| PART IV - BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS |
MOUNT AUBURN HOSPITAL, MOUNT AUBURN PROFESSIONAL SERVICES AND CAREGROUP PARMENTER HOME CARE & HOSPICE MAY BE REFERRED TO IN THESE EXPLANATORY NOTES TO FORM 990 SCHEDULE L PART IV AS MAH, MAPS AND CPHCH RESPECTIVELY.DONOR #3SUBSTANTIAL CONTRIBUTORAMOUNT OF TRANSACTION: $6,229,025DESCRIPTION OF TRANSACTION: CAPITAL PROJECTS RENOVATIONDONOR #5SUBSTANTIAL CONTRIBUTORAMOUNT OF TRANSACTION: $321,596DESCRIPTION OF TRANSACTION: PHYSICIAN FEESDONOR #39SUBSTANTIAL CONTRIBUTORAMOUNT OF TRANSACTION: $817,766DESCRIPTION OF TRANSACTION: CASE MANAGEMENT SERVICES, DATA WAREHOUSING, AND ACO EXPENSESDONOR #49SUBSTANTIAL CONTRIBUTORAMOUNT OF TRANSACTION: $1,616,472DESCRIPTION OF TRANSACTION: PHYSICIAN FEESDONOR #89SUBSTANTIAL CONTRIBUTORAMOUNT OF TRANSACTION: $2,817,357DESCRIPTION OF TRANSACTION: IT NETWORK EQUIPMENT AND SUPPORT SERVICESDONOR #92SUBSTANTIAL CONTRIBUTORAMOUNT OF TRANSACTION: $4,321,435DESCRIPTION OF TRANSACTION: SOFTWARE LICENSE PURCHASE AND SUPPORT FEESMOUNT AUBURN HOSPITAL, MOUNT AUBURN PROFESSIONAL SERVICES AND CAREGROUP PARMENTER HOME CARE & HOSPICE MAY BE REFERRED TO IN THESE EXPLANATORY NOTES TO FORM 990 SCHEDULE L PART IV AS MAH, MAPS AND CPHCH RESPECTIVELY.MICHAEL SHORTSLEEVE, M.D., A MEMBER OF THE MAH BOARD OF TRUSTEES AND CHAIR OF THE DEPARTMENT OF RADIOLOGY, IS THE PRESIDENT OF SCHATZKI ASSOCIATES. SCHATZKI ASSOCIATES PROVIDED RADIOLOGY AND TEACHING SERVICES TO MAH, INCLUDING THE CHAIR OF THE DEPARTMENT OF RADIOLOGY. CHARGES FOR THOSE SERVICES DURING THE FISCAL YEAR WERE $321,596. THE FEES PAID TO SCHATZKI ASSOCIATES REFLECTED FAIR MARKET VALUE RATES. SEE FORM 990 PART VII AND SCH J FOR ADDITIONAL INFORMATION. KATHERINE RAFFERTY, COMMUNITY RELATIONS DIRECTOR AT MOUNT AUBURN HOSPITAL, IS THE SISTER OF JAMES RAFFERTY WHO IS A MAH TRUSTEE. HER SALARY AND OTHER INCOME FOR THE CALENDAR YEAR 2017 INCLUDE:BASE COMPENSATION: $97,295 INCENTIVE COMPENSATION: $225OTHER REPORTABLE COMPENSATION: $4,049DEFERRED COMPENSATION: $7,277NON-TAXABLE BENEFITS: $10,846ALL DIRECTORS/TRUSTEES SERVE WITHOUT COMPENSATION OR BENEFITS. COMPENSATION PAID TO OFFICERS, DIRECTORS, TRUSTEES, OR KEY EMPLOYEES WAS EARNED FOR WORK PERFORMED IN A CAPACITY OTHER THAN THAT OF DIRECTOR/TRUSTEE. MOUNT AUBURN HOSPITAL (MAH) MAINTAINS AN ACCOUNTABLE BUSINESS EXPENSE REIMBURSEMENT PLAN. FROM TIME TO TIME, MAH MAY REIMBURSE ITS OFFICERS, DIRECTORS/TRUSTEES AND/OR KEY EMPLOYEES FOR EXPENSES THEY INCURRED AND WHICH ARE PROPERLY ORDINARY AND NECESSARY BUSINESS EXPENSES OF THE REPORTING ENTITY. THE POLICIES AND PROCEDURES REQUIRED BY THE ACCOUNTABLE BUSINESS PLAN MUST BE FOLLOWED IN ORDER TO RECEIVE REIMBURSEMENT FOR SUCH EXPENSES AND IT IS POSSIBLE THAT ONE OR MORE INDIVIDUALS RECEIVED NON-TAXABLE REIMBURSEMENTS WHICH TOTALED $10,000 OR MORE DURING THE FISCAL PERIOD COVERED BY THIS FILING.ALL OF THE ABOVE TRANSACTIONS WERE NEGOTIATED AT ARMS-LENGTH AND IN ACCORDANCE WITH THE MAH CONFLICT OF INTEREST POLICY AND REFLECT FAIR MARKET PAYMENTS AND RATES. |