2016-08-15T13:59:17-05:00 2015-09-30 721202445 POSTLETHWAITE & NETTERVILLE 8550 UNITED PLAZA BLVD SUITE 1001 BATON ROUGE LA 70809 990 2014-10-01 581711612 BIOMEDICAL RESEARCH FOUNDATION OF NORTHWEST LOUISIANA BIOM 3187164111 POST OFFICE BOX 38050 SHREVEPORT LA 711338050 JAMES D DEAN EXECUTIVE VP & COO 3187164100 2016-08-15 1 JON LEBLANC P01525561 2259224600 2014 2016-09-27 15:27:22Z JOHN F GEORGE MD POST OFFICE BOX 38050 SHREVEPORT LA 711338050 564987832 0 X WWW.BRFLA.ORG X 1986 LA PROMOTE AND DEVELOP PRIVATE AND PUBLIC SUPPORT AND COLLABORATION FOR A KNOWLEDGE-BASED REGIONAL ECONOMIC DEVELOPMENT STRATEGY; COLLABORATION WITH AND SUPPORT FOR LSU HEALTH SHREVEPORT; PEOPLE, RESEARCH, EDUCATION, FACILITIES, FUNDING AND OTHER RESOURCES NEEDED FOR TECHNOLOGY AND BUSINESS INNOVATION. 17 16 3760 0 0 0 53679830 19341964 443755871 539398353 235864 678804 4871307 5568711 502542872 564987832 175134 197083 0 0 192111801 202678689 0 0 53021 311482570 347649724 503769505 550525496 -1226633 14462336 314463049 382209333 268264071 323022076 46198978 59187257 X PROMOTE AND DEVELOP PRIVATE AND PUBLIC SUPPORT AND COLLABORATION FOR A KNOWLEDGE-BASED REGIONAL ECONOMIC DEVELOPMENT STRATEGY; COLLABORATION WITH AND SUPPORT FOR LSU HEALTH SHREVEPORT; PEOPLE, RESEARCH, EDUCATION, FACILITIES, FUNDING AND OTHER RESOURCES NEEDED FOR TECHNOLOGY AND BUSINESS INNOVATION. 0 0 533435679 197083 526400548 PATIENT SERVICES INCLUDING PROVIDING STATE-OF-THE-ART CLINICAL CARE, INCLUDING A RANGE OF TERTIARY SPECIAL SERVICES, TO AN ENLARGING AND DIVERSE REGIONAL BASE OF PATIENTS, AS WELL AS ACHIEVING DISTINCTION AND INTERNATIONAL RECOGNITION FOR BASIC SCIENCE AND CLINICAL RESEARCH PROGRAMS THAT CONTRIBUTE TO THE BODY OF KNOWLEDGE AND PRACTICE IN SCIENCE AND MEDICINE. 5610468 3655066 OPERATED A POSITRON EMISSION TOMOGRAPHY IMAGING CENTER AND A RELATED RADIOPHARMACEUTICAL PRODUCTION FACILITY WHICH SERVED 1,705 PATIENTS DURING THE YEAR, OF WHICH 782 WERE FREE OR SUBSTANTIALLY DISCOUNTED FOR INDIGENT PERSONS. THE CENTER ALSO WORKED WITH VARIOUS NATIONAL COMPANIES TO SUPPORT CLINICAL AND PRO-CLINICAL TRIALS. THE CGMP RADIOPHARMACEUTICAL MANUFACTURING FACILITY IS CAPABLE OF PRODUCING DIFFERENT RADIOPHARMACEUTICALS AND PROVIDES RADIOPHARMACEUTICALS TO OTHER SCANNERS IN THE REGION. 5800287 9342739 OPERATED A TEN STORY, 160,000 SQ FT RESEARCH FACILITY HOUSING 56 STATE-OF-THE-ART WET LABS, AN ANIMAL CARE FACILITY, A POSITRON EMISSION TOMOGRAPHY (PET) IMAGING CENTER AND RELATED ADMINISTRATIVE OFFICES. THE 56 WET LABS AND ANIMAL FACILITY ARE LEASED TO LSUHSC-S TO SUPPORT ITS BASIC SCIENCE RESEARCH PROGRAM. THE PET CENTER PROVIDES IMAGING TO SUPPORT PATIENTS OF LSUHSC-S AND THE REGIONAL MEDICAL COMMUNITY AS WELL AS SUPPORT FOR THE ANIMAL IMAGING PROGRAM AT LSUHSC-S. THE RESEARCH FACILITY PROVIDED ESSENTIAL RESEARCH SPACE NEEDED TO SUPPORT THE ACQUISITION OF LSUHSC-S EXTRAMURAL FUNDING. 