Baptist Memorial Hospital is located in Memphis, TN. The organization was established in 1954. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2021, Baptist Memorial Hospital employed 5,316 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baptist Memorial Hospital 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 09/2020, Baptist Memorial Hospital generated $770.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $731.5m during the year ending 09/2020. While expenses have increased by 1.6% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
BAPTIST MEMORIAL HOSPITAL PROVIDES QUALITY MEDICAL HEALTH CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BAPTIST MEMORIAL HOSPITAL PROVIDES QUALITY MEDICAL HEALTH CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE. PATIENTS OF EVERY RACE, CREED, AND SOCIOECONOMIC GROUP COME TO BAPTIST MEMORIAL HOSPITAL FROM MANY STATES AND COUNTRIES WITH ILLNESSES THAT ARE OFTEN VERY SERIOUS. ALTHOUGH REIMBURSEMENT FOR SERVICES RENDERED IS CRITICAL TO THE OPERATION AND STABILITY OF BAPTIST MEMORIAL HOSPITAL, IT IS RECOGNIZED THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE ESSENTIAL MEDICAL SERVICES, AND FURTHER, THAT OUR MISSION IS TO SERVE THE COMMUNITY WITH RESPECT TO PROVIDING HEALTH CARE SERVICES AND HEALTH CARE EDUCATION. THEREFORE, IN KEEPING WITH ITS COMMITMENT TO SERVE ALL MEMBERS OF ITS COMMUNITY, BAPTIST MEMORIAL HOSPITAL PROVIDES THE FOLLOWING: - FREE CARE AND/OR SUBSIDIZED CARE WHERE THE NEED AND/OR AN INDIVIDUAL'S INABILITY TO PAY COEXIST,- CARE PROVIDED TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS AT BELOW COST, AND- HEALTH ACTIVITIES AND PROGRAMS TO SUPPORT THE COMMUNITY.THESE ACTIVITIES INCLUDE WELLNESS PROGRAMS, COMMUNITY EDUCATION PROGRAMS, AND PROGRAMS FOR THE ELDERLY, HANDICAPPED, MEDICALLY UNDERSERVED, AND A VARIETY OF BROAD COMMUNITY SUPPORT ACTIVITIES.BAPTIST MEMORIAL HOSPITAL INCLUDES THREE MEMPHIS AREA HOSPITALS: BAPTIST MEMORIAL HOSPITAL-MEMPHIS, BAPTIST MEMORIAL HOSPITAL-COLLIERVILLE, AND BAPTIST MEMORIAL HOSPITAL FOR WOMEN. THE COMBINED LOCATIONS OF BAPTIST MEMORIAL HOSPITAL SERVICED 35,642 PATIENT DISCHARGES AND PROVIDED MORE THAN 273,889 OUTPATIENT SERVICES DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2021. EMPHASIS IS NOW ON OUTPATIENT SERVICES. BAPTIST MEMORIAL HOSPITAL PROVIDES MANY OUTPATIENT SERVICES, WHICH WILL CONTINUE TO CUT HOSPITAL COSTS AND STAYS. MOST PATIENTS PREFER TO RECUPERATE AT HOME, AND WITH THE OUTPATIENT SERVICES PROVIDED AT BAPTIST MEMORIAL HOSPITAL, PATIENTS NOW HAVE THAT OPTION.DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2021, BAPTIST MEMORIAL HOSPITAL PROGRAM SERVICES PRODUCED THE FOLLOWING RESULTS:- THE SURGERY DEPARTMENT PERFORMED 36,808 PROCEDURES AT A COST OF $78,080,100.