Overview
What is Bayhealth Medical Center Inc?
Bayhealth Medical Center Inc, based in Dover, Delaware, is a leading nonprofit healthcare organization comprising two acute-care hospitals: Kent General Hospital and Milford Memorial Hospital. With a combined total of 418 beds, they offer a comprehensive range of patient care, emergency services, and wellness programs. Their hospitals have Level III trauma centers and provide various medical and surgical services, including radiation oncology, cardiovascular services, and perinatology. In the twelve months ending June 30, 2022, they recorded an impressive 98,309 emergency room visits, 18,086 patient admissions, and 2,396 births. To address the shortage of healthcare professionals in their medically underserved area, Bayhealth actively recruits physicians and operates 40 physician practices in central and southern Delaware. Additionally, they provide an education program with health-related classes, support groups, and community events, offering care to all patients regardless of their ability to pay. Their mission is to strengthen the health of their community, one life at a time.
Official website here: www.bayhealth.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 80%, Three-Star out of Four Star rating.
Bayhealth Medical Center Inc has received an 80% score, reflecting a solid commitment to accountability and finance. This rating is derived from a comprehensive evaluation that focuses exclusively on financial metrics. The organization demonstrates strong transparency and responsible financial practices, with excellent scores across various components, including audit oversight and conflict of interest policies.
Strengths include a high program expense ratio of 69.39%, indicating that a significant portion of their budget is allocated to their mission-driven activities. Additionally, they have no material diversion of assets, showcasing effective stewardship of resources. The organization has also received full points for its governance practices, including whistleblower and document retention policies, which further enhance its credibility.
While the overall rating is commendable, it is important to note that the score is solely based on financial accountability, which means other aspects such as program impact and community engagement are not reflected. Stakeholders may want to consider these factors when assessing the overall effectiveness of Bayhealth Medical Center Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Bayhealth Medical Center Inc legitimate?
Bayhealth Medical Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bayhealth 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: $12,130,643
Professional Fundraising Fees: $0
Other Salaries and Wages: $388,852,830
For more financial information, click here
Official website here: www.bayhealth.org
What is the mission statement of Bayhealth Medical Center Inc?
Bayhealth Medical Center Inc is dedicated to enhancing the health of the community by focusing on individual lives. This non-profit organization offers a comprehensive range of patient care, emergency services, and wellness programs. With two acute-care hospitals and multiple outpatient sites, Bayhealth provides surgical and medical care, including cardiovascular services, endovascular surgery, and perinatology services. In the past year, they have treated over 100,000 patients and provided $85.3 million in uncompensated care. Bayhealth is actively recruiting healthcare professionals to address the shortage in the area and operates 40 physician practices in central and southern Delaware. They engage in community education through health-related classes, support groups, and public screenings. Regardless of a patient's ability to pay, Bayhealth ensures access to essential healthcare services.
Official website here: www.bayhealth.org
Who is the CEO of Bayhealth Medical Center Inc?
Terry M Murphy is the Chair & Ceo of Bayhealth Medical Center Inc. The CEO's salary of Bayhealth Medical Center Inc is $1,441,704 and their total compensation is $1,515,431.
Official website here: www.bayhealth.org
What is the revenue of Bayhealth Medical Center Inc?
Bayhealth Medical Center Inc's revenue in 2022 was $960,380,651.
Official website here: www.bayhealth.org
Who are the executives of Bayhealth Medical Center Inc and what are their salaries?
The average compensation at Bayhealth Medical Center Inc during 2022 was $79,246. There are 5060 employees and 177 volunteers at Bayhealth Medical Center Inc.
Here are 20 key members and their salaries (Bayhealth Medical Center Inc's CEO's salary is $1,441,704 and their total compensation is $1,515,431):
- Compensation: $1,441,704
- Related: $0
- Other: $73,727
- Compensation: $711,479
- Related: $0
- Other: $76,477
- Compensation: $688,304
- Related: $0
- Other: $64,478
- Compensation: $323,836
- Related: $0
- Other: $54,107
- Compensation: $194,264
- Related: $0
- Other: $53,159
- Compensation: $853,260
- Related: $0
- Other: $65,314
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $447,014
- Related: $0
- Other: $73,627
- Compensation: $380,442
- Related: $0
- Other: $37,860
- Compensation: $367,199
- Related: $0
- Other: $64,361
- Compensation: $443,737
- Related: $0
- Other: $73,723
- Compensation: $382,432
- Related: $0
- Other: $69,720
- Compensation: $344,277
- Related: $0
- Other: $63,504
- Compensation: $1,236,595
- Related: $0
- Other: $64,478
- Compensation: $841,042
- Related: $0
- Other: $65,678
- Compensation: $926,490
- Related: $0
- Other: $57,127
- Compensation: $862,892
- Related: $0
- Other: $53,617
- Compensation: $815,906
- Related: $0
- Other: $59,085
Official website here: www.bayhealth.org
Where can I find the form 990 for Bayhealth Medical Center Inc?
