Covenant Health Network Inc

COVENANT HEALTH NETWORK, INC. WAS FORMED TO FACILITATE THE AFFILIATION BETWEEN ST. JOSEPH HEALTH SYSTEM (SJHS) AND HOAG HEALTH NETWORK (HOAG). THE BOARD SHALL BE RESPONSIBLE FOR PROVIDING STRATEGIC PLANNING, LEADERSHIP, AND OVERSIGHT FOR THE REGION, INCLUDING THE FOLLOWING ACTIVITIES, BUT SUBJECT IN ALL INSTANCES TO SUCH POWERS AND RIGHTS OF APPROVAL RESERVED TO HOAG, SJHS, ST. JOSEPH HEALTH MINISTRY (SJHM) OR ANY OF THE SJHS SOUTHERN CALIFORNIA HOSPITALS:1 - OVERSEE THE CHARITABLE MISSION OF THE CORPORATION;2 - DEVELOP AND OVERSEE IMPLEMENTATION OF STRATEGY FOR THE REGION, INCLUDING A POPULATION HEALTH STRATEGY FOR THE REGION;3 - COLLABORATE WITH HOSPITALS, PHYSICIANS, AND OTHER STAKEHOLDERS THROUGHOUT THE REGION TO ACCOMPLISH STRATEGIC OBJECTIVES;4 - ASSESS MAJOR OPPORTUNITIES AND RISKS FACING THE REGION AND IDENTIFY OPTIONS AND RECOMMEND STRATEGIES TO CAPITALIZE ON SUCH OPPORTUNITIES AND MINIMIZE SUCH RISKS;5 - ENSURE REGION PERFORMANCE METRICS ARE IN PLACE AND OVERSEE ONGOING PERFORMANCE RELATIVE TO SUCH METRICS; AND6 - EXERCISE SUCH RESERVED POWERS AND OTHER RIGHTS AS THE CORPORATION MAY HOLD AS A MEMBER OR CO-MEMBER, PARTNER OR SHAREHOLDER OF ANY OTHER ENTITY, AS SPECIFIED IN THE GOVERNANCE MATRIX OR IN THE ARTICLES OF INCORPORATION, BYLAWS OR OTHER GOVERNING DOCUMENTS OF SUCH OTHER ENTITY. THE BOARD HOLDS REGULAR BOARD MEETINGS OVERSEEING THE IMPLEMENTATION OF THE STRATEGIC PLAN IN ACCORDANCE WITH REQUIREMENTS INSTITUTED BY THE CALIFORNIA ATTORNEY GENERAL IN CONNECTION WITH THE SJHS AND HOAG AFFILIATION. THE ORGANIZATION MAY HAVE OPERATIONS IN THE FUTURE INCLUDING POPULATION HEALTH MANAGEMENT AND HEALTH AND WELLNESS.