- THE PHARMACY DEPARTMENT DISPENSED 5,792,172 UNIT DOSES OF MEDICATION AT A COST OF $61,740,492.- THE RADIOLOGY DEPARTMENT PERFORMED 353,945 PROCEDURES AT A COST OF $34,217,562.- THE CARDIOVASCULAR SERVICES DEPARTMENT PERFORMED 74,713 PROCEDURES AT A COST OF $33,081,872.- THE PATHOLOGY DEPARTMENT PERFORMED 1,985,861 PROCEDURES AT A COST OF $26,127,453.CHARITY CARE IS PROVIDED THROUGH INPATIENT, OUTPATIENT, AND COMMUNITY-BASED PROGRAMS. INPATIENT SERVICES ARE PROVIDED TO PATIENTS WHO ARE MEDICALLY INDIGENT RESIDENTS OF ARKANSAS, MISSISSIPPI, TENNESSEE, AND OTHER STATES. BAPTIST MEMORIAL HOSPITAL ALSO MAINTAINS A CLINIC TO SERVE THIS POPULATION ON AN OUTPATIENT BASIS. STAFF PHYSICIANS AT BAPTIST MEMORIAL HOSPITAL, AS WELL AS PHYSICIANS IN THE MEDICAL RESIDENCY PROGRAMS, GIVE COUNTLESS HOURS OF THEIR TIME TREATING PATIENTS WHO CANNOT PAY. THE AMOUNT OF CHARITY CARE PROVIDED THAT WAS UNREIMBURSED WAS $174,807,588. THE UNREIMBURSED AMOUNT OF CHARITY AND CONTRACTUAL ALLOWANCES FOR ALL PATIENTS WAS $2,815,860,157.BAPTIST MEMORIAL HOSPITAL-MEMPHISTHE BAPTIST HEART INSTITUTE, LOCATED WITHIN BAPTIST MEMORIAL HOSPITAL-MEMPHIS, IS DEDICATED TO PROVIDING LEADING-EDGE CARDIOVASCULAR RESEARCH AND TREATMENT FOR HEART PATIENTS. THE HEART INSTITUTE, WHICH MEASURES 165,000 SQUARE FEET, INCLUDES AREAS FOR CARDIOVASCULAR PROCEDURES, CARDIOVASCULAR SURGICAL SUITES, HEART CATHETERIZATION LABS, CARDIOVASCULAR INTENSIVE CARE BEDS, A CARDIAC INTERVENTION UNIT, CARDIAC MEDICINE UNITS, A PRE/POST CATH LAB UNIT, ELECTROPHYSIOLOGY LABS, A HEART TRANSPLANT UNIT, AND A CARDIOVASCULAR STEP-DOWN UNIT. FUNDING FROM THE FORD-GOLTMAN CARDIAC RESEARCH ENDOWMENT SUPPORTS THE ADVANCEMENT OF CARDIAC RESEARCH AT BAPTIST HEART INSTITUTE.BAPTIST MEMORIAL HOSPITAL-MEMPHIS IS THE FIRST HOSPITAL IN THE MID-SOUTH TO:- HAVE IMAGE GUIDED RADIATION THERAPY (IGRT).- HAVE A GENETIC COUNSELING PROGRAM.- PERFORM CORONARY ARTERY BYPASS SURGERY.- PERFORM CARDIOMYOPLASTY.- SUCCESSFULLY IMPLANT THE HEARTMATE VENTED ELECTRIC VENTRICULAR ASSIST DEVICE (HEARTMATE).- PERFORM THE RADIAL BRACHYTHERAPY PROCEDURE.- PERFORM THE STEREOTAXIS ELECTROPHYSIOLOGY PROCEDURE.- OFFER MAGNETIC NAVIGATION SYSTEM.- PROVIDE INTENSITY MODULATED RADIATION THERAPY (IMRT) IN MEMPHIS AND THE SURROUNDING AREA.- PERFORM A TOTAL JOINT REPLACEMENT USING CERAMIC-ON-CERAMIC PROSTHESIS.- PERFORM THE WATCHMAN PROCEDURE.- PERFORM THE MITRACLIP PROCEDURE.- PROVIDE FUNDING FOR 12-LEAD EKGS TO BE PERFORMED IN AMBULANCES BY EMERGENCY MEDICAL TECHNICIANS.- PERFORM THE CARDIOMYOPLASTY PROCEDURE, DURING WHICH SKELETAL MUSCLES ARE TAKEN FROM A PATIENT'S BACK OR ABDOMEN AND WRAPPED AROUND AN AILING HEART. THE ADDED MUSCLE, AIDED BY ONGOING STIMULATION FROM A DEVICE SIMILAR TO A PACEMAKER, MAY BOOST THE HEART'S PUMPING MOTION.