WINSTONSALEM, NC
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Sign In — Free (10 views/day)NORTH CAROLINA BAPTIST HOSPITAL, founded in 1923, is a large national nonprofit in the Health Care sector that reported $3.3B in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.
FOR CONTINUATIONNORTH CAROLINA BAPTIST HOSPITAL (AT TIMES ALSO REFERRED TO AS THE "HOSPITAL OR "NCBH OR "THE FILING ORGANIZATION") IS AN INTEGRAL PART OF ATRIUM HEALTH WAKE FOREST BAPTIST (AHWFB), A PREEMINENT LEARNING HEALTH SYSTEM AND ACADEMIC MEDICAL CENTER OF THE HIGHEST QUALITY WITH BALANCED EXCELLENCE IN PATIENT CARE, RESEARCH AND EDUCATION THAT PROMOTES BETTER HEALTH FOR ALL THROUGH COLLABORATION, EXCELLENCE AND INNOVATION. AHWFB'S MISSION IS TO IMPROVE HEALTH, ELEVATE HOPE, AND ADVANCE HEALING FOR ALL. AHWFB'S VISION IS TO BE THE FIRST AND BEST CHOICE FOR CARE.
1. CLINICAL SERVICES ATRIUM HEALTH WAKE FOREST BAPTIST IS NATIONALLY RECOGNIZED FOR CLINICAL EXCELLENCE AND INTERNATIONALLY KNOWN FOR PIONEERING RESEARCH AND CLINICAL INNOVATION. IT OFFERS EXPERTISE...
1. CLINICAL SERVICES ATRIUM HEALTH WAKE FOREST BAPTIST IS NATIONALLY RECOGNIZED FOR CLINICAL EXCELLENCE AND INTERNATIONALLY KNOWN FOR PIONEERING RESEARCH AND CLINICAL INNOVATION. IT OFFERS EXPERTISE IN MORE THAN 100 AREAS OF MEDICINE, ENCOMPASSING COMPREHENSIVE PREVENTIVE AND HIGHLY SPECIALIZED CARE FOR ALL AGES. ATRIUM HEALTH WAKE FOREST BAPTIST'S NETWORK INCLUDES THE 167-BED COMPREHENSIVE CANCER CENTER AND THE 144-BED BRENNER CHILDREN'S HOSPITAL, BOTH OF WHICH ARE ON THE ATRIUM HEALTH WAKE FOREST BAPTIST MEDICAL CENTER CAMPUS IN WINSTON-SALEM, AS WELL AS COMMUNITY HOSPITALS IN DAVIDSON, DAVIE, GUILFORD, AND WILKES COUNTIES. BRENNER CHILDREN'S HOSPITAL ALSO INCLUDES THE DALE AND KAREN SISEL NEONATAL INTENSIVE CARE UNIT, WITH 51 ALL-PRIVATE ROOMS. ACROSS ITS SERVICE AREA OF NORTHWEST NORTH CAROLINA AND SOUTHWEST VIRGINIA, ATRIUM HEALTH WAKE FOREST BAPTIST HAS SEVEN EMERGENCY DEPARTMENTS; 11 URGENT CARE LOCATIONS; 458 PHYSICIAN PRACTICES, INCLUDING PRIMARY CARE AND SPECIALTY CLINICS; 28 CANCER CARE LOCATIONS; AND THREE AMBULATORY SURGERY CENTERS. AS OF DECEMBER 31, 2024, ATRIUM HEALTH WAKE FOREST BAPTIST EMPLOYED 22,478 PEOPLE, INCLUDING OVER 2,000 PHYSICIANS, 2,700 ACTIVE MEDICAL STAFF; 3,200 PROVIDERS ALIGNED THROUGH ITS ACCOUNTABLE CARE ORGANIZATION AND CLINICALLY INTEGRATED NETWORK; 1,200 ADVANCED PRACTICE PROVIDERS; AND 4,500 NURSES. ATRIUM HEALTH WAKE FOREST BAPTIST CONTINUES TO INVEST IN THE COMMUNITIES IT SERVES THROUGH NEW AND EXPANDED FACILITIES AND SERVICES. IN 2024, THE HEALTH SYSTEM OPENED FOUR NEW LOCATIONS IN GREENSBORO, NORTH CAROLINA, INCLUDING A MEDICAL OFFICE BUILDING, AN URGENT CARE AND FAMILY MEDICINE CLINIC AND PEDIATRIC CLINICS. IT EXPANDED SERVICES IN EAST WINSTON-SALEM INTO A HISTORICALLY UNDERSERVED AREA AND RENAMED THE BUILDING THE KENNEDY-HOPKINS MEDICAL BUILDING, IN MEMORY OF TWO BLACK MEDICAL PIONEERS. AHWFB BROKE GROUND ON AN OUTPATIENT SURGERY CENTER IN WINSTON-SALEM, NORTH CAROLINA AND A MULTISPECIALTY MEDICAL OFFICE BUILDING AND OUTPATIENT SURGERY CENTER IN GREENSBORO, NORTH