2021-08-16T11:33:53-05:00 2020-09-30 930623286 ALDRICH CPAS AND ADVISORS LLP 5665 SW MEADOWS RD SUITE 200 LAKE OSWEGO OR 97035 990 2019-10-01 383849354 ASANTE PHYSICIAN PARTNERS ASAN 5417894549 2650 SISKIYOU BLVD MEDFORD OR 975048177 GREG WOJTAL ASANTE CFO 5417894549 2021-08-10 1 JOYLYN M ANKENEY CPA P00366587 5036204489 2021-08-05 2019 2022-09-23 18:48:47Z GREG WOJTAL 2650 SISKIYOU BLVD MEDFORD OR 975048177 68506445 0 X WWW.ASANTE.ORG/PHYSICIANPARTNERS X 2011 OR ASANTE PHYSICIAN PARTNERS EXISTS TO ENHANCE THE QUALITY AND COST-EFFECTIVE DELIVERY OF HEALTHCARE SERVICES IN THE COMMUNITY IT SERVES BY ACTING AS A VEHICLE TO PROMOTE THE CLINICAL INTEGRATION OF PHYSICIANS AND HOSPITAL SERVICES. 8 0 905 1 67710 -77213 37326 135348 69881812 68371097 0 0 0 0 69919138 68506445 0 0 0 0 83610672 80381962 0 0 0 22622045 22902634 106232717 103284596 -36313579 -34778151 29448583 27184469 139479017 172013278 -110030434 -144828809 X ASANTE PHYSICIAN PARTNERS IS A MULTI-SPECIALTY, PHYSICIAN-LED GROUP OF APPROXIMATELY 300 EMPLOYED PROVIDERS INCLUDING PHYSICIANS, NURSE PRACTITIONERS AND PHYSICIAN ASSISTANTS WHO PRACTICE IN ASANTE HOSPITALS, OUTPATIENT FACILITIES, URGENT CARE CENTERS AND COMMUNITY-BASED PRACTICES. ASANTE PHYSICIAN PARTNERS OPERATES 36 COMMUNITY-BASED CLINICS LOCATED THROUGHOUT JACKSON AND JOSEPHINE COUNTIES. PRIMARY CARE AND SPECIALTIES INCLUDE: BEHAVIORAL HEALTH, CARDIOVASCULAR AND THORACIC SURGERY, DIABETIC EDUCATION, EAR, NOSE AND THROAT, ENDOCRINOLOGY, FAMILY MEDICINE, GENERAL AND COLORECTAL SURGERY, INFECTIOUS DISEASE, INTENSIVISTS AND CRITICAL CARE, INTERNAL MEDICINE, MATERNAL FETAL MEDICINE, NEUROLOGY, OBSTETRICS/GYNECOLOGY, ORTHOPEDIC AND SPORT MEDICINE, PEDIATRICS, PE 0 0 27528481 18240332 ALL PRIMARY CARE ASANTE PHYSICIAN PARTNERS CLINICS ARE CERTIFIED BY THE OREGON HEALTH AUTHORITY AS PATIENT-CENTERED PRIMARY CARE MEDICAL HOMES, MEETING THE REQUIRED STANDARDS OF HEALTH CARE COORDINATION THAT IMPROVE PATIENT OUTCOMES. HIGH-NEEDS PATIENTS SUCH AS THOSE WITH CHRONIC OR COMPLEX CONDITIONS ARE SUPPORTED BY INTERDISCIPLINARY TEAMS INCLUDING PHYSICIANS, NON-PHYSICIAN PROVIDERS, NURSES, MEDICAL ASSISTANTS, PHARMACISTS, BEHAVIORAL HEALTH CONSULTANTS, AS WELL AS OTHER HEALTH CARE PROFESSIONALS.IN ADDITION TO THE OHA CERTIFICATIONS EIGHT OF OUR PRIMARY CARE CLINICS PARTICIPATE IN MEDICARE'S COMPREHENSIVE PRIMARY CARE PLUS (CPC+) PROGRAM. THE CPC+ MODEL SEEKS TO IMPROVE QUALITY AND ACCESS AND TO REDUCE HEALTHCARE EXPENSES THROUGH IMPROVING THE EFFICIENCY OF PRIMARY CARE. OUR PARTICIPATING PRACTICES CONTINUE TO MAKE STRIDES IN IMPROVING THE CARE THEY PROVIDE OUR COMMUNITY THROUGH FOCUS ON RISK STRATIFICATION, CARE MANAGEMENT, COMPREHENSIVE CARE