2018-08-15T10:34:51-05:00 2017-09-30 PricewaterhouseCoopers LLP 101 SEAPORT BOULEVARD BOSTON MA 02210 990 2016-10-01 222703314 SOUTHCOAST PHYSICIANS Group INC % WADE BROUGHMAN SOUT 5089732106 200 MILL ROAD NO STE 180 FAIRHAVEN MA 027195252 WADE BROUGHMAN EXEC VP FIN & CFO 5089735017 2018-08-14 true PAUL J TANIS P01441612 6175305000 2016 2022-09-23 18:48:47Z KEITH HOVAN 200 MILL RD N STE 180 FAIRHAVEN MA 02719 179849184 false X N/A X 1986 MA SEE SCHEDULE O 8 2 1591 10 0 0 0 178169432 179729975 0 0 96782 119209 178266214 179849184 0 0 0 0 200513988 211996630 0 0 0 41972881 45642190 242486869 257638820 -64220655 -77789636 75285082 70136244 48841071 64425168 26444011 5711076 X SEE SCHEDULE O false false 30625034 0 44619012 SPG'S ACCOMPLISHMENTS INCLUDE THE DEVELOPMENT AND MAINTENANCE OF AN EFFICIENT AND INTEGRATED PRIMARY CARE DELIVERY SYSTEM THAT SUCCESSFULLY MEETS THE HEALTH CARE NEEDS OF THE COMMUNITIES SERVED BY SPG AND ITS NON-PROFIT AFFILIATES. SPG SERVES PATIENTS OF ALL AGES, RACES AND ETHNIC BACKGROUNDS AND PROVIDES HEALTH CARE SERVICES SUCH AS PREVENTATIVE HEALTH CARE, PHYSICALS, IMMUNIZATIONS, TREATMENTS FOR ILLNESSES AND INJURIES AND PROVIDES REFERRALS TO OTHER HEALTH CARE SPECIALISTS AS NEEDED. DURING FISCAL 2017, APPROXIMATELY 33.1% OF PATIENT VISITS TO SPG PRIMARY CARE PRACTICES WERE ATTRIBUTABLE TO PATIENTS WHOSE PRIMARY HEALTH INSURANCE WAS MEDICARE AND ANOTHER 18.15% OF VISITS WERE PROVIDED TO PATIENTS WHOSE PRIMARY HEALTH INSURANCE WAS MASSHEALTH (MEDICAID) AND COMMONWEALTH CARE PLANS. DURING FISCAL 2017, THERE WERE 426,738 TOTAL PATIENT VISITS TO SPG PRIMARY CARE PRACTICES AND 102,626 IMMUNIZATIONS WERE ADMINISTERED TO SPG PATIENTS. 28395118 0 23135980 SPG EMPLOYS HOSPITALISTS WHO ARE PHYSICIANS BOARD CERTIFIED IN INTERNAL MEDICINE OR FAMILY PRACTICE AND SPECIALIZE IN THE CARE OF PATIENTS WHOSE ILLNESS IS SERIOUS ENOUGH TO REQUIRE ADMISSION TO AN ACUTE-CARE HOSPITAL. SOMETIMES HOSPITALISTS HAVE ADDITIONAL EXPERTISE IN SPECIALITIES SUCH AS PULMONARY MEDICINE OR CRITICAL CARE. THE HOSPITALISTS PRIMARY FOCUS OF CARE AND EXPERTISE IS FOR THE PATIENTS OF ITS RELATED NOT-FOR-PROFIT HOSPITAL THEY SERVE. SOUTHCOAST HOSPITALS GROUP, INC, HOSPITALISTS ARE AVAILABLE TO SEE ADMITTED PATIENTS 24 HOURS A DAY 7 DAYS A WEEK AND PROVIDE COMPLETE CARE TO PATIENTS DURING THEIR HOSPITAL STAY WHILE COMMUNICATING WITH NURSES, OTHER HEALTH TEAM MEMBERS AND EACH PATIENT'S PRIMARY CARE PHYSICIANS THEREBY PROVIDING THE HIGHEST LEVEL OF HEALTH CARE SERVICES. DURING FISCAL 2017, HOSPITALISTS MADE 150,318 PATIENT VISITS, OF WHICH 66.9% OF ALL VISITS WERE MADE TO PATIENTS WHOSE PRIMARY HEALTH INSURANCE WAS MEDICARE AND ANOTHER 16.79% OF VISITS WERE PROVIDED TO PATIENTS WHOSE PRIMARY HEALTH INSURANCE WAS MASSHEALTH (MEDICAID). 