2015-11-16T14:53:15-06:00 2014-12-31 111986323 MARCUM LLP 101 MONTGOMERY STREET 1900 SAN FRANCISCO CA 94104 990 2014-01-01 952477294 PARKVIEW COMMUNITY HOSPITAL MEDICAL CENTER PARK 9513525601 3865 JACKSON STREET RIVERSIDE CA 92503 PATRICIA LEPE CFO 9513525601 2015-11-13 1 STEVEN H BOULTBEE P01228676 4154326200 2014 2016-03-07 17:11:31Z PATRICIA LEPE 3865 JACKSON STREET RIVERSIDE CA 92503 159696606 0 X WWW.PCHMC.ORG X 1956 CA PARKVIEW COMMUNITY HOSPITAL MEDICAL CENTER'S MISSION IS TO PROVIDE SAFE, HIGH-QUALITY, HIGH VALUE, PATIENT-CENTERED HEALTH CARE SERVICES THAT ARE RESPONSIVE TO THE DIVERSE POPULATION OF OUR COMMUNITY. 13 13 1514 5 0 0 273500 1182492 147425829 155453074 0 0 5811992 3061040 153511321 159696606 0 0 0 0 75562031 75931832 0 0 150987 74873789 76530457 150435820 152462289 3075501 7234317 76238812 85136003 67746430 74123643 8492382 11012360 X PARKVIEW COMMUNITY HOSPITAL MEDICAL CENTER'S MISSION IS TO PROVIDE COMPREHENSIVE, HIGH-QUALITY, COST-EFFECTIVE HEALTHCARE SERVICES, WHICH ARE RESPONSIVE TO THE NEEDS OF THE COMMUNITY. 0 0 127613678 155453074 THE HOSPITAL PROVIDES NEEDED MEDICAL CARE TO THE COMMUNITY REGARDLESS OF ABILITY TO PAY. THE EVALUATION OF THE NECESSITY FOR MEDICAL TREATMENT OF ANY PATIENT IS BASED UPON CLINICAL JUDGEMENT, IRRESPECTIVE OF FINANCIAL STATUS OF THE PATIENT. BECAUSE THE HOSPITAL DOES NOT PURSUE COLLECTION OF AMOUNTS DETERMINED TO QUALIFY AS CHARITY CARE, THEY ARE NOT REPORTED AS PATIENT REVENUE. THE HOSPITAL PROVIDES A NUMBER OF BENEFITS AND SERVICES TO THE COMMUNITY FOR WHICH IT RECEIVES NO REIMBURSEMENT OR WHERE ONLY A NOMINAL FEE IS CHARGED. THESE SERVICES INCLUDE COMMUNITY MEDICAL AND WELLNESS EDUCATION PROGRAMS, MEDICAL SCREENINGS, SUPPORT GROUPS, AND OTHER SERVICES. THE HOSPITAL ALSO ASSISTS PATIENTS THROUGH THE COUNTY INDIGENT SERVICES PROGRAM. THE HOSPITAL STRIVES TO ASSIST PATIENTS, IF QUALIFIED, TO RECEIVE FINANCIAL ASSISTANCE FOR THEIR CARE THROUGH AVAILABLE GOVERNMENT PROGRAMS SUCH AS MEDI-CAL. THIS PROGRAM TYPICALLY REIMBURSES THE HOSPITAL AT SUBSTANTIAL DISCOUNTS FROM ESTABLISHED RATES, OFTEN BELOW THE ACTUAL COST OF PROVIDING SERVICES. FOR THE YEARS ENDED 12/31/2014 AND 12/31/2013, CONTRACTUAL DISCOUNTS RELATED TO THE MEDI-CAL PROGRAM TOTALED IN EXCESS OF $104M AND $80M, RESPECTIVELY. 