2017-08-14T16:18:04-05:00 2016-09-30 PRICEWATERHOUSECOOPERS LLP 800 GREEN VALLEY RD STE 500 GREENSBORO NC 27408 990 2015-10-01 560532302 THE MOSES H CONE MEMORIAL HOSPITAL % JEFFREY JONES MOSE 3368327000 1200 NORTH ELM STREET GREENSBORO NC 27401 JEFFREY JONES CFO 3368327000 2017-08-11 true MARK D YARBROUGH P00838425 3366652700 2015 2021-01-29 14:40:06Z JEFFREY JONES 1200 NORTH ELM STREET GREENSBORO NC 27401 249303190 false X www.conehealth.com X 1911 NC STRATEGIC OVERSIGHT AND SUPPORT OF SUBSIDIARY CORPORATIONS WITHIN CONE HEALTH SYSTEM, A PROVIDER OF HEALTH CARE SERVICES TO THE COMMUNITY 19 14 376 0 2575 30782 35050613 43171940 11378827 38886376 235299 348934 46667314 82438032 68250 45250 0 0 6907761 8333207 0 0 0 63392670 74148747 70368681 82527204 -23701367 -89172 1232326096 1279339676 852657685 887305575 379668411 392034101 X LEASING HOSPITAL FACILITIES TO THE MOSES H. CONE MEMORIAL HOSPITAL OPERATING CORPORATION, A TAX-EXEMPT AFFILIATE AND PROVIDER OF HEALTH CARE SERVICES TO THE COMMUNITY; MANAGING DEBT AND OTHER TREASURY FUNCTIONS OF THE HEALTH SYSTEM; SUPPORT OF NEWLY ACQUIRED PHYSICIAN PRACTICES AND STRATEGIC PLANNING /MARKETING FOR THE ENTIRE HEALTH SYSTEM. false false 21128073 45250 Support of Cone Health Operations 24645817 36118435 Hold and operate property for Cone Health System 15406695 Hold Debt and Investment Instruments for Cone Health System 12036619 7053505 Triad Health Network 1061805 Subsidize physician practices 13098424 7053505 74279009 true false false false false false false false false false true true false false true true false true false false false false false false false false false true false true true true true false false false false false true false true false false false false true true true true false false true 0 0 true 376 true false false false false false false X 19 14 false true false false false false false true true false false true true true true true true true true true true NC X X JEFFREY JONES 3368327791 1200 NORTH ELM STREET GREENSBORO NC 27401 Terrence B Akin President & CEO 0.0 40.0 X X 0 1864615 100745 Jacob B Balsley III TRUSTEE 0.0 0.0 X 0 0 0 Carole Bruce TRUSTEE 0.0 0.0 X 0 0 0 John Campbell MD TRUSTEE 0.0 40.0 X 0 418625 55334 Edward F Cone TRUSTEE 0.0 0.0 X 0 0 0 Dwight M Davidson III VICE-CHAIR 0.0 0.0 X X 0 0 0 Allen E Gant Jr TRUSTEE 0.0 0.0 X 0 0 0 Deborah Hooper TRUSTEE 0.0 0.0 X 0 0 0 FD Hornaday CHAIR 0.0 0.0 X X 0 0 0 J Wayne Keeling MD TRUSTEE 0.0 0.0 X 0 0 0 J Edward Kitchen TRUSTEE 0.0 0.0 X 0 0 0 David Leeper TRUSTEE 0.0 0.0 X 0 0 0 James H Maxwell MD TRUSTEE 0.0 0.0 X 0 0 0 M Lee McAllister TRUSTEE 0.0 0.0 X 0 0 0 Chapman T McQueen MD TRUSTEE 0.0 0.0 X 0 0 0 Rev Diane L Givens Moffett DMin TRUSTEE 0.0 0.0 X 0 0 0 Inez Tuck RN PhD TRUSTEE 0.0 0.0 X 0 0 0 Peter Whitfield MD TRUSTEE 0.0 0.0 X 0 0 0 Nancy Hemric TRUSTEE 0.0 0.0 X 0 0 0 Noel Burt Exec VP & Asst Secretary 0.0 40.0 X 0 633374 60612 Mary Jo Cagle MD Chief Clinical