2024-09-25T16:38:16+00:00 2023-12-31 440160260 Forvis Mazars LLP 111 South Tejon Suite 800 Colorado Springs CO 809039848 990 2023-01-01 840446259 VALLEY VIEW HOSPITAL ASSOCIATION VALL 9709456535 1906 BLAKE AVENUE GLENWOOD SPRINGS CO 81601 BRIAN MURPHY MD CHIEF EXECUTIVE OFFICER 9709456535 2024-09-25 true ADAM R SMITH CPA P00958966 7194714290 2023-09-19 2023 2024-08-08 14:25:15Z BRIAN MURPHY MD 1906 BLAKE AVENUE GLENWOOD SPRINGS CO 81601 452065548 false X WWW.VVH.ORG X 1950 CO CARING FOR YOU AND YOUR FAMILY, ONE PATIENT AT A TIME. 7 6 1642 92 278545 0 1777517 1014668 297312684 335185340 -1420494 6884213 1473555 2444133 299143262 345528354 115000 139689 0 0 146121328 158378864 0 0 0 143057823 158650548 289294151 317169101 9849111 28359253 566260619 625017733 174869264 177913580 391391355 447104153 CARING FOR YOU AND YOUR FAMILY, ONE PATIENT AT A TIME. false false 272773025 139689 335185340 VALLEY VIEW HOSPITAL IS AN ACUTE CARE HOSPITAL OWNED BY VALLEY VIEW HOSPITAL ASSOCIATION, INC., A NOT-FOR-PROFIT CORPORATION. THE HOSPITAL PRIMARILY EARNS REVENUE BY PROVIDING INPATIENT, OUTPATIENT, AND EMERGENCY CARE SERVICES TO PATIENTS IN GLENWOOD SPRINGS, COLORADO. VALLEY VIEW HOSPITAL ALSO OWNS AND OPERATES CARE CENTERS IN THE NEARBY COMMUNITIES OF BASALT, CARBONDALE, EAGLE AND SILT, COLORADO AND PROVIDES SERVICES AT VARIOUS OTHER HEALTHCARE FACILITIES ON THE COLORADO WESTERN SLOPE. OPERATING ROOM - TOTAL SURGICAL VISITS OF 5,128. PHARMACY - ORDERS PROCESSED OF 454,027. LAB - BILLABLE TESTS OF 345,460. VALLEY VIEW HOSPITAL PROVIDES QUALITY MEDICAL HEALTHCARE REGARDLESS OF RACE, AGE, CREED, SEX, NATIONAL ORIGIN, OR HANDICAP. ALTHOUGH REIMBURSEMENT FOR SERVICES RENDERED IS CRITICAL TO THE OPERATION AND STABILITY OF VALLEY VIEW HOSPITAL, IT IS RECOGNIZED THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE ESSENTIAL MEDICAL SERVICES. THEREFORE, IN KEEPING WITH THE HOSPITAL'S COMMITMENT TO SERVE ALL MEMBERS OF ITS COMMUNITY, FREE CARE AND SUBSIDIZED CARE, CARE PROVIDED TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS AT BELOW COST, AND HEALTH ACTIVITIES AND PROGRAMS TO SUPPORT THE COMMUNITY WILL BE CONSIDERED WHERE THE NEED AND/OR INDIVIDUAL'S INABILITY TO PAY CO-EXISTS. THESE ACTIVITIES INCLUDE WELLNESS PROGRAMS, COMMUNITY EDUCATIONS PROGRAMS, AND SPECIAL PROGRAMS FOR THE ELDERLY, HANDICAPPED, MEDICALLY UNDERSERVED, AND VARIETY OF COMMUNITY SUPPORT ACTIVITIES. THE HOSPITAL OPERATES AN ACUTE CARE, CRITICAL CARE, FAMILY BIRTHPLACE, EMERGENCY ROOM, RADIOLOGY, CARDIOLOGY, CANCER CENTER AND MANY OTHER SPECIALTY PROGRAMS. 272773025 true true false true false false false false true true false false false true false false true false false false false false false false false true true true false true true false false false false false false false false false false false false false false false true true true false false true 297 0 1642 true true true false false false false false false false false false true false X 7 6 false false false false true true true true true false false true true true true true true true true false X BREANNE CROISSANT 9709456535 1906 BLAKE AVENUE GLENWOOD SPRINGS CO 81601 KEN MURPHY SECRETARY, BOARD MEMBER 1.0 0.0 X X 0 0 0 NETTIE AVERY FORMER CHAIR, BOARD MEMBER 1.0 0.0 X X 0 0 0 WILL DOUGLAS CHAIR, TREASURER 1.0 0.0 X X 0 0 0 FERDINAND LIOTTA MD TRUSTEE, BOARD MEMBER, ORTHOPA 40.0 0.0 X 1457087 0 91731 KIKO PENA TRUSTEE, BOARD MEMBER - BEGIN 3/2023 1.0 0.0 X 0 0 0 NICOLE MCDERMOTT MD TRUSTEE, BOARD MEMBER 1.0 0.0 X 0 0 0 PATTI MIELY TRUSTEE, BOARD MEMBER 1.0 0.0 X 0 0 0 BRIAN MURPHY MD CHIEF EXECUTIVE OFFICER 40.0 0.0 X 1120646 0 160539 CHARLES CREVLING CHIEF FINANCIAL OFFICER 40.0 0.0 X 527679 0 97307 DANIEL BIGGS CHIEF OPERATING OFFICER 40.0 0.0 X 589141 0 136364 FRANK LAWS MD CARDIOLOGIST 40.0 0.0 X 1256473 0 41285 MICHAEL POTTER MD ORTHOPAEDIC SURGEON 40.0 0.0 X 1332814 0 76739 STEPHEN JONES MD THORACIC CARDIAC SURGEON 40.0 0.0 X 1378493 0 38235 SURESH KHILNANI MD PULMONOLOGIST 40.0 0.0 X 1195704 0 41285 WADE CEOLA MD NEUROSURGEON 40.0 0.0 X 1607817 0 78960 GARY BREWER FORMER CHIEF EXECUTIVE OFFICER 1.0 0.0 X 218805 0 0 10684659 0 762445 297 true true false GASTROCOVERAGE LLC 1830 BLAKE AVENUE SUITE 207 GLENWOOD SPRINGS CO 81601 PHYSICIAN LOCUMS 1985852 GLENWOOD ANESTHESIA PROFESSIONALS PO BOX 1150 GLENWOOD SPRINGS CO 81602 PHYSICIAN LOCUMS 1618356 LOCUMTENENS HOLDINGS LLC DBA LOCUMTENEN 2655 NORTHWINDS PARKWAY ALPHARETTA GA 30009 PHYSICIAN LOCUMS 870147 HALL RENDER KILLIAN HEATH & LYMAN PC PO BOX 714570 CINCINNATI OH 455714570 LEGAL SERVICES 808786 HOST HEALTHCARE INC DEPT 0528 PO BOX 120528 DALLAS TX 