RECOMMENDED BY THE BOARD BEFORE SUCH ACTION BECOMES EFFECTIVE; J) TO APPROVE THE ANNUAL CAPITAL AND OPERATING BUDGETS OF THE CORPORATION AND ANY AMENDMENTS THERETO; K) TO INITIATE AND TO APPROVE THE INCURRENCE OF DEBT BY THE CORPORATION OR TO IMPLEMENT ANY FINANCING STRATEGY, INCLUDING WITHOUT LIMITATION IN CONNECTION WITH ANY DEBT ISSUANCE, CAPITAL OR OPERATING LEASING TRANSACTIONS, AND TAXABLE AND NONTAXABLE FINANCINGS; L) TO APPROVE THE INCURRENCE OF DEBT BY THE CORPORATION IN EXCESS OF THOSE THRESHOLDS ESTABLISHED BY THE BOARD, IF SUCH INCURRENCE OF DEBT IS NOT INCLUDED IN THE CORPORATION'S APPROVED BUDGETS, WHETHER IN A SINGLE TRANSACTION OR A SERIES OF RELATED TRANSACTIONS; M) TO CAUSE OR DIRECT THE CORPORATION TO PAY, LOAN OR OTHERWISE TRANSFER SUCH FUNDS AS ARE NECESSARY TO PAY ANY OUTSTANDING INDEBTEDNESS OBLIGATIONS, INCLUDING BUT NOT LIMITED TO BORROWINGS, GUATANTIES, NON-RECOURSE INDEBTEDNESS, LEASES, AND DERIVATIVE INSTRUMENTS, CREATED OR APPROVED BY THE CORPORATION; N) TO EXERCISE SUCH OVERSIGHT, INCLUDING INITIATING ACTION OR APPROVING ACTION BY THE CORPORATION, OVER THE MANAGEMENT POLICIES, DISPOSITION OR ENCUMBRANCE OF ASSETS, INCLUDING REAL OR PERSONAL PROPERTY OF THE CORPORATION TO CAUSE OR ENSURE COMPLIANCE WITH TERMS AND CONDITIONS OF INDEBTEDNESS OBLIGATIONS AND FINANCIAL RELATIONSHIPS RELATED IN ANY MANNER TO SUCH INDEBTEDNESS; O) TO APPROVE THE CAPITAL EXPENDITURES BY THE CORPORATION IN EXCESS OF THOSE THRESHOLDS ESTABLISHED BY THE BOARD, IF SUCH CAPITAL EXPENDITURES ARE NOT INCLUDED IN THE CORPORATION'S APPROVED BUDGETS, WHETHER IN A SINGLE TRANSACTION OR A SERIES OF RELATED TRANSACTIONS; P) TO APPROVE ANY DONATION OR ANY OTHER TRANSFER OF THE CORPORATION'S ASSETS, OTHER THAN TO AN AFFILIATED ENTITY, IN EXCESS OF AN AMOUNT EQUAL TO OR GREATER THAN THE THRESHOLDS ESTABLISHED BY THE BOARD FOR SUCH CORPORATION, UNLESS SPECIFICALLY AUTHORIZED IN THE CORPORATION'S APPROVED BUDGETS; Q) TO SELECT AND APPOINT AUDITORS OF THE CORPORATION; R) TO INITIATE AND APPROVE STRATEGIC PLANS AND MISSION STATEMENTS OF THE CORPORATION; S) TO INITIATE AND APPROVE INVESTMENT POLICIES AND CAPITAL CAMPAIGNS OF THE CORPORATION; T) TO INITIATE AND APPROVE THE CLOSURE OR RELOCATION OF A LICENSED HEALTH CARE FACILITY OF THE CORPORATION; U) TO INITIATE AND APPROVE THE FORMATION OF SUBSIDIARIES OF THE CORPORATION; V) TO APPROVE THE CORPORATION'S ACQUISITION OF CONTROLLING INTERESTS IN ORGANIZATIONS OR BUSINESSES OUTSIDE OF THE CORPORATION'S APPROVED STRATEGIC PLAN; W) TO THE EXTENT NOT EXPRESSLY SET FORTH ABOVE, TO DIRECT OR REQUIRE THE CORPORATION TO TAKE ANY OTHER LAWFUL ACTS OR ACTIONS WITH RESPECT TO THE CORPORATION'S BUSINESS, AFFAIRS, MANAGEMENT, PROPERTIES OR ACTIVITIES THAT THE SOLE MEMBER MAY DIRECT. FORM 990, PART VI, SECTION B, LINE 11B WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, A PAPER COPY OR E-FILE COPY IS SUBMITTED TO MEMBERS OF THE BOARD AUDIT COMMITTEE FOR REVIEW AND COMMENTS. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. IN ADDITION, THE ORGANIZATION EMAILS TO ALL MEMBERS OF THE GOVERNING BODY A LINK TO A PASSWORD-PROTECTED WEBSITE ON WHICH THE ENTIRE FORM 990 IS AVAILABLE FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE VALLEY HOSPITAL, INC. HAS A CONFLICT OF INTEREST POLICY THAT APPLIES TO ALL OF THE MEMBERS OF MANAGEMENT AND BOARD MEMBERS. ANNUALLY, THE BOARD MANDATES THAT ALL MEMBERS OF MANAGEMENT AND BOARD MEMBERS SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IF A CONFLICT OF INTEREST EXISTS, THE HOSPITAL WILL NOTIFY MANAGEMENT AND OR BOARD MEMBERS AND INVESTIGATE THE POTENTIAL CONFLICT. THE INTERESTED PERSON MUST LEAVE THE BOARD OR COMMITTEE MEETING WHILE A DISCUSSION REGARDING THE POTENTIAL CONFLICT OF INTEREST IS DISCUSSED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS WILL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF IT IS DETERMINED THAT A CONFLICT EXISTS THE MEMBER OF MANAGEMENT OR THE BOARD WILL BE NOTIFIED IMMEDIATELY AND WILL NOT BE ALLOWED TO VOTE OR BE PART OF ANY DECISIONS ABOUT SUCH MATTERS. THIS PROCESS IS RECORDED IN THE MINUTES OF THE BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 THE HOSPITAL HAS ESTABLISHED A POLICY FOR COMPENSATION OF ITS OFFICERS, TOP MANAGEMENT AND KEY EMPLOYEES. THE POLICY MANDATES THAT COMPENSATION FOR ITS OFFICERS, TOP MANAGEMENT AND KEY EMPLOYEES, BE PERIODICALLY REVIEWED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES FREE OF ANY MEMBERS WITH CONFLICTS OF INTEREST RELATED THERETO. THE COMMITTEE DETERMINES THAT THE EXECUTIVES ARE BEING PAID AN APPROPRIATE LEVEL OF COMPENSATION BY USING COMPARATIVE DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. COMPENSATION DECISION ON THE AMOUNT OF COMPENSATION PAID AND TERM IS ADEQUATELY DOCUMENTED IN A CONTEMPORANEOUSLY WRITTEN FORMAT. THIS PROCESS WAS LAST UNDERTAKEN IN 2016. FORM 990, PART VI, SECTION C, LINE 19 THE HOSPITAL MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY POSTING OF THE RETURN ON GUIDESTAR.ORG AND SIMILAR TYPES OF WEBSITES. IN ADDITION FORM 990 AS WELL AS THE FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY AND OTHER RELEVENT DOCUMENTS ARE AVAILABLE UPON REQUEST AT 223 NORTH VAN DIEN AVENUE, RIDGEWOOD, NJ 07450. FORM 990, PART XI, LINE 9: NET ASSETS RELEASED FOR OPERTTING PURPOSES 73,049. CHANGE IN ASSETS HELD BY RELATED ORGANIZATION 8,664,074. NET TRANSFER FROM VALLEY HOSPITAL FOUNDATION 5,014,701. CHANGE IN ACCRUED PENSION LIABILITY TO BE RECOGNIZED IN FUTURE PERIODS -6,809,122. NET GAIN ON DISPOSITION OF ASSETS 67,553. CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING PRINCIPLE 14,490,930. FORM 990, PART XII, LINE 2C: THE PROCESS FOR SELECTING AN INDEPENDENT ACCOUNTANT AND ESTABLISHING A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM PRIOR YEARS. 