- PROVIDE ABIOMED, A DEVICE USED TO ASSIST THE HEART SO THAT IT CAN REST, HEAL, AND RECOVER ITS FUNCTION.- OFFER REVO REI SURESCAN PACING SYSTEM.- PERFORM THE MEDTRONIC CONVERGENT MAZE PROCEDURE, PUTTING BAPTIST MEMORIAL HOSPITAL AT THE CUTTING-EDGE OF ATRIAL FIBRILLATION (AFIB) TECHNOLOGY AND TREATMENT, AS THE FIRST IN THE NATION TO PERFORM THIS PROCEDURE.BAPTIST MEMORIAL HOSPITAL-MEMPHIS IS THE FIRST HOSPITAL IN TENNESSEE TO:- DISCHARGE A PATIENT HOME WITH THE HEARTMATE, A DEVICE THAT DOES THE WORK OF THE HEART WHEN PATIENTS' HEARTS ARE TOO WEAK TO FUNCTION PROPERLY.- EARN AMERICAN ASSOCIATION OF BLOOD BANKS (AABB) IMMUNOHEMATOLOGY REFERENCE LABORATORY ACCREDITATION. BAPTIST MEMORIAL HOSPITAL-MEMPHIS IS THE ONLY HOSPITAL IN TENNESSEE AND ONE OF ONLY 58 IN THE WORLD TO RECEIVE THIS ACCREDITATION.- PROVIDE FUNDING FOR 12-LEAD EKGS TO BE PERFORMED IN AMBULANCES BY EMERGENCY MEDICAL TECHNICIANS. 12-LEAD EKGS ALLOW DOCTORS TO OBSERVE THE HEART'S ELECTRICAL ACTIVITY FROM 12 DIFFERENT ANGLES, PROVIDING THEM WITH MORE INFORMATION ABOUT HEART ATTACK PATIENTS BEFORE THEY ARRIVE AT THE HOSPITAL.- DISCHARGE A PATIENT HOME ON A THORATEC VENTRICULAR ASSIST DEVICE.BAPTIST MEMORIAL HOSPITAL-MEMPHIS IS THE FIRST HOSPITAL IN THE MEMPHIS AREA TO:- OPEN A DEDICATED HEART INSTITUTE.- HAVE PHYSICIANS PERFORM THE AREA'S FIRST SURGERY WITH THE EDWARDS SAPIEN TRANSCATHETER HEART VALVE TECHNOLOGY THAT WAS APPROVED BY THE UNITED STATES FOOD AND DRUG ADMINISTRATION IN NOVEMBER 2011 FOR INOPERABLE PATIENTS WITH AORTIC STENOSIS.- HAVE A CARDIOLOGIST PERFORM THE CITY'S FIRST CRYOBALLOON PROCEDURE WITH A NEW TECHNOLOGY CALLED ARCTIC FRONT CARDIAC CRYOABLATION.- PERFORM THE PERCUTANEOUS VALVE PROCEDURE.- OFFER CYBERKNIFE ROBOTIC RADIOSURGERY, A TECHNIQUE FOR TREATING CANCEROUS AND NON-CANCEROUS TUMORS.- PROVIDE INTENSITY MODULATED RADIATION THERAPY.- HAVE A FREESTANDING RADIATION ONCOLOGY CENTER.- PROVIDE A CANCER NAVIGATOR TO ASSIST CANCER PATIENTS.- PROVIDE A DEDICATED RESUSCITATION FOCUS, PAIRING EARLY INTERVENTION WITH A RESPONSE TEAM IN A UNIFORM DEFIBRILLATOR OPERATING SYSTEM (MEDICAL RESPONSE TEAM).- PROVIDE PROSTATE BRACHYTHERAPY, A NONSURGICAL WAY TO TREAT PROSTATE CANCER.BAPTIST MEMORIAL HOSPITAL-MEMPHIS USES THE SPYGLASS DS TECHNOLOGY TO DIAGNOSE AND TREAT DISEASES AND CONDITIONS OF THE LIVER, GALLBLADDER, PANCREAS AND BILE DUCTS."THE VISUALIZATION IS FAR SUPERIOR, AND INTERPRETATION IS MUCH EASIER THAN THE ORIGINAL SPYGLASS," SAID DR. EDWARD CATTAU, GASTROENTEROLOGIST AT BAPTIST MEMORIAL HOSPITAL-MEMPHIS. "IT GIVES ME INCREASED CONFIDENCE IN DIAGNOSIS, NOT TO MENTION IT'S COST-EFFECTIVE AND CAN BE LESS RISKY COMPARED TO TRADITIONAL SURGICAL APPROACHES."SPYGLASS IS USED IN CONJUNCTION WITH ENDOSCOPIC RETROGRADE CHOLANGIOPANCREATOGRAPHY (ERCP), AN ESTABLISHED