2025-11-14T10:28:59+00:00 2024-12-31 346565596 ERNST & YOUNG US LLP 55 IVAN ALLEN JR BOULEVARD ATLANTA GA 30308 990EZ 2024-08-19 994621196 PRISMA HEALTH EASTERN TENNESSEE PRIS 8647977805 300 EAST MCBEE AVENUE SUITE 500 GREENVILLE SC 29601 MATTHEW ELSEY EVP, Chief Financial Officer 8647977805 2025-11-14 true true Aerrial M Orr P01598400 4048748300 2025-11-07 2024 2025-03-06 01:10:19Z X X X X X 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 0 0 0 0 0 0 0 0 0 0 0 0 X PHET was formed to be a supporting organization to BMH, a related tax-exempt organization. Prisma Health Eastern Tennessee (PHET) was legally formed on 8/19/2024 and did not have any operational activity during the short year period covered by this return. 0 0 0 Mark S O'Halla Director/Chair (to 11/30/24), Ex-Officio Dir. 1.000 0 0 0 Chris Flynn DIRECTOR/Chair (from 12/1/24) 1.000 0 0 0 Matthew Haralson DIRECTOR/CO-Vice Chair (from 12/1/24) 1.000 0 0 0 Amber Krupacs DIRECTOR/Co-Vice Chair (from 12/1/24) 1.000 0 0 0 CLARENCE SEVILLIAN DIRECTOR/VICE CHAIR (to 11/30/24) 1.000 0 0 0 Matthew ELSEY Director/Treas. (to 11/30/24), EVP CFO 1.000 0 0 0 ALEXANDER GLADNEY DIRECTOR/SECRETARY (to 11/30/24) 1.000 0 0 0 Susanne Davis DIRECTOR (FROM 12/1/24) 1.000 0 0 0 Bob Ramsey DIRECTOR (FROM 12/1/24) 1.000 0 0 0 Christi Sayles DIRECTOR (FROM 12/1/24) 1.000 0 0 0 Keri Prigmore EdD DIRECTOR (FROM 12/1/24) 1.000 0 0 0 Jonathan Smith Secretary (FROM 12/1/24) 1.000 0 0 0 false false false false false false false 0 0 0 0 false false TN PRISMA HEALTH 300 EAST MCBEE AVENUE SUITE 500 GREENVILLE SC 29601 8647977805 false false false false false true false false false false false 0 true X X X 1 Prisma Health - Blount Memorial Hospital Inc 620505512 3 true 0 0 1 0 0 true false false false false false false false false false false false false false false false true true X true true Schedule A, Part IV, Section E, Line 1a Activity during the year PHET was legally formed on 8/19/2024 and did not have any operational activity during the short year period covered by this return. Schedule A, Part IV, Section D, Line 3 Supp. Org. Have Significant Voice In Investment Policies Mark O'Halla serves on both the PHET and Prisma Health-Blount Memorial Hospital (BMH) Boards; therefore, BMH is able to provide significant voice in PHET investment policies and in directing income or assets of PHET. Schedule A, Part IV, Section E, Line 3a Organization have the power to regularly appoint or elect a PHET has the authority to appoint all the directors of BMH per Section 3.3 of BMH's Bylaws. Schedule A, Part IV, Section E, Line 3b Substantial Direction Over Policies/Programs/Activities PHET exercises a substantial degree of direction over the policies, programs and activities of its supported organization, BMH. PHET possesses certain "reserved powers" over its supported organization, BMH. Those reserved powers which PHET holds with respect to BMH effectively enable PHET to direct and otherwise control the significant policies, programs and activities of BMH to ensure that BMH carries out its charitable, educational and scientific tax-exempt purposes. The reserved powers PHET exercises over BMH include the following: 1. approve any amendment or change to the Charter of BMH or any partnership, limited liability company, corporation, joint venture, trust, business trust, cooperative or other association or any other entity directly or indirectly controlled by or under common control with BMH (the "Affiliates"); 2. approve any amendment or change to, or the repeal of, the bylaws of BMH or an Affiliate; 3. initiate any merger or consolidation, or the dissolution, conversion, or liquidation of (including any bankruptcy filing or insolvency proceeding by) BMH or an Affiliate; 4. appoint or remove the Directors, with or without cause; 5. initiate the establishment of any new material academic affiliation by BMH or an Affiliate; 6. initiate the participation, directly or indirectly, in any joint venture or joint enterprise with one or more third parties, or approve the participation, directly or indirectly, in such a transaction to the extent it may fall outside the parameters for entry into such transactions established by the Member; 7. in consultation with BMH, develop the operating and capital budgets and forecasts applicable to BMH, and monitor the status of, and hold it accountable for its performance relative to, its budget or forecast, as applicable; 8. in consultation with BMH, develop the strategic, financial, capital, and operating plans applicable to BMH and monitor the status of, and hold it accountable for its performance relative to, its strategic, financial, capital, and operating plans; 9. exercise oversight over management of and policies with respect to, and initiate the sale, lease, acquisition, exchange, transfer, conveyance, or other disposition of any assets, or any transaction having a substantively similar effect on, or placement of any lien on, the real or personal property assets (or any interest therein) of BMH or any Affiliate; 10. approve the participation, directly or indirectly, by BMH in any sale, lease, 11. acquisition, exchange, transfer, conveyance, or other disposition of any assets, or any transaction having a substantively similar effect, or placement of any lien on any asset, to the extent such transaction may fall outside the parameters for entry into such transactions without the prior approval of; 12. initiate the incurrence of any indebtedness, any operating or capital expenditure, or any investment in (including any loan to) any third party, by BMH, in each case to the extent the same is not included in an approved budget or forecast or other action taken by the Member applicable to BMH; 13. cause or direct the payment, loan or transfer to the Member of such funds, and in such amounts, as the Member shall determine from time to time, from BMH; 14. authorization and approval of the closure, sale or other disposition of any hospital program or service line generating net patient service revenue (excluding bad debt and charity care) in excess of One Million Dollars ($1,000,000); 15. authorization and approval of the allocation of overhead among BMH system (including BMH and the Affiliates) and the transfer of funds to pay for the same; 16. oversight with respect to the preparation and implementation of, and approval of, all financial statements related to BMH system (including BMH and the Affiliates), the development of system-wide accounting controls, protocols and financial policies and procedures, and the selection of auditors; and 17. to the extent not expressly set forth above, direct or require that BMH take any other lawful acts or actions with respect to such entity's business, affairs, management, properties, or activities as the Member shall determine from time to time. PHET did not have substantial operations during this applicable short-year tax filing period, but PHET will exercise its reserved powers to effect its substantial degree of direction over the policies, programs and activities of BMH moving forward. Form 990-EZ, Part III, Exempt Purpose PRIMARY EXEMPT PURPOSE PHET was formed to be a supporting organization to BMH, a related tax-exempt organization. Form 990EZ Activity during the year PHET was legally formed on 8/19/2024 and did not have any operational activity during the short year period covered by this return.