COORDINATION BEYOND EPISODES OF CARE, PATIENT AND FAMILY ENGAGEMENT, AND TIMELY PATIENT FOLLOW UP AFTER EMERGENCY ROOM VISITS AND HOSPITALIZATIONS.THEIR LARGEST PROGRAM SERVICE ACCOMPLISHMENT TO TAKE PLACE DURING THE FISCAL YEAR ENDING SEPT 30, 2020 WAS TO SEE IN CLINIC 12,802 MEDICARE, 6,913 MEDICAID AND 1,349 UNINSURED PATIENTS. THESE PATIENTS MAY EXPERIENCE DIFFICULTY IN ACCESSING CARE IN OTHER PARTS OF THE COMMUNITY. ASANTE PHYSICIAN PARTNERS STANDS READY TO PROVIDE CARE FOR ALL THOSE IN NEED. THIS ACCESS IS OF PARTICULAR BENEFIT TO THE UNDERSERVED IN THE COMMUNITY. 41053953 27256376 MOST PHYSICIAN PRACTICES AND IN PARTICULAR SPECIALTY PRACTICES, ARE LOCATED WITHIN THE MORE HEAVILY POPULATED CITIES (MEDFORD, GRANTS PASS, ASHLAND AND JACKSONVILLE) IN THE PRIMARY SERVICE AREA. ASANTE EVALUATES AND PURSUES STRATEGIC ALLIANCES WITH PHYSICIANS AND OTHER PROVIDERS TO IMPROVE AVAILABILITY AND ACCESSIBILITY OF HEALTH CARE SERVICES IN OUR MARKET, LOWER COSTS AND ENHANCE THE QUALITY AND CONTINUITY OF HEALTH CARE SERVICES PROVIDED TO PATIENTS. THESE ALLIANCES CAN INCLUDE JOINT VENTURES, PARTNERSHIPS, SERVICE LINE AGREEMENTS, PHYSICIAN SERVICE AGREEMENTS, PARTICIPATION IN ASANTE HEALTH NETWORK OR OTHER RELATIONSHIPS. DURING FISCAL YEAR 2020, ASANTE PHYSICIAN PARTNERS RECRUITED 52 PROVIDERS FROM OUT OF THE AREA. 16292285 22806679 URGENT CARE CLINICS HAVE BEEN OPENED IN GRANTS PASS, MEDFORD AND WHITE CITY SINCE 2014 TO PROVIDE CONVENIENT AND AFFORDABLE ACCESS FOR QUICK DIAGNOSIS AND TREATMENT OF PATIENTS WITH NON-LIFE-THREATENING SYMPTOMS. TO MEET THE GROWING DEMAND FOR THIS TYPE OF CARE, ASANTE EXPECTS TO ADD ONE ADDITIONAL URGENT CARE CENTER DURING CALENDAR YEAR 2021. TO FURHTER INCREASE ACCESS TO HEALTH CARE PROVIDERS, ASANTE BAGEN OFFERING URGENT CARE VIDEO VISITS IN 2019, SO PATIENTS CAN BE SEEN BY ASANTE PHYSICIAN PARTNERS PROVIDERS FROM THE COMFORT OF THEIR HOMES, ANYWHERE IN OREGON. ASANTE CONTINUES TO EXPAND TELEMEDICINE CAPABILITIES IN URGENT CARE CENTERS AND OTHER CLINICS, WHICH PROVIDES CONVENIENCES AND SAFETY FOR PATIENTS AND PROVIDERS DURING THE COVID-19 OUTBREAK. 84874719 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 905 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 8 0 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 OR X X GREG WOJTAL CFO 5417894549 2650 SISKIYOU BLVD MEDFORD OR 97504 CHARLES CARMECI MD MEDICAL DOCTOR 40.00 X 1879845 0 46505 NICHOLAS ENGSTROM MD MEDICAL DOCTOR 40.00 X 1894495 0 46855 SCOTT KELLY TRUSTEE/ASANTE CEO 1.00 40.00 X 0 1050970 31490 MATTHEW NUGENT MD MEDICAL DOCTOR 40.00 X 950829 0 40348 RICHARD NELSON MD MEDICAL DOCTOR 40.00 X 770533 0 46729 SCOTT HOPKINS MD MEDICAL DOCTOR 40.00 X 767900 0 42057 