Baycare Home Care Inc
- Assets
- $62.0m
- Revenue
- $191.9m
- Investments
- $0.0
- Employees
- 1,501
- Location
- Largo, FL
- Founding
- 07/2001
- Data as of
- 12/2021
- EIN
- 59-3582520
Organization Overview
Baycare Home Care Inc is located in Largo, FL. The organization was established in 2001. According to its NTEE Classification (E92) the organization is classified as: Home Health Care, under the broad grouping of Health Care and related organizations. As of 12/2022, Baycare Home Care Inc employed 1,501 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baycare Home Care Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Baycare Home Care Inc generated $191.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $185.7m during the year ending 12/2021. While expenses have increased by 0.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BAYCARE HOME CARE, INC. WILL IMPROVE THE HEALTH OF ALL WE SERVE THROUGH COMMUNITY-OWNED HEALTH CARE SERVICES THAT SET THE STANDARD FOR HIGH-QUALITY, COMPASSIONATE CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BAYCARE HOME CARE, INC IS A MULTI-SERVICE HOME CARE PROVIDER SERVING WEST CENTRAL FLORIDA THAT INCLUDES SERVICE LINES INCLUDING: * CERTIFIED AND LICENSED HOME HEALTH AGENCIES THAT PROVIDE SKILLED AND SUPPORTIVE SERVICES IN THE HOME INCLUDING SKILLED NURSING, REHABILITATION THERAPIES, MEDICAL SOCIAL WORK, HOME HEALTH AIDE AND OTHER SERVICES. THESE AGENCIES ARE LICENSED TO SERVE ELIGIBLE PATIENTS LIVING IN 13 COUNTIES OF WEST CENTRAL FLORIDA. * DURABLE MEDICAL EQUIPMENT (DME)/HOME MEDICAL EQUIPMENT PROVIDER THAT DELIVERS AND SUPPORTS EQUIPMENT INCLUDING BUT NOT LIMITED TO HOME MEDICAL EQUIPMENT WOUND CARE DEVICES, VARIOUS MEDICAL SUPPLIES, DELIVERY OF OXYGEN IN THE HOME, HOME SLEEP MEDICINE EQUIPMENT AND SUPPLIES, SEATING AND MOBILITY DEVICES, AND ORTHOTIC AND PROSTHETIC DEVICES AND SUPPLIES. * HOME INFUSION PHARMACY AND SPECIALTY PHARMACY SERVICES INCLUDING MEDICATION, SUPPLIES AND SERVICES. * SERVICE LINE THAT PROVIDES RESPIRATORY THERAPY SUPPORT AND CLINICAL EXPERTISE TO THE REGION'S NURSING HOMES AND OTHER POST ACUTE PROGRAMS. THE VARIOUS PROGRAMS HAVE A CONSISTENT RECORD OF SAFETY COMPLIANCE AND CLINICAL ACCOMPLISHMENT INCLUDING ONGOING ACCREDITATION BY THE JOINT COMMISSION ON HEALTHCARE ACCREDITATION AS A HOME CARE MULTI-SERVICE ENTITY, A SOLID HISTORY OF STATE REGULATORY COMPLIANCE AND AVERAGE CENTERS FOR MEDICARE & MEDICAID SERVICES (CMS) QUALITY STARS RATING OF 4.0 ACROSS HOME HEALTH. PHARMACY AND DME COMPLIANCE ARE ALSO STELLAR WITH CMS, AGENCY FOR HEALTH CARE ADMINISTRATION (FLORIDA'S STATE REGULATORY AGENCY) AND THE FLORIDA BOARD OF PHARMACY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee/interim Chief Ambulatory Services Officer | OfficerTrustee | 1 | $0 |
Name Not Listed Trustee/treasurer/secretary/vp, CFO Bmg, Amb | OfficerTrustee | 10 | $0 |
Name Not Listed Trustee/president/chief Ambulatory Services Officer (until July 2022) | OfficerTrustee | 1 | $0 |
Name Not Listed Trustee/evp, COO Baycare (until Oct 2022) | Trustee | 1 | $0 |
Name Not Listed Trustee/vp, Homecare Exp And Operations | Trustee | 45 | $484,303 |
Name Not Listed Trustee/cfo Lakeland Regional Health System | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aya Healthcare Inc Medical Services | 12/30/22 | $1,482,283 |
Care Team Inc Medical Services | 12/30/22 | $874,514 |
Simitree Healthcare Consulting Consulting Services | 12/30/22 | $552,172 |
Tadlock Roofing Inc Roofing Service | 12/30/22 | $430,370 |
Tandem Diabetes Care Inc Medical Services | 12/30/22 | $509,092 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,309,632 |
| Investment income | $38,416 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,765 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $191,906,879 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,413,824 |
| Compensation to disqualified persons | $62,679 |
| Other salaries and wages | $79,964,447 |
| Pension plan accruals and contributions | $3,128,335 |
| Other employee benefits | $10,442,930 |
| Payroll taxes | $5,653,482 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,605 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,890,236 |
| Advertising and promotion | $14,389 |
| Office expenses | $3,338,376 |
| Information technology | $788,616 |
| Royalties | $0 |
| Occupancy | $3,326,198 |
| Travel | $2,031,555 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $17,225 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,897,476 |
| Insurance | $1,468,626 |
| All other expenses | $0 |
| Total functional expenses | $185,694,843 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,701,795 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $31,579,754 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,939,786 |
| Prepaid expenses and deferred charges | $76,074 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,545 |
| Total assets | $62,035,077 |
| Accounts payable and accrued expenses | $11,259,380 |
| Grants payable | $0 |
| Deferred revenue | $1,867,476 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $5,754,352 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,933,707 |
| Total liabilities | $22,814,915 |
| Net assets without donor restrictions | $39,220,162 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $39,220,162 |