Overview
What is Baptist Health Regional Hospitals?
Baptist Health Regional Hospitals is a nonprofit healthcare organization based in Little Rock, Arkansas. They provide comprehensive healthcare services to individuals in the community, regardless of their race, creed, sex, national origin, disability, age, or ability to pay. Financial stability is crucial to the hospital for continued operation and the provision of new services and technology, but they recognize that not all individuals can afford healthcare and essential medical services. In keeping with their commitment to the community, they offer free and subsidized care to those who cannot pay, discounted rates for persons covered by governmental programs, and health education and programs to enhance the community's overall health status. These services and programs are provided where there is a need and an individual's inability to pay exists. The organization served 12,844 inpatients, 133,987 outpatients, and 72,423 emergency room visits during 2022. Their mission is to provide quality patient-centered services in Fort Smith and Van Buren, Arkansas, with Christian compassion and personal concern, consistent with their charitable purposes.
Official website here: www.baptist-health.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Baptist Health Regional Hospitals has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement with an overall score of 66%. The organization shows strengths in areas such as financial oversight, with a perfect score for their audit and oversight committee and strong program expense ratio, demonstrating efficient allocation of funds towards their services. However, the lack of independent board members raises concerns about governance and accountability.
The financial metrics reflect a significant liability-to-asset ratio of 114.28%, which suggests potential financial instability. While the organization has implemented essential policies, such as conflict of interest and whistleblower policies, it has failed to make its tax form available on its website, which is an important transparency measure. The absence of independent board members is a critical drawback that may impact the effectiveness of its governance.
In summary, while Baptist Health Regional Hospitals excels in program expenses and maintains essential financial oversight, it faces serious challenges in board independence and transparency. Stakeholders may want to consider these factors when assessing the organization’s overall effectiveness and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Baptist Health Regional Hospitals legitimate?
Baptist Health Regional Hospitals is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baptist Health Regional Hospitals 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: $165,387
Professional Fundraising Fees: $0
Other Salaries and Wages: $103,226,724
For more financial information, click here
Official website here: www.baptist-health.com
What is the mission statement of Baptist Health Regional Hospitals?
Baptist Health Regional Hospitals is dedicated to delivering quality, patient-centered healthcare services with Christian compassion and personal concern, in line with their charitable purposes. They provide comprehensive healthcare to individuals regardless of race, creed, sex, national origin, disability, age, or ability to pay. The organization recognizes that not everyone can afford healthcare and essential medical services. To serve the community effectively, Baptist Health Regional Hospitals offer free and subsidized care to those who cannot pay, discounted rates for individuals covered by governmental programs, and health education and programs to enhance the community's health status. They provide various services, including wellness and prevention education programs, community diagnostic screening programs, special programs for the elderly, youth at risk, handicapped, medically underserved, and medical care for the uninsured. In 2022, the hospitals served 12,844 inpatients, provided care for 133,987 outpatients, and attended to 72,423 emergency room visits.
Official website here: www.baptist-health.com
Who is the CEO of Baptist Health Regional Hospitals?
Steven Rose is the President of Baptist Health Regional Hospitals.
Official website here: www.baptist-health.com
What is the revenue of Baptist Health Regional Hospitals?
Baptist Health Regional Hospitals's revenue in 2022 was $307,139,477.
Official website here: www.baptist-health.com
Who are the executives of Baptist Health Regional Hospitals and what are their salaries?
The average compensation at Baptist Health Regional Hospitals during 2022 was $65,355. There are 1582 employees and 66 volunteers at Baptist Health Regional Hospitals.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $2,408,284
- Other: $43,098
- Compensation: $0
- Related: $1,861,209
- Other: $40,509
- Compensation: $0
- Related: $1,096,042
- Other: $39,160
- Compensation: $0
- Related: $1,043,408
- Other: $28,514
- Compensation: $0
- Related: $276,946
- Other: $9,306
- Compensation: $227,864
- Related: $0
- Other: $16,581
- Compensation: $188,274
- Related: $0
- Other: $18,373
- Compensation: $181,757
- Related: $0
- Other: $23,917
- Compensation: $173,278
- Related: $0
- Other: $16,884
- Compensation: $169,096
- Related: $0
- Other: $13,135
- Compensation: $165,387
- Related: $0
- Other: $10,786
Official website here: www.baptist-health.com
Where can I find the form 990 for Baptist Health Regional Hospitals?
