Hillcrest Physician Services

What it reported doing in 2024

See Schedule OHillcrest Physician Services (HPS) is a faith-based, nonprofit physician group providing exemplary patient care services to the residents of McLennan County and the surrounding communities since 2000 and is a key component in fulfilling the overall charitable mission of Baylor Scott & White Health (BSWH). HPS is affiliated with 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 more than 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 over 1,200,000 lives.HPS is one of the BSWH's physician practice groups in the Waco area of central Texas. Specialists employed by HPS provide all of the trauma and neurosurgical call coverage for the Level II Trauma Center located at BSW Hillcrest. HPS also provides 24 hours a day hospitalist coverage for BSW Hillcrest. During the fiscal year HPS provided 180,405 patient visits.HPS is committed to offering access to quality health care including providing free or discounted health care to the indigent, the underserved population and persons covered by government sponsored indigent health care and other government sponsored programs. During the fiscal year HPS provided free or discounted care totaling more than $947,950 to indigent patients qualifying under the financial assistance policy.Also, as part of its mission and charitable purpose, HPS develops, implements and operates innovative strategies and programs that create access to health services, provide equitable care and improves health outcomes for the indigent and the medically underserved population. These activities include wellness programs, community education programs, special programs for the elderly, handicapped and medically underserved and a variety of broad community support activities.

Financial Efficiency

• Mission deployment rate: 95.5%; rating input score 95
• Program expense ratio: 95.8%; rating input score 96
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th 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: 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: 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: 0.3%; rating input score 33; 33rd percentile among comparable filings
• Total-asset coverage ratio: 0.16; rating input score 4; 4th percentile among comparable filings
• Liabilities to assets ratio: 1; rating input score 7; 7th percentile among comparable filings
• Officer compensation ratio: 23.4%; rating input score 0; 0th percentile among comparable filings

Growth

• Program expense growth: 8.9% per year; rating input score 100; 69th percentile among comparable filings
• Revenue growth: 10.7% per year; rating input score 100; 79th percentile among comparable filings
• Asset growth: 11.3% per year; rating input score 100; 76th percentile among comparable filings