Bayhealth Medical Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bayhealth.org
Learn more at the official website: www.bayhealth.org
Mission Statement of Bayhealth Medical Center Inc
Bayhealth Medical Center Inc, a leading healthcare provider, is dedicated to enhancing the health and wellbeing of the community, one life at a time. With a mission that resonates deeply, the organization goes above and beyond to provide comprehensive patient care, emergency services, and wellness programs.
The nonprofit organization operates two acute-care hospitals: Kent General Hospital and Milford Memorial Hospital, with a combined total of 418 beds. Both hospitals offer a full range of surgical and medical services, including radiation/medical oncology, infusion therapy, cardiovascular services, endovascular surgery, and electrophysiology. Kent Campus boasts a Level II NICU. In the twelve months ending June 30, 2022, Bayhealth recorded a total of 66,091 emergency room visits, admitted 12,084 patients to beds, welcomed 1,694 new births, and served 335,968 outpatient visits.
Despite these impressive numbers, Bayhealth Medical Center Inc. remains committed to providing care for all, regardless of their ability to pay. The organization's unwavering dedication to the community is further demonstrated through its affiliations with the University of Pennsylvania's Penn Health in cardiology, oncology, and orthopedics. Bayhealth offers physician and medical clinical rotations, housing, and meals for interns and residents from surrounding states. In FY 2022, the organization hosted students from vocational schools, community colleges, and universities for clinical rotations in nursing and other health professions. Actively recruiting physicians to the area and owning and operating 40 physician practices in central and southern Delaware are just a few of the ways Bayhealth is addressing the shortage of health professionals in the medically underserved service area.
In addition to these initiatives, Bayhealth Medical Center, Inc. maintains an active education program that includes health-related classes, support groups, free public screenings, free speakers for community groups, and representation at community events. This holistic approach to healthcare aims to not only address the immediate medical needs of the community but also promote long-term health and wellbeing.
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Impact
October, 2024
Bayhealth Medical Center Inc significantly impacts the community by providing a comprehensive range of healthcare services that prioritize the well-being of individuals and families. With a total of 418 beds distributed across Kent General Hospital in Dover and Milford Memorial Hospital, Bayhealth is well-equipped to handle a variety of medical needs, including emergency care, surgical services, and specialized treatment options such as oncology and cardiology.
In the last fiscal year, Bayhealth recorded over 66,000 emergency room visits at its Kent campus and facilitated nearly 1,700 births, highlighting its critical role in addressing urgent and essential healthcare demands. Additionally, the center offers outpatient services that accounted for over 335,000 visits, reflecting its commitment to accessible healthcare for the community.
For patients who face financial challenges, Bayhealth provided an astounding $85.3 million in unreimbursed care, ensuring that all individuals receive the medical attention they need, regardless of their ability to pay. This approach nurtures a healthier society, particularly in a medically underserved area where healthcare professionals are in short supply.
Bayhealth also invests in the future of healthcare by actively recruiting physicians and hosting clinical rotations for interns and residents, thereby bolstering the local healthcare workforce. Their educational initiatives, which include free screenings, health classes, and community representation, further strengthen community ties and raise awareness about health-related issues.
By fostering collaborations with academic institutions and engaging in continuous community education, Bayhealth Medical Center Inc plays a vital role in not only treating health conditions but also promoting overall wellness in the region. In essence, Bayhealth's operations directly contribute to the enhancement of public health and the quality of life for residents in central and southern Delaware.
This information is meant to be a general summary of Bayhealth 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: $50,387,709
- Program Service Revenue: $878,224,968
- Gross Receipts: $1,228,095,417
Assets and Liabilities:
- Total Assets: $1,606,236,701
- Total Liabilities: $493,848,234
- Net Assets: $1,112,388,467
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT CHARGES
Revenue
$867,513,256
PHARMACY
Revenue
$10,668,383
HEALTH & WELLNESS PROGRAM
Revenue
$43,329
Organization Details
Founding Year
1943
Phone
(302) 744-7162Principal Officer
Terry M Murphy
Main Address
640 SOUTH STATE STREET, DOVER, DE, 19901
Website
www.bayhealth.orgNTEE Category
Code: E220 - Health
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