127613678 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 248 0 1 1514 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X PATRICIA LEPE 9513525601 3865 JACKSON STREET RIVERSIDE CA 92503 DWIGHT TATE CHAIRPERSON BOARD 1.00 X 0 0 0 JOHN DEMSHKI IMMEDIATE PAST CHAIR 1.00 X 0 0 0 STEPHEN CARNEY VICE CHAIRPERSON 1.00 X 0 0 0 WENEL TUCKER TREASURER 1.00 X 0 0 0 DONG KIM CHIEF OF STAFF 4.00 X 0 0 0 HENRY COIL DIRECTOR 0.00 X 0 0 0 KAUSTUBH PANTANKAR DIRECTOR 0.00 X 0 0 0 WOODIE RUCKER-HUGHES DIRECTOR 0.00 X 0 0 0 CATHERINE ODELLMD DIRECTOR 0.00 X 0 0 0 RICHARD RAMIREZ DIRECTOR 0.00 X 0 0 0 JOHN PORTWOODMD DIRECTOR 0.00 X 0 0 0 RAREK Z MAHDIMD DIRECTOR 0.00 X 0 0 0 STEPHEN POPKIN CEO 60.00 X 432878 0 0 PATRICIA LEPE CFO 60.00 X 343247 0 0 ROBERT BROWN COO 40.00 X 246494 0 0 THOMAS SANTOS CNO 40.00 X 231824 0 0 MARLENE BURNETT VP MARKETING 40.00 X 187500 0 0 LIZETTE NORTON VP HUMAN RESOURCES 40.00 X 104687 0 0 JACQUELINE JOHNSON RN 58.00 X 184291 0 0 MARITZA SALAZAR RN 55.00 X 182205 0 0 MARY HORE RN 49.00 X 156311 0 0 KAREN BARAJAS CHARGE RN 47.00 X 151874 0 0 BESHOUI HELKANI PHARMACIST 40.00 X 153837 0 0 2375148 0 0 75 0 1 0 READYLINK HEALTHCARE 72030 METROPLEX DR THOUSAND PALMS CA 92276 NURSES REGISTRY AND SERVICES 2078560 OCTOCLEAN FRANCHISING 5225 CANYON CREST DR STE 71 RIVERSIDE CA 92507 HOUSEKEEPING SERVICES 1959012 HERSHORIN & HENRY LLP 27422 PORTOLA PARKWAY STE 360 FOOTHILL RANCH CA 92610 CORPORATE COUNSEL 1312030 MEDICAL SOLUTIONS 1010 N 102ND ST STE 300 OMAHA NE 68114 NURSES REGISTRY 1212561 ANESTHESIA MEDICAL GROUP 6969 BROCKTON AVE STE B RIVERSIDE CA 92506 ANESTHESIOLOGIST 876915 22 1182492 1182492 NET PATIENT SERVICE REVENUE 624100 155453074 155453074 155453074 OTHER REVENUE 900099 2534988 2534988 CAFETERIA REVENUE 624200 526052 526052 3061040 159696606 155453074 0 3061040 1546630 1546630 56053185 53578430 2401216 73539 1579710 1413722 154570 11418 12074754 11363767 684883 26104 4677553 4412820 258282 6451 572937 572937 1888388 1888388 125483 125483 252634 252634 2061644 1989672 68910 3062 739938 739938 3017851 2973675 23155 21021 160880 9804 149737 1339 49920 34555 15365 1279251 1279251 3093834 3076068 17766 609875 609875 MEDICAL SUPPLIES 23214802 23176016 37786 1000 HOSPITAL FEE PROGRAM 12060417 12060417 BAD DEBT EXPENSE 7805379 7805379 HEALTHCARE PROFESSIONAL 7343384 7186733 156651 12253840 8573848 3672939 7053 152462289 127613678 24697624 150987 33917 63372 5244281 4676022 33546908 38260905 3196194 3140483 728043 610460 83715002 56835406 23980839 26879596 9508630 11505165 76238812 85136003 33598334 37998057 33332863 33950485 815233 2175101 67746430 74123643 X 8492382 11012360 8492382 11012360 76238812 85136003 X 7234317 -4714339 