Baptist Memorial Medical Group Inc

Organization Overview

Baptist Memorial Medical Group Inc is located in Memphis, TN. The organization was established in 1997. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 09/2023, Baptist Memorial Medical Group Inc employed 1,938 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baptist Memorial Medical Group 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 09/2023, Baptist Memorial Medical Group Inc generated $241.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $269.4m during the year ending 09/2023. While expenses have increased by 9.6% per year over the past 8 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

BAPTIST MEMORIAL MEDICAL GROUP, INC. IS A PROVIDER OF AMBULATORY HOSPITAL SERVICES IN SUPPORT OF ITS MISSION OF PROVIDING HEALTH CARE TO THE COMMUNITY. BAPTIST MEMORIAL MEDICAL GROUP, INC. PROVIDES DIRECT PRIMARY CARE MEDICAL SERVICES THROUGH ITS EMPLOYED MEDICAL PROVIDERS. BAPTIST MEMORIAL MEDICAL GROUP, INC. PROVIDES SUCH SERVICES TO THE COMMUNITY AT LARGE.

Describe the Organization's Program Activity:

BAPTIST MEMORIAL MEDICAL GROUP, INC. PROVIDES AMBULATORY SERVICES IN SUPPORT OF ITS MISSION OF PROVIDING HEALTH CARE TO THE COMMUNITY. BAPTIST MEMORIAL MEDICAL GROUP, INC. OFFERS MEDICAL CARE THAT REFLECTS THE THREE-FOLD MINISTRY OF CHRIST-PREACHING, TEACHING AND HEALING, AND IS COMMITTED TO PROVIDING QUALITY CARE TO THE COMMUNITIES IT SERVES. BAPTIST MEMORIAL MEDICAL GROUP, INC. OFFERS MEDICAL CARE TO PERSONS LIVING IN AREAS OF ARKANSAS, TENNESSEE, AND MISSISSIPPI, WHO ARE CURRENTLY UNDERSERVED BY THE MOST BASIC OF HEALTH CARE SERVICES.BAPTIST MEMORIAL MEDICAL GROUP, INC. USES ITS SERVICES AS A MEANS OF PROVIDING QUALITY HEALTH CARE TO EVERYONE IN THE COMMUNITY. THE PATIENT-FOCUSED HEALTH CARE IS DELIVERED IN A FRIENDLY, COMPASSIONATE, AND RESPONSIVE MANNER AS REFLECTED IN THE "SERVICE FIRST" PHILOSOPHY OF THE ENTIRE BAPTIST MEMORIAL HEALTH CARE SYSTEM: RESPECT FOR THE INDIVIDUAL AND THE VALUE OF DIVERSITY, TRUST AND TEAMWORK, AND CONTINUOUS IMPROVEMENT. THE RESOURCES OF BAPTIST MEMORIAL HEALTH CARE CORPORATION, THE SOLE MEMBER OF BAPTIST MEMORIAL MEDICAL GROUP, INC., AND ITS AFFILIATES ARE AVAILABLE TO IDENTIFY AND PLACE PRIMARY CARE PRACTITIONERS AND SPECIALISTS IN AREAS WHERE THEY ARE MOST NEEDED.IN ADDITION, BAPTIST MEMORIAL MEDICAL GROUP, INC. RECRUITS AND SUPPORTS PHYSICIANS MOVING TO RURAL, UNDERSERVED AREAS IN ARKANSAS, TENNESSEE, AND MISSISSIPPI. FINANCIAL SUPPORT IS NECESSARY TO AID PHYSICIANS BEGINNING THEIR PRACTICE IN UNDERSERVED AREAS. THE PRESENCE OF THESE PHYSICIANS IN THE AREA MAKES IT POSSIBLE FOR RESIDENTS TO AVOID TRAVEL TO NEIGHBORING COMMUNITIES TO RECEIVE BASIC HEALTH CARE SERVICES.BAPTIST MEMORIAL MEDICAL GROUP, INC. IS A MULTISPECIALTY PHYSICIAN GROUP WITH MORE THAN 500 PHYSICIANS REPRESENTING OVER 40 SPECIALTIES INCLUDING PEDIATRICS, FAMILY PRACTICE, ONCOLOGY, WOMEN'S HEALTH, NEUROLOGY, GASTROENTEROLOGY, CARDIOLOGY, AND ORTHOPAEDIC SURGERY, TO NAME A FEW.BAPTIST MEMORIAL MEDICAL GROUP, INC. PROVIDES CARE TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS FROM WHICH WE MAY RECEIVE PAYMENT AT LESS THAN MARKET VALUE REIMBURSEMENT. RECOGNIZING ITS MISSION TO THE COMMUNITY, SERVICES ARE PROVIDED TO MEDICARE, TENNCARE, AND UNINSURED PATIENTS. TO THE EXTENT REIMBURSEMENT IS BELOW COST, BAPTIST MEMORIAL MEDICAL GROUP, INC. RECOGNIZES THESE AMOUNTS AS CHARITY CARE IN MEETING ITS MISSION TO THE ENTIRE COMMUNITY.CHARITY CARE IS PROVIDED THROUGH MANY REDUCED-PRICE SERVICES AND FREE PROGRAMS OFFERED THROUGHOUT THE YEAR BASED UPON ACTIVITIES AND SERVICES WHICH BAPTIST MEMORIAL MEDICAL GROUP, INC. BELIEVES WILL SERVE A BONA FIDE COMMUNITY HEALTH NEED. THROUGH ITS AFFILIATION WITH BAPTIST MEMORIAL HEALTH CARE CORPORATION AND ITS AFFILIATED BAPTIST MEMORIAL HOSPITALS IN ARKANSAS, TENNESSEE, AND MISSISSIPPI, BAPTIST MEMORIAL MEDICAL GROUP, INC. PROVIDES THE FOLLOWING PROGRAMS AND SERVICES FOR THE COMMUNITY:- COMMUNITY HEALTH FAIRS- PHYSICAL EXAMS FOR STUDENTS ACTIVE IN COMPETITIVE SPORTS- TENNESSEE NURSING ASSOCIATION MEETINGS- EDUCATIONAL CLASSES, SHADOWING AND MENTORING OPPORTUNITIES FOR STUDENTS- PROVISION OF STAFF NURSES TO HELP WITH SENIOR CITIZENS' HEALTH FAIR- EMPLOYEE ACTIVITIES TO RAISE MONEY FOR UNITED WAY, AMERICAN HEART ASSOCIATION, AND VARIOUS OTHER CHARITABLE EVENTS- PROVISION OF PHYSICIANS FOR SPEAKING ENGAGEMENTS ON TOPICAL HEALTH ISSUES TO THE COMMUNITY


