2024-11-14T11:41:47-06:00 2023-12-31 135565207 KPMG LLP 550 SOUTH HOPE STREET SUITE 1500 LOS ANGELES CA 90071 990 2023-01-01 330676831 HOAG CLINIC HOAG 9497644448 ONE HOAG DRIVE PO BOX 6100 NEWPORT BEACH CA 926586100 ANDREW GUARNI EVP & SECRETARY 9497492300 2024-11-14 1 0 HOLLY K MOEN P01800653 2139724000 2023 2024-10-15 13:58:12Z ROBERT BRAITHWAITE ONE HOAG DRIVE PO BOX 6100 NEWPORT BEACH CA 926586100 325304223 0 X NONE X 1995 CA HOAG CLINIC'S MISSION IS TO PROMOTE THE CONTINUED AVAILABILITY OF HEALTH CARE SERVICES TO ALL PERSONS AND PROVIDE COMMUNITY EDUCATION TO HEALTH CARE PROFESSIONALS AND CONDUCT CLINICAL RESEARCH. 17 17 0 17 828395 0 2120294 3120833 246754974 315451287 55920 1548410 9217465 5183693 258148653 325304223 0 0 0 0 96303562 121605447 0 0 0 252403182 307205959 348706744 428811406 -90558091 -103507183 211845301 201863723 122185548 122923432 89659753 78940291 X HOAG CLINIC'S MISSION IS TO PROMOTE THE CONTINUED AVAILABILITY OF HEALTH CARE SERVICES TO ALL PERSONS AND PROVIDE COMMUNITY EDUCATION TO HEALTH CARE PROFESSIONALS AND CONDUCT CLINICAL RESEARCH. 0 0 397935647 0 319806585 SEE SCHEDULE OHOAG CLINIC'S PRIMARY PURPOSE IS TO ESTABLISH, OPERATE AND MAINTAIN CHARITABLE AND EDUCATIONAL PURPOSES (I) MULTISPECIALTY MEDICAL CLINICS AND OTHER CLINICS PURSUANT TO THE PROVISIONS OF SECTION 1206(G) OF THE CALIFORNIA HEALTH AND SAFETY CODE AND OTHER OUTPATIENT OR AMBULATORYHEALTH CARE FACILITIES, ENTITIES AND PROGRAMS FOR THE PROVISION OF HEALTH CARE SERVICES AND (II) EDUCATIONAL FACILITIES THAT, AMONG OTHER THINGS, CONDUCT HEALTH EDUCATION ACTIVITIES AND ENGAGE IN PROGRAMS AND ACTIVITIES DESIGNED TO MEET THE HEALTH, EDUCATION AND SOCIAL NEEDS OF THE GENERAL PUBLIC.IN 2023, HOAG CLINIC PROVIDED PRIMARY CARE SERVICES (INTERNAL MEDICINE, FAMILY PRACTICE AND PEDIATRICS), CONCIERGE MEDICINE, OBSTETRICS AND GYNECOLOGY, ALLERGY, RHEUMATOLOGY,ENDOCRINOLOGY, ONCOLOGY, CARDIOLOGY AND URGENT CARE SERVICES. 397935647 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 X 102 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 17 17 1 0 1 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 0 CA X ANDREW GUARNI 9497644448 ONE HOAG DRIVE PO BOX 6100 NEWPORT BEACH CA 92658 ROBERT BRAITHWAITE PRESIDENT & CEO HOAG HOSPITAL 2.00 57.00 X X 0 2233775 51598 KRIS IYER VP SR & CHIEF PHYS DEV OFFICER 52.00 2.00 X 0 590833 41085 JAMIE CAILLOUETTE BOARD MEMBER 2.00 0.00 X 221494 0 0 RESHMA BLOCK BOARD MEMBER (EFF. 11/23) 2.00 0.00 X 0 0 0 CINDY STOKKE CHAIR (EFF. 11/23) 5.00 0.00 X X 0 0 