X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2932247 2932247 7928100 7127993 800107 18984646 14383771 4600875 45163864 35323642 9840222 8706145 8706145 26879596 DEPOSITS 164753 DEPOSITS - MORTGAGE INSURANCE 1290507 THIRD PARTY SETTLEMENTS 9932735 OTHER RECEIVABLE 117170 11505165 CAPITAL LEASE OBLIGATION 2175101 2175101 X 151891227 0 151891227 7805379 7805379 159696606 144656910 0 144656910 7805379 7805379 152462289 PART X, LINE 2: THE HOSPITAL IS ORGANIZED UNDER THE LAWS OF THE STATE OF CALIFORNIA AS A TAX-EXEMPT ORGANIZATION UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THE RELATED STATE PROVISION. THE HOSPITAL, UNDER THE FASB GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES UNDER ASC 740, UTILIZES A TWO-STEP APPROACH TO RECOGNIZING AND MEASURING UNCERTAIN TAX POSITIONS (TAX CONTINGENCIES). THE FIRST STEP IS TO EVALUATE THE TAX POSITION FOR RECOGNITION BY DETERMINING IF THE WEIGHT OF AVAILABLE EVIDENCE INDICATES IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED ON AUDIT, INCLUDING RESOLUTION OF RELATED APPEALS OR LITIGATION PROCESSES. THE SECOND STEP IS TO MEASURE THE TAX BENEFIT AS THE LARGEST AMOUNT, WHICH IS MORE THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. FOR THE YEARS ENDED DECEMBER 31, 2014 AND 2013, THERE WERE NO LIABILITIES RECORDED FOR UNRECOGNIZED TAX BENEFITS RELATED TO TAX POSITIONS TAKEN IN THE CURRENT YEAR. THE HOSPITAL CONSIDERS MANY FACTORS WHEN EVALUATING AND ESTIMATING ITS TAX POSITIONS AND TAX BENEFITS, WHICH MAY REQUIRE PERIODIC ADJUSTMENTS AND WHICH MAY NOT ACCURATELY FORECAST ACTUAL OUTCOMES. IN ACCORDANCE WITH ASC 740, THE HOSPITAL HAS ELECTED TO INCLUDE INTEREST AND PENALTIES RELATED TO ITS TAX CONTINGENCIES IN INCOME TAX EXPENSE. THERE WERE NO ACCRUALS FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS AT THE INCEPTION DATE OR FOR THE YEARS ENDED DECEMBER 31, 2014 AND 2013. THE CURRENT AND PRIOR THREE TAX YEARS REMAIN OPEN AND SUBJECT TO EXAMINATION BY THE APPROPRIATE GOVERNMENTAL AGENCIES IN THE UNITED STATES AND CALIFORNIA. PART XI AND XII: 4B OTHER BAD DEBT EXPENSE IS INCLUDED IN TOTAL REVENUE ON THE AUDITED FINANCIAL STATEMENTS. 