2025-11-17T15:31:24-06:00 2024-12-31 135565207 KPMG LLP 350 N 5TH STREET SUITE 600 MINNEAPOLIS MN 55401 990 2024-01-01 363465840 PARK NICOLLET HEALTH SERVICES PARK 9528835613 6500 EXCELSIOR BOULEVARD ST LOUIS PARK MN 55426 ALITA R RISINGER VP & CFO 9528835401 2025-11-17 1 0 HOLLY MOEN P01800653 6123055000 2024 2025-03-06 01:10:19Z ALITA R RISINGER 6500 EXCELSIOR BLVD SLP MN 55426 226474928 0 X WWW.PARKNICOLLET.COM X 1986 MN TO IMPROVE HEALTH AND WELL-BEING IN PARTNERSHIP WITH OUR MEMBERS, PATIENTS AND COMMUNITY. 16 14 51 75 0 0 436015 306495 200973142 209988413 9912459 16168020 0 0 211321616 226462928 643 846 0 0 121908101 129104894 0 0 0 60662153 63077542 182570897 192183282 28750719 34279646 617045885 267308158 608356937 224159081 8688948 43149077 X OUR MISSION IS TO IMPROVE HEALTH AND WELL-BEING IN PARTNERSHIP WITH OUR MEMBERS, PATIENTS AND COMMUNITY. 0 0 178089487 846 209988413 SEE SCHEDULE O - EXEMPT PURPOSE AND ACHIEVEMENTS FOR A DESCRIPTION OF PROGRAM SERVICE ACCOMPLISHMENTS 178089487 1 1 0 1 0 0 0 0 0 0 1 0 1 0 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 0 0 0 1 0 0 51 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 14 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 1 1 MN X SCOTT C PALMQUIST 9528837556 8170 33RD AVE S BLOOMINGTON MN 55440 PHILIP DONALDSON DIRECTOR & CHAIR 1.90 0.00 X X 0 40000 0 ROBERT EHREN DIRECTOR 3.00 0.00 X 0 30000 0 MORRIS GOODWIN DIRECTOR & TREASURER 3.10 0.00 X X 0 33000 0 DEBORAH HOPP DIRECTOR & VICE CHAIR 3.80 0.00 X X 0 48000 0 KATHLEEN KELLEY DIRECTOR 4.00 0.00 X 0 33000 0 DAVID LAGERSTROM DIRECTOR 3.00 0.00 X 0 30000 0 AMY LANGER DIRECTOR 3.00 0.00 X 0 33000 0 ANA RUBY LEE DIRECTOR 2.40 0.00 X 0 30000 0 LAURA LIU DIRECTOR 3.20 0.00 X 0 30000 0 SHARON PIERCE DIRECTOR 3.00 0.00 X 0 33000 0 SONDRA SAMUELS DIRECTOR 2.50 0.00 X 0 33000 0 THOMAS SCHRUP MD DIRECTOR 2.60 0.00 X 0 30000 0 PAUL WILLIAMS DIRECTOR 3.40 0.00 X 0 36000 0 BRAD WOZNEY MD DIRECTOR 2.40 0.00 X 0 33000 0 STEVEN M CONNELLY MD DIRECTOR & EXC MEDICAL DIRECTOR 40.00 20.00 X X 1142429 0 177487 RAE ANN WILLIAMS DIRECTOR 2.00 48.00 X 0 409838 160728 NIMA A DESAI MD CMO METHODIST HOSPITAL 0.00 40.00 X 0 508477 51421 MELISSA T FRITZ CNO METHODIST HOSPITAL 0.00 60.00 X 0 357980 72041 NATHAN PULSCHER PRESIDENT HUTCHINSON HEALTH (DEC) 1.00 49.00 X 0 359790 72106 JENNIFER L MYSTER PRESIDENT METHODIST HOSPITAL 0.50 54.50 X 0 674000 145186 ANDREA M WALSH PRESIDENT & CEO 35.00 20.00 X 0 2927366 910637 NANCY L EVERT SECRETARY & SVP GEN CNSL 10.00 40.00 X 0 830206 248257 NANCY A MCCLURE JAN-FEB CHIEF OPERATING OFFICER 49.50 0.50 X 0 1319085 52557 MEGAN M REMARK MAR-DEC CHIEF OPERATING OFFICER 54.50 0.50 X 0 1058974 368676 ALITA RISINGER CFO 0.50 49.50 X 0 725287 155052 MARK R SANNES MD EXC MEDICAL DIRECTOR 54.50 0.50 X 1099763 0 181666 JAMES P LYONS PRESIDENT HUTCHINSON HEALTH (JAN-NOV) 0.50 49.50 X 373772 0 50663 THOMAS A JONES PHYSICIAN 50.00 0.00 X 948029 0 83155 TERESA A TRAN-LIM PHYSICIAN 50.00 0.00 X 722993 0 80007 JAMES J WHEELER SR MEDICAL DIRECTOR 60.00 0.00 X 690857 0 69637 THOMAS M WALSH SR. MEDICAL DIRECTOR ORTHO 50.00 0.00 X 1016558 0 99051 JOSHUA O ZIMMERMAN SR MEDICAL DIRECTOR 40.00 0.00 X 604560 0 108114 NATHAN G BLAD FORMER PRESIDENT OLIVIA HOSPITAL 0.00 0.00 X 220734 0 48449 HEIDI G CONRAD FORMER CFO 0.00 0.00 X 0 704622 61676 6819695 10347625 3196566 20 1 1 0 UNIVERSITY OF MINNESOTA PHYSICIANS 516 DEAWARE ST SE MINNEAPOLIS MN 55455 PHYSICIAN SERVICES 12042894 KNUTSON CONSTRUCTION SERVICES 7515 WAYZATA BLVD MINNEAPOLIS MN 55426 CONSTRUCTION 3281279 RJM CONSTRUCTION LLC 830 BOONE AVE N GOLDEN VALLEY MN 55427 CONSTRUCTION 1990249 LOCUMTENENS COM LLC PO BOX 405547 ATLANTA GA 30384 STAFFING 1902579 GO WILD LLC 