753120528 STAFFING SERVICES 694426 67 627940 386728 1014668 PATIENT SERVICE REVENUE 621400 327367521 327367521 INCENTIVE PAYMENTS 621110 1817287 1817287 PLASTIC SURGERY CENTER 621110 863497 863497 MISCELLANEOUS PROGRAM INCOME 900099 394611 394611 MEDICAL/PHARMACY 561499 4742424 4742424 0 0 0 0 335185340 8024976 8024976 596344 1009115 -412771 0 -412771 -412771 98484275 645508 98985246 1285300 -500971 -639792 -1140763 -1140763 6479970 5257533 1222437 278545 943892 CAFETERIA 722514 1634467 1634467 0 0 0 0 1634467 345528354 335185340 278545 9049801 X 139689 139689 0 0 0 0 0 0 4180494 1548818 2631676 0 218805 0 218805 0 121180898 101582546 19598352 0 3653130 3000093 653037 0 21479598 17639885 3839713 0 7665939 6295569 1370370 0 0 0 0 0 947504 0 947504 0 317091 0 317091 0 8734 0 8734 0 0 0 0 0 0 0 45090639 35386284 9704355 0 1161837 80649 1081188 0 1080601 628474 452127 0 5886056 5886056 0 0 0 0 0 0 3567366 3442616 124750 0 111952 103497 8455 0 0 0 0 0 486683 381886 104797 0 5385396 4892406 492990 0 0 0 0 0 20093373 19261090 832283 0 1349703 797574 552129 0 MEDICAL SUPPLIES 57341625 56917945 423680 0 MEDICAID PROVIDER FEE 8834674 8834674 0 0 REPAIRS & MAINTENANCE 6067565 5425830 641735 0 BOOKS, DUES, LICENSES 763046 527444 235602 0 156703 0 156703 0 317169101 272773025 44396076 0 0 0 0 0 2172617 468231 11376281 27730921 0 44095963 58775476 0 0 0 0 9356536 9611544 4860461 5074639 456649245 249282805 210385901 207366440 267729817 299417223 0 5887827 5749996 10395216 10823263 566260619 625017733 32451798 44411991 2987596 0 151735 169415 131786892 127521575 0 0 2823930 1778131 4667313 4032468 174869264 177913580 X 384187568 439426646 7203787 7677507 391391355 447104153 566260619 625017733 X 28359253 26818945 577592 X false true X true false X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0.0 0 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 8734 8734 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY THE AMOUNT ON LINE 11 REPRESENTS THE PORTION OF ANNUAL DUES PAID TO THE AMERICAN HOSPITAL ASSOCIATION AND COLORADO HEALTH ASSOCIATION THAT WERE USED FOR LOBBYING PURPOSES. 3377175 625442 4002617 3692777 -315602 3377175 160001 3500000 32776 3692777 165183 -5182 160001 164784 399 165183 0.0378 0.9622 false true true 12371633 12371633 306690089 150221183 156468906 5119327 3252524 1866803 110098168 87285261 22812907 22370028 8523837 13846191 207366440 UNAMORTIZED BOND ISSUE PREMIUM 4032468 4032468 378991844 26818945 6982071 33801016 345190828 337526 337526 345528354 323279046 6266648 6266648 317012398 156703 156703 317169101 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. Schedule D, Part V, Line 4 Intended uses of endowment funds THE FOUNDATION'S ENDOWMENT FUNDS ARE INVESTMENTS. DISTRIBUTIONS ARE EITHER REINVESTED OR ARE UTILIZED TO ADVANCE THE PATIENT CARE EFFORTS AT VALLEY VIEW. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Change in Beneficial Interest in Foundation - 715423 Rental Expenses Reclassed to Revenue - 1009115 Cost of Goods Sold - 5257533 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Loss on Equity Method Investment - 137831 Income from Grantor Trust - 199695 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Rental Expense Reclassed to Revenue - 1009115 Cost of Goods Sold - 5257533 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Expenses from grantor trust - 156703 true true X true X 199 true X 500 true true true false true true 0 0 8407449 0 8407449 0.0265 0 0 54569328 43062380 11506948 0.0363 0 0 3346426 0 3346426 0.0106 0 0 66323203 43062380 23260823 0.0733 0 0 1063250 0 1063250 0.0034 0 0 0 0 0 0.0 0 0 0 0 0 0.0 0 0 228228 0 228228 0.0007 0 0 369783 0 369783 0.0012 0 0 1661261 0 1661261 0.0052 0 0 67984464 43062380 24922084 0.0786 0 0 0 0 0 0.0 0 0 0 0 0 0.0 0 0 0 0 0 0.0 0 0 0 0 0 0.0 0 0 0 0 0 0.0 0 0 268142 164919 103223 0.0003 0 0 0 0 0 0.0 0 0 0 0 0 0.0 0 0 0 0 0 0.0 0 0 268142 164919 103223 0.0003 true 13112905 0 54921088 66039933 -11118845 X true true 1 1 VALLEY VIEW HOSPITAL ASSOCIATION 1906 BLAKE AVENUE GLENWOOD SPRINGS CO 81601 WWW.VVH.ORG PDO.0500000005 X X X SOLE COMMUNITY HOSPITAL A A 1 false false true X X X X X X X X 21 true false false true X https://www.vvh.org/about/publications/ X true 22 true https://www.vvh.org/about/publications/ false true X 199.0 500.0 X X X true true X X X X true X https://www.vvh.org/patients-visitors/billing-insurance/financial-assistance/ X https://www.vvh.org/patients-visitors/billing-insurance/financial-assistance/ X https://www.vvh.org/patients-visitors/billing-insurance/financial-assistance/ X X X X X X true X false X X X X true X