Baptist Health Deaconess

What it reported doing in 2024

Baptist Health Deaconess Madisonville is a tertiary acute care hospital, serving numerous rural communities in western Kentucky and offering over 35 points of care and a broad range of inpatient and outpatient services. As an integrated healthcare provider, Baptist Health Deaconess Madisonville includes more than 137 primary care and specialist providers, a 410-bed hospital with an advanced 20-bed Critical Care unit; an extensive education division that trains students in numerous capacities to provide medical care in rural areas; award-winning women's health services; advanced cancer care and a progressive heart and vascular center. (Continued on Schedule O)The hospital also has clinics conveniently located in nearby communities to provide care close to home for our patients. Baptist Health Deaconess Madisonville provided care for 6,446 inpatient adult, pediatric and nursery admissions, 678 live births, 227,916 outpatient visits, and 9,496 surgery visits during fiscal year 2025. Baptist Health Deaconess Madisonville's Mahr Cancer Center is Kentucky's oldest community hospital cancer program to consistently hold accreditation with the American College of Surgeons Commission on Cancer, receiving the No. 1 overall rating. The Merle M. Mahr Cancer Center is focused on preventing cancer, diagnosing cancer and treating it with the most aggressive, advanced therapies available. With state-of-the-art treatments, best-practice therapies and innovative clinical trials, the center delivers help and hope to people with cancer. The Mahr Center provided over 24,000 treatments to patients during fiscal year 2025, including chemotherapy and infusion; radiation oncology services; surgical services and advanced diagnostic and screening procedures. With skilled hands and compassionate hearts, the Jack L. Hamman Heart & Vascular Center encompasses the best in technology and facility design under one roof. The Center provides a complete range of services for diagnosis, treatment, and recovery from heart disease, as well as programs for assuring and maintaining wellness. The cardiac catheterization lab offers numerous procedures including the diagnosis and treatment of blood clots; implantation of permanent pacemakers; the use of stents to expand vessels and the removal of deposits from vessel walls. The Pacemaker/Defibrillator Clinic provides ongoing care for all pacemaker patients from practitioners who are assisted by technology experts to help ensure healthy recoveries and consistent, proper device performance. The Cardiac Rehabilitation program is administered by specially trained physiologists and nurses and provides a personalized rehabilitation program to help patients recover strength through exercise. Baptist Health Deaconess Madisonville Hospice is dedicated to providing support and care for individuals during their last phase of life, as well as assistance to their families through the death and bereavement process. Through a coordinated and dedicated team approach, the Hospice staff and volunteers provide physical, emotional and spiritual assistance to those with a life-limiting illness by focusing on the quality of life. We provide terminally ill patients of all ages virtually all of the services of a healthcare facility, but in the privacy of their own home. The Hospice team has more than 160 years of combined experience and is made up of physicians, registered nurses, social workers, chaplains, certified nursing assistants, ancillary staff including physical and occupational therapists and volunteers. Education has played vital role in the history and growth of Baptist Health Deaconess Madisonville. From elementary school students to health professionals and physicians, Baptist Health Deaconess Madisonville offers a wide range of learning opportunities. The Baptist Health Deaconess Madisonville Medical Education and Research Center provides numerous educational programs that benefit the communities of western Kentucky. - Establishe

Financial Efficiency

• Mission deployment rate: 69%; rating input score 69
• Program expense ratio: 82%; rating input score 82
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 92.3%; rating input score 92; 41st percentile among comparable filings
• Governance controls: 8 of 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 16%; rating input score 83; 83rd percentile among comparable filings
• Total-asset coverage ratio: 0.67; rating input score 26; 26th percentile among comparable filings
• Liabilities to assets ratio: 0.2; rating input score 69; 69th percentile among comparable filings
• Officer compensation ratio: 0.7%; rating input score 79; 79th percentile among comparable filings

Growth

• Program expense growth: 2.7% per year; rating input score 100; 20th percentile among comparable filings
• Revenue growth: 3.4% per year; rating input score 100; 26th percentile among comparable filings
• Asset growth: -3.6% per year; rating input score 0; 3rd percentile among comparable filings