Thibodaux Regional Health System Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 842046902 ✦ Thibodaux, LA ✦ Designated as a 501(c)(3)

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Overview

What is Thibodaux Regional Health System Inc?

Thibodaux Regional Health System Inc, based at 602 N Acadia Road, Thibodaux, LA, is a nonprofit organization dedicated to delivering top-quality, cost-effective healthcare services to the residents of Thibodaux and its surrounding areas. The medical center, carrying out its mission, aspires to be the leading healthcare provider in Southeast Louisiana for select healthcare services through a commitment to quality improvement, partnerships with other healthcare providers, and financial sustainability. Embracing the values of respect, integrity, innovation, excellence, accountability, and passion, the hospital has a licensed capacity of 180 beds and operates 140 inpatient beds, including intensive care, stepdown, rehabilitation, and behavioral health units. With approximately 281 physicians on staff, Thibodaux Regional Health System offers a comprehensive range of medical services, planned in collaboration with knowledgeable hospital staff, physicians, and community leaders. The organization's achievements include recognition from Healthgrades, CareChex, Leapfrog Group, IBM Watson Health, and The Courier/Daily Comet for patient safety, cardiac care, fitness center, urgent care, pain management, weight loss, yoga/pilates, and more. In fiscal year 2022, the hospital had 32,116 inpatient days, 6,835 admissions, 1116 deliveries, 160,206 outpatient visits, 37,435 ER visits, 1,178 home health admissions, and 9,393 surgery cases.


Official website here: www.thibodaux.com/

What are the reviews and ratings of this charity?

Thibodaux Regional Health System Inc is not currently rated by Charity Navigator. The absence of a rating is due to the lack of sufficient data, particularly in the Accountability & Finance and Impact & Measurement categories. This does not reflect negatively or positively on the organization but rather indicates that it has not been fully evaluated under Charity Navigator’s criteria.

The organization's data includes revenue and expenses trends over the past several years. However, due to only having two years of electronically-filed IRS Form 990 data, it does not fulfill the requirements for the Accountability & Finance beacon, which needs a three-year average for consistency. Additionally, data for key aspects like salaries of key persons and detailed program evaluations are unavailable.

Charity Navigator's historical ratings focused more on finance and accountability before evolving to assess Leadership & Adaptability, Culture & Community, and Impact. Currently, Thibodaux Regional Health System lacks the comprehensiveness required in these areas to receive a full assessment. No user reviews are available on GreatNonprofits to provide additional sentiment from the community or beneficiaries.


This AI summary has been generated from information found on Charity Navigator.

Is Thibodaux Regional Health System Inc legitimate?

Thibodaux Regional Health System Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thibodaux Regional Health System 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: $1,070,412
Professional Fundraising Fees: $0
Other Salaries and Wages: $95,995,234

For more financial information, click here


Official website here: www.thibodaux.com/

What is the mission statement of Thibodaux Regional Health System Inc?

Thibodaux Regional Health System Inc is dedicated to delivering the highest quality, most cost-effective healthcare services to the community. The mission of the organization is to provide excellent healthcare and strive for improvement, while maintaining financial viability in a competitive environment. The hospital upholds values such as respect, integrity, innovation, excellence, accountability, and passion, all with the goal of being the preferred healthcare provider in selected services in the region.


Official website here: www.thibodaux.com/

Who is the CEO of Thibodaux Regional Health System Inc?

Greg Stock is the Principal Officer of Thibodaux Regional Health System Inc. The CEO's salary of Thibodaux Regional Health System Inc is $858,805 and their total compensation is $890,024.


Official website here: www.thibodaux.com/

What is the revenue of Thibodaux Regional Health System Inc?

Thibodaux Regional Health System Inc's revenue in 2022 was $328,865,265.


Official website here: www.thibodaux.com/

Who are the executives of Thibodaux Regional Health System Inc and what are their salaries?

The average compensation at Thibodaux Regional Health System Inc during 2022 was $54,685. There are 1775 employees and 17 volunteers at Thibodaux Regional Health System Inc.