1 1 1 X 1 X 1 0 1 1 9390690 2606674 6784016 0.04450 57160825 40896352 16264473 0.10670 87416 0 87416 0.00060 66638931 43503026 23135905 0.15180 658193 658193 0.00430 207667 0 207667 0.00140 52592 52592 0.00030 918452 918452 0.00600 67557383 43503026 24054357 0.15780 0 7805379 7805379 12591699 8638726 3952973 X 0 1 1 PARKVIEW COMMUNITY HOSPITAL MEDICAL CENT 3865 JACKSON STREET RIVERSIDE CA 92503 X X X PARKVIEW COMMUNITY HOSPITAL MEDICAL CNTR 1 0 0 1 X X X X X X X X X 13 0 0 0 1 X OSHPD.COM X 1 13 1 OSHPD.COM 0 0 1 X 200.000000000000 350.000000000000 0 0 0 0 0 1 0 0 PARKVIEW COMMUNITY HOSPITAL MEDICAL CNTR PART V, SECTION B, LINE 11: OUR FACILITY IS ADDRESSING THE COMMUNITIES' NEEDS BY OFFERING PROGRAMS THAT SUPPORT OBESITY THROUGH OUR BARIATRIC PROGRAM. WE OFFER SENIOR OUTREACH PROGRAMS THAT OFFER CLASSES TO HELP WITH ARTHRITIS AND A COMMUNITY HEALTH PROGRAM THAT HELPS THOSE THAT HAVE HAD A STROKE. THE HOSPITAL OFFERS A PALLIATIVE CARE PROGRAM FOR THE ELDERLY AND BREAST FEEDING CLASSES FOR NEW MOMS.THERE ARE ALSO HEALTH FAIRS TO BRING COMMUNITY AWARENESS ABOUT CANCER AND OTHER HEALTH PROBLEMS THAT AFFECT THE COMMUNITY.WE FEEL WE SERVE THE NEEDS OF ALL THE DIFFERENT ETHNICITIES THAT ARE REPRESENTED IN OUR COMMUNITY BY WORKING WITH THE LATINA WOMEN'S GROUP AND AFRICAN AMERICAN GROUPS AS WELL AS KOREAN GROUPS.WE AREN'T AWARE OF ANY NEEDS THAT WE AREN'T MEETING AT THIS TIME. PART III, LINE 4: MANAGEMENT BELIEVES THERE ARE MINIMAL CREDIT RISKS ASSOCIATED WITH RECEIVABLES FROM GOVERNMENT PROGRAMS. RECEIVABLES FROM MANAGED CARE PROGRAMS AND OTHERS ARE FROM VARIOUS PAYORS WHO ARE SUBJECT TO DIFFERING ECONOMIC CONDITIONS AND DO NOT REPRESENT CONCENTRATED RISKS TO THE HOSPITAL. MANAGEMENT CONTINUALLY MONITORS AND ADJUSTS THE RESERVES ASSOCIATED WITH RECEIVABLES AND DOES NOT REQUIRE COLLATERAL. LOSSES DUE TO BAD DEBTS HAVE BEEN WITHIN MANAGEMENT'S ESTIMATES. PART III, LINE 8: NET PATIENT SERVICE REVENUE IS REPORTED AT THE ESTIMATED NET REALIZABLE AMOUNTS FROM PATIENTS, THIRD-PARTY PAYORS, AND OTHERS FOR SERVICES RENDERED, INCLUDING ESTIMATED RETROACTIVE ADJUSTMENTS UNDER REIMBURSEMENT AGREEMENTS WITH THIRD-PARTY PAYORS. IN SOME CASES, REIMBURSEMENT IS BASED ON FORMULAS, WHICH CANNOT BE DETERMINED UNTIL COST REPORTS ARE FILED AND AUDITED OR OTHERWISE SETTLED BY THE VARIOUS PROGRAMS. NORMAL ESTIMATION DIFFERENCES BETWEEN FINAL SETTLEMENTS AND AMOUNTS ACCRUED IN PREVIOUS YEARS ARE REFLECTED IN NET PATIENT SERVICE REVENUE IN THE YEAR SETTLEMENT OCCURS IF A RECOVERY IS EXPECTED; IF A PAYMENT IS EXPECTED, IT IS ACCRUED WHEN IDENTIFIED. X X X X 0 0 0 0 0 0 0 0 0 STEPHEN POPKIN CEO 432878 0 0 0 0 0 0 0 0 0 432878 0 0 0 PATRICIA LEPE CFO 343247 0 0 0 0 0 0 0 0 0 343247 0 0 0 ROBERT BROWN COO 246494 0 0 0 0 0 0 0 0 0 246494 0 0 0 THOMAS SANTOS CNO 231824 0 0 0 0 0 0 0 0 0 231824 0 0 0 MARLENE BURNETT VP MARKETING 187500 0 0 0 0 