Baptist Health

What it reported doing in 2024

Baptist medical center of nassau, inc. (bmcn) is a highly advanced, extremely well-equipped community hospital located on amelia island, serving nassau county and its surrounding area. The hospital provides a full spectrum of inpatient and outpatient services and 24-hour emergency care. The medical staff includes highly trained physicians in 26 different specialties along with a 24/7 hospitalist program. Bmcn is an accredited chest pain center, acute stroke readiness hospital and has earned ancc magnet recognition for excellence in patient care and named top general hospital by the leapfrog group with safety grade a. Baptist nassau offers many advanced services and technologies not typically seen in a community hospital including a 30,000 square foot surgery/procedural center, advanced imaging (128-channel ct and mri), breast health program with digital 3d mammography, 24/7 intensivist coverage icu through telemedicine, non-invasive cardiology and cardiac rehabilitation center. Inpatients are cared for in a modernized building, which offers 48 private patient suites. Bmcn was one of the first community hospitals in the nation to convert to an electronic medical record system. Baptist medical center of nassau is fully integrated within a six-hospital system of baptist health system, inc. (bhs). Inpatient pediatric care is provided by wolfson children's hospital in jacksonville. During the fiscal year, there were 444 employees, 62 beds, 5,285 admissions accounting for 15,119 patient days, and 19,406 emergency room visits. As part of bhs, the region's only community-owned, faith-based healthcare system, bmcn is committed to improving the health of everyone in its community, regardless of their ability to pay. Bmcn provided the following uncompensated care and community benefit for the fiscal year ended september 30, 2025: (1) charity care, $4.0 million, (2) unreimbursed medicaid costs, $0 million, (3) unreimbursed medicare costs, $10.3 million, and (4) specific community programs, $1.4 million, for a total of $15.7 million of uncompensated care and community benefit. Bmcn's primary focus is addressing unmet health needs, particularly among vulnerable populations who have limited resources and access to health care. Bmcn has gone beyond the delivery of essential health care to improve the lives of individuals and the overall quality of life in our region. Baptist health's community health committee guides the community health efforts. This committee provides strategic direction related to community health activities and ensures focus on key priorities that align with baptist health's mission. A cornerstone of our commitment to the community is caring for the health of vulnerable, uninsured and underserved people among us. One of bmcn's guiding principles of community health is to collaborate with other local organizations to leverage our collective expertise and strength for the health benefits of the community. This collaborative approach helps ensure efficiency and avoids duplication of effort, resulting in enhancement of the lives of area residents at every life stage and income level. Bmcn community health needs assessment includes: (1) access to care (2) mental and behavioral health (3) poverty (4) chronic disease (5) maternal and child health (6) transportation, (7) housing, (8) cancer and (9) social determinants of health.

Financial Efficiency

• Mission deployment rate: 64.1%; rating input score 64
• Program expense ratio: 84%; rating input score 84
• 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: Limited

Accountability

• Independent voting board: 81.8%; rating input score 82; 29th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 24.4%; rating input score 90; 90th percentile among comparable filings
• Total-asset coverage ratio: 1.62; rating input score 56; 56th percentile among comparable filings
• Liabilities to assets ratio: 0.11; rating input score 82; 82nd percentile among comparable filings
• Officer compensation ratio: 1.9%; rating input score 57; 57th percentile among comparable filings

Growth

• Program expense growth: 4.7% per year; rating input score 100; 37th percentile among comparable filings
• Revenue growth: 4.6% per year; rating input score 100; 38th percentile among comparable filings
• Asset growth: 5.1% per year; rating input score 100; 37th percentile among comparable filings