2012-05-14T16:05:38-05:00 2011-06-30 BKD LLP 910 E ST LOUIS 200/PO BOX 1190 SPRINGFIELD MO 658062523 990 2010-07-01 250979377 SHARON REGIONAL HEALTH SYSTEM SHAR 7249833911 740 EAST STATE STREET SHARON PA 16146 LINDE FINSRUD WILSON 2012-05-10 true Brian D Todd 4178658701 2010 2016-02-24 21:20:13Z LINDE FINSRUD WILSON 740 EAST STATE STREET SHARON PA 16146 185841368 false X WWW.SHARONREGIONAL.COM X 1896 PA SHARON REGIONAL HEALTH SYSTEM PROVIDES HIGH QUALITY INPATIENT, OUTPATIENT, AND EMERGENCY CARE SERVICES TO OUR COMMUNITIES THROUGH OUR NUMEROUS LOCATIONS. 15 9 1792 136 0 0 628394 620901 160921212 168667966 1023216 1369683 722840 1029013 163295662 171687563 45155 37164 0 0 79680224 81605744 0 0 0 72448166 77380901 152173545 159023809 11122117 12663754 116901064 125506249 79100251 69119135 37800813 56387114 X THE MISSION OF SHARON REGIONAL HEALTH SYSTEM IS TO PROVIDE HIGH QUALITY, ADVANCED SERVICES TO THE COMMUNITIES WE SERVE. SEE SCHEDULE O FOR ADDITIONAL INFORMATION. false false 71482197 86945669 SHARON REGIONAL EXPERIENCED MORE THAN A QUARTER OF A MILLION OUTPATIENT REGISTRATIONS IN FISCAL YEAR 2011 (261,669) IN PROVIDING SERVICES TO AREA RESIDENTS THROUGH A NUMBER OF SATELLITE LOCATIONS AND SPECIALTY SITES. OUTPATIENTS UTILIZE SHARON REGIONAL FACILITIES IN BOTH PENNSYLVANIA AND OHIO. IN MEETING THE HEALTH CARE NEEDS OF THESE OUTPATIENTS, SHARON REGIONAL PROVIDED $954,994 IN CHARITY CARE, $903,280 IN UNCOMPENSATED CARE, AND EXPERIENCED BAD DEBT OF $1,581,889. SEE SCHEDULE O FOR ADDITIONAL INFORMATION. 57701420 76692256 SHARON REGIONAL HEALTH SYSTEM, AS MERCER COUNTY'S LARGEST HEALTH CARE PROVIDER, PROVIDES INPATIENT SERVICES FOR ACUTE CARE, SKILLED CARE, REHAB, ADULT AND CHILD PSYCHIATRIC, AND NEWBORN NURSERY. DURING FISCAL YEAR 2011, SHARON REGIONAL HAD A TOTAL OF 10,657 INPATIENT ADMISSIONS, WHICH INCLUDED 7,987 ACUTE CARE, 666 SKILLED CARE, 383 REHAB, 1,327 PSYCHIATRIC, & 294 NEWBORN NURSERY. AS PART OF THESE INPATIENT SERVICES, SHARON REGIONAL PROVIDED $1,834,526 IN CHARITY CARE, $2,119,876 IN UNCOMPENSATED CARE, & EXPERIENCED BAD DEBT OF $1,436,473. 3425619 5030041 THE EMERGENCY CARE CENTER OF SHARON REGIONAL HEALTH SYSTEM IS THE MOST ADVANCED MEDICAL FACILITY IN MERCER COUNTY. DURING FISCAL YEAR 2011, SHARON REGIONAL'S EMERGENCY CARE CENTER HAD 33,603 PATIENT VISITS AND PROVIDED $383,097 IN CHARITY CARE, $351,279 IN UNCOMPENSATED CARE, AND EXPERIENCED BAD DEBT OF $2,519,098. THIS BAD DEBT AMOUNT IS A DIRECT INDICATOR OF THE NUMBER OF INDIVIDUALS WHO UTILIZE THE EMERGENCY DEPARTMENT FOR PRIMARY MEDICAL CARE, AND WHO DO NOT HAVE THE MEANS TO PAY FOR THOSE SERVICES OR SEEK CHARITY CARE. SEE SCHEDULE O FOR ADDITIONAL INFORMATION. 