317 WASHINGTON ST ST PAUL MN 55102 SPONSORSHIP 694350 9 7062 299433 306495 PATIENT SERVICES 621400 196996242 196996242 SERVICES TO AFFILIATES 561000 12554208 12554208 CONTRACT REVENUE 621400 437963 437963 209988413 16168020 16168020 12000 12000 0 0 226462928 209988413 0 16168020 846 846 2601345 2601345 109950419 107444858 2505561 560532 326642 233890 11490959 10481145 1009814 4501639 4153120 348519 111867 1572 110295 10120 10120 10387130 8795006 1592124 2653121 441378 2211743 2927076 2801725 125351 2756304 331133 2425171 5061704 5012677 49027 134880 120521 14359 135102 123754 11348 575163 473768 101395 6663153 6061164 601989 -103037 113443 -216480 MEDICAL SUPPLIES AND EQ 26925020 26915670 9350 TAXES AND ASSESSMENTS 2394130 2394130 MISCELLANEOUS 1532424 1298942 233482 MAINTENANCE & REPAIRS 913385 797993 115392 192183282 178089487 14093795 0 435465580 -158174350 32600689 253019926 337 1218 1120771 1324429 117103990 66927355 46127535 50176635 95495953 107616805 6235020 13343495 617045885 267308158 528566689 162721777 10213385 69576863 61437304 608356937 224159081 X 8688948 43149077 8688948 43149077 617045885 267308158 X 34279646 180483 X 0 1 X 1 0 X 0 0 0 436015 306495 742510 117028415 146790787 159318229 179935740 196996242 800069413 117028415 146790787 159318229 180371755 197302737 800811923 0 0 0 800811923 0 0 327238 9912459 16168020 26407717 327238 9912459 16168020 26407717 117028415 146790787 159645467 190284214 213470757 827219640 0.96810 0.98610 0.03190 0.01390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 0 0 39874 0 39874 192183282 2119324503 192183282 2119364377 1000000 1000000 250000 250000 0 0 0 0 1000000 1000000 1000000 1000000 4000000 6000000 74751 79739 29157 39874 223521 250000 250000 250000 250000 1000000 1500000 6449488 6449488 39963880 10294813 29669067 24309855 21080619 3229236 42764228 35550011 7214217 3616539 1912 3614627 50176635 INVESTMENT IN TRI-CARE 4461176 C INVESTMENT IN ST FRANCIS REGIONAL MEDICAL CENTER 103155629 C 107616805 CONTINGENT MALPRACTICE LIABILITY 34342447 LEASE OBGLIGATION 11965439 DEFERRED EMPLOYEE BENEFITS 6277725 NOTES PAYABLE - RELATED PARTY 8851693 61437304 X PART X, LINE 2: PARK NICOLLET HEALTH SERVICES IS INCLUDED IN THE HEALTHPARTNERS, INC. (HP) CONSOLIDATED AUDITED FINANCIAL STATEMENT. JUDGMENT IS REQUIRED IN DETERMINING HP'S EFFECTIVE TAX RATE AND IN EVALUATING ITS TAX POSITION. HP ESTABLISHES ACCRUALS FOR UNCERTAIN TAX POSITIONS WHEN, DESPITE THE BELIEF THAT HP'S TAX RETURN POSITIONS ARE FULLY SUPPORTABLE, HP BELIEVES THAT ITS POSITION MAY NOT BE FULLY SUSTAINED, PRIMARILY GIVEN THE RISKS ASSOCIATED WITH TAX LITIGATION OR DISPUTES. THE UNCERTAIN TAX POSITION ACCRUALS ARE ADJUSTED IN LIGHT OF CHANGING FACTS AND CIRCUMSTANCES, SUCH AS THE PROGRESS OF TAX AUDITS, CASE LAW, AND EMERGING LEGISLATION. HP'S EFFECTIVE TAX RATE INCLUDES THE IMPACT OF CHANGES TO THE ACCRUALS FOR UNCERTAIN TAX POSITIONS. HP CLASSIFIES INTEREST AND PENALTIES ON TAX-RELATED MATTERS AS INCOME AND OTHER TAX EXPENSE IN THE CONSOLIDATED STATEMENTS OF OPERATIONS AND CHANGES IN NET ASSETS. HP RECORDED NO LIABILITIES AT DECEMBER 31, 2024 OR 2023 FOR UNRECOGNIZED TAX BENEFITS. X X X X X 1 1 0 0 0 1 1 0 0 ANDREA M WALSH PRESIDENT & CEO 0 1548903 0 1053970 0 324493 0 828534 0 82103 0 3838003 0 299224 MEGAN M REMARK MAR-DEC CHIEF OPERATING OFFICER 0 713363 0 291457 0 54154 0 313500 0 55176 0 1427650 0 41922 NANCY A MCCLURE JAN-FEB CHIEF OPERATING OFFICER 0 137374 0 329421 0 852290 0 17250 0 35307 0 1371642 0 207790 STEVEN M CONNELLY MD DIRECTOR & EXC MEDICAL DIRECTOR 702001 0 316695 0 123733 0 116271 0 61216 0 1319916 0 0 0 MARK R SANNES MD EXC MEDICAL DIRECTOR 693079 0 297788 0 108896 0 117649 0 64017 0 1281429 0 0 