2024-07-15T15:34:40-05:00 2023-08-31 Forvis Mazars LLP 2700 Post Oak Blvd Ste 1500 HOUSTON TX 77056 990 2022-09-01 851941193 Hendrick Medical Center Brownwood % ERICH WALLSCHLAEGER HEND 3256702000 1900 Pine Street Abilene TX 79601 Jeremy Walker CFO 3256702000 2024-07-15 true Jeremy Walker XXX-XX-XXXX Amanda Maya P01067777 7134994600 2 2022 2023-04-26 12:10:37Z ERICH WALLSCHLAEGER 1501 BURNETT DR BROWNWOOD TX 76801 117227793 false X WWW.HENDRICKHEALTH.ORG X 2020 TX TO DELIVER HIGH QUALITY HEALTHCARE EMPHASIZING EXCELLENCE AND COMPASSION CONSISTENT WITH THE HEALING MINISTRY OF JESUS CHRIST. 5 5 526 15 0 0 2638800 338000 106303875 115520434 100 45000 369321 1324359 109312096 117227793 4028 6701 0 0 37647379 40458702 0 0 0 52868734 56161478 90520141 96626881 18791955 20600912 112066071 107611837 69270049 71899697 42796022 35712140 X TO DELIVER HIGH QUALITY HEALTHCARE EMPHASIZING EXCELLENCE AND COMPASSION CONSISTENT WITH THE HEALING MINISTRY OF JESUS CHRIST. false false 84871110 6701 115520434 CHARITY CARE PROGRAM: HENDRICK MEDICAL CENTER BROWNWOOD, IN KEEPING WITH ITS MISSION, VISION, AND VALUES AS A BAPTIST ORGANIZATION, HAS ALWAYS MAINTAINED A GENEROUS CHARITY CARE PROGRAM TO ASSURE THAT THOSE WITH THE INABILITY TO PAY HAVE ACCESS TO THE SERVICES PROVIDED BY HENDRICK. THE CHARITY POLICY IN EFFECT DURING THE PERIOD COVERED BY THIS REPORT PROVIDES THAT FAMILIES WITH INCOMES BELOW 250% OF THE FEDERAL POVERTY GUIDELINES ARE ELIGIBLE FOR SERVICES, WITH NO PERSONAL FINANCIAL RESPONSIBILITY. FAMILIES WITH INCOMES ABOVE 250% OF THE FEDERAL POVERTY GUIDELINES RECEIVE CARE WITH PARTIAL FINANCIAL RESPONSIBILITY INCREASING AS THE FAMILY INCOME EXCEEDS THE FEDERAL POVERTY GUIDELINES. HENDRICK PROVIDES FINANCIAL COUNSELORS AND SOCIAL WORKERS TO HELP PATIENTS WITH HEALTHCARE NEEDS BY IDENTIFYING COMMUNITY RESOURCES AVAILABLE AND BY ASSISTING THEM IN THEIR EFFORTS TO IDENTIFY AND QUALIFY FOR GOVERNMENT-SPONSORED PROGRAMS. PROVIDING GOVERNMENT PROGRAMS BELOW COST: HENDRICK IS ALSO COMMITTED TO PARTICIPATING IN GOVERNMENT FUNDED PROGRAMS SUCH AS MEDICARE, MEDICAID, TRICARE, COUNTY INDIGENCY, ETC. THE COST OF SERVICES OFTEN EXCEEDS THE REIMBURSEMENT PROVIDED BY THESE PROGRAMS. 84871110 true true false false false false false false false true true false false false true false false true false false false false false false false false true true false false true false false false false false false false false false false false false false true true true false false true 75 0 true 526 true false false false false false false false false false false false false X 5 5 false false false false true true true true true false false true true true true