2020-11-13T13:11:29-06:00 2019-12-31 KPMG LLP 515 Broadway 4th Floor Albany NY 122072974 990 2019-01-01 135596796 The Mary Imogene Bassett Hospital % Paul Swinko MARY 6075473635 One Atwell Road Cooperstown NY 13326 PAUL SWINKO CFO 6075473635 2020-11-12 true TODD TERESCO P00247720 5184274600 2020-11-11 199.207.253.96 14012520203185000005 2020-11-13 P EC4CAE4DABBF2D41825E3CF88D329D8D98EEF318 EC4CAE4DABBF2D41825E3CF88D329D8D98EEF318 2019 2021-01-29 14:40:06Z Bassett Medical Center Paul Swinko One Atwell Road Cooperstown NY 13326 649250578 false X www.bassett.org X 1921 NY See Schedule O 16 14 4433 180 -66431 -66681 22797539 30753988 531578476 567368925 2595344 2266810 7144371 3747281 564115730 604137004 42722 5000 0 0 325349964 343649298 0 0 788803 238124263 260257826 563516949 603912124 598781 224880 406104478 410525281 148742801 144988115 257361677 265537166 X Mary Imogene Bassett Hospital is a rural academic medical center committed to providing excellence in health care services, educating physicians and other health care professionals, and pursuing health research. false false 483411673 5000 567368925 Inpatient and Outpatient services provided to our patients resulted in: 13,864 Hospitalizations (inclusive of open heart surgeries) 55,041 Patient Days 711,058 Clinic Visits 25,603 Renal Treatments 8,805 Surgical Cases 4202470 See Schedule O. 487614143 true true false true false false false false false true true true false false false true true false false false false false false false false false true true false false true true false false false false false false false false true true false false false false true true true false false false true 310 0 true 4433 true true true false false false false false false false false false false false X 16 14 true false false false true true true true true false false false true true true true true true true true false NY X Paul Swinko 6075473635 One Atwell Road Cooperstown NY 13326 Mun Hong Attending Physician 40.0 0.0 X 861531 0 10352 Dhananjai Menzies Attending Physician 40.0 0.0 X 741425 0 30180 William Streck BHN President & CEO 40.0 0.0 X 754609 0 2210 WT Huntsman Attending Physician 40.0 0.0 X 668648 0 30440 Nicholas Hellenthal Attending Physician 40.0 0.0 X 658366 0 27536 Steven Heneghan Chief Clinic Officer 40.0 1.0 X 622076 0 33136 Vance Brown President & CEO (until 4/2018) 40.0 0.0 X 625000 0 0 William W LeCates President and Trustee 40.0 0.0 X 590800 0 32976 Paul Swinko CFO 40.0 0.0 X 500410 0 0 Andrew Manzer Former Exec VP & COO 40.0 0.0 X 370020 0 27180 Ronette M Wiley Exec VP & COO 40.0 0.0 X 330335 0 27785 John Bullis Trustee 1.0 0.5 X 0 0 0 Janes Forbes Clark Trustee 1.0 1.0 X 0 0 0 Terry Fulmer Board Chairman and Trustee 1.0 0.0 X 0 0 0 Peter Hamilton Trustee 1.0 3.5 X 0 0 0 J Michael Moffat Trustee 1.0 0.0 X 0 0 0 Katherine Nickerson Trustee 1.0 1.0 X 0 0 0 Donald Quest Trustee 1.0 1.0 X 0 0 0 Edward Stack Trustee 1.0 2.0 X 0 0 0 Douglas Willies Trustee 1.0 1.5 X 0 0 0 Maureen Killackey Vice Chairman and Trustee 1.0 0.0 X 0 0 0 Walter A Franck Vice Chairman and Trustee 1.0 0.0 X 0 0 0 Donald R Bordley Trustee 1.0 0.0 X 0 0 0 Robert S Hanft Trustee 1.0 0.0 X 0 0 0 James K Patrick Trustee 1.0 0.0 X 0 0 0 Richard A Polin Trustee 1.0 0.0 X 0 0 0 Jason Tabor Trustee (left 7/19) 1.0 1.0 X 0 0 0 Bruce C Vladeck Trustee 1.0 0.0 X 0 0 0 William T Burdick Trustee (thru 2/19) 1.0 0.0 X 0 0 0 Richard Vanison Treasurer 4.0 1.5 X 0 0 0 Glen Perrone Secretary 1.0 0.0 X 0 0 0 6723220 0 221795 627 true true false Stat Staff 18 Division St Suite 311 Saratoga Springs NY 12866 Agency 12424391 Weatherby Locums Inc PO Box 972633 DALLAS TX 753972633 Healthcare Services 1840709 McCarthy 1341 North Rock Hill Road St Louis MO 63124 Engineer 3766648 Medical Provider Service PO Box 231 PETERSBURG NY 12138 Healthcare Services 1362725 Abbott Laboratories 100 Abbott Park Road ABBOT PARK IL 60064 Testing services 2500400 231 1176946 8461929 21115113 30753988 Direct Patient Services 900099 521526985 521526985 Other Patient Service Revenue 900099 45841940 45841940 567368925 1127465 1127465 0 0 0 0 0 46109973 142946 45065587 47987 1044386 94959 1139345 1139345 0 0 0 0 0 0 0 0 0 Partnership Income 900099 3747281 -66431 3813712 3747281 604137004 567368925 -66431 6080522 5000 5000 0 0 0 3916127 3916127 815290 815290 295693502 227863829 67449978 379695 13119958 10105974 2997690 16294 12633535 9730613 2886349 16573 17470886 13452749 3990430 27707 0 0 0 132889 37705 95184 0 0 53455276 41160373 12209220 85683 0 1668842 1281295 380065 7482 0 0 15986206 12326555 3656372 3279 0 0 0 3080452 2373210 703955 3287 0 29512345 22760369 6751308 668 3775149 2907856 862544 4749 Drugs and reagents 53454609 53454609 Patient Supplies 42579668 42579668 Bad Debt 13444633 13444633 Charity Care 4202470 4202470 38965287 29927235 8794666 243386 603912124 487614143 115509178 788803 2785992 2112863 0 0 17708997 25165088 51709738 56191710 0 0 0 0 0 0 6556059 6673672 3785137 4691852 545216861 366317559 189571726 178899302 53637491 44344697 76866954 88773541 0 0 0 0 3482384 3672556 406104478 410525281 67778786 73336394 0 0 0 0 62532072 67592076 0 0 0 0 9641302 4059645 0 0 8790641 0 148742801 144988115 X 182474979 182861393 74886698 82675773 257361677 265537166 406104478 410525281 X 224880 2915314 5035295 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 132889 132889 false SCHEDULE C, PART II-B, LINE 1 American Hospital Association allocates 23.32% of dues towards general lobbying activities. Total dues paid for the year were $46,869. HANYS allocates 17.97% of dues towards general lobbying activities. Total dues paid for the year were $104,906. Iroquois Healthcare Alliance allocates 39.7% of dues towards general lobbying activities. Total dues paid for the year were $48,130. The organization paid $84,000 to Jackson Lewis, a lobbying firm. The Clark Estates conducts lobbying activities on behalf of the Mary Imogene Bassett Hospital. Lobbying activities are limited to officer discussions with consultants and legislators to obtain funding for charitable missions. No funds were expended. 