132609236 true true false true false false false false true true false false true true false false true false false false false false false true false true true true false true true false false false false false false false false true true false false false false true true true true false false true 100 0 true 1792 true false false false false false true true false false false false X 15 9 true false false false false false false true true false false true true true true true true true true true false PA X JEFFREY A CHROBACK 7249833815 699 EAST STATE STREET SHARON PA 16146 X JAMES E FEENEY 1.0 X X 0 0 0 JOSEPH H BOLOTIN MD 1.0 X X 0 0 0 STEPHEN J GURGOVITS 1.0 X X 0 0 0 KAREN WINNER HALE 1.0 X 0 0 0 JAMES P EPSTEIN 1.0 X 0 0 0 DIANE GARDNER 1.0 X 0 0 0 CLOYD E BRENNEMAN 1.0 X 0 0 0 ROBERT G LIPTAK JR 1.0 X 0 0 0 LEONARD S MILLER 1.0 X 0 0 0 MARY ODEM 1.0 X 0 0 0 JOHN M HUDSON 1.0 X X 0 0 0 WILLIAM J STRIMBU 1.0 X X 0 0 0 ROBERT C JAZWINSKI 1.0 X X 0 0 0 KENNETH R JAMES 1.0 X 0 0 0 ANGELA M PALUMBO 1.0 X X 0 0 0 WILLIAM G PERRINE 1.0 X 0 0 0 GEORGE C GARROW MD 40.0 X 409454 0 33547 JOHN A ZIDANSEK 40.0 X 329539 0 45779 JOHN JANOSO 40.0 X 169226 0 26426 JEFFREY CHROBAK 40.0 X 173788 0 46766 MATTHEW LIBURDI 40.0 X 158507 0 27328 SUSAN GIBSON 40.0 X 249541 0 21602 CYNTHIA SILE 40.0 X 331618 0 8803 STEVEN RIGGALL 40.0 X 320938 0 17047 JEFFREY GRYN 40.0 X 311640 0 23503 JAMIE ADAM 40.0 X 323734 0 31027 SCOTT MORGAN 40.0 X 264374 0 17047 3042359 0 298875 41 false true false CERNER CORP ELECT MED RECORD 995716 MAYO COLLABORATIVE SVCS REFERENCE LAB 948023 SODEXO AFFILIATES OPERATIONS SERVICES 2348221 PATRIOT MEDICAL TECHNOLOGY BIOMEDICAL SERVICES 1319913 SCC SOFT COMPUTER LAB INFO SYSTEM 917163 35 115800 274370 230731 620901 PATIENT REVENUE 621990 160384813 160384813 RENT FROM AFFILIATE 531120 34319 34319 PHARMACY 446110 2693922 2693922 NURSING SCHOOL 611600 211887 211887 CAFETERIA 722210 618437 618437 4724588 4724588 168667966 1065950 1065950 0 109 109 187518 187518 187518 187518 14253599 170005 13965391 154480 288208 15525 303733 303733 42650 115800 33934 8716 8716 0 0 EQUITY IN INVESTEE EARNINGS 900099 832670 832670 832670 171687563 168667966 2398696 37164 37164 0 0 0 1691503 899979 791524 34164 34164 57482684 47725766 9756918 2814425 2434350 380075 15226675 12984624 2242051 4356293 3551218 805075 0 720389 720389 315171 315171 0 0 82846 82846 17338002 14878077 2459925 894813 62527 832286 6107284 4309955 1797329 1604739 554899 1049840 0 2822305 2255987 566318 798479 459993 338486 0 144708 65258 79450 2020312 1641404 378908 0 7092059 5761948 1330111 4494743 2617329 1877414 BAD DEBT 5537460 5537460 LICENSES, DUES & SUBSCRIPTIONS 432818 238099 194719 RECRUITING 380527 115100 265427 MEDICAL SUPPLIES & DRUGS 26349473 26349473 MISCELLANEOUS 244773 94462 150311 159023809 132609236 26414573 0 78916 97190 4756986 3297134 594193 863649 13831072 16717703 521518 642601 3099246 3493210 2149548 1823454 135886014 83884197 51103021 52001817 31355315 34845496 4358452 4744992 5052797 6979003 116901064 125506249 13259476 14072183 30937743 29803524 4748057 8601942 30154975 16641486 79100251 69119135 X 37171502 55756699 629311 630415 37800813 56387114 116901064 125506249 X 12663754 5922547 X false true true X false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false true false false true false true 14832 14832 false OTHER LOBBYING ACTIVITIES PART II-B, LINE 1(B, D, G & I) SALARIES OF $47,880 WERE PAID TO RAYMOND SCHAUER, A FORMER