2023-11-14T13:51:51-06:00 2022-12-31 346565596 ERNST & YOUNG US LLP 55 IVAN ALLEN JR BLVD SUITE 1000 ATLANTA GA 30308 990 2022-01-01 581728803 NOVANT MEDICAL GROUP INC NOVA 3362772411 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 GEOFFREY GARDNER CFO 3367182003 2023-11-14 1 GEOFFREY GARDNER 999009999 0 AERRIAL M ORR P01598400 4048748300 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z NOVANT HEALTH MEDICAL GROUP CARL ARMATO 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 1139298557 0 X WWW.NOVANTHEALTH.ORG X 1987 NC SEE SCHEDULE O 6 5 8570 9 1724535 0 6751180 2210174 1167162287 1132046297 -58479 719562 3129223 4144707 1176984211 1139120740 900788 87015 0 0 952919366 1001049336 0 0 0 326432720 292522904 1280252874 1293659255 -103268663 -154538515 420634687 411516583 1663954201 1809457636 -1243319514 -1397941053 X SEE SCHEDULE O 0 0 1225859529 87015 1133265403 NOVANT MEDICAL GROUP OFFERS VARIOUS PHYSICIAN SERVICES TO THE COMMUNITY AT MULTIPLE LOCATIONS. NOVANT MEDICAL GROUP PROVIDED 4,456,966 PATIENT ENCOUNTERS DURING 2022. THE ORGANIZATION'S OPERATIONS SERVE THE COMMUNITY BY PROVIDING ACCESS TO MUCH NEEDED HEALTHCARE SERVICES REGARDLESS OF THE PATIENTS' ABILITY TO PAY. 1225859529 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 0 8570 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NC X WENDI STOCKSTILL 3362772411 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 X ERIC ESKIOGLU MD EVP & CMO/TRUSTEE (UNTIL 12/9/22) 0.20 50.00 X 0 1748678 56075 PAMELA OLIVER MD EVP & PRES PHYS NETWORK/TRUSTEE 0.20 50.00 X X 0 1304291 197764 ROBERT BARR MD SECRETARY/TREASURER 0.20 0.20 X X 0 468 0 JOSEPH ELY VICE CHAIR 0.20 0.20 X X 0 115 0 DANIEL MURPHY MD CHAIR 0.20 0.20 X X 0 0 0 DANIELLE SQUIRES TRUSTEE 0.20 0.20 X 0 0 0 DOUGLAS YOUNG PHD TRUSTEE 0.20 0.20 X 0 0 0 FRED HARGETT EVP & CFO 0.20 50.00 X 0 2355664 61852 JOHN HOWARD SVP & COO PHYSICIAN NETWORK 50.00 0.00 X 865155 0 142244 HOWARD HOMESLEY JR ORTHOPAEDIST 45.00 0.00 X 2253109 0 53384 JAMES FRASER ORTHOPAEDIST 45.00 0.00 X 1953367 0 53534 CHASE BENNETT NEUROSURGEON 45.00 0.00 X 1952910 0 53384 WILLIAM BROWN NEUROSURGEON 45.00 0.00 X 1902381 0 19163 ADAM BACK NEUROSURGEON 45.00 0.00 X 1879105 0 53534 GEOFFREY GARDNER FMR SVP (SEE SCHEDULE O) 0.00 50.00 X 0 917398 125591 MARTY LAMBETH FMR VP (SEE SCHEDULE O) 50.00 0.00 X 630180 0 34307 11436207 6326614 850832 1900 1 1 0 SPECTRUM MEDICAL GROUP PA 3001 LYNDHURST AVENUE WINSTON SALEM NC 27103 HEALTH SERVICES 6824714 WEATHERBY HEALTHCARE PO BOX 972633 DALLAS TX 75397 STAFFING SERVICES 4035914 LABORATORY CORPORATION OF AMERICA HOLDIN PO BOX 12140 BURLINGTON NC 27216 LAB SERVICES 3421613 DPS TELECOM SERVICES 3401 MALLORY LANE FRANKLIN TN 37067 REMOTE MONITORING SERVICES 3404132 RED VENTURES LLC 1101 RED VENTURES DRIVE FORT MILL SC 29707 MARKETING SERVICES 2752426 76 515186 1586022 108966 2210174 NET PATIENT REVENUE 621111 964318275 964318275 PHYSICIAN SERVICES 621111 97270315 97270315 VALUE BASED INCENTIVE 900009 59138137 59138137 CARE COORDINATION FEES 900099 5434483 5434483 FLOAT POOL REVENUE 621111 2884758 2884758 3000329 3000329 1132046297 