true true true true false X ERICH WALLSCHLAEGER 3256493300 1501 BURNETT DR BROWNWOOD TX 76801 X BRAD HOLLAND PRESIDENT/CEO 2.0 50.0 X 0 1339936 214500 ROB WILEY VICE PRESIDENT/CMO/CQO 2.0 42.0 X 0 640246 85738 JEREMY WALKER VICE PRESIDENT 2.0 50.0 X 0 610703 82357 MICHAEL MURPHY VICE PRESIDENT/COO 2.0 44.0 X 0 545760 73704 RONALD DAVID EVANS VICE PRESIDENT/GC/COMP 2.0 40.0 X 0 470213 74369 KRISTA BATY CHIEF ADMINISTRATIVE OFFICER 40.0 0.0 X 422661 0 80919 SUSAN WADE COO 2.0 44.0 X 0 420312 56022 BRIAN BESSENT VP/CHIEF STRATEGY & EXP. 2.0 42.0 X 0 365539 74860 ERICH WALLSHLAEGER CFO 40.0 0.0 X 364090 0 49332 KIRK CANADA VICE PRESIDENT/COO 2.0 42.0 X 0 280508 55061 AMERICA FARRELL VICE PRESIDENT 2.0 40.0 X 0 266699 36665 HEATHER RAY CHIEF NURSING OFFICER 2.0 40.0 X 0 246698 24438 ETHEL CUMPTON REGISTERED NURSE 40.0 0.0 X 206643 0 9952 DWAYNE HARRIS TRAUMA REGISTRY COORDINATOR 40.0 0.0 X 211247 0 2596 JUDY MORGAN NURSING SUPERVISOR, BSN 40.0 0.0 X 193037 0 18556 TAMATHA BROWN REGISTERED NURSE 40.0 0.0 X 186237 0 20868 JENNIFER HINZE NURSING SUPERVISOR, BSN 40.0 0.0 X 181542 0 23899 JORY S LEE COO 40.0 0.0 X 111634 0 32449 JESSICA CONNELL CNO 40.0 0.0 X 88598 0 39654 LARRY SMITH TRUSTEE 2.0 0.0 X 0 0 0 JOE MELSON CHAIR 2.0 2.0 X 0 0 0 RANDY LLOYD 1ST VICE CHAIR 2.0 4.0 X 0 0 0 LEIGH BLACK 2ND VICE CHAIR 2.0 4.0 X 0 0 0 PAUL WALDROP TRUSTEE 2.0 2.0 X 0 0 0 1965689 5186614 1055939 56 false true false PHILIPS MEDICAL CAPITAL LLC PO BOX 92449 CLEVELAND OH 44193 FINANCIAL CONSULTING 363543 TEXAS HEALTHCARE LINEN LLC 1349 N ARNOLD BLVD ABILENE TX 79603 LAUNDRY SERVICES 260398 WEST TX PHYSICS CONSULTING 16822 PERRY ST TYLER TX 75707 CONSULTING 240000 ALLEN TEINERT CONSTRUCTION PO BOX 5327 LUBBOCK TX 79408 CONSTRUCTION 224218 TIM BRASHER LLC DBA BRASHER CO 508 GARMON EARLY TX 76802 SPRINKLER SERVICES 116494 6 13000 325000 0 338000 Net Patient Revenue 621110 115520434 115520434 115520434 0 0 0 41385 41385 0 41385 41385 45000 0 45000 45000 45000 0 0 0 0 0 0 0 0 0 Miscellaneous Revenue 900099 862891 862891 Cafeteria Reveue 900099 420083 420083 1282974 117227793 115520434 0 1369359 X 6701 6701 0 0 0 1189336 1075357 113979 0 31684599 28827361 2857238 610269 546898 63371 4673062 4028519 644543 2301436 2106439 194997 199085 199085 3121 3121 33648 33648 0 0 0 17322356 15178998 2143358 78897 5579 73318 918489 784564 133925 2601259 1148872 1452387 0 1169530 1183337 -13807 84484 60882 23602 0 0 4446236 3556328 889908 0 4346849 2892359 1454490 815925 644790 171135 MEDICAL EQUIPMENT 17714272 17702557 11715 REPAIRS & MAINTENANCE 1710155 1635658 74497 EQUIPMENT EXPENSES 1101063 1004537 96526 DIETARY 576638 1180 575458 3039471 2277988 761483 96626881 