false false Schedule H, Part V, Section B, Line 3E THE SIGNIFICANT HEALTH NEEDS IDENTIFIED BY THE CHNA ARE ADDRESSED. Schedule H, Part V, Section B, Line 5 Facility A, 1 Facility A, 1 - VALLEY VIEW HOSPITAL. VALLEY VIEW HOSPITAL GATHERED INPUT FROM PERSONS WHO REPRESENTED THE BROAD INTERESTS OF THE COMMUNITY BY CONDUCTING A SURVEY. THE SURVEY WAS DESIGNED TO ASSEMBLE INFORMATION FROM LOCAL RESIDENTS REGARDING: - DEMOGRAPHICS OF RESPONDENTS - UTILIZATION AND PERCEPTION OF LOCAL HEALTH SERVICES - PERCEPTION OF COMMUNITY HEALTH THE IDENTITY OF THE PERSONS CONSULTED CONSISTED OF MEMBERS OF THE CHAMBER OF COMMERCE, LOCAL PHYSICIANS, COMMUNITY LEADERS, AND BUSINESS OWNERS. Schedule H, Part V, Section B, Line 11 Facility A, 1 Facility A, 1 - VALLEY VIEW HOSPITAL. VALLEY VIEW HOSPITAL'S MOST RECENT CHNA IS 2021. WITH TWO COMMUNITY HEALTH NEEDS IDENTIFIED ARE AS FOLLOWS: 1) COVERAGE AND TOTAL COST OF CARE AND 2) BEHAVIORIAL AND MENTAL HEALTH. VVH CONTINUES TO ADDRESS THESE NEEDS. REGARDING COVERAGE AND TOTAL COST OF CARE, VALLEY VIEW CONTINUES TO EXECUTE SPECIFIC ACTIONS TO ACHIEVE THE FOLLOWING IMPACTS: IMPROVED COVERAGE FOR VULNERABLE POPULATIONS; ENHANCED PRIMARY CARE HELPS MANAGEMENT OF TOTAL COST OF CARE; ENHANCED UNDERSTANDING OF PATIENT WELL-BEING DRIVES MORE EFFECTIVE STRATEGIES FOR WELLNESS, COST MANAGEMENT; ACCESSIBLE, QUALITY SPECIALTY CARE SUPPORTS COVERAGE AND COST MANAGEMENT; COSTS BETTER MANAGED THRU APPROPRIATE USE OF CARE. KEY ACTIONS IN 2023 INCLUDE CONTINUING THE CURRENT FINANCIAL AID PROGRAM TO OFFER GENEROUS ASSISTANCE TO VULNERABLE POPULATIONS, DESPITE VERY STRONG FINANCIAL HEADWINDS; INVESTMENT IN NEW EMPLOYED PRIMARY CARE PROVIDERS; ANNUAL DIRECT FINANCIAL SUPPORT OF FQHC, MOUNTAIN FAMILY HEALTH CENTERS; INVESTMENT IN A NEW DIRECT SECURE COMMUNICATIONS PLATFORM FOR ALL VVH MEDICAL STAFF TO SUPPORT PATIENT CARE/MANAGEMENT; EXPANSION OF TELEHEALTH SERVICES; NEW EDUCATIONAL OPPORTUNITIES FOR MEDICAL STAFF TO CARE FOR DIVERSE PATIENT POPULATIONS; INVESTMENTS IN NEW SERVICES AND CARE LOCATIONS TO PROMOTE ACCESS INCLUDE A NEW OP PHYSICAL THERAPY OFFICE; EXPANSION OF SPECIALTY CARE CLINICS IN PARTNERSHIP WITH HOSPITALS IN CRAIG, RANGELY, ASPEN AND RIFLE. TO ADDRESS THE BEHAVIORAL AND MENTAL HEALTH PRIORITY, VVH FOCUSED ON THE INTENDED IMPACTS: ACCESS TO QUALITY PSYCHIATRIC CARE, ENHANCED INTEGRATION OF BEHAVIORAL AND PHYSICAL HEALTH CARE; DECREASED OPIOID USE; REDUCED COMMUNITY SUICIDES; ENHANCED CARE FOR COMMUNITY MEMBERS NEEDING SUBSTANCE WITHDRAWAL. KEY ACTIONS IN 2023 INCLUDE THE CONTINUED INVESTMENT IN PSYCHIATRY PROVIDERS; FOCUS ON PROCESSES AND PARTNER RELATIONSHIPS TO SUPPORT INTEGRATION OF BEHAVIORAL AND PHYSICAL HEALTH CARE; EFFORTS TO PROMOTE ALTERNATIVE TO OPIOIDS (ALTO) AND IMPLEMENT THE ZERO SUICIDE INITIATIVE; CONTINUED COLLABORATIONS WITH LARGE AND DIVERSE COMMUNITY STAKEHOLDERS TO EVOLVE SOCIAL SETTING WITHDRAWAL MANAGEMENT FACILITY TO MEDICAL MODEL, SLATED TO OPEN IN 2024. SUBTANCE ABUSE, CANCER, AND AGING PROBLEMS ARE HEALTH NEEDS IDENTIFIED THAT ARE NOT BEING ADDRESSED IN THE IMPLEMENTATION STRATEGY BECAUSE THEY ARE BEING ADDRESSED BY OTHER ORGANIZATIONS WITH EXPERTISE AND THE CAPACITY TO DO SO. VALLEY VIEW PROVIDES STAFF EDUCATION AND AWARENESS PROMOTION TO SUPPORT THE COMMUNITY ORGANIZATIONS THAT SPECIALIZE IN ADDRESSING THESE OTHER CONCERNS. 9 ROARING FORK FAMILY PRACTICE 978 EUCLID AVENUE CARBONDALE CO 81623 FAMILY PRACTICE PEDIATRIC PARTNERS 1905 BLAKE AVENUE GLENWOOD SPRINGS CO 81601 PEDIATRICS EAGLE VALLEY FAMILY PRACTICE 377 SYLVAN LAKE ROAD EAGLE CO 81631 FAMILY PRACTICE WILLITS HEALTHCARE 350 MARKET STREET BASALT CO 81621 GENERAL PRACTICE HEALTHCARE SILT HEALTHCARE 2001 HORSESHOE TRAIL SILT CO 81652 GENERAL PRACTICE HEALTHCARE, NEUROLOGY CENTER, SPINE CENTER WOMENS' HEALTH SILT FAMILY PRACTICE 2001 HORSESHOE TRAIL SILT CO 81652 FAMILY PRACTICE HEART AND VASCULAR CENTER GRAND JUNCTION 607 25 ROAD GRAND JUNCTION CO 81505 HEART AND VASCULAR CENTER EAGLE HEALTHCARE 377 SYLVAN LAKE ROAD EAGLE CO 81631 ORTHOPAEDIC, HEART AND VASCULAR, SPINE CENTER, NEUROLOGY CENTER, UROLOGY VALLEY VIEW REHABILITATION SERVICES 2001 CROSS STREET UNIT 105 CARBONDALE CO 81623 PHYSICAL THERAPY Schedule H, Part I, Line 3 DESCRIPTION OF OTHER FACTORS USED IN DETERMINING FAP ELIGIBILITY: IN ADDITION TO THE FPG VALLEY VIEW HOSPITAL ASSOCIATION ALSO USES ASSET LEVEL, MEDICAL INDIGENCY AND INSURANCE STATUS TO DETERMINE ELIGIBILITY. Schedule H, Part I, Line 7 THE ORGANIZATION USED A COST-TO-CHARGE RATIO FOR LINES 7A AND 7B. THE COST-TO-CHARGE RATIO WAS DERIVED FROM WORKSHEET 2, RATIO OF PATIENT CARE COST-TO-CHARGES. THE