2011-11-11T11:29:39-06:00 2010-12-31 ERNST & YOUNG US LLP 111 MONUMENT CIRCLE STE 2600 INDIANAPOLIS IN 462045120 990 2010-01-01 133714932 Healthfirst Inc HEAL 2128016000 100 CHURCH ST FL 18 NEW YORK NY 100072601 MARYBETH TITA 2128016000 2011-11-11 Christopher Boggs 3176817000 2010 2016-02-24 21:20:13Z X PATRICIA J WANG 100 CHURCH ST FL 18 NEW YORK NY 100072601 2881 false X WWW.HEALTHFIRSTNY.ORG X 1993 NY To promote the provision of health services to indigent and other persons through the support of plans engaged in the offering of Medicaid and Medicare managed care. 21 21 0 0 0 0 0 0 0 0 14678 2881 0 0 14678 2881 0 0 0 0 0 0 0 0 0 503 1931 503 1931 14175 950 2312508 2313458 0 0 2312508 2313458 X TO PROMOTE THE PROVISION OF HEALTH SERVICES TO INDIGENT AND OTHER PERSONS THROUGH THE SUPPORT OF A PREPAID HEALTH SERVICES PLAN AND OTHER NOT-FOR-PROFIT HEALTH MAINTENANCE ORGANIZATIONS ENGAGED IN THE OFFERING OF MEDICAID MANAGED CARE AND OTHER FEDERAL AND STATE MANAGED CARE PRODUCTS. false false 0 0 PROMOTION OF THE PROVISION OF HEALTH SERVICES TO INDIGENT AND OTHER PERSONS THROUGH SUPPORT OF A PREPAID HEALTH SERVICES PLAN AND OTHER NOT-FOR-PROFIT HEALTH MAINTENANCE ORGANIZATIONS ENGAGED IN THE OFFERING OF MEDICAID MANAGED CARE AND OTHER FEDERAL AND STATE MANAGED CARE PRODUCTS. 0 true false false false false false false false false false false false false false false 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 true true false false true 0 0 0 false false false false false false false false false false false X 21 21 false true false false true true true true true false false true true true true true true false false false NY X MARYBETH TITA 2128016000 100 CHURCH ST FL 18 NEW YORK NY 100072601 X STAN BREZENOFF 1.0 X 0 0 0 MIGUEL A FUENTES JR 1.0 X 0 0 0 NELSON TOEBBE 1.0 X 0 0 0 JOHN GUPTA 1.0 X 0 0 0 JEFFREY MENKES 1.0 X 0 0 0 ALAN D AVILES 1.0 X 0 0 0 LINDA BRADY 1.0 X 0 0 0 HOWARD B GOLD 1.0 X 0 0 0 PAM BRIER 1.0 X 0 0 0 DONALD L ASHKENASE 1.0 X 0 0 0 DONALD SCANLON 1.0 X 0 0 0 ARTHUR A GIANELLI 1.0 X 0 0 0 CHIRS CONSTANTINO 1.0 X 0 0 0 RUTH LEVIN 1.0 X 0 0 0 GARY E BIE 1.0 X 0 0 0 GRACE WONG 1.0 X 0 0 0 SCOTT COOPER MD 1.0 X 0 0 0 GUS COSTALAS 1.0 X 0 0 0 DAVID P ROSEN 1.0 X 0 0 0 RICHARD BECKER 1.0 X 0 0 0 AMAR JIT SINGH 1.0 X 0 0 0 RICHARD DONOGHUE 1.0 X 0 0 0 DENNIS MITCHELL 1.0 X 0 0 0 MICHAEL BRESLIN 1.0 X 0 0 0 PATRICIA J WANG 1.0 X 0 1206179 217641 MARYBETH A TITA 1.0 X 0 444258 68986 ELIZABETH R ST CLAIR 1.0 X 0 488527 65122 JAY A SCHECHTMAN 1.0 X 0 506688 93425 DANIEL P MCCARTHY 1.0 X 0 632126 96413 STEVEN SAKOVITS 1.0 X 0 490252 83479 GEORGE FRAWLEY 1.0 X 0 391808 110413 KEITH Y GORDON 1.0 X 0 459771 64619 MICHAEL H HONIG 1.0 X 0 525374 18917 SEAN M NATARO 1.0 X 0 336606 21267 0 5481589 840282 0 false true false 0 0 0 2881 2881 0 0 0 0 0 0 0 2881 0 2881 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 BANK SERVICE CHARGES 1931 1931 1931 0 1931 0 