MEGAN FROST MD MEDICAL DOCTOR 40.00 X 754016 0 26564 GREG WOJTAL TRUSTEE/ASANTE CAFO 1.00 40.00 X 0 672927 37948 JAMIE GREBOSKY MD SVP & CHF MED & QLTY OFFICER 1.00 40.00 X X 0 597076 45164 LEE MILLIGAN MD TRUSTEE 1.00 40.00 X X 0 561920 42385 DOUG DIEHL CHIEF MEDICAL OFFICER 40.00 X X 448026 0 31983 CHRIS MORGAN MD CHAIRMAN 40.00 X X 386686 0 40507 ADRIANE SUE MD TRUSTEE 40.00 X 371294 0 31145 SUE HAGAR MD MEDICAL DOCTOR 40.00 X 351379 0 45766 HILLARY SEGER MD TRUSTEE 40.00 X 341486 0 49255 GEOFFREY SWANSON MD VP POP HEALTH - TERM JUNE 2020 40.00 X 293570 0 32242 JAMES BERRY CHIEF OPERATING OFFICER - TERM FEB 2020 40.00 X X 281702 0 10625 SHERI CLARK MD MEDICAL DOCTOR - TERM MAR 2020 40.00 X 182158 0 21895 ANNE GOLDEN TRUSTEE 2.00 X 0 0 0 9673919 2882893 669463 228 0 1 0 MEDICAL MESSENGER LLLC 2428 W MAIN ST MEDFORD OR 97501 MESSAGING SERVICE 158367 HSG LLC 9850 VON ALLMEN CT STE 201 LOUISVILLE KY 40241 COMPENSATION PLAN DEVELOPMENT 144813 PROFESSIONAL RESEARCH CONSULTA 11326 P STREET OMAHA NE 68137 PATIENT & EMPLOYEE SURVEYS 138472 MEDFORD RADIOLOGY GROUP PC 842 E MAIN ST MEDFORD OR 97504 PHYSICIAN SERVICES 127047 OHSU 3181 SW SAM JACKSON PARK ROAD PORTLAND OR 97239 PHYSICIAN SERVICES 122859 5 135348 135348 PHYSICIAN SERVICES REVENUE 621110 61290502 61222792 67710 INCENTIVE PAYMENTS 900099 7080595 7080595 68371097 68506445 68303387 67710 0 2154324 1519887 634437 62288886 60477217 1811669 3215594 2790273 425321 9000601 6324213 2676388 3722557 3461468 261089 210765 155732 55033 339438 319100 20338 484131 466542 17589 77372 53340 24032 1064802 1064802 7080329 471934 6608395 2322895 2322895 1365827 1365827 PATIENT SUPPLIES 3885884 3812513 73371 BAD DEBT 2426712 2426712 PURCHASED SERVICES 1175410 871092 304318 2469069 358869 2110200 103284596 84874719 18409877 0 8820 9020 4619655 4160672 18989 11667 197707 101632 35413529 12560821 24375826 22852708 227586 48770 29448583 27184469 47208 98087 139431809 171915191 139479017 172013278 X -110030434 -144828809 -110030434 -144828809 29448583 27184469 X -34778151 -20224 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25026348 5551336 19475012 10387181 7009485 3377696 22852708 BONUS/INCENTIVE PAYABLE 7822461 PAYROLL/BENEFITS PAYABLE 1260613 INTERCOMPANY PAYABLE 162832117 171915191 X PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY ASANTE AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF ASANTE HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED TAX POSITIONS TAKEN BY ASANTE AND HAS CONCLUDED THAT AS OF SEPTEMBER 30, 2020, THERE ARE NO UNCERTAIN POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR AN ASSET) OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. X X 0 1 0 0 0 0 