OFFICER OF THE HEALTH SYSTEM. MR. SCHAUER HAS RESUMED HIS EMPLOYMENT WITH THE HEALTH SYSTEM STRICTLY FOR PURPOSES OF LOBBYING & FUNDRAISING ACTIVITIES. MR. SCHAUER'S LOBBYING ACTIVITIES INCLUDED MAILINGS TO MEMBERS, LEGISLATORS, OR THE PUBLIC AND DIRECT CONTACT WITH LEGISLATORS, THEIR STAFFS, GOVERNMENT OFFICIALS, OR A LEGISLATIVE BODY. DURING THE YEAR, THE HEALTH SYSTEM PAID DUES TO VARIOUS ASSOCIATIONS. A PORTION OF THESE DUES MAY BE USED FOR LOBBYING PURPOSES. 8180726 2789990 10970716 7004769 2294 1173663 8180726 9625684 71 -2620986 7004769 1.00000 false false 2331542 2331542 39096384 18055756 21040628 87620099 65209651 22410448 6837989 618790 6219199 52001817 EST AMT DUE FROM THIRD PARTY 2495500 INTEREST RECEIVABLE 119006 OTHER RECEIVABLES 320483 INVESTMENT AGREEMENT 2248393 D/F RELATED PARTY 1795621 6979003 0 ACCRUED PENSION LIABILITIES 14769461 ASSET RETIREMENT OBLIGATIONS 500922 ESTIMATED SELF-INSURANCE COSTS 827160 DEFERRED COMPENSATION 543943 16641486 171687563 159023809 12663754 5579352 343195 5922547 18586301 177218003 5579352 -82846 5496506 171721497 -33934 -33934 171687563 168571270 9630307 9630307 158940963 82846 82846 159023809 INTENDED USE OF ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 ENDOWMENT FUNDS INCLUDE ASSETS SET ASIDE BY THE BOARD OF DIRECTORS FOR FUTURE CAPITAL IMPROVEMENTS, PENSION FUNDING REQUIREMENTS AND POSTRETIREMENT BENEFIT OBLIGATIONS OVER WHICH THE BOARD RETAINS CONTROL AND MAY AT ITS DISCRETION SUBSEQUENTLY USE FOR OTHER PURPOSES. UNCERTAIN TAX POSITIONS SCHEDULE D, PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. OTHER RECONCILING CHANGE IN NET ASSETS SCHEDULE D, PART XI, LINE 8 DEFINED BENEFIT PLANS $ 9,939,568 TRANSFER TO AFFILIATE (9,596,373) ------------- TOTAL $ 343,195 OTHER REVENUE INCLUDED ON LINE 1, BUT NOT ON FORM 990, PART VIII, LINE 12 SCHEDULE D, PART XII, LINE 2D INVESTMENT FEES OF $ 82,846 WERE INCLUDED WITH REVENUE ON THE AUDIT REPORT; HOWEVER, HAVE BEEN MOVED TO BE PROPERLY INCLUDED WITH EXPENSES ON THE TAX RETURN. OTHER REVENUE INCLUDED ON FORM 990, PART VIII, LINE 12, BUT NOT ON LINE 1 SCHEDULE D, PART XII, LINE 4B SPECIAL EVENTS EXPENSES OF $ 33,934 WERE INCLUDED WITH EXPENSES ON THE AUDIT REPORT; HOWEVER, HAVE BEEN MOVED TO BE PROPERLY INCLUDED ON THE STATEMENT OF REVENUE ON THE TAX RETURN. OTHER EXPENSE INCLUDED ON LINE 1, BUT NOT ON FORM 990, PART IX, LINE 25 SCHEDULE D, PART XIII, LINE 2D TRANSFER TO AFFILIATE $9,596,373 SPECIAL EVENTS EXPENSES 33,934 ------------ TOTAL $9,630,307 CHARITY BALL 118595 90000 28595 135 15077 1200 3467 GOLF OUTING 39855 25800 14055 4707 4662 4331 355 0 158450 115800 42650 4842 19739 4331 1200 3822 33934 8716 true true X true X true X true true true false true true 1180651 1180651 0.00770 23436834 16936374 6500460 0.04240 24617485 16936374 7681111 0.05010 141207 141207 0.00090 2552790 1718249 834541 0.00540 11049259 9535311 1513948 0.00990 37164 37164 0.00020 13780420 11253560 2526860 0.01640 38397905 28189934 10207971 0.06650 false 2060698 490446 52816560 57214894 -4398334 X true true 1 1 SHARON REGIONAL HEALTH SYSTEM