0 ROBERT BRUNSWICK CHAIR-ELECT (EFF. 11/23) 2.00 0.00 X X 0 0 0 ERIC ALCOULOUMRE MD SECRETARY (EFF. 11/23) 2.00 0.00 X X 0 0 0 DAN YOUNG PAST CHAIR 2.00 0.00 X 0 0 0 VICKI BOOTH BOARD MEMBER 2.00 2.00 X 0 0 0 CHRIS CALLERO BOARD MEMBER (EFF. 11/23) 2.00 0.00 X 0 0 0 DENNIS GILMORE BOARD MEMBER (EFF. 11/23) 2.00 0.00 X 0 0 0 RICHARD HASKELL MD BOARD MEMBER (EFF. 11/23) 2.00 0.00 X 0 0 0 PAUL HEESCHEN BOARD MEMBER (EFF. 11/23) 2.00 0.00 X 0 0 0 KAREN LINDEN BOARD MEMBER 2.00 2.00 X 0 0 0 PAMELA MASSEY BOARD MEMBER (EFF. 11/23) 2.00 0.00 X 0 0 0 BABAK RAD MD BOARD MEMBER (EFF. 11/23) 2.00 0.00 X 0 0 0 MARICELA RIOS FAUST BOARD MEMBER (EFF. 11/23) 2.00 0.00 X 0 0 0 JAMIE SHEPHERDSON BOARD MEMBER (EFF. 11/23) 2.00 0.00 X 0 0 0 RICK TAKETA BOARD MEMBER (EFF. 11/23) 2.00 0.00 X 0 0 0 GEORGE WOOD BOARD MEMBER (EFF. 11/23) 2.00 0.00 X 0 0 0 ANDREW GUARNI EVP AND CFO HOAG HOSPITAL 2.00 54.00 X 0 1122664 48127 MICHAEL GAM VP AND CFO HOAG CLINIC 50.00 0.00 X 0 570770 52832 JIM BOYLE VP HOAG CLINIC MSO 50.00 0.00 X 0 393713 45655 SHEILA PORTER VP HOAG CLINIC GROUP PRACTICE 50.00 0.00 X 0 404499 39727 GAYATHRI JITH VP SR HOAG CLINIC 50.00 0.00 X 0 580347 64850 JUSTIN DAVIS DIRECTOR BUSINESS DEVLOP. HEH 50.00 0.00 X 0 348986 26334 MIA MENDEZ PRINCIPAL REV CYCLE OPS-CLINIC 50.00 0.00 X 0 257336 30945 KELLY REYNOLDS EXEC DIR URGENT PRIMARY CARE 50.00 0.00 X 0 317733 15860 JENNIFER SUSNJARA EXEC DIR GROUP PRACTICE OPS 50.00 0.00 X 0 250423 12496 FARHAN BOAYES DIRECTOR CLAIMS 50.00 0.00 X 0 246320 38419 221494 7317399 467928 1 0 1 0 HOAG MEDICAL GROUP 2995 RED HILL AVE SUITE 200 COSTA MESA CA 92626 MEDICAL SERVICES 46666987 HOAG SPECIALTY CLINIC 2995 RED HILL AVE SUITE 200 COSTA MESA CA 92626 MEDICAL SERVICES 43470841 ORANGE COAST WOMEN'S MEDICAL GROUP 24411 HEALTH CENTER DR SUITE 200 LAGUNA HILLS CA 92653 MEDICAL SERVICES 19263533 NEWPORT CARDIAC & THORACIC 2995 RED HILL AVE SUITE 201 COSTA MESA CA 92626 MEDICAL SERVICES 6571744 NEWPORT FAMILY MEDICINE 520 SUPERIOR AVE SUITE 360 NEWPORT BEACH CA 92663 MEDICAL SERVICES 5445820 28 3120833 3120833 PATIENT SERVICES 621498 188981359 188981359 HMO CAPITATED PAYMENTS 621498 122435858 122435858 QUALITY REVENUE 621498 2828080 2828080 RESEARCH GRANT REVENUE 541700 770000 770000 RENTAL INCOME 531190 435990 435990 315451287 1548410 1548410 ALL OTHER REVENUE 900099 4011388 4011388 IPA PPO 621110 828395 828395 MANAGEMENT SERVICE REV 561110 343910 343910 5183693 325304223 319806585 828395 1548410 X 2223190 2223190 98220667 84391460 13829207 3641646 3587691 