14623624 35253 14658877 14455785 167839 14623624 14404447 51338 14455785 14398341 6106 14404447 14363039 35302 14398341 1.00000 true false 1089856 1089856 241514341 168399897 73114444 281075460 197917662 83157798 21537204 21537204 178899302 LP - CORPORATE BONDS & NOTES 3693260 C LP - LARGE CAP EQUITIES 5902016 C LP - DIVERSIFIED EQUITIES 63677203 C LP - OTHER LIMITED PARTNERSHIP 15501062 C 88773541 0 0 X 594440510 2915314 -12611808 -9696494 604137004 604137004 586265021 586265021 17647103 17647103 603912124 SCHEDULE D, PART V, LINE 4 INTENDED USES FOR ENDOWMENT FUNDS Permanently restricted endowment funds are held in perpetuity with restrictions on income for health services, medical research, medical education, and indigent care. SCHEDULE D, PART X FIN 48 FOOTNOTE The Hospital is a not-for-profit corporation as described in Section 501 (c)(3) of the IRC and is exempt from federal income taxes pursuant to Section 501(a) of the IRC. The Hospital recognizes income tax positions when it is more-likely-than-not that the position will be sustainable based on the merits of the position. Management has concluded that there are no material tax liabilities or uncertain tax positions that need to be recorded. SCHEDULE D, PART XI, LINE 2D POST-RETIREMENT BENEFIT CHANGE $ (1,275,678) CHANGE IN INTEREST AT FRIENDS OF BASSETT $ (361,885) BAD DEBT $(13,444,633) CHARITY CARE $ (4,202,470) CHANGE IN VALUE OF INTEREST RATE SWAPS $ (2,117,783) CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING PRINCIPLE $ 8,790,641 ---------------- TOTAL $(12,611,808) SCHEDULE D, PART XII, LINE 4B BAD DEBT $ 13,444,633 CHARITY CARE $ 4,202,470 ---------------- TOTAL $ 17,647,103 true true true X 300. false true true false true true 3970854 349726 3621128 0.00620 81879751 72127817 9751935 0.01660 85850605 72477543 13373063 0.02280 18087 18087 29424261 5958299 23465962 0.04000 14481531 12412059 2069472 0.00350 148166 148166 0.00030 44072045 18370358 25701687 0.04380 129922650 90847901 39074750 0.06660 true 131870027 128594743 3275284 X true true At Home Care Inc Home Health Agency 0.5 1 1 Mary Imogene Bassett Hospital One Atwell Road Cooperstown NY 13326 www.bassett.org 3824000H X X X X X Outpatient primary & specialty Mary Imogene Bassett Hospital 1 false false true X X X X X X X X X 19 true true true true X See Section C X true 19 true See Section C false true X 300. 0. true true X X X X true X See Section C X See Section C X See Section C X X X X X true X false X X X X true X false false SCHEDULE H, PART V, LINE 5, FACILITY 1, MARY IMOGENE BASSETT HOSPITAL THIS COMMUNITY HEALTH NEEDS ASSESSMENT HAS TAKEN INTO ACCOUNT INPUT FROM PERSONS WHO REPRESENT THE BROAD RANGE OF SECTORS AND INTERESTS OF THE COMMUNITY INCLUDING ORGANIZATIONS THAT REPRESENT THE MEDICALLY UNDERSERVED, LOW-INCOME, AND MINORITY POPULATIONS SERVED BY BASSETT MEDICAL CENTER. ALL ORGANIZATIONS PROVIDING INPUT INTO THIS ASSESSMENT, INCLUDING THE NAME AND TITLE OF THOSE INDIVIDUALS REPRESENTATIVE OF THE ORGANIZATION, IS PROVIDED BELOW. THIS INCLUDED INPUT FROM INDIVIDUALS WITH EXPERTISE IN PUBLIC HEALTH, SPECIFICALLY, HEIDI BOND, DIRECTOR OF THE OTSEGO COUNTY HEALTH DEPARTMENT. A) HEIDI BOND, DIRECTOR AT OTSEGO COUNTY HEALTH DEPARTMENT B) PATRICIA KNUTH, EXECUTIVE DIRECTOR AT THE ARC OTSEGO C) AMEEN ASWAD, EXECUTIVE DIRECTOR OF JAIL MINISTRY OF OTSEGO COUNTY D) TREENA HALSTEAD, BUILDING HEALTHY FAMILIES PROGRAM MANAGER AT OPPORTUNITIES FOR OTSEGO E) MARGARET AVRITT, ONEONTA COMMUNITY HEALTH CENTER F) TOM HOHENSEE, CREATING HEALTHY SCHOOLS AND COMMUNITIES SCHOOL COORDINATOR BASSETT RESEARCH INSTITUTE AT BASSETT MEDICAL CENTER G) SARAH BUTTICE, DIRECTOR OF EDUCATION/EMPLOYEE WELLNESS AT A.O. FOX HOSPITAL H) CALI RIESE, PUBLIC EDUCATION & COMMUNITY OUTREACH SPECIALIST CANCER SERVICES PROGRAM OF THE CENTRAL REGION AT BASSETT HEALTHCARE NETWORK I) TAMIE MACDONALD, DIRECTOR AT OTSEGO COUNTY OFFICE FOR THE AGING J) CHERILYN LACY, COORDINATOR OF THE PUBLIC HEALTH PROGRAM AT HARTWICK COLLEGE K) VERA SOSNOWSKI, BOARD MEMBER AT THE TOWN OF MILFORD L) CHRISTY HOUCK, CATHOLIC CHARITIES DELAWARE, OTSEGO & SCHOHARIE M) LYNAE WYCKOFF, LIVING WELL PROGRAM MANAGER BASSETT RESEARCH INSTITUTE AT BASSETT MEDICAL CENTER N) DAN MASKIN, EXECUTIVE DIRECTOR AT OPPORTUNITIES FOR OTSEGO O) LUCINDA LEVENE, ENGAGEMENT MANAGER AT LEATHERSTOCKING COLLABORATIVE HEALTH PARTNERS P) DEBRA MARCUS, EXECUTIVE DIRECTOR AT FAMILY PLANNING OF SOUTH CENTRAL NEW YORK Q) SUSAN MATT, DIRECTOR AT OTSEGO COUNTY COMMUNITY SERVICES R) DAVE RICHARDS, SUPERINTENDENT OF SCHOOLS AT UNATEGO CENTRAL SCHOOL DISTRICT S) ARLANA YOUNG, BOARD OF DIRECTORS MEMBER AT ONEONTA COMMUNITY HEALTH CENTER T) STEPHEN CLARK, ADMINISTRATIVE DIRECTOR BASSETT RESEARCH INSTITUTE AT BASSETT MEDICAL CENTER U) MATHEW JOHNSON, HEALTH EDUCATOR AT OTSEGO COUNTY HEALTH DEPARTMENT V) LAURA BRYANT, RABIES COORDINATOR AT OTSEGO COUNTY HEALTH DEPARTMENT W) KIM SCHLOSSER, ASSISTANT DIRECTOR AT OTSEGO COUNTY HEALTH DEPARTMENT X) MARION MANLIUS, BOARD MEMBER AT THE TOWN OF MILFORD Y) MAUREEN BLANCHARD, CREATING HEALTHY SCHOOLS AND COMMUNITIES COMMUNITY COORDINATOR RESEARCH FOUNDATION AT SUNY COBLESKILL Z) MARION MOSSMAN, PROJECT DIRECTOR AT OTSEGO COUNTY SYSTEM OF CARE AA) JULIE SORENSEN, DIRECTOR AT THE NEW YORK CENTER OF AGRICULTURAL MEDICINE AND HEALTH/ NORTHEAST CENTER FOR OCCUPATIONAL HEALTH AND SAFETY BB) ANNE GADOMSKI, ATTENDING PEDIATRIC PHYSICIAN AND DIRECTOR OF THE BASSETT RESEARCH INSTITUTE AT BASSETT MEDICAL CENTER CC) LYNN GLUECKERT, EXECUTIVE DIRECTOR AT CATHOLIC CHARITIES DELAWARE, OTSEGO & SCHOHARIE DD) TERESA SEARS, CLERK AT THE TOWN OF OTEGO EE) GARY FURMAN, SUPERINTENDENT OF SCHOOLS AT EDMESTON CENTRAL SCHOOL DISTRICT FF) JULIE DOSTAL, EXECUTIVE DIRECTOR AT LEATHERSTOCKING EDUCATION ON ALCOHOLISM/ADDICTIONS FOUNDATION FOLLOWING A REVIEW OF DATA FROM BASSETT MEDICAL CENTERS, A.O. FOX MEMORIAL HOSPITALS AND OTSEGO COUNTY HEALTH DEPARTMENTS 2019 JOINT COMMUNITY HEALTH NEEDS ASSESSMENT (CHNA) AND INPUT FROM KEY INFORMANTS, BASSETT MEDICAL CENTER, A.O. FOX MEMORIAL HOSPITAL AND OTSEGO COUNTY HEALTH DEPARTMENT WILL COLLABORATE ON THE NEW YORK STATE PREVENTION AGENDA PRIORITIES OF PROMOTE WELL-BEING AND PREVENT MENTAL AND SUBSTANCE USE DISORDERS FOCUS AREA OF 'PREVENT MENTAL AND SUBSTANCE USE DISORDERS' WITH THE GOALS TO PREVENT OPIOID AND OTHER SUBSTANCE MISUSE AND DEATH, AND PREVENT CHRONIC DISEASES FOCUS AREA OF 'TOBACCO PREVENTION' WITH THE GOAL TO PREVENT INITIATION OF TOBACCO USE. BASSETT MEDICAL CENTER, A.O. FOX MEMORIAL HOSPITAL, AND OTSEGO COUNTY HEALTH DEPARTMENT ENGAGED STAKEHOLDERS TO WORK WITH THEM ON THEIR 2013 AND 