0 THOMAS M WALSH SR. MEDICAL DIRECTOR ORTHO 861901 0 140642 0 14015 0 31598 0 67453 0 1115609 0 0 0 NANCY L EVERT SECRETARY & SVP GEN CNSL 0 529742 0 238830 0 61634 0 213042 0 35215 0 1078463 0 53243 THOMAS A JONES PHYSICIAN 790791 0 106909 0 50329 0 31598 0 51557 0 1031184 0 0 0 ALITA RISINGER CFO 0 483006 0 238898 0 3383 0 105485 0 49567 0 880339 0 0 JENNIFER L MYSTER PRESIDENT METHODIST HOSPITAL 0 493790 0 138826 0 41384 0 95899 0 49287 0 819186 0 23367 TERESA A TRAN-LIM PHYSICIAN 626839 0 85181 0 10973 0 31598 0 48409 0 803000 0 0 0 HEIDI G CONRAD FORMER CFO 0 0 0 0 0 704622 0 41006 0 20670 0 766298 0 704622 JAMES J WHEELER SR MEDICAL DIRECTOR 562157 0 120858 0 7842 0 31598 0 38039 0 760494 0 0 0 JOSHUA O ZIMMERMAN SR MEDICAL DIRECTOR 468073 0 88098 0 48389 0 71327 0 36787 0 712674 0 0 0 RAE ANN WILLIAMS DIRECTOR 0 353661 0 22840 0 33337 0 115125 0 45603 0 570566 0 0 NIMA A DESAI MD CMO METHODIST HOSPITAL 0 415763 0 89933 0 2781 0 30580 0 20841 0 559898 0 0 NATHAN PULSCHER PRESIDENT HUTCHINSON HEALTH (DEC) 0 277395 0 73399 0 8996 0 31598 0 40508 0 431896 0 0 MELISSA T FRITZ CNO METHODIST HOSPITAL 0 279589 0 77070 0 1321 0 31598 0 40443 0 430021 0 0 JAMES P LYONS PRESIDENT HUTCHINSON HEALTH (JAN-NOV 280642 0 83725 0 9405 0 0 0 50663 0 424435 0 0 0 NATHAN G BLAD FORMER PRESIDENT OLIVIA HOSPITAL 219768 0 0 0 966 0 25859 0 22590 0 269183 0 0 0 PART I, LINES 4A-B SCHEDULE J, PART II COLUMN B III, INCLUDES SEVERANCE FOR THE FOLLOWING OFFICER: NANCY MCCLURE $ 627,101 SCHEDULE J, PART I, LINE 4B: SENIOR LEADERS OF PARK NICOLLET HEALTH SERVICES ARE GIVEN THE OPPORTUNITY TO PARTICIPATE IN THE CAPITAL ACCUMULATION ACCOUNT PLAN FOR THE FOLLOWING DIRECTORS AND OFFICERS: STEVEN M. CONNELLY, MD $ 85,691 MARK R. SANNES $ 86,051 JOSHUA O. ZIMMERMAN $ 39,729 SCHEDULE J, PART I, LINE 4B: SENIOR LEADERS OF GROUP HEALTH, INC. ARE GIVEN THE OPPORTUNITY TO PARTICIPATE IN THE NONQUALIFIED 457(F) PLAN FOR THE FOLLOWING DIRECTORS AND OFFICERS: ANDREA M. WALSH $ 315,102 MEGAN M. REMARK $ 92,354 NANCY A. EVERT $ 54,415 ALITA R. RISINGER $ 50,294 JENNIFER L. MYSTER $ 46,296 PART I, LINE 6 PARK NICOLLET HEALTH SERVICE'S (PNHS) PRESIDENT AND ITS OFFICERS ARE EMPLOYED BY EITHER GROUP HEALTH, INC. (GHI), A RELATED ORGANIZATION, OR BY PNHS. PARK NICOLLET HEALTH SERVICE'S (PNHS) PRESIDENT AND ITS OFFICERS MAY RECEIVE COMPENSATION BASED ON THE LEADERSHIP INCENTIVE PROGRAM (PROGRAM) OF GROUP HEALTH, INC., OR PARK NICOLLET HEALTH SERVICES, RELATED ORGANIZATIONS. THE PROGRAM INCENTS AND REWARDS BUSINESS LEADERS WHO HELP THE ORGANIZATION ACHIEVE STATED BUSINESS AND/OR HEALTH IMPROVEMENT GOALS FOR A SPECIFIC FISCAL YEAR. THE PROGRAM IS A KEY ELEMENT OF THE PARTICIPANT'S TOTAL COMPENSATION PACKAGE. THE PROGRAM'S INCENTIVE OPPORTUNITY IS BASED ON POSITION IN THE ORGANIZATION (E.G. EXECUTIVE OR SENIOR MEDICAL DIRECTOR, VICE PRESIDENT, CERTAIN DIRECTORS AND MANAGERS, OTHER SPECIFICALLY IDENTIFIED LEADERS) AND THE ACHIEVEMENT OF BUSINESS AND HEALTH IMPROVEMENT GOALS ESTABLISHED IN A VARIETY OF AREAS. GOALS WILL BE RELATED TO THE ORGANIZATION'S STRATEGIC PLAN AND WILL BE BALANCED. THESE AREAS MAY INCLUDE, BUT ARE NOT LIMITED TO, PATIENT SATISFACTION, EMPLOYEE SATISFACTION, WORK ENVIRONMENT, HEALTH EQUITY, HEALTHCARE AFFORDABILITY MEASURES, HEALTH PLAN AND CARE DELIVERY MARKET SHARE, STRATEGIC CAPABILITIES, HOSPITAL AND CLINIC QUALITY MEASURES, FINANCIAL PERFORMANCE (OPERATING INCOME), ETC., AND WILL BE DEFINED ANNUALLY FOR EACH YEAR'S PROGRAM. AN OPERATING INCOME THRESHOLD MUST BE MET FOR ANY PAYMENT TO BE MADE FROM THE PROGRAM AND THERE IS A CAP ON THE MAXIMUM INCENTIVE POTENTIALLY AVAILABLE TO EACH PARTICIPANT. FORM 990, SCHEDULE J PART II, COLUMN F: PRIOR REPORTED