557714 557714 1180920 0 1180920 1180920 1180920 339665 177817 161848 161848 161848 HEALTHCARE ADMINISTRATION SERVICE 561110 1724535 1724535 MISCELLANEOUS REVENUE 900099 820176 800030 20146 PRECEPTOR REVENUE 900099 419076 419076 2963787 1139120740 1133265403 1724535 1920628 X 45950 45950 41065 41065 1007399 1007399 664487 664487 836042126 819321282 16720844 28439455 27870666 568789 91230188 89405584 1824604 43665681 42792367 873314 34625226 30193056 4432170 665626 645679 19947 12876824 7452098 5424726 1501506 1457056 44450 71883977 66134284 5749693 2462744 2422776 39968 458164 449001 9163 2485309 2485309 20703392 19479390 1224002 12023622 11395202 628420 PHARMACEUTICALS 46809080 46809080 MEDICAL SUPPLIES 32257627 32254615 3012 CORPORATE SUPPORT 26760851 26760851 CONTRACT LABOR 14118815 13836439 282376 12890141 11368630 1521511 1293659255 1225859529 67799726 0 125655 301447 79761163 101847253 7880667 7847898 21419 42297 238832493 153342354 92795938 85490139 11921560 11921560 228128285 204065989 420634687 411516583 116754790 138030013 1547199411 1671427623 1663954201 1809457636 X -1243319514 -1397941053 -1243319514 -1397941053 420634687 411516583 X -154538515 -83024 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 1 165 0 1 4324 4489 0 PART II-B, LINE 1: LINE 1A THERE IS LIMITED ENGAGEMENT OF THE BOARD. LINE 1B THERE IS MINIMAL TIME OF SENIOR LEADERS. LINE 1G THERE IS LIMITED CONTACT MADE BY SENIOR LEADERS DURING LOBBYING ACTIVITIES. LINE 1I DUES PAID TO CERTAIN ORGANIZATIONS WHICH INCLUDE A PORTION RELATED TO LOBBYING ACTIVITIES. 1295379 705878 589501 149383435 94879788 54503647 80901820 56068554 24833266 7251859 1688134 5563725 85490139 OTHER ASSETS 441577 RIGHT OF USE ASSETS 203624412 204065989 0 OTHER LIABILITIES 13024779 PATIENT REFUNDS 17614083 THIRD PARTY PAYMENT PAYABLE 9008987 DUE TO AFFILIATES 1421229353 OPERATING LEASE 210550421 1671427623 X PART X, LINE 2: PART X, LINE 2: LIABILITY UNDER FIN 48 (ASC 740) FOOTNOTE THE AUDIT FOR NOVANT HEALTH AND ITS AFFILIATES IS PREPARED ON A CONSOLIDATED BASIS. THE COMPANY IS REQUIRED TO EVALUATE UNCERTAIN TAX POSITIONS. THIS EVALUATION INCLUDES A QUANTIFICATION OF TAX RISK IN AREAS SUCH AS UNRELATED BUSINESS TAXABLE INCOME AND THE TAXATION OF OUR FOR-PROFIT SUBSIDIARIES. THIS EVALUATION DID NOT HAVE A MATERIAL EFFECT ON THE COMPANY'S CONSOLIDATED STATEMENTS OF OPERATIONS AND CHANGES IN NET ASSETS FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021. 1 MARCH OF DIMES FOUNDATION 1275 MAMARONECK AVENUE WHITE PLAINS NY 10605 131846366 501(C)(3) 31000 0 COMMUNITY OUTREACH NORTH CAROLINA INSTITUTE OF MEDICINE 630 DAVIS DRIVE SUITE 100 MORRISVILLE NC 27560 561506066 501(C)(3) 7500 0 COMMUNITY OUTREACH 2 0 PATIENT TRANSPORTATION 1390 41065 0 PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS THE FILING ORGANIZATION IS PART OF THE INTEGRATED HEALTHCARE SYSTEM OPERATED BY NOVANT HEALTH, INC. ("NOVANT HEALTH"), THE PARENT ORGANIZATION. NOVANT HEALTH'S BYLAWS AUTHORIZE IT TO ESTABLISH CERTAIN POLICIES FOR ALL OF ITS SUBSIDIARIES WITHIN THE SYSTEM. NOVANT HEALTH HAS ESTABLISHED A SYSTEM-WIDE CORPORATE POLICY WITH