INFORMATION FOR LINES 7E THROUGH 7I WAS DERIVED FROM INFORMATION IN THE GENERAL LEDGER AND OTHER FINANCIAL DATA RELATED SPECIFICALLY TO THE VARIOUS TYPES OF COMMUNITY BENEFITS. Schedule H, Part I, Line 7 Costing Methodology used to calculate financial assistance THE ORGANIZATION USED A COST-TO-CHARGE RATIO FOR LINES 7A AND 7B. THE COST-TO-CHARGE RATIO WAS DERIVED FROM WORKSHEET 2, RATIO OF PATIENT CARE COST-TO-CHARGES. THE INFORMATION FOR LINES 7E THROUGH 7I WAS DERIVED FROM INFORMATION IN THE GENERAL LEDGER AND OTHER FINANCIAL DATA RELATED SPECIFICALLY TO THE VARIOUS TYPES OF COMMUNITY BENEFITS. Schedule H, Part II Community Building Activities VALLEY VIEW HOSPITAL IS A MEMBER OF THE VALLEY HEALTH ALLIANCE WHICH PROMOTE THE HEALTH AND WELL-BEING OF OUR COMMUNITIES BY COLLABORATING TO PROVIDE HEALTHCARE THAT IS ACCESSBILE, AFFORDABLE AND HIGH QUALITY. THE MISSION IS TO MEET PEOPLE WHERE THEY ARE IN THEIR JOURNEY TO IMPROVE PERSONAL HEALTH AND WELL-BEING THROUGH TRUSTED PARTNERSHIPS WITH THEIR EMPLOYERS AND PROVIDERS. Schedule H, Part III, Line 2 Bad debt expense - methodology used to estimate amount THE HOSPITAL HAS ADOPTED REVENUE RECOGNITION STANDARD ASU 2014-09. UNDER ASU 2014-09, THE ESTIMATED AMOUNTS DUE FROM PATIENTS FOR WHICH THE HOSPITAL DOES NOT EXPECT TO BE ENTITLED OR COLLECT FROM THE PATIENTS ARE CONSIDERED IMPLICIT PRICE CONCESSIONS AND EXCLUDED FROM THE HOSPITAL'S ESTIMATION OF THE TRANSACTION PRICE OR REVENUE RECORDED. BAD DEBT EXPENSE WAS NOT SIGNIFICANT TO THE AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2023. HOWEVER, THE HOSPITAL INTERNALLY TRACKS BAD DEBT EXPENSE CONSISTENT WITH HISTORICAL PRACTICES AND THAT AMOUNT HAS BEEN REPORTED ON SCHEDULE H, PART III, SECTION A, LINE 2. Schedule H, Part III, Line 3 Bad Debt Expense Methodology VALLEY VIEW DOES NOT HAVE A METHOD TO ESTIMATE THE AMOUNT OF BAD DEBT COST THAT WOULD RELATE TO PATIENTS WHO WOULD QUALIFY FOR FINANCIAL ASSISTANCE UNDER VALLEY VIEW'S FINANCIAL ASSISTANCE POLICY. IF SUFFICIENT INFORMATION HAD BEEN RECIEVED TO MAKE A DETERMINATION OF THE PATIENT'S ELIGIBILITY; IT IS BELIEVED THAT A SIGNIFICANT AMOUNT OF BAD DEBT WOULD QUALIFY FOR CHARITY. Schedule H, Part III, Line 4 Bad debt expense - financial statement footnote ACCOUNTING STANDARD CODIFICATION TOPIC 606, REVENUE FROM CONTRACTS WITH CUSTOMERS HAS CHANGED HOW VALLEY VIEW HOSPITAL ASSOCIATION RECOGNIZES REVENUE. THE NEW STANDARD REMOVES THE BAD DEBT EXPENSE FROM BEING REPORTED ON THE AUDITED FINANCIAL STATEMENTS. DUE TO THE CHANGE IN REVENUE RECOGNITION VALLEY VIEW HOSPITAL ASSOCIATION DOES NOT HAVE A BAD DEBT EXPENSE LISTED IN THE AUDITED FINANCIAL STATEMENTS. Schedule H, Part III, Line 8 Community benefit & methodology for determining medicare costs AS A RURAL HOSPITAL THE ORGANIZATION IS CRITICAL IN PROVIDING HEALTHCARE SERVICES TO ALL COMMUNITY MEMBERS INCLUDING THE ELDERLY POPULATION WHICH MEDICAL STAFF IN THE SURROUNDING AREA RESIST TO SERVE. ACCESSIBLE, HIGH-QUALITY HEALTHCARE SERVICE IS NEEDED FOR THE OVERALL HEALTH OF OUR RESIDENTS EVEN IF OUR MEDICARE REIMBURSEMENT DOES NOT MEET THE COST OF PROVIDING THAT CARE. THE MEDICARE SHORTFALL REFLECTS THE EXCESS OF COSTS CONSISTENTLY DRIVEN UP BY INTENSIFYING REGULATORY REQUIREMENTS, SKILLED LABOR SHORTAGES AND EVOLVING MEDICAL AND INFORMATION TECHNOLOGY, OVER NON NEGOTIABLE PAYMENTS BASED ON UPDATES THAT HAVE FALLEN BEHIND ACTUAL HEALTHCARE COST INFLATION. COSTS ARE BASED ON MEDICARE COST REPORT ALLOCATIONS. THE COST REPORT WAS USED TO DETERMINE THE ALLOWABLE COSTS REPORTED ON LINE 6. Schedule H, Part III, Line 9b Collection practices for patients eligible for financial assistance FAP ALLOWS FOR A DISCOUNT OF 50% TO 100% BASED ON A SLIDING SCALE. REMAINING BALANCES AFTER THE DISCOUNT ARE TREATED AS ALL OTHER SELF PAY ACCOUNTS. THE SYSTEM GENERATES THREE STATEMENTS AND CUSTOMER SERVICE REPRESENTATIVES WILL ATTEMPT AT LEAST TWO PHONE CALLS. THE THIRD STATEMENT IS A FINAL NOTICE FOR SELF PAY AND IS GENERATED BY THE CUSTOMER SERVICE SUPERVISOR AT ABOUT 90 DAYS. WITHOUT OTHER ARRANGEMENTS, THE DEBT IS TRANSFERRED TO THE COLLECTION AGENCY AFTER 120 DAYS. Schedule H, Part V, Section B, Line 16a FAP website A - VALLEY VIEW HOSPITAL ASSOCIATION: Line 16a URL: https://www.vvh.org/patients-visitors/billing-insurance/financial-assistance/; Schedule H, Part V, Section B, Line 16b FAP Application website A - VALLEY VIEW HOSPITAL ASSOCIATION: Line 16b URL: https://www.vvh.org/patients-visitors/billing-insurance/financial-assistance/; Schedule H, Part V, Section B, Line 16c FAP plain language summary website A - VALLEY VIEW HOSPITAL ASSOCIATION: Line 16c URL: https://www.vvh.org/patients-visitors/billing-insurance/financial-assistance/; Schedule H, Part VI, Line 2 Needs assessment NEEDS ASSESSMENT: VALLEY VIEW CONDUCTS A FORMAL COMMUNITY HEALTH NEEDS ASSESSMENT EVERY THREE YEARS. THE HOSPITAL ASSESSES THE HEALTH NEEDS OF THE COMMUNITIES IT SERVES THROUGH SURVEYS TAKEN BY COMMUNITY HEALTH DEPARTMENTS AND INPUT FROM COMMUNITY FOCUS GROUPS. IN ADDITION, WE ARE ACTIVELY INVOLVED WITH KEY COMMUNITY ORGANIZATIONS AND AGENCIES TO BEST UNDERSTAND AND RESPOND TO THE HEALTH CARE NEEDS OF THE COMMUNITY WE SERVE. FOR EXAMPLE, WE ARE COLLABORATING WITH THE CITY OF GLENWOOD SPRINGS TO HELP ADDRESS THE CHALLENGES OF HOMELESSNESS AND SUBSTANCE ABUSE BY EXPLORING HOUSING OPPORTUNITIES AND A COMMUNITY DETOX. Schedule H, Part VI, Line 3 Patient education of eligibility for assistance PATIENT EDUCATION OF ELIGIBILITY FOR ASSISTANCE: THE HOSPITAL HIRES EMPLOYEES ON A FULL-TIME BASIS TO ASSIST PATIENTS IN COMPLETING FORMS THAT DETERMINE THEIR ELIGIBILITY FOR ATTAINING FINANCIAL ASSISTANCE. Schedule H, Part VI, Line 4 Community information COMMUNITY INFORMATION: THE HOSPITAL DEFINES ITS PRIMARY SERVICE AREA AS THE COMMUNITIES OF GLENWOOD SPRINGS, CARBONDALE, NEW CASTLE, SILT, AND RIFLE IN GARFIELD COUNTY, AND GYPSUM AND BASALT IN EAGLE COUNTY. SEVERAL OF THE HOSPITAL'S PHYSICIAN PRACTICES EXTEND THEIR PATIENT OUTREACH EFFORTS BY PARTNERING WITH OTHER CLINICS AND HOSPITALS THROUGHOUT THE COLORADO WESTERN SLOPE. ACCORDING TO GOVERNMENT CENSUS INFORMATION, FOR 2022 GLENWOOD SPRINGS HAD 8.5% PERSONS BELOW THE POVERTY LEVEL. Schedule H, Part VI, Line 5 Promotion of community health PROMOTION OF COMMUNITY HEALTH: VALLEY VIEW HOSPITAL (VVH) IS THE MOST COMPREHENSIVE HEALTHCARE PROVIDER ACROSS THE THREE-COUNTY RURAL REGION THAT IT SERVES IN WESTERN COLORADO. ITS SERVICES INCLUDE THE LARGEST NETWORK OF PRIMARY CARE AND SPECIALTY CARE, SUCH AS 24/7/365 CARDIOVASCULAR CARE, THAT ARE UNIQUE TO THE REGION. FREE AND REDUCED CARE THROUGH A GENEROUS FINANCIAL AID PROGRAM SUPPORTS ACCESS TO VVH'S SERVICES BY VULNERABLE POPULATIONS. IT HAS INVESTED IN RESOURCES AND PROGRAMS TO ADDRESS SPECIFIC BARRIERS TO CARE, INCLUDING TRANSLATION SERVICES AND TELEHEALTH. OTHER PROGRAMS AND ACTIVITIES ALSO ADVANCE THE HEALTH OF THE COMMUNITY. VVH DYNAMICALLY COLLABORATES WITH OTHER SERVICE PROVIDERS IN THE CARE MANAGEMENT OF PATIENTS WITH POSITIVE HEALTH-RELATED SOCIAL NEEDS SCREENINGS, INCLUDING THE CO RAE-Region COMMUNITY HEALTH NETWORK. VVH PROVIDES DIRECT FINANCIAL SUPPORT TO THE AREA'S FEDERALLLY QUALIFIED HEALTH CENTER, MOUNTAIN FAMILY HEALTH CENTER. IT ALSO PROVIDES FINANCIAL SUPPORT TO RECRUIT AND RETAIN REGIONAL PRIMARY CARE PROVIDERS. VVH ACTIVELY COLLABORATES WITH NUMEROUS ENTITIES TO FURTHER PROMOTE COMMUNITY HEALTH. FOR EXAMPLE, IT IS A MEMBER AND LEADER OF THE VALLEY HEALTH ALLIANCE AND WEST MOUNTAIN REGIONAL HEALTH ALLIANCE. LASTLY, VALLEY VIEW INVESTS IN THE HEALTH OF THE AREA'S STUDENT ATHLETES THROUGH ITS ATHLETIC TRAINER PROGRAM. A VVH CERTIFIED ATHLETIC TRAINER IS EMBEDDED IN EACH OF THE AREA'S THREE HIGH SCHOOLS. VVH ORTHOPEDIC SURGEONS, PHYSICIANS AND OTHER MEDICAL STAFF PROVIDE ADDITIONAL SUPPORT. Schedule H, Part VI, Line 6 Affiliated health care system DESCRIPTION OF AFFILIATION: VALLEY VIEW HOSPITAL IS AFFILIATED WITH VALLEY VIEW FOUNDATION. VALLEY VIEW HOSPITAL FOUNDATION (THE FOUNDATION) IS A NOT-FOR-PROFIT ORGANIZATION OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES IN SUPPORT OF THE MISSION AND PURPOSES OF THE HOSPITAL. THE FOUNDATION IS AN AFFILIATE CONTROLLED BY THE HOSPITAL. Schedule H, Part VI, Line 7 State filing of community benefit report CO true Aspen Community Foundation 600 E Hopkins Ave Ste 202 Aspen CO 81611 840829226 501(c)(3) 7500 BOOK SPONSORSHIP 5Point Film Festival 525 Buggy Circle Carbondale CO 81623 383770309 501(c)(3) 10000 BOOK Sponsorship Basalt Soccer Club Inc DBA Roaring Fork United PO Box 222 Carbondale CO 81623 841403212 501(c)(3) 12000 BOOK Sponsorship Mind Springs Health Inc 715 Horizon Dr Ste 225 Grand Junction CO 81506 264166271 501(c)(3) 100000 BOOK Sponsorship 4 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. VALLEY VIEW HOSPITAL DOES NOT OFFER GRANTS TO THE ORGANIZATIONS, IT OFFERS DONATIONS AND SPONSORSHIPS. THE COMMUNITY RELATIONS AND ADMINISTRATION DEPARTMENTS MONITOR AND SELECT WHICH ORGANIZATIONS VALLEY VIEW HOSPITAL WILL SUPPORT WITH DONATIONS. X false true X X X X false true false false false false false true false FERDINAND LIOTTA MD TRUSTEE, BOARD MEMBER, ORTHOPA 724868 0 681331 0 50888 0 18150 0 73581 0 1548818 0 0 0 CHARLES CREVLING