740 E STATE ST SHARON PA 16146

X X X ACUTE CARE, REHAB, LT CARE & BEHAVIORAL HLTH, ANCILLARY SVCS SHARON REGIONAL HEALTH SYSTEM 1 14 CANCER CARE CENTER

2320 HIGHLAND RD HERMITAGE PA 16148

RADIATION & MEDICAL ONCOLOGY SERVICES CORPORATE HEALTH SERVICES

295 N KERRWOOD DRIVE HERMITAGE PA 16148

OCCUPATIONAL MEDICINE DIABETES CENTER

2395 GARDEN WAY HERMITAGE PA 16148

DIABETES EDUCATION AND TREATMENT GREENVILLE BEHAVIORAL HEALTH

348 MAIN ST GREENVILLE PA 16125

OUTPATIENT MENTAL HEALTH SERVICES HERMITAGE BEHAVIORAL HEALTH

2375 GARDEN WAY HERMITAGE PA 16148

OUTPATIENT MENTAL HEALTH SERVICES HERMITAGE DIAGNOSTIC CENTER

2435 GARDEN WAY HERMITAGE PA 16148

DIAGNOSTIC TESTING AND COMMUNITY EDUCATION HERMITAGE WRAPAROUND

2500 HIGHLAND AVE HERMITAGE PA 16148

OUTPATIENT MENTAL HEALTH SERVICES HOME HEALTH AGENCY

663 E STATE ST SHARON PA 16146

HOME CARE SERVICES LAWRENCE CO WRAPAROUND

125 E NORTH ST NEW CASTLE PA 16101

OUTPATIENT MENTAL HEALTH SERVICES MERCER FAMILY MEDICINE CENTER

551 GREENVILLE RD MERCER PA 16137

DIAGNOSTIC TESTING AND COMMUNITY EDUCATION OUTPATIENT REHAB CENTER

2380 HIGHLAND ROAD HERMITAGE PA 16148

OUTPATIENT THERAPY SERVICES WOUND CARE CENTER

2425 GARDEN WAY HERMITAGE PA 16148

WOUND CARE HUBBARD DIAGNOSTIC

890 W LIBERTY ST A HUBBARD OH 44425

DIAGNOSTIC TESTING AND COMMUNITY EDUCATION BROOKFIELD FAMILY MED

7264 WARREN-SHARON RD BROOKFIELD OH 44403

OUTPATIENT THERAPY SERVICES PERCENT OF TOTAL EXPENSE SCHEDULE H, PART I, LINE 7, COLUMN F TO ARRIVE AT THE PERCENT OF TOTAL EXPENSES, THE DENOMINATOR WHICH EQUALS TOTAL OPERATING EXPENSES PER PART IX, LINE 25 OF THE FORM 990 WAS REDUCED BY BAD DEBT EXPENSE. BAD DEBT EXPENSE SCHEDULE H, PART III, SECTION A, LINE 4 THE AUDITED FINANCIAL STATEMENTS DO NOT CONTAIN A FOOTNOTE THAT DESCRIBES BAD DEBT EXPENSE. THEY DO, HOWEVER, CONTAIN A FOOTNOTE THAT DESCRIBES PATIENT ACCOUNTS RECEIVABLE. THAT FOOTNOTE READS AS FOLLOWS: THE HEALTH SYSTEM REPORTS PATIENT ACCOUNTS RECEIVABLE FOR SERVICES RENDERED AT NET REALIZABLE AMOUNTS FROM THIRD-PARTY PAYERS, PATIENTS AND OTHERS. THE HEALTH SYSTEM PROVIDES AN ALLOWANCE FOR DOUBTFUL ACCOUNTS BASED UPON A REVIEW OF OUTSTANDING RECEIVABLES, HISTORICAL COLLECTION INFORMATION AND EXISTING ECONOMIC CONDITIONS. AS A SERVICE TO THE PATIENT, THE HEALTH SYSTEM BILLS THIRD-PARTY PAYERS DIRECTLY AND BILLS THE PATIENT WHEN THE PATIENT'S LIABILITY IS DETERMINED. PATIENT ACCOUNTS RECEIVABLE ARE DUE IN FULL WHEN BILLED. ACCOUNTS ARE CONSIDERED DELINQUENT AND SUBSEQUENTLY WRITTEN OFF AS BAD DEBTS BASED ON INDIVIDUAL CREDIT EVALUATION AND SPECIFIC CIRCUMSTANCES OF THE ACCOUNT. LINE 2 WAS CALCULATED USING THE COST TO CHARGE RATIO TIMES BAD DEBT EXPENSE. BAD DEBT ATTRIBUTABLE TO PATIENTS ELIGIBLE UNDER THE ORGANIZATION'S CHARITY CARE POLICY WAS DETERMINED USING POVERTY LIMIT DEMOGRAPHIC INFORMATION OBTAINED THROUGH THE US CENSUS BUREAU. COMMUNITY BENEFIT SCHEDULE H, PART III, SECTION B, LINE 8 SERVING PATIENTS WITH GOVERNMENT HEALTH BENEFITS, SUCH AS MEDICARE, IS A COMPONENT OF THE COMMUNITY BENEFIT STANDARD THAT TAX-EXEMPT HOSPITALS ARE HELD TO. THIS IMPLIES THAT SERVING MEDICARE PATIENTS IS A COMMUNITY BENEFIT AND THAT THE HOSPITAL OPERATES TO PROMOTE THE HEALTH OF THE COMMUNITY. THE MEDICARE ALLOWABLE COSTS OF CARE ON LINE 6 WERE CALCULATED USING THE COST TO CHARGE RATIO TIMES