Officer 0.0 40.0 X 0 734565 65746 Robert B Carter VP & General Council 0.0 40.0 X 0 322186 42486 Timothy J Clontz Sr VP & Asst Secretary 0.0 40.0 X 0 378671 59238 Mehee Haywood Asst. Treasurer 40.0 0.0 X 92234 0 44649 Julie Johnson Asst. Treasurer 0.0 40.0 X 0 131822 21035 Jeffrey Jones CFO & Secretary 0.0 40.0 X 0 777340 79894 John M Miller CIO & Treasurer 40.0 0.0 X 330688 0 35564 James Roskelly EVP & Asst. Secretary 0.0 40.0 X 0 517891 63027 Judith Schanel Chief Operating Officer 0.0 40.0 X 0 686376 61706 Michael Simms VP & Asst. Treasurer 0.0 40.0 X 0 285410 35215 Rex Street VP & Asst. Treasurer 0.0 40.0 X 0 395542 60372 Steven Neorr Sr VP of THN 40.0 0.0 X 484218 0 25344 Elissa Langley Director-ACO Operations 40.0 0.0 X 112057 0 14031 Dawn Pettus THN Pharmacy Manager 40.0 0.0 X 100066 0 16121 Rhonda Rumple Dept. Director-THN Care Mgmt. 40.0 0.0 X 137388 0 14298 Thomas Wall MD Physician 40.0 0.0 X 452417 0 57835 R Timothy Rice Former CEO 0.0 0.0 X 0 1599086 7822 Theresa Broderick Former CNO 0.0 0.0 X 0 696413 74592 1709068 9441916 995666 11 true true false Brasfield Gorrie LLC 3021 7th Avenue BIRMINGHAM AL 35233 Facility Planning 7524756 D L Construction 1301 Carolina St Suite 115 GREENSBORO NC 27401 Facility Planning 5785593 Kellogg Brown Root LLC 201 E McBee Street Suite 400 GREENVILLE SC 29601 Facility Planning 1767924 Greensboro Building Services 800 Forest Hill Drive GREENSBORO NC 27410 Construction 587506 Realty Trust Group 2220 Sutherland Ave KNOXVILLE TN 37919 Real Estate 440724 16 30782 30782 MEMBERSHIP FEES IN THN 531120 379952 379952 CONTRACT INCENTICES FROM INSURERES 531120 6009214 6009214 DISEASE MANAGEMENT PROG FOR CONE EMPLOYEES 531120 664339 664339 LEASE OF SPACE WITHIN CONE HEALTH 531120 36118435 36118435 43171940 13181526 13181526 0 0 0 0 0 192570008 166865158 25704850 25704850 25704850 0 0 0 FINANCIAL MANAGEMENT INCENTIVES 900099 347284 347284 BILLBOARD RENTAL 900099 1650 1650 348934 82438032 43171940 39235310 45250 45250 0 0 0 1372638 1235374 137264 0 4803864 4323478 480386 387871 349084 38787 1307010 1176309 130701 461824 415642 46182 193323 173991 19332 429010 386109 42901 1149686 1034717 114969 0 0 5748459 5173613 574846 3819097 3437187 381910 78416 70574 7842 310096 279086 31010 790941 711847 79094 0 292296 263066 29230 100708 90637 10071 0 0 10913426 9822083 1091343 11363361 10227025 1136336 36027434 32424691 3602743 0 RECRUITEMENT & RETENTION 1049103 944193 104910 MEDICAL SUPPLIES & SERVICES 1216983 1095285 121698 UTILITIES, REPAIRS & MAINTENAN 525183 472665 52518 MOTOR VEHICLE & TRANSPORTATION 53847 48462 5385 87378 78641 8737 82527204 74279009 8248195 0 4868600 9085748 3632259 6178807 0 0 0 0 0 0 0 0 9437701 11654218 0 0 170241 657338 992421693 460208528 527485647 532213165 402126211 458937402 269831012 243192222 0 0 778815 778815 13995610 16641961 1232326096 1279339676 9402242 7785705 0 0 0 0 270640000 260090000 0 0 0 0 199851122 220457437 0 0 372764321 398972433 