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Nonprofiteer
← BAPTIST HEALTH MEDICAL GROUP INC

Form 990 for tax year 2022

Filed by BAPTIST HEALTH MEDICAL GROUP INC.

Totals

Total revenue
$800,561,133
Total expenses
$962,632,415
Contributions and grants received
$188,973,274
Grants paid
$0
Program service revenue
$600,790,024
Investment income
-$448,585
Other revenue
$11,246,420
Total assets, end of year
$243,671,773
Total liabilities, end of year
$175,151,123
Net assets or fund balances, end of year
$68,520,650
Program services expenses (Part IX)
$892,418,376
Management and general expenses
$70,214,039
Fundraising expenses
$0
Program service expenses (Part III)
$892,418,376

Program services were 92.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $188,487,798

  • 1e · Government grants (contributions)

    $485,476

  • 2a · Program service revenue: Ins & Patient Payments

    total $347,501,303 · related or exempt $347,501,303

  • 2b · Program service revenue: Medicare/Medicaid Pmts

    total $191,461,752 · related or exempt $191,461,752

  • 2c · Program service revenue: Other Patient Related

    total $60,427,038 · related or exempt $60,427,038

  • 2d · Program service revenue: Care Coordination Fees

    total $1,299,012 · related or exempt $1,299,012

  • 2e · Program service revenue: MOB Rent

    total $100,919 · related or exempt $100,919

  • 3 · Investment income

    total $156,888 · excluded $156,888

  • 7b · Less cost or other basis and sales expenses

    other assets $605,473

  • 7c · Gain or loss

    other assets -$605,473

  • 7d · Net gain or loss

    total -$605,473 · excluded -$605,473

  • 11a · Other revenue: Physician Services

    total $6,310,380 · related or exempt $6,310,380

  • 11b · Other revenue: Other Revenue

    total $4,663,467 · related or exempt $4,663,467

  • 11c · Other revenue: Leased Employees

    total $272,573 · related or exempt $272,573

  • 11e · Other revenue, total

    $11,246,420

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $685,104,700 · program services $655,590,537 · management and general $29,514,163

  • 8 · Pension plan contributions

    total $16,247,046 · program services $15,473,078 · management and general $773,968

  • 9 · Other employee benefits

    total $56,802,598 · program services $52,356,507 · management and general $4,446,091

  • 10 · Payroll taxes

    total $35,217,020 · program services $31,645,120 · management and general $3,571,900

  • 11b · Fees: legal

    total $603,570 · program services $86,077 · management and general $517,493

  • 11g · Fees: other

    total $865,792 · program services $496,925 · management and general $368,867

  • 12 · Advertising and promotion

    total $165,915 · program services $65,535 · management and general $100,380

  • 13 · Office expenses

    total $13,586,477 · program services $10,515,814 · management and general $3,070,663

  • 14 · Information technology

    total $1,112,005 · program services $909,503 · management and general $202,502

  • 16 · Occupancy

    total $35,183,874 · program services $33,673,124 · management and general $1,510,750

  • 17 · Travel

    total $3,214,213 · program services $2,223,320 · management and general $990,893

  • 22 · Depreciation, depletion and amortization

    total $9,149,007 · program services $8,495,945 · management and general $653,062

  • 23 · Insurance

    total $18,876,911 · program services $18,876,911

  • 24a · Other expenses: Medical Supplies

    total $38,776,141 · program services $38,464,490 · management and general $311,651

  • 24b · Other expenses: Administrative

    total $24,310,944 · program services $4,521,043 · management and general $19,789,901

  • 24c · Other expenses: Purchased Svcs Non-Med

    total $20,049,591 · program services $16,662,907 · management and general $3,386,684

  • 24d · Other expenses: Dues & Licenses

    total $3,119,433 · program services $2,231,610 · management and general $887,823

  • 24e · All other expenses

    total $247,178 · program services $129,930 · management and general $117,248

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $54,989 · end of year $43,649

