Baptist Memorial Regional Rehabilitation Services Inc

What it reported doing in 2024

Baptist memorial regional rehabilitation services, inc. Provides rehabilitation services and medical health care to patients 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 regional rehabilitation services, 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 regional rehabilitation services, 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 regional rehabilitation services, 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 regional rehabilitation services, 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 $20,857,752.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 regional rehabilitation services, inc. Believes will serve a bona fide community health need. Baptist memorial restorative care hospital, a division of baptist memorial regional rehabilitation services, inc., is a 30-bed, long-term, acute-care hospital located within baptist memorial hospital-memphis. It is designed specifically for patients who require continued care over an extended length of time. Most of baptist memorial restorative care hospital's patients are admitted from the intensive care and subacute care units. Most patients stay at least four weeks. The hospital provides a multidisciplinary approach for weaning patients from the ventilator and our wound care program. Baptist memorial restorative care hospital serviced over 156 patient discharges during the fiscal year ended september 30, 2025. Baptist memorial regional rehabilitation services, inc. Also provides a number of services in the community, primarily in the areas of health education and school programs. Baptist memorial regional rehabilitation services, inc. Offers many support groups such as the stroke and diabetes support groups. Baptist memorial regional rehabilitation services, inc. Also participates and supports its parent, baptist memorial health care corporation, in many special activities such as adopt-a-school, donations of cash, equipment and volunteer time, as well as, health fairs, diabetes screenings and others.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 89.8%; rating input score 90
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd 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: Limited
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 42.9%; rating input score 43; 7th 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: -36.9%; rating input score 3; 3rd percentile among comparable filings
• Total-asset coverage ratio: 0.18; rating input score 5; 5th percentile among comparable filings
• Liabilities to assets ratio: 19.85; rating input score 0; 0th percentile among comparable filings
• Officer compensation ratio: 14.4%; rating input score 20; 20th percentile among comparable filings

Growth

• Program expense growth: -10.2% per year; rating input score 0; 3rd percentile among comparable filings
• Revenue growth: -12% per year; rating input score 0; 1st percentile among comparable filings
• Asset growth: -12.2% per year; rating input score 0; 1st percentile among comparable filings