2310827 2311777 1681 1681 2312508 2313458 0 0 0 0 X 2312508 2313458 2312508 2313458 2312508 2313458 950 X false true true X false X X X false false false HEALTHFIRST PHSP INC 133783732 09 true 0 1 0 X X X X X true true false false false false true false false JAY A SCHECHTMAN 0 371872 0 118701 0 16115 0 83319 0 10106 0 600113 0 0 STEVEN SAKOVITS 0 308695 0 107716 0 73841 0 73600 0 9879 0 573731 0 0 GEORGE FRAWLEY 0 282533 0 100936 0 8339 0 104618 0 5795 0 502221 0 0 PATRICIA J WANG 0 701556 0 290769 0 213854 0 207647 0 9994 0 1423820 0 0 MARYBETH A TITA 0 329426 0 96003 0 18829 0 54757 0 14229 0 513244 0 0 ELIZABETH R ST CLAIR 0 342296 0 111053 0 35178 0 54786 0 10336 0 553649 0 0 KEITH Y GORDON 0 285578 0 143255 0 30938 0 54731 0 9888 0 524390 0 0 DANIEL P MCCARTHY 0 440085 0 160111 0 31930 0 81766 0 14647 0 728539 0 0 MICHAEL H HONIG 0 309902 0 91225 0 124247 0 8923 0 9994 0 544291 0 0 SEAN M NATARO 0 249671 0 76634 0 10301 0 7350 0 13917 0 357873 0 0 1 SCHEDULE J, PART 1, LINE 4A THE FOLLOWING INDIVIDUALS ENTERED INTO SEVERANCE AGREEMENTS AND/OR RECEIVED SEVERANCE PAYMENTS FROM HF MANAGEMENT SERVICES, LLC - A RELATED ORGANIZATION: STEVEN SAKOVITS TOTAL OF SEVERANCE AGREEMENT IN 2010: 487,725 SEVERANCE PAID IN 2010: -0- SEVERANCE DEFERRED TO 2011: 325,150 SEVERANCE DEFERRED TO 2012: 162,575 2 SCHEDULE J, PART 1, LINE 4B THE FOLLOWING INDIVIDUALS PARTICIPATED IN THE NON-QUALIFIED RETIREMENT PLAN PROVIDED BY HF MANAGEMENT SERVICES, LLC - A RELATED ORGANIZATION. THE AMOUNTS BELOW REPRESENT CONTRIBUTIONS FROM THE PLAN SPONSOR FOR 2010. Patrica J. Wang 200,297. [Col. C] Michael H. Honig 109,701. [Col. BIII] George Frawley 90,346. [Col. C] Daniel P. McCarthy 74,416. [Col. C] Jay A. Schechtman 68,600. [Col. C] Steve Sakovits 58,778. [Col. C] Elizabeth R. St Clair 47,436. [Col. C] Marybeth A. Tita 47,407. [Col. C] Keith Y. Gordon 47,373. [Col. C] 3 SCHEDULE J, PART 1, LINE 6B A PORTION OF THE BONUS COMPENSATION RECEIVED BY OFFICER OF THE ORGANIZATION IS CONTINGENT UPON THE NET EARNINGS OF HF MANAGEMENT SERVICES, LLC - A RELATED ORGANIZATION. 1 FORM 990, PART VI, SECTION A, LINE 3 THE BOARD OF DIRECTORS OF HEALTHFIRST INC. HAS APPOINTED AN EXECUTIVE COMMITTEE AND DELEGATED TO THE COMMITTEE THE AUTHORITY TO ACT ON ITS BEHALF, AS REFLECTED IN THE RESOLUTION OF THE BOARD OF DIRECTORS DATED JULY 8, 2008. THE CHARTER OF THE EXECUTIVE COMMITTEE IS ATTACHED TO THE RESOLUTION. THE MEMBERS OF THE EXECUTIVE COMMITTEE ARE NAMED IN THE RESOLUTION. 2 FORM 990, PART VI, SECTION A, LINE 6 HEALTHFIRST, INC. IS A NEW YORK STATE NOT-FOR-PROFIT CORPORATION WITH MEMBERS CONSISTING OF REGIONAL NOT-FOR-PROFIT HOSPITALS. MEMBERS ARE DIVIDED INTO CLASS A AND CLASS B TYPES. CLASS A MEMBERS ARE ENTITLED TO VOTE ON ALL MATTERS OF BUSINESS. CLASS B MEMBERS ARE ONLY ENTITLED TO VOTE ON MATTERS AFFECTING MANAGED HEALTH, INC., A RELATED ORGANIZATION. 