Here are 13 key members and their salaries (Thibodaux Regional Health System Inc's CEO's salary is $858,805 and their total compensation is $890,024):


Greg K Stock (Ceo And Board Sec. - Nonvo)
  • Compensation: $858,805
  • Related: $0
  • Other: $31,219
Jake Giardina (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francis Richard (Board Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Cleveland Hill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr David Elias (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Raja Talluri (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Chris Rodrigue (Chief Of Staff - Non-Votin)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theunette Antill (Chief Financial Officer)
  • Compensation: $211,607
  • Related: $0
  • Other: $1,336
Blain Arthurs (Staff Physician)
  • Compensation: $1,073,139
  • Related: $0
  • Other: $28,262
Carlos R Gimenez (Staff Physician)
  • Compensation: $1,001,884
  • Related: $0
  • Other: $22,220
Jared Gilmore (Staff Physician)
  • Compensation: $890,552
  • Related: $0
  • Other: $21,641
Scott Hebert (Staff Physician)
  • Compensation: $1,087,048
  • Related: $0
  • Other: $18,000
Gregory Dobard (Staff Physician)
  • Compensation: $912,277
  • Related: $0
  • Other: $22,220


Official website here: www.thibodaux.com/

Where can I find the form 990 for Thibodaux Regional Health System Inc?

Thibodaux Regional Health System Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thibodaux.com/

Learn more at the official website: www.thibodaux.com/

Mission Statement of Thibodaux Regional Health System Inc

Thibodaux Regional Health System Inc, a prominent healthcare organization, is dedicated to providing the highest quality, most cost-effective healthcare services to the people of Thibodaux and its surrounding areas. The mission of this esteemed institution goes beyond just offering medical care; it aspires to be the regional medical center of choice for selected healthcare services in southeastern Louisiana. To achieve this vision, Thibodaux Regional Health System Inc fosters a commitment to quality improvement, collaborates with other healthcare providers, and maintains financial viability in a competitive environment.

Embodying the core values of respect, integrity, innovation, excellence, accountability, and passion, Thibodaux Regional Health System Inc strives to deliver healthcare services that reflect its unwavering respect for every individual it serves. This respect is also evident in the organization's dedication to integrity, ensuring that all its operations are carried out with honesty and transparency. Thibodaux Regional Health System Inc is an innovator at heart, embracing new ideas, technologies, and practices to enhance the quality of healthcare it provides. It is committed to achieving excellence in all its endeavors, seeking to exceed the expectations of its patients and the community.

Accountability is a cornerstone of Thibodaux Regional Health System Inc's culture. The organization takes full responsibility for the care it delivers and is transparent about its performance. It ensures that all its resources are used in an efficient and effective manner to provide the best possible care to its patients. Passion is the driving force behind Thibodaux Regional Health System Inc's mission. Each team member is dedicated to making a difference in the lives of those they serve, and this passion is evident in the compassionate care they provide. With a focus on quality, innovation, and collaboration, Thibodaux Regional Health System Inc continues to advance the standard of healthcare in its community.

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Impact




October, 2024

Thibodaux Regional Health System Inc operates the Thibodaux Regional Medical Center, which is essential for delivering high-quality, cost-effective healthcare services to the community of Thibodaux and its surrounding areas. The medical center is equipped with 180 licensed beds, including 140 inpatient beds that cater to a variety of health needs—ranging from medical and surgical care to inpatient rehabilitation and behavioral health services.

With a dedicated team of approximately 281 physicians, including specialists in various fields, the hospital ensures that a broad spectrum of medical services is available to meet the community’s diverse healthcare requirements. The collaborative planning of services, which involves hospital staff, physicians, and community leaders, highlights the center's commitment to addressing the unique needs of its patient population.

Recognized for its excellence in patient safety and care, the medical center has achieved notable accolades, such as ranking as the #1 hospital in Louisiana for cardiac care. It has also earned the Healthgrades Patient Safety Excellence Award and consistently receives high marks for its services. In fiscal year 2022 alone, the hospital reported significant patient engagement, with over 160,000 outpatient visits and nearly 7,000 inpatient admissions.

Thibodaux Regional is dedicated to improving health outcomes through partnerships with other healthcare providers, maintaining financial viability, and striving for continual quality improvement. By embodying values such as respect, integrity, innovation, excellence, accountability, and passion, the organization reinforces its commitment to being the healthcare provider of choice in Southeast Louisiana.




This information is meant to be a general summary of Thibodaux Regional Health System 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.

Revenue
$328,865,265 (2022)
Expenses
$278,013,422 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,518,854
  • Program Service Revenue: $260,638,158
  • Gross Receipts: $328,871,253

Assets and Liabilities:

  • Total Assets: $514,056,856
  • Total Liabilities: $373,250,985
  • Net Assets: $140,805,871

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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

$260,638,158

Organization Details

Founding Year

2019

Principal Officer

Greg Stock

Main Address

602 N ACADIA ROAD, THIBODAUX, LA, 70301

NTEE Category

Code: E20 - Health

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