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Cleveland Clinic Health System Obligated Group - FMSbonds.com

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<strong>Cleveland</strong> <strong>Clinic</strong>’s main campus that are either undeveloped or have structures on them that the <strong>Cleveland</strong> <strong>Clinic</strong>expects to raze or that otherwise meet the Master Trust Indenture requirements for exclusion. In addition, the<strong>Cleveland</strong> <strong>Clinic</strong> may, in the future, designate other properties as Excluded Properties, whether those properties arecurrently owned or are acquired in the future. In order to do so without the consent of any of the holders of MasterNotes, the property to be added to the list must meet certain requirements regarding either its value or itssignificance to the operational activities of the <strong>Obligated</strong> <strong>Group</strong>. See “APPENDIX C – SUMMARY OF BASICDOCUMENTS – THE MASTER TRUST INDENTURE – Excluded Property.”B. OHIO REGIONAL HOSPITALSHospital FacilitiesThe <strong>Cleveland</strong> <strong>Clinic</strong> controls indirectly nine freestanding hospital facilities in northeast Ohio: Children’sHospital, Euclid, Fairview, Hillcrest, Huron, Lakewood, Lutheran, Marymount and South Pointe Hospitals.Lakewood Hospital is leased and operated by Lakewood, which is not a member of the <strong>Obligated</strong> <strong>Group</strong>; Children’sHospital is operated by the <strong>Cleveland</strong> <strong>Clinic</strong>, but is not a member of the <strong>Obligated</strong> <strong>Group</strong>; the other seven hospitalfacilities are owned and operated by members of the <strong>Obligated</strong> <strong>Group</strong>. Each hospital in the <strong>Obligated</strong> <strong>Group</strong>provides short-term acute care.Euclid Hospital. Euclid Hospital is located in Euclid, Ohio, and has 231 available beds, including a 48-bed rehabilitation facility, a 40-bed skilled nursing facility and a 13-bed psychiatric unit. Its campus also includesan approximately 25,000 square foot medical office building.Fairview Hospital. Fairview Hospital is located on the west side of <strong>Cleveland</strong> and has 410 available beds,including a Level III perinatal unit and a Level II trauma center. Its campus also includes an approximately 53,000square foot medical office building and attached parking garage.Hillcrest Hospital. Hillcrest Hospital is located in Mayfield Heights, Ohio, and has 377 available beds; an88,000 square foot medical office building is attached to the hospital facility; and two additional medical officebuildings, together aggregating approximately 119,000 square feet, are located near the hospital facility.Huron Hospital. Huron Hospital is located in East <strong>Cleveland</strong>, Ohio, and has 198 available beds, includinga 30-bed psychiatric unit, a 10-bed alcohol rehabilitation unit and a Level II trauma center. Its campus also includesan approximately 5,300 square foot medical office building.Lutheran Hospital. Lutheran Hospital is located on the near-west side of <strong>Cleveland</strong>, and has 191available beds, including a 10-bed Extended Rehabilitation Center offering skilled nursing care and a transitionalprogram for patients requiring services at levels below those provided in an acute care hospital, but at levelsgenerally not available in a nursing home or a private residence. Its campus also includes an approximately 38,000square foot medical office building.Marymount Hospital. Marymount Hospital is located on a 26-acre campus in Garfield Heights, Ohio, andhas 286 available beds. The campus includes an approximately 77,000 square foot medical office building and anindependent and assisted living <strong>com</strong>munity for senior citizens. Marymount operates its hospital facilities inaccordance with the Ethical and Religious Directives for Catholic <strong>Health</strong> Care Services.South Pointe Hospital. South Pointe Hospital is located in Warrensville Heights, Ohio, and has 259available beds, including a 29-bed skilled nursing facility and a 38-bed psychiatric unit. Two medical officebuildings owned by CCHS-East Region, together aggregating approximately 37,000 square feet, are also located onits campus. South Pointe Hospital operates two urgent care centers in Twinsburg, Ohio, and an emergencydepartment and ambulatory services site in Sagamore Hills, Ohio.A-16

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