CHARGES OF $152,858,386. COLLECTION POLICY SCHEDULE H, PART III, SECTION C, LINE 9B PATIENTS WHO HAVE ALREADY BEEN APPROVED FOR CHARITY ARE APPROVED FOR SERVICES FOR THE NEXT 6 MONTHS AT THE APPROVED CHARITY OR DISCOUNT RATE FOR ANY ADDITIONAL SERVICES. IF IDENTIFIED PRIOR TO THE BILL BEING SENT OUT, NO BILL IS GENERATED OR THE BILL IS DISCOUNTED PRIOR TO SENDING. IF THE BILL IS GENERATED, THE ACCOUNT IS WRITTEN DOWN AT THE TIME OF IDENTIFICATION AND THE PATIENT IS NOTIFIED. NEEDS ASSESSMENT: SHARON REGIONAL CONDUCTS A CONSUMER RESEARCH STUDY EVERY TWO YEARS THROUGH HEALTHSTREAM RESEARCH, AND ONE OF THE QUESTIONS ASKS AREA RESIDENTS IF ANYONE IN THEIR HOUSEHOLD IS LOOKING FOR A DOCTOR, AND IF SO, IN WHAT SPECIALTY. IN ADDITION, EVALUATION FORMS USED AT ALL COMMUNITY EDUCATION PROGRAMS ASK ABOUT HEALTH/MEDICAL TOPICS IN WHICH MORE INFORMATION IS DESIRED. HEALTH NEEDS ARE ALSO OBTAINED FROM THE MERCER COUNTY HEALTH PROFILE FROM THE PA DEPARTMENT OF HEALTH. PATIENT EDUCATION OF ELIGIBILITY FOR ASSISTANCE: THE HEALTH SYSTEM'S CHARITY CARE POLICY IS READILY AVAILABLE IN PATIENT LITERATURE DISTRIBUTED AT ADMISSION, ON COPIES OF INVOICES SENT TO PATIENTS, ON THE SHARON REGIONAL WEBSITE, AND THROUGH OTHER AREAS. SHARON REGIONAL HAS FINANCIAL COUNSELORS AVAILABLE TO ASSIST PATIENTS AND FAMILY MEMBERS EXPLORE ELIGIBILITY FOR CHARITY CARE AS WELL AS ASSISTANCE UNDER FEDERAL, STATE, OR LOCAL GOVERNMENT PROGRAMS. COMMUNITY INFORMATION: THE MAJORITY OF PATIENTS WHO UTILIZE SHARON REGIONAL LIVE IN A NUMBER OF COMMUNITIES LOCATED IN MERCER COUNTY, PA, WITH A SMALL SEGMENT COMING FROM LAWRENCE COUNTY AND OTHER AREAS IN PENNSYLVANIA, ALONG WITH EASTERN TRUMBULL/MAHONING COUNTIES IN OHIO. MERCER COUNTY'S POPULATION IN 2010 WAS 116,638 (52% URBAN, 48% RURAL), AND CONSISTED OF 91.0% WHITE NON-HISPANIC, 5.8% BLACK, 1.1% HISPANIC, AND 1.5% TWO OR MORE RACES. THE POPULATION IS 51% FEMALE AND 49% MALE, WITH A MEDIAN AGE OF 42.8 YEARS. AVERAGE HOUSEHOLD SIZE IS 2.35 PEOPLE AND ESTIMATED MEDIAN HOUSEHOLD INCOME IN 2010 WAS $42,573 WITH 13.2% OF RESIDENTS WITH INCOME BELOW THE POVERTY LEVEL. COMMUNITY BUILDING ACTIVITIES: SHARON REGIONAL'S COMMUNITY OUTREACH DEPARTMENT IS ACTIVELY INVOLVED IN COMMUNITY EDUCATION EFFORTS AND HOSTS A WIDE SELECTION OF HEALTH EDUCATION PROGRAMS, SCREENINGS, AND EVENTS BOTH AT VARIOUS HEALTH SYSTEM LOCATIONS AND AT A NUMBER OF COMMUNITY LOCATIONS INCLUDING SCHOOLS, BUSINESSES, AND HOUSING PROJECTS. ACTIVITIES INCLUDING HEALTH FAIRS, EDUCATION PROGRAMS, CPR TRAINING, SPECIFIC SCREENINGS, AND MORE. OTHER INFORMATION: STRATEGIC LEADERSHIP AND DIRECTION FOR SHARON REGIONAL IS PROVIDED BY A VOLUNTARY BOARD OF DIRECTORS CONSISTING OF COMMUNITY LEADERS WHO MAKE HEALTH CARE DECISIONS BASED ON MEETING THE COMMUNITY'S HEALTH CARE NEEDS. AFFILIATED HEALTH CARE SYSTEM ROLES: SHARON REGIONAL HEALTH SYSTEM AND ITS WHOLLY OWNED SUBSIDIARY SHARON REGIONAL PHYSICIAN SERVICES (THE "HEALTH SYSTEM") OPERATE AN ACUTE CARE HOSPITAL FACILITY IN SHARON, PENNSYLVANIA. THE HEALTH SYSTEM PRIMARILY EARNS REVENUES BY PROVIDING INPATIENT, OUTPATIENT AND EMERGENCY CARE SERVICES TO PATIENTS IN SHARON, PENNSYLVANIA, AND THE SURROUNDING AREA. THE HEALTH SYSTEM ALSO OPERATES A HOME HEALTH AGENCY AND A NUMBER OF PHYSICIAN CLINICS IN THE SAME GEOGRAPHIC AREA. THE HEALTH SYSTEM HAS CONSOLIDATED FINANCIAL