2503227 5525519 CONDUCTED ACTIVITIES RELATED TO THE ESTABLISHMENT OF A SCIENCE & TECHNOLOGY BUSINESS PARK INCLUDING SUPPORT FOR SCIENTIFIC ECONOMIC DEVELOPMENT PROJECTS, WORKFORCE DEVELOPMENT AND EDUCATION. PROVIDED FINANCIAL AND PROGRAMMATIC ASSISTANCE TO PROSPECTIVE PARK TENANTS. PROVIDED LAND FOR DEVELOPMENT INCLUDING ENVIRONMENTAL REMEDIATION. OPERATED 69,000 SQ FT OF WET LAB INCUBATOR. MAINTAINED MULTIPLE LEASED PROPERTIES, INCLUDING A 33,000 SQ FT CGMP MANUFACTURING FACILITY. INTERTECH SCIENCE PARK CURRENTLY HOSTS 22 COMPANIES AND INSTITUTIONS IN 13 FACILITIES OWNED AND OPERATED BY BRF. THESE COMPANIES EMPLOY 456 PEOPLE PROVIDING A TOTAL ANNUAL PAYROLL OF OVER $23.8M FOR THE COMMUNITY. AVERAGE ANNUAL SALARY IS OVER $52,000, COMPARED TO THE AVERAGE PER CAPITA SHREVEPORT INCOME OF $24,202. INTERTECH ACTIVITIES ALSO INCLUDE SUPPORT FOR SIX K-12 AND HIGHER EDUCATION PROGRAMS.THE ENTREPRENEURIAL ACCELERATOR PROGRAM PROVIDES SERVICES AND RESOURCES TO SUPPORT THE CREATION OF THE INNOVATION ECOSYSTEM IN NORTHWEST LOUISIANA. THE PURPOSE OF THE EAP IS TO SUPPORT HIGH-GROWTH START-UP COMPANIES IN LOUISIANA BY MATCHING INVESTORS WITH MARKETABLE IDEAS THAT SOLVE PROBLEMS. THE EAP TEAM, CONSISTS OF BRF STAFF, ANGEL INVESTORS, BUSINESS ANALYSTS, SUBJECT MATTER EXPERTS, AND LEGAL AND FINANCIAL CONSULTANTS. PARTNERS INCLUDE HIGHER EDUCATION INSTITUTIONS, ECONOMIC DEVELOPMENT ORGANIZATIONS AND GOVERNMENT ENTITIES.THE DIGITAL MEDIA INSTITUTE PREPARES ITS STUDENTS FOR EMPLOYMENT IN THE REAL WORLD. UTILIZING A "LEARN BY DOING" APPROACH, THE INSTRUCTORS AND ADMINISTRATORS CREATE AN ATMOSPHERE THAT FACLIITATES REAL-WORLD SCENARIOS DESIGNED TO EDUCATE STUDENTS IN A PROJECT-BASED FORMAT THAT ACCURATELY MIMICS THE PRESSURES AND DEADLINES SIMILAR TO THOSE THEY WILL FACE UPON GRADUATION. THE ONE-YEAR INTENSIVE PROGRAM GIVES STUDENTS IMMERSIVE TRAINING AND ACCESS TO OPPORTUNITIES IN THE DIGITAL MEDIA INDUSTRY THAT ARE SPECIFICALLY FOCUSED ON ANIMATION AND VISUAL EFFECTS. STUDENTS WHO COMPLETE THE COURSE LEAVE THE PROGRAM WITH EXTENSIVE TRAINING IN INDUSTRY-STANDARD PROGRAMS AND APPLICATIONS. STUDENTS WHO GIVE THEIR FULL EFFORT LEAVE THE PROGRAM WITH A PORTFOLIO THAT CAN BE USED IN INTERVIEWS AND DEMO REELS. 2503227 5525519 547349661 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 173 0 1 3760 1 0 0 0 0 0 0 0 0 0 0 X 17 16 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X X THE ORGANIZATION 3187164111 POST OFFICE BOX 38050 SHREVEPORT LA 711338050 ARLENA ACREE DIRECTOR 1.00 X 0 0 0 ARTHUR THOMPSON TREASURER 1.00 X 0 0 0 BERNARD KIMBLE DIRECTOR 1.00 X 0 0 0 BILLY MONTGOMERY DIRECTOR 1.00 X 0 0 0 BONNIE MOORE DIRECTOR 1.00 X 0 0 0 CURTIS R JOSEPH JR DIRECTOR 1.00 X 0 0 0 DR JUAN WATKINS DIRECTOR 1.00 X 0 0 0 KATHY FRENCH DIRECTOR 1.00 X 0 0 0 LENNIS S ELSTON DIRECTOR 1.00 X 0 0 0 LINDA C SELL DIRECTOR 1.00 X 0 0 0 MALCOLM MURCHISON VICE CHAIRMAN 2.00 X 0 0 0 R KEITH BERGERON PAST CHAIRMAN 1.00 X 0 0 0 ROY L GRIGGS DIRECTOR 1.00 X 0 0 0 STEPHEN F SKRIVANOS CHAIRMAN 4.00 X 0 0 0 TERRY MOORE DIRECTOR 1.00 X 0 0 0 WILLIE C WHITE III SECRETARY 1.00 X 0 0 0 DR JOHN F GEORGE JR DIRECTOR/PRESIDENT/CEO 50.00 X 249669 0 3522 JAMES DEAN EXECUTIVE VP AND COO 50.00 X 256842 0 23203 JAY MEYERS VP FOR EXTERNAL AFFAIRS 50.00 X 118009 0 16401 AMOL TAKALKAR MEDICAL DIRECTOR 50.00 X 298762 0 28850 PRADEEP GARG EXECUTIVE DIRECTOR 50.00 