53955 11288441 10562898 725543 6231503 5903817 327686 416902 416902 329620 10675 318945 117274 28499 88775 123071159 123054429 16730 1898160 1897730 430 3439360 3230314 209046 24428897 22459287 1969610 218682 215065 3617 30663 30663 10054513 10400513 -346000 2422003 7103 2414900 PURCHASED SERVICES 109690719 102604069 7086650 MEDICAL SUPPLIES 20736960 20720840 16120 DUES AND SUBSCRIPTIONS 5045109 4782232 262877 OTHER EXPENSES 3828749 2398398 1430351 1477189 1233062 244127 428811406 397935647 30875759 0 17845093 7907992 35056525 42576901 0 0 8187551 12365987 0 0 0 0 0 0 0 0 3872464 5197579 63644322 31570469 33825135 32073853 0 0 0 0 0 0 24533492 21108445 88525041 80632966 211845301 201863723 22300097 29342581 0 0 1186684 1708313 0 0 0 0 0 0 0 0 0 0 98698767 91872538 122185548 122923432 X 89659753 78940291 0 0 89659753 78940291 211845301 201863723 X -103507183 92787721 X 0 1 X 1 0 X 545341 2614780 1534403 2120294 3120833 9935651 76863033 114348337 207253168 253789313 319806585 972060436 77408374 116963117 208787571 255909607 322927418 981996087 0 0 0 981996087 59355 44653 11887 55920 1548410 1720225 2940363 2089749 2827459 2183126 828395 10869092 2999718 2134402 2839346 2239046 2376805 12589317 80408092 119097519 211626917 258148653 325304223 994585404 0.98730 0.98100 0.01270 0.01900 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20260499 15388410 4872089 14251576 9230985 5020591 29132247 6951074 22181173 32073853 OTHER RECEIVABLES 7997612 OTHER ASSETS 1581790 ROU ASSET 71053564 80632966 DUE TO AFFILIATES -1002328 ACCRUED LIAB - CAPITATED CONTRACTS 12423641 ROU LIABILITIES 73976749 DEFERRED INCOME 4144476 MALPRACTICE LIABILITY 2330000 91872538 X PART X, LINE 2: UNCERTAIN TAX POSITION UNDER ASC 740 FOOTNOTE FROM THE HMHP CONSOLIDATED AUDITED FINANCIAL STATEMENTS: ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, INCOME TAXES, CLARIFIES THE ACCOUNTING FOR INCOME TAXES BY PRESCRIBING A MINIMUM RECOGNITION THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS. ASC TOPIC 740 ALSO PROVIDES GUIDANCE ON DERECOGNITION, MEASUREMENT, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE, AND TRANSITION. THE GUIDANCE IS APPLICABLE TO PASS-THROUGH ENTITIES AND TAX-EXEMPT ORGANIZATIONS. NO SIGNIFICANT TAX LIABILITY FOR TAX BENEFITS, INTEREST, OR PENALTIES WAS ACCRUED AT DECEMBER 31, 2023 AND 2022. 