2024-11-15T16:53:16+00:00 2023-12-31 440160260 Forvis Mazars LLP 312 Walnut Street Suite 3000 Cincinnati OH 45202 990 2023-01-01 263086555 Reid Physician Associates Inc REID 7659833000 1100 REID PARKWAY RICHMOND IN 47374 CRAIG KINYON PRESIDENT/CEO 7659833000 2024-11-15 true true Aaron Hershberger P00961884 5136218300 2024-11-15 2023 2024-10-15 13:58:12Z CRAIG KINYON 1100 REID PARKWAY RICHMOND IN 47374 103185630 false X WWW.REIDHEALTH.ORG X 2008 IN TO EMPLOY PHYSICIANS & PROFESSIONALS WHO PROMOTE HEALTH THROUGH EDUCATION, PREVENTION OF ILLNESS AND INJURY, AND THE PROVISION OF QUALITY, COST EFFECTIVE SERVICES TO THE PUBLIC. 19 14 1060 150 0 0 472843 604064 95641223 97893076 -734 -16128 3409555 4688490 99522887 103169502 0 0 0 0 134750350 144439242 0 0 163093 17557598 17109144 152307948 161548386 -52785061 -58378884 19671987 14859547 620178671 673745115 -600506684 -658885568 THE MISSION OF REID PHYSICIAN ASSOCIATES, INC. IS TO EMPLOY PHYSICIANS AND HEALTH PROFESSIONALS WHO PROMOTE COMMUNITY HEALTH THROUGH EDUCATION, PREVENTION OF ILLNESS AND INJURY, AND THE PROVISION OF QUALITY, COST EFFECTIVE MEDICAL SERVICES TO THE PUBLIC WE SERVE. THIS MISSION IS ACCOMPLISHED THROUGH 1) THE EMPLOYMENT AND RETENTION OF PHYSICIANS, MID-LEVEL PROVIDERS, AND PHYSICIAN STAFF TO ADVANCE ITS PRIMARY PURPOSE OF PROMOTING COMMUNITY HEALTH; AND 2) COMMUNITY HEALTH EDUCATION AND OUTREACH PROGRAMS FOR PATIENTS AND COMMUNITY MEMBERS, PREVENTION OF ILLNESS AND INJURY, AND PROVISION AND EXPANSION OF MEDICAL SERVICES FOR THE PUBLIC IN A MULTI-COUNTY SERVICE AREA. false false 27141356 97893076 IN KEEPING WITH THE SHARED COMMITMENT OF REID PHYSICIAN ASSOCIATES, INC. AND REID HOSPITAL & HEALTH CARE SERVICES, INC. TO PROVIDE SERVICE TO ALL MEMBERS OF OUR MULTI-COUNTY SERVICE AREA INCLUDING THE ELDERLY, DISABLED, AND POOR, REID PHYSICIAN ASSOCIATES, INC. PROVIDES CARE REGARDLESS OF ABILITY TO PAY. OUR SERVICES INCLUDE THOSE COVERED BY THE MEDICARE AND MEDICAID PROGRAMS AT BELOW COST AS WELL AS DISCOUNTED SERVICES FOR THE POOR IN ACCORDANCE WITH REID HOSPITAL & HEALTH CARE SERVICES, INC.'S FINANCIAL ASSISTANCE POLICY. IN 2023, REID PHYSICIAN ASSOCIATES, INC. PROVIDED OUR COMMUNITY A TOTAL OF 58,711 PHYSICIAN DAYS, RESULTING IN 888,989 PATIENT ENCOUNTERS OF WHICH 408,496 WERE MEDICARE AND 139,032 WERE MEDICAID PATIENT ENCOUNTERS. THESE PATIENT ENCOUNTERS INCLUDE 36,112 FIRST TIME PATIENTS WITH 16,594 BEING MEDICARE AND 5,648 BEING MEDICAID PATIENTS. PLEASE NOTE, PAYER BREAKDOWNS ARE ESTIMATED BASED OFF OF PROPORTION OF GROSS CHARGES FOR THESE PAYER TYPES. 