X 380478 0 27384 SUDHA GARG DIRECTOR OF RADIOPHARMACEUTICAL SCIENCES 50.00 X 219522 0 19792 1523282 0 119152 117 0 1 0 CONIFER HEALTH SOLUTIONS LLC 3560 DALLAS PARKWAY FRISCO TX 75034 BILLING AND COLLECTION SERVICES 9332878 ALVAREZ AND MARSEL HEALTHCARE INDUSTRY G 600 MADISON AVENUE 8TH FLOOR NEW YORK NY 10022 MANAGEMENT CONSULTING 2824437 PRECYSE SOLUTIONS LLC 1275 DRUMMERS LANE WAYNE PA 19087 MEDICAL CODING SERVICES 1512434 SURGICAL SOLUTIONS 702A BARRETT BLVD HENDERSON KY 42420 CONSULTING SERVICES 1062240 KH ACQUISITIONS LLC (KAUFMAN HALL & ASS 5202 OLD ORCHARD RD STE N700 SKOKIE IL 60077 CONSULTING SERVICES 961312 26 1678559 17663405 19341964 PATIENT SERVICE 541900 265645401 265645401 DISPRO SHARE HOSPITAL FUNDING 541900 260755147 260755147 RENTAL INCOME 531120 9342739 9342739 POSITRON EMISSION TOMOGRAPHY 541900 2372358 2372358 RADIOPHARMACEUTICAL SALES 541900 1282708 1282708 539398353 678804 678804 CPC MILLAGE 900099 3163640 3163640 OTHER OPERATING REVENUE 900099 2361879 2361879 INVESTMENT - MINERAL INTEREST 523000 43192 43192 5568711 564987832 544923872 0 721996 X 197083 197083 1145788 68555 1074774 2459 175427826 174806282 617548 3996 167032 137260 29536 236 13298457 13209205 88831 421 12639586 12566265 72854 467 350464 350464 54378 45716 8662 26911 26911 337232 337232 32425 32425 142192499 141788634 403865 829941 606336 213197 10408 2727560 2693119 33969 472 282219 167238 113298 1683 39319228 39319228 119464 99891 19501 72 443427 438697 4730 1407585 1404184 3401 5600521 5598494 2027 -734322 -740532 6187 23 SUPPLIES AND OTHER EXPE 109150963 109095726 54878 359 REPAIRS AND MAINTENANCE 13700242 13698302 1940 LICENSES, DUES AND SUBS 9226306 9226306 EQUIPMENT LEASING 8595378 8585905 9473 13987303 13987303 550525496 547349661 3122814 53021 15953972 8497705 216209822 285531467 5304917 6882182 7648698 2895760 116234315 46351244 60552794 69883071 7072223 6798525 1720623 1720623 314463049 382209333 90724735 105233984 139730203 181824688 37166863 35149126 642270 814278 268264071 323022076 X 44238592 57013940 239763 452694 1720623 1720623 46198978 59187257 314463049 382209333 X 14462336 -1313384 -160673 X X 0 1 X 1 0 X 3873705 3602504 2865443 1679830 2328669 14350151 2500000 2500000 2245560 2344756 3163640 12753956 6373705 6102504 5111003 4024586 5492309 27104107 27104107 73153 937203 691684 765837 721996 3189873 30293980 1018152401 0.89470 0.84480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 61423 1 38738 1 98499 0 1 64019 1 20614 1 53939 337232 0 PART II-B, LINE 1: THE BIOMEDICAL RESEARCH FOUNDATION PARTICIPATED IN ACTIVITIES TO RENEW A PROPERTY TAX FROM THE CITIZENS OF CADDO PARISH, LOUISIANA TO SUPPORT THE FOUNDATION'S ECONOMIC DEVELOPMENT ACTIVITIES AND MISSION. THE RENEWAL OCCURS ONCE EVERY 15 YEARS WHICH CAUSES OUR EXPENDITURES FOR THIS PURPOSE TO BE LARGER THAN FOR A NORMAL TAX YEAR. THE PROPERTY TAX VOTE OCCURRED ON MAY 2, 2015 AND WAS RENEWED BY THE CITIZENS OF CADDO PARISH THROUGH 2032. PRIOR TO THE ELECTION, THE FOUNDATION WAS INVOLVED IN ACTIVITIES TO COMMUNICATE WHAT HAD BEEN ACCOMPLISHED SINCE THE LAST TIME THE PROPERTY TAX WAS RENEWED IN 2001. THIS