Baptist Memorial Hospital-union County Inc

What it reported doing in 2024

Baptist memorial hospital-union county, 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-union county, inc., it is recognized that not all individuals possess the ability to purchase essential medical services, and further, that the mission of baptist memorial hospital-union county, inc. 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-union county, 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-union county, inc.'s program services as of september 30, 2025 included the following:- the skilled nursing department had 12,937 patient days at a cost of $13,126,500.- the surgery department performed 3,152 procedures at a cost of $8,769,319.- the pharmacy department dispensed medication at a cost of $7,273,251.- the radiology department performed 69,138 procedures at a cost of $4,119,330.- the lab department performed 401,577 procedures at a cost of $8,029,074.- the oncology departments performed procedures and had clinics at a cost of $102,802,454.baptist memorial hospital-union county, inc. Serviced 3,374 inpatients and provided 124,407 outpatient visits during fiscal year 2025.baptist memorial hospital-union county, 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-union county, inc. Recognizes these amounts as charity care in meeting its mission to the entire community. During the year ended september 30, 2025, the unreimbursed value of providing care to these patients was $499,765,340. 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-union county, inc. Believes will serve a bona fide community health need.baptist memorial hospital-union county, inc. Has provided a number of services in the community, some of which include the following:- representatives who spoke free of charge and provided important health educational materials to various community groups, churches, industries, and schools throughout the year.- multiple health fairs in various sectors of the community, including schools and businesses.- sponsored healthy lifestyle programs.- provided flu vaccinations for new albany school staff, area businesses and clinics, and industries. - hosted multiple blood drives for staff and the community throughout the year.- provided various free or reduced-price classes to the community throughout the year, which included the following: - cpr and first aid - stop-the-bleed classes - ostomy support group meetings - diabetes management classesbaptist memorial hospital-union county, inc. Offered reduced pricing for heartscore cardiac calcium screenings for national heart month. Heart health education was presented to third graders at new albany elementary school to instill the importance of making healthy choices.baptist memorial hospital-union county, inc. Participated in multiple health fairs in the community including on-site screenings for employees at new albany schools a

Financial Efficiency

• Mission deployment rate: 73.3%; rating input score 73
• Program expense ratio: 91.6%; rating input score 92
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 93.3%; rating input score 93; 21st 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: 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: 19.9%; rating input score 87; 87th percentile among comparable filings
• Total-asset coverage ratio: 0.74; rating input score 29; 29th percentile among comparable filings
• Liabilities to assets ratio: 0.13; rating input score 79; 79th percentile among comparable filings
• Officer compensation ratio: 0.9%; rating input score 76; 76th percentile among comparable filings

Growth

• Program expense growth: 13.2% per year; rating input score 100; 84th percentile among comparable filings
• Revenue growth: 10% per year; rating input score 100; 77th percentile among comparable filings
• Asset growth: 3.5% per year; rating input score 100; 24th percentile among comparable filings