Baptist Health Regional Hospitals's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.baptist-health.com
Learn more at the official website: www.baptist-health.com
Mission Statement of Baptist Health Regional Hospitals
Baptist Health Regional Hospitals is a nonprofit organization dedicated to providing quality, patient-centered healthcare services with Christian compassion and personal concern to citizens in and around Fort Smith and Van Buren, Arkansas. The mission of this charitable institution is to serve the community by offering comprehensive healthcare services and health education, regardless of race, creed, sex, national origin, disability, age, or ability to pay.
Baptist Health Regional Hospitals recognizes that not everyone in the community has the means to purchase necessary healthcare and medical services. In keeping with its commitment to the community, the organization provides free and subsidized care to those who cannot pay, offers reduced rates to individuals covered by governmental programs, and initiates health education and programs to enhance the overall health status of the community. These services and programs are implemented where the need and an individual's inability to pay coexist.
The range of services offered by Baptist Health Regional Hospitals includes wellness and prevention education programs, community diagnostic screening programs, specialized programs for the elderly, youth at risk, handicapped, medically underserved, and medical care for the uninsured. These activities aim to address the unique needs of various populations and improve their health and wellbeing. In 2022, Baptist Health Regional Hospitals served 12,844 inpatients, provided care for 133,987 outpatients, and addressed 72,423 emergency room visits. The organization's relentless pursuit of providing compassionate care and access to healthcare for all members of the community remains a cornerstone of its mission.
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Impact
October, 2024
Baptist Health Regional Hospitals plays a vital role in the health and well-being of the communities in and around Fort Smith and Van Buren, Arkansas. With a commitment to providing high-quality patient-centered services, the hospital ensures that individuals from diverse backgrounds receive comprehensive healthcare, regardless of their race, creed, sex, national origin, disability, age, or financial capacity.
The hospital addresses the healthcare needs of the community through a range of services, including free and subsidized care for those unable to pay, and care for individuals covered by governmental programs, even when reimbursement rates fall short of the actual costs. In 2022 alone, Baptist Health Regional Hospitals served 12,844 inpatients and catered to 133,987 outpatients, along with handling 72,423 emergency room visits, demonstrating its capacity to respond to a significant volume of healthcare needs.
In addition to direct medical services, Baptist Health Regional Hospitals emphasizes health education and preventive care. The institution actively conducts wellness and prevention education programs, diagnostic screenings, and specialized services for vulnerable populations, such as the elderly and youth at risk. By providing these programs within the community, Baptist Health enhances overall health status and fosters a healthier population.
This comprehensive approach not only tackles immediate healthcare demands but also invests in the long-term health of the community, underlining Baptist Health Regional Hospitals' impact as a cornerstone institution that nurtures the well-being of its residents with compassion and concern.
This information is meant to be a general summary of Baptist Health Regional Hospitals. 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: $90,377
- Program Service Revenue: $296,406,117
- Gross Receipts: $307,139,477
Assets and Liabilities:
- Total Assets: $168,854,430
- Total Liabilities: $192,968,470
- Net Assets: -$24,114,040
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REVENUE
Revenue
$291,158,582
STATE BED EXPANSION
Revenue
$4,410,000
MEDICAL OFFICE BUILDING SPACE RENTAL
Revenue
$443,144
340B REVENUE
Revenue
$301,406
PHARMACY REVENUE
Revenue
$92,985
Organization Details
Founding Year
2018
Phone
(501) 202-2017Principal Officer
Steven Rose
Main Address
9601 BAPTIST HEALTH DRIVE, LITTLE ROCK, AR, 72205
Website
www.baptist-health.comNTEE Category
Code: E22 - Health
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