Baptist Health

What it reported doing in 2024

Baptist Health Medical Group, Inc. ("BHMG") provides physician services and healthcare facilities, including primary care centers, rural healthcare centers, and urgent care centers to support the mission of Baptist Healthcare System, Inc. ("BHS") and its hospitals. BHMG is a comprehensive network of primary and specialty physician practices in Kentucky and Indiana that includes over 800 physicians and more than 850 advanced practice clinicians. Providers represent more than 80 specialties, including primary care and family medicine, internal medicine, osteopathic medicine, emergency medicine, general surgery and a wide range of surgical specialties offering advanced treatments and care. During fiscal year 2025, BHMG had over 4.9 million patient visits at more than 450 locations. BHMG also operates urgent care centers, rural health clinics and occupational medicine facilities. The primary care and specialty care physician services support the hospitals operated by Baptist Healthcare System, Inc. by staffing emergency departments and providing hospitalist, intensivist, laborist, and surgical care services for patients. BHMG's primary and specialty care physicians, urgent care centers, occupational medicine facilities and rural health centers offer convenient quality care services to patients and provide cost effective and compassionate patient care in communities served by BHS. BHMG physicians play key leadership roles in determining the direction and development of patient services, they spearhead innovation by leading clinical research and they help to bring advanced treatments and technology to our facilities. The Medical Group has been a driving force in helping Baptist Healthcare System rank among the top 25% nationally for patient safety, health outcomes and patient experience, while maintaining costs among the lowest third in the nation. In primary care quality outcomes, performance is in the top decile nationally, supported by strong screening and prevention efforts that help patients stay healthy. BHMG also ranks in the 85th percentile for patient experience, showing that quality care and compassion go hand in hand. Through teamwork, expertise and ongoing improvement, Baptist Health Medical Group continues to raise the standard for quality care and better health in our communities.In order to meet the health and wellness needs of communities we serve throughout Kentucky, Indiana and Illinois, Baptist Healthcare System, Inc. (BHS) provides grants to Baptist Health Medical Group, Inc. (BHMG). BHS is a nonprofit Section 501(c)(3) related entity and the sole member of BHMG. These grants allow BHMG to continue to provide support and care for Medicaid and charity care patients through primary care centers, rural health centers, urgent care centers and specialty health centers that meet a demonstrated community need. BHS makes these grants on the condition that BHMG use the grant funds only for the following activities:1. To provide care for patients participating in Medicaid and other government health programs, including but not limited to the Kentucky Children's Health Insurance (KCHIP) program.2. To provide care, for free or at discounted rates, to low-income patients who cannot afford the cost of care.3. To fund the operations of rural health clinics, primary care centers and urgent care centers that provide care for the patients described above.4. To engage in community activities and programs in response to demonstrated community needs to improve community health, including but not limited to health screenings; wellness care; vaccinations and community health education. Baptist Healthcare System, Inc. reports the grants related to the above activities on its respective IRS Form 990, Schedule H, Part I, Line 7.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 92.3%; rating input score 92
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 92.3%; rating input score 92; 12th 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: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -18.6%; rating input score 4; 4th percentile among comparable filings
• Total-asset coverage ratio: 0.19; rating input score 6; 6th percentile among comparable filings
• Liabilities to assets ratio: 1.76; rating input score 2; 2nd percentile among comparable filings
• Officer compensation ratio: 0.8%; rating input score 79; 79th percentile among comparable filings

Growth

• Program expense growth: 12% per year; rating input score 100; 81st percentile among comparable filings
• Revenue growth: 15% per year; rating input score 100; 89th percentile among comparable filings
• Asset growth: 14.5% per year; rating input score 100; 85th percentile among comparable filings