2016 PRIORITIES AND STAKEHOLDERS WERE ENGAGED FOR THE 2019 PRIORITIES. THESE STAKEHOLDERS, ALONG WITH INDIVIDUALS AND ORGANIZATIONS FOCUSED ON THE HEALTH OF THE COMMUNITY, HAD AN OPPORTUNITY TO INDICATE THEIR PRIORITIES DURING A COMMUNITY DATA PRESENTATION AND THOSE INDIVIDUALS UNABLE TO ATTEND HAD THE OPPORTUNITY TO COMPLETE A SURVEY INDICATING THEIR PRIORITIES. IN ORDER TO ADDRESS THE COMBINED FOCUS AREA OF 'PREVENT MENTAL AND SUBSTANCE USE DISORDERS' BASSETT MEDICAL CENTER, A.O. FOX MEMORIAL HOSPITAL, AND OTSEGO COUNTY HEALTH DEPARTMENT WILL INCREASE THE AVAILABILITY OF/ACCESS AND LINKAGES TO MEDICATION-ASSISTED TREATMENT (MAT) INCLUDING BUPRENORPHINE; PROMOTE AND ENCOURAGE PRESCRIBER EDUCATION AND FAMILIARITY WITH OPIOID PRESCRIBING GUIDELINES, AND LIMITS AS IMPOSED BY NEW YORK STATE STATUTES AND REGULATION; AND BUILD SUPPORT SYSTEMS TO CARE FOR OPIOID USERS WHO ARE AT RISK OF AN OVERDOSE. FOR 'TOBACCO PREVENTION' BASSETT MEDICAL CENTER, A.O. FOX MEMORIAL HOSPITAL, AND OTSEGO COUNTY HEALTH DEPARTMENT WILL USE MEDIA AND HEALTH COMMUNICATIONS TO HIGHLIGHT THE DANGERS OF TOBACCO/VAPING IN THE PEDIATRIC CLINICS, SCHOOL BASED HEALTH CENTERS AND COMMUNITY. BASSETT MEDICAL CENTER, A.O. FOX MEMORIAL HOSPITAL, AND OTSEGO COUNTY HEALTH DEPARTMENT WILL UTILIZE THE RECOMMENDED PROCESS MEASURES LISTED IN THE NEW YORK STATE PREVENTION AGENDA ACTION PLAN TO TRACK PROGRESS OF ALL PRIORITIES AND FOCUS AREAS. YEARLY PROGRESS TOWARDS THOSE MEASURES WILL BE DISSEMINATED TO THE NEW YORK STATE DEPARTMENT OF HEALTH AND WILL BE INCLUDED ON THE BASSETT HEALTHCARE NETWORKS AND OTSEGO COUNTY HEALTH DEPARTMENTS WEBSITES. SCHEDULE H, PART V, LINE 6A, FACILITY 1, MARY IMOGENE BASSETT HOSPITAL O'Connor Hospital, AO Fox Memorial Hospital, Cobleskill Regional Hospital, Little Falls Hospital, Tri Town Regional Healthcare SCHEDULE H, PART VI, LINE 6B OTSEGO COUNTY HEALTH DEPARTMENT SCHEDULE H, PART V, LINE 7a and 10a, FACILITY 1, MARY IMOGENE BASSETT HOSP The Hospital's Community Health Needs Assessment and Implementation Strategy are made avaialble on the Hospital's website: www.bassett.org/locations/bassett-medical-centerer SCHEDULE H, PART VI, LINE 11, FACILITY 1, MARY IMOGENE BASSETT HOSPITAL The organization addressed significant, prioritized health needs identified in its most recently conducted CHNA by adoption of a budget for provision of services that address the needs identification in the CHNA, prioritization of health needs in its community, and prioritization of services that the hospital facility will undertake to meet health needs in its community. For needs not addressed as a collaborative, we address some as an individual organization, and also continue to reprioritize highest demand of needs. SCHEDULE H, PART V, LINE 16A, 16B, 16C, FACILITY 1, MARY IMOGENE BASSETT The Hospital's Financial Assistance Policy, application, and plain language summary are made avaialble on the Hospital's website: www.bassett.org/patients-visitors/billing-insurance/financial-assistance/f inancial-assistance-plain-language 56 Bassett Healthcare Physical Therapy 124 County Road 52 Cooperstown NY 13326 Outpatient physical therapy services Bassett Healthcare Hamilton Surgical 10 Eaton Street Hamilton NY 13346 Outpatient specialty care Bassett Healthcare Herkimer Cardiac 690 West German Street Herkimer NY 13350 Outpatient rehab services Bassett Healthcare Clinton 34 Chenango Avenue Clinton NY 13323 Outpatient primary care Bassett Healthcare Canajoharie 56 Montgomery Street Canajoharie NY 13317 Outpatient primary care Bassett Healthcare Cobleskill 121 Legion Drive Cobleskill NY 12043 Outpatient primary care Bassett Healthcare Delanson 1 Cooley Heights Delanson NY 12053 Outpatient primary care Bassett Healthcare Delhi 460 Andes Road Delhi NY 13753 Outpatient primary care and dental Bassett Healthcare Edmeston Route 80 PO Box 15 Edmeston NY 13335 Outpatient primary care Bassett Healthcare Hamilton 160 Broad Street Hamilton NY 13346 Outpatient primary care and dental Bassett Healthcare Herkimer 321 East Albany Street Herkimer NY 13350 Outpatient prime, specialty, urgent care Bassett Healthcare Middleburgh 109 Baker Avenue Middleburgh NY 12122 Outpatient primary care Bassett Healthcare Morris 93 Main Street Morris NY 13808 Outpatient specialty care Bassett Healthcare Oneonta Surgical 449 Main Street Oneonta NY 13820 Outpatient specialty care Bassett Healthcare Norwich 55 Calvary Drive Norwich NY 13815 Outpatient primary care Bassett Healthcare Oneonta 125 Main Street Oneonta NY 13820 Outpatient primary care Bassett Healthcare Oneonta Specialty One Associate Drive Oneonta NY 13820 Outpatient prime, specialty, urgent care Bassett Healthcare Richfield Springs 8550 State Highway 28 Richfield Springs NY 13439 Outpatient primary care Bassett Healthcare Schoharie 111 Barton Hill Road Schoharie NY 12157 Outpatient primary care Bassett Healthcare Sharon Springs Route 20 PO Box 275 Sharon Springs NY 13459 Outpatient primary care Bassett Healthcare Sherburne 20 Chapel Street Sherburne NY 13460 Outpatient primary care Bassett Healthcare Sidney 39 Pearl Street Sidney NY 13838 Outpatient primary care Bassett Healthcare St Johnsville 8 Park Place St Johnsville NY 13452 Outpatient primary care Bassett Healthcare Stamford 28650 State Highway 23 Stamford NY 12167 Outpatient primary care Bassett Healthcare Walton 130 North Street Walton NY 13856 Outpatient primary care Bassett Healthcare West Winfield 544 East Main Street West Winfield NY 13491 Outpatient primary care Bassett Healthcare at FoxCare 1 Foxcare Drive Oneonta NY 13820 Outpatient primary care Bassett Healthcare at Little Falls 170 Burwell Street Little Falls NY 13365 Outpatient primary care and specialty care Bassett Healthcare Unadilla 16 Clifton Street Unadilla NY 13849 Outpatient primary care Bassett Regional Cancer Center 7 Associate Drive Oneonta NY 13820 Outpatient specialty care Hartwick Seminary Specialty Services 4580 Route 28 Milford NY 13807 Outpatient primary and specialty care Bassett Healthcare Andes 245 Lower Main St Andes NY 13731 Outpatient primary care Bassett Healthcare Greene 29 N Chenango St Ste A Greene NY 13778 Outpatient primary care Bassett Family Medicine Oneonta 739 NYS Rte 28 Ste 9 Oneonta NY 13820 Outpatient primary care SBHC - Cooperstown Elementary 21 Walnut Street Cooperstown NY 13326 Outpatient primary care