Overview
What is Bartow Regional Medical Center Inc?
Bartow Regional Medical Center Inc, established in 2016, is a 72-bed community hospital located at 2200 Osprey Blvd in Bartow, Florida (ZIPCd 33830). As a full-service health care provider, they delivered inpatient care to 3,126 patients and treated 38,130 patients in their emergency department during the year 2022. Their commitment to the community is evident through their significant community benefit expenses, totaling approximately $8.87 million, and additional services worth $1.09 million. Bartow Regional Medical Center's mission is to enhance the health and wellbeing of the community through high-quality, compassionate care services, as stated by their mission description: "To improve the health of all we serve through community-owned health care services that set the standard for high-quality, compassionate care." With a team of 568 employees, they strive to make a positive impact on the lives of those in the Bartow area.
Official website here: www.baycare.org/brmc
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating.
Bartow Regional Medical Center Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization's score is solely derived from its accountability and finance metrics, indicating a high level of transparency and effective governance practices.
Among its strengths, the nonprofit demonstrates a robust independent board composition with 87% of its members being independent. Additionally, the financial oversight measures are commendable, marked by no material diversion of assets and a favorable liabilities to assets ratio of 3.39%. The organization maintains comprehensive policies such as conflict of interest and whistleblower protections, which reinforce its dedication to ethical operations.
While the financial ratios indicate a solid operational structure, the high program expense ratio of 84.26% suggests that a significant portion of its budget is dedicated to program services, which may leave less flexibility for administrative costs. Overall, Bartow Regional Medical Center Inc appears to be a well-managed nonprofit with a strong focus on accountability and service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Bartow Regional Medical Center Inc legitimate?
Bartow Regional Medical Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bartow Regional Medical Center Inc 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: $188,039
Professional Fundraising Fees: $0
Other Salaries and Wages: $31,978,721
For more financial information, click here
Official website here: www.baycare.org/brmc
What is the mission statement of Bartow Regional Medical Center Inc?
Bartow Regional Medical Center Inc is dedicated to enhancing the health and wellbeing of the community it serves. Through its community-owned healthcare services, the organization sets a high standard for delivering quality and compassionate care. In 2022, the hospital provided inpatient treatment to over 3,000 patients and emergency care to nearly 40,000 individuals. The medical center's commitment to community extends beyond its clinical services, with a net community benefit expense of approximately $8.87 million. Additionally, Bartow Regional Medical Center offered other community services, contributing approximately $1.09 million. The hospital's mission remains focused on improving the health of all it serves through its compassionate and high-quality care.
Official website here: www.baycare.org/brmc
Who is the CEO of Bartow Regional Medical Center Inc?
Unavailable
Official website here: www.baycare.org/brmc
What is the revenue of Bartow Regional Medical Center Inc?
Bartow Regional Medical Center Inc's revenue in 2022 was $94,968,523.
Official website here: www.baycare.org/brmc
Who are the executives of Bartow Regional Medical Center Inc and what are their salaries?
The average compensation at Bartow Regional Medical Center Inc during 2022 was $56,632. There are 568 employees and 27 volunteers at Bartow Regional Medical Center Inc.
Here are 26 key members and their salaries:
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- Other: $0
- Compensation: $0
- Related: $3,983,800
- Other: $133,160
- Compensation: $0
- Related: $864,100
- Other: $98,039
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- Related: $466,102
- Other: $71,035
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- Compensation: $0
- Related: $531,185
- Other: $111,257
- Compensation: $173,292
- Related: $0
- Other: $14,747
- Compensation: $179,397
- Related: $0
- Other: $17,263
- Compensation: $144,678
- Related: $0
- Other: $34,466
- Compensation: $281,649
- Related: $0
- Other: $26,743
- Compensation: $180,446
- Related: $28,441
- Other: $23,129
- Compensation: $164,274
- Related: $0
- Other: $22,380
- Compensation: $0
- Related: $668,077
- Other: $73,358
Official website here: www.baycare.org/brmc
Where can I find the form 990 for Bartow Regional Medical Center Inc?
Bartow Regional Medical Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.baycare.org/brmc
Learn more at the official website: www.baycare.org/brmc
Mission Statement of Bartow Regional Medical Center Inc
Bartow Regional Medical Center Inc, a leading community-owned healthcare provider, is dedicated to enhancing the health and wellbeing of all it serves. Through its mission, the organization sets the bar high for delivering top-notch, compassionate care. Established in 2016, Bartow Regional Medical Center has made significant strides since its inception, providing essential medical services to 3,126 inpatients and treating an impressive 38,130 patients in the emergency department within a year. The hospital's commitment to the community extends beyond clinical care, as evidenced by its net community benefit expense of approximately $8.87 million. This investment in the community's health is a testament to Bartow Regional Medical Center's unwavering dedication to improving the overall health of those it serves. In addition, the hospital provides other valuable community services, totaling $1.09 million, further emphasizing its commitment to enhancing the lives of its patients and the community at large.
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Impact
October, 2024
Bartow Regional Medical Center Inc significantly impacts the community by providing essential health care services that prioritize quality and compassion. As a full-service, 72-bed hospital, it serves as a critical resource for the city of Bartow, Florida. In 2022, the center treated over 3,100 inpatients and addressed more than 38,000 emergency room visits, underscoring its pivotal role in addressing the health needs of the population.
In addition to acute and emergency care, Bartow Regional Medical Center is deeply committed to enhancing community well-being through its charitable initiatives. The hospital's medical assistance and charity care programs yielded a remarkable net community benefit expense of approximately $8.87 million. This financial support reflects an unwavering dedication to helping those who may otherwise lack access to necessary medical services.
Furthermore, the hospital's contribution of over $1.09 million towards community services showcases its active involvement in promoting health beyond traditional clinical settings. Collectively, these efforts position Bartow Regional Medical Center as a cornerstone of health care and community support, fostering a healthier environment for all those it serves.
This information is meant to be a general summary of Bartow Regional Medical Center Inc. 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: $1,950
- Program Service Revenue: $94,317,396
- Gross Receipts: $94,968,523
Assets and Liabilities:
- Total Assets: $127,369,625
- Total Liabilities: $4,322,305
- Net Assets: $123,047,320
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOSPITAL PATIENT CARE
Revenue
$49,941,495
MEDICARE/ MEDICAID PAYMENT
Revenue
$44,108,260
RENTAL INCOME FROM AFFILIATE
Revenue
$267,641
Organization Details
Founding Year
2015
Phone
(863) 533-8111Main Address
2200 Osprey Blvd, Bartow, FL, 33830
Website
www.baycare.org/brmcNTEE Category
Code: E20 - Health
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