0 1 0 CHARLES CARMECI MD MEDICAL DOCTOR 1461385 0 418460 0 0 0 16800 0 29705 0 1926350 0 0 0 NICHOLAS ENGSTROM MD MEDICAL DOCTOR 1461035 0 433460 0 0 0 16800 0 30055 0 1941350 0 0 0 SCOTT KELLY TRUSTEE/ASANTE CEO 0 848206 0 202033 0 731 0 16800 0 14690 0 1082460 0 0 MATTHEW NUGENT MD MEDICAL DOCTOR 696842 0 253987 0 0 0 16800 0 23548 0 991177 0 0 0 RICHARD NELSON MD MEDICAL DOCTOR 646285 0 124248 0 0 0 16800 0 29929 0 817262 0 0 0 SCOTT HOPKINS MD MEDICAL DOCTOR 533092 0 234808 0 0 0 16800 0 25257 0 809957 0 0 0 MEGAN FROST MD MEDICAL DOCTOR 559940 0 194076 0 0 0 8400 0 18164 0 780580 0 0 0 GREG WOJTAL TRUSTEE/ASANTE CAFO 0 517632 0 113603 0 41692 0 16800 0 21148 0 710875 0 0 JAMIE GREBOSKY MD SVP & CHF MED & QLTY OFFICER 0 471328 0 106748 0 19000 0 16800 0 28364 0 642240 0 0 LEE MILLIGAN MD TRUSTEE 0 451660 0 91260 0 19000 0 16800 0 25585 0 604305 0 0 DOUG DIEHL CHIEF MEDICAL OFFICER 334365 0 82195 0 31466 0 8400 0 23583 0 480009 0 0 0 CHRIS MORGAN MD CHAIRMAN 386686 0 0 0 0 0 16800 0 23707 0 427193 0 0 0 ADRIANE SUE MD TRUSTEE 316294 0 55000 0 0 0 16800 0 14345 0 402439 0 0 0 SUE HAGAR MD MEDICAL DOCTOR 296379 0 55000 0 0 0 16800 0 28966 0 397145 0 0 0 HILLARY SEGER MD TRUSTEE 341486 0 0 0 0 0 16800 0 32455 0 390741 0 0 0 GEOFFREY SWANSON MD VP POP HEALTH - TERM JUNE 2020 197868 0 86082 0 9620 0 16800 0 15442 0 325812 0 0 0 JAMES BERRY CHIEF OPERATING OFFICER - TERM FEB 2 42933 0 33760 0 205009 0 4690 0 5935 0 292327 0 0 0 SHERI CLARK MD MEDICAL DOCTOR - TERM MAR 2020 161992 0 20166 0 0 0 9912 0 11983 0 204053 0 0 0 PART I, LINE 3 THE SALARY RANGE OF THE EXECUTIVE DIRECTOR IS SET BY THE ASANTE COMPENSATION COMMITTEE AND IS APPROVED BY THE ASANTE BOARD OF DIRECTORS ON AN ANNUAL BASIS. THE ACTUAL SALARY IS SET BY THE ASANTE CEO. PART I, LINE 4B ASANTE, THE PARENT CORPORATION OF ASANTE PHYSICIAN PARTNERS, HAS AN EXECUTIVE RESTORATION PLAN WHICH INCLUDES ASANTE VP & CIO LEE MILLIGAN, MD, ARRMC CEO SCOTT KELLY, AND DOUG DIEHL, MD. THIS PLAN STATES FIXED PAYMENTS WILL BE RECEIVED AT PRE-DETERMINED INTERVALS FROM ASANTE IF STILL EMPLOYED BY ASANTE IN THEIR CURRENT ROLL AT THE TIME OF VESTING. IF EMPLOYMENT TERMINATES BY ASANTE FOR ANY REASON PRIOR TO VESTING, THEY WILL NOT HAVE CLAIM TO THE FUNDS. SELECT EXECUTIVES OF ASANTE, THE PARENT CORPORATION, AGREED TO PARTICIPATE IN CAP-EX IN PLACE OF A TRADITIONAL SERP. SEE SCHEDULE L, PART V, FOR A BROADER DESCRIPTION. PART I, LINE 7 THE FIVE HIGHEST PAID NON-EXECUTIVE EMPLOYEES, MOSTLY CARDIAC SURGEONS, ARE PAID A BASE SALARY AND THEN RECEIVE PRODUCTIVITY COMPENSATION BASED ON WORK RELATIVE VALUE UNITS (WRVU'S). EACH WRVU IS $76.92. TOTAL COMPENSATION IS DETERMINED BY MULTIPLYING THE RVU'S BY $76.92. COMPENSATION