2015-11-16T16:11:22-06:00 2014-12-31 990 2014-01-01 943480131 Louisiana Children's Medical Center LOUI 5048969388 200 Henry Clay Avenue New Orleans LA 701185720 Suzanne Haggard CFO of LCMC 5048963055 2015-11-16 2014 2016-04-25 22:37:26Z Gregory C Feirn 200 Henry Clay Avenue New Orleans LA 701185720 21352685 0 X www.lcmchealth.org X 2009 LA The primary purpose of LCMC is to create, maintain, and grow health care services in New Orleans consistent with the charitable mission of the LCMC affiliates. LCMC provides support and management services to the System Entities so that the entities in turn can focus their efforts on carrying out their exempt purposes. 31 28 0 0 0 0 0 0 13736972 21352685 0 0 0 0 13736972 21352685 0 144948 0 0 2275371 6775369 0 0 0 11461601 14432368 13736972 21352685 0 0 1211502 14205296 1211502 14205296 0 0 X The primary purpose of LCMC is to create, maintain, and grow health care services in New Orleans consistent with the charitable mission of the LCMC affiliates. LCMC provides support and management services to the System Entities so that the entities in turn can focus their efforts on carrying out their exempt purposes. To that end, the executive management of the System and their support staff and systems are centralized at LCMC. The revenue of LCMC is derived from management fees received from the System Entities. Children's Hospital and its subsidiaries, Touro Infirmary and its subsidiaries, and University Medical Center Management Corporation are members of the System (LCMC). While Children's and Touro are both tax exempt organizations, some of the affiliates and/or subsidiaries of Children's and Touro are for-profit entities. Any services provided to such entities will be at the express direction and for the benefit of Children's and Touro. 0 0 144948 144948 0 Louisiana Children's Medical Center ("LCMC") was organized in the State of Louisiana on February 4, 2009, as a non-stock, non-profit corporation, in connection with a proposed affiliation (the "Transaction") between Children's Hospital ("Children's") and Touro Infirmary ("Touro"), both Louisiana non-profit, tax-exempt, publicly supported corporations, and their respective subsidiaries and affiliates (together with Children's and Touro, the "System Entities", and together with LCMC, the "System"). In 2013, the affiliation also included University Medical Center Management Corporation ("UMCMC"), a LA non-profit, tax-exempt, publicly supported corporation as a "System Entity". LCMC is a support organization which spends 100% of its time performing specific functions of, and carrying out the purposes of the System Entities, including increasing the management and operational efficiency of the System Entities. All of these organizations are located in the greater New Orleans area and provide health care related services, primarily hospital based, to a regional population.Children's provides comprehensive pediatric healthcare that meets the special needs of children through excellence and continuous improvement of patient care, education, research, and research. Touro, founded in 1852, serves the Greater New Orleans community as a premier, diverse, multi-specialty hospital, caring for the sick regardless of race, color, creed, religious affiliation, or ability to pay. UMCMC operates the Interim LSU Hospital (ILH) and upon its completion the new University Medical Center in New Orleans (UMC). UMCMC is a provider of charity care for the uninsured and plays a vital role as a statewide referral center for patients in need of tertiary care. UMCMC also provides medical and allied health training through its affiliation with academic institutions to strengthen and enhance opportunities to achieve the State's medical education, clinical care and research goals. In tax year 2014, LCMC and its affiliates provided total community benefit expense of $485.3 million. This amount represented 54 percent of the affiliates combined total expense. LCMC and its affiliates provide services to many low-income residents of the Greater New Orleans area. In 2014, $376.2 million in expense (42 percent of the affiliates combined total expense) was incurred in providing services for Medicaid recipients and in providing financial assistance.Touro and Childrens and other health care providers in Louisiana have collaborated with the State and units of local government in Louisiana, to more fully fund the Medicaid program and ensure the availability of quality healthcare services for the low income and needy residents in the community population. The provision for this care directly to low income and needy patients will result in the alleviation of the expense of public funds the governmental entities previously expended on such care, thereby allowing the governmental entities to increase support for the state Medicaid program up to federal Medicaid Upper Payment Limits UPL. Each States UPL methodology must comply with its State plan and be approved by the Centers