  • 2 · Savings and temporary cash investments

    beginning of year $1,022,599 · end of year $35,417

  • 4 · Accounts receivable

    beginning of year $59,941,508 · end of year $57,274,097

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,410,940 · end of year $2,124,146

  • 10a · Land, buildings and equipment: cost or other basis

    $63,285,520

  • 10b · Land, buildings and equipment: accumulated depreciation

    $30,120,347

  • 10c · Land, buildings and equipment, net

    beginning of year $27,994,669 · end of year $33,165,173

  • 14 · Intangible assets

    beginning of year $4,139,785 · end of year $3,486,409

  • 15 · Other assets

    beginning of year $68,350,625 · end of year $147,542,882

  • 17 · Accounts payable and accrued expenses

    beginning of year $87,213,820 · end of year $97,118,019

  • 23 · Secured mortgages and notes payable

    beginning of year $50,570,503 · end of year $78,033,104

  • 25 · Other liabilities

    beginning of year $3,636,069 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $22,526,672 · end of year $68,520,650

  • 28 · Net assets with donor restrictions

    beginning of year -$31,949 · end of year $0

Mission and programs · 2022

Mission

See Schedule O.

Activities or mission (Part I)

Employs physicians to provide excellent medical care for individuals and families.

  • Baptist Health Medical Group, Inc. ("BHMG") is a professional medical services company organized and operated to benefit the member hospitals of Baptist Healthcare System, Inc. ("BHS"). BHMG is a comprehensive network of primary and specialty physician practices in Kentucky and Indiana that includes approximately 700 physicians and more than 750 advanced practice clinicians. Providers represent more than 85 specialties, including primary care and family medicine, internal medicine, osteopathic medicine, emergency medicine, general surgery and a wide range of surgical specialties offering advanced treatments and care. During fiscal year 2023, BHMG had over 4,600,000 patient visits at 375 locations. BHMG also operates urgent care centers, rural health clinics and occupational medicine facilities. The primary care and specialty care physician services support the hospitals operated by Baptist Healthcare System, Inc. by staffing emergency departments, providing hospitalist services and surgical care services for patients. BHMG's primary and specialty care physicians, urgent care centers, occupational medicine facilities and rural health centers offer more convenient and less costly quality care services to patients and help to maintain sufficient physician expertise and capacity to deliver efficient, appropriate and compassionate patient care in the communities BHMG serves. Our physicians play key leadership roles in determining the direction and development of patient services, they spearhead innovation by leading clinical research and they help to bring advanced treatments and technology to our facilities.In order to meet the health and wellness needs of our communities throughout Kentucky and Indiana, Baptist Healthcare System, Inc. (BHS) provides grants to Baptist Health Medical Group, Inc. (BHMG). BHS is a nonprofit Section 501(c)(3) related entity and the sole member of BHMG. These grants allow BHMG to continue to provide support and care for Medicaid and charity care patients through primary care centers, rural health centers, urgent care centers and specialty health centers that meet a demonstrated community need. BHS makes these grants on the condition that BHMG use the grant funds only for the following activities:1. To provide care for patients participating in Medicaid and other means-tested government health programs, including but not limited to the Kentucky Children's Health Insurance (KCHIP) program.2. To provide care, for free or at discounted rates, to low-income patients who cannot afford the cost of care.3. To fund the operations of rural health clinics that provide care for the patients described above.4. To engage in community activities and programs in response to demonstrated community needs to improve community health, including but not limited to health screenings; COVID testing; vaccinations and community health education. Baptist Healthcare System, Inc. reports the grants related to the above activities on its respective IRS Form 990, Schedule H, Part I, Line 7. Impact of COVID-19:Clinical leaders from Baptist Health, the largest health system in the Commonwealth of Kentucky, played a principal role as advisors to the Commissioner for Public Health, the Cabinet for Health and Family Services ("CHFS"), Office of Inspector General, and other state agencies in response to the unprecedented needs of our community during the COVID-19 pandemic. In conjunction with leadership teams from other health systems and the Kentucky Hospital Association, Baptist Health played a lead role in advising and developing the State's COVID-19 policies and its guidelines on multiple matters.Baptist Health acted swiftly and efficiently to the COVID-19 pandemic by responding to the needs of our communities, our patients and our staff members by implementing disaster readiness protocols, securing critical PPE and distribution networks, and developing system-wide warehousing and logistics plans. Our quick pivot to digital healthcare solutions, with the creation of new processes and procedures and the enhancement of existing services, allowed us to provide healthcare services for patients to address their immediate medical needs, all while ensuring the safety of the patients, staff and physicians. Video teleconferencing services proved to be a valuable tool as it became a lifeline for our behavioral health patients. In just a few months, we advanced digital health services by years and have seen our patients embrace this change. We made access to healthcare more convenient and more readily available, and eased our patients and their caretakers' concerns about exposure to COVID-19. Because of these innovations, we will be able to continue to utilize and enhance digital solutions well in to the future. Navigating the COVID-19 pandemic has accelerated the growth and development of innovations in the delivery of healthcare services that will positively affect how care is provided in the future. Baptist Health Medical Group continuously monitors COVID-19 health data, statistics, trends, clinical information and research in order to reevaluate and reassess current policies and procedures so that we can maintain the highest safety standards and provide peak levels of care to our patients.Baptist Health continues to make a concerted effort to support our communities by providing frequent education and assistance to community members and local businesses who have questions regarding operating in a COVID-19 environment. Telehealth and telemedicine continue to be utilized effectively to better protect patients and improve patient experience, and high quality PPE inventories are closely monitored to ensure the safety of patients and staff.

