Baptist Memorial Hospital Tipton

Organization Overview

Baptist Memorial Hospital Tipton is located in Covington, TN. The organization was established in 1982. 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 Tipton employed 601 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baptist Memorial Hospital Tipton 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 09/2021, Baptist Memorial Hospital Tipton generated $191.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $177.2m during the year ending 09/2021. While expenses have increased by 13.4% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

BAPTIST MEMORIAL HOSPITAL-TIPTON, INC. PROVIDES QUALITY MEDICAL HEALTH CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE.

Describe the Organization's Program Activity:

BAPTIST MEMORIAL HOSPITAL-TIPTON, INC. PROVIDES QUALITY MEDICAL HEALTH CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE. ALTHOUGH REIMBURSEMENT FOR SERVICES RENDERED IS CRITICAL TO THE OPERATION AND STABILITY OF BAPTIST MEMORIAL HOSPITAL-TIPTON, INC., 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-TIPTON, INC. 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 SPECIAL PROGRAMS FOR THE ELDERLY, HANDICAPPED, MEDICALLY UNDERSERVED, AND A VARIETY OF BROAD COMMUNITY SUPPORT ACTIVITIES.THE LARGEST PROGRAM SERVICES PROVIDED THE FOLLOWING FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2021:- THE ONCOLOGY DEPARTMENT PERFORMED 250,119 PROCEDURES AT A COST OF $125,463,657.- THE ER DEPARTMENT HAD 21,467 PATIENT VISITS AT A COST OF $1,832,830.- THE RADIOLOGY DEPARTMENT PERFORMED 36,769 PROCEDURES AT A COST OF $1,979,747.- THE NURSING/SURGERY/LABOR AND DELIVERY DEPARTMENT HAD 259 BIRTHS, PERFORMED 327 SURGERIES, AND HAD 2,828 PATIENT DAYS AT A COST OF $6,198,410. DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2021, BAPTIST MEMORIAL HOSPITAL-TIPTON, INC. PROVIDED SERVICES FOR 1,256 INPATIENTS AND MORE THAN 105,280 OUTPATIENTS.BAPTIST MEMORIAL HOSPITAL-TIPTON, INC. PROVIDES CARE TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS FROM WHICH THE HOSPITAL RECEIVES PAYMENT AT LESS THAN MARKET VALUE REIMBURSEMENT. RECOGNIZING ITS MISSION TO THE COMMUNITY, SERVICES ARE PROVIDED TO MEDICARE, MEDICAID AND UNINSURED PATIENTS. TO THE EXTENT REIMBURSEMENT IS BELOW COST, BAPTIST MEMORIAL HOSPITAL-TIPTON, INC. RECOGNIZES THESE AMOUNTS AS CHARITY CARE IN MEETING ITS MISSION TO THE ENTIRE COMMUNITY. DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2021, THE UNREIMBURSED VALUE OF PROVIDING CARE TO THESE PATIENTS WAS $387,489,193.CHARITY CARE IS ALSO PROVIDED THROUGH MANY REDUCED PRICE SERVICES AND FREE PROGRAMS OFFERED THROUGHOUT THE YEAR BASED UPON ACTIVITIES AND SERVICES THAT BAPTIST MEMORIAL HOSPITAL-TIPTON, INC. BELIEVES WILL SERVE A BONA FIDE COMMUNITY HEALTH NEED.EDUCATIONAL PROGRAMS WERE OFFERED TO THE PUBLIC ON A PERIODIC BASIS. BREAST CANCER AWARENESS - DURING OCTOBER, THE MAMMOGRAPHY PATIENTS RECEIVED PROMOTIONAL EDUCATIONAL MATERIALS AS WELL AS GIVEAWAYS TO PROMOTE AWARENESS. ADS ARE RUN IN THE COVINGTON LEADER TO ENCOURAGE WOMEN TO GET MAMMOGRAMS.NURSING STUDENTS FROM DYERSBURG STATE COME TO BAPTIST MEMORIAL HOSPITAL-TIPTON, INC. TO COMPLETE THEIR CLINICAL ROTATIONS. STUDENTS ALSO COME FROM CONCORDE TO RECEIVE TRAINING IN THE LAB, RESPIRATORY THERAPY, RADIOLOGY AND PHARMACY.DIRECT SUPPORT:AMERICAN CANCER SOCIETYAMERICAN HOSPITAL ASSOCIATIONTENNESSEE HOSPITAL ASSOCIATIONSUSAN G. KOMENTIPTON COVINGTON CHAMBER OF COMMERCESOUTH TIPTON CHAMBER OF COMMERCECARL PERKINS CHILD ABUSE PREVENTION CENTERMUNFORD HIGH SCHOOLCOVINGTON HIGH SCHOOLLAW ENFORCEMENT FOR TIPTONCOMMUNITY ACTIVITIES:LIFE BLOOD DRIVESCAREER DAY AT HIGH SCHOOLSPEAKERS ON HEALTH TOPICS FOR ROTARY CLUB, LIONS CLUB, EXCHANGE CLUB AND AREA SCHOOLSUNITED WAYHEALTH FAIRS TIPTON COUNTY COMMISSION ON AGING - BREAST CANCER AWARENESSCOMMUNITY ADVISORY BOARDCOVINGTON LIBRARYROTARY CLUBJUNIOR AUXILIARY OF TIPTON COUNTYADULT TOTAL LEADERSHIPYOUTH TOTAL LEADERSHIPTIPTON COUNTY HEALTH DEPARTMENTTIPTON COUNTY HEALTH COUNCILHEALTHIER TN - TIPTON COUNTYBOYS AND GIRLS CLUBCELEBRATE MUNFORD