SBHC - Cooperstown Middle and High 39 Linden Avenue Cooperstown NY 13326 Outpatient primary care SBHC - Delhi Elementary 2 Sheldon Drive Delhi NY 13753 Outpatient primary care SBHC - Delhi Middle and High 2 Sheldon Drive Delhi NY 13753 Outpatient primary care SBHC - Edmeston Central School 11 North Street Edmeston NY 13335 Outpatient primary care SBHC - Laurens Central School 55 Main Street Laurens NY 13796 Outpatient primary care SBHC - Middleburgh Elementary 245-I Main Street Middleburgh NY 12122 Outpatient primary care SBHC - Middleburgh Middle and High 291 Main Street Middleburgh NY 12122 Outpatient primary care SBHC - Milford Central School 42 West Main Street Milford NY 13807 Outpatient primary care SBHC - Morris Central School 65 Main Street Morris NY 13808 Outpatient primary care SBHC - Oral Health Mobile Program One Atwell Road Cooperstown NY 13326 Outpatient primary care SBHC - Schenevus Central School 159 Main Street Schenevus NY 12155 Outpatient primary care SBHC - SherburneEarlville Elementary 13 School Street Sherburne NY 13460 Outpatient primary care SBHC - SherburneEarlville Mdle & High 13 School Street Sherburne NY 13460 Outpatient primary care SBHC - Sidney Central School 95 West Main Street Sidney NY 13838 Outpatient primary care SBHC - South Kortright Central PO Box 113 South Kortright NY 13842 Outpatient primary care SBHC - Stamford Central School One River Street Stamford NY 12167 Outpatient primary care SBHC - Unadilla Valley Central PO Box F 4238 State Highway 8 New Berlin NY 13411 Outpatient primary care SBHC - Worcester Central School 195 Main Street Worcester NY 12197 Outpatient primary care SBHC - Richfield Springs Central 93 Main Street Richfield Springs NY 13439 Outpatient primary care SBHC - Springbrook 105 Campus Drive Oneonta NY 13820 Outpatient primary care Bassett Healthcare Oneida 2031 Dreamcatcher Plaza Rte 5 Oneida NY 13421 Outpatient primary care SCHEDULE H, PART I, LINE 3C OTHER INCOME BASED CRITERIA FOR FREE OR DISCOUNTED CARE The CSP (Community Services Program) application specifies family income limits and other requirements for services to be eligible for Bassett Medical Center's CSP/free care program. SCHEDULE H, PART I, LINE 6A RELATED ORGANIZATION INFORMATION The Mary Imogene Bassett Hospital's, (dba Bassett Medical Center (Bassett)), Comprehensive three year Community Service Plan was summarized in an annual community report. Printed copies were available to the public in patient waiting rooms and at information kiosks. The report is also posted on the Bassett website, www.bassett.org SCHEDULE H, PART I, LINE 7, COLUMN (F) EXCLUSIONS FROM PERCENT OF TOTAL EXPENSE The percent of total expense is calculated by dividing column (e), net community benefit expense, by total expense. The bad debt expense of $13,444,633 was subtracted from the total expense value used to calculate the percentages in Part 1, Line 7, Column f. SCHEDULE H, PART I, LINE 7 COSTING METHODOLOGY EXPLANATION Sections (a) charity care at cost, (b) unreimbursed Medicaid, (f) health professions education, the costing methodology used is a cost-to-charge ratio calculation utilized on filed state and federal cost reports as the source. Indirect costs were applied to sections (e) community health improvement, portions of (f) health professions education, (h) research, and (i) cash and in-kind contributions to community groups are comprised of the direct salary costs for hospital staff whose time was compensated by the hospital for time spent participating in activities that qualify as community benefits plus the current fiscal year fringe benefit rate. Indirect costs were only applied to select salaries and services under community health improvement and research and not broadly across all community benefit activity entries. SCHEDULE H, PART II COMMUNITY BUILDING ACTIVITIES All Bassett Community Building Activities could be classified under item 1 and highlighted in number 1 above. SCHEDULE H, PART III, LINES 2 AND 3 BAD DEBT EXPENSE DUE TO THE ADOPTION OF ASU NO. 2014-09 REVENUE FROM CONTRACTS WITH CUSTOMERS (TOPIC 606) BAD DEBT EXPENSE IS NO LONGER REPORTED ON THE AUDITED FINANCIAL STATEMENT. RATHER IT IS TREATED AS A PRICE CONCESSION. THE BAD DEBT EXPENSE FOR 2019 WAS $13,444,633. SCHEDULE H, PART III, LINE 4 Charity Care FOOTNOTE 2(h) from the Audited Financial Statements The Hospitals general policy statement on charity care requires that medical care be rendered to all persons in need of such care regardless of their ability to pay. Because the Hospital does not pursue collection of amounts determined to qualify as charity care, and therefore historical evidence demonstrates no payments are made by such patients, the Hospital does not report these services as revenue. The Hospital maintains records to identify and monitor the level of charity care it provides. These records include the amount of charges forgone for services furnished under its charity care policy. SCHEDULE H, PART III, LINE 8 MEDICARE EXPLANATION Amounts were derived as follows: charge times cost to charge ratio versus reimbursement on the medicare PS&R report. SCHEDULE H, PART III, LINE 9B COLLECTION PRACTICES EXPLANATION It is Mary Imogene Bassett Hospitals policy to delay final collection efforts while an application is in process under the hospitals financial assistance policy. Collection efforts are not initiated until the final determination of eligibility under the financial assistance policy. SCHEDULE H, PART VI, LINE 2 NEEDS ASSESSMENT In addition to public and agency input, a variety of data from the NYS Department of Health, Otsego County Behavioral Risk Factor Surveillance System, Otsego Co. Department of Health Community Assessment and other sources were used to assess priorities, including: a) Percentage of Otsego Co. adults who visited a dentist in the past years b) Prevalence of tooth decay in third-grade children c) Percentage of adults reporting binge drinking d) Heavy drinking e) Percentage of overweight adults in Otsego Co. Based on the outcomes of the focus groups and strategic planning sessions prevention agenda priorities throughout the county were identified. Access to quality healthcare and mental health & substance abuse were identified as the top priorities. Physical activity and nutrition was ranked third. Subsequent strategic