    Expenses $892,418,376 · Revenue $612,036,444

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Claude A Foreit

    Director

    Total calculated
    $0
    Hours/week
    1

  • Frank R Purdy III

    Chair (Effective 4/12/23) & Director

    Total calculated
    $0
    Hours/week
    1

  • Janet Berry

    Director (Through 12/31/22)

    Total calculated
    $0
    Hours/week
    1

  • Linda Hopgood

    Director (Through 12/31/22)

    Total calculated
    $0
    Hours/week
    1

  • Rob Schreiner MD

    Director

    Total calculated
    $0
    Hours/week
    1

  • Robert L Hook Jr

    Chair & Director (Through 12/31/22)

    Total calculated
    $3,000
    From this org
    $0
    From related orgs
    $3,000
    Other
    $0
    Hours/week
    1

  • Staci Dawn Farner Rogers MD

    Director

    Total calculated
    $0
    Hours/week
    1

  • Victoria D Buster

    Director (Effective 1/1/23)

    Total calculated
    $3,000
    From this org
    $0
    From related orgs
    $3,000
    Other
    $0
    Hours/week
    1

  • Isaac J Myers MD

    President

    Total calculated
    $1,899,597
    From this org
    $0
    From related orgs
    $1,753,719
    Other
    $145,878
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $675,054 related
    Bonus
    $0 + $333,826 related
    Other
    $0 + $744,839 related
    Deferred
    $0 + $120,578 related
    Nontaxable benefits
    $0 + $25,300 related
    Filer's total
    $0 + $1,899,597 related

  • Janet M Norton

    Vice President & Secretary

    Total calculated
    $1,082,935
    From this org
    $0
    From related orgs
    $1,039,221
    Other
    $43,714
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $617,783 related
    Bonus
    $0 + $304,599 related
    Other
    $0 + $116,839 related
    Deferred
    $0 + $12,200 related
    Nontaxable benefits
    $0 + $31,514 related
    Filer's total
    $0 + $1,082,935 related

  • Stephen R Oglesby

    VP & Treasurer (Through 1/6/23)