COMPENSATION COLUMN (F) INCLUDES AMOUNTS PAID TO PARTICIPANTS IN THE CURRENT YEAR, WHICH WERE PREVIOUSLY REPORTED IN COLUMN (C) OF PRIOR YEAR'S 990'S, AS RETIREMENT AND DEFERRED COMPENSATION, FOR THE FOLLOWING DIRECTORS: HEIDI CONRAD $ 704,622 NANCY L. EVERT $ 53,243 NANCY A. MCLURE $ 207,790 JENNIFER L. MYSTER $ 23,367 ANDREA M. WALSH $ 299,224 MEGAN REMARK $ 41,922 FORM 990, PART III, LINE 4A, EXEMPT PURPOSE AND ACHIEVEMENTS CORPORATE STRUCTURE, PURPOSE, GOVERNANCE PARK NICOLLET HEALTH SERVICES (PNHS) IS A MINNESOTA NONPROFIT CORPORATION RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE ("IRC") SECTION 501(C)(3) AND IS PART OF THE FAMILY OF HEALTHPARTNERS ORGANIZATIONS (HEALTHPARTNERS). FOUNDED IN 1957, HEALTHPARTNERS IS AN INTEGRATED HEALTH CARE ORGANIZATION, PROVIDING HEALTH CARE SERVICES AND HEALTH PLAN FINANCING AND ADMINISTRATION. HEALTHPARTNERS' MISSION IS TO IMPROVE HEALTH AND WELL-BEING IN PARTNERSHIP WITH OUR MEMBERS, PATIENTS, AND COMMUNITY. HEALTHPARTNERS SEEKS TO TRANSFORM HEALTH CARE THROUGH A RELENTLESS FOCUS ON THE TRIPLE AIM - PROVIDING EXCEPTIONAL EXPERIENCE FOR THE INDIVIDUAL, IMPROVING THE HEALTH OF THE POPULATION, AND MAINTAINING AFFORDABILITY. HEALTHPARTNERS, INC. (HPI) IS A MINNESOTA NONPROFIT CORPORATION AND LICENSED HEALTH MAINTENANCE ORGANIZATION (HMO) RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(4) AND IS THE PARENT ENTITY OF HEALTHPARTNERS. HEALTHPARTNERS INCLUDES AN ARRAY OF TAX-EXEMPT AND TAXABLE ORGANIZATIONS. A COMPLETE LISTING OF ALL ORGANIZATIONS WITHIN HEALTHPARTNERS, AND THE RELATIONSHIP BETWEEN THEM, CAN BE FOUND ON SCHEDULE R WITHIN THIS 990 RETURN. DETAILED INFORMATION ABOUT THE COMMUNITY BENEFIT ACTIVITIES AND ACCOMPLISHMENTS OF EACH TAX-EXEMPT ORGANIZATION CAN BE FOUND IN THE INDIVIDUAL FORM 990 RETURN FOR THAT ORGANIZATION. HPI IS THE PARENT ENTITY OF PNHS WHICH IN TURN IS THE PARENT ORGANIZATION TO AN INTEGRATED CARE SYSTEM THAT INCLUDES PARK NICOLLET METHODIST HOSPITAL (METHODIST), PARK NICOLLET CLINIC (PNC), PARK NICOLLET HEALTH CARE PRODUCTS (PNHCP), PARK NICOLLET FOUNDATION (PNF), HUTCHINSON HEALTH (HH), HEALTHPARTNERS RC (OLIVIA) AND TRIA ORTHOPEDIC CENTER, LLC (TRIA). THIS INTEGRATED CARE SYSTEM IS STAFFED BY NATIONALLY RECOGNIZED HOSPITAL AND CLINIC DOCTORS, CLINICAL PROFESSIONALS, NURSES AND OTHER TEAM MEMBERS WHO HELP PATIENTS STAY HEALTHY AND TAKE CARE OF THEM WHEN THEY ARE SICK. PATIENTS' HEALTH AND WELL-BEING IS AT THE CENTER OF PHNS'S MISSION. PNHS BELIEVES GREAT HEALTH CARE OCCURS BY COMBINING THE SCIENCE OF MEDICINE WITH THE SPIRIT AND HUMANITY OF OUR HEARTS. PNHS REFERS TO THIS AS "HEAD + HEART, TOGETHER." THAT SAYING INSPIRES CONSTANT IMPROVEMENT AND LASTING SUCCESS. AND WE DO THAT BY PARTNERING WITH PATIENTS AND FAMILIES. AT PNHS, SOME OF OUR BEST INNOVATIONS HAVE BEEN SHAPED BY INPUT FROM PATIENT AND FAMILY PARTNERSHIP COUNCILS. FROM THE REVOLUTIONARY PATIENT-FOCUSED DESIGNS OF FRAUENSHUH CANCER CENTER TO INNOVATIVE CARE MODELS AT MELROSE CENTER, PATIENTS ARE HELPING CREATE A BRIGHTER FUTURE AT PNHS. MISSION PNHS'S MISSION IS TO IMPROVE HEALTH AND WELL-BEING IN PARTNERSHIP WITH OUR MEMBERS, PATIENTS AND COMMUNITY. VISION HEALTH AS IT COULD BE, AFFORDABILITY AS IT MUST BE, THROUGH RELATIONSHIPS BUILT ON TRUST. VALUES EXCELLENCE, COMPASSION, PARTNERSHIP AND INTEGRITY PNHS IS COMMITTED TO LIVING ITS VALUES. THAT MEANS YOU CAN EXPECT CERTAIN THINGS FROM PNHS. YOU CAN EXPECT PNHS TO BE YOUR PARTNER AND TREAT YOU WITH DIGNITY AND RESPECT. YOU CAN EXPECT PNHS TO LISTEN CAREFULLY AND GIVE YOU GOOD, TIMELY INFORMATION. YOU CAN EXPECT PNHS TO DO ITS BEST TO PROVIDE AFFORDABLE, COORDINATED, HIGH-QUALITY CARE AND SERVICES THAT ARE EASY TO FIND AND SIMPLE TO USE. YOU CAN