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Threlkeld Threlkeld & Omer
Physician Services
$332,282
Lifelinc Anesthesia
Anesthesia Services
$661,719
Ob Hospitalist Group
Physician Services
$850,130
Team Health Inc
Physician Services
$483,123
Morrison Management Specialists Inc
Management Services
$368,656
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$81,811
Government grants $183,489
All other contributions, gifts, grants, and similar amounts not included above$2,094,819
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,360,119
Total Program Service Revenue$189,323,052
Investment income $30,598
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,481
Net Gain/Loss on Asset Sales $10,000
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $191,919,285

Grants Awarded

Over the last fiscal year, Baptist Memorial Hospital Tipton has awarded $80,000 in support to 4 organizations.

Grant RecipientAmount

AMERICAN CANCER SOCIETY INC

Org PageRecipient Profile

Kennesaw, GA

PURPOSE: ACCESS TO CARE PARTNER AND RELAY FOR LIFE

$25,000

AMERICAN CANCER SOCIETY INC

Org PageRecipient Profile

Kennesaw, GA

PURPOSE: ACCESS TO CARE PARTNER AND RELAY FOR LIFE

$25,000

SUSAN G KOMENMIDSOUTH AFFILIATE

Org PageRecipient Profile

Dallas, TX

PURPOSE: RACE FOR THE CURE SPONSORSHIP

$15,000

SUSAN G KOMENMIDSOUTH AFFILIATE

Org PageRecipient Profile

Dallas, TX

PURPOSE: RACE FOR THE CURE SPONSORSHIP

$15,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Baptist Memorial Hospital Tipton has recieved totaling $81,811.

Awarding OrganizationAmount
Baptist Memorial Health Care Foundation

Memphis, TN

PURPOSE: VARIOUS MEDICAL AND COMMUNITY PROJECTS

$81,811
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
St Lukes Hospital Of Kansas City
Kansas City, MO
$1,070,641,998
Saint Thomas West Hospital
St Louis, MO
$1,081,181,844
Baptist Health
Little Rock, AR
$1,059,132,631
Mercy Hospital Springfield
Springfield, MO
$1,115,699,805
Ascension St John Hospital
St Louis, MO
$965,978,781
First Health Of The Carolinas Inc
Pinehurst, NC
$986,400,718
Ssm Healthcare Of Oklahoma Inc
St Louis, MO
$906,998,301
Saint Joseph Health System Inc
Lexington, KY
$864,115,504
Mary Washington Healthcare
Fredericksburg, VA
$863,388,863
Uofl Health-Louisville Inc
Louisville, KY
$950,019,808
Ascension Providence Hospital
St Louis, MO
$850,694,127
North Mississippi Medical Center Inc
Tupelo, MS
$809,459,200

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