STATEMENTS THAT INCLUDE THE ACCOUNTS AND TRANSACTIONS OF SHARON REGIONAL HEALTH SYSTEM, THE CONTROLLING PARENT, AND ITS AFFILIATE, SHARON REGIONAL PHYSICIAN SERVICES. SHARON REGIONAL HEALTH SYSTEM IS NOT AFFILIATED WITH ANOTHER HEALTHCARE SYSTEM. true CITY OF SHARON 155 W CONNELY BLVD SHARON PA 16146 256000883 CITY OF SHARON 22164 SUPPORT AMERICAN HEART ASSOCIATION 59 N CRESCENT DR HERMITAGE PA 16148 135613797 501(C)(3) 15000 SUPPORT 2 0 MONITORING USE OF GRANT FUNDS SCHEDULE I, PART I, LINE 2 ALL REQUESTS FOR FINANCIAL ASSISTANCE BY 501(C)(3) & GOVERNMENT ORGANIZATIONS ARE PRESENTED TO THE BOARD OF DIRECTORS AND MUST BE APPROVED PRIOR TO DISBURSING FUNDS. THE ORGANIZATION HAS SUFFICIENT CONTACT WITH THE GRANTEES TO MONITOR THE USE OF FUNDS AND THE PROGRESS OF THE SUPPORTED PROJECTS. X true false X X X X X false true false false false false false false false JOHN A ZIDANSEK 327760 0 0 0 1779 0 21355 0 24424 0 375318 0 0 0 JOHN JANOSO 167989 0 0 0 1237 0 8529 0 17897 0 195652 0 0 0 MATTHEW LIBURDI 157287 0 0 0 1220 0 8106 0 19222 0 185835 0 0 0 SUSAN GIBSON 187866 0 0 0 61675 0 19206 0 2396 0 271143 0 59946 0 JEFFREY CHROBAK 172440 0 0 0 1348 0 28838 0 17928 0 220554 0 0 0 GEORGE C GARROW MD 383740 0 25714 0 0 0 16500 0 17047 0 443001 0 0 0 CYNTHIA SILE 331618 0 0 0 0 0 0 0 8803 0 340421 0 0 0 STEVEN RIGGALL 264898 0 56040 0 0 0 0 0 17047 0 337985 0 0 0 JEFFREY GRYN 311640 0 0 0 0 0 16500 0 7003 0 335143 0 0 0 JAMIE ADAM 316358 0 0 0 7376 0 9000 0 22027 0 354761 0 0 0 SCOTT MORGAN 183374 0 81000 0 0 0 0 0 17047 0 281421 0 0 0 CLUB DUES SCHEDULE J, PART I, LINE 1A DURING THE FISCAL YEAR, THE ORGANIZATION PAID FAMILY SOCIAL MEMBERSHIPS FOR JOHN ZIDANSEK, JEFFREY CHROBAK, JOHN JANOSO, MATTHEW LIBURDI, JOHN DAVIDSON, AND SUSAN GIBSON. THE AMOUNT PAID WAS INCLUDED IN TAXABLE WAGES. SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN SCHEDULE J, PART I, LINE 4B THE ORGANIZATION PROVIDES A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) TO PROVIDE A MARKET COMPETITIVE SUPPLEMENTAL RETIREMENT BENEFIT TO ATTRACT AND RETAIN EXECUTIVE TALENT. THE FOLLOWING INDIVIDUALS PARTICIPATED IN THE PLAN DURING THE FISCAL YEAR: JEFFREY CHROBAK, MATTHEW LIBURDI, JOHN DAVIDSON, SUSAN GIBSON, JACK JANOSO, AND JOHN ZIDANSEK. THE FOLLOWING AMOUNTS WERE ACCRUED DURING THE YEAR: JEFFREY CHROBAK $14,836 SUSAN GIBSON $ 7,873 THE FOLLOWING AMOUNT WAS PAID DURING THE CALENDAR YEAR AND WAS INCLUDED IN TAXABLE WAGES ON FORM W-2: SUSAN GIBSON $59,946 THIS AMOUNT IS REPORTED IN COLUMN F OF SCHEDULE J, PART II. SHARON REGIONAL HEALTH SYSTEM AUTHORITY 251599307 2006-07-27 10000000 MEDICAL BUILDING & EQUIPMENT false false false 10000000 69526 9930474 2006 false false true true false false false false false 0.00000 0.00000 0.00000 true false false false false false false LINDA PIDDINGTON SISTER OF J EPSTEIN 34164 EMPLOYEE COMPENSATION false HUDSON HOLDING COKERRWOOD INVESTME SEE PART V. 351695 RENT false PBL ASSOCIATES LP SEE PART V. 122121 RENT false FIRST NATIONAL BANK OF PENNSYLVANIA SEE PART V. 401715 INTEREST, FEES false THE WINDSOR GROUP KENNETH JAMES - CFO 113534 LAB SERVICES false BUSINESS TRANSACTIONS WITH INTERESTED PERSONS SCHEDULE L, PART IV, COLUMN B (2) HUDSON HOLDING COMPANY AND KERRWOOD INVESTMENTS ARE OWNED MORE THAN 35% BY BOARD MEMBER, JOHN HUDSON. (3) PBL ASSOCIATES, LP, IS OWNED