EXPECT SAFE, CLEAN SPACES. PNHS WILL DO ITS VERY BEST TO EARN YOUR TRUST BY BEING OPEN AND HONEST, AND KEEPING OUR WORD. TRIA IS A DISREGARDED ENTITY OF PNHS. TRIA'S MISSION IS TO PROVIDE ITS PATIENTS AND COMMUNITY WITH EXCEPTIONAL AND INNOVATIVE ORTHOPEDIC AND SPORTS MEDICINE CARE ADVANCED BY RESEARCH AND EDUCATION. TRIA'S VISION IS TO BE RECOGNIZED NATIONALLY FOR DRIVING INNOVATION AND DISCOVERIES WITH A FOCUS ON PROVIDING AN UNPARALLELED PATIENT EXPERIENCE, ACHIEVING LEADING CLINICAL OUTCOMES VIA EXPERT TEAMS, AND DELIVERING THE HIGHEST VALUE FOR SERVICES. TRIA'S CORE BELIEFS INCLUDE: PATIENTS: PATIENTS COME FIRST. PEOPLE: PEOPLE ARE OUR GREATEST STRENGTH. INNOVATION: THRIVE ON CHALLENGES, NEW ENDEAVORS, CREATIVE SOLUTIONS AND EMBRACE CHANGE. RESEARCH: RESEARCH IS FUNDAMENTAL TO IMPROVING PATIENT CARE. EDUCATION: EDUCATION ENHANCES PROFESSION AND PATIENT CARE. COMMUNITY: GOOD NEIGHBOR AND BUILD STRONG RELATIONSHIPS TO SUPPORT GROWTH AND ENHANCE VALUE. GROWTH: PROFITABLE GROWTH SUPPORTS TRIA'S MISSION AND HELPS ATTAIN ITS VISION. ONE OF TRIA'S CORE VALUES IS: COMMUNITY: TRIA WILL BE A GOOD NEIGHBOR AND BUILD STRONG RELATIONSHIPS TO SUPPORT GROWTH AND ENHANCE VALUE. RESEARCH & EDUCATION TRIA CONTINUES TO LEAD THE WAY IN OUTCOMES MEASUREMENT. PATIENTS COMPLETE PRE- AND POST- INTERVENTION SURVEYS TO ASSESS FUNCTIONAL AND PAIN OUTCOMES. A DAY IN THE LIFE OF AN ORTHOPEDIC SPECIALIST IS A DAY VISIT PROGRAM WHERE GUESTS CAN EXPERIENCE A TYPICAL ROUTINE OF AN ORTHOPEDIC SPECIALIST. THE PROGRAM OBJECTIVE IS TO GAIN A GENERAL INTRODUCTION TO TRIA ORTHOPEDIC CENTER AND THE ORTHOPEDIC PROFESSION, BECOME ACQUAINTED WITH THE SPECIFIC ROLES OF DIFFERENT ORTHOPEDIC SPECIALISTS, ALLOWING FOR FUTURE OPPORTUNITIES TO DIRECTLY OBSERVE A SPECIALIST IN A CLINICAL OR AMBULATORY ENVIRONMENT, AND TO OBTAIN A CLEAR UNDERSTANDING OF THE REQUIREMENTS AND EDUCATION NEEDED TO PURSUE A CAREER IN VARIOUS ORTHOPEDIC CAREERS, INTRODUCTION TO AVAILABLE RESOURCES AND HOW TO UTILIZE THEM. PRIMARY AREAS OF FOCUS INCLUDE PHYSICAL THERAPY, PHYSICIAN ASSISTANT, ORTHOPEDIC SURGEON, MEDICAL SCHOOL, RESIDENCY, AND FELLOWSHIP. DURING THE TRIA EXPERIENCE, PARTICIPANTS HEAR ABOUT TRIA'S PHILOSOPHY ON PATIENT CENTERED CARE, LEARN ABOUT A FEW OF OUR UNIQUE PROGRAMS, AND VIEW A PREVIOUSLY RECORDED ACL RECONSTRUCTION. TRIA'S EDUCATION COORDINATOR WORKS WITH PARTICIPANTS TO SCHEDULE A FOUR-HOUR OBSERVATION WITHIN THREE MONTHS OF THE PROGRAM. IN 2024, CONTINUED THE VIRTUAL OFFERING OF THIS PROGRAM. AT TRIA, WE BALANCE MEASURING PATIENT OUTCOMES, WHICH CAN BE CONSIDERED SMALL CONTINUOUS IMPROVEMENTS, WITH INNOVATIVE RESEARCH STUDIES, WHICH ARE THOSE GRAND ADVANCEMENTS IN ORTHOPEDIC CARE. THESE RESEARCH STUDIES EXPLORE THE LATEST IN MEDICAL DEVICES, INSTRUMENTS, IMPLANTS, METHODS AND PROCEDURES. FORM 990, PART VI, SECTION A, LINE 6 HEALTHPARTNERS, INC IS THE SOLE MEMBER OF PNHS. FORM 990, PART VI, SECTION A, LINE 7A THE PERSONS WHO SERVE AS THE BOARD OF DIRECTORS OF HEALTHPARTNERS, INC. ALSO SERVE AS THE BOARD OF DIRECTORS OF PNHS. HEALTHPARTNERS, INC. IS A MINNESOTA LICENSED HEALTH MAINTENANCE ORGANIZATION THAT HAS ONE CLASS OF MEMBERS WITH VOTING RIGHTS. THE MEMBERS OF HEALTHPARTNERS, INC. ELECT 11 MEMBERS OF THE HEALTHPARTNERS, INC. BOARD. FORM 990, PART VI, SECTION A, LINE 7B PNHS' BYLAWS ESTABLISH THAT THE PERSONS SERVING AS THE BOARD OF DIRECTORS OF THE SOLE MEMBER, ALSO SERVE AS THE BOARD OF DIRECTORS OF PNHS. IN THE EVENT THAT THE PNHS BOARD OF DIRECTORS WERE EVER COMPOSED OF PERSONS WHO ARE NOT ALSO CONTEMPORANEOUSLY SERVING AS THE DIRECTORS OF THE SOLE MEMBER, THEN THE SOLE MEMBER WOULD EXERCISE CUSTOMARY RESERVE POWERS WITH RESPECT TO THE PNHS BOARD OF DIRECTORS (E.G. APPROVAL