84871110 11755771 0 757119 17714 0 811331 0 0 16952349 12019624 0 0 0 0 0 0 3160391 3232796 2939160 2723667 43018427 10602298 31868487 32416129 0 0 0 0 0 0 54176347 54176347 2212218 2214229 112066071 107611837 9625240 12237959 0 0 0 307447 0 0 0 0 0 0 58289000 58289000 0 0 1355809 1065291 69270049 71899697 X 42696954 35437412 99068 274728 42796022 35712140 112066071 107611837 X 20600912 -27684794 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10609156 1200000 1194921 13004077 15190183 1145934 5726961 10609156 12659336 1224769 1427324 121246 15190183 11856560 260767 542009 12659336 11472392 256270 134371 6473 11856560 0.40180 0.59820 false true true 2800000 2800000 17436078 3209032 14227046 1327284 364462 962822 20315322 7004327 13310995 1139743 24477 1115266 32416129 0 Operating Leases 363143 Finance Leases 478812 ESTIMATED AMOUNTS DUE TO 3RD PARTY 223336 1065291 117221092 -6701 -6701 117227793 117227793 96620180 96620180 6701 6701 96626881 SCHEDULE D, PART XI, LINE 2D RECONCILIATION OF AUDITED FINANCIAL STATEMENTS TO FORM 990 REVENUE ON BOOKS, NOT ON RETURN: DONATION EXPENSE IN AUDIT REVENUE $ (6,701) SCHEDULE D, PART XII, LINE 4B RECONCILIATION OF AUDITED FINANCIAL STATEMENTS TO FORM 990 EXPENSE ON RETURN, NOT ON BOOKS: DONATION EXPENSE IN AUDIT REVENUE $ 6,701 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 TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. SCHEDULE D, PART V, LINE 4 ENDOWMENT FUNDS ARE INTENDED TO SUPPORT CAPITAL PROJECTS AND OPERATIONS OF HENDRICK MEDICAL CENTER AND HENDRICK MEDICAL CENTER BROWNWOOD. SCHEDULE D, PART V, COLUMN B THE PRIOR YEAR COLUMN HAS BEEN UPDATED TO INCLUDE RELEASE OF FUNDS FOR EXPENDITURES THAT WAS OMITTED FROM THE PRIOR YEAR ENDOWMENT REPORTING. true true X true X 250. true X true true false true true 3525059 1280768 2244291 0.02320 12815548 24217414 -11401866 0.00000 16340607 25498182 -9157575 0.02320 6701 6701 0.00000 6701 6701 0.00000 16347308 25498182 -9150874 0.02320 false 23680439 1420826 20866802 27495854 -6629052 X true true 1 1 HENDRICK MEDICAL CENTER BROWNWOOD 1501 BURNETT RD BROWNWOOD TX 76801 WWW.HENDRICKHEALTH.ORG 100528 X X X HENDRICK MEDICAL CENTER BROWNWOOD 1 false false true X X X X X X X X 21 true false false true X SEE PART V, SECTION C X true 21 true SEE PART V, SECTION C false true X 250. 