162161182 0 105678218 SPG EMPLOYS SPECIALISTS, INCLUDING SURGEONS, ONCOLOGISTS,CARDIOLOGISTS, GASTROENTEROLOGISTS, NEUROLOGISTS, PSYCHIATRISTS, AND OTHERS. DURING FISCAL 2017, SPG SPECIALISTS SERVED 734,268 PATIENTS, OF WHICH 50.55% WERE PATIENTS WHOSE PRIMARY HEALTH INSURANCE WAS MEDICARE AND ANOTHER 17.87% WERE PATIENTS WHOSE PRIMARY HEALTH INSURANCE WAS MASSHEALTH (MEDICAID). 8216432 0 6296765 229397766 true false false false false false false false false false true false false true true false false true false false false false false false false false false false false true false false false false false false false false false false false false false true true true false false true 102 0 true 1591 true false false false false false false false false false false X 8 2 false true false false true true true true true false false false true true true true true true true false MA X WADE BROUGHMAN 5089732908 101 PAGE STREET NEW BEDFORD MA 02740 X KEITH HOVAN PRESIDENT/EX-OFFICIO 1.0 63.5 X X 0 1899162 310532 MARGARET A FERRELL MD TRUSTEE, PHYSICIAN 40.0 0.0 X 639595 0 38909 PAUL B IANNINI MD TRUSTEE 1.0 60.0 X 0 866614 32190 JEAN F MACCORMACK CHAIR (UNTIL 12/16)/TRUSTEE 1.0 3.5 X X 0 0 0 DREW L NAHIGYAN MD TRUSTEE, PHYSICIAN 40.0 0.0 X 544127 0 38212 CARL RIBEIRO TRUSTEE (UNTIL 12/16) 1.0 3.5 X 0 0 0 JASON RUA CHAIR (AS OF 12/16) 1.0 3.5 X X 0 0 0 ROBERT MCGOWEN MD TRUSTEE, PHYSICIAN 40.0 0.0 X 308570 0 40066 RICHARD MILLER MD TRUSTEE, PHYSICIAN 40.0 0.0 X 853401 0 157312 CARLOS CORREIA MD TRUSTEE (UNTIL 10/16) 40.0 0.0 X 271872 0 42696 KRISTOFER LINDEMAN Treasurer (UNTIL 9/17) 1.0 43.5 X 0 223262 27353 THOMAS LINHARES CEO (UNTIL 12/16) 40.0 0.0 X 0 0 0 MICHAEL KOZIOL CFO (UNTIL 12/16) 40.0 0.0 X 0 0 0 WADE BROUGHMAN TREASURER (AS OF 9/17) 1.0 63.5 X 0 0 0 MICHAEL HYDER CHIEF MED OFF(UNT 5/16)/PHYS 40.0 0.0 X 630456 0 42196 COURTNEY IVES COO 40.0 0.0 X 242512 0 34706 RAYFORD KRUGER MD Physician 40.0 0.0 X 1018416 0 27810 DENNIS LAROCK PHYSICIAN 40.0 0.0 X 811759 0 42196 JAMES FINGLETON PHYSICIAN 40.0 0.0 X 900796 0 15950 DAVID GILLESPIE PHYSICIAN 40.0 0.0 X 835434 0 35628 RICHARD PIN PHYSICIAN 40.0 0.0 X 991277 0 42696 WARREN M WOOD MD FORMER PRESIDENT, EX-OFFICIO 40.0 0.0 X 771743 0 119046 LINDA BODENMANN FORMER CLERK/CEO 1.0 63.5 X 0 901239 165807 JEAN SMITH WHITE FORMER CFO 0.0 0.0 X 179393 0 24536 8999351 3890277 1237841 416 true true false JHD HEALTHCARE PARTNERS LLC 5055 KELLER ROAD SUITE 240 ADDISON TX 75001 CONSULTANTS 1663317 PST SERVICES INC PO BOX 742526 ATLANTA GA 303742526 CONTRACTED SERVICES 1003544 CURASCRIPT SPECIALTY DIST 255 TECHNOLOGY PARK LAKE MARY FL 32746 DELIVERY SOLUTIONS 878240 SYNERGY SURGICALISTS INC 280 W KAGY BLVD 320 BOZEMAN MT 59715 PHYSICIAN SERVICES 655523 OPTIMUM HEALTHCARE IT LLC 1300 MARSH LANDING PARKWAY SUITE 1 JACKSONVILLE FL 32250 INTERNET SERVICES 548345 62 0 PATIENT SERVICE REVENUE 621110 145688459 145688459 OTHER CLINICAL REVENUE 900099 34041516 