INCLUDED SUCH ACTIVITIES AS MAILINGS, TV SPOTS, PHONE CALLS, SOCIAL MEDIA AND INTERNET APPEALS AND SPEECHES. SCHEDULE C, PART II-B, LINE 1I OTHER EXPENSES INCLUDE WEBSITE DESIGN AND DEVELOPMENT, SOCIAL MEDIA, ON-LINE ADVERTISING 1720623 1720623 1720623 1720623 1731624 80806 91806 1720624 1771780 196762 236918 1731624 1788780 14414 31414 1771780 1.00000 1 0 7775240 7775240 67166204 25840931 41325273 41292871 20510313 20782558 69883071 ASSET RETIREMENT LIABILITY 186287 DERIVATIVE LIABILITY 627991 814278 X 563674448 -1313384 -1313384 564987832 0 564987832 550525496 0 550525496 0 550525496 PART V, LINE 4: PERMANENT ENDOWMENT IS HELD TO SUPPORT ANY ACTIVITY OF THE ORGANIZATION. PART X, LINE 2: THE ORGANIZATION APPLIES THE ACCOUNTING GUIDANCE RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WHICH SETS OUT A CONSISTENT FRAMEWORK TO DETERMINE THE APPROPRIATE LEVEL OF TAX RESERVES TO MAINTAIN FOR UNCERTAIN TAX POSITIONS. THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE RECORDED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. CHANGES IN THE RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. THE ORGANIZATION HAS EVALUATED ITS POSITION REGARDING ACCOUNTING FOR UNCERTAIN INCOME TAX POSITIONS AND DOES NOT BELIEVE THAT IT HAS ANY MATERIAL UNCERTAIN TAX POSITIONS. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL, STATE, OR LOCAL TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE SEPTEMBER 30, 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: NET UNREALIZED LOSSES ON INVESTMENTS -1,313,384. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE RACIALLY NONDISCIMINATORY POLICY HAS NOT PREVIOUSLY BEEN INCLUDED IN ADVERTISING. HOWEVER, THE STATEMENT IS INCLUDED IN THE STUDENT HANDBOOK WHICH ALL INCOMING STUDENTS MUST READ AND SIGN. THE RECRUITING EFFORTS FOR THE GENERAL COMMUNITY ARE DESIGNED TO RECRUIT STUDENTS OF ALL SOCIAL AND ECONOMIC ORIGINS. 1 1 X 1 X 1 X 1 1 0 1 1 79382245 59840720 19541525 0.03550 230089254 268250136 -38160882 0.00000 8903784 3956085 4947699 0.00900 318375283 332046941 -13671658 0.04450 25858431 4179315 21679116 0.03940 63485692 48869839 14615853 0.02650 89344123 53049154 36294969 0.06590 407719406 385096095 22623311 0.11040 1 10152394 8675498 86519028 82954492 3564536 X 1 1 1 1 BRFHH SHREVEPORT AND MONROE CAMPUSES 1501 KINGS HWY SHREVEPORT LA 71103 X X X X BRFHH SHREVEPORT & MONROE CAMPUSES 0 1 0 0 1 X 200.000000000000 300.000000000000 X X X X X X X 1 1 X X X 1 X HTTP://UHSYSTEM.COM X HTTP://UHSYSTEM.COM X X X 1 X 0 X X X X 1 X 0 0 BRFHH SHREVEPORT & MONROE CAMPUSES PART V, SECTION B, LINE 2: BRFHH AND BRF ENTERED INTO A COOPERATIVE ENDEAVOR AGREEMENT WITH THE LOUISIANA STATE UNIVERSITY BOARD OF SUPERVISORS AND THE STATE OF LOUISIANA ON SEPTEMBER 30, 2013. BRFHH SHREVEPORT & MONROE CAMPUSES PART V, SECTION B, LINE 13H: FAMILY SIZE AND DEPENDENTS BRFHH SHREVEPORT & MONROE CAMPUSES PART V, SECTION B, LINE 18D: THE ORGANIZATION USED PARO DATABASE TO DETERMINE PATIENTS ELIGIBILITY FOR PRESUMPTIVE CHARITY. BRFHH SHREVEPORT & MONROE CAMPUSES PART V, SECTION B, LINE 22D: THE ORGANIZATION DETERMINED NO ELIGIBLE PAITENT WILL