FROM UNRELATED ORGANIZATION SCHEDULE J, PART II SHOWS THE COMPENSATION OF THE OFFICERS, DIRECTORS AND KEY EMPLOYEES OF ASANTE. COLUMNS BI, BII AND BIII DISPLAYS THE AMOUNTS ACTUALLY PAID TO THESE PEOPLE AS WHAT SHOWS UP ON THEIR FORM W-2 ON DECEMBER 31,2019. COLUMNS C AND D INCLUDE AMOUNTS ACCRUED, BUT UNPAID DURING THE FISCAL YEAR, WITH COLUMN E BEING TOTAL COMPENSATION REPORTED FOR FORM 990 PURPOSES. COLUMN F INCLUDES AMOUNTS THAT HAD BEEN REPORTED AS ACCRUED BUT UNPAID COMPENSATION ON PRIOR YEAR FORM 990 TAX RETURNS, BUT PAID-OUT DURING THE CURRENT YEAR. ROY VINYARD ASANTE CEO SEE PART V X 3000000 5020662 0 1 1 5020662 SCHEDULE L PART II A RELATED ORGANIZATION, ASANTE, 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 AN ACTUAL LOAN--NO FUNDS ARE TRANSFERRED TO THE EXECUTIVE. RATHER, THE "LOAN" TREATMENT APPLIES BECAUSE AFTER THE EXECUTIVE HAS RECEIVED RETIREMENT BENEFITS, ASANTE RECOVERS ALL OF ITS OUTLAYS PLUS INTEREST.THE RECOVERY RIGHT IS A KEY ADVANTAGE OF CASD FOR ASANTE. RATHER THAN PAYING RETIREMENT BENEFITS TO THE EXECUTIVE THAT WOULD NEVER BE RECOVERED, UNDER CASD ASANTE RECOVERS NOT ONLY ITS OUTLAYS, BUT ALSO CONSIDERATION FOR THE TIME VALUE OF MONEY.CASD WORKS AS FOLLOWS. ASANTE DEPOSITS FUNDS INTO A CASH VALUE LIFE INSURANCE POLICY ON THE EXECUTIVE'S LIFE. DURING LIFE, TO THE EXTENT THE EXECUTIVE FULFILLS SERVICE AND VESTING REQUIREMENTS, THE EXECUTIVE CAN BORROW AGAINST VALUES IN THE POLICY TO SUPPLEMENT RETIREMENT INCOME. POLICY PERFORMANCE IS CLOSELY MONITORED. IF POLICY PERFORMANCE LAGS, THE EXECUTIVE'S BORROWING RIGHTS ARE REDUCED TO PROTECT THE EO'S RECOVERY RIGHTS.AT THE EXECUTIVE'S DEATH, THE POLICY DEATH PROCEEDS ARE FIRST USED TO REPAY THE EO 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. ANY REMAINING DEATH PROCEEDS ARE AVAILABLE TO BE PAID TO THE EXECUTIVE'S BENEFICIARY. FORM 990, PART I, LINE 1 IN THE VERY NEAR FUTURE, ONLY PHYSICIANS AND HOSPITALS THAT PROACTIVELY FIND COMPREHENSIVE SOLUTIONS TO BETTER PATIENT CARE WILL SUCCEED. ASANTE PHYSICIAN PARTNERS IS ON THE FOREFRONT OF THIS PARADIGM SHIFT, FOSTERING A STRATEGIC ALIGNMENT AMONG PHYSICIANS, OTHER HEALTHCARE PROVIDERS, HOSPITALS, AND INFORMATION TECHNOLOGY. WE BELIEVE THAT THE BEST RESPONSE TO THE CHALLENGES OF HEALTHCARE REFORM IS TO TAKE ACTION NOW INSTEAD OF TRYING TO CATCH UP LATER. THE COST OF HEALTHCARE IN THE UNITED STATES HAS REACHED UNSUSTAINABLE LEVELS. MANY HOSPITALS ACROSS THE COUNTRY HAVE HAD TO CLOSE THEIR DOORS. THIS IS ESPECIALLY PROBLEMATIC IN RURAL AND SMALL URBAN AREAS. WHEN HOSPITALS IN THESE AREAS SHUT DOWN, THE DOCTORS LEAVE, AND MEMBERS OF THE COMMUNITY HAVE TO TRAVEL HUNDREDS OF MILES IN SOME CASES TO OBTAIN MEDICAL