34041516 179729975 0 0 0 119209 119209 0 119209 119209 0 0 0 0 0 0 0 0 0 0 0 179849184 179729975 119209 0 0 0 0 3637582 3637582 837985 837985 179750903 174074664 5676239 5486875 4961462 525413 13986506 11763381 2223125 8296779 7304296 992483 3899608 229756 3669852 74357 7680 66677 653971 43620 610351 0 0 0 1897389 898124 999265 177354 5738 171616 9454828 8595056 859772 25415 11091 14324 0 11045555 10357921 687634 431817 423401 8416 0 977036 805445 171591 1415 1364 51 0 3205980 2832995 372985 5831961 4508162 1323799 INTERCOMPANY CONTRACTED SERVIC 6334908 1023057 5311851 SPN MANAGEMENT FEES 171086 171086 DUES/MEMBERSHIPS/ LICENSES 572734 505440 67294 RENT/LEASE/REPAIR EQUIP 279921 267172 12749 606855 606855 257638820 229397766 28241054 0 3010890 811163 0 0 0 0 13723136 11027000 0 0 0 0 0 0 0 0 2650992 2105904 39444074 17666862 19379483 21777212 0 0 0 0 0 0 8555100 8555102 27965481 25859863 75285082 70136244 30449162 38577305 0 0 0 0 0 0 0 0 0 0 0 0 0 0 18391909 25847863 48841071 64425168 X 26444011 5711076 0 0 0 0 26444011 5711076 75285082 70136244 X -77789636 57056701 X false true X true false X 0 0 0 0 0 0 125281220 127437028 171039409 178169432 179729975 781657064 0 0 0 125281220 127437028 171039409 178169432 179729975 781657064 0 0 0 781657064 28193 15857 12787 96782 119209 272828 0 28193 15857 12787 96782 119209 272828 0 0 125309413 127452885 171052196 178266214 179849184 781929892 0.99965 0.99977 0.00035 0.00023 X 583450 583450 3154924 467302 2687622 19084958 5717349 13367609 13648603 11473801 2174802 2972139 8410 2963729 21777212 DUE FROM AFFILIATES 15667178 DEFERRED COMPENSATION 9124439 REINSURANCE RECOVERABLES 1068246 25859863 0 DEFERRED COMPENSATION 9124439 INSURANCE RESERVES 7921591 DUE TO AFFILIATES 8801833 25847863 PART X, LINE 2 SPG HAS ADOPTED FIN 48. THERE IS NO FOOTNOTE DISCLOSURE IN SHS' FISCAL SEPTEMBER 30, 2017 CONSOLIDATED AUDITED FINANCIAL STATEMENTS SINCE THE ADOPTION OF FIN 48 WAS NOT MATERIAL. X X X X false true false false false false false false false RAYFORD KRUGER MD Physician 700000 0 220672 0 97744 0 15600 0 12210 0 1046226 0 0 0 KEITH HOVAN PRESIDENT/EX-OFFICIO 0 1012000 0 331800 0 555362 0 290828 0 19704 0 2209694 0 186565 WARREN M WOOD MD FORMER PRESIDENT, EX-OFFICIO 228920 0 25352 0 517471 0 15600 88507 14939 0 802282 88507 106506 0 LINDA BODENMANN FORMER CLERK/CEO 0 599000 0 127941 0 174298 0 149717 0 16090 0 1067046 0 94530 MARGARET A FERRELL MD TRUSTEE, PHYSICIAN 248654 0 70000 0 320941 0 15600 0 23309 0 678504 0 0 0 PAUL B IANNINI MD TRUSTEE 0 620000 0 100000 0 146614 0 15900 0 16290 0 898804 0 0 DREW L NAHIGYAN MD TRUSTEE, PHYSICIAN 434118 0 110009 0 0 15600 0 22612 0 582339 0 0 0 ROBERT MCGOWEN MD TRUSTEE, PHYSICIAN 290000 0 18570 0 0 15600 0 24466 0 348636 0 0 0 RICHARD MILLER MD TRUSTEE, PHYSICIAN 596000 0 86250 0 171151 0 15600 114435 27277 0 896278 