MORE THAN 35% BY A FAMILY MEMBER OF BOARD MEMBER, JOHN HUDSON. (4) BOARD MEMBERS KENNETH JAMES, WILLIAM STRIMBU, AND STEPHEN GURGOVITS ARE BOARD MEMBERS OF FIRST NATIONAL BANK OF PENNSYLVANIA. ADDITIONALLY, ROBERT JAZWINSKI IS THE OWNER OF JFS WEALTH ADVISORS, OF WHICH THE ORGANIZATION PAID $48,000 FOR INVESTMENT SERVICES. THIS AMOUNT IS VOLUNTARILY REPORTED AS IT IS BELOW THE SCHEDULE L REPORTING THRESHOLDS. ALSO VOLUNTARILY REPORTED - WILLIAM STRIMBU'S WIFE IS COMPENSATED BY A RELATED ORGANIZATION, SHARON REGIONAL PHYSICIAN SERVICES. TOTAL COMPENSATION PAID WAS $47,227. ORGANIZATION'S MISSION FORM 990, PART III, LINE 1 MISSION STATEMENT THE MISSION OF SHARON REGIONAL HEALTH SYSTEM IS TO PROVIDE HIGH QUALITY, ADVANCED SERVICES TO THE COMMUNITIES WE SERVE. VISION STATEMENT SHARON REGIONAL HEALTH SYSTEM WILL CONTINUE TO BE THE LEADING HEALTH CARE SERVICES PROVIDER WITHIN THE SHENANGO VALLEY AND SURROUNDING COMMUNITIES. THIS WILL BE ACCOMPLISHED THROUGH: -STRIVING TO CONTINUOUSLY UPHOLD AND IMPROVE THE QUALITY OF CARE. -PROVIDING A COMPREHENSIVE ARRAY OF SERVICES. -OPERATING IN A FISCALLY RESPONSIBLE MANNER MAINTAINING VIABILITY AND INDEPENDENCE. -MAINTAINING A QUALIFIED STAFF OF EMPLOYEES AND PHYSICIANS. -EDUCATING THE PUBLIC ON PREVENTATIVE HEALTH CARE AND WELLNESS. VALUE STATEMENT WE BELIEVE IN: -PROVIDING CARE TO OUR PATIENTS THAT STRESSES QUALITY, COMPASSION, AND RESPECT THROUGH COLLABORATIVE RELATIONSHIPS. -UNITING THE EFFORTS OF EMPLOYEES, PHYSICIANS, VOLUNTEERS, AND STUDENTS TO SERVE THE COMMUNITY. -MAINTAINING THE HIGHEST ETHICAL STANDARDS. PROGRAM SERVICE ACTIVITY #1 FORM 990, PART III, LINE 4A FACILITIES UTILIZED BY SHARON REGIONAL OUTPATIENTS INCLUDE THOSE ON THE MAIN CAMPUS IN SHARON (HOSPITAL, HOME HEALTH AGENCY, INTERVENTIONAL PAIN MANAGEMENT CENTER, AND SLEEP MEDICINE CENTER); THOSE IN THE SHARON REGIONAL MEDICAL PARK IN HERMITAGE (ADVANCED WOUND RECOVERY CENTER, BEHAVIORAL HEALTH SERVICES, CANCER CARE CENTER, HOSPICE, CORPORATE HEALTH SERVICES, DIABETES CENTER, DIAGNOSTIC & IMAGING CENTER, EAR/NOSE/THROAT AND HEARING CENTER, HERMITAGE THERAPEUTIC POOL, SPORTS MEDICINE SERVICES, AND REHAB CENTER); PLUS THOSE IN OTHER COMMUNITY LOCATIONS (MERCER FAMILY MEDICINE CENTER, GREENVILLE BEHAVIORAL HEALTH SERVICES, BROOKFIELD FAMILY MEDICINE CENTER, AND HUBBARD DIAGNOSTIC & SPECIALTY CENTER). PROGRAM SERVICE ACTIVITY #3 FORM 990, PART III, LINE 4C THE EMERGENCY CARE CENTER DEPARTMENT RECENTLY PARTNERED WITH AREA AMBULANCE FIRMS TO PROVIDE THE CAPABILITY FOR THE TRANSMISSION OF 12-LEAD EKG RESULTS FROM THE FIELD DIRECTLY INTO THE EMERGENCY DEPARTMENT TO ACTIVATE THE EMERGENCY HEART ATTACK TEAM TO PRODUCE EVEN FASTER DOOR-TO-BALLOON TIMES. SHARON REGIONAL IS RECOGNIZED BY EMMCO WEST, INC AS THE ONLY STEMI HOSPITAL (CAPABLE OF PERFORMING LIFESAVING EMERGENCY ANGIOPLASTY) IN A THREE COUNTY AREA. IN ADDITION, THE EMERGENCY CARE CENTER OFFERS HIGHLY SPECIALIZED AREAS FOR THE TREATMENT OF TRAUMA, CHEST PAIN, ORTHOPEDIC PATIENTS, GYNECOLOGICAL CONDITIONS, PLUS A HAZARDOUS MATERIALS DECONTAMINATION ROOM. THE CENTER ALSO OFFERS EXPRESS CARE FOR THE FASTER TREATMENT OF MINOR ILLNESSES AND INJURIES. OFFICER RELATIONSHIPS FORM 990, PART VI, SECTION A, LINE 2 WILLIAM STRIMBU, KENNETH JAMES, AND STEPHEN GURGOVITS HAVE A BUSINESS RELATIONSHIP. REVIEW OF THE FORM 990 