CARE. MANY OF THESE HOSPITALS FAIL BECAUSE OF A LACK OF DOCTORS IN THEIR RESPECTIVE COMMUNITIES. ONE OF THE MAIN GOALS OF ASANTE PHYSICIAN PARTNERS IS TO RECRUIT A BROAD ARRAY OF DOCTORS TO RELOCATE TO OUR COMMUNITY, AS WELL AS RETAIN THE DOCTORS WHO ALREADY RESIDE HERE. WE WISH TO HAVE AVAILABLE TO THE CITIZENS OF OUR COMMUNITY A LARGE BASE OF PRIMARY CARE PHYSICIANS, AS WELL AS NUMEROUS PHYSICIAN SPECIALISTS INCLUDING CARDIOLOGISTS, SURGEONS, ONCOLOGISTS, AND MUCH MORE. THE FOCUS OF ASANTE PHYSICIAN PARTNERS IS NOT MERELY TO EMPLOY THESE DOCTORS, BUT TO ALSO ENCOURAGE THEM TO ESTABLISH THEIR MEDICAL PRACTICE IN THE COMMUNITY AND MAKE THE ROGUE VALLEY OF SOUTHERN OREGON THEIR HOME. AS A RESULT, THE CITIZENS OF SOUTHERN OREGON DO NOT NEED TO TRAVEL ALL THE WAY TO A MAJOR CITY TO OBTAIN SPECIALIZED MEDICAL CARE. MOST ALL THEIR MEDICAL NEEDS CAN BE TAKEN CARE OF RIGHT HERE IN THE ROGUE VALLEY. WE WANT DOCTORS WHO EXCEL AT THEIR PROFESSION, CARE ABOUT THE PATIENT AS A WHOLE, AND WANT TO COLLABORATE WITHIN A COMMUNITY OF LIKE-MINDED DOCTORS. THE DOCTORS WE EMPLOY ALSO TREAT ALL COMERS. THAT MEANS WE WILL TREAT MEDICARE, MEDICAID, AND UNINSURED PATIENTS THAT MANY SELF-EMPLOYED DOCTORS OFTEN LIMIT OR TURN AWAY. THIS IN TURN HAS THE ADDED ADVANTAGE OF KEEPING PATIENTS OUT OF THE BUSY EMERGENCY ROOMS OF THE HOSPITALS FOR BASIC, NON-EMERGENT MEDICAL NEEDS SIMPLY BECAUSE THE PATIENT CANNOT FIND A DOCTOR TO TREAT THEM. THIS NOT ONLY HELPS KEEP HEALTH CARE COSTS DOWN, BUT ALSO PROMOTES A BETTER OUTCOME FOR THE PATIENT IN GENERAL. THE DOCTORS AT ASANTE PHYSICIAN PARTNERS ARE PLAYING A PIVOTAL ROLE IN DEVELOPING A COLLABORATIVE AND COORDINATED HEALTHCARE ORGANIZATION THAT MODELS EFFECTIVE SOLUTIONS TO THE CHALLENGES OF THE CURRENT HEALTHCARE ENVIRONMENT NOT ONLY IN OUR COMMUNITY, BUT ACROSS THE NATION AS A WHOLE. ALL THE MEMBERS OF ASANTE PHYSICIAN PARTNERS SHARE IN A COMMITMENT TO CREATING A FRAMEWORK FOR EXCELLENCE IN HEALTHCARE. INDEPENDENT VOTING BOARD MEMBERS SINCE THE BOARD OF DIRECTORS OF ASANTE PHYSICIAN PARTNERS IS MADE UP OF PAID EMPLOYEES OF EITHER APP OR A RELATED ORGANIZATION, NONE ARE CONSIDERED TO BE INDEPENDENT. HOWEVER, THE BOARD OF DIRECTORS OF ASANTE, THE PARENT COMPANY OF APP, IS MADE UP OF ENTIRELY INDEPENDENT VOTING MEMBERS. THE ASANTE BOARD OF DIRECTORS HAS OVERRIDING AUTHORITY TO COUNTER ANY DECISION MADE BY THE APP BOARD IF IT FEELS AN APP BOARDS DECISION IS CONTRARY TO THE EXEMPT MISSION OF APP. FORM 990, PART VI, SECTION A, LINE 6 PER THE BYLAWS THE SOLE MEMBER OF APP IS ASANTE AND AS THE SOLE MEMBER, ASANTE HAS THE RIGHT TO AMEND THE ARTICLES, BYLAWS, ADOPT OR MODIFY STRATEGIC PLAN, ANNUAL BUDGET, APPROVE DISSOLUTION/MERGER, ELECT