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ut Medical Group Inc
Physician Services
$7,181,705
Ricu Llc
Physician Services
$2,253,785
Locumtenenscom
Physician Services
$1,958,304
Team Health Inc
Physician Services
$1,319,702
Brian Bruckner
Physician Services
$526,210
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$166,738
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$166,738
Total Program Service Revenue$240,734,455
Investment income $12,376
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $58,106
Net Gain/Loss on Asset Sales -$2,691
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $241,599,300

Grants Awarded

Over the last fiscal year, Baptist Memorial Medical Group Inc has awarded $30,000 in support to 4 organizations.

Grant RecipientAmount

BAPTIST MEMORIAL HEALTH CARE FOUNDATION INC

PURPOSE: DONATION FOR DUCK CLASSIC

$5,000

TENNESSEE MEDICAL FOUNDATION

PURPOSE: GENERAL DONATION

$10,000

BAPTIST MEMORIAL HEALTH CARE FOUNDATION INC

PURPOSE: DONATION FOR DUCK CLASSIC

$5,000

TENNESSEE MEDICAL FOUNDATION

PURPOSE: GENERAL DONATION

$10,000
View Grant Profile

Peer Organizations

Organization NameAssets
Saint Lukes Physician Group Inc
Kansas City, MO
$521,965,139
Mercy Clinic Springfield Communities
Springfield, MO
$290,486,116
Saint Thomas Medical Partners
St Louis, MO
$255,107,010
Baptist Memorial Medical Group Inc
Memphis, TN
$241,599,300
Presence Healthcare Services
St Louis, MO
$118,748,880
Mercy Clinic Fort Smith Communities
Fort Smith, AR
$108,509,219
Ascension Medical Group Michigan
St Louis, MO
$79,443,122
Health Services Of Central Georgia Inc
Macon, GA
$84,609,328
Gaston Family Health Services Inc
Gastonia, NC
$117,999,287
Cumberland Family Medical Center Inc
Burkesville, KY
$110,863,214
Mercy Aco Clinical Services Inc
Chesterfield, MO
$104,344,535
The Stern Cardiovascular Foundation Inc
Germantown, TN
$54,640,164
Daymark Recovery Services Inc
Salisbury, NC
$97,779,958
North Mississippi Medical Clinics
Tupelo, MS
$55,414,901
Frontier Health
Gray, TN
$78,050,272
Lewis County Promary Care Center Inc
Vanceburg, KY
$85,005,084
Medcura Health Inc
Stone Mountain, GA
$76,038,864
Piedmont Health Services Inc
Chapel Hill, NC
$81,083,702
Central Virginia Health Services Inc
New Canton, VA
$72,389,189
Cherokee Health Systems
Knoxville, TN
$79,573,007
Blue Ridge Community Health Services Inc
Hendersonville, NC
$62,656,893
Medical Foundation Inc Non Profit Organization
Meridian, MS
$33,212,172
Roane County Medical Center
Knoxville, TN
$46,483,294
Maury Regional Medical Group Inc
Columbia, TN
$41,372,482
Music City Prep Clinic
Nashville, TN
$46,529,446

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