Programs

  • Community Healthcare Operations

    EFFECTIVE MAY 1, 2015, THE AUTHORITY UNDERTOOK A CORPORATE RESTRUCTURING AND EXECUTED A LEASE AND TRANSFER AGREEMENT WITH SOUTHEAST GEORGIA HEALTH SYSTEM, INC. (THE SYSTEM), A GEORGIA NOT-FOR-PROFIT CORPORATION, (FORMERLY KINGS BAY COMMUNITY HOSPITAL, INC. 58-1911751), WICH ASSUMED SUBSTANTIALLY ALL OF THE OPERATIONS, ASSETS, AND LIABILITIES OF THE AUTHORITY AND AGEED TO OPERATE THE FACILITIES THEREOF AS A COMMUNITY HEALTHCARE PROVIDER AND TO PERFORM AND ABIDE BY ALL COVENANTS, AGREEMENTS, AND RESTRICTIONS THEREOF FOR AN INITIAL PERIOD OF FORTY YEARS. UNDER THE AGREEMENT, THE SYSTEM MAKES NOMINAL LEASE PAYMENTS TO THE AUTHORITY PLUS AMOUNTS SUFFICIENT TO MAKE DEBT SERVICE PAYMENTS ON AUTHORITY CONDUIT DEBT OBLIGATIONS AS THEY COME DUE AND ASSUMES ALL OPERATIONAL, FINANCIAL, INDIGENT CARE, AND COMMUNITY RESPONSIBILITIES. IN CONNECTION WITH THE RESTRUCTURING, THE AUTHORITY AND THE SYSTEM ENTERED INTO AN EMPLOYEE LEASE AGREEMENT WHEREBY THE AUTHORITY LEASED ALL OF ITS EMPLOYEES TO THE SYSTEM FROM MAY 1, 2015 THROUGH DECEMBER 31, 2015, AT COST. ALL LEASED AUTHORITY EMPLOYEES WERE CONVERTED TO THE SYSTEM EMPLOYMENT EFFECTIVE JANUARY 1, 2016.IN ADDITION TO LEASE PAYMENTS, THE ORGANIZATION ASSISTS WITH FLOW-THROUGH PAYMENTS RELATED TO UPL AND DSH . THE FINANCIAL TRANSACTIONS REPORTED ON THE RETURN RELATE TO UPL AND DSH.
    Geographies
    Not indicated
    Dates
    May 1, 2022 – Apr 30, 2023
    Source
    990
    No causes provided
    No populations provided
    –
    $6.1M

  • Program 1 [2025]

    Effective May 1, 2015, the Authority undertook a corporate restructuring and executed a lease and transfer agreement with Southeast Georgia Health System, Inc. (the System), a Georgia not-for-profit corporation, (formerly Kings Bay Community Hospital, Inc. 58-1911751), which assumed substantially all of the operations, assets, and liabilities of the Authority and agreed to operate the facilities thereof as a community healthcare provider and to perform and abide by all covenants, agreements, and restrictions thereof for an initial period of forty years. Under the agreement, the System makes nominal lease payments to the authority plus amounts sufficient to make debt service payments on Authority conduit debt obligations as they come due and assumes all operational, financial, indigent care, and community responsibilities. In connection with the restructuring, the Authority and the System entered into an employee lease agreement whereby the Authority leased all of its employees to the System from May 1, 2015 through December 31, 2015, at cost. All leased Authority employees were converted to the System employment effective January 1, 2016. In addition to lease payments, the Organization assists with flow-through payments related to UPL, DPP and DSH . The financial transactions reported on the return relate to UPL, DPP and DSH.
    Geographies
    Not indicated
    Dates
    May 1, 2024 – Apr 30, 2025
    Source
    990
    No causes provided
    No populations provided
    –
    $14.6M