OF BUDGETS, APPROVAL OF MERGER, APPROVAL OF APPOINTMENT OF THE CHIEF EXECUTIVE OFFICER, APPROVAL OF DISSOLUTION, ETC.). FORM 990, PART VI, SECTION B, LINE 11B PNHS PREPARES THE FORM 990 WITHIN THE FINANCE DEPARTMENT WITH ASSISTANCE FROM INDIVIDUALS IN HUMAN RESOURCES, MARKETING, AND OPERATIONS. UPON COMPLETION OF GATHERING THE NECESSARY INFORMATION FOR THE RETURN, THE FORM WAS COMPILED AND DRAFTS WERE REVIEWED BY THE DIRECTOR OF FINANCIAL REPORTING, VICE PRESIDENT OF FINANCE, CHIEF FINANCIAL OFFICER, THE LAW DEPARTMENT, THE AUDIT AND COMPLIANCE COMMITTEE AND PARK NICOLLET'S ACCOUNTING FIRM. AFTER ALL REVIEWS WERE COMPLETE; THE FORM 990 WAS GIVEN TO EACH MEMBER OF THE BOARD OF DIRECTORS PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE PNHS BOARD MONITORS POTENTIAL CONFLICTS OF INTEREST ON THE PART OF ITS BOARD MEMBERS, PRINCIPAL OFFICERS, MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS, AND KEY EMPLOYEES ("COVERED PERSONS") BY MAINTAINING A CONFLICT OF INTEREST POLICY. UNDER THE POLICY, COVERED PERSONS ANNUALLY ARE PROVIDED WITH A COPY OF THE POLICY AND ASKED TO COMPLETE A QUESTIONNAIRE IDENTIFYING ANY POTENTIAL CONFLICTS OF INTERESTS. THE GENERAL COUNSEL OF HEALTHPARTNERS REVIEWS THE QUESTIONNAIRE RESPONSES AND DEVELOPS A REPORT DETAILING ANY POTENTIALLY MATERIAL CONFLICTS FOR THE PRESIDENT AND CHAIR OF THE BOARD. A VERBAL SUMMARY IS ALSO GIVEN TO THE FULL BOARD OR APPROPRIATE COMMITTEE ENDING WITH A REMINDER TO COVERED PERSONS OF THE POLICY'S MANDATE THAT EACH PERSON IS OBLIGATED TO DISCLOSE ANY NEW POTENTIAL CONFLICTS AS THEY MAY ARISE THROUGHOUT THE YEAR. BOARD AGENDAS AND EXECUTIVE DECISIONS ARE MONITORED IN RELATION TO THIS POLICY. IF A DISCLOSED CONFLICT OF INTEREST IMPACTS AN AGENDA ITEM OR DECISION, THE COVERED PERSON WOULD BE EXCLUDED FROM VOTING AND MAY BE EXCLUDED FROM RECEIVING INFORMATION AND/OR PARTICIPATING IN DELIBERATIONS, DEPENDING ON THE CIRCUMSTANCES. FORM 990, PART VI, SECTION B, LINE 15 PNHS PRESIDENT AND ITS OFFICERS ARE EMPLOYED BY EITHER GROUP HEALTH, INC. (GHI), A RELATED ORGANIZATION, OR BY PNHS. GHI AND PNHS HAVE AN ANNUAL PROCESS TO REVIEW THE MARKET COMPARABILITY OF THE TOTAL COMPENSATION OF THE PNHS'S PRESIDENT AND OTHER OFFICERS. EVERY THREE YEARS, THE INDEPENDENT COMPENSATION COMMITTEE OF THE GHI BOARD OF DIRECTORS (THE "COMMITTEE"), RETAINS AN EXTERNAL COMPENSATION EXPERT TO CONDUCT AN EXTENSIVE MARKET COMPARABILITY REVIEW FOR ALL OFFICERS OF THE ORGANIZATION. THE REVIEW INCLUDES ALL COMPONENTS OF TOTAL COMPENSATION: BASE SALARY, ANNUAL INCENTIVES, BENEFITS AND PERQUISITES. THE MARKET SURVEY RESULTS ARE PRESENTED TO, REVIEWED BY AND APPROVED BY THE APPROPRIATE COMMITTEE. BASED ON THIS DATA, THE COMPENSATION COMMITTEE OF GHI (THE "COMMITTEES") DETERMINE MINIMUM AND MAXIMUM TOTAL COMPENSATION RANGES FOR EACH EMPLOYED OFFICER. IN INTERIM YEARS, GHI'S HUMAN RESOURCES STAFF, UNDER THE COMMITTEES' DIRECTION, UPDATES CHANGES IN THE SALARY STRUCTURE BASED ON THE SAME INDEPENDENT STUDIES PERFORMED BY THE COMPENSATION CONSULTANT FOR THE COMMITTEE. FOR CERTAIN POSITIONS FULL INDEPENDENT REVIEWS ARE PERFORMED TO SET SALARY RANGES BASED ON THE COMPETITIVE MARKET DATA SPECIFIC TO THOSE POSITIONS. THE COMMITTEE REVIEWS AND APPROVES EACH YEAR'S COMPENSATION RESULTS. IN ALL CASES, COMMITTEE MEMBERS COMPLETE AN ANNUAL CONFLICT OF INTEREST SURVEY TO ASSURE THE COMPENSATION COMMITTEE MEMBERS' INDEPENDENCE AND THIS IS UPDATED AT ANY MEETING AT WHICH DECISIONS ARE BEING MADE. STAFF (OTHER THAN THE SECRETARY TO THE BOARD) IS NOT IN THE ROOM DURING DELIBERATIONS OR VOTE INCLUDING EXECUTIVE SESSIONS, AND CONTEMPORANEOUS MINUTES ARE KEPT. THE BOARD HAS DELEGATED TO THE EXECUTIVE COMMITTEE THE ACCOUNTABILITY