2025-08-14T13:53:34-05:00 2024-09-30 991856619 GRANT THORNTON ADVISORS LLC 1415 VANTAGE PARK DRIVE SUITE 500 CHARLOTTE NC 28203 990 2023-10-01 581450888 ANC HEALTHCARE INC ANCH 3219723585 425 W NEW ENGLAND AVE SUITE 300 WINTER PARK FL 32789 NEIL LURIA CEO 3219723585 2025-08-14 1 0 MICHELE N MELCHIOR P00488037 7046323500 2023 2025-03-06 01:10:19Z NEIL LURIA 425 W NEW ENGLAND AVE SUITE 300 WINTER PARK FL 32789 23183032 0 X N/A X 1981 NC SEE FORM 990, PART III, LINE 1. 5 5 0 0 1024131 0 0 0 4823066 17371126 4826642 5787321 1405368 24585 11055076 23183032 0 0 0 0 0 0 0 0 0 4779267 7249534 4779267 7249534 6275809 15933498 115810337 126505390 28933840 23675611 86876497 102829779 THE ORGANIZATION'S MISSION IS TO OPERATE AN INTEGRATED HEALTH DELIVERY SYSTEM FOR THE BENEFIT OF THE RESIDENTS OF WESTERN NORTH CAROLINA. THE ORGANIZATION'S OPERATIONS CEASED DUE TO SALE OF A SUBSTANTIAL PORTION OF ITS ASSETS ON 2/1/19. 0 0 46645 0 17395711 THE ENTITY SOLD THE OPERATING FACILITIES OF THE HEALTH SYSTEM AND A SUBSTANTIAL PORTION OF THE ASSETS, INCLUDING THOSE OF ITS SUBSIDIARIES, IN A PRIOR YEAR. THE ORGANIZATION CONTINUES TO MAINTAIN OVERSITE OF ITS SUBSIDIARIES DURING THE PROCESS OF LIQUIDATION AND EVENTUAL TERMINATION. CURRENT ACTIVITY INCLUDES WINDING DOWN THE REMAINING AFFAIRS OF THE HEALTH SYSTEM, INCLUDING COLLECTION AND SETTLEMENT OF OUTSTANDING RECEIVABLES AND LIABILITIES, AND DISTRIBUTION OF ASSETS. THE ENTITY IS IN THE PROCESS OF WINDING DOWN FOR EVENTUAL TERMINATION. 46645 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 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 1 1 0 0 0 1 9 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 CA X ANC HEALTHCARE INC 3219723585 425 W NEW ENGLAND AVENUE WINTER PARK FL 32789 JOHN W GARRETT MD CHAIR 2.00 1.50 X X 0 0 0 THOMAS MAHER VICE CHAIR 2.00 1.50 X X 0 0 0 SUZANNE S DEFERIE DIRECTOR 1.00 0.00 X 0 0 0 JEFFREY RANKIN DIRECTOR 1.00 0.00 X 0 0 0 DAVID WORLEY DIRECTOR 1.00 0.00 X 0 0 0 NEIL LURIA CEO/CHIEF WIND-DOWN OFFICE 10.00 1.50 X 0 0 0 GREGORY HAGOOD CHIEF TRANSITION OFFICER 2.00 0.00 X 0 0 0 MEG FINNEGAN VP HR 2.00 0.00 X 0 0 0 KIRA ABRAMOVS CFO & SECRETARY 20.00 0.00 X 0 0 0 PAUL HOGAN CONTROLLER 5.00 0.00 X 0 0 0 0 0 0 0 0 0 0 FAEGRE DRINKER BIDDLE & REATH LLP ONE LOGAN SQUARE PHILADELPHIA PA 19103 LEGAL 4402110 NERA ECONOMIC CONSULTING 78 SW 7TH STREET MIAMI FL 33130 CONSULTANT 882873 CORNERSTONE RESEARCH 3 SUPERIOR DR STE 225 SUPERIOR CO 80027 CONSULTANT 829174 SOLIC CAPITAL ADVISORS LLC 425 W NEW ENGLAD AVE WINTER PARK FL 32789 WIND DOWN CONSULTING 578753 FORVIS MAZARS 255 SOUTH ORANGE AVE 600 ORLANDO FL 32801 CONSULTANT 515907 7 MEDICARE/MEDICAID ADJUSTMENTS 900099 14799711 14799711 JOINT VENTURE INCOME 900099 2501855 1477724 1024131 DRUG PROGRAM REIMBURSEMENT 900099 69560 69560 17371126 5787321 5787321 OTHER REFUNDS 900099 24585 24585 24585 23183032 16371580 1024131 5787321 X 442486 442486 4479467 4479467 200181 200181 2217 2217 1274496 1274496 56264 56264 8189 8189 724778 724778 MEDICAID & MEDICARE ADJ 26561 26561 INCOME AND OTHER TAXES 15471 15471 LITIGATION SETTLEMENTS 4613 4613 14811 14811 7249534 46645 7202889 0 110644753 121170200 1820182 2518291 1387381 1205856 1958021 1611043 115810337 126505390 345590 2181751 28588250 21493860 28933840 23675611 X 86876497 102829779 86876497 102829779 115810337 126505390 15933498 19784 0 X 0 1 X 1 0 X X 1 MISSION HOSPITAL INC 560532141 3 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 THIRD-PARTY PAYOR SETTLEMENTS 21493860 21493860 X PART X, LINE 2: ANC APPLIES THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, INCOME TAXES, IN ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ASC TOPIC 740 PROVIDES GUIDANCE ON WHEN TAX POSITIONS ARE RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND HOW THE VALUES OF THESE POSITIONS ARE DETERMINED. THERE IS CURRENTLY NO SIGNIFICANT IMPACT ON ANC'S CONSOLIDATED FINANCIAL STATEMENTS AS A RESULT OF THE APPLICATION OF ASC TOPIC 740. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION IS IN PROCESS OF WINDING DOWN THE AFFAIRS OF THE HEALTH SYSTEM AND AS SUCH THE BOARD HAS ENGAGED AN UNRELATED THIRD PARTY (ACTING UNDER THE BOARD'S SUPERVSION) TO CARRY OUT THE FUNCTIONS OF MANAGEMENT DURING THIS TIME. ALL CURRENT OFFICERS LISTED IN PART VII ARE EMPLOYEES OF THE INDEPENDENT CONTRACTOR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. A FINAL COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS THE WEEK AFTER FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST EXPECTATION IS STATED AT THE BEGINNING OF EACH BOARD MEETING. EDUCATION ABOUT THE RESPONSIBILITIES OF A BOARD MEMBER INCLUDING CONFLICTS OF INTEREST IS PROVIDED DURING ORIENTATION FOR NEW BOARD MEMBERS. BOARD MEETINGS BEGIN WITH A COMMENT SUMMARIZING THE CONFLICT OF INTEREST EXPECTATION, THE DUTY TO DISCLOSE CONFLICTS, AND THE DUTY TO RECUSE IF A CONFLICT IS PRESENT. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE INTERESTED PERSON DOES NOT PARTICIPATE IN ANY DECISION RELATING TO THE ISSUE. A CONFLICT OF INTEREST IS A PARTICULAR RELATIONSHIP OR ARRANGEMENT THAT WOULD REASONABLY BE EXPECTED TO EXERT AN INFLUENCE ON THE INDIVIDUAL'S JUDGMENT AND PRECLUDE THE INDIVIDUAL FROM BEING AN INDEPENDENT DIRECTOR OR BEING INDEPENDENT WITH RESPECT TO THE ISSUE UNDER CONSIDERATION. IN ADDITION TO BOARD MEMBERS, THE ORGANIZATION'S CONFLICT OF INTEREST EXPECTATION APPLIES TO THE ORGANIZATION'S OFFICERS AND DIRECTORS, AS WELL AS IMMEDIATE FAMILY MEMBERS OF SUCH INTERESTED PERSONS AND ENTITIES IN WHICH INTERESTED PERSONS HAVE A MATERIAL FINANCIAL INTEREST. THE ORGANIZATION EXPECTS THAT ALL INTERESTED PERSONS DISCLOSE ANY AND ALL CONFLICTS OF INTEREST IN ACCORDANCE WITH THE IRS GUIDELINES FOR TAX-EXEMPT ENTITIES AS WELL AS ANY OTHER APPLICABLE STATE OR FEDERAL LAW. INTERNAL AND EXTERNAL AUDITORS OR OUTSIDE COUNSEL WILL PERIODICALLY REVIEW AND ADVISE TO DETERMINE WHETHER THE ORGANIZATION IS IN COMPLIANCE WITH THE EXPECTATION AND APPLICABLE LAW. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S ARTICLES OF INCORPORATION ARE AVAILABLE TO THE PUBLIC THROUGH THE NORTH CAROLINA SECRETARY OF STATE WEBSITE. CONFLICT OF INTEREST POLICY AND BY-LAWS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,274,496. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,274,496. ANC HIGHLANDS-CASHIERS HOSPITAL INC 425 W NEW ENGLAND AVE NO 300 WINTER PARK FL 32789 560509400 HOSPITAL NC 501(C)(3) LINE 3 ANC INC 1 MISSION HOSPITAL INC 425 W NEW ENGLAND AVE NO 300 WINTER PARK FL 32789 560532141 HOSPITAL NC 501(C)(3) LINE 3 ANC INC 1 ANC MCDOWELL HOSPITAL INC 425 W NEW ENGLAND AVE NO 300 WINTER PARK FL 32789 560623938 HOSPITAL NC 501(C)(3) LINE 3 ANC INC 1 ANC BLUE RIDGE HOSPITAL INC 425 W NEW ENGLAND AVE NO 300 WINTER PARK FL 32789 561025032 HOSPITAL NC 501(C)(3) LINE 3 ANC INC 1 ANC TRANSYLVANIA COMMUNITY HOSPITAL INC 425 W NEW ENGLAND AVE NO 300 WINTER PARK FL 32789 560562293 HOSPITAL NC 501(C)(3) LINE 3 ANC INC 1 ANC ANGEL MEDICAL CENTER INC 425 W NEW ENGLAND AVE NO 300 WINTER PARK FL 32789 586000064 HOSPITAL NC 501(C)(3) LINE 3 ANC INC 1 HEALTHCARE LIMITED LIABILITY 425 W ENGLAND NEW AVENUE WINTER PARK FL 32789 RENTAL NC N/A N/A 46407 353482 0 0 0.28000 BLUE RIDGE HOME CARE 19387 US HWY 19 N CLEARWATER FL 33764 MEDICAL EQUIPMENT SALES NC N/A N/A 1024057 1564893 0 0 0.50000 BMH SOLUTIONS INC OPERATIONS SUPPORT NC N/A C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1