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ANNUAL MEETING OF COVENANT HEALTH AND COMMUNITY SERVICESJanuary 24, 2019Cont.RESOLVED, that the Board of Directors of Covenant Health and Community Services, Inc.does hereby authorize the following individuals of Covenant Palliative Care Services, LLC,Covenant Home Health Holdings, LLC, Covenant Home Health Care, LLC, CHCS IPHoldings, LLC, Covenant Capital Home Health, LLC, Covenant Help at Home, LLC, andCovenant Memory Care Center at the Joyce Goldenberg Campus, LLC to authorize the deposit,transfer, and withdrawal of funds from the LLCs’ banking accounts within currently approvedpolicies and procedures, with any and all transactions requiring the signature of one of thebelow listed authorized individuals, and further authorizes the President and CEO to authorizethe management of deposited funds in accordance with approved corporate policies andprocedures.Staff: Jeff MislevyMartin FranklinOdin BergMr. Owens called for a motion to adopt the above-stated corporate resolutions.A motion was made and passed.2018 EMPLOYEE ENGAGEMENT REPORT; 2019 ENGAGEMENT PLANMs. Bajjaly presented the 2018 Employee Engagement Report and 2019 Engagement Plan. A copy ofthe documents was provided in the handouts. Ms. Bajjaly noted the significant improvement inCovenant’s 2018 Grand Mean Engagement Score of 4.26 over 4.02 in 2017. Also, 59% of teammembers are “engaged,” up from 49% in 2017. The 2018 results showed improvement on all of thetwelve “Q12” questions. Ms. Bajjaly reviewed the 2019 KPI People Pillar objectives and milestonesas well.2019 FOUNDATION PLANMr. West presented the 2019 Foundation Plan. Growth opportunities included: Recruitment of a full-time fundraiser to mobilize Dothan area giving Identification of regional volunteer fundraisers (Dothan, Mobile, Tallahassee, Panama City)Mr. West explained that the effects of Hurricane Michael and the loss a full-time fundraising employeein the Panama City area posed a challenge for 2019. However, the newly-established FoundationBoard was well-suited to achieve the Foundation’s financial goals.RETIREMENT PLANMr. Franklin gave an overview of the 2018 Retirement Plan Committee Report. A copy of the reportwas provided in the handouts. The report provided certification of meetings, the transition of proposalsto programs, audit results, and total assets managed under the 2018 plan. Mr. Owens stated that he didnot participate in the selection of the plan manager nor did he provide investment advice on behalf ofthe Retirement Plan.8

ANNUAL MEETING OF COVENANT HEALTH AND COMMUNITY SERVICESJanuary 24, 2019Cont.OLD BUSINESSNone.ADJOURNMENTThere being no further business to discuss, the meeting is adjourned at 1:40 p.m.Submitted By: Carey King, Secretary9

COVENANT HEALTH AND COMMUNITTY SERVICES, INC.CORPORATE RESOLUTIONSRESOLUTION 1:“The Board of Directors of Covenant Health and Community Services, Inc. does herebyauthorize the following Officers of the Corporation to authorize the deposit, transfer, andwithdrawal of funds from the Corporation's banking and investment accounts withincurrently approved policies and procedures, with any and all transactions requiring thesignature of at least two of the below listed authorized individuals, and further authorizesthe President and CEO to authorize the management of deposited funds in accordancewith approved corporate policies and procedures:”Officers:Rodney GuttmannXan SmithCarey KingJeff MislevyStaff: Martin FranklinOdin BergTodd FisherRESOLUTION 2:“The Board of Directors of Covenant Hospice, Inc. does hereby authorize the followingofficers and staff members of the Corporation to authorize the deposit and withdrawal offunds from the Corporation’s banking accounts, with any and all withdrawals requiringthe signature of at least two of the listed authorized persons, or within the Boardauthorization and policies previously specified for electronic signatures, as follows:”Officers:Rodney GuttmannXan SmithCarey KingJeff MislevyStaff: Martin FranklinOdin BergTodd FisherRESOLUTION 3:“The Board of Directors of Covenant Hospice Foundation, Inc. does hereby authorize thefollowing Officers of the Corporation to authorize the deposit, transfer, and withdrawal offunds from the Corporation's banking and investment accounts within currently approvedpolicies and procedures, with any and all transactions requiring the signature of at leasttwo of the below listed authorized individuals, and further authorizes the President andCEO to authorize the management of deposited funds in accordance with approvedcorporate policies and procedures:”Officer: Jeff MislevyStaff: Martin FranklinOdin BergTodd Fisher10