0 1 0 0 0 0 0 0 0 ROBERT BRAITHWAITE PRESIDENT & CEO HOAG HOSPITAL 0 1347500 0 760500 0 125775 0 28050 0 24822 0 2286647 0 118243 ANDREW GUARNI EVP AND CFO HOAG HOSPITAL 0 823387 0 271683 0 27594 0 40650 0 8752 0 1172066 0 15310 GAYATHRI JITH VP SR HOAG CLINIC 0 578333 0 0 0 2014 0 39000 0 26953 0 646300 0 0 KRIS IYER VP SR & CHIEF PHYS DEV OFFICER 0 456302 0 124667 0 9864 0 40650 0 1205 0 632688 0 0 MICHAEL GAM VP AND CFO HOAG CLINIC 0 372860 0 192435 0 5475 0 39000 0 14740 0 624510 0 0 SHEILA PORTER VP HOAG CLINIC GROUP PRACTICE 0 330691 0 70621 0 3187 0 26176 0 13860 0 444535 0 0 JIM BOYLE VP HOAG CLINIC MSO 0 328336 0 64260 0 1117 0 30968 0 15551 0 440232 0 0 JUSTIN DAVIS DIRECTOR BUSINESS DEVLOP. HEH 0 193903 0 154000 0 1083 0 16500 0 10236 0 375722 0 0 KELLY REYNOLDS EXEC DIR URGENT PRIMARY CARE 0 275226 0 41985 0 522 0 15860 0 683 0 334276 0 0 JENNIFER SUSNJARA EXEC DIR GROUP PRACTICE OPS 0 216159 0 33769 0 495 0 12496 0 26717 0 289636 0 0 MIA MENDEZ PRINCIPAL REV CYCLE OPS-CLINIC 0 157591 0 22741 0 77004 0 10354 0 21008 0 288698 0 0 FARHAN BOAYES DIRECTOR CLAIMS 0 211726 0 34099 0 495 0 12292 0 26718 0 285330 0 0 JAMIE CAILLOUETTE BOARD MEMBER 221494 0 0 0 0 0 0 0 0 0 221494 0 0 0 PART I, LINE 3 DESCRIPTION OF PRESIDENT PAID BY EXEMPT PARENT THE ORGANIZATION'S PRESIDENT IS PAID BY ITS TAX-EXEMPT PARENT, HOAG MEMORIAL HOSPITAL PRESBYTERIAN (HMHP), AND IS DISCLOSED AS A PERSON PAID BY A RELATED ORGANIZATION. SEE SCHEDULE O, PART VI, LINE 15A FOR THE PROCESS THAT IS COMPLETED BY HOAG MEMORIAL HOSPITAL PRESBYTERIAN. PART I, LINE 4B PARTICIPATION IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN THE ORGANIZATION'S TAX-EXEMPT PARENT, HOAG MEMORIAL HOSPITAL PRESBYTERIAN MAKES ANNUAL CONTRIBUTIONS TO A SERP PLAN ON BEHALF OF CERTAIN MEMBERS OF SENIOR MANAGEMENT IN ACCORDANCE WITH PLAN DOCUMENTS. CERTAIN EXECUTIVES PARTICIPATE IN A NONQUALIFIED SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN PROVIDED BY A RELATED ENTITY. THE FOLLOWING INDIVIDUALS RECEIVED A DISTRIBUTION DURING THE CURRENT YEAR: ROBERT BRAITHWAITE - $118,243 ANDREW GUARNI - $15,310 FORM 990, PART V, LINE 2A W-2S HOAG MEMORIAL HOSPITAL PRESBYTERIAN (HMHP) PAYS ALL EMPLOYEES OF HOAG CLINIC AND THEREFORE ISSUES ALL W-2S. FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIPS BOARD MEMBER ROBERT BRAITHWAITE, OFFICER ANDREW GUARNI, BOARD MEMBER PAUL HEESCHEN AND BOARD MEMBER JAMES CAILLOUETTE, MD HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS OF THE CORPORATION WERE AMENDED TO REMOVE THE EXISTING CLINIC BOARD AND APPOINT A NEW CLINIC BOARD THAT IS MADE UP OF, AND AT ALL TIMES, SHALL BE THE SAME AS, HOAG MEMORIAL HOSPITAL PRESBYTERIAN BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OR