for Medicare & Medicaid Services CMS. Federal matching funds are not available for Medicaid payments that exceed UPLs. In Tax Year 2014, Touro and Childrens received UPL payments of approximately 15.5 million and 51.4 million respectively, which are included in Direct offsetting revenue on Part I, Line 7b in Schedule H of the respective Hospital's 990s. 144948 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 31 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Jessica Cahill Children's Controller 5048969388 200 Henry Clay Avenue New Orleans LA 70118 X Mrs Julie Livaudais George Board Chairman 1.00 X 0 0 0 William L Mimeles Board Vice Chairman 1.00 X 0 0 0 Katie Andry Crosby Board Treasurer 1.00 X 0 0 0 Leon J Reymond III Board Secretary 1.00 X 0 0 0 A Whitfield Huguley IV Board Past Chairman 1.00 X 0 0 0 Michael Adinolfi MD Board Member 1.00 X 0 0 0 Paul Barron Board Member 1.00 X 0 0 0 Kenneth H Beer Board Member 1.00 X 0 0 0 Allan Bissinger Board Member 1.00 X 0 0 0 Ralph O Brennan Board Member 1.00 X 0 0 0 Elwood F Cahill Jr Board Member 1.00 X 0 0 0 Philip deV Claverie Board Member 1.00 X 0 0 0 Stephen Hales MD Board Member 1.00 X 0 0 0 Mrs E Douglas Johnson Jr Board Member 1.00 X 0 0 0 Ruth Kullman Board Member 1.00 X 0 0 0 Stephen Kupperman Board Member 1.00 X 0 0 0 Mrs Francis Lauricella Board Member 1.00 X 0 0 0 Theodore Le Clercq Board Member 1.00 X 0 0 0 Hugh W Long PhD Board Member 1.00 X 0 0 0 John Y Pearce Board Member 1.00 X 0 0 0 Gabriella Pridjian MD Board Member 1.00 X 0 0 0 Anthony Recasner PhD Board Member 1.00 X 0 0 0 Stephen L Sontheimer Board Member 1.00 X 0 0 0 Mrs Betty Sullivan Board Member 1.00 X 0 0 0 Mrs George Villere Board Member 1.00 X 0 0 0 Knight Worley MD Board Member 1.00 X 0 0 0 Bobby Yarborough Board Member 1.00 X 0 0 0 Royce Yount Board Member 1.00 X 0 0 0 Richard Baumgartner MD Board Member 0.50 54.50 X 0 210159 28924 Gregory C Feirn CEO of LCMC 53.00 2.00 X X 0 960708 46062 John Heaton MD Board Member 0.50 54.50 X X 0 522693 41412 Jim Montgomery President & COO of LCMC 22.00 33.00 X 0 1368855 26758 Suzanne Haggard CFO of LCMC 30.00 36.50 X 0 478747 31115 0 3541162 174271 0 0 1 0 Huron Consulting Services 3005 Momenyum Place Chicago IL 606895330 Business Advisory Consulting 8838377 Kurt Salmon US INC 1355 Peachtree ST NE Ste 900 Atlanta GA 30309 Consultant 827180 Deveney Communication 2406 Chartres Street New Orleans LA 70117 Consultant and Advertising 526444 Foley & Lardner 1111 Huntington Avenue Boston MA 02199 Legal Services 436410 Merrill Lynch One Bryant Park 12th Floor New York NY 10036 Consultant 200000 9 Management Services 561000 21352685 21352685 21352685 21352685 21352685 0 0 X 144948 144948 6140966 6140966 225291 225291 290389 290389 -5034 -5034 123757 123757 1186504 1186504 12492355 12492355 436207 436207 19374 19374 34246 34246 53674 53674 7046 7046 53739 53739 Membership 100000 100000 Books and Periodicals 28316 28316 Certificates and Licens 13500 13500 Meals and Entertainment 7407 7407 21352685 144948 21207737 0 12135338 1211502 685827 129609 1308261 53739 0 1254522 1211502 14205296 440972 7277695 770530 6927601 1211502 14205296 X 0 0 1211502 14205296 0 0 X X 0 1 X 1 0 X X X 3 Children's Hospital 720467503 501(c)(3) 0 0 0 Touro Infirmary 720423659 501(c)(3) 0 0 0 University Medical Center Management Corporation 251925187 501(c)(3) 0 0 0 3 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 13736972 0 13736972 0 0 0 0 0 2275371 0 11461601 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11461601 9742361 0 9742361 0 9742361 0 15027568 0 1308261 0 0 16335829 16335829 9742361 1.000 9742361 0 0 0 0 0 0 16335829 0 9742361 6593468 0 0 6593468 0 6593468 Schedule A, Part IV Line 1 Louisiana Children's Medical Center ("LCMC") was organized in the State of Louisiana in 2009, as a non-stock, non-profit corporation, with its founding member being Children's Hospital. Through a Health Care System Agreement between LCMC, Children's Hospital (Children's), Touro Infirmary and its subsidiaries (Touro), and University Medical Center Management Corporation (UMCMC), these parties have determined that together they can provide a multi-hospital, not-for-profit community based system. Within this system, LCMC functions as the System Parent and sole member of Children's, the sole member of Touro, and the sole member of UMCMC. Schedule A, Part IV, Section D., Line 3 The LCMC Board of Directors includes individual members of the Board of Directors from Children's, Touro and UMC which are all supported organizations. Their inclusion in the activities of the LCMC Board of Directors and its Committees ensures that the organizations have a significant voice in the organizations policies and use of the organization's income and assets. Schedule A, Part IV Line 6 Reference Schedule I, Part II. Schedule A, Part V, Line 8. This amount represents amounts paid to perform activities by LCMC that would have otherwise normally be engaged in by the supported organizations. 