620 WINTERS AVENUE LLC 223 NORTH VAN DIEN AVENUE RIDGEWOOD NJ 07450 462091667 REAL ESTATE HOLDINGS DE THE VALLEY HOSPITAL INC 1200 EAST RIDGEWOOD LLC 223 NORTH VAN DIEN AVENUE RIDGEWOOD NJ 07450 464115513 REAL ESTATE HOLDINGS DE 3736659 21966036 THE VALLEY HOSPITAL INC 555 MAPLE ACQUISITION LLC 223 NORTH VAN DIEN AVENUE RIDGEWOOD NJ 07450 453070365 REAL ESTATE HOLDINGS DE 8110000 THE VALLEY HOSPITAL INC 599 PARAMUS ACQUISITION LLC 223 NORTH VAN DIEN AVENUE RIDGEWOOD NJ 07450 460985392 REAL ESTATE HOLDINGS DE 11624539 THE VALLEY HOSPITAL INC VALLEY HEALTH SYSTEM INC 223 NORTH VAN DIEN AVENUE RIDGEWOOD NJ 07450 222922016 PROVIDES MANAGEMENT & PLANNING SERVICES FOR ITS MEMBERS NJ 501(C)(3) LINE 3 N/A 0 VALLEY PHYSICIAN SERVICES INC 15 ESSEX ROAD PARAMUS NJ 07652 320041186 PROVIDES MEDICAL CARE TO CARRYOUT THE PURPOSE OF THE VALLEY HEALTH SYSTEM NJ 501(C)(3) LINE 10 THE VALLEY HOSPITAL INC 1 VALLEY HOME CARE INC 15 ESSEX ROAD PARAMUS NJ 07652 223208480 PROVIDES REHABILITATION VISITS AND HOME HEALTH AIDS VISITS TO PATIENTS NJ 501(C)(3) LINE 10 VALLEY HEALTH SYSTEM INC 0 THE VALLEY HOSPITAL FOUNDATION INC 223 NORTH VAN DIEN AVENUE RIDGEWOOD NJ 07450 222324554 SOLICIT,RECEIVE AND APPLY CONTRIBUTIONS FOR THE BENEFIT OF THE HOSPITAL NJ 501(C)(3) LINE 7 VALLEY HEALTH SYSTEM INC 0 VALLEY PHYSICIAN SERVICE NY PC 15 ESSEX ROAD PARAMUS NJ 07652 453125678 OPERATES URGENT/PRIMARY CARE CLINICS NJ 501(C)(3) LINE 10 VALLEY PHYSICIAN SERVICES INC 0 VALLEY MEDICAL SERVICES PC 15 ESSEX ROAD PARAMUS NJ 07652 465297054 PROVIDE PRIMARY AND SPECIALTY MEDICAL CARE NJ 501(C)(3) LINE 10 VALLEY PHYSICIAN SERVICES INC 0 VALLEY PHYSICIANS SERVICES PC 15 ESSEX ROAD PARAMUS NJ 07652 465285330 PROVIDE PRIMARY AND SPECIALTY MEDICAL CARE NJ 501(C)(3) LINE 10 VALLEY PHYSICIAN SERVICES INC 0 VHS INSURANCE COMPANY LTD 010 MAIN STREET CAYMAN ISLANDS CJ 980408200 PROVIDES PROFESSIONAL, MEDICAL AND COMMERCIAL GENERAL LIABILITY INSURANCE CJ VALLEY HEALTH SYSTEM C 0 VALLEY HEALTH MEDICAL GROUP INC 15 ESSEX ROAD PARAMUS NJ 07652 223475235 OPERATES URGENT/PRIMARY CARE CLINICS NJ VALLEY HEALTH SYSTEM C 0 VALLEY HEALTH MEDICAL GROUP NJPC 15 ESSEX ROAD PARAMUS NJ 07652 223475166 OPERATES URGENT/PRIMARY CARE CLINICS NJ N/A C 0 0 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 1 1 VALLEY PHYSICIAN SERVICES INC R 63900000 COST VHS INSURANCE COMPANY LTD S 45038985 COST VALLEY HOME CARE INC S 30211141 COST THE VALLEY HOSPITAL FOUNDATION INC S 49926033 COST