STANDARDIZED GUIDELINES THAT ARE TO BE USED IN REVIEWING THE ELIGIBILITY AND SELECTION OF GRANTEES RECEIVING CERTAIN EXEMPT PURPOSE FUNDS. THE FILING ORGANIZATION MAINTAINS DOCUMENTATION OF THE ELIGIBILITY AND SELECTION CRITERIA AND RECORDS OF THE AMOUNTS ARE MAINTAINED VIA THE GENERAL LEDGER. FUNDS ARE GENERALLY NOT TRACKED AFTER BEING GRANTED, AS THE ORIGINAL ELIGIBILITY AND SELECTION CRITERIA HAVE ALREADY BEEN MET. X X X X 1 1 0 1 0 0 0 0 0 0 0 FRED HARGETT EVP & CFO 0 1092939 0 843828 0 418897 0 18300 0 43552 0 2417516 0 7500 HOWARD HOMESLEY JR ORTHOPAEDIST 1580247 0 636017 0 36845 0 18300 0 35084 0 2306493 0 7500 0 JAMES FRASER ORTHOPAEDIST 1304354 0 614704 0 34309 0 18300 0 35234 0 2006901 0 7500 0 CHASE BENNETT NEUROSURGEON 903879 0 1047147 0 1884 0 18300 0 35084 0 2006294 0 0 0 ADAM BACK NEUROSURGEON 1132501 0 723090 0 23514 0 18300 0 35234 0 1932639 0 0 0 WILLIAM BROWN NEUROSURGEON 899116 0 935325 0 67940 0 16346 0 2817 0 1921544 0 0 0 ERIC ESKIOGLU MD EVP & CMO/TRUSTEE (UNTIL 12/9/22) 0 822425 0 721758 0 204495 0 18300 0 37775 0 1804753 0 123375 PAMELA OLIVER MD EVP & PRES PHYS NETWORK/TRUSTEE 0 701293 0 541038 0 61960 0 163933 0 33831 0 1502055 0 7500 GEOFFREY GARDNER FMR SVP (SEE SCHEDULE O) 0 479401 0 277940 0 160057 0 94317 0 31274 0 1042989 0 69992 JOHN HOWARD SVP & COO PHYSICIAN NETWORK 532070 0 299094 0 33991 0 100652 0 41592 0 1007399 0 0 0 MARTY LAMBETH FMR VP (SEE SCHEDULE O) 355813 0 230971 0 43396 0 18300 0 16007 0 664487 0 0 0 PART I, LINE 1A PART I, LINE 1A: FRINGE OR EXPENSE EXPLANATION FIRST-CLASS OR CHARTER TRAVEL: FIRST-CLASS OR CHARTER TRAVEL IS NOT A COVERED TRAVEL EXPENSE FOR EXECUTIVES; THEY ARE LIMITED TO BUSINESS OR COACH CLASS FARES FOR COMMERCIAL FLIGHTS. HOWEVER, CHARTER TRAVEL IS AVAILABLE TO CERTAIN EXECUTIVES, BOARD MEMBERS, AND APPROVED BUSINESS PERSONNEL MEETING APPLICABLE POLICY CRITERIA. TRAVEL FOR COMPANIONS: COMPANIONS ARE ALLOWED ON CERTAIN CHARTER FLIGHTS PAID FOR BY THE ORGANIZATION. IN THAT CASE, THE VALUE OF THE COMPANION'S FLIGHT IS CALCULATED UNDER APPLICABLE TAX LAWS AND THAT AMOUNT IS INCLUDED IN THE EXECUTIVE'S TAXABLE INCOME AS PRESCRIBED BY THE APPLICABLE TAX LAWS. DISCRETIONARY SPENDING ACCOUNT: CERTAIN EXECUTIVES RECEIVE A DISCRETIONARY SPENDING ACCOUNT. THE DOLLAR AMOUNT IN THE ACCOUNT IS PRE-APPROVED BY THE COMPENSATION AND LEADERSHIP COMMITTEE OF THE NOVANT HEALTH BOARD OF TRUSTEES. THE EXECUTIVE MAY DEFER THE AMOUNT TO A RETIREMENT ACCOUNT OR THE AMOUNT IS TREATED AS COMPENSATION AND IS SPREAD OUT OVER THE COURSE OF THE YEAR IN THE EXECUTIVE'S PAYCHECKS AS TAXABLE INCOME. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: WE PROVIDE TEMPORARY HOUSING ALLOWANCES IN CERTAIN EXECUTIVE RECRUITMENT AND RELOCATION PACKAGES. THE VALUE IS CALCULATED UNDER APPLICABLE TAX LAWS AND THAT AMOUNT IS INCLUDED IN THE EXECUTIVE'S INCOME AS PRESCRIBED BY THE APPLICABLE TAX LAWS. PART I, LINE 3 PART I, LINE 3: THE FILING ORGANIZATION IS AN INTEGRAL PART OF NOVANT HEALTH, AN INTEGRATED HEALTHCARE SYSTEM AND RELIES UPON NOVANT HEALTH, INC., THE PARENT ORGANIZATION, TO USE THE PROCESS DESCRIBED IN PART VI, LINE 15A/15B OF