857905 18722 839183 450356 35017 415339 1254522 Due to Children's Hospital 6927601 6927601 1 New Orleans Business Alliance 985 Gravier Street New Orleans LA 70112 273654312 501 (c) 3 100000 0 Support economic development in New Orleans to benefit supported organizations. 1 X X X 0 0 0 0 1 0 1 0 0 Richard Baumgartner MD Board Member 0 195350 0 0 0 14809 0 16030 0 22408 0 248597 0 0 Gregory C Feirn CEO of LCMC 0 640961 0 265757 0 53990 0 21750 0 25834 0 1008292 0 0 John Heaton MD Board Member 0 442184 0 22614 0 57895 0 22100 0 21411 0 566204 0 0 Jim Montgomery President & COO of LCMC 0 722098 0 637583 0 9174 0 13887 0 12871 0 1395613 0 0 Suzanne Haggard CFO of LCMC 0 384285 0 90029 0 4433 0 22045 0 9070 0 509862 0 0 Schedule J, Part I, Line 3 Base compensation, incentive compensation and all other reportable and non-reportable compensation is reviewed annually by the Executive Committee of the Board of Trustees. The Executive Committee is a subset of the Board of Trustees. Decisions made by the Executive Committee are documented and reported in summary to the full board of Trustees. In addition to board review, third-party consultants periodically review compensation and incentive amounts to ensure market reasonableness and competitiveness. Third-party prepared compensation and incentive review is presented to the Executive Committee. Schedule J, Part I, Line 5 Reference Sch J, Part 1, Line 3 Schedule J, Part I, Line 6 Reference Sch J, Part 1, Line 3 Form 990, Part VI, Section B, line 11 "A draft of the Organization's Form 990 was presented to all members of the LCMC board for review via email link to a secure drop box. The Form 990 was prepared by Children's accounting department and reviewed by Children's CFO." Form 990, Part VI, Section B, line 12c An annual survey is sent to the Board Members, and it requires them to disclose conflicts of interest. If conflicts exist, they are resolved by the governing body, and the resolution could include removal of the board member. Form 990, Part VI, Section B, line 15 The corporation relies on comparable data from unrelated entities to determine the amount of compensation for its executives, and documentation is maintained regarding the determination of these amounts. The final decision regarding the amount of compensation is subject to approval of the LCMC Executive Committee. Form 990, Part VI, Section C, line 19 Documents are made available upon request. Form 990, Part VII, Section A, Line 1a, Col (b) Column (B) Average hours per week for related organizations: Jim Montgomery, President and COO of Touro Infirmary (EIN 72-0423659) and of LCMC (EIN 94-3480131) also works 32 hours for the related filing organization of Touro Infirmary (EIN 72-0423659), and 1 hour of service as Board Member of the related filing organization Touro Infirmary Foundation (EIN 72-1169939); Greg Feirn, CEO of LCMC, also provides 1 hour of service for the related filing organization Touro Infirmary Foundation (EIN 72-1169939); and Suzanne Haggard also works 36.5 hours for related filing organization of Touro Infirmary (EIN 72-0423659). Form 990, Part IX, line 11g Consulting: Program service expenses 0. Management and general expenses 12,304,790. Fundraising expenses 0. Total expenses 12,304,790. Market Research: Program service expenses 0. Management and general expenses 122,460. Fundraising expenses 0. Total expenses 122,460. Web based document storage: Program service expenses 0. Management and general expenses 23,220. Fundraising expenses 0. Total expenses 23,220. Repairs and Maintenance: Program service expenses 0. Management and general expenses 34,605. Fundraising expenses 0. Total expenses 34,605. Other Purchased Services: Program service expenses 0. Management and general expenses 7,280. Fundraising expenses 0. Total expenses 7,280. Form 990, Part XII, Line 2c: The Organization did not change either its oversight process or selection process during the tax year. Children's Hospital 200 Henry Clay Avenue New Orleans LA 701185720 720467503 Pediatric Hospital LA 501(c)(3) Line 3 LCMC EIN 94-3480131 1 Touro Infirmary 1401 Foucher Street New Orleans LA 70115 720423659 Hospital LA 501(c)(3) Line 3 LCMC EIN 94-3480131 1 University Medical Center Management Corportation 2021 Perdido Street New Orleans LA 70112 251925187 Hospital LA 501(c)(3) Line 3 LCMC EIN 94-3480131 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 Children's Hospital L 5338169 Mgt Fee Charged to Children's Hos Touro Infirmary L 6405803 Mgt Fee Charged to Touro Infirmar University Medical Center Management Corporation L 9608705 Mgt Fee Charged to UMCMC Children's Hospital M 0 Children's Hospital N 0 Children's Hospital O 6775369 Amt processed by Children's Hosp University Medical Center Management Corporation Q 10248132 Cash paid to LCMC Touro Infirmary Q 6020997 Cash paid to LCMC Request for automatic 3 month extension was approved and granted by the IRS. Additional 3 month extension until November 15, 2015 was also granted by the IRS.