250. X X X true true X X X X true X SEE PART V, SECTION C X SEE PART V, SECTION C X SEE PART V, SECTION C X X X X X X true X false X X X X true X false false SCHEDULE H, PART V, SECTION B, LINES 16A, 16B,& 16C THE FINANCIAL ASSISTANCE POLICY, APPLICATION FORM, AND PLAIN LANGUAGE SUMMARY ARE WIDELY AVAILABLE AT THE FOLLOWING WEBSITE: HTTPS://WWW.HENDRICKHEALTH.ORG/PATIENTS-VISITORS/BILLING/FINANCIAL-ASSISTA NCE/ SCHEDULE H, PART V, SECTION B, LINE 7A & 10A THE HOSPITAL'S CHNA AND IMPLEMENTATION STRATEGY ARE POSTED AT THE FOLLOWING WEBSITE: WWW.HENDRICKHEALTH.ORG/COMMUNITY/COMMUNITY-HEALTH-NEEDS-ASSESSMENT/ SCHEDULE H, PART V, SECTION B, LINE 11 ALL NEEDS IDENTIFIED THROUGH THE CHNA ARE BEING ADDRESSED BY THE IMPLEMENTATION STRATEGY. THE COMMUNITY WAS PRESENTED WITH THE CHNA RESULTS AND COMMITTEES HAVE BEEN FORMED WITH COMMUNITY MEMBERS TO ADDRESS NEEDS IDENTIFIED BY THE CHNA. SCHEDULE H, PART I, LINE 3C IN ADDITION TO USING FEDERAL POVERTY GUIDELINES FOR ELIGIBILITY CRITERIA FOR FINANCIAL ASSISTANCE, HMCB USES MEDICAL INDIGENCY, INSURANCE STATUS, AND RESIDENCY. SCHEDULE H, PART I, LINE 7 HENDRICK MEDICAL CENTER BROWNWOOD USES A COMBINATION OF COST-TO-CHARGE RATIO AND COST ACCOUNTING SYSTEM FIGURES FOR CALCULATING THE COMMUNITY BENEFIT AMOUNTS REPORTED FOR EACH LINE. THE RATIO CALCULATED IN SCHEDULE H INSTRUCTIONS WORKSHEET 2, RATIO OF PATIENT CARE COST-TO-CHARGES, WAS USED FOR LINES 7A AND 7B. AN INTERNAL COST ACCOUNTING WAS USED FOR LINES 7F AND 7I. SCHEDULE H, PART III, SECTION A, LINE 2 THE HOSPITAL ADOPTED REVENUE RECOGNITION STANDARD ASU 2014-09. UNDER ASU 2014-09, THE ESTIMATED AMOUNTS DUE FROM PATIENTS FOR WHICH THE HEALTH SYSTEM DOES NOT EXPECT TO BE ENTITLED OR COLLECT FROM THE PATIENTS ARE CONSIDERED IMPLICIT PRICE CONCESSIONS AND EXCLUDED FROM THE HEALTH SYSTEM'S ESTIMATION OF THE TRANSACTION PRICE OR REVENUE RECORDED. BAD DEBT EXPENSE WAS NOT SIGNIFICANT TO THE AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED AUGUST 31, 2023. HOWEVER, THE HOSPITAL INTERNALLY TRACKS BAD DEBT EXPENSE CONSISTENT WITH HISTORICAL PRACTICES WITHIN THE SYSTEM AND THAT AMOUNT HAS BEEN REPORTED ON SCHEDULE H, PART III, SECTION A, LINE 2. SCHEDULE H, PART III, SECTION A, LINE 3 THE ORGANIZATION'S ESTIMATE OF THE AMOUNT OF BAD DEBT ATTRIBUTABLE TO CHARITY CARE PATIENTS IS ESTIMATED AT 6%. SCHEDULE H, PART III, SECTION A, LINE 4 HENDRICK HAS ELECTED TO APPLY THE OPTIONAL EXEMPTION PROVIDED IN FASB ASC 606-10-50-14(A) AND, THEREFORE, IS NOT REQUIRED TO DISCLOSE THE AGGREGATE AMOUNT OF THE TRANSACTION PRICE ALLOCATED TO PERFORMANCE OBLIGATIONS THAT ARE UNSATISFIED OR PARTIALLY UNSATISFIED AT THE END OF THE REPORTING PERIOD. THE FINANCIAL STATEMENT FOOTNOTE DESCRIBING BAD DEBT IS LOCATED ON PAGE 18 OF THE AUDITED FINANCIAL STATEMENT REPORT. SCHEDULE H, PART III, SECTION B, LINE 8 THE ORGANIZATION HAD A MEDICARE SHORTFALL IN THE AMOUNT OF $6,629,052. THE STATE OF TEXAS TREATS MEDICARE SHORTFALL AS A COMMUNITY BENEFIT FOR MEETING STATUTORY REQUIREMENTS FOR CHARITY CARE AND COMMUNITY