THIS RETURN TO ESTABLISH COMPENSATION FOR CERTAIN EXECUTIVES. THIS PROCESS ADHERES TO THE REQUIREMENTS SET FORTH TO SECURE THE REBUTTABLE PRESUMPTION OF REASONABLENESS AND INCLUDES A REVIEW AND APPROVAL BY INDEPENDENT AND DISINTERESTED MEMBERS OF A COMPENSATION COMMITTEE, CONSULTATION WITH INDEPENDENT COMPENSATION CONSULTANTS, THE UTILIZATION OF THIRD-PARTY COMPARABILITY DATA SUCH AS PUBLISHED COMPENSATION SURVEYS, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. PART I, LINE 4B PART I, LINES 4A-C: SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS SEVERANCE NONE NONQUALIFIED ERIC ESKIOGLU $126,073 JAMES FRASER $11,468 GEOFFREY GARDNER $119,280 FRED HARGETT $11,892 HOWARD HOMESLEY $11,044 PAMELA OLIVER $11,892 EQUITY-BASED NONE PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLANS: THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN ("SERP") IS INTENDED TO SUPPORT RETENTION OF KEY EXECUTIVES, AND TO OFFER COMPETITIVE TOTAL COMPENSATION. GENERALLY, ANNUAL CONTRIBUTIONS TO THE PLAN OR PAYMENTS TO PARTICIPANTS WILL BE BASED ON A PERCENTAGE OF THE PARTICIPANT'S BASE SALARY AS OF JANUARY 1ST OF THE PREVIOUS PLAN YEAR AND ARE REPORTED IN COLUMN (C) OF SCHEDULE J. PRIOR TO MAKING THE CONTRIBUTIONS OR PAYMENTS, THE NOVANT HEALTH COMPENSATION AND LEADERSHIP COMMITTEE ("COMMITTEE") WILL APPROVE THE AMOUNTS AS TO REASONABLENESS, WHEN COMBINED WITH ALL OTHER ANNUAL COMPENSATION. A 3 YEAR CLASS-YEAR VESTING PERIOD WILL APPLY UP TO AGE 62, WHEN ALL MONEY WOULD BE VESTED AND PAID OUT TO THE PARTICIPANT. OTHERWISE, VESTING WILL OCCUR ON JANUARY 1ST OF EACH YEAR FOR THE APPROPRIATE CLASS-YEAR VESTING PERIOD. THE COMMITTEE REVIEWS, APPROVES, AND OVERSEES ALL ASPECTS AND ALL ELEMENTS OF EXECUTIVE COMPENSATION AND BENEFITS. FORM 990, PI, LINE 1: ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES NOVANT MEDICAL GROUP, INC. DOING BUSINESS AS NOVANT HEALTH MEDICAL GROUP ("NHMG") IS AN INTEGRAL PART OF THE NOVANT HEALTH SYSTEM (COLLECTIVELY KNOWN AS "NOVANT HEALTH"), A NOT-FOR-PROFIT INTEGRATED GROUP OF HOSPITALS, PHYSICIAN CLINICS, OUTPATIENT CENTERS AND OTHER HEALTHCARE SERVICE PROVIDERS. THE NOVANT HEALTH NETWORK CONSISTS OF MORE THAN 1,800 PHYSICIANS AND OVER 35,000 TEAM MEMBERS THAT PROVIDE CARE AT NEARLY 800 LOCATIONS, INCLUDING 15 MEDICAL CENTERS AND HUNDREDS OF OUTPATIENT FACILITIES AND PHYSICIAN CLINICS. HEADQUARTERED IN WINSTON SALEM, NORTH CAROLINA, NOVANT HEALTH IS COMMITTED TO MAKING HEALTHCARE REMARKABLE FOR PATIENTS AND COMMUNITIES PROVIDING NEARLY SIX MILLION PATIENT VISITS ANNUALLY. IN 2022, THE NOVANT HEALTH SYSTEM REPORTED $7.6 BILLION IN REVENUES. GENERAL INFORMATION NOVANT HEALTH MEDICAL GROUP IS A PHYSICIAN-LED ORGANIZATION COMPRISED OF OVER 1,800 PHYSICIANS AND ADVANCED PRACTICE CLINICIANS AT MORE THAN 700 CLINIC LOCATIONS THROUGHOUT NORTH CAROLINA AND SOUTH CAROLINA. THE MEDICAL GROUP CONTINUED TO SEE GROWTH IN ITS DIGITAL EFFORTS BY EXPANDING ITS MYCHART USERS FROM 2 MILLION TO 2.5 MILLION. MEDICAL GROUP PHYSICIAN SPECIALISTS HAVE ADVANCED TRAINING IN AREAS SUCH AS CARDIOLOGY, OBSTETRICS AND GYNECOLOGY, ENDOCRINOLOGY, PEDIATRICS, NEUROLOGY, ORTHOPEDICS, OTOLARYNGOLOGY (I.E., EAR, NOSE AND THROAT DISORDERS) AND MANY MORE. WE LEAD THE COUNTRY IN OUR FOCUS ON PATIENT SAFETY IN A MEDICAL GROUP SETTING. ANTIBIOTIC STEWARDSHIP, PATIENT SAFETY COACHES, PDSA CYCLES FOCUSED ON SAFETY AND A GROWING ACKNOWLEDGMENT OF SAFETY IMPROVEMENT OPPORTUNITIES SETS NOVANT HEALTH MEDICAL GROUP APART. WE FOLLOW AN ARRAY OF QUALITY METRICS AND CONTINUE TO IMPROVE AND PERFORM WELL WITH PARTICULAR PROGRESS BEING SEEN IN THE MANAGEMENT OF DIABETES AND IMPROVEMENT IN HEALTH MAINTENANCE AND ANNUAL HEALTH SCREENINGS. IN ADDITION TO OUR QUALITY OF SERVICES AND COMPREHENSIVE CATEGORIES OF SERVICES, WE ARE VERY PROUD OF OUR PATIENT FINANCIAL ASSISTANCE PROGRAM. WE WORK WITH PATIENTS TO HELP QUALIFY THEM FOR PUBLIC ASSISTANCE, ESTABLISH A REASONABLE PAYMENT PLAN, DISCOUNT THEIR BILL, OR PROVIDE FREE CARE FOR THOSE THAT QUALIFY FOR FINANCIAL ASSISTANCE. BY BRINGING TOGETHER WORLD-CLASS TECHNOLOGY AND CLINICIANS TO PROVIDE QUALITY CARE, WE ARE COMMITTED TO CREATING A HEALTHCARE EXPERIENCE THAT IS SIMPLER, MORE CONVENIENT AND MORE AFFORDABLE SO PATIENTS CAN FOCUS ON GETTING BETTER AND STAYING HEALTHY. COMMUNITY OUTREACH COMMUNITY OUTREACH IS A CRITICAL COMPONENT TO THE MISSION OF NOVANT HEALTH MEDICAL GROUP. NOVANT HEALTH PROVIDES HUNDREDS OF PROGRAMS THAT SERVE PATIENTS, NEIGHBORS AND SOME OF OUR COMMUNITIES' MOST VULNERABLE CITIZENS. WE ALSO PROVIDE CHARITY MEDICAL CARE FOR THE UNINSURED, SERVICES TO INDIVIDUALS WITH MEDICAID COVERAGE REIMBURSED AT LESS THAN COST, COMMUNITY HEALTH EDUCATION, MEDICAL SERVICES THAT LOSE MONEY BUT ARE IMPORTANT FOR THE COMMUNITY, SUPPORT GROUPS, OUTREACH SERVICES, COMMUNITY EVENTS AND SCREENINGS. IN ADDITION, WE PARTICIPATE IN MEDICAL RESEARCH, ACADEMIC HEALTH PROGRAMS AND PARTNERSHIPS WITH A DIVERSE GROUP OF ORGANIZATIONS TO PROVIDE OTHER COMMUNITY INITIATIVES. THE GREEN STREET CLINIC AND COMMUNITY CARE CLINIC IN WINSTON-SALEM, NC IS JUST ONE EXAMPLE OF THE FREE CLINICS SUPPORTED BY NOVANT HEALTH MEDICAL GROUP PHYSICIANS, ADVANCED PRACTICE CLINICIANS AND NURSES. THE NOVANT HEALTH FOUNDATION HAS GRANTED FUNDS TO EXPAND BEHAVIORAL HEALTH SERVICES TO PATIENTS AT THE COMMUNITY CARE CLINIC THROUGH TELEMEDICINE. NOVANT HEALTH AND MOVEMENT MORTGAGE HAVE A PRIMARY CARE MEDICAL CARE CLINIC IN CHARLOTTE. THE MOVEMENT FAMILY WELLNESS CENTER POWERED BY NOVANT HEALTH PROVIDES PREVENTIVE AND PRIMARY CARE IN ADDITION TO BEHAVIORAL HEALTH SERVICES. NOVANT HEALTH HAS A PARTNERSHIP WITH THE HOPE COMMUNITY CLINIC OF EAST CHARLOTTE. THIS CLINIC SERVES FAMILIES IN AT-RISK NEIGHBORHOODS AND NOVANT HEALTH PROVIDERS ARE AVAILABLE FOR APPOINTMENTS THREE DAYS A WEEK, OFFERING IMMUNIZATIONS, CHECKUPS AND OTHER CRUCIAL SERVICES. WE ARE ALSO WORKING TO IMPROVE HEALTH AND WELLNESS THROUGHOUT THE COMMUNITY. BY OFFERING FREE HEALTH SCREENINGS, PHYSICIANS, NURSES AND ADVANCED PRACTICE CLINICIANS ARE EDUCATING THE COMMUNITY ABOUT PREDIABETES, DIABETES, HIGH BLOOD PRESSURE AND OBESITY. ADDITIONALLY, NOVANT HEALTH MEDICAL GROUP TEAM MEMBERS SERVE AS TEAM PHYSICIANS AT LOCAL SCHOOLS, PARTICIPATE IN MISSION TRIPS TO AREAS WHERE MEDICAL