852657685 887305575 X 379650131 392016227 18280 17874 0 0 379668411 392034101 1232326096 1279339676 X -89172 12455267 -405 X false true X true false X X X 1 The Moses H Cone Memorial Hospital Operating Corporation 585888823 3 true 31800508 0 1 31800508 true false false false false true false false false false false false false false false true DETAIL OF OTHER SUPPORT- SCH A, PART IV, SEC A, LINE 6 $10,000 was provided to the National Park Service for support of the Cone Park on the Blue Ridge Parkway 32854747 32854747 867078052 359498829 507579223 3557295 3467148 90147 58378116 87734934 -29356818 30553483 9507617 21045866 532213165 242759343 C INVESTMENT IN JOINT VENTURES 432879 F 243192222 0 INTEREST PAYABLE 1505135 SWAP HEDGE - BOND PREMIUM DISC 30260493 INTERCOMPANY PAYABLES 366914636 DEFERRED COMPENSATION LIABILIT 292169 398972433 X 75383743 75383743 7054289 7054289 82438032 69152399 69152399 13374805 13374805 82527204 TEXT OF FIN 48 (ASC 740) FOOTNOTE Form 990, Schedule D, Part X, Line 2 As of September 30, 2016 and 2015, the Health System had no uncertain tax positions under FASB ASC 740, Income Taxes, requiring adjustments to its consolidated financial statements. The health system does not expect that unrecognized tax benefits will materially increase within the next 12 months. OTHER REVENUE NOT ON LINE 1 SCHEDULE D, PART XI, LINE 4B OPERATING REVENUE FROM TRIAD HEALTH NETWORK $7,054,289 OTHER EXPENSE NOT ON LINE 1 SCHEDULE D, PART XII, LINE 4B OPERATING EXPENSE FROM TRIAD HEALTH NETWORK $13,374,805 true NAT GREENE KIWANAS FOUNDATION PO BOX 10487 GREENSBORO NC 27404 591606922 501(C)(3) 35000 Support of Community US DEPARTMENT OF THE INTERIOR BLUE RIDGE PARKWAY NATIONAL PARK SERVICE BLOWING ROCK NC 28605 999999999 N/A 10000 Upkeep of Cone Park1 1 2 MONITORING PROCEDURES- FORM 990, SCHEDULE I, PART I, LINE 2 ASSISTANCE IS GIVEN TO QUALIFIED TAX EXEMPT ORGANIZATIONS TO FURTHER THE MISSION OF THE ORGANIZATION. THEY ARE REPORTED TO THE CEO AND TO THE BOARD ON A QUARTERLY BASIS X X X X X true false false false false false true false false Terrence B Akin President & CEO 0 1001936 0 834290 0 28389 0 73939 0 26806 0 1965360 0 0 Noel Burt Exec VP & Asst Secretary 0 397440 0 171584 0 64350 0 48702 0 11910 0 693986 0 0 Mary Jo Cagle MD Chief Clinical Officer 0 526844 0 177284 0 30437 0 44643 0 21103 0 800311 0 0 John Campbell MD TRUSTEE 0 249219 0 103995 0 65411 0 48151 0 7183 0 473959 0 0 Robert B Carter VP & General Council 0 237521 0 67526 0 17139 0 33488 0 8998 0 364672 0 0 Timothy J Clontz Sr VP & Asst Secretary 0 229807 0 99143 0 49721 0 52430 0 6808 0 437909 0 0 Julie Johnson Asst. Treasurer 0 130585 0 0 0 1237 0 19237 0 1798 0 152857 0 0 Jeffrey Jones CFO & Secretary 0 525582 0 222017 0 29741 0 47396 0 32498 0 857234 0 0 John M Miller CIO & Treasurer 237536 0 68358 0 24794 0 28284 0 7280 0 366252 0 0 0 Steven Neorr Sr VP of THN 322015 0 120347 0 41856 0 16346 0 8998 0 509562 0 0 0 James