STOCKHOLDERS: THE SOLE CORPORATE MEMBER OF THE CORPORATION IS HOAG MEMORIAL HOSPITAL PRESBYTERIAN, A RELATED TAX-EXEMPT ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A POWER TO ELECT OR APPOINT MEMBERS: THE CORPORATE MEMBER APPOINTS THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS RESERVED FOR MEMBERS OR STOCKHOLDERS: THE FOLLOWING DECISIONS WERE RESERVED FOR MEMBERS PRIOR TO NOVEMBER 3, 2023: A) CHANGES OR AMENDMENTS TO THE BYLAWS; B) APPOINTMENT AND REMOVAL OF DIRECTORS; C) DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS; D) ANY MERGER OR DISSOLUTION OF THE CORPORATION. EFFECTIVE NOVEMBER 3, 2023 THE FOLLOWING DECISIONS ARE RESERVED FOR MEMBERS: A) TO REMOVE, WITH OR WITHOUT CAUSE, ALL OR SOME OF THE DIRECTORS; B) TO SELECT OR REMOVE THE MANAGEMENT OF THE CORPORATION; C) TO SET THE GOVERNANCE, OPERATING, FINANCIAL, AND LEGAL COMPLIANCE POLICIES OF THE CORPORATION; AND D) TO APPROVE ANY ALTERATION TO THESE BYLAWS THAT AFFECT THE IDENTIFY, POWERS, OR AUTHORITY OF THE MEMBER. FORM 990, PART VI, SECTION A, LINE 8B THE BOARD OF DIRECTORS OF THE CORPORATION HAS DESIGNATED THE AUDIT & COMPLIANCE COMMITTEE OF THE BOARD OF DIRECTORS OF HOAG MEMORIAL HOSPITAL PRESBYTERIAN, THE CORPORATION'S MEMBER, TO ACT AS THE AUDIT & COMPLIANCE COMMITTEE OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B PROCESS USED TO REVIEW THE 990: HOAG MEMORIAL HOSPITAL PRESBYTERIAN'S AUDIT AND COMPLIANCE COMMITTEE (WHICH SERVES AS AN ADVISORY COMMITTEE TO THE CORPORATION'S BOARD) AND THE CORPORATION'S BOARD OF DIRECTORS REVIEW THE FORM 990 PRIOR TO ISSUANCE. THE FORM 990 WAS PREPARED BASED ON INFORMATION RECEIVED FROM VARIOUS OF THE CORPORATION'S DEPARTMENTS INCLUDING ACCOUNTING, HUMAN RESOURCES, CORPORATE COMPLIANCE AND LEGAL. THE CORPORATION ENGAGED AN OUTSIDE ACCOUNTING FIRM TO PREPARE THE RETURN. MANAGEMENT PRESENTED THE RETURNS TO THE AUDIT AND COMPLIANCE COMMITTEE, AND DISCUSSED KEY DISCLOSURES AND INFORMATION INCLUDED IN THE FORM 990. THE AUDIT AND COMPLIANCE COMMITTEE AND THE BOARD ARE PROVIDED WITH A DRAFT FORM 990 AND ARE PROVIDED AMPLE TIME TO READ THE DOCUMENT AND DEVELOP QUESTIONS. THE BOARD THEN CONVENES PRIOR TO THE ISSUANCE OF THE FORM 990 TO REVIEW AND DISCUSS THE DRAFT FORM 990 WITH MANAGEMENT. AN ELECTRONIC VERSION OF THE FORM 990 IS DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C MONITORING & ENFORCEMENT OF COMPLIANCE WITH CONFLICT OF INTEREST POLICY: THE ORGANIZATION'S BOARD OF DIRECTORS HAS ADOPTED THE COMPREHENSIVE BOARD