TO CONDUCT AN ANNUAL PERFORMANCE EVALUATION AND TO DETERMINE THE COMPENSATION OF THE CEO BASED ON THE PERFORMANCE REVIEW AND THE MARKET COMPARABILITY DATA APPROVED BY THE COMPENSATION COMMITTEE. THE BOARD HAS DELEGATED TO THE PNHS PRESIDENT (WITH AUTHORITY TO FURTHER DELEGATE TO EXECUTIVES WITH LEADERSHIP ROLES OF PARK NICOLLET OFFICERS) THE ACCOUNTABILITY TO CONDUCT ANNUAL PERFORMANCE REVIEWS AND DETERMINE THE COMPENSATION OF ALL PNHS-EMPLOYED OFFICERS WITHIN THE COMPENSATION RANGES DETERMINED BY THE COMMITTEE. ANY EXCEPTIONS IN EXCESS OF THE APPROVED RANGES NEED TO BE APPROVED BY THE EXECUTIVE COMMITTEE. TOTAL COMPENSATION IS APPROPRIATELY DOCUMENTED ON THE FORM 990 AND ON THE EMPLOYEE'S W-2 FORM 990, PART VI, SECTION C, LINE 19 PNHS FINANCIAL STATEMENTS AND 990 RETURNS ARE MADE AVAILABLE TO ANY PERSONS WHO REQUESTS THE INFORMATION FROM PNHS. PNHS'S ARTICLES OF INCORPORATION ARE AVAILABLE BY ANYONE WHO REQUEST THEM OR THROUGH THE MINNESOTA SECRETARY OF STATE'S OFFICE. THE FORMS 990 ARE AVAILABLE UPON REQUEST OR FROM THE STATE OF MINNESOTA OR AT GUIDESTAR.ORG. FORM 990, PART XI, LINE 9: POST RETIREMENT OBLIGATION 180,483. DEFERRED COMPENSATION TRUST 6500 EXCELSIOR BLVD ST LOUIS PARK MN 55426 411809020 INVESTMENTS MN 12286 976236 PARK NICOLLET HEALTH SERVICES TRIA ORTHOPEDIC CENTER LLC 8100 NORTHLAND DRIVE BLOOMINGTON MN 55431 200034003 HEALTH CARE MN PARK NICOLLET HEALTH SERVICES HEALTHPARTNERS INC 8170 33RD AVE S PO BOX 1309 MPLS MN 554401309 411693838 HYBRID STAFF MODEL/NETWORK MODEL HEALTH MAINTENANCE ORGANIZATION MN 501(C)(4) N/A 0 GROUP HEALTH INC 8170 33RD AVE S PO BOX 1309 MPLS MN 554401309 410797853 CLINIC SERVICES MN 501(C)(3) 170(B)(1) (A)(III) HEALTHPARTNERS INC 0 HEALTHPARTNERS INSTITUTE 8170 33RD AVE S PO BOX 1309 MPLS MN 554401309 411670163 HEALTHCARE EDUCATION AND RESEARCH MN 501(C)(3) 509(A)(3) TYPE I HEALTHPARTNERS INC 0 CAPITOL VIEW TRANSITIONAL CARE CENTER 8170 33RD AVE S PO BOX 1309 MPLS MN 554401309 412011453 TRANSITIONAL CARE SERVICES, STEP DOWN FROM INPATIENT HOSPITAL MN 501(C)(3) 170(B)(1) (A)(III) GROUP HEALTH INC 0 REGIONS HOSPITAL 8170 33RD AVE S PO BOX 1309 MPLS MN 554401309 410956618 HOSPITAL MN 501(C)(3) 170(B)(1) (A)(III) GROUP HEALTH INC 0 REGIONS HOSPITAL FOUNDATION 8170 33RD AVE S PO BOX 1309 MPLS MN 554401309 411888902 PROVIDE SUPPORT TO HOSPITAL AND COMMUNITY HEALTH MN 501(C)(3) 170(B)(1) (A)(VI) GROUP HEALTH INC 0 RHSC INC 8170 33RD AVE S PO BOX 1309 MPLS MN 554401309 411891928 HEALTHCARE STAFFING AND INTENSE REHAB SERVICES MN 501(C)(3) 509(A)(3) TYPE II HEALTHPARTNERS INC 0 HUDSON HOSPITAL INC 8170 33RD AVE S PO BOX 1309 MPLS MN 554401309 390804125 HOSPITAL WI 501(C)(3) 170(B)(1) (A)(III) GROUP HEALTH INC 0 HUDSON HOSPITAL FOUNDATION INC 8170 33RD AVE S PO BOX 1309 MPLS MN 554401309 391279567 PROVIDE SUPPORT TO HOSPITAL AND COMMUNITY HEALTH WI 501(C)(3) 170(B)(1) (A)(VI) HUDSON HOSPITAL INC 0 LAKEVIEW HEALTH FOUNDATION 8170 33RD AVE S PO BOX 1309 MPLS MN 554401309 411386635 PROVIDE SUPPORT TO HOSPITAL AND COMMUNITY HEALTH MN 501(C)(3) 170(B)(1) (A)(VI) LAKEVIEW HEALTH 0 LAKEVIEW MEMORIAL HOSPITAL ASSOCIATION INC 8170 33RD AVE S PO BOX 1309 MPLS MN 554401309 410811697 HOSPITAL MN 501(C)(3) 170(B)(1) (A)(III) LAKEVIEW HEALTH 0 STILLWATER MEDICAL GROUP 8170 33RD AVE S PO BOX 1309 MPLS MN 554401309 830379473 CLINIC STAFF AND FACILITIES MN 501(C)(3) 509(A)(3) TYPE I LAKEVIEW HEALTH 0 LAKEVIEW HEALTH 8170 33RD AVE S PO BOX 1309 MPLS MN 554401309 300221189 CORPORATE PLANNING AND OVERSIGHT MN 501(C)(3) 509(A)(3) TYPE II GROUP HEALTH INC 0 WESTFIELDS HOSPITAL INC 8170 33RD AVE S PO BOX 1309 MPLS MN 554401309 390808442 HOSPITAL WI 501(C)(3) 170(B)(1) (A)(III) GROUP HEALTH INC 0 WESTFIELDS HOSPITAL