3 FORM 990, PART VI, SECTION A, LINES 7A AND 7B 7A: THE MEMBERS OF HEALTHFIRST INC. CONSIST OF 23 NOT-FOR-PROFIT HOSPITALS, EACH WITH A RIGHT TO APPOINT ONE DIRECTOR TO THE BOARD OF DIRECTORS. THERE ARE 21 DIRECTORS WITH VOTING RIGHTS BECAUSE SOME HOSPITALS HAVE APPOINTED THE SAME INDIVIDUAL TO THE BOARD. 7B: AMENDMENTS TO THE GOVERNING DOCUMENTS OF HEALTHFIRST, INC. REQUIRE APPROVAL BY THE MEMBERS. 4 FORM 990, PART VI, SECTION A, LINE 11B THE 990 IS PREPARED BY THE HF MANAGEMENT SERVICES, LLC (HFMS) CORPORATE FINANCE DEPARTMENT STAFF AND THEN REVIEWED BY THE HFMS DIRECTOR OF TREASURY. SECONDARY REVIEWS ARE ALSO PERFORMED BY THE HFMS ASSISTANT VICE PRESIDENT OF FINANCE, GENERAL COUNSEL AND CHIEF FINANCIAL OFFICER. THE DRAFT 990 IS THEN REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. THE DRAFT 990 IS THEN PRESENTED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS, WHICH IS AUTHORIZED BY RESOLUTION TO ACT ON BEHALF OF THE ENTIRE BOARD OF DIRECTORS, FOR REVIEW AND MEMBERS ARE GIVEN AN OPPORTUNITY TO DISCUSS THE 990 AT A MEETING. THE FINAL 990 IS SUBMITTED AFTER THE COMMITTEE REVIEWS IT. 5 FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST DISCLOSURE STATEMENT IS COMPLETED ANNUALLY BY EACH BOARD MEMBER, OFFICER AND KEY EMPLOYEE. EACH BOARD MEMBER, OFFICER AND KEY EMPLOYEE IS GIVEN A COPY OF THE DISCLOSURE STATEMENT TO COMPLETE ON AN ANNUAL BASIS. A MEMBER WHO DOES NOT COMPLETE THE STATEMENT IS NOT ALLOWED TO ATTEND BOARD MEETINGS AND MAY BE REMOVED FROM THE BOARD. AN OFFICER OR KEY EMPLOYEE WHO DOES NOT COMPLETE THE STATEMENT WILL BE DISCIPLINED, UP TO TERMINATION FROM THE POSITION. ANY DISCLOSURE OF A CONFLICT OR POTENTIAL CONFLICT IS REVIEWED BY THE CHIEF COMPLIANCE OFFICER. CONFLICTS ARE ADDRESSED BY EXAMINING THE RELATIONSHIP OF THE INDIVIDUAL TO THE ORGANIZATION. A REPORT OF ANY CONFLICTS IS PREPARED FOR DISCUSSION WITH AUDIT AND COMPLIANCE COMMITTEE OF THE BOARD OF DIRECTORS AS WELL AS THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. AS APPROPRIATE, ACTION IS TAKEN, INCLUDING BUT NOT LIMITED TO MODIFICATIONS TO BUSINESS AGREEMENTS, CHANGES IN VENDORS OR REPLACEMENT OF THE DIRECTOR, OFFICER OR KEY EMPLOYEE WITH A NON-CONFLICTED INDIVIDUAL. 6 FORM 990, PART VI, SECTION B, LINE 15 BECAUSE THE REPORTING ORGANIZATION DID NOT COMPENSATE ANY OFFICER OR EMPLOYEE, THE REPORTING ORGANIZATION HAS RESPONDED "NO." HOWEVER, THE COMPENSATION OF THE CEO, OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE COMPENSATION COMMITTEE OF HF MANAGEMENT SERVICES, LLC (A RELATED ORGANIZATION). THE COMMITTEE CONSISTS ONLY OF INDEPENDENT DIRECTORS. THE PROCESS FOR DETERMINING COMPENSATION IS DESCRIBED IN THE COMMITTEES CHARTER. THE PROCESS INCLUDES ENGAGEMENT OF AN OUTSIDE HUMAN RESOURCES CONSULTING FIRM TO CONDUCT A COMPARABILITY ANALYSIS. THE ANALYSIS INCLUDES COMPARABLE RANGES OF EXECUTIVE COMPENSATION USING THE COMPANY'S INDUSTRY CLASSIFICATION. THE COMMITTEE MEETS PRIOR TO IMPLEMENTATION OF ANY CHANGE IN COMPENSATION. CONTEMPORANEOUS MINUTES OF EACH MEETING ARE PREPARED. 