0 0 0 0 0 187500 0 0 0 JACQUELINE JOHNSON RN 184291 0 0 0 0 0 0 0 0 0 184291 0 0 0 MARITZA SALAZAR RN 182205 0 0 0 0 0 0 0 0 0 182205 0 0 0 MARY HORE RN 156311 0 0 0 0 0 0 0 0 0 156311 0 0 0 KAREN BARAJAS CHARGE RN 151874 0 0 0 0 0 0 0 0 0 151874 0 0 0 BESHOUI HELKANI PHARMACIST 153837 0 0 0 0 0 0 0 0 0 153837 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS GET TO ELECT NEW MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS BY THE GOVERNING BODY ARE APPROVED BY ITS MEMBERS WHO ARE ONE AND THE SAME. FORM 990, PART VI, SECTION B, LINE 11 THE 990S ARE PRESENTED BY THE CFO TO THE FINANCE COMMITTEE AFTER THEY ARE PREPARED AND PASSED AROUND TO THE BOARD MEMBERS FOR DISCUSSION. AT THAT TIME THERE IS A FORMAL DISCUSSION ABOUT THE RETURNS AND THE BOARD MEMBERS APPROVE THEM. THE APPROVAL IS NOTED IN OUR BOARD MINUTES. FORM 990, PART VI, SECTION B, LINE 12C PARKVIEW COMMUNITY HOSPITAL MEDICAL CENTER ("PCHMC") INITIALLY ADOPTED A FORMAL CONFLICT OF INTEREST POLICY ("POLICY") ON OR ABOUT OCTOBER 2, 1996, AND HAS AMENDED THE POLICY FROM TIME TO TIME. THE POLICY PROVIDES FOR A FAIR AND ORDERLY PROCESS FOR THE DISCLOSURE AND MANAGEMENT OF CONFLICTS OF INTEREST WHICH MAY EXIST FOR PERSONS WITH POSITIONS OF TRUST AND RESPONSIBILITY IN THE GOVERNANCE AND MANAGEMENT OF PCHMC AND ITS AFFILIATED ENTITIES, AND TO ASSURE THAT LAWS RELATING TO SUCH CONFLICTS ARE FOLLOWED. THE PURPOSE OF THE POLICY IS TO PROTECT PCHMC'S INTEREST WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN OFFICER OR DIRECTOR OR MAY OTHERWISE NOT BE IN PCHMC'S BEST INTERESTS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, EACH DIRECTOR ON PCHMC'S BOARD MUST DISCLOSE, ON AN ANNUAL BASIS, THE EXISTENCE OF MATERIAL FINANCIAL INTERESTS AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS WHO ARE CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. MOREOVER, IN ORDER TO SAFEGUARD INDEPENDENT JUDGMENT AND ACTION IN BUSINESS DECISIONS, EACH PERSON ENTRUSTED WITH A KEY POSITION OF RESPONSIBILITY IN PCHMC HAS A DUTY TO AVOID ACTING OUT OF ANY CONFLICT OF INTEREST, OR APPEARANCE OF SUCH CONFLICT WHICH MAY ARISE FROM PERSONAL FINANCIAL INTERESTS IN ENTITIES WHICH MAY ADVERSELY AFFECT OR CONFLICT WITH PCHMC'S BEST INTEREST. FOR PURPOSES OF THE POLICY, THE TERM "COVERED INDIVIDUALS" INCLUDE THE BOARD OF DIRECTORS, OFFICERS, MEMBERS OF THE EXECUTIVE COMMITTEE AND CERTAIN KEY MANAGEMENT EMPLOYEES OF PCHMC. ALL COVERED INDIVIDUALS ARE REQUIRED TO PREPARE AND SUBMIT THE FOLLOWING STATEMENTS: (1) INITIAL CONFLICT OF INTEREST DISCLOSURE STATEMENT - UPON THE OCCURRENCE OF AN EVENT RENDERING A PERSON A COVERED INDIVIDUAL, HE OR SHE SHALL FILE WITH THE FILING OFFICER AN INITIAL CONFLICT OF INTEREST DISCLOSURE STATEMENT. (2) ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT - ALL COVERED INDIVIDUALS UNDER THIS POLICY SHALL PREPARE AND SUBMIT TO THE FILING OFFICER ON A YEARLY BASIS OR WHEN LEAVING SUCH POSITION, AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT. (3) SUBSEQUENT OCCURRENCES REPORTING REQUIREMENTS - COVERED INDIVIDUALS MUST FILE A CONFLICT OF INTEREST DISCLOSURE STATEMENT WITH THE FILING OFFICER UPON THE OCCURRENCE OF ANY EVENT REQUIRING DISCLOSURE UNDER THIS POLICY, WHICH HAS NOT BEEN PREVIOUSLY DISCLOSED. THOSE DETERMINED TO HAVE AN INTEREST IN OR BE CONFLICTED OUT BY VIRTUE OF APPLICATION OF THE POLICY ARE PRECLUDED FROM PARTICIPATING IN BOARD, COMMITTEE, OR MANAGEMENT ACTIONS. MOREOVER, THE CHAIRPERSON OF THE BOARD RETAINS THE RIGHT, UNDER APPROPRIATE CIRCUMSTANCES, TO FORM AN AD-HOC COMMITTEE TO INVESTIGATE AN ALLEGED POLICY VIOLATION, CONDUCT HEARINGS, AND, UNDER ALL CIRCUMSTANCES, TAKE APPROPRIATE REMEDIAL ACTION, INCLUDING WITHOUT LIMITATION, REMOVAL OF A DIRECTOR OR MANAGEMENT PERSONNEL. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE KEY EXECUTIVE OFFICER OF PHCMC IS VESTED IN THE BOARD OF DIRECTORS WHO HAS APPOINTED A COMPENSATION COMMITTEE AND ADOPTED A FORMAL CHIEF EXECUTIVE OFFICER COMPENSATION POLICY ("COMP POLICY"). UNDER THE COMP POLICY, THE BOARD OF DIRECTORS ("BOARD") HAS THE AUTHORITY AND RESPONSIBILITY TO REVIEW AND APPROVE THE COMPLETE COMPENSATION PACKAGE OF THE HOSPITAL'S CHIEF EXECUTIVE OFFICER ("CEO"), AND THE REPORT OF THE CEO OF THOSE WHO REPORT TO THE CEO, TO ENSURE THAT SUCH PACKAGES ARE REASONABLE AND DO NOT CREATE ANY "PRIVATE INUREMENT" OR "EXCESS BENEFIT" WITHIN THE MEANING OF THE TAX LAW. THE BOARD MAY, IN ITS DISCRETION AND IN ACCORDANCE WITH ITS BYLAWS, DELEGATE RESPONSIBILITY TO REVIEW AND RECOMMEND THE COMPENSATION PACKAGE OF THE CEO, AND THOSE WHO REPORT TO THE CEO, PURSUANT TO THE CEO COMPENSATION POLICY TO THE HOSPITAL BOARD'S EXECUTIVE COMPENSATION/SUCCESSION PLANNING COMMITTEE ("COMMITTEE"). THE PROCESS TO BE FOLLOWED BY THE BOARD OR COMMITTEE IN CARRYING OUT THIS RESPONSIBILITY IS SET OUT BELOW. THIS PROCESS IS INTENDED TO BE CONSISTENT WITH HOSPITAL'S FULFILLMENT OF ITS MISSION AS A CHARITABLE NONPROFIT ORGANIZATION, AS WELL AS ITS COMPENSATION PHILOSOPHY AND PRINCIPLES. THE