    Total calculated
    $1,488,025
    From this org
    $0
    From related orgs
    $1,445,051
    Other
    $42,974
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $736,985 related
    Bonus
    $0 + $573,685 related
    Other
    $0 + $134,381 related
    Deferred
    $0 + $12,200 related
    Nontaxable benefits
    $0 + $30,774 related
    Filer's total
    $0 + $1,488,025 related

  • Thomas Reynolds

    Vice President (Through 7/28/23)

    Total calculated
    $477,431
    From this org
    $0
    From related orgs
    $433,597
    Other
    $43,834
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $359,448 related
    Bonus
    $0 + $67,385 related
    Other
    $0 + $6,764 related
    Deferred
    $0 + $12,200 related
    Nontaxable benefits
    $0 + $31,634 related
    Filer's total
    $0 + $477,431 related

  • Richard F Carrico

    VP & Treasurer (Effective 4/12/23)

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • Bapineedu Gondi MD

    Physician

    Total calculated
    $1,681,098
    From this org
    $1,649,418
    From related orgs
    $0
    Other
    $31,680
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $772,188
    Bonus
    $865,215
    Other
    $12,015
    Deferred
    $12,200
    Nontaxable benefits
    $19,480
    Filer's total
    $1,681,098

  • John Blankenship MD

    Physician

    Total calculated
    $1,385,654
    From this org
    $1,342,920
    From related orgs
    $0
    Other
    $42,734
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $801,408
    Bonus
    $539,472
    Other
    $2,040
    Deferred
    $12,200
    Nontaxable benefits
    $30,534
    Filer's total
    $1,385,654

  • Srini Manchikalapudi MD

    Physician

    Total calculated
    $1,372,593
    From this org
    $1,334,190
    From related orgs
    $0
    Other
    $38,403
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $764,715
    Bonus
    $564,663
    Other
    $4,812
    Deferred
    $12,200
    Nontaxable benefits
    $26,203
    Filer's total
    $1,372,593

  • Steven Kiefer MD

    Physician

    Total calculated
    $1,418,890
    From this org
    $1,385,858
    From related orgs
    $0
    Other
    $33,032
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $763,560
    Bonus
    $617,486
    Other
    $4,812
    Deferred
    $12,200
    Nontaxable benefits
    $20,832
    Filer's total
    $1,418,890

  • John Oldham MD

    Physician

    Total calculated
    $1,412,850
    From this org
    $1,370,409
    From related orgs
    $0
    Other
    $42,441
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $735,275
    Bonus
    $630,322
    Other
    $4,812
    Deferred
    $12,200
    Nontaxable benefits
    $30,241
    Filer's total
    $1,412,850

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 3
Baptist Healthcare System, Inc., a related organization of Baptist Health Medical Group, Inc., uses the following to establish the compensation of the organization's CEO: - Compensation committee - Independent compensation consultant - Form 990 of other organizations - Written employment contract - Compensation survey or study - Approval by the Board or Compensation Committee.
Part I, Line 4b
Five officers and executives of Baptist Healthcare System, Inc., (BHS), (one of which is an officer and/or director of Baptist Health Medical Group, Inc.), who participated in the Supplemental Executive Retirement Plan accrued amounts for 2022 which is a portion of the amount reported as deferred compensation in Schedule J, Column C. Other retirement and deferred compensation reported in Schedule J, Column C include amounts for the Retirement Accumulation Plan and Thrift Plan. The following individual participated in and accrued amounts from the Supplemental Executive Retirement Plan: Isaac J. Myers, MD $108,378 The following individuals received a payout from the Supplemental Executive Retirement Plan, a nonqualified deferred compensation plan, as they are fully vested in the plan: Stephen R. Oglesby $116,637 Isaac J. Myers, MD $721,241 Janet Norton $93,341

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Provenance

Return type
form_990
Tax year
2022
Filed
12 July 2024
IRS schema version
2022v5.0
Source object
202401949349301590

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