Baptist Medical Group

What it reported doing in 2024

Baptist memorial medical group, inc. Provides ambulatory services in support of its mission of providing health care to the community. Baptist memorial medical group, inc. Offers medical care that reflects the three-fold ministry of christ-preaching, teaching and healing, and is committed to providing quality care to the communities it serves. Baptist memorial medical group, inc. Offers medical care to persons living in areas of Arkansas, Tennessee, and Mississippi, who are currently underserved by the most basic of health care services. Baptist memorial medical group, inc. Uses its services as a means of providing quality health care to everyone in the community. The patient-focused health care is delivered in a friendly, compassionate, and responsive manner as reflected in the "service first" philosophy of the entire baptist memorial health care system: respect for the individual and the value of diversity, trust and teamwork, and continuous improvement. The resources of baptist memorial health care corporation, the sole member of baptist memorial medical group, inc., and its affiliates are available to identify and place primary care practitioners and specialists in areas where they are most needed. In addition, baptist memorial medical group, inc. Recruits and supports physicians moving to rural, underserved areas in Arkansas, Tennessee, and Mississippi. Financial support is necessary to aid physicians beginning their practice in underserved areas. The presence of these physicians in the area makes it possible for residents to avoid travel to neighboring communities to receive basic health care services. Baptist memorial medical group, inc. Is a multispecialty physician group with more than 500 physicians representing over 40 specialties including pediatrics, family practice, oncology, women's health, neurology, gastroenterology, cardiology, and orthopaedic surgery, to name a few. Baptist memorial medical group, inc. Provides care to persons covered by governmental programs from which we may receive 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 medical group, 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 $137,740,150.charity care is provided through many reduced-price services and free programs offered throughout the year based upon activities and services which baptist memorial medical group, inc. Believes will serve a bona fide community health need. Through its affiliation with baptist memorial health care corporation and its affiliated baptist memorial hospitals in Arkansas, Tennessee, and Mississippi, baptist memorial medical group, inc. Provides the following programs and services for the community: - community health fairs - physical exams for students active in competitive sports - Tennessee nursing association meetings - educational classes, shadowing and mentoring opportunities for students - provision of staff nurses to help with senior citizens' health fair - employee activities to raise money for united way, american heart association, and various other charitable events - provision of physicians for speaking engagements on topical health issues to the community

Financial Efficiency

• Mission deployment rate: 95%; rating input score 95
• Program expense ratio: 81%; rating input score 81
• 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: 0%; rating input score 0; 4th 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: -17.2%; rating input score 4; 4th percentile among comparable filings
• Total-asset coverage ratio: 1.65; rating input score 57; 57th percentile among comparable filings
• Liabilities to assets ratio: 1.9; rating input score 2; 2nd percentile among comparable filings
• Officer compensation ratio: 5.6%; rating input score 13; 13th percentile among comparable filings

Growth

• Program expense growth: 8.7% per year; rating input score 100; 68th percentile among comparable filings
• Revenue growth: 12.1% per year; rating input score 100; 83rd percentile among comparable filings
• Asset growth: 11% per year; rating input score 100; 74th percentile among comparable filings