CARE IS OFTEN NOT AVAILABLE AND SERVE ON BOARDS AND COMMITTEES OF COMMUNITY HEALTH ORGANIZATIONS. AWARDS, RECOGNITIONS & CERTIFICATIONS/RECERTIFICATIONS 117 NOVANT HEALTH FAMILY MEDICINE, INTERNAL MEDICINE AND PEDIATRICS CLINICS ARE RECOGNIZED AS PATIENT-CENTERED MEDICAL HOMES (PCMH) BY THE NATIONAL COMMITTEE FOR QUALITY ASSURANCE (NCQA). IN THE MEDICAL HOME MODEL, NOVANT HEALTH PRIMARY CARE PHYSICIANS LEAD OTHER TEAM MEMBERS IN THEIR ROLES TO ENSURE THAT PATIENTS GET APPROPRIATE CARE AT THE RIGHT PLACE AND RIGHT TIME TO SUPPORT THEIR OPTIMAL HEALTH. THE MODEL ALSO HELPS ENSURE COORDINATED CARE WITH SPECIALISTS, IMPROVED ACCESS TO CARE USING TECHNOLOGY, AND A PATIENT-PROVIDER RELATIONSHIP THAT KEEPS PATIENTS AND THEIR FAMILIES ACTIVELY INVOLVED IN THEIR HEALTH. ACCREDITATION ALL NOVANT HEALTH MEDICAL GROUP CLINICS HAVE BEEN FULLY ACCREDITED BY THE JOINT COMMISSION, AN INDEPENDENT ORGANIZATION THAT EVALUATES A HEALTHCARE ORGANIZATION'S PERFORMANCE IN AREAS THAT MOST AFFECT PATIENT HEALTH AND SAFETY. COMMUNITY BENEFIT REPORT HTTPS://WWW.NOVANTHEALTH.ORG/ABOUT/COMMUNITY/COMMUNITY-HEALTH-NEEDS/ THE COMMUNITY BENEFIT REPORT, REFERRED TO AS A COMMUNITY IMPACT REPORT, PREPARED BY NOVANT HEALTH IS A SYSTEM-WIDE REPORT THAT INCLUDES QUALITATIVE AND QUANTITATIVE INFORMATION. PLEASE NOTE THAT THE NUMERIC DATA IN THIS REPORT IS NOT BASED UPON THE FORM 990, SCHEDULE H CRITERIA, BUT RATHER IT HAS BEEN PREPARED IN ACCORDANCE WITH THE NORTH CAROLINA HEALTHCARE ASSOCIATION REPORTING GUIDELINES. IT SHOULD NOT BE RELIED UPON AS THE ORGANIZATION'S FORM 990, SCHEDULE H COMMUNITY BENEFIT REPORT, ITS COMMUNITY HEALTH NEEDS ASSESSMENT OR COMMUNITY BENEFIT IMPLEMENTATION STRATEGY. IN THIS REPORT, THE NOVANT HEALTH SYSTEM'S COMMUNITY BENEFIT WAS APPROXIMATELY $1,566,000,000, INCLUDING $213,000,000 IN FINANCIAL ASSISTANCE FOR 2022. FORM 990, PART III, LINE 1: MISSION, VISION, AND VALUES MISSION NOVANT HEALTH EXISTS TO IMPROVE THE HEALTH OF OUR COMMUNITIES, ONE PERSON AT A TIME. VISION WE, THE NOVANT HEALTH TEAM, WILL DELIVER THE MOST REMARKABLE PATIENT EXPERIENCE, IN EVERY DIMENSION, EVERY TIME. VALUES -COMPASSION: WE TREAT OUR CUSTOMERS AND THEIR FAMILIES, STAFF AND OTHER HEALTHCARE PROVIDERS AS FAMILY MEMBERS WITH KINDNESS, PATIENCE, EMPATHY AND RESPECT. -DIVERSITY AND INCLUSION: WE RECOGNIZE THAT EVERY PERSON IS DIFFERENT, EACH SHAPED BY UNIQUE LIFE EXPERIENCES. THIS ENABLES US TO BETTER UNDERSTAND EACH OTHER AND OUR CUSTOMERS. BY ENGAGING THE STRENGTHS AND TALENTS OF EACH TEAM MEMBER, WE ENSURE A STRONG ORGANIZATION CAPABLE OF PROVIDING REMARKABLE HEALTHCARE TO OUR PATIENTS, FAMILIES AND COMMUNITIES. -PERSONAL EXCELLENCE: WE STRIVE TO GROW PERSONALLY AND PROFESSIONALLY AND APPROACH EACH SERVICE OPPORTUNITY WITH A POSITIVE, FLEXIBLE ATTITUDE. HONESTY AND PERSONAL INTEGRITY GUIDE ALL WE DO. -TEAMWORK: THE NEEDS AND EXPECTATIONS OF ANY ONE CUSTOMER ARE GREATER THAN WHAT ONE PERSON'S SERVICE EFFORTS CAN SATISFY. WE SUPPORT EACH OTHER SO THAT TOGETHER AS A TEAM, WE CAN BE SUCCESSFUL IN THE EYE OF THE CUSTOMER AS A QUALITY SERVICE PROVIDER. -COURAGE: WE ACT BOLDLY IN MAKING THE CHANGES NECESSARY