114435 71250 0 DENNIS LAROCK PHYSICIAN 500000 0 15823 0 295936 0 15600 0 26596 0 853955 0 0 0 JAMES FINGLETON PHYSICIAN 900000 0 672 0 124 0 15600 0 350 0 916746 0 0 0 DAVID GILLESPIE PHYSICIAN 750000 0 85434 0 0 15600 0 20028 0 871062 0 0 0 KRISTOFER LINDEMAN Treasurer (UNTIL 9/17) 0 215737 0 7525 0 0 0 7187 0 20166 0 250615 0 0 MICHAEL HYDER CHIEF MED OFF(UNT 5/16)/PHYS 630456 0 0 0 0 0 15600 0 26596 0 672652 0 0 0 RICHARD PIN PHYSICIAN 550000 0 357105 0 84172 0 15600 0 27096 0 1033973 0 0 0 COURTNEY IVES COO 242477 0 0 0 35 0 15002 0 19704 0 277218 0 0 0 CARLOS CORREIA MD TRUSTEE (UNTIL 10/16) 218375 0 44165 0 9332 0 15600 0 27096 0 314568 0 0 0 JEAN SMITH WHITE FORMER CFO 179393 0 0 0 0 0 9124 0 15412 0 203929 0 0 0 PART I, LINE 4B CERTAIN OFFICERS, DIRECTORS, AND KEY EMPLOYEES WHO ARE EMPLOYEES OF SOUTHCOAST PARTICIPATE IN SOUTHCOAST'S 457(F) SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. CONTRIBUTION CREDITS UNDER THE PLAN ARE INCLUDED IN SCHEDULE J, PART, II, COLUMN (C). ONLY UPON TERMINATIONS OF EMPLOYMENT DO FULLY VESTED PARTICIPANTS RECEIVE DISTRIBUTIONS FROM THE PLAN. CONTRIBUTIONS VEST THE EARLIER OF: JULY 1 OF THE 3RD CALENDAR YEAR FOLLOWING THE CALENDAR YEAR IN WHICH THE CONTRIBUTION CREDIT IS MADE; UPON REACHING AGE 62; DEATH; DISABILITY; OR INVOLUNTARY SEPARATION. THE AMOUNT REFLECTED IN SCHEDULE, J, PART II, COLUMN B(III) FOR THE FOLLOWING INDIVIDUALS INCLUDES THE VESTED PORTION OF CONTRIBUTIONS MADE TO THE PLAN WHICH ARE NO LONGER SUBJECT TO THE RISK OF FORFEITURE. PAUL IANNINI - $120,300 KEITH HOVAN - $213,562 LINDA BODENMANN - $118,433 RICHARD MILLER - $82,688 WARREN WOOD - $121,020 IN ADDITION TO THE ABOVE OUTLINED PLAN, THE FOLLOWING INDIVIDUALS ALSO HAVE SEPARATE SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLANS. KEITH HOVAN - SOUTHCOAST HOSPITAL GROUP, INC. ESTABLISHED AN EXECUTIVE BENEFIT PLAN FOR THE BENEFIT OF KEITH HOVAN. UNDER THE TERMS OF THE PLAN, A CONTRIBUTION CREDIT, INCLUDED IN SCHEDULE J, PART I, COLUMN (C) IS CREDITED TO HIS ACCOUNT ON A YEARLY BASIS. THE ACCOUNT BALANCE VESTS AS FOLLOWS: JUNE 30, 2013 -50%; JUNE 30, 2016 - 75% AND JUNE 30, 2018 - 100%. PURSUANT TO THE PLAN $359,089 WAS INCLUDED IN MR. HOVAN'S 2016 FORM W-2 AND SCH J, PART II, COLUMN B(III). LINDA BODENMANN - SOUTHCOAST HOSPITAL GROUP, INC. ESTABLISHED AN EXECUTIVE BENEFIT PLAN FOR THE BENEFIT OF LINDA BODENMANN. UNDER THE TERMS OF THE PLAN, A CONTRIBUTION CREDIT, INCLUDED IN SCHEDULE J, PART I, COLUMN (C) IS CREDITED TO HER ACCOUNT ON A YEARLY BASIS. THE ACCOUNT BALANCE VESTS AS FOLLOWS: DECEMBER 31, 2012 - 50%; DECEMBER 31, 2015 -75 %; AND THE DATE THE PARTICIPANT ATTAINS AGE 62 AND COMPLETES 3 YEARS OF FULL SERVICE WITH THE EMPLOYER BEGINNING ON JANUARY 1, 2008 - 100%. PURSUANT TO THE PLAN, $48,750 WAS INCLUDED IN MS. BODENMANN'S 2016 FORM W-2 AND SHC, J, PART II, COLUMN (B) (III). FORM 990, PART I, LINE 1 AND PART III, LINE 1 THE MISSION OF SOUTHCOAST PHYSICIANS GROUP, INC. (SPG) IS TO PROMOTE THE AVAILIBILITY OF HIGH QUALITY MEDICAL SERVICES IN SERVICE AREAS BY SHS AND ITS TAX EXEMPT AFFILIATES BY PROMOTING THE DEVELOPMENT OF AN EFFICIENT, INTEGRATED MEDICAL DELIVERY SYSTEM THAT WILL BETTER MEET THE NEEDS OF THE COMMUNITIES SERVED BY SOUTHCOAST NOW AND IN THE FUTURE BY ACQUIRING AND ESTABLISHING PHYSICIAN PRACTICES AND DEVELOPING MANAGED CARE SERVICES. FORM 990, PART III, LINE 4D The Southcoast Physician Group operates two Urgent Care facilities in the region. The urgent care facilities are located in Fairhaven and Wareham. Primary services offered in each of the facilities include an extensive variety of medical visits, RADIOLOGICAL EXAMS, and laboratory testing. The primary purpose of the Urgent Care facilities is to provide access to non-emergent MEDICAL SERVICES AT LOCATIONS AND TIME PERIODS THAT ARE CONVENIENT FOR PATIENTS IN SOUTHCOAST'S REGION. FORM 990, PART VI, SECTION A, LINE 3 SPG ENGAGED JHD HEALTHCARE PARTNERS, LLC, TO PROVIDE PRACTICE MANAGEMENT SERVICES IN FISCAL YEAR 2017. JHD PROVIDED CEO AND CFO SERVICES TO SPG BEGINNING JANUARY 2015 THROUGH DECEMBER 2016. FORM 990, PART VI, SECTION A, LINE 6 SOUTHCOAST HEALTH SYSTEM, INC. (SHS) SPG'S PARENT CORPORATION, IS THE SOLE CORPORATE MEMBER OF SPG. FORM 990, PART VI, SECTION A, LINE 7A AND 7B SHS ELECTS THE TRUSTEES AND DIRECTORS OF SPG AND EXERCISES SPECIFIED RESERVED POWERS OVER SPG. FORM 990, PART VI, SECTION A, LINE 7B SPG IS ORGANIZED AND OPERATES TO CARRY OUT AND FURTHER THE TAX EXEMPT PURPOSES OF ITS NON-PROFIT AFFILIATE, SOUTHCOAST HOSPITALS GROUP, INC, ("SOUTHCOAST") BY CARING FOR AND IMPROVING THE HEALTH AND PROMOTING THE WELLNESS OF THE PEOPLE IN THE COMMUNITIES SERVED BY THE HOSPITALS GROUP. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION PREPARES THE FORM 990 WITH THE ASSISTANCE OF A PAID PREPARER. THE GOVERNING BOARD OF SHS, THE SOLE CORPORATE MEMBER OF SPG, REVIEWS FORM 990 AND ITS RELATED SCHEDULES PRIOR TO FILING. THE REVIEW IS PERFORMED BY THE GOVERNING BOARD AS IT PROVIDES OVERSIGHT FOR COMPENSATION AND CONFLICT OF INTEREST MATTERS ON ITS OWN BEHALF AND ON BEHALF OF ITS AFFILIATES ON A SYSTEM-WIDE BASIS. A COMPLETE COPY OF THE FORM 990 AND ITS SCHEDULES ARE POSTED TO THE SHS BOARD'S WEBSITE PORTAL FOR ALL BOARD MEMBERS TO REVIEW, MAKE INQUIRIES, AND HAVE ANY ADJUSTMENTS MADE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C SHS HAS CONFLICT OF INTEREST, LEGAL COMPLIANCE AND CODE OF CONDUCT POLICIES THAT APPLY TO ALL TRUSTEES, OFFICERS, DIRECTORS AND EMPLOYEES (REFERRED TO AS "MEMBERS")OF SPG. ON AN ANNUAL BASIS, EACH MEMBER WILL COMPLETE THE CONFLICT OF INTEREST QUESTIONNAIRE WHICH AFFIRMS THAT EACH PERSON HAS: (1) RECEIVED A COPY OF THE POLICY; (2) READ AND UNDERSTOOD THE