PAY MORE THAN 50% OF TOTAL CHARGES. PART V, SECTION B, LINE 16 FINANCIAL ASSISTANCE POLICY WEBSITE AVAILABILITY BRFHH SHREVEPORT & MONROE CAMPUSES PART V, SECTION B, LINE 16A WEBSITE: HTTP://UHSYSTEM.COM BRFHH SHREVEPORT & MONROE CAMPUSES PART V, SECTION B, LINE 16B WEBSITE: HTTP://UHSYSTEM.COM 6 FEIST WEILLER 1405 KINGS HIGHWAY SHREVEPORT LA 71104 CLINIC AMBULATORY CARE CENTER 1606 KINGS HIGHWAY SHREVEPORT LA 71130 CLINIC WOMEN AND CHILDRENS 1602 KINGS HIGHWAY SHREVEPORT LA 71130 CLINIC OPTHALMOLOGY CLINIC 1420 KINGS HIGHWAY SHREVEPORT LA 71103 CLINIC VIRAL DISEASE CLINIC 6670 ST VINCENT AVE SHREVEPORT LA 71106 CLINIC FAMILY MEDICINE CLINIC 1023 PROVENANCE PLACE BLVD STE 100 SHREVEPORT LA 71106 CLINIC PART I, LINE 3C: THE ORGANIZATION USED THE FEDERAL POVERTY GUIDELINES AS A FACTOR TO DETERMINE ELIGIBILITY FOR PROVIDING 'FREE AND 'DISCOUNTED' CARE. THE ORGANIZATION DETERMINES 'DISCOUNTED' CARE FOR TWO LEVELS, AS LISTED BELOW:FREE CARE - FAMILY INCOME LIMIT = UNDER 200% OF POVERTY LEVELDISCOUNTED CARE, LEVEL 1 - FAMILY INCOME LIMIT = UNDER 250% OF POVERTY LEVEL DISCOUNTED CARE, LEVEL 2 - FAMILY INCOME LIMIT = UNDER 300% OF POVERTY LEVEL PART I, LINE 6A: THE ORGANIZATION BRF HOSPITAL HOLDINGS, LLC 46-3179229 FILES A PARTNERSHIP SCORECARD QUARTERLY WITH THE LOUISIANA STATE UNIVERSITY REGARDING ACCOMPLISHMENTS EACH QUARTER AND POPULATION SERVED AS PART OF ITS COOPERATIVE ENDEAVOR AGREEMENT. LINK IS LOCATED AT HTTP://LSU.EDU/BOS/HOSPITAL-CEAS.PHP PART III, LINE 2: BRFHH PROVIDES CREDIT IN THE NORMAL COURSE OF OPERATIONS TO PATIENTS LOCATED PRIMARILY IN NORTHERN LOUISIANA AND SURROUNDING AREAS AND TO THIRD PARTY PAYORS CONDUCTING OPERATIONS IN THESE AREAS.BRFHH MAINTAINS ALLOWANCES FOR CONTRACTUAL ADJUSTMENTS, DOUBTFUL ACCOUNTS, AND CHARITY CARE BASED ON MANAGEMENT'S ASSESSMENT OF COLLECTABILITY, CURRENT ECONOMIC CONDITIONS, AND PRIOR EXPERIENCE. BRFHH DETERMINES IF PATIENT ACCOUNTS RECEIVABLE ARE PAST-DUE BASED ON THE DISCHARGE DATE; HOWEVER, BRFHH DOES NOT CHARGE INTEREST ON PAST-DUE ACCOUNTS. BRFHH CHARGES OFF PATIENT ACCOUNTS RECEIVABLE IF MANAGEMENT CONSIDERS THE COLLECTION OF THE OUTSTANDING BALANCES TO BE DOUBTFUL.IN EVALUATING THE COLLECTABILITY OF ACCOUNTS RECEIVABLE, BRFHH ANALYZES ITS PAST HISTORY AND IDENTIFIES TRENDS FOR EACH OF ITS MAJOR PAYOR SOURCES TO ESTIMATE THE APPROPRIATE ALLOWANCE FOR DOUBTFUL ACCOUNTS AND PROVISION FOR BAD DEBTS. MANAGEMENT REGULARLY REVIEWS DATA ABOUT THESE MAJOR PAYOR SOURCES IN EVALUATING THE SUFFICIENCY OF THE ALLOWANCE FOR DOUBTFUL ACCOUNTS. FOR RECEIVABLES ASSOCIATED WITH SERVICES PROVIDED TO PATIENTS WHO HAVE THIRD PARTY COVERAGE, BRFHH ANALYZES CONTRACTUALLY DUE AMOUNTS AND PROVIDES AN ALLOWANCE FOR DOUBTFUL ACCOUNTS IF NECESSARY. FOR RECEIVABLES ASSOCIATED WITH SELF-PAY PATIENTS (WHICH INCLUDES BOTH PATIENTS WITHOUT INSURANCE AND PATIENTS WITH DEDUCTIBLE AND COPAYMENT BALANCES DUE FOR WHICH THIRD-PARTY COVERAGE EXISTS FOR PART OF THE BILL), BRFHH RECORDS A SIGNIFICANT PROVISION FOR BAD DEBTS IN THE YEAR OF SERVICE ON THE BASIS OF ITS PAST EXPERIENCE. THE DIFFERENCE BETWEEN THE AMOUNTS BILLED AND THE AMOUNTS ACTUALLY COLLECTED