OR REMOVE BOARD OF DIRECTORS, ETC. FORM 990, PART VI, SECTION A, LINE 7A PER THE BYLAWS THE SOLE MEMBER OF APP IS ASANTE AND AS THE SOLE MEMBER, ASANTE HAS THE RIGHT TO AMEND THE ARTICLES, BYLAWS, ADOPT OR MODIFY STRATEGIC PLAN, ANNUAL BUDGET, APPROVE DISSOLUTION/MERGER, ELECT OR REMOVE BOARD OF DIRECTORS, ETC. FORM 990, PART VI, SECTION A, LINE 7B PER THE BYLAWS THE SOLE MEMBER OF APP IS ASANTE AND AS THE SOLE MEMBER, ASANTE HAS THE RIGHT TO AMEND THE ARTICLES, BYLAWS, ADOPT OR MODIFY STRATEGIC PLAN, ANNUAL BUDGET, APPROVE DISSOLUTION/MERGER, ELECT OR REMOVE BOARD OF DIRECTORS, ETC. FORM 990, PART VI, SECTION B, LINE 11B POLICY SUMMARY: THE FEDERAL FORM 990 IS A FEDERALLY MANDATED LEGAL DOCUMENT THAT IS HIGHLY REGULATED. WITHIN ASANTE PHYSICIAN PARTNERS (APP), THEY ARE TO BE PREPARED BY PERSONNEL IN THE ASANTE ACCOUNTING DEPARTMENT. ASANTE IS THE PARENT CORPORATION OF ASANTE PHYSICIAN PARTNERS. ADDITIONAL ASSISTANCE WILL BE PROVIDED BY PERSONNEL IN THE ASANTE MARKETING, COMPLIANCE, AND EXECUTIVE DEPARTMENTS. BEFORE FINAL SUBMISSION OF THE DOCUMENTS, THEY ARE REVIEWED BY THE MANAGER OF FINANCE, DIRECTOR OF FINANCE AND CFO. AFTER SUBMISSION THE FINAL RETURNS ARE PRESENTED TO THE APP BOARD OF DIRECTORS. POLICY DETAILS: 1. WHEN FINAL AUDITED FINANCIAL INFORMATION IS AVAILABLE, ACCOUNTING PERSONNEL WILL COMPILE THE NEEDED INFORMATION TO PREPARE THE APPROPRIATE RETURNS FOR THE PRIOR FISCAL YEAR. 2. AS NEEDED, ACCOUNTING WILL FILE ALL APROPRIATE EXTENSIONS ON A TIMELY BASIS. HOWEVER, THE FINAL SUBMISSION CAN NEVER BE EXTENDED PAST AUGUST 15TH OF THE YEAR FOLLOWING THE FISCAL YEAR BEING FILED. 3. IN ADDITION TO NORMAL PREPARATION, ACCOUNTING PERSONNEL WILL COORDINATE WITH PERSONNEL IN MARKETING, COMPLIANCE, AND POSSIBLY THE EXECUTIVE DEPARTMENTS IN PREPARING THE VARIOUS SCHEDULES NEEDED TO COMPLETE THE RETURN. ALL WORK PAPERS ARE TO BE RETAINED IN A PERMANENT FILE. 4. WHEN ALL NECESSARY INFORMATION HAS BEEN COMPILED, IT IS TO BE LOADED INTO APPROPRIATE TAX SOFTWARE. 5. WHEN COMPLETED, A DRAFT RETURN WILL BE REVIEWED BY THE ASANTE CHIEF ADMINISTRATIVE AND FINANCE OFFICER. AFTER THE REVIEW, ACCOUNTING WILL CLEAR ALL REVIEW NOTES AND COMMENTS. 6. ONCE REVIEWED BY THE CAFO, AN ADDITIONAL REVIEW WILL BE PERFORMED BY AN OUTSIDE CPA FIRM. ACCOUNTING WILL AGAIN CLEAR ANY ADDITIONAL REVIEW NOTES AND COMMENTS SUBMITTED BY THE OUTSIDE CPA. 7. ONCE ALL REVIEWS AND CORRECTIONS ARE MADE, THE ASANTE CAFO WILL SIGN ALL APPROPRIATE RETURNS FOR FILING. 8. ALL RETURNS WILL THEN BE FILED EITHER ELECTONICALLY OR PAPER COPY WITH THE APPROPRIATE GOVERNMENT AGENCY. A COPY OF EACH RETURN IS TO BE KEPT IN THE ACCOUNTING DEPARTMENT AND A COPY OF THE 990 WILL BE KEPT AT THE ASANTE CORPORATE HEADQUARTERS FOR PUBLIC DISPLAY AND COPYING, AS REQUESTED. 