POLICY; (3) AGREED TO COMPLY WITH THE POLICY, AND (4) UNDERSTOOD THAT THE SYSTEM ENTITIES ARE CHARITABLE ORGANIZATIONS AND THAT TO MAINTAIN THEIR FEDERAL TAX EXEMPTION, SUCH ENTITIES MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. TO ENSURE THE SYSTEM OPERATES IN A MANNER CONSISTENT WITH ITS CHARITABLE PURPOSES, DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS STATUS AS AN ORGANIZATION EXEMPT FROM FEDERAL TAXATION, AND IN CONNECTION WITH ITS COMPLIANCE PROGRAM, SYSTEM'S MANAGEMENT SHALL CONDUCT PERIODIC REVIEWS OF THE CONFLICT OF INTEREST POLICY AND THE OPERATION AND APPLICATION OF IT. MEMBERS SHALL DISCLOSE ANY INTERESTS OR ACTIVITIES IN WHICH THEY ARE INVOLVED OR BECOME INVOLVED THAT DO RESULT, OR MAY APPEAR TO RESULT IN A CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST AND SHALL COMPLY WITH, AND MAKE ALL REQUIRED DISCLOSURES UNDER THE CONFLICTOF INTEREST POLICY PRIOR TO COMMENCING, CONTINUING, OR CONSUMMATING ANY ACTIVITY OR TRANSACTION WHICH RAISES A CONFLICT OF INTEREST OR A POTENTIAL CONFLICT OF INTEREST. EACH MEMBER IS UNDER AN ONGOING DUTY TO UPDATE AND KEEP CURRENT THE INFORMATION CONTAINED IN THEIR QUESTIONNAIRE. AT LEAST ANNUALLY, OR AS NECESSARY BASED ON DISLCOSURES, THE GENERAL COUNSEL WILL SUMMARIZE AND REPORT ALL DISCLOSURES TO THE PRESIDENT AND CEO AND THE CHAIRMAN OF THE BOARD OF TRUSTEES (OR HIS/HER DESIGNEE). UPON DISCLOSURE OF FINANCIAL OR NON-FINANCIAL INTERESTS ("INTERESTS") AND ALL MATERIAL FACTS RELATED THERETO BY MEMBER OR AN INTERESTED PERSON, THE CHAIR OF THE SYSTEM'S GOVERNANCE COMMITTEE SHALL DETERMINE IN CONJUNCTION WITH THE GENERAL COUNSEL WHETHER A CONFLICT OF INTERESTS EXISTS. THE GOVERNANCE COMMITTEE CAN CONTINUE TO DISCUSS THE ISSUE WITH THE MEMBER OR INTERESTED PERSON TO CLARIFY OR OBTAIN ADDITIONAL INFORMATION. HOWEVER, BEFORE THE GOVERNANCE COMMITTEE DISCUSSES OR DETERMINES WHETHER THE MEMBER OR OTHER INTERESTED PERSON'S INTERESTS CONSTITUTE A CONFLICT OF INTEREST, THE MEMBER OR INTERESTED PERSON MUST LEAVE THE MEETING. IN THE EVENT THE INTEREST INVOLVES THE CHAIR OR CEO, THE REMAINING GOVERNANCE COMMITTEE MEMBERS SHALL APPOINT ONE OR MORE DISINTERESTED TRUSTEES TO MAKE SUCH A DETERMINATION. ONCE THE DETERMINATION OF THE CONFLICT OF INTEREST IS MADE BY THE GOVERNANCE COMMITTEE, SUCH DETERMINATION, ALONG WITH APPROPRIATE MITIGATION PLANS, WILL BE SUBMITTED BY THE GOVERNANCE COMMITTEE FOR REVIEW AND APPROVAL. IF ANY BOARD OR BOARD COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT A MEMBER HAS FAILED TO DISCLOSE AN ACTUAL CONFLICT OF INTEREST OR A POTENTIAL CONFLICT OF INTEREST, IT SHALL INFORM SUCH PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORD SUCH A MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE IT. IF, AFTER HEARING THE RESPONSE OF SUCH PERSON AND MAKING FURTHER INQUIRY OR INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD