Overview
What is Baylor Scott & White Holdings?
Baylor Scott & White Holdings (BSW Holdings) is a faith-based, nonprofit organization headquartered in Dallas, Texas. The organization acts as the ultimate parent corporation, governing and strategically planning for the Baylor Scott & White Health system (BSWH), a renowned network of hospitals and healthcare entities. With over 1,200 access points across Texas, including 51 hospitals, various clinics, and numerous healthcare professionals, BSWH offers quality patient care, medical education, research, and community services. BSWH, the largest nonprofit health care system in Texas and one of the largest in the United States, was born from the merger of Baylor Health Care System and Scott & White Healthcare in 2013. With a team of over 7,000 active physicians, BSWH operates a health maintenance organization and an accountable care organization, collectively serving over 1,000,000 lives. BSW Holdings' leadership is comprised of independent community representatives who oversee the organization's mission and provide administrative support. Founded as a Christian ministry, Baylor Scott & White Health aims to enhance the well-being of individuals, families, and communities. The nonprofit offers access to healthcare for the indigent and underserved population through its affiliated providers. In the 2020 reported data, BSWH's nonprofit hospitals provided community benefits worth approximately $1.5 billion, which included the cost of charity care, Medicaid, Medicare, and other community services.
Official website here: www.bswhealth.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Baylor Scott & White Holdings has received a Three-Star rating from Charity Navigator, indicating a relatively solid performance in terms of accountability and finance. The rating reflects a comprehensive evaluation based solely on financial metrics, showing that the organization is managing its resources effectively. Notably, the charity scored well in areas such as independent board membership and financial oversight, which contribute positively to its overall accountability.
The organization exhibits strong governance practices, with a fully independent board and a robust audit and oversight committee. Additionally, they have established critical policies related to conflict of interest, whistleblower protections, and document retention, ensuring transparency and ethical management. The program expense ratio is commendable at 80.84%, illustrating that a significant portion of expenses is directed towards its programs and services.
However, a notable area of concern is the liabilities to assets ratio, which stands at 99.34%. This could indicate potential financial strain or risk, warranting attention for future operational sustainability. Overall, while Baylor Scott & White Holdings demonstrates strong accountability and effective governance, it may need to address its financial liabilities to enhance its long-term stability.
This AI summary has been generated from information found on Charity Navigator.
Is Baylor Scott & White Holdings legitimate?
Baylor Scott & White Holdings is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baylor Scott & White Holdings submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $28,778,569
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,538,727
For more financial information, click here
Official website here: www.bswhealth.com
What is the mission statement of Baylor Scott & White Holdings?
Baylor Scott & White Holdings, a faith-based organization, serves as the parent corporation for a vast network of acute care hospitals and related healthcare entities. Founded with a mission of healing, the organization is dedicated to promoting the well-being of individuals, families, and communities. Through its network, Baylor Scott & White Health offers quality patient care, medical education, medical research, and community services. Committed to charitable work, the organization provides access to healthcare for the indigent and underserved population. Baylor Scott & White's nonprofit hospitals reported community benefits totaling over $1.5 billion, which includes the cost of charity care, Medicaid, Medicare, and other community services. The organization's governing body is comprised of volunteer community representatives who ensure it stays true to its mission and provides efficient administrative support.
Official website here: www.bswhealth.com
Who is the CEO of Baylor Scott & White Holdings?
Peter Mccanna is the President/Ceo of Baylor Scott & White Holdings. The CEO's salary of Baylor Scott & White Holdings is $2,857,510 and their total compensation is $3,625,694.
Official website here: www.bswhealth.com
What is the revenue of Baylor Scott & White Holdings?
Baylor Scott & White Holdings's revenue in 2022 was $142,960,219.
Official website here: www.bswhealth.com
Who are the executives of Baylor Scott & White Holdings and what are their salaries?
The average compensation at Baylor Scott & White Holdings during 2022 was $1,753,542. There are 19 employees and 15 volunteers at Baylor Scott & White Holdings.