TO ACHIEVE OUR MISSION, VISION AND PROMISE OF DELIVERING REMARKABLE HEALTHCARE. -SAFETY: WE EMBRACE A CULTURE IN WHICH "FIRST, DO NO HARM" IS THE FOUNDATION OF REMARKABLE HEALTHCARE. OUR WORK ENVIRONMENT IS ONE OF OPEN COMMUNICATION, HIGH-RELIABILITY, AND A RELENTLESS QUEST TOWARD ZERO EVENTS OF PREVENTABLE HARM. OUR PEOPLE WE ARE AN INCLUSIVE TEAM OF PURPOSE-DRIVEN PEOPLE INSPIRED AND UNITED BY OUR PASSION TO CARE FOR EACH OTHER, OUR PATIENTS AND OUR COMMUNITIES. WE ALWAYS REMEMBER, OUR BUSINESS IS THE CARE OF ALL PEOPLE, STARTING WITH OUR TEAM MEMBERS. OUR PROMISE WE ARE RELENTLESSLY PURSUING REMARKABLE CARE EVERY DAY - SO YOU CAN EXPECT THE COMPASSIONATE, EXPERT, PERSONAL EXPERIENCE YOU DESERVE. FORM 990, PART VI, SECTION A, LINE 6 FORM 990, PART VI, SECTION A, LINE 6: CLASSES OF MEMBERS OR STOCKHOLDERS THE CORPORATION IS A NONPROFIT CORPORATION WITH MEMBERS (OR A MEMBER). NOVANT HEALTH, INC. (NHI) IS THE SOLE MEMBER OF NOVANT MEDICAL GROUP (NMG). ANYTHING CONTAINED IN THE BYLAWS TO THE CONTRARY, THE CORPORATE POWERS OF NMG AND THE AUTHORITY OF ITS TRUSTEES AND OFFICERS IS SUBJECT TO CONTROL OF NHI TO THE EXTENT SUCH CONTROL IS SPECIFICALLY DESIGNATED IN THE ARTICLES OF INCORPORATION AND BYLAWS OF NHI. FORM 990, PART VI, SECTION A, LINE 7A FORM 990, PART VI, SECTION A, LINE 7A: ELECTION OF MEMBERS AND THEIR RIGHTS THE BOARD OF NOVANT HEALTH, INC. APPOINTS THE NOVANT MEDICAL GROUP TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B FORM 990, PART VI, SECTION A, LINE 7B: DECISIONS SUBJECT TO APPROVAL OF MEMBERS THE BOARD OF NOVANT HEALTH, INC. APPROVES CHANGES TO THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990, PART VI, SECTION B, LINE 11: ORGANIZATION'S PROCESS TO REVIEW FORM 990 THE BOARD HAS DELEGATED REVIEW OF THE FORM 990 TO NOVANT HEALTH'S BOARD OF TRUSTEES' AUDIT AND COMPLIANCE COMMITTEE ("THE COMMITTEE"), WHICH OVERSEES TAX MATTERS FOR ENTITIES IN THE NOVANT HEALTH SYSTEM. THE COMMITTEE IS THE REVIEW BODY FOR ALL OF THE FORM 990S FILED FOR ORGANIZATIONS WITHIN THE NOVANT HEALTH SYSTEM. THE COMMITTEE MEETS BEFORE THE FORM 990S ARE FILED WITH THE IRS AND AFTER ALL BOARD MEMBERS HAVE BEEN PROVIDED A PAPER OR ELECTRONIC COPY OF THE FORM 990 AND A SUMMARY OF ITS CONTENTS. THE VICE PRESIDENT OF TAX AND LEGAL COUNSEL FOR NOVANT HEALTH ATTEND THE MEETING TO ANSWER ANY QUESTIONS AND ADDRESS ANY SIGNIFICANT DISCLOSURES WITHIN THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C FORM 990, PART VI, SECTION B, LINE 12C: MONITORING AND ENFORCEMENT OF COI THE ORGANIZATION'S TRUSTEE CONFLICT OF INTEREST POLICY APPLIES TO ALL TRUSTEES, PRINCIPAL OFFICERS OR MEMBERS OF A COMMITTEE WITH BOARD DELEGATED POWERS INCLUDING ANY APPLICABLE DISREGARDED ENTITIES. ALL TRUSTEES ARE SENT AN ANNUAL DISCLOSURE QUESTIONNAIRE. THE TRUSTEE ANNUAL DISCLOSURE QUESTIONNAIRES ARE REVIEWED BY THE COMPLIANCE DEPARTMENT. WITH RESPECT TO PARTICULAR TRANSACTIONS THAT COME BEFORE THE BOARD, THE CONFLICT OF INTEREST POLICY WOULD BE FOLLOWED. THE POTENTIAL CONFLICT OF INTEREST WOULD BE DISCLOSED BY THE BOARD MEMBER BEFORE A VOTE ON THE TRANSACTION AND THE REST OF THE BOARD WOULD DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. IF THE REST OF THE BOARD DETERMINED THAT A CONFLICT OF INTEREST EXISTED THEN THE BOARD MEMBER WITH THE CONFLICT OF INTEREST WOULD NOT PARTICIPATE IN THE DELIBERATIONS AND VOTE. FORM 990, PART VI, SECTION B, LINE 15 FORM 990, PART VI, SECTION B, LINE 15A/15B: THE FILING ORGANIZATION IS AN INTEGRAL PART OF NOVANT HEALTH, AN INTEGRATED HEALTHCARE SYSTEM COLLECTIVELY REFERRED TO AS "NOVANT HEALTH." NOVANT HEALTH, INC. IS THE PARENT ORGANIZATION AND INDEPENDENT AND DISINTERESTED MEMBERS OF THE NOVANT HEALTH, INC. BOARD OF TRUSTEES (WHO COMPRISE THE COMPENSATION AND LEADERSHIP COMMITTEE OF THE BOARD) REVIEW, APPROVE, AND OVERSEE ALL ASPECTS OF COMPENSATION AND BENEFITS FOR CERTAIN LEADERS AND EXECUTIVES ("EXECUTIVES") SERVING AS OFFICERS, INCLUDING THE TOP MANAGEMENT OFFICIAL, OR KEY EMPLOYEES FOR NOVANT HEALTH ENTITIES. THE COMMITTEE WORKS WITH AN INDEPENDENT COMPENSATION CONSULTANT AND USES THIRD PARTY COMPARABILITY DATA FOR FUNCTIONALLY SIMILAR POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS TO ENSURE THAT TOTAL COMPENSATION AND BENEFITS FOR EACH EXECUTIVE IS REASONABLE FOR THAT EXECUTIVE'S POSITION. THE COMMITTEE REVIEWS AND APPROVES EXECUTIVE COMPENSATION AND BENEFITS ANNUALLY, CONSISTENT WITH THE WRITTEN EXECUTIVE COMPENSATION PHILOSOPHY OF NOVANT HEALTH, AND IN A MANNER THAT QUALIFIES FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS, THEREBY ASSURING THAT TOTAL COMPENSATION AND BENEFITS PROVIDED TO EACH EXECUTIVE IS REASONABLE. FORM 990, PART VI, SECTION C, LINE 19 FORM 990, PART VI, SECTION C, LINE 19: GOVERNING DOCUMENTS DISCLOSURE THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS CONTAINING ALL ORGANIZATIONS IN THE NOVANT HEALTH SYSTEM ARE POSTED TO THE NOVANT HEALTH WEBSITE. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART VII, SECTION B: INDEPENDENT CONTRACTORS THE FILING ENTITY IS PART OF THE NOT-FOR-PROFIT INTEGRATED HEALTHCARE SYSTEM KNOWN AS NOVANT HEALTH. NOVANT HEALTH, INC., THE PARENT ORGANIZATION, IS RESPONSIBLE FOR CERTAIN CORPORATE SUPPORT FUNCTIONS INCLUDING ACCOUNTS PAYABLE AND ISSUES FORMS 1099 FOR CERTAIN ENTITIES IN THE SYSTEM INCLUDING THE FILING ENTITY. INFORMATION REPORTED IN PART VII, SECTION B REPRESENTS THE EXPENSES PAID ON BEHALF OF THE FILING ENTITY TO INDEPENDENT CONTRACTORS OVER $100,000. FORM 990, PART VII, SECTION A, LINE 1A UPON INTERNAL ANALYSIS, WE HAVE DETERMINED TWO INDIVIDUALS THAT SHOULD NOT HAVE BEEN REPORTED AS KEY EMPLOYEES ON PRIOR FORMS 990, THUS THEY ARE NOW DISCLOSED AS FORMER KEY EMPLOYEES. FORM 990, PART IX, LINE 6: COMPENSATION OF DISQUALIFIED PERSONS THE AMOUNTS REPORTED HERE INCLUDE AMOUNTS ATTRIBUTABLE TO DISQUALIFIED PERSONS (DQP) AS DEFINED IN THE INSTRUCTIONS, BUT NOW ALSO INCLUDES AMOUNTS ATTRIBUTABLE TO INDIVIDUALS THAT MAY NOT DEFINITIVELY BE CONSIDERED DQPS UNDER THE 4958 RULES. WE HAVE OPTED TO TAKE A MORE EXPANSIVE APPROACH AS TO WHO MAY BE CONSIDERED A DQP AND REPORT THEM HERE AS WELL. FORM 990, PART XI, LINE 9: CONTRIBUTIONS: -81,991. AFFILIATE TRANSFER: -1,033. 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