Baptist Memorial Hospital- North Mississippi Inc

What it reported doing in 2024

Baptist memorial hospital-north Mississippi, 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-north Mississippi, 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-north Mississippi, 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.baptist memorial hospital-north Mississippi, inc. Serviced 12,769 inpatients and provided more than 86,136 outpatient services during the fiscal year ended september 30, 2025.baptist memorial hospital-north Mississippi, 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-north Mississippi, 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 $671,255,075.during the fiscal year ended september 30, 2025, baptist memorial hospital-north Mississippi, inc.'s program services produced the following results:- the pharmacy dispensed 8,887,946 prescriptions at a cost of $11,454,026.- the nursing department had 49,922 patient days at a cost of $40,360,372.- the surgery department performed 8,958 surgeries at a cost of $41,123,634.- the cardiac services department performed 41,547 billable procedures at a cost of $13,482,935.- the lab department performed 652,774 billable procedures at a cost of $10,770,709.baptist memorial hospital-north Mississippi, inc.'s heart care center opened in the summer of 1986. During the fiscal year ended september 30, 2025, the heart care center performed 5,303 billable units of service. Interventional cardiology, cardiovascular surgery and electrophysiology services provide a continuum of care for the residents of the 27 counties we serve. Additionally, 9,541 ekgs and 24,779 other non-invasive procedures were performed which aid in the diagnosis and treatment of cardiovascular disease. Relief from chronic heartburn is now available at the baptist heartburn treatment center. While heartburn is a common symptom experienced by almost everyone after a spicy meal or period of increased stress, chronic heartburn can be indicative of a much more serious problem. The baptist heartburn treatment center offers the latest in state-of-the-art diagnostic techniques and treatment options to help ease the suffering of gerd.baptist memorial hospital-north Mississippi, inc. Opened a freestanding, comprehensive cancer center in 2002 and continues to experience tremendous growth. The team consisting of physicians, a physicist, oncology nurses and radiation therapists provided over 21,271 service units during the fiscal year ended september 30, 2025. Baptist center for cancer care supports concentrated efforts to educate the public on cancer prevention. Additionally, low-cost screenings are available throughout the year.patients come to baptist memorial hospital-north Mississippi, inc. From 78 counties in mississip

Financial Efficiency

• Mission deployment rate: 79.2%; rating input score 79
• Program expense ratio: 91.6%; 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: 56.4%; rating input score 56; 11th percentile among comparable filings
• Major donor itemization: Limited
• 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: 13.5%; rating input score 80; 80th percentile among comparable filings
• Total-asset coverage ratio: 2.94; rating input score 75; 75th percentile among comparable filings
• Liabilities to assets ratio: 0.41; rating input score 44; 44th percentile among comparable filings
• Officer compensation ratio: 0.8%; rating input score 77; 77th percentile among comparable filings

Growth

• Program expense growth: 4% per year; rating input score 100; 31st percentile among comparable filings
• Revenue growth: 3.2% per year; rating input score 100; 25th percentile among comparable filings
• Asset growth: 5.2% per year; rating input score 100; 38th percentile among comparable filings