CONFLICT OF INTEREST POLICY OF ITS PARENT AND MEMBER. OFFICERS, DIRECTORS, NON-DIRECTOR MEMBERS OF BOARD COMMITTEES, AND SENIOR EXECUTIVES AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE. RESPONSES TO THE QUESTIONNAIRE ARE SUBMITTED FOR REVIEW AND RECOMMENDATION TO THE CHIEF COMPLIANCE OFFICER PRIOR TO REVIEW AND CONSIDERATION BY THE AUDIT & COMPLIANCE COMMITTEE OR GOVERNANCE COMMITTEE OF THE BOARD. IF, SUBSEQUENT TO COMPLETION OF THE ANNUAL QUESTIONNAIRE, ANY COVERED PERSON BECOMES AWARE OF AN INTEREST THAT COULD GIVE RISE TO A CONFLICT OF INTEREST INVOLVING THE ORGANIZATION OR AN AFFILIATE, THE COVERED PERSON IS OBLIGATED TO PROMPTLY DISCLOSE THE POTENTIAL CONFLICT OF INTEREST TO THE BOARD. THE AUDIT AND COMPLIANCE COMMITTEE OR THE GOVERNANCE COMMITTEE SHALL DETERMINE IF A DISCLOSED INTEREST MAY RESULT IN A CONFLICT OF INTEREST. THE PERSON HAVING THE POTENTIAL CONFLICT MAY NOT BE PRESENT DURING ANY MEETING IN WHICH THE AUDIT AND COMPLIANCE COMMITTEE OR GOVERNANCE COMMITTEE CONDUCTS ITS EVALUATION, EXCEPT TO ANSWER QUESTIONS. THE AUDIT AND COMPLIANCE COMMITTEE OR GOVERNANCE COMMITTEE MAY REQUEST ADDITIONAL INFORMATION BEFORE REACHING A DETERMINATION. WHERE A CONFLICT IS DETERMINED TO EXIST, THE AUDIT AND COMPLIANCE COMMITTEE OR GOVERNANCE COMMITTEE, WHICH FOR THESE PURPOSES MUST INCLUDE THE CHAIR OF THE AUDIT AND COMPLIANCE COMMITTEE, SHALL NOT ENGAGE IN A CONTRACT, TRANSACTION, OR ARRANGEMENT, UNLESS THE BOARD OF DIRECTORS OR GOVERNANCE COMMITTEE HAVE INVESTIGATED ALTERNATIVES AND DEVELOPED AND IMPLEMENTED A PLAN FOR MANAGING THE CONFLICT. ANY DIRECTOR HAVING A CONFLICT OF INTEREST WITH RESPECT TO A PROPOSED CONTRACT, TRANSACTION OR ARRANGEMENT IS PROHIBITED FROM VOTING ON ANY MATTER RELATING TO THE CONTRACT, TRANSACTIONS OR ARRANGEMENT, AND IS EXCUSED FROM THE PORTION OF THE MEETING WHERE THE PROPOSED CONTRACT IS DISCUSSED. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION: THE ORGANIZATION'S PRESIDENT AND OTHER OFFICERS ARE PAID BY HOAG MEMORIAL HOSPITAL PRESBYTERIAN, AND ARE DISCLOSED AS PERSONS PAID BY A RELATED ORGANIZATION DURING TAX YEAR ENDING 12-31-23. THE COMPENSATION OF THE OFFICERS ARE REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE OF HOAG'S BOARD OF DIRECTORS, COMPRISED SOLELY OF INDEPENDENT DIRECTORS. THE COMPENSATION COMMITTEE RECEIVES A STUDY PERFORMED BY AN INDEPENDENT CONSULTING FIRM THAT REVIEWS LEVELS OF COMPENSATION AT COMPARABLE ORGANIZATIONS FOR COMPARABLE POSITIONS WHEN SETTING COMPENSATION OF THE OFFICERS AND KEY EMPLOYEES. THIS