ENDOSCOPY PROCEDURE TO OBTAIN RADIOGRAPHIC IMAGES OF THE BILE DUCTS AND PANCREAS AND TO PERFORM DIAGNOSTIC AND THERAPEUTIC PROCEDURES.SPYGLASS DS ALLOWS FOR HIGH-RESOLUTION IMAGING DURING THE ERCP PROCEDURE TO BETTER TARGET BIOPSIES AND MORE SAFELY FRAGMENT STONES. THE NEW SYSTEM USES A SMALL, UNIQUE VIDEO SCOPE THAT IS PASSED THROUGH THE WORKING CANAL OF THE STANDARD ERCP SCOPE AND INSERTED DIRECTLY INTO THE BILIARY AND PANCREATIC DUCTS, GIVING PHYSICIANS THE ABILITY TO HAVE DIRECT VISUALIZATION INSIDE THESE STRUCTURES.SPYGLASS DS TYPICALLY RESULTS IN MORE EFFICIENT EVALUATIONS AND HELPS REDUCE THE NEED FOR ADDITIONAL TESTING AND REPEAT PROCEDURES COMPARED TO TRADITIONAL ERCP, ENABLING PATIENTS TO RECEIVE A DEFINITIVE DIAGNOSIS AND TREATMENT SOONER.DR. CATTAU IS EXTREMELY FAMILIAR WITH THIS TECHNOLOGY, HAVING FIRST BEEN INVOLVED IN RESEARCH WITH PROTOTYPES FROM OTHER MANUFACTURERS MORE THAN 25 YEARS AGO. IN 2010, HE PERFORMED THE CITY'S FIRST ELECTROHYDRAULIC LITHOTRIPSY, THE REMOVAL OF LARGE STONES FROM THE BILE DUCT WITHOUT OPEN SURGERY, WITH SPYGLASS DS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Cloud MD Cmo/cmao | Officer | 40 | $460,954 |
Catherine Luchsinger Cno-Memphis (thru 09/21) | Officer | 40 | $281,230 |
Ashley Harris Associate Chief Medical Officer | 40 | $266,758 | |
Cyndi S Pittman CFO | Officer | 40 | $253,254 |
Samuel Pieh COO | Officer | 40 | $213,222 |
Darla G Belt Admin. - Nursing Director | 40 | $178,325 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Shiftwise Inc Staffing Agency Services | 9/29/21 | $11,750,655 |
University Of Tennessee Physician Services | 9/29/21 | $6,330,540 |
Morrison Management Specialists Inc Management Services | 9/29/21 | $6,225,091 |
Fresenius Medical Care Dialysis Services | 9/29/21 | $5,498,086 |
Connect Supplies Llc Management Services | 9/29/21 | $3,177,633 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $38,149,589 |
Investment income | -$25,787 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$1,406,671 |
Net Gain/Loss on Asset Sales | -$65,910 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $770,663,628 |
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. | $2,024,343 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $219,914,240 |
Pension plan accruals and contributions | $6,052,866 |
Other employee benefits | $30,484,280 |
Payroll taxes | $16,103,103 |
Fees for services: Management | $14,677 |
Fees for services: Legal | -$723 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $36,967 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $92,147,338 |
Advertising and promotion | $173,110 |
Office expenses | $16,701,678 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $5,562,430 |
Travel | $231,343 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $178,932 |
