Baptist Health

What it reported doing in 2024

Southern baptist hospital of Florida, inc. (sbhf) is a subsidiary of baptist health system, inc. (baptist health), a tax-exempt parent company located in jacksonville, Florida. Sbhf is a tax-exempt organization that operates three acute care hospitals, baptist medical center (baptist jacksonville), baptist medical center south (baptist south), and baptist medical center clay (baptist clay); one children's hospital, wolfson children's hospital (wch); and five emergency centers, baptist emergency town center, baptist emergency center north, baptist emergency center oakleaf, and baptist emergency st. Augustine. The four hospitals have 521, 357, 102 and 257 licensed beds, respectively. Baptist jacksonville is a full-service, magnet-designated tertiary care hospital representing nearly all major specialties. This flagship hospital is also home to the baptist heart hospital, offering comprehensive, high-quality cardiovascular care. Wch is the only full-service tertiary hospital for children in the region, serving north Florida, south Georgia, and beyond. Wch is a pediatric trauma referral center and is recognized year after year as one of america's best children's hospitals by u.s. News & world report. Wch serves as the main teaching facility for the university of Florida college of medicine's pediatric residency training program. For fiscal year 2025, sbhf had 88,418 admissions accounting for 374,906 inpatient & observation days, 341,109 emergency room visits, and 44,611 surgeries. Sbhf's primary focus is addressing unmet health needs, particularly among vulnerable populations who have limited health resources and access to health care. Sbhf's community health efforts are guided by the community health committee, which is comprised of selected baptist health board members from across our health system. A cornerstone of sbhf's commitment to the community is caring for the health of vulnerable, uninsured and underserved people among us. During fiscal year 2025, sbhf provided the following uncompensated care and community benefit; (1) charity care - $55.1 million, (2) unreimbursed medicaid costs - $58.9 million, (3) unreimbursed medicare costs - $97.3 million, and (4) specific community programs - $12.1 million, for a total of $223.4 million of uncompensated care and community benefits. Southern baptist hospital of Florida, inc. And md anderson cancer center have united to create baptist md anderson cancer center. This partnership brings together md anderson's world-renowned cancer expertise and baptist health's comprehensive health system to create an unprecedented range of options for adult cancer patients in our region. The goal of the partnership is to provide the same high-level, multidisciplinary cancer care to patients in northeast Florida that is available to md anderson patients in houston. This includes all aspects along the continuum of cancer care -- patient care, research, education and prevention. The following are a subset of the awards and honors received by baptist health and/or the organizations entities in fy 2025 (10/01/24-9/30/25): a rating for the leapfrog hospital safety grades for multiple consecutive seasons; recognition from the american college of surgeons national surgical quality improvement program (acs nsqip) for commitment to continuous improvement in the quality of surgical care at baptist jacksonville, baptist south and wolfson children's; all five baptist health adult hospitals received the american heart association's get with the guidelines stroke gold plus quality achievement award - the highest level of distinction for stroke care - as well as the target: type 2 diabetes honor roll award, with baptist jacksonville also receiving the target: stroke honor roll elite plus and advanced therapy awards and baptist clay receiving the target: stroke honor roll elite award, while baptist south and baptist nassau both achieved the target: stroke honor roll award; baptist jacksonville was honored to earn th

Financial Efficiency

• Mission deployment rate: 67.7%; rating input score 68
• Program expense ratio: 85.6%; rating input score 86
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 92.3%; rating input score 92; 12th 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: 99.6%; rating input score 100; 42nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 85.7%; rating input score 86; 32nd percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • 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: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 23.4%; rating input score 89; 89th percentile among comparable filings
• Total-asset coverage ratio: 2.28; rating input score 67; 67th percentile among comparable filings
• Liabilities to assets ratio: 0.31; rating input score 54; 54th percentile among comparable filings
• Officer compensation ratio: 0.3%; rating input score 89; 89th percentile among comparable filings

Growth

• Program expense growth: 8.1% per year; rating input score 100; 64th percentile among comparable filings
• Revenue growth: 8.6% per year; rating input score 100; 70th percentile among comparable filings
• Asset growth: 8.4% per year; rating input score 100; 61st percentile among comparable filings