Coastal Community Health

What it reported doing in 2024

The regional affiliation of baptist health system, inc., jacksonville, Florida (fein 59-2487136) and southeast Georgia health system, inc., brunswick, ga (fein 58-1911751) was created to be able to accomplish certain things together, like improve clinical quality and overall patient care, share best practices, reduce healthcare costs, save money on supply chain purchases, and address pediatric health in the communities served. Some of the initiatives that were continued or developed during this tax year include the following: pediatric- the group established the nfl play 60 program, which addresses childhood obesity and overall physical fitness, in all the primary service counties. Also, kid fit, a program addressing healthy lifestyle choices and exercise, was implemented in glynn county, ga and in duval county, fl. Quality- the affiliates began sharing best practices to work to lower the incidents of hospital acquired infections. Tele-health consultations- these consultations began running for tele-stroke, tele-neurology, and tele-pediatrics programs between baptist health and southeast Georgia health system. Disaster planning- the affiliates implement the applicable portions of their mutual aid agreements during times of disaster. It - the collaboration efforts between the affiliate partners continued across topics of aligned technologies and interests to improve service and cost savings between the organizations. This is included an extensive partnership discussion surround the epic electronic health record application set within baptist health system, cybersecurity guidance, the impact to it staffing, business operations and an overall cost model for deployment and support. The session also included contracting guidance and opportunities for pricing improvement along with evaluation of shared staffing opportunities. The teams continue to share on common platforms impacting both organizations, such as erp, hcm and fm. Supply chain- the affiliates implemented contracts for supplies that created approximately $13.8 million in cumulative annual savings. Human resources- the affiliates worked to secure non-medical benefits and direct cost-savings to employees across the two health systems.

Financial Efficiency

• Mission deployment rate: 80%; rating input score 80
• Program expense ratio: 80%; rating input score 80
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 90%; rating input score 90; 4th 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: Limited
• Major donor itemization: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: 42.9%; rating input score 43; 7th percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • 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: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 0%; rating input score 33; 33rd percentile among comparable filings
• Total-asset coverage ratio: 0.11; rating input score 3; 3rd percentile among comparable filings
• Liabilities to assets ratio: 1; rating input score 5; 5th percentile among comparable filings
• Officer compensation ratio: 18.1%; rating input score 14; 14th percentile among comparable filings

Growth

• Program expense growth: 14% per year; rating input score 100; 75th percentile among comparable filings
• Revenue growth: 12.8% per year; rating input score 100; 77th percentile among comparable filings
• Asset growth: 9.6% per year; rating input score 100; 57th percentile among comparable filings