OR BOARD COMMITTEE DETERMINES THAT SUCH PERSON HAS IN FACT FAILED TO DISLCOSE AN ACTUAL CONFLICT OF INTEREST OR A POTENTIAL CONFLICT OF INTEREST, THE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION SHALL BE TAKEN. FORM 990, PART VI, SECTION B, LINE 15 FOR ITS PHYSICIAN EMPLOYEES, COMPENSATION IS REVIEWED AND APPROVED UPON EMPLOYMENT OR ADJUSTMENT OR AT LEAST ANNUALLY BY A COMMITTEE OF THE BOARD COMPRISED OF ALL NON-PHYSICIAN TRUSTEES. AS PART OF THE REVIEW, AN INDEPENDENT PHYSICIAN COMPENSATION CONSULTANT IS ENGAGED TO EXPRESS A FAIR MARKET VALUE OPINION ON OFFERS OF EMPLOYMENT OR FOR SALARY ADJUSTMENTS FOR ALL EXPERIENCED PHYSICIANS AND ASSIST IN THE DEVELOPMENT OF SALARY RANGES FOR PHYSICIANS BEING EMPLOYED WHO HAVE RECENTLY GRADUATED FROM TRAINING PROGRAMS. THE CONSULTANT USES SAFE-HARBOR GUIDELINES SET BY THE FEDERAL LEGISLATION OR DEVELOPED BY FEDERAL AGENCIES IN FORMULATING THE OPINIONS AND DEVELOPING THE SALARY RANGES. FORM 990, PART VI, SECTION C, LINE 19 SPG MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY PROVIDING THEM UPON REQUEST. PART XI, LINE 9 TRANSFERS AMONG AFFILIATES $57,100,000 NON-OPERATING INTEREST & DIVIDEND INCOME ($43,299) ___________ TOTAL $57,056,701 Southcoast Health System Inc 101 Page Street New Bedford MA 02740 042794625 SUPP SHG MA 501(c)(3) 12,Type I NA false Southcoast Hospitals Group Inc 101 Page Street New Bedford MA 02740 222592333 Acute care MA 501(c)(3) 3 SHS true Southcoast Ventures Inc 101 Page Street New Bedford MA 02740 043003172 PHYS SERV MA 501(c)(3) 12,Type I SHS true CHARLTON LONG TERM CARE SERVICES INC 363 Highland Ave Fall River MA 02720 043109579 SUPP SHG MA 501(c)(3) 12,Type I SHS true Southcoast Visiting Nurse Associati 200 Mill Rd Fairhaven MA 02719 042105745 Home care MA 501(c)(3) 10 SHS true ST LUKE'S NURSING HOME INC 101 PAGE STREET NEW BEDFORD MA 02740 042984542 INACTIVE MA 501(c)(3) 12,TYPE I SHS true Coastline Professional Assurance Co PO Box Grand Cayman CJ 980445031 Insurance CJ SHS CORP true Southcoast Physicians Network Inc 101 Page Street New Bedford MA 02740 450568782 IPA MA SHS CORP true Health Management Initiatives Inc 363 Highland Ave Fall River MA 02720 042998712 Comm Rental MA SHS CORP true false false false false false false false false false true true false true false true true true false true Southcoast Hospitals Group Inc K 1694749 CASH Southcoast Hospitals Group Inc O 1346823 CASH Southcoast Hospitals Group Inc Q 27210156 CASH Southcoast Hospitals Group Inc P 4566952 CASH Health Management Initiatives K 130584 CASH Southcoast Ventures Inc K 67469 CASH Southcoast Visiting Nurses Assoc Inc Q 52516 CASH Southcoast Visiting Nurses Assoc Inc P 202639 CASH Southcoast Physicians Network S 2714683 CASH Southcoast Physicians Network M 171086 CASH Coastline Professional Assurance Corp P 5156996 CASH