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY INDEPENDENT TAX ADVISORS WITH INFORMATION SUPPLIED BY THE CHIEF FINANCIAL OFFICER, DIRECTOR OF FINANCE AND OTHER FINANCIAL MANAGERS, AND LEGAL COUNSEL. THE PREPARED 990 IS SUBMITTED TO THE CHIEF FINANCIAL OFFICER FOR REVIEW. THE CHIEF FINANCIAL OFFICER PROVIDES A FULL AND COMPLETE COPY OF THE FORM 990 TO THE MEMBERS OF THE BOARD OF DIRECTORS IN ADVANCE OF THE REGULAR MEETING OF THE BOARD OF DIRECTORS. AT THE REGULAR MEETING, THE CHIEF FINANCIAL OFFICER ACCEPTS QUESTIONS OR COMMENTS TO THE FORM 990. THE BOARD APPROVES SUBMISSION OF THE FORM 990 TO THE IRS BY MOTION AND VOTE IN ACCORDANCE WITH ITS BYLAWS. CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS OF SHARON REGIONAL HEALTH SYSTEM MAINTAINS A WRITTEN POLICY DEFINING CONFLICT OF INTERESTS OF ITS DIRECTORS AND OFFICERS. ALL NEW DIRECTORS AND OFFICERS ARE ORIENTED TO THIS POLICY. ANNUALLY, THE OFFICERS AND THE MEMBERS OF THE BOARD OF DIRECTORS RECEIVE A COPY OF THE POLICIES AND EACH DIRECTOR AND OFFICER COMPLETES A CONFLICT OF INTEREST QUESTIONNAIRE. THE CHAIRMAN OF THE BOARD OF DIRECTORS REVIEWS ALL RESPONSES, CONSULTS WITH LEGAL COUNSEL, AND PROVIDES THE QUESTIONNAIRES TO SHARON REGIONAL'S AUDITORS. THE CHAIRMAN CONSIDERS COMMITTEE MEMBERSHIP AND RECUSAL FROM DISCUSSION AND VOTES IN LIGHT OF POTENTIAL CONFLICTS AND BOARD MEMBERS ROUTINELY VOLUNTARILY RECUSE THEMSELVES EVEN IF THE CONFLICT IS ONLY PERCEIVED. COMPENSATION DETERMINATION FORM 990, PART VI, SECTION B, LINES 15A & 15B THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS AND RECOMMENDS THE COMPENSATION OF THE OFFICERS OF SHARON REGIONAL HEALTH SYSTEM AND THE BOARD OF DIRECTORS APPROVES THESE RECOMMENDATIONS ANNUALLY. THE COMPENSATION COMMITTEE IS COMPOSED OF MEMBERS WHO HAVE NO INTEREST WITH THE OFFICERS. THE COMPENSATION COMMITTEE RETAINS AN INDEPENDENT CONSULTANT TO REVIEW MARKET DATA AND ESTABLISH COMPENSATION RANGES FOR EACH OFFICER IN COMPARISON WITH SIMILAR EXECUTIVE POSITIONS AT SIMILARLY SIZED HOSPITALS AND HEALTH SYSTEMS. THE COMPENSATION COMMITTEE ANNUALLY REVIEWS THE PERFORMANCE OF THE CHIEF EXECUTIVE OFFICER AND ACCEPTS THE PERFORMANCE REVIEWS CONDUCTED BY THE CHIEF EXECUTIVE OFFICER OF THE OTHER OFFICERS. DOCUMENT DISCLOSURE FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE WHEN IT IS LEGALLY REQUIRED. BOARD MEMBER COMPENSATION FORM 990, PART VII, SECTION A GEORGE C GARROW IS COMPENSATED AS AN ONCOLOGIST FOR THE ORGANIZATION AND RECEIVES NO COMPENSATION FOR HIS SERVICES AS A MEMBER OF THE BOARD OF DIRECTORS. OTHER CHANGES IN NET ASSETS FORM 990, PART XI, LINE 5 UNREALIZED GAINS ON INVESTMENTS $ 5,579,352 DEFINED BENEFIT PLANS 9,939,568 TRANSFER TO AFFILIATE (9,596,373) ------------- TOTAL $ 5,922,547 SHARON REGIONAL HEALTH SYSTEM AUXILIARY 740 EAST STATE STREET SHARON PA 16146 251768501 AUXILIARY PA 208067 40800 NA SHARON REGIONAL PHYSICIAN SERVICES 740 E STATE ST SHARON PA 16146 251640802 PHYS PRACTICE PA 501(C)(3) 9 NA CHATWOOD COMMONS CONDO ASSOCIATION 740 E STATE ST SHARON PA 16146 251678608 REAL ESTATE PA NA EXCLUDED 1272 9364 false false 0.77650 true false false false false false false false true false true false true true false false true false SHARON REGIONAL PHYSICIAN SERVICES A 34319 SHARON REGIONAL PHYSICIAN SERVICES N 250000 SHARON REGIONAL PHYSICIAN SERVICES Q 9596373