BOARD OR COMMITTEE SHALL OBTAIN SUFFICIENT INFORMATION, TAKING INTO CONSIDERATION THE KNOWLEDGE AND EXPERTISE OF ITS MEMBERS, TO DETERMINE WHETHER THE FULL COMPENSATION PACKAGE OF THE CEO IS REASONABLE, I.E., THAT IT REPRESENTS NO MORE THAN FAIR MARKET VALUE FOR THE SERVICES PERFORMED. IN ASSESSING THE REASONABLENESS OF A CEO'S COMPENSATION PACKAGE, THE BOARD OR COMMITTEE SHALL TAKE INTO ACCOUNT ALL ELEMENTS OF THE PACKAGE, INCLUDING WITHOUT LIMITATION, SALARY, ANY BONUS OR INCENTIVE PAYMENTS, SEVERANCE PAYMENTS, AND DEFERRED AND NON-CASH COMPENSATION, AS WELL AS ALL COMPENSATORY BENEFITS SUCH AS PAYMENTS TO MEDICAL, DENTAL, LIFE, SEVERANCE PAY AND DISABILITY BENEFIT PLANS, AND ANY FRINGE BENEFITS SUCH AS EXPENSE ALLOWANCES. THE BOARD OR COMMITTEE MAY ALSO CONSIDER OTHER RELEVANT INFORMATION INCLUDING, BUT NOT LIMITED TO: (I) COMPENSATION AND BENEFITS PAID BY SIMILARLY SITUATED ORGANIZATIONS (WHICH MAY BE EITHER TAXABLE OR TAX-EXEMPT) FOR POSITIONS THAT ARE FUNCTIONALLY COMPARABLE TO THOSE OF THE CEO. WHEN LOOKING AT THESE OTHER ORGANIZATIONS, CONSIDERATION SHOULD BE PROVIDED TO THE SIZE OF THE ORGANIZATIONS (NUMBER OF EMPLOYEES, FINANCIAL PRODUCTION, ETC.), THEIR GEOGRAPHIC LOCATIONS, THE NATURE OF THE SERVICES PROVIDED, THE LEVEL OF EXPERIENCE AND SPECIFIC RESPONSIBILITIES OF THE POSITIONS CONSIDERED, SIMILARITIES TO OR DIFFERENCES FROM THE HOSPITAL, AND THE COMPOSITION OF THE COMPENSATION PACKAGES OFFERED; (II) CURRENT COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS AND SURVEYS COMPILED BY RESPECTED COMPANIES OR NATIONAL PERIODICALS; (III) WRITTEN OFFERS FROM SIMILAR INSTITUTIONS COMPETING FOR A CEO'S SERVICES; OR (IV) COMMUNITY INVOLVEMENT/FEEDBACK (AT STATE AND LOCAL LEVELS), PATIENT SURVEYS, DIRECT REPORTS-LEADERSHIP, DEPARTMENT DIRECTORS WITH INPUT FROM THEIR STAFF, AND PHYSICIAN SURVEYS. ALL COMMITTEE REPORTS ARE SUBJECT TO FINAL BOARD APPROVAL. THE YEAR IN WHICH THIS POLICY WAS LAST USED WAS 2014 TO SET CEO COMPENSATION FOR 2015. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION REPORTS VARIOUS FINANCIAL INFORMATION TO STATE AND FEDERAL AGENCIES, SUCH AS, AMONG OTHERS, OSPHD (CA) AND MEDICARE (CMS), AND WOULD MAKE THE INFORMATION AVAILABLE IN RESPONSE TO ANY REQUEST SO LONG AS THE INFORMATION REQUESTED IS NEITHER CONFIDENTIAL NOR PROTECTED FROM DISCLOSURE BY PEER REVIEW STATUTES, ATTORNEY CLIENT OR WORK PRODUCT PRIVILEGES OR SIMILAR PROTECTIONS. FORM 990, PART XI, LINE 9: CHANGE IN MINIMUM PENSION LIABILITY -4,714,339.