Baptist Memorial Hospital-tipton Inc

What it reported doing in 2024

Baptist memorial hospital-tipton, 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-tipton, 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-tipton, 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.the largest program services provided the following for the fiscal year ended september 30, 2025:- the oncology department performed 305,433 procedures at a cost of $156,222,254.- the specialty pharmacy department filled 28,015 prescriptions at a cost of $136,446,568.- the er department had 22,123 patient visits at a cost of $2,574,804.- the radiology department performed 44,908 procedures at a cost of $2,493,500.- the nursing/surgery/labor and delivery department had 301 births, performed 282 surgeries, and had 3,795 patient days at a cost of $7,659,740. During the fiscal year ended september 30, 2025, baptist memorial hospital-tipton, inc. Provided services for 1,354 inpatients and more than 120,834 outpatients.baptist memorial hospital-tipton, 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-tipton, 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 $530,768,171.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-tipton, inc. Believes will serve a bona fide community health need.in addition, baptist memorial hospital-tipton, inc. Provided education programs to the public on a periodic basis. Breast cancer awareness - during october, the mammography patients received promotional educational materials as well as giveaways to promote awareness. Ads are run in the covington leader to encourage women to get mammograms.nursing students from dyersburg state come to baptist memorial hospital-tipton, inc. To complete their clinical rotations. Students also come from concorde to receive training in the lab, respiratory therapy, radiology and pharmacy.baptist memorial hospital-tipton, inc. Provided direct support to the following organizations:- american hospital association- Tennessee hospital association- south tipton chamber of commerce- carl perkins child abuse prevention center- munford high school- covington high school- law enforcement for tipton- 901 petals of purpose - breast cancer give away- drug free tipton- brighton baseball- munford booster club- tipton county community garden- drive out cancer golf tournament- canaan mb church community baby shower- fbc night of champions- germantown kiwanis charities- dr. Barton williams memorial hunt- south tipton county dugout club- tipton county naacp- brownsville- haywood county chamber of commerce- casa- pathways to possibilities- gina hollenbeck foundation- keys to success

Financial Efficiency

• Mission deployment rate: 74%; rating input score 74
• Program expense ratio: 96.8%; rating input score 97
• 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: 23.5%; rating input score 89; 89th percentile among comparable filings
• Total-asset coverage ratio: 0.92; rating input score 36; 36th percentile among comparable filings
• Liabilities to assets ratio: 0.1; rating input score 82; 82nd percentile among comparable filings
• Officer compensation ratio: 0.5%; rating input score 84; 84th percentile among comparable filings

Growth

• Program expense growth: 14.9% per year; rating input score 100; 87th percentile among comparable filings
• Revenue growth: 15.1% per year; rating input score 100; 89th percentile among comparable filings
• Asset growth: 15% per year; rating input score 100; 86th percentile among comparable filings