Roskelly EVP & Asst. Secretary 0 332053 0 110206 0 75632 0 53837 0 9190 0 580918 0 0 Judith Schanel Chief Operating Officer 0 480987 0 126606 0 78783 0 35990 0 25716 0 748082 0 0 Michael Simms VP & Asst. Treasurer 0 202226 0 65819 0 17365 0 26838 0 8377 0 320625 0 0 Rex Street VP & Asst. Treasurer 0 278832 0 86901 0 29809 0 52224 0 8148 0 455914 0 0 Rhonda Rumple Dept. Director-THN Care Mgmt. 116291 0 20321 0 776 0 6381 0 7917 0 151686 0 0 0 Thomas Wall MD Physician 352322 0 69640 0 30455 0 48529 0 9306 0 510252 0 0 0 Theresa Broderick Former CNO 0 358393 0 309934 0 28086 0 41950 0 32642 0 771005 0 0 R Timothy Rice Former CEO 0 59357 0 1514812 0 24917 0 4909 0 2913 0 1606908 0 0 SEVERANCE AND OTHER PAYMENTS FORM 990, SCHEDULE J, PART I, LINE 4 Former CEO Tim Rice $1,606,908 Former CNO Theresa Broderick $771,005. EARNINGS CONTINGENT COMP FORM 990, SCHEDULE J, PART I, LINE 6 OFFICERS ARE PAID BY MOSES H. CONE MEMORIAL HOSPITAL OPERATING CORPORATION INC AND PARTICIPATE IN THE MANAGEMENT INCENTIVE COMPENSATION PROGRAM. UNDER THIS PROGRAM, A PORTION OF THE SALARY OF THOSE AT A LEVEL OF DEPARTMENT DIRECTOR AND HIGHER IS SET ASIDE AND IS CONTINGENT UPON THE HEALTH SYSTEM'S PERFORMANCE ON SEVERAL MEASURES, INCLUDING NET EARNINGS. NOTE: IF THESE MEASURES ARE NOT MET, THEIR COMPENSATION WILL BE BELOW THE MARKET LEVEL FOR THEIR JOB. A North Carolina Medical Care Commission 521309402 2011-09-21 50000000 Construction of Patient Care Facil false true false B North Carolina Medical Care Commission 521309402 2004-10-19 47500000 Purchase Capital Equip WL Bond false true false C North Carolina Medical Care Commission 521309402 2011-02-09 60170000 Refinanced 1993 Series and Issuanc false true false D North Carolina Medical Care Commission 521309402 2011-08-03 47980000 Refinanced 2008 Series and Issuanc false true false A 0 0 50000000 0 0 0 0 0 0 50000000 0 0 2011 false false true true B 0 0 47500000 0 0 0 829975 834949 0 33276212 12558864 0 2006 true false true true C 0 0 62559512 0 0 0 959512 0 0 0 61600000 0 2011 true false true true D 0 0 47980000 0 0 0 157229 0 0 0 47822771 0 2011 true false true true A false true true true false 0 false false false true B false true true true false 0 false false false true C false true true true false 0 false false false true D false true true true false 0 false false false true A false false false false true true Morgan Stanley 22. false false false 0 false true B false false false false true false 0 false 0 false true C false false false false false false 0 false 0 false true D false false false false true true Bank of Montreal 23. false false false 0 false true A true B true C true D true A North Carolina Medical Care Commission 521309402 2011-09-21 50000000 Construction of Patient Care Facil false true false B North Carolina Medical Care Commission 521309402 2013-11-18 88775000 Defeasance & Capital Expenditures true true false C North Carolina Medical Care Commission 