Interest | $50,758 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $22,806,774 |
Insurance | $10,793,892 |
All other expenses | $0 |
Total functional expenses | $731,548,456 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,835 |
Savings and temporary cash investments | $295,559,354 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $129,540,059 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $18,263,569 |
Prepaid expenses and deferred charges | $5,589,660 |
Investments—publicly traded securities | $0 |
Investments—other securities | $796,728 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $10,156,114 |
Total assets | $691,981,947 |
Accounts payable and accrued expenses | $50,806,053 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $390,823,616 |
Total liabilities | $441,629,669 |
Net assets without donor restrictions | $0 |
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 | $250,352,278 |
Over the last fiscal year, Baptist Memorial Hospital has awarded $199,369 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Memphis, TN PURPOSE: EYE GLASSES & MEDICAL SUPPLIES | $191,869 |
Carmel, IN PURPOSE: PINK RIBBON SPONSOR | $7,500 |
Over the last fiscal year, we have identified 3 grants that Baptist Memorial Hospital has recieved totaling $310,000.
Awarding Organization | Amount |
---|---|
Assisi Foundation Of Memphis Inc Memphis, TN PURPOSE: THE COTTAGE | $250,000 |
Herbert Kosten Pancreatic Cancer Charitable Fund Memphis, TN PURPOSE: RESEARCH FUNDS FOR PROJECT TITLED: OUTCOMES FOLLOWING NEOADJUVANT CHEMORADIATION AND ASSESSMENT OF GENETIC AND SOMATIC ALTERATIONS IN ANCILLARY AND DUODENAL ADENOCARCINOMA | $50,000 |
Breast Cancer Eradication Initiative Inc Germantown, TN PURPOSE: BREAST CANCER RESEARCH/EDUC/TREATMENT | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
St Lukes Hospital Of Kansas City Kansas City, MO | $1,771,100,748 | $1,070,641,998 |
Saint Thomas West Hospital St Louis, MO | $949,679,305 | $1,081,181,844 |
Baptist Health Little Rock, AR | $1,838,433,342 | $1,059,132,631 |
Mercy Hospital Springfield Springfield, MO | $547,925,906 | $1,115,699,805 |
Ascension St John Hospital St Louis, MO | $469,518,860 | $965,978,781 |
First Health Of The Carolinas Inc Pinehurst, NC | $1,544,188,654 | $986,400,718 |
Ssm Healthcare Of Oklahoma Inc St Louis, MO | $640,999,933 | $906,998,301 |
Saint Joseph Health System Inc Lexington, KY | $961,743,109 | $864,115,504 |
Mary Washington Healthcare Fredericksburg, VA | $593,675,918 | $863,388,863 |
Uofl Health-Louisville Inc Louisville, KY | $577,142,236 | $950,019,808 |
Ascension Providence Hospital St Louis, MO | $465,661,519 | $850,694,127 |
North Mississippi Medical Center Inc Tupelo, MS | $1,589,620,172 | $809,459,200 |