7 FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC BY PROVIDING COPIES ON REQUEST FOR INSPECTION AT ITS CORPORATE OFFICES. 8 FORM 990, PART VII, SECTION A NONE OF THE EMPLOYEES LISTED EARNED ANY COMPENSATION FROM THE NOT-FOR-PROFIT ENTITY. ALL OF THE COMPENSATION WAS PAID BY HF MANAGEMENT SERVICES, LLC (A RELATED ORGANIZATION). 9 FORM 990, PART XII, LINE 2C THE SELECTION OF THE INDEPENDENT AUDITOR IS ADMINISTERED BY THE AUDIT AND COMPLIANCE COMMITTEE OF THE BOARD OF DIRECTORS. HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:PATRICIA J. WANG TITLE:PRESIDENT/CEO HOURS:40 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:MARYBETH A. TITA TITLE:SVP/CHIEF FINANCIAL OFFICER HOURS:40 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:ELIZABETH R. ST CLAIR TITLE:SVP/GENERAL COUNSEL HOURS:40 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:JAY A. SCHECHTMAN TITLE:SVP/CHIEF MEDICAL OFFICER HOURS:40 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:DANIEL P. MCCARTHY TITLE:EVP / CHIEF OPERATING OFFICER HOURS:40 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:STEVEN SAKOVITS TITLE:SVP/CHIEF INFORMATION OFFICER HOURS:40 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:GEORGE FRAWLEY TITLE:SVP OPERATIONS HOURS:40 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:KEITH Y. GORDON TITLE:SVP / CHIEF SALES OFFICER HOURS:40 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:MICHAEL H. HONIG TITLE:SVP, BUSINESS DEVELOPMENT HOURS:40 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:SEAN M. NATARO TITLE:ASSOCIATE GENERAL COUNSEL HOURS:40 HEALTHFIRST PHSP INC 100 CHURCH ST FL 18 NEW YORK NY 100072601 133783732 MANAGED CARE NY 501(c)(3) 9 HEALTHFIRST MANAGED HEALTH INC 100 CHURCH ST FL 18 NEW YORK NY 100072601 113029569 MANAGED CARE NY 501(c)(4) HEALTHFIRST HEALTHFIRST HEALTH PLAN OF NJ INC 1 WASHINGTON ST STE 1405 NEWARK NJ 071023105 510609967 MANAGED CARE NJ 501(c)(4) HF MGMT SVCS SENIOR HEALTH PARTNERS INC 345 E 102 ST STE 200 NEW YORK NY 100295611 134103882 MGD LT CARE NY 501(c)(3) 9 HF MGMT SVCS HF MANAGEMENT SERVICES LLC 100 CHURCH ST FL 18 NEW YORK NY 100072601 134069806 3RD PTY ADM SVCS NY NA RELATED 0 0 false 0 false 0.00000 HF ADMINISTRATIVE SERVICES INC 100 CHURCH ST FL 18 NEW YORK NY 100072601 133873482 3RD PTY ADM SVCS NY HF MGMT SVCS C CORP 0 0 0.00000 HF PURCHASING SERVICES INC 100 CHURCH ST FL 18 NEW YORK NY 100072601 020537865 LEASING SVCS NY HF MGMT SVCS C CORP 0 0 0.00000 false false false true false false false false false false false false false false false false false false HEALTHFIRST PHSP INC D 40000000 1 FORM 990, SCHEDULE R, PART V, LINE 2 METHOD OF DETERMINING AMOUNT INVOLVED ITEM (1): THE AMOUNT REPRESENTS THE AVAILABLE BALANCE OF THE LINE OF CREDIT. ANY AMOUNTS DRAWN ARE GUARANTEED BY HEALTHFIRST, INC. THERE WAS NO BALANCE OUTSTANDING AT DECEMBER 31, 2010.