27141356 true true false false false false false false false true false false false true true false true false false false false false false false false false false false true false false false false false false false false false false false false false true false true false true 24 0 true 1060 true false false false false false false false false X 19 14 false false false false true true true true true false false true true true true true true true true false IN X CRAIG KINYON 7659833000 1100 REID PARKWAY RICHMOND IN 47374 BONITA WASHINGTON-LACEY BOARD MEMBER - SECRETARY 3.0 6.0 X X 0 0 0 CRAIG KINYON PRESIDENT - CHIEF EXECUTIVE OFFICER 12.5 62.5 X X 0 1141633 148722 JAMES TANNER BOARD MEMBER - 2ND VICE CHAIR 3.0 6.0 X X 0 0 0 MARK HARRINGTON BOARD MEMBER - TREASURER 3.0 6.0 X X 0 0 0 PAUL LINGLE BOARD MEMBER - 1ST VICE CHAIR 3.0 6.0 X X 0 0 0 TOM HILKERT BOARD MEMBER - CHAIR 6.0 12.0 X X 0 0 0 ALEASIA STEWART BOARD MEMBER 3.0 6.0 X 0 0 0 BRETT GUILEY BOARD MEMBER 3.0 6.0 X 0 0 0 DENISE RETZ BOARD MEMBER 3.0 6.0 X 0 0 0 GARRY KLEER BOARD MEMBER 3.0 6.0 X 0 0 0 JANET MECKLEY MD BOARD MEMBER 45.0 6.0 X 382426 0 26615 JOHN HENDERSON BOARD MEMBER 3.0 6.0 X 0 0 0 JOHN MCGINTY MD BOARD MEMBER 45.0 6.0 X 751123 0 51082 JORDAN RAYNOR MD BOARD MEMBER 45.0 6.0 X 488748 0 53515 KAREN CLARK BOARD MEMBER 3.0 6.0 X 0 0 0 KATHY GIRTEN BOARD MEMBER 3.0 6.0 X 0 0 0 MORGAN HOWARD BOARD MEMBER 3.0 6.0 X 0 0 0 ROBIN HENRY BOARD MEMBER 3.0 6.0 X 0 0 0 ROY TENG DO BOARD MEMBER 3.0 51.0 X 1039009 0 54355 WILLIAM BLACK MD BOARD MEMBER (TERM ENDED) 48.0 6.0 X 371786 0 42257 HON Q VIEN Physician - Orthopedic 50.0 0.0 X 1906853 0 54885 MICHAEL KHAMIS Physician - Radiologist 50.0 0.0 X 1047269 0 49736 MOHEY SALEH Physician - Cardiothoracic Surgeon 50.0 0.0 X 1127785 0 30758 NAEEM RAZA Physician 50.0 0.0 X 1482715 0 55173 TYLER FREDENBURG Physician - Radiologist 50.0 0.0 X 1005661 0 52497 9603375 1141633 619595 266 false true false HAYES LOCUMS LLC 6700 N ANDREWS AVE SUITE 600 FORT LAUDERDALE FL 33309 MEDICAL STAFFING 838109 HENRY SCHEIN INC 135 DURYEA ROAD MELVILLE NY 11747 MEDICAL SUPPLIER 708485 WEATHERBY LOCUMS INC PO BOX 972633 DALLAS TX 753972633 MEDICAL STAFFING 613424 COMPHEALTH MEDICAL STAFFING PO BOX 972651 DALLAS TX 753972651 MEDICAL STAFFING 484350 METRO MEDICAL SUPPLY INC 200 CUMBERLAND BEND NASHVILLE TN 37228 MEDICAL SUPPLIER 386315 12 85664 518400 604064 NET PATIENT SERVICE REVENUE 621990 97893076 97893076 0 0 0 0 97893076 7850 0 7850 7850 7850 16128 0 -16128 -16128 -16128 MISCELLANEOUS INCOME 900099 4680640 4680640 0 0 0 0 4680640 103169502 97893076 0 4672362 3260914 2653035 603970 3909 122968239 100045261 22775557 147421 3346275 2722483 619780 4012 9149574 7443967 1694638 10969 5714240 4649026 1058363 6851 5095 4165 917 13 -5101506 -4170467 -918084 -12955 95745 89689 6043 13 701958 657563 44303 92 95412 89377 6022 13 6991908 6549701 441286 921 128399 120278 8104 17 670595 628183 42324 88 1608047 1601658 6229 160 2711342 2539862 171123 357 SUPPLIES 9202149 8620155 580782 1212 0 0 0 0 161548386 134243936 27141357 163093 -50189 11156 10599748 7675018 0 0 26065 26065 22342264 15888078 6373108 6454186 0 0 2723255 693122 19671987 14859547 620105989 673684092 0 72682 61023 620178671 673745115 X -600506684 -658885568 0 0 0 0 -600506684 -658885568 19671987 14859547 -58378884 0 X false true X true false X 11500 10831711 6391647 472843 604064 18311765 74363318 75837601 