Baptist Memorial Hospital- Golden Triangle Inc

What it reported doing in 2024

Baptist memorial hospital-golden triangle, 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-golden triangle, 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-golden triangle, 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, programs for the elderly, handicapped, medically underserved, and a variety of broad community support activities.baptist memorial hospital-golden triangle, inc. Serviced 9,291 inpatients, and provided more than 151,899 outpatient services during the fiscal year ended september 30, 2025.during the fiscal year ended september 30, 2025, baptist memorial hospital-golden triangle, inc.'s program services produced the following results:- the skilled nursing department had 41,244 patient days at a cost of $26,284,704. - the laboratory department performed 676,730 procedures at a cost of $10,274,363. - the radiology department performed 136,705 procedures at a cost of $12,950,510.- the emergency room had 63,907 patient visits at a cost of $8,453,132.baptist memorial hospital-golden triangle, 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-golden triangle, 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 $660,158,323.charity care is also provided through many reduced-price services and free programs offered throughout the year based upon activities and services which baptist memorial hospital-golden triangle, inc. Believes will serve a bona fide community health need.baptist memorial hospital-golden triangle, inc. Has provided a number of services in the community such as:- bone density screenings- fall prevention classes- stop the bleed classes- crash course camp- reduced price heartscore screenings- diabetes support group- cancer support group- alcoholics anonymous support group and meeting space- free flu shot event for the community- free bone density screenings for the community- free diabetes screenings- free monthly psa screenings for men over 40- free blood pressure checks and screenings at area businesses- quarterly blood drives- speakers for various events- relay for life - american cancer society (lowndes and oktibbeha counties)- other acs events such as boots and bling- free community screenings in underserved areas such as hamilton, brooksville, plum grove and crawford, Mississippi.- free community education programs addressing issues such as: healthy eating, holiday depression, alzheimer's disease, colon cancer, skin cancer, bph, and domestic violence.baptist memorial hospital-golden triangle, inc. Feels that its people are its most valuable asset. To share this asset with the community at large, all personnel are encouraged to get involved by volunteering. Below is a partial listing of organizations and activities that baptist memorial hospital-golden triangle, inc. Supported through its volunteer efforts:- columbus municipal sch

Financial Efficiency

• Mission deployment rate: 78.7%; rating input score 79
• Program expense ratio: 93.2%; 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: 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: 100%; rating input score 100; 77th 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: 15.5%; rating input score 83; 83rd percentile among comparable filings
• Total-asset coverage ratio: 1.5; rating input score 53; 53rd percentile among comparable filings
• Liabilities to assets ratio: 0.03; rating input score 91; 91st percentile among comparable filings
• Officer compensation ratio: 1.2%; rating input score 70; 70th percentile among comparable filings

Growth

• Program expense growth: 4% per year; rating input score 100; 31st percentile among comparable filings
• Revenue growth: 4.3% per year; rating input score 100; 36th percentile among comparable filings
• Asset growth: 9.2% per year; rating input score 100; 66th percentile among comparable filings