9. THE APP CHIEF EXECUTIVE OFFICER AND MEMBERS OF THE BOARD OF DIRECTORS WILL LOOK OVER THE FINAL SET OF RETURNS. FORM 990, PART VI, SECTION B, LINE 12C THE COMPLIANCE DEPARTMENT OF ASANTE (A DEPARTMENT OF THE PARENT COMPANY OF ASANTE PHYSICIAN PARTNERS), MAILS TO ALL ASANTE PHYSICIAN PARTNER'S MANAGEMENT, KEY EMPLOYEES, AND BOARD MEMBERS A CONFLICT OF INTEREST QUESTIONAIRE TO COMPLY WITH ASANTE'S CONFLICT OF INTEREST POLICY# 400-LD-034 AND 036. THE PURPOSE OF THE POLICY IS TO PROTECT ASANTE'S AND ASANTE PHYSICIAN PARTNER'S INTERESTS WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTERESTS OF A BOARD MEMBER OR OFFICER OF THE CORPORATION. IN ADDITION, ALL ASANTE PHYSICIAN PARTNER'S EMPLOYEES HAVE AN OBLIGATION TO DISCLOSE CONFLICTS OF INTEREST OR POTENTIAL CONFLICTS TO THEIR SUPERVISOR. THE ASANTE CORPORATE COMPLIANCE OFFICER IS RESPONSIBLE FOR ADMINISTERING, MONITORING, AND INVESTIGATING ANY POSSIBLE CONFLICTS AND MAKE AN ANNUAL REPORT TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS ANNUALLY REVIEWS THE COMPENSATION OF THE CEO AND OTHER KEY EMPLOYEES. THE REVIEW COMPARES THE COMPENSATION OF THE CEO AND OTHER KEY EMPLOYEES WITH COMPENSATION DATA FOR JOB INCUMBENTS IN COMPARABLE POSITIONS AT OTHER HEALTHCARE ORGANIZATIONS OF SIMILAR SIZE AND SCOPE. AT LEAST EVERY TWO YEARS, THE REVIEW IS CONDUCTED AND PRESENTED TO THE COMPENSATION COMMITTEE BY AN OUTSIDE CONSULTANT, CHOSEN BY THE COMPENSATION COMMITTEE. ON ALTERNATE YEARS, THE GENERAL MARKET MOVEMENT IS CONSIDERED AND THE REVIEW IS COMPLETED AND PRESENTED BY THE VP OF HUMAN RESOURCES. THE COMPENSATION COMMITTEE SETS THE ACTUAL ANNUAL CASH COMPENSATION FOR THE CEO AND SALARY RANGES FOR THE OTHER KEY EMPLOYEES. THE COMMITTEE ALSO SETS TOTAL COMPENSATION OPPORTUNITY FOR THE CEO AND EACH OF THE KEY EMPLOYEES, CONSISTENT WITH THE EXECUTIVE COMPENSATION PHILOSOPHY. MINUTES OF THE COMMITTEE DELIBERATIONS AND DECISIONS ARE RECORDED AND MAINTAINED. THE MOST RECENT EXECUTIVE COMPENSATION REVIEW BY AN OUTSIDE CONSULTANT WAS COMPLETED IN 2019, THE VP OF HR PROVIDED THE UPDATE RECOMMENDATIONS IN 2020. FORM 990, PART VI, SECTION C, LINE 19 CURRENTLY, ASANTE PHYSICIAN PARTNERS DOES NOT MAKE AVAILABLE TO THE GENERAL PUBLIC COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR ITS FINANCIAL STATEMENTS. FORM 990, PART XI, LINE 9: EQUITY ADJUSTMENTS FROM EPIC -20,224. ASANTE 2650 SISKIYOU BLVD MEDFORD OR 97504 930223960 MANAGEMENT ACTIVITIES OR 501(C)(3) 509(A)(1) N/A 0 ASANTE FOUNDATION 2650 SISKIYOU BLVD MEDFORD OR 97504 936087366 FUNDRAISING OR 501(C)(3) 509(A)(3) ASANTE 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0