planning sessions related to the two top priorities were held to identify service barriers and gaps as well as brainstorm for collaborative efforts to address these priorities. Strategies for the selected priorities: 1) Access to dental health care a. Bassett will support Otsego Co. Dept. of Health efforts to re-establish the Otsego Co. Oral Health Coalition as a mechanism for bringing community partners together on advocacy efforts aimed at attracting more dentists to our rural area, and for tracking progress in improving access to dental services b. Bassett will work to expand comprehensive preventive dental health services to all School-Based Health Centers in the county and to provide sealant services to non-SBHC schools. Bassett will work with the Otsego Co. Dept. of Health and Rural Health Education Network of Delaware, Otsego, Montgomery (RHENDOMS) to make more schools aware of RHENDOMS services to increase participation c. Bassett will work with the Otsego Co. Dept. of Health and A.O. Fox Hospital to educate primary care and SBHC providers about dental practices available for referral. The Otsego Co. Dept. of Health will educate dental providers about Medicaid reimbursements d. Bassett will work with the health department and other community partners to educate the public about dental health in fairs and other community events. 2) Mental Health and Substance Abuse a. In a new initiative, Bassett will work with A.O. Fox Hospital and Leatherstocking Education on Alcoholism/Addictions Foundations, Inc. (LEAF) to provide continuing medical education training on substance abuse screening and referral to primary care providers and surgeons in the county b. Bassett will work with the health department and LEAF to complete and distribute an updated list of mental health and substance abuse resources to primary care providers c. Bassett will collaborate with LEAF and the health department on public health campaign about the risk factors associated with binge drinking and prescription drug abuse 3) Physical Activity and Nutrition a. Bassett will continue to collaborate with the health department and other community partners on efforts to provide early education about the importance of physical activity and nutrition throughout life, including during pregnancy and to prevent chronic disease b. Bassett will work with the health department, schools, and other community partners to improve continuity of care between families, schools, and primary care providers for the treatment of childhood obesity Overall goals will be to increase the percentage of Otsego County adults who have seen a dentist in the past year, work toward a 2013 prevention agenda objective of 83%, reducing the rate of alcohol abuse in Otsego County and reducing the rate of obesity in Otsego County. SCHEDULE H, PART VI, LINE 3 PATIENT EDUCATION OF ELIGIBILITY FOR ASSISTANCE A major component of Bassett's Community Services program is to actively identify patients who may be eligible for charity care. The process begins with an organizational policy and procedure that defines the program and serves as an education tool for all Bassett employees. The policy is updated annually, distributed to key personnel and posted in the online policy and procedure manual that is accessible to all employees. The program is supported by a four page plain language brochure that includes an application. Brochures are prominently displayed and available at all facilities and all clinic locations. Clinical and support staff are made aware of the program and able to direct patients to specialists who can assist in the application process. All patients who are registered as self-pay are provided a brochure either in person or by mail. Patients who are in the hospital receive information as part of a personal visit geared to help the patient navigate financial assistance including, but not limited to, the Community Services Program. Government program opportunities are also referenced and a directory of local social services agencies is provided based on the patient's county of residence. Referral to an onsite Otsego County Medicaid Examiner is available at the Cooperstown campus. A listing of all self-pay accounts is produced and reviewed daily to insure that a Community Services brochure has been provided. The self-pay billing office identifies patients during the billing and collections process that may require additional help understanding the program. Self-pay accounts for patients who have been approved for Community Services within the prior 120 days are automatically included with the prior approval. SCHEDULE H, PART VI, LINE 4 COMMUNITY INFORMATION The service area of Bassett encompasses a seven county region in upstate New York. While the economy of Cooperstown is based on tourism and health care, the rest of the region is largely agricultural. There are a few larger employers in the region such as local school districts, community, state and private universities, the majority of employers are small businesses. In the seven county regions, the median household income ranges between $43,000 and $48,000. 13-18 % of the community residents have incomes below the federal poverty guidelines. The following areas have been federally designated as being medically underserved: A) Herkimer County B) Fulton County, town of Oppenheim C) Montgomery County, city of Amsterdam D) Otsego County, North Otsego service area, town of Plainfield, town of Decatur E) Delaware County, towns of Deposit, Colchester, Middletown SCHEDULE, H, PART VI, LINE 5 PROMOTION OF COMMUNITY HEALTH Bassett's sole member is Bassett Healthcare Network and is a 180 bed acute care inpatient teaching facility located in rural Cooperstown, New York. Bassett has a fully salaried medical staff and advanced practitioner staff providing a wide variety of services, including a wide range of specialty care. Bassett maintains a strong academic program through its affiliation with Columbia University College of Physicians and Surgeons, an affiliation highlighted by the establishment of a Columbia medical school campus at Bassett in 2009. Bassett has a network of 34 community based outpatient health centers, 20 school-based health centers; two ambulatory surgery centers and is a Level II Trauma Center as designated by New York State. In