Baptist Medical Center - Leake Inc

What it reported doing in 2024

Baptist medical center - leake, inc. Provides quality medical health care regardless of race, creed, sex, national origin, handicap, or age. Although reimbursement for services rendered is critical to the operation and stability of baptist medical center - leake, inc., it is recognized that not all individuals possess the ability to purchase essential medical services, and further, that the mission of baptist medical center - leake, inc. Is to serve the community with respect to providing health care services and health care education. Therefore, in keeping with its commitment to serve all members of its community, baptist medical center - leake, inc. Provides the following:- free care and/or subsidized care where the need and/or an individual's inability to pay coexist,- care provided to persons covered by governmental programs at below cost, and- health activities and programs to support the community.these activities include wellness programs, community education programs, special programs for the elderly, handicapped, medically underserved, and a variety of broad community support activities.baptist medical center - leake, inc. Offers acute care and swing bed, as well as mri, vascular ultrasound, echocardiography, wound care and podiatry services. The hospital's level iv emergency room is staffed by qualified physicians and ancillary staff. Family health care services are offered from three clinic locations in walnut grove, Mississippi and carthage, Mississippi. A senior life intensive outpatient program provides support and treatment for adults over age 55 with emotional or mental difficulties. A swing bed program offers a much needed service for patients who no longer need acute hospital care, but do need skilled nursing or therapy care to complete their recovery.baptist medical center - leake, inc. Recorded 38,327 hospital patient visits during its 2025 fiscal year. This consisted of 625 inpatient discharges with 4,672 days of care provided, 26,172 outpatient visits, and 11,530 emergency room visits. Finally, the three primary care clinics provided services on 20,068 occasions.baptist medical center - leake, inc. Provides care to persons covered by governmental programs from which the hospital receives payment at less than market value reimbursement. Recognizing its mission to the community, services are provided to medicare, medicaid and uninsured patients. To the extent reimbursement is below cost, baptist medical center - leake, inc. Recognizes these amounts as charity care in meeting its mission to the entire community. During the fiscal year ended september 30, 2025, the unreimbursed value of providing care to these patients was $20,808,067.charity care is also provided through many reduced-price services and free programs offered throughout the year based upon activities and services which baptist medical center - leake, inc. Believes will serve a bona fide community health need.

Financial Efficiency

• Mission deployment rate: 99.5%; rating input score 100
• Program expense ratio: 90.7%; rating input score 91
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd 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: Limited
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 6 of 9 controls in place; rating input score 67
  • 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: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -9.8%; rating input score 10; 10th percentile among comparable filings
• Total-asset coverage ratio: 0.48; rating input score 15; 15th percentile among comparable filings
• Liabilities to assets ratio: 1.47; rating input score 2; 2nd percentile among comparable filings
• Officer compensation ratio: 7.6%; rating input score 32; 32nd percentile among comparable filings

Growth

• Program expense growth: -0.5% per year; rating input score 0; 9th percentile among comparable filings
• Revenue growth: 1.2% per year; rating input score 100; 13th percentile among comparable filings
• Asset growth: -5.6% per year; rating input score 0; 2nd percentile among comparable filings