Baptist Memorial Hospital-DeSoto

What it reported doing in 2024

Baptist memorial hospital-desoto, 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 memorial hospital-desoto, inc., it is recognized that not all individuals possess the ability to purchase essential medical services, and further, that our mission 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 memorial hospital-desoto, 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, and special programs for the elderly, handicapped, medically underserved, and a variety of broad community support activities.during the fiscal year ended september 30, 2025, baptist memorial hospital-desoto, inc. Provided services for more than 17,191 inpatients and more than 118,683 outpatients.the largest program services provided the following for the fiscal year ended september 30, 2025:- acute care services had 92,186 patient days at a cost of $58,795,794.- the surgery department performed 10,949 surgery hours at a cost of $21,431,172.- the radiology department performed 253,276 procedures at a cost of $16,932,272.- the emergency department treated 64,813 patients at a cost of $15,996,042.- the pharmacy department dispensed 113,511 unit doses of medication at a cost of $15,524,702.baptist memorial hospital-desoto, 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 memorial hospital-desoto, 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 $1,100,736,212.charity care is also provided through many reduced-price services and free programs offered throughout the year based upon activities and services that baptist memorial hospital-desoto, inc. Believes will serve a bona fide community health need.for over 36 years, baptist memorial hospital-desoto, inc., located in southaven, Mississippi, has given patients across northwest Mississippi a place to find quality, specialized care. Its colleagues dedicate each day to raising the standard for clinical excellence, and their hard work has paid off in consistent national recognition for quality outcomes. The hospital has been ranked #1 in Mississippi for cardiac services by healthgrades, the nation's leading independent ratings company. It has been an illustrious quarter-century for the hospital which continues to grow and enhance services to meet the ever-changing needs of north Mississippi. In 2025, baptist memorial hospital-desoto, inc. Was the first hosptal in Mississippi recognized as a heartcare center national distinction of excellence by the american college of cardiology (acc). This prestigious designation highlights the hospital's unwavering commitment to providing exceptional cardiovascular care and consistently achieving outstanding patient outcomes.to earn this esteemed distinction, baptist memorial hospital-desoto, inc. Successfully achieved four acc cardiovascular accreditations in the areas of chest pain, heart failure, atrial fibrillation, and electrophysiology. These accreditations reflect the hospital's dedication to maintaining the highest standards in cardiovascular treatment, diagnosis, and patient-centered care.in add

Financial Efficiency

• Mission deployment rate: 81.8%; rating input score 82
• Program expense ratio: 93.1%; rating input score 93
• 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: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 42.9%; rating input score 43; 12th 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: 12%; rating input score 77; 77th percentile among comparable filings
• Total-asset coverage ratio: 0.98; rating input score 38; 38th percentile among comparable filings
• Liabilities to assets ratio: 0.08; rating input score 86; 86th percentile among comparable filings
• Officer compensation ratio: 0.8%; rating input score 78; 78th percentile among comparable filings

Growth

• Program expense growth: 1.3% per year; rating input score 100; 12th percentile among comparable filings
• Revenue growth: 0.9% per year; rating input score 100; 8th percentile among comparable filings
• Asset growth: 0.8% per year; rating input score 100; 9th percentile among comparable filings