521309402 2013-11-18 25000000 Defeasance & Capital Expenditures true true false D North Carolina Medical Care Commission 521309402 2013-11-18 16410000 Defeasance & Capital Expenditures true true false A 0 0 50000000 0 0 0 0 0 0 50000000 0 0 2011 false false true true B 0 0 88775000 0 0 20392565 0 0 0 40603723 27778712 0 2013 true true true true C 0 0 25000000 0 0 5742767 0 0 0 11486908 7770325 0 2013 true true true true D 0 0 16410000 0 0 3769552 0 0 0 7540006 5100442 0 2013 true true true true A false true true true false 0 false false false true B false true true true false 0 false false false true C false true true true false 0 false false false true D false true true true false 0 false false false true A false false false false true true Morgan Stanley 22. false false false 0 false true B false true false false false false 0 false 0 false true C false true false false false false 0 false 0 false true D false true false false false false 0 false 0 false true A true B true C true D true Peter Whitfield MD Trustee 2914923 Legal fees paid to wife's firm false GOVERNING DOCUMENTS PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE PROPRIETARY AND ARE NOT RELEASED TO THE PUBLIC. COMPENSATION REVIEW PROCESS FORM 990, PART VI, SECTION B, LINE 15 THE FOLLOWING METHODS ARE USED TO ESTABLISH COMPENSATION OF OFFICERS : COMPENSATION COMMITTEE; INDEPENDENT COMPENSATION CONSULTANT; WRITTEN EMPLOYEMENT CONTRACT; COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. INFORMATION REGARDING DELEGATION FORM 990, PART VI, SECTION A, LINE 3 CONE HEALTH SYSTEM HAS CONTRACTED WITH CAROLINAS HEALTH SYSTEM (CHS) TO PERFORM THE FOLLOWING MANAGMENT DUTIES: (1) PROVIDE EXECUTIVE STAFF, (2) MANAGED CARE CONTRACTING, (3) BEST PRACTICES CONSULTING FOR OPERATIONS ACROSS THE HEALTH SYSTEM, (4) PROVIDE ACCESS TO CHS PURCHASING CONTRACTS, (5) COLLABORATION OF QUALITY DATA ANALYSIS THAT WILL ALLOW THEM TO BETTER MANAGE THE CONVERSION OF REIMBURSEMENT FROM VOLUME-BASED TO VALUE-BASED MODELS AS REQUIRED BY THE AFFORDABLE CARE ACT. THE FOLLOWING OFFICERS WERE COMPENSATED BY CHS DURING THE CALENDAR YEAR ENDING WITHIN THE COMPANY'S TAX YEAR: TERRENCE B. AKIN, CHIEF EXECUTIVE OFFICER: $1,965,360 R. TIMOTHY RICE, FORMER CHIEF EXECUTIVE OFFICER: $1,190,523 JEFFREY JONES, CHIEF FINANCIAL OFFICER: $857,234 THERESA BRODERICK, EXECUTIVE VICE PRESIDENT: $771,005 JUDITH SCHANEL, CHIEF OPERATING OFFICER: $748,082 MARY JO CAGLE, CHIEF CLINICAL OFFICER: $800,311 FORM 990 REVIEW PROCESS FORM 990, PART VI, SECTION B, LINE 11B AN ELECTRONIC VERSION OF THE RETURN IS MADE AVAILABLE ON THE BOARD PORTAL TO ALL BOARD MEMBERS IN ADVANCE OF THE FILING DATE. REPRESENTATIVES OF THE FINANCE STAFF FROM THE HEALTH SYSTEM ARE AVAILABLE TO RESPOND TO ANY QUESTIONS OR ADDRESS ANY ISSUES. CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C BEFORE EVERY BOARD MEETING OR COMMITTEE MEETING, THE CHAIR WILL ASK EVERY MEMBER TO REVIEW THE AGENDA AND TO DISCLOSE