CORPORATE RESOLUTIONSCont.RESOLUTION 4:“The Board of Directors of Alzheimer’s Family Services, Inc. does hereby authorize thefollowing Officers of the Corporation to authorize the deposit, transfer, and withdrawal offunds from the Corporation's banking and investment accounts within currently approvedpolicies and procedures, with any and all transactions requiring the signature of at leasttwo of the below listed authorized individuals, and further authorizes the President andCEO to authorize the management of deposited funds in accordance with approvedcorporate policies and procedures:”Officers:Martin FranklinJames Smith, DOJeff MislevyTodd FisherStaff: Odin BergRESOLUTION 5:“The Board of Directors of Covenant At Home, Inc. does hereby authorize the followingOfficers of the Corporation to authorize the deposit, transfer, and withdrawal of fundsfrom the Corporation's banking and investment accounts within currently approvedpolicies and procedures, with any and all transactions requiring the signature of at leasttwo of the below listed authorized individuals, and further authorizes the President andCEO to authorize the management of deposited funds in accordance with approvedcorporate policies and procedures:”Officers:Martin FranklinJames Smith, DOJeff MislevyTodd FisherStaff: Odin BergRESOLUTION 6:The Board of Directors of Covenant Health and Community Services, Inc. does herebyauthorize the following individuals of Covenant Palliative Care Services, LLC, CovenantHome Health Holding, LLC, Covenant Home Health Care, LLC, CHCS IP Holdings,LLC, Covenant Capital Home Health, LLC, Covenant Help at Home, LLC, and CovenantMemory Care Center at the Joyce Goldenberg Campus, LLC to authorize the deposit,transfer, and withdrawal of funds from the LLCs’ banking accounts within currentlyapproved policies and procedures, with any and all transactions requiring the signature ofone of the below listed authorized individuals, and further authorizes the President andCEO to authorize the management of deposited funds in accordance with approvedcorporate policies and procedures.Staff: Jeff MislevyMartin FranklinOdin BergTodd Fisher11

CORPORATE RESOLUTIONSCont.RESOLUTION 7:“RESOLVED, that the corporation lease from Enterprise Fleet Management, hereinaftercalled Enterprise, from time to time, such motor vehicles upon such terms and conditions, as inthe judgment of Officers or employees hereinafter authorized, Covenant Hospice, Inc. mayrequire.RESOLVED FURTHER, that the following individuals are authorized and empoweredon behalf of and in the name of Covenant Hospice, Inc. to execute Motor Vehicle Leases withEnterprise on such terms as may be agreed to by said person.Jeff MislevyMartin FranklinOdin BergRESOLVED FURTHER, that Enterprise is authorized to act upon this resolution untilwritten notice of its revocation is received by Enterprise.”RESOLUTION 8:“RESOLVED, that the Covenant Hospice Board of Directors approves the terms of theproposed lease of properties located at 1901 and 2001 North Palafox Street in Pensacola, for aninitial five-year term, followed by two subsequent optional five-year renewals. The leasecontains an initial monthly lease rate of 25,321.72, increasing at an annual rate of 2% over theterm of the lease. Occupancy is to occur May 1, 2019.RESOLVED, the Board approves the execution of all documents and actions necessaryfor management to complete this transaction.”12

Consolidated Financial ResultsMonth of February 2019ACTUALBUDGETNET REVENUE5,511,0715,415,68795,385DIRECT CARE EXPENSES3,524,4273,562,674(38,247)CONTRIBUTION FROM OPERATIONSCONTRIBUTION %GENERAL & ADMINISTRATIVE EXPENSESOtherPayrollBenefitsAllocation from CHCSTOTAL G&A EXPENSESOPERATING MARGINOPERATING MARGIN )-0.7%-1.1%7,195,4387,416,228(220,790)-3.0%7.2% ,511)-2.4%348,894-129.5%3.1%NON-OPERATING REVENUESOther Non-Operating RevenuesOther Non-Operating 13-34.6%-6.4%NET NON-OPERATING 9)(15,256)25.6%EXCESS OF REVENUE OVER )333,637-101.4%13