BENEFIT. SCHEDULE H, PART III, SECTION C, LINE 9B NEITHER THE ORGANIZATION, NOR THIRD PARTIES AUTHORIZED BY THE ORGANIZATION, TAKE ANY ACTIONS UPON NON-PAYMENT FROM A PATIENT BEFORE MAKING A REASONABLE EFFORT TO DETERMINE IF THE PATIENT IS ELIGIBLE FOR THE FACILITY'S FINANCIAL ASSISTANCE POLICY. SCHEDULE H, PART VI, LINE 2 HENDRICK MEDICAL CENTER BROWNWOOD(HENDRICK) CONDUCTED A COMMUNITY HEALTH NEEDS ASSESSMENT (CHNA) IN JANUARY THROUGH JUNE OF 2022, WITH THE ASSISTANCE OF CRESCENDO CONSULTING GROUP. THE ASSESSMENT DETERMINED THE MOST PRESSING HEALTH NEEDS OF BROWN COUNTY. BASED ON CURRENT LITERATURE AND OTHER GUIDANCE FROM THE TREASURY AND THE IRS, THE FOLLOWING STEPS WERE TAKEN AS PART OF HENDRICK'S CHNA: - THE COMMUNITY SERVED WAS DEFINED UTILIZING INPATIENT DATA REGARDING PATIENT ORIGIN. - POPULATION DEMOGRAPHICS AND SOCIOECONOMIC CHARACTERISTICS OF THE COMMUNITY WERE GATHERED AND REPORTED UTILIZING VARIOUS THIRD PARTIES. - HEALTH STATUS OF THE COMMUNITY WAS REVIEWED. - AN INVENTORY OF HEALTH CARE FACILITIES AND RESOURCES WAS PREPARED. - COMMUNITY INPUT WAS PROVIDED THROUGH KEY INFORMANT INTERVIEWS OF COMMUNITY STAKEHOLDERS. THE INFORMATION GATHERED WAS ANALYZED AND REVIEWED TO IDENTIFY HEALTH ISSUES OF UN-INSURED PERSONS, LOW-INCOME AND UNDERSERVED POPULATIONS, AND THE COMMUNITY AS A WHOLE. SCHEDULE H, PART VI, LINE 3 HENDRICK PROVIDES MANY OPPORTUNITIES FOR PATIENT EDUCATION ON FINANCIAL ASSISTANCE. THE PROGRAMS ARE OUTLINED ON HENDRICK'S WEBSITE, SIGNS AND BROCHURES ARE AT EVERY REGISTRATION POINT, PRE-ADMIT LETTERS ARE SENT TO SURGERY PATIENTS THAT CONTAIN FINANCIAL ASSISTANCE INFORMATION, AND APPLICATIONS ARE GIVEN TO EVERY UNINSURED TRAUMA CENTER PATIENT. SCHEDULE H, PART VI, LINE 4 HENDRICK HEALTH SYSTEM IS ACTIVELY DELIVERING CARE FOR A 24 COUNTY SERVICE AREA WITH A BROAD RANGE OF DEMOGRAPHICS. HMCB SERVES PRIMARILY RESIDENTS OF BROWN COUNTY WITH A POPULATION OF ABOUT 38 THOUSAND. SCHEDULE H, PART VI, LINE 5 THE COMMUNITY BUILDING ACTIVITIES ARE USED TO POSITIVELY IMPACT THE COMMUNITY AND EDUCATE THE COMMUNITY ON HEALTH TOPICS. THESE ARE DESIGNED TO MEET THE SPECIFIC NEEDS OF THE COMMUNITY. SCHEDULE H, PART VI, LINE 6 HENDRICK MEDICAL CENTER BROWNWOOD IS PART OF AN ORGANIZATION OF AFFILIATED COMPANIES THAT PROVIDE MEDICAL AND OTHER HEALTH CARE RELATED SERVICES TO TAYLOR COUNTY AND SURROUNDING COUNTY SERVICE AREAS. THE PRIMARY BUSINESS AREAS ARE INPATIENT, OUTPATIENT AND EMERGENCY CARE SERVICES, SUB-ACUTE CARE, INPATIENT AND OUTPATIENT REHABILITATION, LONG-TERM CARE, NURSING HOME CARE, HOME HEALTH CARE, HOSPICE CARE, MEDICAL OFFICE BUILDING LEASING, DURABLE MEDICAL EQUIPMENT SALES AND LEASING, PHYSICIAN PRACTICES AND