88820471 95641223 97893076 432555689 0 0 0 74374818 86669312 95212118 96114066 98497140 450867454 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 450867454 24630 11318 584 7100 7850 51482 0 24630 11318 584 7100 7850 51482 0 940453 942631 1733387 3402455 4680640 11699566 75339901 87623261 96946089 99523621 103185630 462618502 0.9746 0.9813 0 0.0 X Schedule A, Part III, Line 12 Other Income DESCRIPTION - MISCELLANEOUS REVENUE, COLUMN A - 940453.0, COLUMN B - 942631.0, COLUMN C - 1733387.0, COLUMN D - 3402455.0, COLUMN E - 4680640.0, COLUMN F - 11699566.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4933298 3770997 1162301 17340976 12117081 5223895 67990 0 67990 6454186 OTHER LIABILITIES 61023 61023 X Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote REID HOSPITAL & HEALTHCARE SERVICES (HOSPITAL), REID PHYSICIAN ASSOCIATES (RHPA), AND REID HEALTH AMBULANCE (RHA) HAVE BEEN RECOGNIZED AS EXEMPT FROM INCOME TAXES UNDER SECTION 501 OF THE INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF STATE LAW. HOWEVER, THESE ENTITIES ARE SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. REID OUTPATIENT SURGERY AND ENDOSCOPY, LLC, REID ANESTHESIA, LLC, CONNERSVILLE PHARMACY, LLC, REID HEALTH PROPERTIES, LLC AND SOUTH 37TH STREET PROPERTIES, LLC ARE NOT DIRECTLY SUBJECT TO INCOME TAXES UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAWS. TAXABLE INCOME OR LOSS IS ALLOCATED TO ITS MEMBERS IN ACCORDANCE WITH THEIR RESPECTIVE PERCENTAGE OWNERSHIP FOR INCLUSION IN THEIR RESPECTIVE TAX RETURNS. THE HOSPITAL AND ITS CONTROLLED SUBSIDIARIES FILE TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. X true true X X X X false true false false false false false false false CRAIG KINYON PRESIDENT - CHIEF EXECUTIVE OFFICER 0 970421 0 1563 0 169649 0 116476 0 32246 0 1290355 0 0 ROY TENG DO BOARD MEMBER 520632 0 494902 0 23475 0 14190 0 40165 0 1093364 0 0 0 JOHN MCGINTY MD BOARD MEMBER 473502 0 254621 0 23000 0 14190 0 36892 0 802205 0 0 0 JORDAN RAYNOR MD BOARD MEMBER 436065 0 49468 0 3215 0 14190 0 39325 0 542263 0 0 0 WILLIAM BLACK MD BOARD MEMBER (TERM ENDED) 211098 0 136831 0 23857 0 14190 0 28067 0 414043 0 0 0 JANET MECKLEY MD BOARD MEMBER 213236 0 148523 0 20667 0 14190 0 12425 0 409041 0 0 0 HON Q VIEN Physician - Orthopedic 894060 0 994439 0 18354 0 14190 0 40695 0 1961738 0 0 0 NAEEM RAZA Physician 629624 0 829952 0 23139 0 14190 0 40983 0 1537888 0 0 0 MOHEY SALEH Physician - Cardiothoracic Surgeon 773543 0 327425 0 26817 0 14190 0 16568 0 1158543 0 0 0 MICHAEL KHAMIS Physician - Radiologist 519240 0 504674 0 23355 0 14190 0 35546 0 1097005 0 0 0 TYLER FREDENBURG Physician - Radiologist 544218 0 461102 0 341 0 14190 0 38307 0 1058158 0 0 0 Schedule J, Part I, Line 1a Health or social club dues or initiation fees DURING CALENDAR YEAR 2023 REID PHYSICIAN ASSOCIATES, INC. PROVIDED SOCIAL CLUB DUES TO JORDAN RAYNOR MD IN THE AMOUNT OF $3,000. THE BENEFITS WERE TREATED AS TAXABLE COMPENSATION. Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation REID PHYSICIAN ASSOCIATES, INC. EXECUTIVE DIRECTOR IS EMPLOYED AS AN OFFICER OF REID HOSPITAL & HEALTH CARE SERVICES, INC. COMPENSATION FOR EMPLOYEES OF REID HOSPITAL & HEALTH CARE SERVICES, INC. AND EMPLOYEES WHO WORK WITH REID PHYSICIAN ASSOCIATES, INC. IS ESTABLISHED BY THE CEO OF REID HOSPITAL & HEALTH CARE SERVICES, INC. METHODS FOR ESTABLISHING COMPENSATION WERE BASED ON VARIOUS SURVEYS AND STUDIES USED FOR ALL OFFICERS OF REID HOSPITAL & HEALTH CARE SERVICES, INC. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN OFFICERS OF REID HOSPITAL & HEALTH CARE SERVICES, INC. PARTICIPATE IN A 457F NONQUALIFIED RETIREMENT PLAN. THE FOLLOWING INDIVIDUAL PARTICIPATED IN THE PLAN. AMOUNTS PROVIDED REPRESENT CURRENT YEAR CONTRIBUTIONS TO THE PLAN. - CRAIG KINYON $102,285 Form 990, Part VI, Line 1a Material differences in voting rights EACH CURRENT DIRECTOR OF REID PHYSICIAN ASSOCIATES, INC. IS APPOINTED AS A DIRECTOR BY THE BOARD OF DIRECTORS OF REID HOSPITAL & HEALTH CARE SERVICES, INC., WHICH IS COMPRISED PRIMARILY OF INDEPENDENT DIRECTORS. Form 990, Part VI, Line 6 Classes of members or stockholders THE CORPORATION'S ONLY MEMBER IS REID HOSPITAL & HEALTH CARE SERVICES, INC., WHICH IS A 501(C)(3) ORGANIZATION. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body REID HOSPITAL & HEALTH CARE SERVICES, INC., AS THE CORPORATE MEMBER OF REID PHYSICIAN ASSOCIATES, INC. MAY APPOINT AND REMOVE ANY DIRECTOR OF THE CORPORATION. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders PURSUANT TO THE BYLAWS OF REID PHYSICIAN ASSOCIATES, INC., REID HOSPITAL & HEALTH CARE SERVICES, INC. (AS THE CORPORATE MEMBER OF REID PHYSICIAN ASSOCIATES, INC.) HOLDS CERTAIN RESERVED POWERS, WHICH MEANS THAT THE BOARD OF DIRECTORS OF REID PHYSICIAN ASSOCIATES, INC. CANNOT EXERCISE THESE POWERS WITHOUT THE APPROVAL OF REID HOSPITAL & HEALTH CARE SERVICES, INC. Form 990, Part VI, Line 11b Review of form 990 by governing body THIS FORM 990 WAS PREPARED AND REVIEWED BY AN OUTSIDE ACCOUNTING FIRM AND LEGAL COUNSEL BEFORE BEING PRESENTED TO MANAGEMENT FOR REVIEW. FOLLOWING MANAGEMENT'S REVIEW, THE FORM 990 WAS PRESENTED TO THE BOARD FOR FINAL REVIEW AND APPROVAL BEFORE FILING. Form 990, Part VI, Line 12c Conflict of interest policy EVERY YEAR ALL KEY EMPLOYEES, OFFICERS, AND DIRECTORS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST RELATING TO REID PHYSICIAN ASSOCIATES, INC. AND ITS AFFILIATES. THIS INFORMATION IS REVIEWED BY THE ORGANIZATION'S ADMINISTRATIVE STAFF AND INTERNAL AUDITOR. DURING THE YEAR EACH EMPLOYEE AND OFFICER IS REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST WHEN IT OCCURS. THE BOARD OF DIRECTORS IS ASKED IF THERE ARE ANY CONFLICTS OF INTEREST ISSUES BEFORE EACH AND EVERY BOARD MEETING. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE BOARD OF DIRECTORS OF REID HOSPITAL & HEALTH CARE SERVICES, INC. HAS ULTIMATE AUTHORITY AND RESPONSIBILITY FOR THE COMPENSATION OF REID PHYSICIAN ASSOCIATES, INC. DIRECTORS, OFFICERS, AND KEY EMPLOYEES. THIS RESPONSIBILITY EXTENDS TO QUALITY OF SERVICES RENDERED, QUALITY OF ITS MEDICAL STAFF, QUALITY OF ITS LEADERSHIP AND OTHER FINANCIAL, LEGAL, ETHICAL, AND OPERATIONAL CONSIDERATIONS. AS A SERVICE TEAM PROVIDING HUMAN SERVICES, REID PHYSICIAN ASSOCIATES, INC.'S PEOPLE (LEADERSHIP, MEDICAL STAFF, EMPLOYEES, AND VOLUNTEERS) REPRESENT THE SINGLE MOST IMPORTANT ASSET POSSESSED BY THE ORGANIZATION. MORE THAN ANY OTHER FACTOR (BUILDINGS, EQUIPMENT, TECHNOLOGY, ETC.), THE QUALITY OF HUMAN RESOURCES DETERMINES THE QUALITY OF SERVICES ULTIMATELY PROVIDED TO ITS PATIENTS AND FAMILIES. THIS COMMITMENT TO QUALITY AND THE STEWARDSHIP OF HUMAN RESOURCES SERVES AS THE FOUNDATION FOR REID PHYSICIAN ASSOCIATES, INC.'S EMPLOYEE RELATIONS POSTURE. THIS APPLIES TO ALL ASPECTS OF EMPLOYEE RELATIONS AT ALL LEVELS. A COMPENSATION PHILOSOPHY THAT ATTRACTS AND RETAINS QUALIFIED, HIGH QUALITY AND COMMITTED EMPLOYEES AT ALL LEVELS IS IN THE BEST INTEREST OF REID PHYSICIAN ASSOCIATES, INC. AND THOSE WE SERVE. THE PRESIDENT AND CEO OF REID HOSPITAL & HEALTH CARE SERVICES, INC., APPOINTED BY REID HOSPITAL & HEALTH CARE SERVICES, INC.'S GOVERNING BOARD, IS CHARGED WITH THE RESPONSIBILITY FOR DEVELOPING AND ADMINISTERING A COMPENSATION PLAN THAT REFLECTS THE PREVIOUSLY STATED PHILOSOPHY AND MISSION OF REID PHYSICIAN ASSOCIATES, INC. THE COMPENSATION PROGRAM ADDRESSES THE FOLLOWING GOALS: 1.) THE ABILITY TO ATTRACT AN INDIVIDUAL WHO IS HIGHLY QUALIFIED BY REASON OF PROFESSIONAL EDUCATION, PAST EXPERIENCE, AND PERSONAL CHARACTERISTICS; 2.) APPROPRIATE RECOGNITION OF PERFORMANCE (POSITIVE OR NEGATIVE); 3.) MAINTENANCE OF MOTIVATION FOR FURTHER PERFORMANCE AT A LEVEL OF EXCELLENCE; 4.) RETENTION (WHEN DESIRED) OF LEADERSHIP EXPERTISE; AND 5.) FAIRNESS. IT IS IMPORTANT TO NOTE THAT THE ISSUE OF FAIRNESS RELATES TO THE COMMUNITY, REID PHYSICIAN ASSOCIATES, INC., AND THE INDIVIDUAL. THE GOAL IS NOT TO MINIMIZE COST PER SE, NOR TO MAXIMIZE INCOME AS A SINGLE OBJECTIVE. THE GOAL IS TO ACHIEVE A COMPENSATION PACKAGE THAT IS FAIR TO THE COMMUNITY, FAIR TO REID PHYSICIAN ASSOCIATES, INC. AND FAIR TO THE INDIVIDUAL. IN MEETING THIS FAIRNESS OBJECTIVE, PHYSICIAN COMPENSATION IS EVALUATED AND DETERMINED BY THE FOLLOWING FACTORS: MARKET CONDITIONS, GEOGRAPHIC CONSIDERATIONS, PHYSICIAN RECRUITMENT INITIATIVES, THIRD PARTY CONSULTATIONS, LEGAL REVIEW, AND COMPENSATION SURVEYS. AN INTERNAL REVIEW WAS CONDUCTED BY HUMAN RESOURCES IN 2022. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE BOARD OF DIRECTORS OF REID HOSPITAL & HEALTH CARE SERVICES, INC. HAS ULTIMATE AUTHORITY AND RESPONSIBILITY FOR THE COMPENSATION OF REID PHYSICIAN ASSOCIATES, INC. DIRECTORS, OFFICERS, AND KEY EMPLOYEES. THIS RESPONSIBILITY EXTENDS TO QUALITY OF SERVICES RENDERED, QUALITY OF ITS MEDICAL STAFF, QUALITY OF ITS LEADERSHIP AND OTHER FINANCIAL, LEGAL, ETHICAL, AND OPERATIONAL CONSIDERATIONS. AS A SERVICE TEAM PROVIDING HUMAN SERVICES, REID PHYSICIAN