Baton Rouge General Medical Center
- Assets
- $483.4m
- Revenue
- $663.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Baton Rouge, LA
- Founding
- 06/1984
- Data as of
- 09/2023
- EIN
- 72-1025017
Organization Overview
Baton Rouge General Medical Center is located in Baton Rouge, LA. The organization was established in 1984. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baton Rouge General Medical Center 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, Baton Rouge General Medical Center generated $663.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $628.5m during the year ending 09/2023. While expenses have increased by 6.7% 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.
Since 2015, Baton Rouge General Medical Center has awarded 29 individual grants totaling $8,886,829. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HIGH QUALITY HEALTHCARE TO THE BATON ROUGE AREA, REGARDLESS OF PATIENT RACE, CREED, SEX, NATIONAL ORIGIN, AGE, OR ABILITY TO PAY AND TO PROMOTE THE OVERALL HEALTH OF THE COMMUNITY VIA WELLNESS PROGRAMS AND MEDICAL EDUCATION ACTIVITIES.
Describe the Organization's Program Activity:
BATON ROUGE GENERAL (BRG) PROVIDES QUALITY HEALTHCARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, AGE OR ABILITY TO PAY. ALTHOUGH REIMBURSEMENT FOR SERVICES IS CRITICAL TO THE OPERATIONS AND STABILITY OF BRG, IT IS RECOGNIZED THAT NOT ALL INDIVIDUALS HAVE THE ABILITY TO PAY FOR ESSENTIAL MEDICAL SERVICES. IN KEEPING WITH ERG'S COMMITMENT TO SERVING THE COMMUNITY, BRG PROVIDED $8,768,421 OF FREE AND/OR UNSUBSIDIZED CARE, $422,670,290 OF CARE CHARGE-OFFS PROVIDED TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS AT BELOW COST AS WELL AS HEALTH ACTIVITIES AND EDUCATION PROGRAMS. DURING FY 2023, BRG RECORDED 17,710 ADMITS, 1,946,518 OUTPATIENT CASES/PROCEDURES/LAB TESTS, RECORDED 97,675 PATIENT DAYS, 79,372 EMERGENCY ROOM VISITS, DISPENSED 1,500,000 PHARMACY UNIT DOSES AND 13,779 INPATIENT/OUTPATIENT SURGERIES.
BRG OFFERS A FULL RANGE OF INPATIENT AND OUTPATIENT SURGICAL SERVICES TO THE GREATER BATON ROUGE AREA INCLUDING, BUT NOT LIMITED TO, GENERAL, ORTHOPEDIC, CARDIOVASCULAR, AND NEUROSURGERIES USING THE LATEST IN TECHNOLOGY SUCH AS ROBOTIC SURGERY. BRG IS HOME TO THE AREA'S FINEST GENERAL AND ORTHOPEDIC SPECIALISTS AND OFFERS THE LATEST TECHNOLOGY AND CLINICALLY COMPETENT SUPPORT STAFF IN THE AREA. BRG COMPLETED 13,779 SURGERIES DURING THE FISCAL YEAR.
THE BRG INPATIENT/OUTPATIENT PHARMACIES PROVIDE OUR PATIENTS WITH THE MOST CURRENT AND EFFECTIVE PHARMACEUTICALS ON THE MARKET. PHARMACY ADMINISTRATION IS AN INTEGRAL PART OF PATIENT THERAPY AND RECOVERY. DURING THE YEAR, THE INPATIENT/OUTPATIENT PHARMACIES DISPENSED 1,500,000 UNIT DOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Olinde MD Board Mem | Trustee | 2 | $0 |
Annette Barton Board Member | Trustee | 2 | $0 |
Bart Phillips Board Member | Trustee | 2 | $0 |
Brad Gaspard MD Cmo - Brg Physician Board Member | Trustee | 2 | $0 |
Chris Tyson Board Member | Trustee | 2 | $0 |
Edgardo Tenreiro President & CEO | OfficerTrustee | 48 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
General Health System Management & Governance | 9/29/23 | $85,768,810 |
Hmg Physicians Llc Prof Medical Services | 9/29/23 | $4,826,842 |
Baton Rouge Clinic Professional Medical Services | 9/29/23 | $3,227,834 |
Lsu Health Sciences Center Professional Medical Services | 9/29/23 | $2,574,225 |
Bayou Radiation Oncology Professional Medical Services | 9/29/23 | $2,051,567 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,301,791 |
| Government grants | $9,206,570 |
| All other contributions, gifts, grants, and similar amounts not included above | $164,314 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,672,675 |
| Total Program Service Revenue | $635,290,097 |
| Investment income | $3,009,617 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $9,432,856 |
| Net Gain/Loss on Asset Sales | $12,899 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $663,406,632 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,124,967 |
| Grants and other assistance to domestic individuals. | $29,762 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $159,525,435 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $39,313,650 |
| Payroll taxes | $12,128,209 |
| Fees for services: Management | $85,940,264 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $39,554 |
| Fees for services: Other | $77,896,052 |
| Advertising and promotion | $50,351 |
| Office expenses | $909,863 |
| Information technology | $1,183,625 |
| Royalties | $0 |
| Occupancy | $12,742,264 |
| Travel | $531,994 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,780,288 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,633,667 |
| Insurance | $321,971 |
| All other expenses | $650,801 |
| Total functional expenses | $628,451,995 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,207,941 |
| Savings and temporary cash investments | $123,750,097 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $51,814,201 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,910,292 |
| Inventories for sale or use | $15,593,122 |
| Prepaid expenses and deferred charges | $2,835,976 |
| Net Land, buildings, and equipment | $185,275,517 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $84,048,669 |
| Total assets | $483,435,815 |
| Accounts payable and accrued expenses | $16,521,054 |
| 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 | $134,362,727 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $150,883,781 |
| Net assets without donor restrictions | $332,552,034 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $483,435,815 |
Grants Awarded
Over the last fiscal year, Baton Rouge General Medical Center has awarded $1,124,967 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CANCER ASSOC OF GTR NEW ORLEANS PURPOSE: CHARITY EFFORTS | $75,000 |
GENERAL HEALTH SYSTEM FOUNDATION PURPOSE: CHARITY EFFORTS | $1,049,967 |