addition, the research programs at Bassett include the New York Center for Agricultural Medicine and Health Community based partnerships as part of the Northeast Center for Agricultural Health are addressing important health and safety issues in diverse agricultural populations at several sites across New York state. Health Works Occupational Health Services program continues to meet the health, safety and wellness needs of the business community. Providing needed occupational health services benefits and improving employee health throughout the Bassett Healthcare Network seven county region. Bassett is working to re-establish the Otsego County Oral Health Coalition as a mechanism for bringing community partners together around a shared vision in an effort to attract more dentists to our rural area. The size and depth of Bassett with its more than two dozen community health centers and 20 school based health centers makes it ideal for a new initiative to train primary care practitioners and surgeons in substance abuse screening and referral. The goal is to also train practitioners outside Bassett hospital, but Bassett provides the ideal platform from which to pilot this initiative. Bassett is also addressing the rate of obesity within its region reaching out to schools to provide resources, guidance and technical assistance in the areas of tobacco use, nutrition and physical activity. Bassett continues to combine health care with community service. Our program "Connecting Communities for Health & Wellness" is about collaborative efforts to provide treatment and/or to promote health and healing as a response to identified community needs. Community health improvement initiatives have targeted the New York State Department of Health new Public Health Prevention Agenda. In addition to hospital public health programs related to the three priority prevention agenda items, programs addressing chronic disease management and prevention and unintentional injury were considered. Bassett public health programs that address these areas include: A. School-Based Health center Dental sealant program - A registered dental hygienist provides preventive care, including education, cleanings, fluoride treatment, sealant and referrals in this grant funded program B. RHENDOMS (Rural Health Education Network of Delaware, Otsego, Montgomery and Schoharie Counties) - Dental health education is offered to elementary school students, and parents of newborns are educated about baby-bottle tooth decay C. Parent HANY book - This family resource was created by the Otsego Co. Committee on Child Abuse and Neglect and underwritten by Bassett and A.O. Fox Hospital. Its goal is to give parents and professionals a place to turn for help in dealing with the stresses of family life D. KickStart - a program designed to help combat childhood obesity through collaborative partnerships with Bassett health centers and local recreational and fitness groups E. Bassett Cancer Institute Medical Screening Coach - a new, custom-built medical coach equipped with digital technology for mammography and other cancer screenings for men and women.The coach was placed in service in 2008 with the goal of reducing the number of cancer deaths by increasing access to screening services in rural areas F. Cancer Services Program of Delaware, Otsego and Schoharie Counties a New York State Department of Health partnership administered through Bassett offering free breast, cervical and colorectal screenings to people who qualify G. Healthy Start Breakfast - a partnership between community service organizations and Bassett for diabetes detection, education, and prevention H. Safe Kids Coalition of Otsego County - An organization whose mission is to prevent unintentional injuries to children through education. Programs and services include safety seat events, educational resources on bicycling, in-line skate and skateboard safety, home safety, fire and burn prevention, road safety and pedestrian safety The regional primary and specialty care clinics and the school-based health centers were established in response to community need. Bassett is continually engaging in quality improvement initiatives to ensure that quality health care and programs are brought to central New York. A core part of Bassett is research and education. Bassett's value to the communities it serves is compounded by providing physicians the ability to practice quality medicine in a collegial environment in a rural setting. There is a tremendous collaboration between physicians within Bassett to ensure a better outcome for the patient. Bassett continually invests in programs, equipment and people to ensure quality service to the communities in which we serve. SCHEDULE H, PART VI, LINE 6 AFFILIATED HEALTH CARE SYSTEM Bassett is part of the Bassett Healthcare Network that provides health services in more than 20 communities spanning 5,600 square miles and seven counties. The network focuses its community services programs in the counties where the six affiliated hospitals and greatest patient populations are located. Otsego County - population 60,094, Delaware County - population 45,001, Herkimer County - population 62,240, Schoharie County - population 31,420 (according to the 2017 U.S. Census estimates). a) Bassett - an acute care inpatient teaching facility, an outpatient primary and specialty care center, a regional network of 29 community based outpatient health centers, 20 school based health centers, two ambulatory surgery centers and a fully salaried medical staff in Cooperstown, Otsego County b) O'Connor Hospital - critical access hospital in Delhi, Delaware County c) Cobleskill Regional Hospital - acute care facility in Cobleskill, Schoharie County d) Little Falls Hospital - critical access hospital in Little Falls, Herkimer County e) Tri-Town Regional Hospital - 24/7 emergency care facility in Sidney, Delaware County f) A.O. Fox Memorial Hospital - acute care facility in Oneonta, Otsego County g) Valley Health Services - residential health care and rehabilitation facility h) At Home Care - certified home care agency i) First Community Care of Bassett - medical supply company All the above (a-i) make up the Bassett Healthcare Network and provide health services to this seven county region in central New York SCHEDULE H, PART