Here are 42 key members and their salaries (Baylor Scott & White Holdings's CEO's salary is $2,857,510 and their total compensation is $3,625,694):
- Compensation: $6,724,592
- Related: $0
- Other: $387,496
- Compensation: $2,857,510
- Related: $0
- Other: $768,184
- Compensation: $1,958,461
- Related: $0
- Other: $430,474
- Compensation: $1,738,877
- Related: $0
- Other: $418,925
- Compensation: $0
- Related: $1,524,850
- Other: $361,208
- Compensation: $1,473,245
- Related: $0
- Other: $410,789
- Compensation: $1,710,126
- Related: $0
- Other: $0
- Compensation: $1,394,967
- Related: $0
- Other: $299,703
- Compensation: $1,333,684
- Related: $0
- Other: $336,254
- Compensation: $1,183,811
- Related: $0
- Other: $300,433
- Compensation: $1,169,406
- Related: $0
- Other: $248,474
- Compensation: $904,276
- Related: $0
- Other: $242,737
- Compensation: $914,692
- Related: $0
- Other: $221,353
- Compensation: $0
- Related: $1,098,786
- Other: $36,528
- Compensation: $1,077,521
- Related: $0
- Other: $0
- Compensation: $0
- Related: $932,964
- Other: $130,508
- Compensation: $937,970
- Related: $0
- Other: $69,145
- Compensation: $951,420
- Related: $0
- Other: $0
- Compensation: $0
- Related: $781,440
- Other: $106,569
- Compensation: $741,516
- Related: $0
- Other: $102,140
- Compensation: $0
- Related: $684,292
- Other: $137,735
- Compensation: $695,882
- Related: $0
- Other: $0
- Compensation: $684,562
- Related: $0
- Other: $0
- Compensation: $513,016
- Related: $137,536
- Other: $30,415
- Compensation: $578,603
- Related: $0
- Other: $93,127
- Compensation: $0
- Related: $516,517
- Other: $38,357
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.bswhealth.com
Where can I find the form 990 for Baylor Scott & White Holdings?
Baylor Scott & White Holdings's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bswhealth.com
Learn more at the official website: www.bswhealth.com
Mission Statement of Baylor Scott & White Holdings
Baylor Scott & White Holdings, a faith-based organization, serves as the parent corporation to a network of hospitals and healthcare entities. Established with a mission to promote the well-being of individuals, families, and communities, the organization was founded on Christian principles of healing.
BSW Holdings provides overall governance, strategic planning, and supportive services for the Baylor Scott & White Health system, which encompasses over 1,200 patient access points, including 51 hospitals, various clinics, and thousands of physicians. With a commitment to offering quality healthcare, the nonprofit organization also extends access to free or discounted health care to the indigent and underserved population through its affiliated healthcare providers.
BSW Holdings' governing body, comprised of independent community representatives, ensures the organization remains true to its mission and charitable purpose while providing administrative support services. The system's hospitals reported community benefits of nearly $1 billion, covering the cost of charity care, Medicaid, Medicare, and other community services. Through its charitable mission, the organization strives to enhance the well-being of those it serves.
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Impact
October, 2024
Baylor Scott & White Holdings significantly impacts the health care landscape in North and Central Texas through its expansive network of hospitals and health care services. Serving as the parent corporation for Baylor Scott & White Health, it oversees a comprehensive system that includes 51 hospitals, hundreds of specialty and outpatient clinics, and various health care facilities, ensuring that quality patient care is accessible to a diverse population.
With a commitment to medical education and research, the organization not only treats patients but also contributes to the healthcare knowledge base, training future medical professionals and driving innovations in patient care. Over 7,000 active physicians operate within this vast network, collaborating to provide comprehensive health services that address the needs of the community.
Baylor Scott & White Holdings is also renowned for its dedication to community service. It plays a crucial role in supporting underserved and indigent populations, providing significant community benefits that amount to hundreds of millions annually. This includes free or discounted care for those in need, as well as participating in Medicaid and other community assistance programs.
Through its faith-based mission, the organization emphasizes holistic well-being, aiming to improve the health of individuals, families, and communities alike. This approach not only promotes physical health but also nurtures emotional and spiritual well-being, reinforcing its status as a pillar of health care in Texas. By consistently delivering high-quality care and supporting various community initiatives, Baylor Scott & White Holdings makes a lasting impact on the health and wellness of the regions it serves.
This information is meant to be a general summary of Baylor Scott & White Holdings. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $99,184,285
- Program Service Revenue: $43,775,934
- Gross Receipts: $791,255,135
Assets and Liabilities:
- Total Assets: $7,882,176,162
- Total Liabilities: $7,893,805,253
- Net Assets: -$11,629,091
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Corporate Services
Revenue
$44,518,850
Affiliate Income
Revenue
-$742,916
Organization Details
Founding Year
2013
Phone
(214) 820-4135Principal Officer
Peter Mccanna
Main Address
301 N Washington Avenue, Dallas, TX, 75246
Website
www.bswhealth.comNTEE Category
Code: E21 - Health
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