PROCESS OF USING COMPARABLE DATA TO ESTABLISH LEVELS OF COMPENSATION HAS BEEN IN PLACE IN EXCESS OF 38 YEARS. THE COMPENSATION COMMITTEE DOCUMENTS THAT THE COMPENSATION IS REASONABLE IN ITS BOARD MINUTES DURING EXECUTIVE SESSION. THIS PROCESS WAS LAST COMPLETED IN 2023. IN ADDITION, THE INDEPENDENT CONSULTING FIRM PROVIDES THE BOARD WITH AN OPINION LETTER EACH YEAR CERTIFYING THAT THE COMPENSATION PROGRAM AND ALL PAY ELEMENTS (TOTAL REMUNERATION) APPROVED BY THE BOARD ARE DEEMED REASONABLE IN COMPLIANCE WITH IRC SECTION 4958. FORM 990, PART VI, SECTION C, LINE 19 PROCESS FOR MAKING DOCUMENTS AVAILABLE TO THE PUBLIC HOAG CLINIC MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PHYSICIAN PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 122,164,361. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 122,164,361. MEDICAL DIRECTOR FEES: PROGRAM SERVICE EXPENSES 657,243. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 657,243. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 232,825. MANAGEMENT AND GENERAL EXPENSES 16,730. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 249,555. FORM 990, PART XI, LINE 9: EQUITY TRANSFER FROM HMHP 92,787,721. HOAG ACCOUNTABLE CARE ORGANIZATION LLC ONE HOAG DRIVE NEWPORT BEACH CA 92663 HEALTHCARE CA 0 723 HC HMTS INC ONE HOAG DRIVE PO BOX 6100 NEWPORT BEACH CA 92658 453583707 HEALTHCARE CA 501(C)(3) 12, I HMHP 0 HOAG CHARITY SPORTS 2081 BUSINESS CTR DR STE 195 NEWPORT BEACH CA 92663 452982422 SUPPORT CA 501(C)(3) 7 HMHP 0 HOAG HOSPITAL FOUNDATION ONE HOAG DRIVE PO BOX 6100 NEWPORT BEACH CA 92658 953222343 FUNDRAISING CA 501(C)(3) 7 HMHP 0 HOAG MEMORIAL HOSPITAL PRESBYTERIAN ONE HOAG DRIVE PO BOX 6100 NEWPORT BEACH CA 92658 951643327 HEALTHCARE CA 501(C)(3) 3 HMHP 0 COASTAL ASC HOLDINGS LLC ONE HOAG DRIVE BOX 6100 NEWPORT BEACH CA 92658 810986844 HEALTHCARE CA HMHP N/A 0 0 HOAG ORTHOPEDIC INSTITUTE ONE HOAG DRIVE BOX 6100 NEWPORT BEACH CA 92658 611588294 HEALTHCARE CA HMHP N/A 0 0 NEWPORT IMAGING CENTER 360 SAN MIGUEL NEWPORT BEACH CA 92660 330191776 HEALTHCARE CA HMHP N/A 0 0 HOAG MANAGEMENT SERVICES INC ONE HOAG DRIVE BOX 6100 NEWPORT BEACH CA 92658 330731587 HEALTHCARE CA HMHP C 0 HOAG PHYSICIAN PARTNERS 16148 SAND CANYON AVE IRVINE CA 92618 834276044 HEALTHCARE CA CLINIC C 462333 1.00000 1 HOAG ORTHOPEDIC NETWORK ONE HOAG DRIVE PO BOX 6100 NEWPORT BEACH CA 92658 834062064 HEALTHCARE CA N/A C 0 0 0 1 0 0 0 0 0 0 1 1 0 1 0 1 0 0 1 1 HOAG PHYSICIAN PARTNERS R 3575939 ACCRUAL HOAG PHYSICIAN PARTNERS S 2976368 ACCRUAL