Baylor Scott & White Health

What it reported doing in 2024

See Schedule OBaylor Medical Center at Waxahachie dba Baylor Scott & White Medical Center - Waxahachie (BSW Waxahachie) is a faith-based, nonprofit, 134-bed acute care hospital providing exemplary patient care services to the residents of Ellis County and the surrounding rural communities in North Texas.BSW Waxahachie is affiliated with Baylor Scott & White Health (BSWH), a faith-based nationally acclaimed network of acute care hospitals and related health care entities providing quality patient care, medical education, medical research and other community services to the residents of North and Central Texas. As the largest not-for-profit health care system in Texas and one of the largest in the United States, BSWH was born from the 2013 combination of Baylor Health Care System and Scott & White Healthcare. Today, BSWH has over 1,300 patient access points including 53 hospitals, 600+ specialty care clinics, 250+ outpatient clinics, 150+ primary care clinics, 29 pharmacies, 30+ ambulatory surgery centers, 60+ urgent care clinics, and over 7,300 active physicians. The system also includes a state certified health maintenance organization, the Scott and White Health Plan and the Baylor Scott & White Quality Alliance accountable care organization both covering approximately 1,200,000 lives.BSW Waxahachie has proudly served the residents of Ellis County for more than 100 years. The full-service medical center has multiple specialties and a 35-bed Emergency Department. Key service line offerings include cancer care, digestive disease, emergency services, cardiovascular care, imaging, neurosciences, orthopedics, women and infant services, and women's imaging. BSW Waxahachie is a Magnet recognized facility, a designated Primary Stroke Center, accredited by the Commission on Cancer, and holds Level IV Trauma and Level II Maternity Designations.During the fiscal year, BSW Waxahachie admitted 9,109 patients resulting in 41,026 days of care; delivered 1,366 babies and received 53,053 emergency department visits. Additionally, BSW Waxahachie provided community benefits (as reported to the Texas Department of State Health Services and in accordance with the State of Texas Statutory methodology) of $53,547,971 and provided community benefits (as reported on the IRS Form 990, Schedule H) of $16,388,061 during the tax year. The Texas Annual Statement of Community Benefit Standard includes approximately $34,214,265 of unreimbursed cost of Medicare that is not included in the IRS Form 990, Schedule H.See Schedule H for more information regarding these services and how BSW Waxahachie promotes the health of the communities.

Financial Efficiency

• Mission deployment rate: 72.5%; rating input score 72
• Program expense ratio: 87.8%; rating input score 88
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 92.9%; rating input score 93; 17th percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 97.6%; rating input score 98; 33rd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 77.8%; rating input score 78; 26th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 21.9%; rating input score 88; 88th percentile among comparable filings
• Total-asset coverage ratio: 1.88; rating input score 61; 61st percentile among comparable filings
• Liabilities to assets ratio: 0.07; rating input score 86; 86th percentile among comparable filings
• Officer compensation ratio: 1.6%; rating input score 64; 64th percentile among comparable filings

Growth

• Program expense growth: 10.6% per year; rating input score 100; 76th percentile among comparable filings
• Revenue growth: 10.8% per year; rating input score 100; 79th percentile among comparable filings
• Asset growth: 11.5% per year; rating input score 100; 77th percentile among comparable filings