AFTER ALL REASONABLE COLLECTION EFFORTS HAVE BEEN EXHAUSTED IS CHARGED OFF AGAINST THE ALLOWANCE FOR DOUBTFUL ACCOUNTS. PART III, LINE 4: THE BAD DEBT EXPENSE FOOTNOTE IS CONTAINED ON PAGES 9-10 OF THE ATTACHED FINANCIALS STATEMENTS. PART III, LINE 8: DURING THE SECOND YEAR OF OPERATIONS, WE HAVE BEEN SUCCESSFUL IN DECREASING COSTS ACROSS OUR HEALTH CARE SYSTEM. ADDITONALLY, DUE TO THE VOLUME OF DISPROPORTIONATE SHARE PATIENTS WE TREAT AT THIS SAFETY NET HOSPITAL, WE RECEIVE A SUBSTANTIAL AMOUNT OF MEDICARE DISPROPORTIONATE SHARE PAYMENTS. PART VI, LINE 2: THE HOSPITAL FACILITIES OWNED AND OPERATED BY BIOMEDICAL RESEARCH FOUNDATION OF NORTHWEST LOUISIANA ARE IN THE PROCESS OF CONDUCTING THEIR INITIAL COMMUNITY HEALTH NEEDS ASSESSMENTS AS REQUIRED BY THE AFFORDABLE CARE ACT. THE TWO HOSPITALS (UNIVERSITY HEALTH SHREVEPORT AND UNIVERSITY HEALTH-MONROE) WERE TRANSFERRED UNDER A COOPERATIVE ENDEAVOR AGREEMENT TO BIOMEDICAL RESEARCH FOUNDATION OF NORTHWEST LOUISIANA ON OCTOBER 1, 2013. PER FINAL 501(R)(3) REGULATIONS ISSUED BY THE IRS, A HOSPITAL ORGANIZATION THAT ACQUIRES A HOSPITAL FACILITY (WHETHER THROUGH MERGER OR ACQUISITION) MUST MEET THE REQUIREMENTS OF SECTION 501(R)(3) WITH RESPECT TO THE ACQUIRED HOSPITAL FACILITY BY THE LAST DAY OF THE ORGANIZATIONS SECOND TAXABLE YEAR BEGINNING AFTER THE DATE ON WHICH THE HOSPITAL FACILITY WAS ACQUIRED. PER THESE REGULATIONS, THE INITIAL COMMUNITY HEALTH NEEDS ASSESSMENT WILL NEED TO BE COMPLETED BY SEPTEMBER 30, 2016 AND THE HOSPITALS WILL MEET THE REQUIRED DEADLINE. PART VI, LINE 3: THE ORGANIZATION PROVIDES ONSITE REGISTRATION CLERKS AND FINANCIAL COUNSELORS THAT ARE TRAINED TO HELP PATIENTS. THE ORGANIZATION HAS ALSO POSTED ALL INFORMATION ON THEIR WEBSITE AND IS IN THE PROCESS OF POSTING SIGNAGE AT THEIR FACILITIES. PART VI, LINE 4: POPULATION AND COMMUNITY SERVED IS REPORTED QUARTERLY WITH THE LOUISIANA STATE UNIVERSITY BOARD OF SUPERVISORS UNDER THE COOPERATIVE ENDEAVOR AGEEMENT UNDER THE PARTNERSHIP REPORT CARD. HTTP://LSU.EDU/BOS/HOSPITAL-CEAS.PHP PART VI, LINE 5: BRF HOSPITAL HOLDINGS, LLC IS COMPRISED OF TWO TEACHING HOSPITALS IN SHREVEPORT AND MONROE LOUISIANA UNDER A COLLABORATIVE ENDEAVOR AGREEMENT WITH THE LSU BOARD OF SUPERVISORS. AS ACADEMIC HOSPITALS THE SYSTEM PROVIDES A STRONG COMMITMENT TO STATE-OF-THE ART TREATMENT, CLINICAL RESEARCH, AND COMMUNITY EDUCATION AND PREVENTION PROGRAMS. PART VI, LINE 6: UNIVERSITY HEALTH SHREVEPORT IS HOME TO STATE-DESIGNATED CENTERS OF EXCELLENCE INCLUDING THE FEIST-WEILLER CANCER CENTER AND CENTER OF EXCELLENCE IN ARTHRITIS AND RHEUMATOLOGY. THE MAIN CAMPUS HOUSES AN ACCREDITED CHILDREN'S HOSPITAL, A REGIONAL BURN CENTER AND TRAUMA CENTER. IT SERVES THE COMMUNITITES ACROSS NORTH LOUISIANA, EAST TEXAS AND SOUTHWEST ARKANSAS. UH SHREVEPORT IS ONE OF ONLY SIX HOSPITALS IN THE NATION AFFILIATED IWTH ST. JUDE CHILDREN'S RESEARCH HOSPITAL.UNIVERSITY HEALTH CONWAY ALSO PROVIDES A 24 HOUR TRAUMA CENTER AND COMMITTED TO IMPROVING HEALTH OF LOCAL CITIZENS AND REINVESTS PROFITS IN THE COMMUNITY TO PRESERVE THE SAFETY NET MISSION AND TO IMPROVE FACILITY AND TECHNOLOGY IMPROVEMENTS. 