Consolidated Operating MarginTrailing Twelve Months 250,000 200,000 189,109 180,108 150,000 113,379 100,000 83,765 71,039 41,250 50,000 15,598 8,344Dec-18Jan-19 0( 26,639)( 30,262)( 58,251)( 50,000)( 96,974)( 100,000)( Oct-18Nov-18Feb-1914

Consolidated Operating MarginPost Hurricane Michael 80,000 71,039 60,000 40,000 15,598 20,000 8,344 0( 20,000)( 30,262)( 40,000)( 60,000)( 80,000)( 96,974)( 100,000)( 120,000)Oct-18Nov-18Dec-18Jan-19Feb-1915

Covenant HospiceCOVENANT HOSPICE, INC.2019MONTHFEBBUDGETVARIANCE%INCOME STATEMENTYEAR TOVARIANCEFY 2019DATEYEAR TO%DATE BUDGET VARIANCE VARIANCE4,064,3983,897,383167,0164.3%NET PATIENT/FAMILY CARE ,468(49,716)-1.8%TOTAL PATIENT/FAMILY CARE ,056,915216,73220.5%CONTRIBUTIONS FROM ,604(90,957)-2.2%27.1%4.2%CONTRIBUTION %2,759,750(32,132)-1.2%OPERATING MARGIN(176,074)(547,415)371,341-67.8%OPERATING MARGIN %(13,990)-48.0%NON OPERATING INCOME(75,805)(258,559)182,754-70.7%EXCESS OF REVENUE OVER EXPENSES4.7%3.4%2,727,61829,143-6.5%27.1%TOTAL G&A EXPENSES15,152-1.8%30.5%MARGIN %20,08920,138(49)717719(2)4959(10)AVERAGE LENGTH OF .9%4.3%PATIENT DAYS41,77942,154(375)AVERAGE DAILY CENSUS1,4921,505(13)4859(11)87671616016

Covenant HospiceAverage Daily CensusTrailing Twelve ul-18Aug-18Sep-18Oct-18Nov-18Dec-18Jan-19Feb-1917

Covenant HospiceAverage Daily CensusPost Hurricane 18Jan-19Feb-1918

Covenant Home Health CareCOVENANT HOME HEALTH CARE, 4,242)-5.1%TOTAL PATIENT CARE 5,520)-7.2%49.7%50.8%INCOME STATEMENTYEAR TOYEAR TOVARIANCEFY 2019DATEDATE AL PATIENT CARE IONS FROM NTRIBUTION 4,243)-11.1%OPERATING MARGIN320,077345,922(25,846)-7.5%1,291-6.3%NON OPERATING INCOME/(EXPENSE)13,9279.3%EXCESS OF REVENUE OVER 90(11)-2.8%TOTAL ADMISSIONS32.0%30.0%0.9066 2,360 14.1%MARGIN %2.0%0.0%939,640OPERATING MARGIN %2.3%50.8%835,39711.9%2,49650.8%%VARIANCETOTAL G&A EXPENSES13.7%1.0266 %AVERAGE DAILY CENSUSRECERTIFICATION RATE0.120013.2%AVERAGE MEDICARE CASE MIX WEIGHT1365.8%AVERAGE MEDICARE REIMBURSEMENT PER (606)-3.7%811822(11)-1.3%31.5%30.0%1.0126 0.4%2,4450.2%1.5%0.9066 2,360 0.106011.7%853.6%19

Covenant Home Health CareAverage Daily CensusTrailing Twelve l-18Aug-18Sep-18Oct-18Nov-18Dec-18Jan-19Feb-1920