VI, LINE 7 STATE FILING OF COMMUNITY BENEFIT REPORT New York X X X X true false false false false false false true false Paul Swinko CFO 450410 0 50000 0 0 0 0 0 0 0 500410 0 0 0 William Streck BHN President & CEO 750000 0 0 0 4609 0 0 0 2210 0 756819 0 0 0 William W LeCates President and Trustee 590800 0 0 0 0 0 22684 0 10292 0 623776 0 0 0 Steven Heneghan Chief Clinic Officer 622076 0 0 0 0 0 25484 0 7652 0 655212 0 0 0 Ronette M Wiley Exec VP & COO 330335 0 0 0 0 0 22322 0 5463 0 358120 0 0 0 Vance Brown President & CEO (until 4/2018) 0 0 0 0 625000 0 0 0 0 0 625000 0 0 0 WT Huntsman Attending Physician 618163 0 50485 0 0 0 25484 0 4956 0 699088 0 0 0 Mun Hong Attending Physician 761282 0 100249 0 0 0 0 0 10352 0 871883 0 0 0 Dhananjai Menzies Attending Physician 731125 0 10300 0 0 0 22684 0 7496 0 771605 0 0 0 Nicholas Hellenthal Attending Physician 638116 0 20250 0 0 0 19884 0 7652 0 685902 0 0 0 Andrew Manzer Former Exec VP & COO 370020 0 0 0 0 0 17084 0 10096 0 397200 0 0 0 SCHEDULE J, PART I, LINE 4A SEVERANCE PAYMENTS Vance Brown, President & CEO (until 4/2018) received a severance payment of $625,000 from the organization during the tax year. This payment is included in the total reported on Schedule J, Part II, Column B(iii). SCHEDULE J, PART I, LINE 7 NON-FIXED PAYMENTS PROVIDED Non-fixed payments are made based on the success in meeting performance criteria that are prospectively agreed upon as goals for the officers and other employees. A 2015A Series Oneida County-LDC Bond 263661593 2015-09-01 17000000 Renovations - See Part VI false false false B 2018A Series Otsego County Capital Resource Corp 263661593 2018-11-09 60550000 Refinance & Refund - See Part VI false false false A 4540000 0 17000000 0 0 0 327500 0 0 16672500 0 0 2017 false false true true B 7921461 0 60550000 0 0 0 1145578 0 31525000 12585000 15294422 0 2019 true false true true A false false false false 0 false false false false B false false true true false 0 false false false false A false true true false 0 false 0 false false B false true true true M&T Trust Company 10. false false false 0 false false A false B false Part I, Line 1, Column F 2015A Series Oneida County - CDC Bonds Renovation of off-campus data center 2018A Series Otsego County - CRC Bonds Fund capital expenditure projects Refinance line of credit for Series 2011A and 2011B Bonds Refund Series 2015A Bond. See below for dates of issuance. 2011A Series Otsego County-CR Bond - Date Issued 11/3/2011 2011B Series Otsego County-CR Bond - Date Issued 11/3/2011 2015A Series Otsego County-CR Bond - Date Issued 8/27/2015 Part II, Line 3, Column B 2018A Series Otsego County - CRC Bonds $5,388,539 in proceeds from the issuance was drawn down during 2019. Therefore, the ending balance of the bond as reflected on the 2019 financial statements of the Hospital is $52,628,539, which is net of bond retirement and deferred financing costs. Part III, Line 1, Part IV, Line 7, and Part V The Mary Imogene Bassett Hospital had written procedures in place but they do not meet the requirements under the regulations to answer yes to these questions. Management is working to update these written policies to comply with the regulations. Management regularly reviews the Hospitals tax-exempt bond obligations to ensure there are no violations of federal tax requirements. The Clark Estates Part V 116036 Investment mgmt fees false Jane Hamilton Part V 132808 Wages false Lee Edmonds Part V 470046 Wages false Hannah Kinzelmann Part V 72171 Wages false Patrick Franck Part V 140265 Wages false PART V ADDITIONAL INFORMATION Part IX, Line 1 More than 35% of The Clark Estates is owned by trustee Jane Forbes Clark Part IV, Line 2 Jane Hamilton is family member of trustee Peter Hamilton Part IV, Line 3 Lee Edmonds, MD is a family member of President & CEO William LeCates. Part IV, Line 4 Hannah Kinzelmann is a family member of Executive VP & COO Ronette Wiley. Part IV, Line 5 Patrick Franck is a family member of trustee Walter Franck. FORM 990, PART I, LINE 1 ORGANIZATION'S MISSION Mary Imogene Bassett Hospital is a rural academic medical center committed to providing excellence in health care services, educating physicians and other health care professionals, and pursuing health research. FORM 990, PART III, LINE 4B Community involvement has been linked to Bassetts mission and values since it first opened in 1921. Whether it is strengthening our community relationships for health and wellness, communicating ideas for improving our services to our region, or providing a forum for Bassett to learn and listen, we are working with our community to improve the quality of life of the people of our region. Our community services program provides free services to persons who cannot afford to pay, who do not qualify for Medicaid, and who fall within the established income guidelines. In 2019 we provided $4,202,470 in free care. Bassetts community health education programs include lectures, presentations, health fairs, and other group programs in addition to the clinical and diagnostic services offered. Clinical services offered includes screenings, health tests and health risk appraisals including blood pressure, lipid profile, cholesterol screenings, cardiology risk factor screenings, and all cancer screenings. Our community building activities include philanthropic support for health initiatives and community health and welfare projects including promoting healthy lifestyles, disease prevention, and community awareness initiatives. Our doors are open 24 hours a day, 7 days a week, 365 days a year. We are proud to provide care to our communities. FORM 990, PART VI, LINE 2 RELATED PARTY INFORMATION AMONG OFFICERS William T Burdick & Jane Forbes Clark - BUSINESS William T Burdick & Richard C Vanison - BUSINESS Jane Forbes Clark & Richard C Vanison - BUSINESS FORM 990, PART VI, LINES 6, 7A, AND 7B Bassett Healthcare Network is the parent and sole member to each of the following related parties. Friends of Bassett, AO Fox Memorial Hospital, Bassett Hospital of Schoharie County, Little Falls Hospital, OConnor Hospital, Templeton Foundation, Valley Health Services, Tri-Town Regional Hospital, Mary Imogene Bassett Hospital. As parent and sole member, Bassett Healthcare Network has the right to appoint and remove members of the governing boards