1 LSU HEALTH SCIENCES CENTER SHREVEPORT 1501 KINGS HWY SHREVEPORT LA 71103 720702002 501(C)(1) 78614 SUPPORT FOR MEDICAL SCHOOL AND EDUCATION PROGRAMS GREATER SHREVEPORT INDUSTRIAL PARK DEVELOPMENT FOUNDATION INC 400 EDWARDS ST SHREVEPORT LA 71101 720315700 501(C)(6) 10000 EDUCATION COHABITAT FOUNDATION 500 CLYDE FANT PARKWAY STE 200 SHREVEPORT LA 71101 271566437 501(C)(3) 7500 SPONSORSHIP FILM PRIZE FOUNDATION INC 401 MARKET ST SUITE 860 SHREVEPORT LA 71101 352433985 501(C)(3) 50000 SPONSORSHIP LSU HEALTH SCIENCES FOUNDATION 920 PIERREMONT RD SUITE 506 SHREVEPORT LA 71106 721402222 501(C)(3) 15000 SPONSORSHIP 3 2 DIGITAL MEDIA INSTITUTE SCHOLARSHIP MERIT AWARD 2 12000 FMV REDUCTION OF TUITION AND FEES X X X X 0 0 0 0 0 0 0 1 0 DR JOHN F GEORGE JR DIRECTOR/PRESIDENT/CEO 249669 0 0 0 0 0 0 0 3522 0 253191 0 0 0 JAMES DEAN EXECUTIVE VP AND COO 256842 0 0 0 0 0 15278 0 7925 0 280045 0 0 0 AMOL TAKALKAR MEDICAL DIRECTOR 298762 0 0 0 0 0 15554 0 13296 0 327612 0 0 0 PRADEEP GARG EXECUTIVE DIRECTOR 331728 0 48750 0 0 0 16685 0 10699 0 407862 0 0 0 SUDHA GARG DIRECTOR OF RADIOPHARMACEUTICAL SCIE 191772 0 27750 0 0 0 11433 0 8359 0 239314 0 0 0 PART I, LINE 3 THE EXECUTIVE COMMITTEE HAS THE SOLE AUTHORITY TO ESTABLISH THE COMPENSATION OF THE PRESIDENT AND STAFF VICE-PRESIDENTS AND KEY EMPLOYEES. COMPENSATION IS REVIEWED ANNUALLY IN CONNECTION WITH THE BUDGETING PROCESS. THE COMMITTEE HAS WRITTEN GUIDELINES FOR EVALUATING THE REASONABLENESS OF COMPENSATION INCLUDING PUBLISHED SURVEYS AND COMPARISONS TO SIMILAR ORGANIZATIONS, BOTH TAXABLE AND TAX EXEMPT, FOR FUNTIONALLY COMPARABLE POSITIONS. MINUTES ARE KEPT OF ALL EXECUTIVE COMMITTEE MEETINGS. THE MINUTES ARE REVIEWED AND APPROVED AT THE NEXT EXECUTIVE COMMITTEE MEETING. PART I, LINE 7 SOME EMPLOYEES ARE ELIGIBLE FOR PERFORMANCE BASED BONUSES CALCULATED AS A PERCENT OF COMPENSATION AS DETERMINED BY MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S COO IS RESPONSIBLE FOR THE PREPARATION, REVIEW AND FILING OF FORM 990 AND, IF REQUIRED, FORM 990T AND ALL RELATED FORMS AND SCHEDULES. THE COO DISTRIBUTES THE COMPLETED FORM 990 TO EACH BOARD MEMBER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BRF HAS A WRITTEN CONFLICT OF INTEREST POLICY COVERING ALL PERSONS WHO MEET THE IRS DEFINITION OF "DISQUALIFIED PERSON." ITS EXECUTIVE COMMITTEE CONSISTS OF THE BOARD OFFICERS AND THE CHAIRMAN OF EACH OF ITS OTHER STANDING COMMITTEES AND IS RESPONSIBLE FOR MANAGING THIS POLICY. THE POLICY IS REVIEWED ANNUALLY BY THE FULL BOARD. ALL BOARD MEMBERS AND STAFF OFFICERS ARE REQUIRED TO COMPLETE A DISCLOSURE FORM AT LEAST ANNUALLY AND ARE REQUIRED TO NOTIFY THE COMMITTEE IN WRITING OF ANY PROPOSED CONTRACTS OR TRANSACTIONS INVOLVING A CONFLICT OF INTERESTS. THE DISCLOSURE FORMS AND ACTUAL CONTRACTS AND TRANSACTIONS ARE REVIEWED BY THIS COMMITTEE. PERSONS WHO HAVE A CONFLICT ARE NOT ALLOWED TO PARTICIPATE IN NOR ARE THEY PERMITTED TO HEAR THE DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND RESPOND TO QUESTIONS. THEY CANNOT BE PRESENT WHEN A VOTE IS TAKEN ON THE MATTER. SPECIFIC GUIDELINES EXIST TO ASSIST THE COMMITTEE IN DETERMINING THE FAIR MARKET VALUE OF A TRANSACTION OR CONTRACT INVOLVING A CONFLICTED PERSON. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE HAS THE SOLE AUTHORITY TO ESTABLISH THE COMPENSATION OF THE PRESIDENT AND STAFF VICE-PRESIDENTS AND KEY EMPLOYEES. COMPENSATION IS REVIEWED ANNUALLY IN CONNECTION WITH THE BUDGETING PROCESS. THE COMMITTEE HAS WRITTEN GUIDELINES FOR EVALUATING THE REASONABLENESS OF COMPENSATION INCLUDING PUBLISHED SURVEYS AND COMPARISONS TO SIMILAR ORGANIZATIONS, BOTH TAXABLE AND TAX EXEMPT, FOR FUNTIONALLY COMPARABLE POSITIONS. MINUTES ARE KEPT OF ALL EXECUTIVE COMMITTEE MEETINGS. THE MINUTES ARE REVIEWED AND APPROVED AT THE NEXT EXECUTIVE COMMITTEE MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL FULLY COMPLY WITH ALL FEDERAL AND STATE PUBLIC DISCLOSURES REQUIRED WITH RESPECT TO ITS STATUS AS A TEX EXEMPT, NOT-FOR-PROFIT ORGANIZATION. SPECIFICALLY, DOCUMENTS WILL BE MADE AVAILABLE FOR PUBLIC INSPECTIONS AND COPIES WILL BE PROVIDED UPON REQUEST IN ACCORDANCE WITH PROCEDURES AND REQUIREMENTS SET FORTH IN CURRENT IRS REGULATIONS AS AMENDED FROM TIME TO TIME. THE FORM 990 IS ALSO UPLOADED ONTO GUIDESTAR'S WEBSITE WHERE IT CAN BE VIEWED BY THE GENERAL PUBLIC. FORM 990, PART IX, LINE 11G CONTRACT LABOR: PROGRAM SERVICE EXPENSES 4,782,902. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,782,902. PHYSICIANS AND RESIDENTS: PROGRAM SERVICE EXPENSES 91,408,941. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 91,408,941. PURCHASED SERVICES - ANCILLARY: PROGRAM SERVICE EXPENSES 41,562,829. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41,562,829. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 3,427,131. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,427,131. OTHER FEES: PROGRAM SERVICE EXPENSES 606,831. MANAGEMENT AND GENERAL EXPENSES 403,865. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,010,696. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF DERIVATIVE -160,673. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S PROCESS HAS NOT CHANGED FROM THE FILING OF THE PREVIOUS FORM 990. (IVM) INTERTECH VENTURE MGMT LLC PO BOX 38050 SHREVEPORT LA 71133 721455822 ECONOMIC DEVELOPMENT LA 572 7763 BRF (BRFC) BRF CAPITAL LLC PO BOX 38050 SHREVEPORT LA 71133 721455336 ECONOMIC DEVELOPMENT LA 56672 768490 BRF (SI) SOUTHERN ISOTOPES LLC PO BOX 38050 SHREVEPORT LA 71133 721511418 MEDICAL ISOTOPES LA 0 0 BRF (BRFHH) BRF HOSPITAL HOLDINGS LLC 1505 KINGS HWY SHREVEPORT LA 71103 463179229 HEALTH CARE LA 526416318 315754811 BRF BRFHH SHREVEPORT LLC 1505 KINGS HWY SHREVEPORT LA 71103 800944985 HEALTH CARE LA 431174386 259559515 BRFHH BRFHH MONROE LLC 1505 KINGS HWY SHREVEPORT LA 71103 800945173 HEALTH CARE LA 95241932 56195296 BRFHH (IVF) INTERTECH VENTURE FUND LLC PO BOX 38050 SHREVEPORT LA 71133 721455821 VENTURE CAPITAL LA BRFC-PART I RELATED 57244 776253 0 0 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 FORM 990, SCHEDULE R, PART V, LINE 2 ALL RELATED ORGANIZATIONS REPORTED ON SCHEDULE R ARE CONTROLLED ENTITIES WITHIN THE MEANING OF SECTION 512(B)(13), HOWEVER, ALL TRANSACTIONS ARE BELOW THE REPORTING THRESHOLD.