ANY AREA WHERE THEY MAY HAVE CONFLICT SO THAT THE DISCLOSURE IS COMPLETE PRIOR TO DISCUSSION. OTHER CHANGES IN NET ASSETS FORM 990, PART XI, LINE 9 USE OF RESTRICTED FUNDS IN THN($405) Moses H Cone Memorial Hospital Oper Cor 1200 North Elm Street Greensboro NC 27401 581588823 Operations NC 501(C)(3) 3 MC PARENT true Moses Cone Medical Services Inc 1200 North Elm Street Greensboro NC 27401 561714318 Physicians NC 501(C)(3) 3 MC PARENT true Moses Cone Physician Services Inc 1200 North Elm Street Greensboro NC 27401 800249057 Physicians NC 501(C)(3) 3 MC PARENT true Moses Cone Affiliated Physicians Inc 1200 North Elm Street Greensboro NC 27401 300554775 Physicians NC 501(C)(3) 3 MC PARENT true REIDSVILLE OB & GYN INC 1200 North Elm Street Greensboro NC 27401 800217430 Physicians NC 501(C)(3) 3 MC Affil Phy true ARMC Health Care 1200 North Elm Street Greensboro NC 27401 581681363 OPERATIONS NC 501(C)(3) 11.b MC PARENT true Alamance Regional Medical Center Inc 1200 North Elm Street Greensboro NC 27401 560529994 Operations NC 501(C)(3) 3 ARMC HC true Alamance Extended Care Inc 1200 North Elm Street Greensboro NC 27401 581681364 L-T Care NC 501(C)(3) 9 ARMC HC true Alamance Regional Medical Center Foundat 1200 North Elm Street Greensboro NC 27401 561681560 Funding NC 501(C)(3) 11.b ARMC HC true Alamance Community & Health Foundation 1200 North Elm Street Greensboro NC 27401 462505818 Funding NC 501(C)(3) 11.b MC PARENT true PACE of Southern Piedmont Inc 1200 North Elm Street Greensboro NC 27401 274683614 OPERATIONS NC 501(C)(3) 3 MC Operating true ARMC Physicians Care Inc 1200 North Elm Street Greensboro NC 27401 562095382 Physicians NC 501(C)(3) 3 ARMC HC true MC - WL Community Health Foundation 1200 North Elm Street Greensboro NC 27401 562001399 Funding NC 501(C)(3) 11.B NA false Mebane Medical Investors LLC 10350 Ormsby Park Pl Ste 300 Louisville KY 40223 352283901 Real Estate NC ARMC N/A false false NSC GREENSBORO WEST LLC 3000 Riverchase Galleria BIRMINGHAM AL 35244 472847536 PHYSICIANS NC MC Med Svcs N/A false false Wellsmith LLC 1200 N Elm St Greensboro NC 27401 810901611 Software NC WLCHS N/A false false Wesley Long Community Health Services 1200 North Elm Street Greensboro NC 27401 561441377 MEDICAL SERVICES NC MC Parent C true Care-n-Care of North Carolina 1200 North Elm Street Greensboro NC 27401 472847536 Insurance NC WLCHS INC C true false true false false false false false false false true false false false false true true true false false The Moses H Cone Memorial Hospital Operating j 35171792 Accrual The Moses H Cone Memorial Hospital Operating o 1047965 Accrual The Moses H Cone Memorial Hospital Operating p 12355098 Accrual The Moses H Cone Memorial Hospital Operating q 3650297 Accrual Moses Cone Medical Services Inc j 852082 Accrual Moses Cone Medical Services Inc p 541298 Accrual Moses Cone Physician Services Inc p 445550 Accrual Moses Cone Affiliated Physicians Inc j 93541 Accrual