of its subsidiaries and approve significant decisions of the governing boards, including, but not limited to, approval of operating and capital budgets, certain capital expenditures, indebtedness not contained in the approved budgets, substantive changes in clinical programs, mergers, consolidations, liquidations and dissolutions involving its subsidiaries and certificate of need applications. FORM 990, PART VI, LINE 11B ORGANIZATIONS PROCESS TO REVIEW THE FORM 990 The Mary Imogene Bassett Hospital distributes the draft 990 to the Audit Committee of the Board of Trustees prior to filing. Any questions are raised and answered. The Audit Committee recommends, to the executive and finance committee, to file. A complete copy of the organization's final form 990, including all required schedules, as ultimately filed with the IRS is made available upon request to each member of the Board before its filed with the IRS. FORM 990, PART VI, LINE 12C ENFORCEMENT OF CONFLICTS POLICY The organization's conflict of interest policy applies to the board of trustees, including any committees of the board, individual members of the board, officers of the hospital (President, COO, CFO), Vice Presidents, and all directors serving as directors team members. Upon the commencement of an individual serving in the roles previously defined, and thereafter annually by January 1, a conflict of interest questionnaire which is prescribed by the Audit Committee of the Board of Trustees must be completed. All completed questionnaires are reviewed by the Compliance Officer of the organization. Any potential conflict of interest will be discussed with the individual and/or with legal counsel. The Compliance Officer will take action to eliminate the potential conflict of interest, if deemed appropriate. After investigation, if it is deemed that the individual has failed to comply with such policies and directives, appropriate corrective action will be taken. The Audit Committee of the Board of Trustees may determine whether the corrective action is satisfactory and, if not, shall require further action. FORM 990, PART VI, LINE 15A COMPENSATION PROCESS FOR TOP OFFICIAL The Mary Imogene Bassett Hospital has a formal process that is used to determine the base compensation of the President on an annual basis. This process includes a compensation committee of the board of trustees, compensation survey or study, and approval by the board of trustees or the compensation committee. MIBH pays non-fixed earnings based on the success in meeting performance criteria that are prospectively agreed upon as goals for the CEO. FORM 990, PART VI, LINE 15B COMPENSATION PROCESS FOR TOP OFFICIAL The same formal process noted above (Part VI, Section B, line 15a), is used to determine the base compensation of the other officers. Non-fixed earnings of other officers are based on the success in meeting performance criteria and comparative market data. For key employees, compensation is delegated by the board to the discretion of the officers. FORM 990, PART VI, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION The Mary Imogene Bassett Hospital makes its governing documents, conflicts of interest policy, and financial statements available to the public upon written request. Parties desiring to obtain copies of such must present themselves at the administrative offices of the hospital or by sending a self-addressed stamped envelope along with payment for copying of the requested material to the administrative office of the hospital. The cost of copying shall be equal to the costs imposed by the IRS for copying of public documents. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS POST-RETIREMENT BENEFIT CHANGE $ (1,275,678) CHANGE IN INTEREST AT FRIENDS OF BASSETT $ (361,885) CHANGE IN VALUE OF INTEREST RATE SWAPS $ (2,117,783) CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING PRINCIPLE $ 8,790,641 ---------------- TOTAL $ 5,035,295 CHANGE IN ACCOUNTING PRINCIPLE In June 2018, The Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2019-08, Clarifying the Scope and Audit Guidance for Contributions Received and Contributions Made (ASU-2018-08), which provides guidance in order to address diversity in practice in classifying grants (including governmental grants) and contracts received by not-for-profits. The standard also clarifies the guidance on how entities determine when a contribution is conditional. The Hospital adopted ASU 2018-08 effective January 1, 2019 using the modified retroactive approach, which resulting in $8,790,641 that was previously recorded as advanced funds for DSRIP program being classified to net assets with donor restrictions. Bassett Accountable Care Partners LLC One Atwell Road Cooperstown NY 13326 471390327 Hlthcare Qual NY 0 0 MIBH Bassett Healthcare Network One Atwell Road Cooperstown NY 13326 133218680 Support NY 501c3 12c NONE false Friends of Bassett One Atwell Road Cooperstown NY 13326 237041610 Fundraiser NY 501c3 7 BHN false AO Fox Memorial Hospital One Norton Avenue Oneonta NY 13820 150539039 Healthcare NY 501c3 3 BHN false Bassett Hospital Schoharie County 178 Grandview Drive Cobleskill NY 12043 141772971 Healthcare NY 501c3 3 BHN false Little Falls Hospital 140 Burwell Street Little Falls NY 13365 150533578 Healthcare NY 501c3 3 BHN false O'Connor Hospital 460 Andes Road Delhi NY 13753 161540394 Healthcare NY 501c3 3 BHN false Templeton Foundation One Atwell Road Cooperstown NY 13326 133317084 Landlord NY 501c3 10 BHN false Tri Town Regional Healthcare 43 Pearl Street Sidney NY 13838 260169584 Healthcare NY 501c3 3 BHN false Valley Health Services 690 West German Street Herkimer NY 13350 222511614 Elder Care NY 501c3 3 BHN false Bassett PPS LLC 618 State Highway 7 Oneonta NY 13820 811749905 Healthcare NY 501c3 12A MIBH true At Home Care Partners Inc 25 Elm Street Oneonta NY 13820 562397098 Healthcare NY 501c3 10 AHC Inc true At Home Care Inc 25 Elm Street Oneonta NY 13820 161287069 Healthcare NY 501c3 10 BHN false Valley Residential Services 690 West German Street Herkimer NY 13350 463703838 Elder Care NY 501c3 10 BHN false Leatherstocking Physicians PC One Atwell Road Cooperstown NY 13326 364864562 Healthcare Svcs NY NA C Corp false false false true false false false false false true true true true true false false true true false false