ASSOCIATES, INC.'S PEOPLE (LEADERSHIP, MEDICAL STAFF, EMPLOYEES, AND VOLUNTEERS) REPRESENT THE SINGLE MOST IMPORTANT ASSET POSSESSED BY THE ORGANIZATION. MORE THAN ANY OTHER FACTOR (BUILDINGS, EQUIPMENT, TECHNOLOGY, ETC.), THE QUALITY OF HUMAN RESOURCES DETERMINES THE QUALITY OF SERVICES ULTIMATELY PROVIDED TO ITS PATIENTS AND FAMILIES. THIS COMMITMENT TO QUALITY AND THE STEWARDSHIP OF HUMAN RESOURCES SERVES AS THE FOUNDATION FOR REID PHYSICIAN ASSOCIATES, INC.'S EMPLOYEE RELATIONS POSTURE. THIS APPLIES TO ALL ASPECTS OF EMPLOYEE RELATIONS AT ALL LEVELS. A COMPENSATION PHILOSOPHY THAT ATTRACTS AND RETAINS QUALIFIED, HIGH QUALITY AND COMMITTED EMPLOYEES AT ALL LEVELS IS IN THE BEST INTEREST OF REID PHYSICIAN ASSOCIATES, INC. AND THOSE WE SERVE. THE PRESIDENT AND CEO OF REID HOSPITAL & HEALTH CARE SERVICES, INC., APPOINTED BY REID HOSPITAL & HEALTH CARE SERVICES, INC.'S GOVERNING BOARD, IS CHARGED WITH THE RESPONSIBILITY FOR DEVELOPING AND ADMINISTERING A COMPENSATION PLAN THAT REFLECTS THE PREVIOUSLY STATED PHILOSOPHY AND MISSION OF REID PHYSICIAN ASSOCIATES, INC. THE COMPENSATION PROGRAM ADDRESSES THE FOLLOWING GOALS: 1.) THE ABILITY TO ATTRACT AN INDIVIDUAL WHO IS HIGHLY QUALIFIED BY REASON OF PROFESSIONAL EDUCATION, PAST EXPERIENCE, AND PERSONAL CHARACTERISTICS; 2.) APPROPRIATE RECOGNITION OF PERFORMANCE (POSITIVE OR NEGATIVE); 3.) MAINTENANCE OF MOTIVATION FOR FURTHER PERFORMANCE AT A LEVEL OF EXCELLENCE; 4.) RETENTION (WHEN DESIRED) OF LEADERSHIP EXPERTISE; AND 5.) FAIRNESS. IT IS IMPORTANT TO NOTE THAT THE ISSUE OF FAIRNESS RELATES TO THE COMMUNITY, REID PHYSICIAN ASSOCIATES, INC., AND THE INDIVIDUAL. THE GOAL IS NOT TO MINIMIZE COST PER SE, NOR TO MAXIMIZE INCOME AS A SINGLE OBJECTIVE. THE GOAL IS TO ACHIEVE A COMPENSATION PACKAGE THAT IS FAIR TO THE COMMUNITY, FAIR TO REID PHYSICIAN ASSOCIATES, INC. AND FAIR TO THE INDIVIDUAL. IN MEETING THIS FAIRNESS OBJECTIVE, PHYSICIAN COMPENSATION IS EVALUATED AND DETERMINED BY THE FOLLOWING FACTORS: MARKET CONDITIONS, GEOGRAPHIC CONSIDERATIONS, PHYSICIAN RECRUITMENT INITIATIVES, THIRD PARTY CONSULTATIONS, LEGAL REVIEW, AND COMPENSATION SURVEYS. REID HOSPITAL & HEALTH CARE SERVICES, INC. ENDEAVORS TO SATISFY THE STANDARDS ADVOCATED BY THE INTERNAL REVENUE SERVICE FOR APPROVING EXECUTIVE COMPENSATION. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. REID HOSPITAL & HEALTHCARE SERVICES 1100 REID PARKWAY RICHMOND IN 47374 350892672 HOSPITAL IN 501(c)(3) 3 NA false REID HOSPITAL & HEALTH CARE SERVICES FOUNDATION 1100 REID PARKWAY RICHMOND IN 47374 237440530 SUPPORT IN 501(c)(3) 3 NA false REID HEALTH AMBULANCE 1100 REID PARKWAY RICHMOND IN 47374 832911570 TRANSPORT IN 501(c)(3) 10 NA false ROSE LLC 1100 REID PARKWAY RICHMOND IN 47374 202844915 SURGERY CENTER IN NA false false true false false false false false false false true false false false false false false false false REID HOSPITAL & HEALTH CARE SERVICES FOUNDATION C 85664 FMV REID HOSPITAL & HEALTH CARE SERVICES K 7014098 FMV