A REGIONAL HEALTH MAINTENANCE ORGANIZATION. AFFILIATES INCLUDE HENDRICK MEDICAL CENTER FOUNDATION, HENDRICK PROVIDER NETWORK, HENDRICK MEDICAL OFFICE BUILDINGS, LLC, HENDRICK ANESTHESIA NETWORK, HENDRICK HOSPICE CARE, HENDRICK SOUTHWESTERN HEALTH DEVELOPMENT CORPORATION, HENDRICK HEALTH NETWORK, HMC HOSPICE PROPERTIES AND HENDRICK MEDICAL CENTER. SCHEDULE H, PART VI, LINE 7 TEXAS X X X X X false true false false false false false false false KRISTA BATY CHIEF ADMINISTRATIVE OFFICER 279914 0 119203 0 23544 0 37540 0 43379 0 503580 0 23544 0 ERICH WALLSHLAEGER CFO 258304 0 86528 0 19258 0 33478 0 15854 0 413422 0 19258 0 BRAD HOLLAND PRESIDENT/CEO 0 810472 0 393629 0 135835 0 173162 0 41338 0 1554436 0 129526 JEREMY WALKER VICE PRESIDENT 0 400244 0 175678 0 34781 0 49816 0 32541 0 693060 0 34781 SUSAN WADE COO 0 274906 0 113819 0 31587 0 35812 0 20210 0 476334 0 25224 AMERICA FARRELL VICE PRESIDENT 0 266699 0 0 0 0 0 6544 0 30121 0 303364 0 0 BRIAN BESSENT VP/CHIEF STRATEGY & EXP. 0 239367 0 101738 0 24434 0 32040 0 42820 0 440399 0 18746 HEATHER RAY CHIEF NURSING OFFICER 0 179305 0 57219 0 10174 0 17530 0 6908 0 271136 0 10174 RONALD DAVID EVANS VICE PRESIDENT/GC/COMP 0 325363 0 114211 0 30639 0 36343 0 38026 0 544582 0 20180 KIRK CANADA VICE PRESIDENT/COO 0 194667 0 77811 0 8030 0 22290 0 32771 0 335569 0 8030 ROB WILEY VICE PRESIDENT/CMO/CQO 0 442091 0 177924 0 20231 0 44976 0 40762 0 725984 0 20231 JUDY MORGAN NURSING SUPERVISOR, BSN 180537 0 12500 0 0 0 2809 0 15747 0 211593 0 0 0 MICHAEL MURPHY VICE PRESIDENT/COO 0 392478 0 153282 0 0 0 29650 0 44054 0 619464 0 0 DWAYNE HARRIS TRAUMA REGISTRY COORDINATOR 201356 0 8500 0 1391 0 2438 0 158 0 213843 0 0 0 ETHEL CUMPTON REGISTERED NURSE 198143 0 8500 0 0 0 2850 0 7102 0 216595 0 0 0 TAMATHA BROWN REGISTERED NURSE 172693 0 11500 0 2044 0 2220 0 18648 0 207105 0 0 0 JENNIFER HINZE NURSING SUPERVISOR, BSN 173042 0 8500 0 0 0 3209 0 20690 0 205441 0 0 0 SCHEDULE J, PART I, LINE 4B PARTICIPATION IN OR PAYMENT FROM SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN PARTICIPANTS IN 457(F) REPORTED IN W-2 DEF. COMPENSATION PAID BY ---------------------- --------------- ----------------- ------- SUSAN WADE 25,224 27,572 HMC JEREMY WALKER 34,781 40,666 HMC BRIAN BESSENT 18,746 24,646 HMC BRAD HOLLAND 129,526 164,012 HMC HEATHER RAY 10,174 12,271 HMC KIRK CANADA 8,030 16,211 HMC RONALD DAVID EVANS 20,180 27,193 HMC ROB WILEY 20,231 44,976 HMC KRISTA BATY 23,544 28,877 HMCB ERICH WALLSCHLAEGER 19,258 25,752 HMCB JORY LEE NONE 3,229 HMCB JESSICA CONNELL NONE 3,334 HMCB FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE ORGANIZATION IS HENDRICK MEDICAL CENTER. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER OF THE ORGANIZATION, HENDRICK MEDICAL CENTER, SHALL APPOINT EACH TRUSTEE TO SERVE ON THE GOVERNING BOARD. EACH TRUSTEE SHALL BE A MEMBER OF THE BOARD OF TRUSTEES OF THE MEMBER. FORM 990, PART VI, SECTION A, LINE 7B ALL POWERS OF THE ORGANIZATION ARE RESERVED EXCLUSIVELY TO THE MEMBER EXCEPT CERTAIN SPECIFIED POWERS OF THE BOARD OR TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B PROCESS TO REVIEW THE FORM 990 THE ORGANIZATION ENGAGES AN OUTSIDE ACCOUNTING FIRM TO PREPARE FORM 990. ONCE PREPARED, THE FORM IS REVIEWED BY THE ORGANIZATION'S INTERNAL ACCOUNTANTS AND ADMINISTRATIVE MANAGEMENT. THE FORM IS THEN POSTED ON A GOVERNANCE PORTAL FOR THE BOARD TO ACCESS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY THE ORGANIZATION SENDS OUT A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY TO ALL TRUSTEES OF THE BOARD AND TO THE EXECUTIVE EMPLOYEES. THE QUESTIONNAIRES ARE REVIEWED BY OUR OUTSIDE AUDITORS PRIOR TO THE ANNUAL AUDIT AND BY THE ORGANIZATION'S DIRECTOR OF COMPLIANCE TO IDENTIFY POSSIBLE CONFLICTS OF INTEREST AND OTHER FINANCIAL RELATIONSHIPS UNDER THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A & 15B REVIEW OF CEO OR TOP MGMT OFFICIAL COMPENSATION A COMPREHENSIVE REVIEW OF COMPENSATION IS CONDUCTED BY AN INDEPENDENT PARTY AT LEAST EVERY THREE YEARS. THE REVIEW WAS CONDUCTED IN FALL OF 2023 BY GALLAGHER BENEFIT SERVICES, INC. THIS REPORT PRESENTS THE RESULTS OF THE ANALYSIS OF SALARY, INCENTIVE, TOTAL CASH COMPENSATION (SALARY PLUS INCENTIVE), BENEFITS, AND TOTAL COMPENSATION (TOTAL CASH AND BENEFITS). INTEGRATED HEALTHCARE STRATEGIES (IHS) WORKS WITH THE PERSONNEL COMMITTEE TO FORMALLY DEFINE AN EXECUTIVE TOTAL COMPENSATION PHILOSOPHY. HENDRICK HEALTH SYSTEM'S CURRENT PHILOSOPHY IS TO USE RANGES BUILT AROUND THE MEDIAN OF THE MARKET WITH A 50% SPREAD FROM MINIMUM TO MAXIMUM. INCENTIVE OPPORTUNITY LEVELS ARE COMPETITIVE WITH PRACTICES OF PEER GROUPS AND BENEFITS WILL BE DELIVERED AT MARKET COMPETITIVE LEVELS. SEVERANCE AND PERQUISITES REFLECT A CONSERVATIVE PHILOSOPHY. THE COMMITTEE DETERMINED THAT THE PEER GROUP WOULD BE PRIMARILY REGIONAL NOT-FOR-PROFIT HOSPITALS OF SIMILAR SIZE AND COMPLEXITY. NATIONAL PEER GROUP WILL BE USED FOR REFERENCE PURPOSES WHERE APPROPRIATE. THE HENDRICK HEALTH SYSTEM PERSONNEL COMMITTEE IS DELEGATED THE RESPONSIBILITY FOR THE EXECUTIVE COMPENSATION PROGRAM BY THE BOARD OF TRUSTEES. THE COMMITTEE: SETS THE OVERALL EXECUTIVE COMPENSATION PHILOSOPHY TO BE IMPLEMENTED BY HENDRICK HEALTH SYSTEM; SETS COMPENSATION COMPONENTS FOR THE PRESIDENT AND CEO; REVIEWS, DISCUSSES AND MAKES DECISIONS BASED ON THE PRESIDENT AND CEO'S RECOMMENDATIONS