The Residence Memory Care CenterTHE RESIDENCE MEMORY CARE )-36.0%33.6%44.9%%INCOME STATEMENTYEAR TOYEAR TOVARIANCEFY 2019DATEDATE BUDGETVARIANCENET 78)-0.2%84,688109,032(24,344)TOTAL RESIDENT CARE EXPENSESCONTRIBUTION ,701(17,854)-152.6%GENERAL & ADMINISTRATIVE 6.6%12,876(18,015)-139.9% -5.5%8.9%OPERATING MARGIN-14.4%(5,139)-2.2%90590500.0%TOTAL NON-OPERATING REVENUE & EXPENSES1,810(7,058)10,796(17,854)-165.4%EXCESS OF REVENUE OVER EXPENSES(6,949)571644(73)-11.3%RESIDENT DAYS20.423.0(2.6)-11.3%AVERAGE DAILY 31,357(144)-10.6%20.623.0(2.4)-10.6%21

The Residence Memory Care CenterAverage Daily CensusTrailing Twelve -18Aug-18Sep-18Oct-18Nov-18Dec-18Jan-19Feb-1922

Other EntitiesOTHER ENTITIES2019MONTHFEBBUDGET%VARIANCE VARIANCEFINANCIAL SUMMARYYEAR TOFY 2019DATEYEAR TO%DATE BUDGET VARIANCE VARIANCECOVENANT HOSPICE FOUNDATION36,15628,5687,58826.6%OPERATING EXCESS OF REVENUE OVER EXPENSES60,04854,4915,557-10.2%COVENANT CAREGIVERS (PRIVATE DUTY)(188)(1,337)1,149-85.9%OPERATING .9%EXCESS OF REVENUE OVER EXPENSES(1,212)(2,805)1,59356.8%COVENANT HEALTH AND COMMUNITY SERVICES(73,074)(89,773)16,699-18.6%OPERATING )16,32418.2%EXCESS OF REVENUE OVER EXPENSES(165,879)(181,835)15,9568.8%23

Consolidated Balance SheetFebruary 28, 2019AssetsCash and Investments Net Accounts Receivable24,298,44712,143,670Other Receivables2,420,520Prepaid Expenses1,239,800Other Current Assets1,383,681Total Current Assets Net Property, Plant and Equipment41,486,11916,154,106Goodwill and Other Intangible Assets9,403,110Total Assets 67,043,335Liabilities and Net AssetsAccounts PayableAccrued ExpensesOther Current LiabilitiesTotal Current LiabilitiesMortgage PayableOther Long Term LoansLines of CreditTotal Long Term Liabilities 2,767,2733,402,4223,551,6129,721,307 5,467,7276,557,4446,310,00018,335,172Total LiabilitiesUnrestricted Net AssetsBoard Designated Net AssetsDonor Restricted Net Assets 28,056,479 35,056,762911,1413,018,953Total Net Assets 38,986,856Total Liabilities and Net Assets 67,043,33524

Covenant HospiceFebruary 2019 Balance Sheet Key RatiosDAYS CASH & INVESTMENTS ON HAND133DAYS UNRESTRICTED CASH & INVESTMENTS ON HAND39 NOTE 1DAYS REVENUE OUTSTANDING65 NOTE 2DAYS PAYABLE OUTSTANDING34DEBT TO FUND BALANCECURRENT RATIO45.83%NOTE 34.1 NOTE 4NOTES:1. Approx. 15,900,000 of the Covenant Hospice investment portfolio is restricted tosatisfy the requirements of a loan commitment.2. After deducting the net valuation of Florida Medicaid Managed Care receivables,Days Revenue Outstanding are 423. “Debt” is defined as bond and loan indebtedness.4. “Current ratio” Current assets divided by current liabilities25

Revised 2019 Budget26

Covenant CareConsolidated Income StatementActual2018Budget2019Variance2019% Inc/(Dec)2019NET PATIENT/FAMILY CARE/PROGRAM REVENUE71,394,64571,683,382215,2500.3%TOTAL PATIENT/FAMILY CARE TIONS FROM ION %33.5%34.1%0.6%1.9%GENERAL & ADMINISTRATIVE EXPENSESOther DirectPayrollBenefitsAllocation from %9.7%TOTAL G&A EXPENSES23,741,31123,870,124323,1901.4%OPERATING MARGIN210,103550,483200,97857.5%OPERATING MARGIN %NON-OPERATING REVENUESOther Non-Operating RevenuesOther Non-Operating 9785,632(1,449,969)391,151-64.7%99.2%NET NON-OPERATING REVENUE2,116,3836,037(1,841,119)-99.7%EXCESS OF REVENUE OVER EXPENSES2,326,485556,520(1,640,142)-74.7%27