CHIEF FINANCIAL OFFICER 379994 0 124827 0 22858 0 62317 0 34990 0 624986 0 0 0 BRIAN MURPHY MD CHIEF EXECUTIVE OFFICER 793326 0 290765 0 36555 0 99400 0 61139 0 1281185 0 0 0 DANIEL BIGGS CHIEF OPERATING OFFICER 470968 0 114000 0 4173 0 59900 0 76464 0 725505 0 0 0 WADE CEOLA MD NEUROSURGEON 1150878 0 429272 0 27667 0 18150 0 60810 0 1686777 0 0 0 STEPHEN JONES MD THORACIC CARDIAC SURGEON 1267414 0 50140 0 60939 0 18150 0 20085 0 1416728 0 0 0 MICHAEL POTTER MD ORTHOPAEDIC SURGEON 722241 0 585533 0 25040 0 18150 0 58589 0 1409553 0 0 0 FRANK LAWS MD CARDIOLOGIST 823364 0 404137 0 28972 0 18150 0 23135 0 1297758 0 0 0 SURESH KHILNANI MD PULMONOLOGIST 849164 0 303537 0 43003 0 18150 0 23135 0 1236989 0 0 0 GARY BREWER FORMER CHIEF EXECUTIVE OFFICER 0 0 0 0 218805 0 0 0 0 0 218805 0 0 0 Schedule J, Part I, Line 1a Tax indemnification and gross-up payments CHRISTMAS GIFTS OF $100-$250 WERE GIVEN TO OFFICERS AND KEY EMPLOYEES AND GROSSED UP FOR TAXES. Schedule J, Part I, Line 1b Written policy regarding payment or reimbursement of expenses THE CHRISTMAS GIFTS ARE DISCRETIONARY AND IMMATERIAL; THEREFORE, NO WRITTEN POLICY HAS BEEN IMPLEMENTED. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan BRIAN MURPHY, CHARLES CREVLING, AND DANIEL BIGGS PARTICIPATE IN A SERP PLAN AND EMPLOYER CONTRIBUTIONS DURING CALENDAR YEAR 2023 WERE $81,250, $44,167 AND $50,000 RESPECTIVELY. Schedule J, Part I, Line 7 Non-fixed payments THE CEO, CFO, AND ALL HIGHEST COMPENSATED EMPLOYEES RECEIVED A BONUS DURING CALENDAR YEAR 2023. THE BONUS WAS DETERMINED BY THE BOARD COMPENSATION COMMITTEE. THE BONUS IS BASED ON MULTIPLE FACTORS INCLUDING, BUT NOT LIMITED TO: SALARY, PRODUCTIVITY, COLLECTIONS, PATIENT SATISFACTION, AND QUALITY AND FINANCIAL GOALS. A COLORADO HEALTH FACILITIES AUTHORITY 840752932 19648FFS8 2015-12-08 48891253 OBLIGATIONS ISSUED FOR IMPROVEMENT AND EXPANSION OF FACILITIES. false false false B COLORADO HEALTH FACILITIES AUTHORITY 840752932 19648A5G6 2017-12-19 47469359 OBLIGATIONS ISSUED TO REFUND SERIES 2008 BONDS false false false C COLORADO HEALTH FACILITIES AUTHORITY 840752932 2022-08-17 51905000 OBLIGATIONS ISSUED TO REFUND SERIES 2018 BONDS false false false A 4337425 0 48891253 0 0 0 434759 0 0 48456494 0 0 2020 false false true true B 9760719 0 47469359 4894286 0 0 498920 0 0 0 51864725 0 2017 false true true true C 1695000 0 51905000 0 0 0 385612 0 0 0 51519388 0 2022 true false true true A false true true true false 0.0 0.0 0.0 false false true B false true true true false 0.0 0.0 0.0 false false true C false true true true false 0.0 0.0 0.0 false false true A false false false true false false false false true B false false true false false false false false true C false false true false false false false false true A true B true C true Schedule K, Part IV, Line 2c SCHEDULE K, PART IV, LINE 2C, COLUMN (A) THE ARBRITRAGE CALCULATION FOR THE 2015 ISSUANCE WAS PERFORMED IN 2020 AND NO REBATE WAS DUE. Schedule K, Part V Different Procedures to Undertake Corrective Action Issuer name: COLORADO HEALTH FACILITIES AUTHORITY n/a Schedule K, Part IV, Line 2c COLUMN A Issuer name: COLORADO HEALTH FACILITIES AUTHORITY The calculation for computing no rebate due was performed on 01/01/2020 Schedule K, Part V Different Procedures to Undertake Corrective Action Issuer name: COLORADO HEALTH FACILITIES AUTHORITY n/a Schedule K, Part V Different Procedures to Undertake Corrective Action Issuer name: COLORADO HEALTH FACILITIES AUTHORITY n/a Form 990, Part VI, Line 6 Classes of members or stockholders THERE ARE TWO CLASSES OF MEMBERS: CHARTER OR LIFE MEMBERS AND ANNUAL MEMBERS. THOSE PERSONS OR ENTITIES WHO ARE CHARTER OR LIFE MEMBERS AS OF 7/31/1995 WILL CONTINUE TO BE LIFE MEMBERS. PERSONS WHO BECOME MEMBERS OF THE ASSOCIATION AFTER 7/31/1995 SHALL PAY AN ANNUAL MEMBERSHIP FEE OF $25.00. EACH MEMBER IN GOODSTANDING SHALL HAVE ONE VOTE IN THE BUSINESS OF THE CORPORATION. AS OF 12/31/2023 THERE WERE 44 LIFETIME MEMBERS AND 27 ANNUAL MEMBERS. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body DESCRIPTION OF MEMBERS POWER TO ELECT OR APPOINT GOVERNING BODY: EACH MEMBER OF THE CORPORATION IN GOOD STANDING SHALL BE QUALIFIED TO VOTE ON ELECTION OF BOARD MEMBERS AND TO HOLD ANY OFFICE IN THE CORPORATION TO WHICH HE MAY BE ELECTED OR APPOINTED. MEMBERS OF THE CORPORATION SHALL BE ELECTED TO THE BOARD OF TRUSTEES OF THE CORPORATION AS APPROPRIATE AT EACH ANNUAL MEETING OF THE CORPORATION. THE BOARD OF TRUSTEES SHALL CONSIST OF SEVEN ELECTED MEMBERS OF THE CORPORATION. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders DESCRIPTION OF GOVERNANCE DECISIONS RESERVED BY MEMBERS: EACH MEMBER OF THE CORPORATION IN GOOD STANDING SHALL BE QUALIFIED TO VOTE ON THE DISPOSITION OF ASSETS. Form 990, Part VI, Line 11b Review of form 990 by governing body DESCRIPTION OF PROCESS TO REVIEW FORM 990: INFORMATION FOR SCHEDULES ARE COMPILED BY THE SENIOR ACCOUNTING STAFF AND THE CONTROLLER, SUBMITTED TO INDEPENDENT TAX ADVISORS TO ASSEMBLE INTO THE FORM 990. THE FORM 990 IS THEN REVIEWED BY THE CFO AND PROVIDED TO THE BOARD OF DIRECTORS BEFORE BEING FILED WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy DESCRIPTION OF CONFLICT-OF INTEREST POLICY: TRUSTEES, OFFICERS AND DIRECTORS, EMPLOYED PHYSICIANS, AND MEMBERS OF THE VALLEY VIEW MEDICAL STAFF WHO ARE IN POSITIONS THAT HAVE INFLUENCE OVER THE AFFAIRS OF VALLEY VIEW AND WHO HAVE A DIRECT OR INDIRECT FINANCIAL INTEREST IN VALLEY VIEW, ARE REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE OF INTEREST STATEMENT FOR ANY REAL, POTENTIAL OR PERCEIVED CONFLICT OF INTEREST. TEAM MEMBERS AT OR ABOVE THE MANAGEMENT LEVEL MUST COMPLETE A CONFLICT-OF-INTEREST DISCLOSURE STATEMENT ONLINE VIA SYMPLR MANAGEMENT SYSTEM UPON HIRE OR APPOINTMENT AND THEN ANNUALLY. TEAM MEMBERS WHO ARE BELOW THE MANAGER LEVEL MUST DISCLOSE POTENTIAL CONFLICTS OF INTEREST TO THEIR IMMEDIATE SUPERVISORS AND SHALL CONTACT THE ADMINISTRATION SUPERVISOR TO COMPLETE A CONFLICT-OF-INTEREST DISCLOSURE STATEMENT ONLINE VIA SYMPLR MANAGEMENT SYSTEM OR VIA PAPER. THE BOARD CHAIR AND DIRECTOR OF COMPLIANCE MONITOR THE CONFLICT-OF-INTEREST DISCLOSURES WITH ADDITIONAL OVERSIGHT PROVIDED BY LEGAL COUNSEL AND THE BOARD AUDIT AND COMPLIANCE COMMITTEE IF A CONFLICT ARISES, THE INDIVIDUAL IN QUESTION IS RECUSED FROM VOTING ON THE MATTER. Form 990, Part VI, Line 15a Process to establish compensation of top management official IN SETTING THE CEO'S COMPENSATION, THE BOARD THROUGH IT'S LEGAL COUNSEL ENGAGES AN INDEPENDENT THIRD PARTY ON A REGULAR BASIS TO DETERMINE THE COMPARABILITY NATIONALLY FOR SIMILARLY SITUATED HOSPITALS TO ESTABLISH MARKET COMPARISONS FOR CEO TOTAL COMPENSATION. IN THE SPRING OF 2023 THE BOARD ENGAGED SULLIVAN COTTER TO CONDUCT THIS ANALYSIS. THE BOARD THEN REVIEWS RECOMMENDATIONS, DETERMINES THE COMPENSATION LEVEL AND APPROVES ANY CHANGE. OTHER EXECUTIVE LEADERS' COMPENSATION IS COMPARED USING SURVEYS INCLUDING BUT NOT LIMITED TO THE SULLIVAN COTTER REPORT RELATIVE TO THEIR RESPECTIVE POSITIONS AND OTHER SOURCES WHICH MAY INCLUDE WILLIS TOWERS DATA, MOUNTAIN STATES EMPLOYER'S COUNCIL DATA AND OTHER REAL TIME MARKET DATA AS IS RELEVANT. THE PROCESS FOR DETERMING THE COMPENSATION IS RECORDED IN THE BOARD MINUTES AND EMPLOYEE FILES. Form 990, Part VI, Line 15b Process to establish compensation of other employees IN SETTING OFFICER AND KEY EMPLOYEE COMPENSATION, THE CEO USED COMPARABILITY DATA IN THE SPRING 2023: THE COMPENSATION COMMITTEE OF THE BOARD THROUGH IT'S LEGAL COUNSEL ENGAGED THE INDEPENDENT THIRD-PARTY FIRM SULLIVAN COTTER TO DETERMINE THE COMPARABILITY NATIONALLY FOR SIMILARLY SITUATED HOSPITALS TO ESTABLISH MARKET COMPARISONS FOR TOTAL COMPENSATION. OFFICER AND KEY EMPLOYEE COMPNESATION IS REVIEWED AND APPROVED BY THE CEO. THE PROCESS FOR DETERMINING THE COMPENSATION IS RECORDED IN THE BOARD MINUTES AND EMPLOYEE FILES. Form 990, Part VI, Line 19 Required documents available to the public DESCRIPTION OF DOCUMENT MADE AVAILABLE TO THE PUBLIC: VALLEY VIEW'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN IRC SECTION 6104(D). Form 990, Part IX, Line 11g Other Fees PHYSICIAN FEES - Total Expense: 11737872, Program Service Expense: 11737872, Management and General Expenses: , Fundraising Expenses: ; CONTRACT LABOR - Total Expense: 14056865, Program Service Expense: 13187497, Management and General Expenses: 869368, Fundraising Expenses: ; RECRUITING - Total Expense: 695975, Program Service Expense: 223742, Management and General Expenses: 472233, Fundraising Expenses: ; OTHER PURCHASED SERVICES - Total Expense: 18599927, Program Service Expense: 10237173, Management and General Expenses: 8362754, Fundraising Expenses: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances LOSS FROM EQUITY METHOD INVESTMENT - -137831; CHANGE IN BENEFICIAL INTEREST IN FOUNDATION - 715423; FORM 990, PART VI, SECTION A, LINE 6 FORM 990, PART VI, SECTION A, LINE 6 THERE ARE TWO CLASSES OF MEMBERS: CHARTER OR LIFE MEMBERS AND ANNUAL MEMBERS. THOSE PERSONS OR ENTITIES WHO ARE CHARTER OR LIFE MEMBERS AS OF 7/31/1995 WILL CONTINUE TO BE LIFE MEMBERS. PERSONS WHO BECOME MEMBERS OF THE ASSOCIATION AFTER 7/31/1995 SHALL PAY AN ANNUAL MEMBERSHIP FEE OF $25.00. EACH