FOUNDATION INC 8170 33RD AVE S PO BOX 1309 MPLS MN 554401309 391770913 PROVIDE SUPPORT TO HOSPITAL AND COMMUNITY HEALTH WI 501(C)(3) 170(B)(1) (A)(VI) WESTFIELDS HOSPITAL INC 0 PARK NICOLLET FOUNDATION 6500 EXCELSIOR BLVD ST LOUIS PARK MN 55426 237346465 SUPPORT TO RELATED ENTITIES AND COMMUNITY HEALTH MN 501(C)(3) 170(B)(1) (A)(VI) PARK NICOLLET HEALTH SERVICES 1 PARK NICOLLET METHODIST HOSPITAL 6500 EXCELSIOR BLVD ST LOUIS PARK MN 55426 410132080 HOSPITAL MN 501(C)(3) 170(B)(1) (A)(III) PARK NICOLLET HEALTH SERVICES 1 PARK NICOLLET HEALTH CARE PRODUCTS 6500 EXCELSIOR BLVD ST LOUIS PARK MN 55426 010638901 DURABLE MEDICAL EQUIPMENT AND OTHER HEALTH CARE RETAIL SALES MN 501(C)(3) 509(A)(3) TYPE I PARK NICOLLET HEALTH SERVICES 1 PARK NICOLLET CLINIC 6500 EXCELSIOR BLVD ST LOUIS PARK MN 55426 410834920 CLINIC SERVICES MN 501(C)(3) 170(B)(1) (A)(III) PARK NICOLLET HEALTH SERVICES 1 PNMC HOLDINGS 6500 EXCELSIOR BLVD ST LOUIS PARK MN 55426 411741792 HEALTHCARE REAL ESTATE MN 501(C)(3) 509(A)(3) TYPE I PARK NICOLLET HEALTH SERVICES 1 AMERY REGIONAL MEDICAL CENTER INC 8170 33RD AVE S PO BOX 1309 MPLS MN 554401309 390908320 HOSPITAL WI 501(C)(3) 170(B)(1) (A)(III) GROUP HEALTH INC 0 AMERY REGIONAL MEDICAL CENTER FOUNDATION INC 8170 33RD AVE S PO BOX 1309 MPLS MN 554401309 391726539 PROVIDE SUPPORT TO HOSPITAL AND COMMUNITY HEALTH WI 501(C)(3) 170(B)(1) (A)(VI) AMERY REGIONAL MEDICAL CENTER INC 0 HUTCHINSON HEALTH 8170 33RD AVE S PO BOX 1309 MPLS MN 554401309 841715908 HOSPITAL MN 501(C)(3) 170(B)(1) (A)(III) PARK NICOLLET HEALTH SERVICES 1 HUTCHINSON HEALTH FOUNDATION 8170 33RD AVE S PO BOX 1309 MPLS MN 554401309 363317820 PROVIDE SUPPORT TO HOSPITAL MN 501(C)(3) 170(B)(1) (A)(VI) HUTCHINSON HEALTH 0 HEALTHPARTNERS RC 8170 33RD AVE S PO BOX 1309 MPLS MN 554401309 844261122 HOSPITAL MN 501(C)(3) 170(B)(1)(A)(III) PARK NICOLLET HEALTH SERVICES 1 OLIVIA HOSPITAL & CLINIC FOUNDATION 8170 33RD AVE S PO BOX 1309 MPLS MN 554401309 411839619 PROVIDE SUPPORT TO HOSPITAL MN 501(C)(3) 509(A)(3) TYPE I HEALTHPARTNERS RC 0 HEALTHPARTNERS ADMINISTRATORS INC 8170 33RD AVE S PO BOX 1309 MPLS MN 554401309 411629390 THIRD PARTY ADMINISTRATOR MN HEALTHPARTNERS INC C 0 HEALTHPARTNERS ASSOCIATES INC 8170 33RD AVE S PO BOX 1309 MPLS MN 554401309 522365151 MEDICAL CLINIC STAFFING AND ASSET MANAGEMENT MN HEALTHPARTNERS ADMINISTRATORS INC C 0 HEALTHPARTNERS SERVICES INC 8170 33RD AVE S PO BOX 1309 MPLS MN 554401309 411683568 MEDICAL CLINIC STAFFING AND ASSET MANAGEMENT MN HEALTHPARTNERS ADMINISTRATORS INC C 0 HEALTHPARTNERS INSURANCE COMPANY 8170 33RD AVE S PO BOX 1309 MPLS MN 554401309 411683523 MEDICAL AND DENTAL INSURANCE MN HEALTHPARTNERS ADMINISTRATORS INC C 0 DENTAL SPECIALITIES INC 8170 33RD AVE S PO BOX 1309 MPLS MN 554401309 451297583 PROFESSIONAL DENAL SERVICES MN HEALTHPARTNERS ADMINISTRATORS INC C 0 0 1 1 0 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 PARK NICOLLET HEALTH CARE PRODUCTS L 243560 COST PARK NICOLLET METHODIST HOSPITAL L 7849509 COST PARK NICOLLET CLINIC L 10719996 COST TRIA ORTHOPEDIC CENTER LLC L 1590734 COST PARK NICOLLET HEALTH SERVICES 6500 EXCELSIOR BOULVARD ST LOUIS PARK MN 55426 363465840 X 0 0 0 192183282 192183282 1000000 250000 0 0 0 PARK NICOLLET METHODIST HOSPITAL 6500 EXCELSIOR BOULVARD ST LOUIS PARK MN 55426 410132080 0 39874 39874 815633992 815673866 1000000 250000 0 0 0 PARK NICOLLET CLINIC 3800 PARK NICOLLET BLVD ST LOUIS PARK MN 55416 410834920 0 0 0 1142670680 1142670680 1000000 250000 0 0 0 PARK NICOLLET HEALTH CARE PRODUCTS 3800 PARK NICOLLET BLVD ST LOUIS PARK MN 55416 010638901 0 0 0 32832697 32832697 1000000 250000 0 0 0 PNMC HOLDINGS 3800 PARK NICOLLET BLVD ST LOUIS PARK MN 55416 411741792 0 0 0 0 0 0 0 0 0 0