Covenant CareChange to 2019 BudgetCategoryOperating IncomeNet IncomeAs presented inNovember 550,483 556,520Change for HHAexpansion (909,827) (909,827)Revised, as of02/27/19 (359,344) (353,307)28

COVENANT HOSPICE, INC.BOARD OF DIRECTORS MEETINGMarch 28, 2019CONSENT AGENDACONVENING OF MEETINGTOM OWENSMINUTES OF THE COVENANT HOSPICE, INC.ANNUAL MEETING OF JANUARY 24, 2019***** TOM OWENSCOVENANT CARE FEBRUARY 2019 ANDYTD FINANCIAL STATEMENTS***** ODIN BERGOTHER BUSINESS AS SUBMITTEDTOM OWENSADJOURNMENTTOM OWENSNOTES: **** DENOTES VOTE OR OTHER ACTION REQUIRED29

Covenant Hospice, Inc.ANNUAL MEETING OF THE BOARD OF DIRECTORSThursday, January 24, 2019MINUTESMEMBERS PRESENT:Susan DavisTeresa Dos SantosRodney GuttmannCarey KingJeff MislevyTom OwensBrett ParraDon HaferkampSteve SarrosXan SmithMEMBERS ABSENT:Jamie CampbellJanet KinneyKent SkolroodXan SmithLEADERSHIP STAFF:Amy BajjalyKara BenedictOdin BergTodd FisherMartin FranklinDiane SparksAaron WestLEGAL COUNSEL:Robert JonesINTRODUCTIONMr. Owens convened the meeting at 11:35 a.m. and thanked everyone for attending.CONSOLIDATED FINANCIAL REPORT - YE DECEMBER 31, 2018Mr. Franklin presented the Consolidated December 2019 and YTD Financial Report. A copy of thereport was provided in the handouts. The following highlights were discussed. 2018 year-end operating margin was 210,103; .3%Excess revenues over expenses was 2,326,485After discussion, Mr. Owens called for a motion to approve the Consolidated December 2018 andYTD Financial Report.A motion was made and passed.30

ANNUAL MEETING OF COVENANT HOSPICE, INC.January 24, 2019Cont.MINUTESMr. Owens called for a motion to approve the minutes of the Covenant Hospice Board of DirectorsMeeting of November 15, 2018.A motion was made and the minutes were approved as submitted.NEW BUSINESSRESOLUTIONS FOR SIGNATURE AUTHORITY FOR FINANCIAL INSTITUTIONSRESOLVED, that the Board of Directors of Covenant Hospice, Inc. does hereby authorize thefollowing officers and staff members of the Corporation to authorize the deposit and withdrawal offunds from the Corporation’s banking accounts, with any and all withdrawals requiring the signature ofat least two of the listed authorized persons, or within the Board authorization and policies previouslyspecified for electronic signatures, as follows:”Officers:Rodney GuttmannXan SmithCarey KingJeff MislevyStaff: Martin FranklinOdin BergJudy AshlineMr. Owens stated for the record that he was prevented from signature authority in accordance withBranch Banking and Trust Company’s code of ethics.RATIFICATION OF ELECTION OF DIRECTORS AND OFFICERS FOR COVENANTHOSPICE, INC.Mr. Owens presented the following corporate resolutions to ratify the election of 2019 CovenantHospice, Inc. Directors and Officers:RESOLVED, that the Board of Directors of Covenant Hospice, Inc. does hereby accept andendorse the election and re-election of the Directors for the Corporation as selected by vote ofthe Board of Directors of Covenant Health and Community Services, Inc., in accordance withthe By-Laws of each Corporation.RESOLVED, that the Board of Direct

covenant health and community services, inc. board of directors meeting . march 28, 2019 at 8:30 a.m. conference call: 646.749.3122 . access code: 113.530.957# convening of meeting tom owens . consent agenda . minutes of the annual meeting of covenant health and community services, inc. of january 24, 2019 ***** tom owens