FOR HIS DIRECT REPORTS; REPORTS A SUMMARY OF THE PROCESS BACK TO THE BOARD OF TRUSTEES ALONG WITH THE ACTUAL COMPENSATION APPROVED FOR THE PRESIDENT AND CEO; AND APPROVES ALL INCENTIVE GOALS AND AWARDS. INCENTIVE GOALS AND AWARDS. INCENTIVE GOALS AND AWARDS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS TRANSFERS FROM AFFILIATES $ (27,860,454) CHANGE IN INTEREST IN NET ASSETS HMCF 175,660 --------------- $ (27,684,794) FORM 990 PART IX LINE 11G DESCRIPTION:CONTRACT LABOR - NURSING TOTAL FEES:6286360 FORM 990 PART IX LINE 11G DESCRIPTION:CONTRACT LABOR - OTHER TOTAL FEES:1145492 FORM 990 PART IX LINE 11G DESCRIPTION:CONTRACT LABOR - INT'L TRAVEL TOTAL FEES:120519 FORM 990 PART IX LINE 11G DESCRIPTION:CONTRACT LABOR - O.T. TOTAL FEES:58279 FORM 990 PART IX LINE 11G DESCRIPTION:PURCH SVC - MEDICAL TOTAL FEES:352891 FORM 990 PART IX LINE 11G DESCRIPTION:PURCH SVC - LAB/DIAG TOTAL FEES:419545 FORM 990 PART IX LINE 11G DESCRIPTION:PURCH SVC - COLLECTIONS TOTAL FEES:162519 FORM 990 PART IX LINE 11G DESCRIPTION:PURCH SCV - CONSULTING TOTAL FEES:155227 FORM 990 PART IX LINE 11G DESCRIPTION:PURCH SVC - LAUNDRY/LINEN TOTAL FEES:322284 FORM 990 PART IX LINE 11G DESCRIPTION:PURCH SVC - LPPF & TEHP TOTAL FEES:2277994 FORM 990 PART IX LINE 11G DESCRIPTION:PURCH SVC - OTHER SERVICES TOTAL FEES:3692271 FORM 990 PART IX LINE 11G DESCRIPTION:PROF FEES - PHYSICIANS TOTAL FEES:1712649 FORM 990 PART IX LINE 11G DESCRIPTION:PROF FEES - CONSULTING TOTAL FEES:464643 FORM 990 PART IX LINE 11G DESCRIPTION:PROF FEES - OTHER TOTAL FEES:151683 HENDRICK MEDICAL CENTER PO BOX 3117 ABILENE TX 79604 750827446 HEALTHCARE TX 501(C)(3) 3 NA false HENDRICK MEDICAL CENTER FOUNDATION PO BOX 3117 ABILENE TX 79604 237413284 FUNDRAISING TX 501(C)(3) 7 HMC true HENDRICK ANESTHESIA NETWORK PO BOX 3117 ABILENE TX 79604 752728889 ANESTHESIA TX 501(C)(3) 10 HMC true HENDRICK PROVIDER NETWORK PO BOX 3117 ABILENE TX 79604 752660403 PHYS. GROUP TX 501(C)(3) 10 HMC true HENDRICK HOSPICE CARE PO BOX 3117 ABILENE TX 79604 751835287 HOSPICE CARE TX 501(C)(3) 10 HMC true HMC HOSPICE PROPERTIES PO BOX 3117 ABILENE TX 79604 814244839 PROPERTY MGMT TX 501(C)(3) 12A, TYPE 1 HMC true TEXAS MIDWEST SURGERY CENTER 751 N 18TH STREET ABILENE TX 79601 752800127 SURGERY CENTER TX HMC RELATED false 0 false HENDRICK HEALTH NETWORK PO BOX 3117 ABILENE TX 79604 721619011 HEALTH INSURANCE TX HMC C-CORPORATION true HENDRICK SOUTHWESTERN HEALTH DEV CORP PO BOX 3117 ABILENE TX 79604 751598794 RETAIL SALES TX HMC C-CORPORATION true false true true false false false false false false false true false false false false false false true true HENDRICK PROVIDER NETWORK K 570274 BOOK VALUE