MEMBER IN GOOD STANDING SHALL HAVE ONE VOTE IN THE BUSINESS OF THE CORPORATION. AS OF 12/31/2023 THERE WERE 44 LIFETIME MEMBERS AND 27 ANNUAL MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A FORM 990, PART VI, SECTION A, LINE 7A DESCRIPTION OF MEMBERS POWER TO ELECT OR APPOINT GOVERNING BODY: EACH MEMBER OF THE CORPORATION IN GOOD STANDING SHALL BE QUALIFIED TO VOTE ON ELECTION OF BOARD MEMBERS AND TO HOLD ANY OFFICE IN THE CORPORATION TO WHICH HE MAY BE ELECTED OR APPOINTED. MEMBERS OF THE CORPORATION SHALL BE ELECTED TO THE BOARD OF TRUSTEES OF THE CORPORATION AS APPROPRIATE AT EACH ANNUAL MEETING OF THE CORPORATION. THE BOARD OF TRUSTEES SHALL CONSIST OF SEVEN ELECTED MEMBERS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7B FORM 990, PART VI, SECTION A, LINE 7B DESCRIPTION OF GOVERNANCE DECISIONS RESERVED BY MEMBERS: EACH MEMBER OF THE CORPORATION IN GOOD STANDING SHALL BE QUALIFIED TO VOTE ON THE DISPOSITION OF ASSETS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990, PART VI, SECTION B, LINE 11B DESCRIPTION OF PROCESS TO REVIEW FORM 990: INFORMATION FOR SCHEDULES ARE COMPILED BY THE SENIOR ACCOUNTANTING STAFF AND THE CONTROLLER, SUBMITTED TO INDEPENDENT TAX ADVISORS TO ASSEMBLE INTO THE FORM 990. THE FORM 990 IS THEN REVIEWED BY THE CFO AND PROVIDED TO THE BOARD OF DIRECTORS BEFORE BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C FORM 990, PART VI, SECTION B, LINE 12C DESCRIPTION OF CONFLICT-OF-INTEREST POLICY: TRUSTEES, OFFICERS AND DIRECTORS, EMPLOYED PHYSICIANS, AND MEMBERS OF THE VALLEY VIEW MEDICAL STAFF WHO ARE IN POSITIONS THAT HAVE INFLUENCE OVER THE AFFAIRS OF VALLEY VIEW AND WHO HAVE A DIRECT OR INDIRECT FINANCIAL INTEREST IN VALLEY VIEW, ARE REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE OF INTEREST STATEMENT FOR ANY REAL, POTENTIAL OR PERCEIVED CONFLICT OF INTEREST. TEAM MEMBERS AT OR ABOVE THE MANAGEMENT LEVEL MUST COMPLETE A CONFLICT-OF-INTEREST DISCLOSURE STATEMENT ONLINE VIA SYMPLR MANAGEMENT SYSTEM UPON HIRE OR APPOINTMENT AND THEN ANNUALLY. TEAM MEMBERS WHO ARE BELOW THE MANAGER LEVEL MUST DISCLOSE POTENTIAL CONFLICTS OF INTEREST TO THEIR IMMEDIATE SUPERVISORS AND SHALL CONTACT THE ADMINISTRATION SUPERVISOR TO COMPLETE A CONFLICT-OF-INTEREST DISCLOSURE STATEMENT ONLINE VIA SYMPLR MANAGEMENT SYSTEM OR VIA PAPER. THE BOARD CHAIR AND DIRECTOR OF COMPLIANCE MONITOR THE CONFLICT-OF-INTEREST DISCLOSURES WITH ADDITIONAL OVERSIGHT PROVIDED BY LEGAL COUNSEL AND THE BOARD AUDIT AND COMPLIANCE COMMITTEE IF A CONFLICT ARISES, THE INDIVIDUAL IN QUESTION IS RECUSED FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A FORM 990, PART VI, SECTION B, LINE 15A IN SETTING THE CEO'S COMPENSATION, THE BOARD THROUGH IT'S LEGAL COUNSEL ENGAGES AN INDEPENDENT THIRD PARTY ON A REGULAR BASIS TO DETERMINE THE COMPARABILITY NATIONALLY FOR SIMILARLY SITUATED HOSPITALS TO ESTABLISH MARKET COMPARISONS FOR CEO TOTAL COMPENSATION. IN THE SPRING OF 2022 THE BOARD ENGAGED SULLIVAN COTTER TO CONDUCT THIS ANALYSIS. THE BOARD THEN REVIEWS RECOMMENDATIONS, DETERMINES THE COMPENSATION LEVEL AND APPROVES ANY CHANGE. OTHER EXECUTIVE LEADERS' COMPENSATION IS COMPARED USING SURVEYS INCLUDING BUT NOT LIMITED TO THE SULLIVAN COTTER REPORT RELATIVE TO THEIR RESPECTIVE POSITIONS AND OTHER SOURCES WHICH MAY INCLUDE WILLIS TOWERS DATA, MOUNTAIN STATES EMPLOYER'S COUNCIL DATA AND OTHER REAL TIME MARKET DATA AS IS RELEVANT. THE PROCESS FOR DETERMING THE COMPENSATION IS RECORDED IN THE BOARD MINUTES AND EMPLOYEE FILES. FORM 990, PART VI, SECTION B, LINE 15B FORM 990, PART VI, SECTION B, LINE 15B IN SETTING OFFICER AND KEY EMPLOYEE COMPENSATION, THE CEO USED COMPARABILITY DATA IN THE SPRING 2022: THE COMPENSATION COMMITTEE OF THE BOARD THROUGH IT'S LEGAL COUNSEL ENGAGED THE INDEPENDENT THIRD-PARTY FIRM SULLIVAN COTTER TO DETERMINE THE COMPARABILITY NATIONALLY FOR SIMILARLY SITUATED HOSPITALS TO ESTABLISH MARKET COMPARISONS FOR TOTAL COMPENSATION. OFFICER AND KEY EMPLOYEE COMPNESATION IS REVIEWED AND APPROVED BY THE CEO. THE PROCESS FOR DETERMINING THE COMPENSATION IS RECORDED IN THE BOARD MINUTES AND EMPLOYEE FILES. FORM 990, PART VI, SECTION C, LINE 19 FORM 990, PART VI, SECTION C, LINE 19 DESCRIPTION OF DOCUMENT MADE AVAILABLE TO THE PUBLIC: VALLEY VIEW'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN IRC SECTION 6104(D). VALLEY VIEW HOSPITAL FOUNDATION 1906 BLAKE AVENUE GLENWOOD SPRINGS CO 81601 731664673 SUPPORT VVH CO 501(c)(3) Type I VVHA true false false true false false false false false false false false false true true true false false false false VALLEY VIEW HOSPITAL FOUNDATION C 627940 CASH TRANSFER