CAROLINA, TOTALING MORE THAN 164,000 SQUARE FEET OF SPACE. FOR THE 2024 CALENDAR YEAR, THE ATRIUM HEALTH WAKE FOREST BAPTIST SYSTEM HAD 90,522 ACUTE CARE BEDDED DISCHARGES; 247,093 EMERGENCY DEPARTMENT VISITS; 2,657,461 PHYSICIAN OFFICE VISITS; AND 150,789 URGENT CARE VISITS. IN 2024, ATRIUM HEALTH WAKE FOREST BAPTIST BECAME THE FIRST IN ADVOCATE HEALTH TO GIVE LECANEMAB THE FIRST FDA-APPROVED DRUG FOR ALZHEIMER'S DISEASE IN MORE THAN 20 YEARS TO A PATIENT. THIS MILESTONE POSITIONS AHWFB AS A LEADER IN INNOVATIVE CARE AND BUILDS ON ITS REPUTATION FOR BRIDGING ACADEMIC RESEARCH WITH CARE. ATRIUM HEALTH WAKE FOREST BAPTIST BECAME THE FIRST AND ONLY HEALTH SYSTEM IN THE CAROLINAS TO BEGIN USING THE ONLY FDA-CLEARED ROBOTIC-ASSISTED COCHLEAR IMPLANT TECHNOLOGY. COCHLEAR IMPLANTS CAN BE DESCRIBED AS "BIONIC EARS" THAT ARE IMPLANTED INTO THE INNER EAR OF PATIENTS 9 MONTHS AND OLDER WHO NEED ADVANCED HELP BEYOND HEARING AIDS TO RESTORE HEARING. COCHLEAR IMPLANTS PROVIDE DIRECT ELECTRICAL STIMULATION, THROUGH THE EAR, TO THE HEARING CENTERS OF THE BRAIN. THE ROBOTIC-ASSISTED INSERTION SYSTEM IS CURRENTLY INDICATED FOR PATIENTS 12 YEARS OF AGE AND OLDER WHO QUALIFY FOR A COCHLEAR IMPLANT. BEING AT THE FOREFRONT OF TECHNOLOGY, ATRIUM HEALTH WAKE FOREST BAPTIST IS ONE OF THE SELECT CENTERS TO OFFER THE TECHNOLOGY WITH THE CLOSEST OTHER CENTERS IN NEW JERSEY, PHILADELPHIA AND FLORIDA. HIGHLIGHTING ITS NATIONALLY RECOGNIZED ACHIEVEMENTS IN PATIENT SAFETY AND QUALITY, ATRIUM HEALTH WAKE FOREST BAPTIST DAVIE MEDICAL CENTER RECEIVED ITS SIXTH CONSECUTIVE A GRADE FROM THE LEAPFROG GROUP. 2. OUTREACH ATRIUM HEALTH WAKE FOREST BAPTIST CONTINUES A BROAD-BASED EFFORT TO REACH UNDERSERVED POPULATIONS ACROSS ITS SERVICE AREA, WHICH IS REFLECTED IN ITS ANNUAL COMMUNITY BENEFITS REPORT. FOR TAX YEAR ENDED DECEMBER 31, 2024, ATRIUM HEALTH WAKE FOREST BAPTIST REPORTED IT PROVIDED COMMUNITY BENEFITS VALUED AT $945 MILLION, INCLUDING $105 MILLION IN BAD DEBT, AS REPORTED TO THE STATE OF NORTH CAROLINA AND THE FEDERAL GOVERNMENT. THOSE BENEFITS SUPPORTED THESE AREAS: - FINANCIAL ASSISTANCE (FKA CHARITY CARE) - COMMUNITY HEALTH IMPROVEMENT AND OUTREACH PROGRAMS - EDUCATION AND TRAINING OF MEDICAL AND HEALTH PROFESSIONS AND CLINICAL RESEARCH - SUBSIDIZED HEALTH SERVICES AT THE DOWNTOWN HEALTH PLAZA, BETHESDA, AND SOUTHSIDE HEALTH CLINICS IN WINSTON SALEM, NC - UNREIMBURSED COSTS OF GOVERNMENT-FUNDED PROGRAMS, PRIMARILY MEDICARE AND MEDICAID ONE ANCHOR OF OUTREACH FOR THE ATRIUM HEALTH WAKE FOREST BAPTIST MEDICAL CENTER IS ITS DOWNTOWN HEALTH PLAZA, A FULL-SERVICE, OUTPATIENT MEDICAL CLINIC THAT SERVES MANY OF FORSYTH COUNTY'S UNINSURED AND UNDERINSURED RESIDENTS WITH A STATE-OF-THE-ART MEDICAL HOME. IN ADDITION TO CLINICAL CARE, THE DOWNTOWN HEALTH PLAZA OFFERS COMMUNITY HEALTH FAIRS, DIABETES EDUCATION, AND A CENTERING PREGNANCY PROGRAM THAT IS REDUCING THE INCIDENCE OF LOW BIRTH-WEIGHT BABIES. DURING THE 2024 CALENDAR YEAR, 54,739 PATIENT VISITS (18,512 WITH DISTINCT MEDICAL RECORD NUMBERS) WERE RECORDED AT THE DOWNTOWN HEALTH PLAZA, AND ANOTHER 9,899 VISITS (3,805 WITH DISTINCT MEDICAL RECORD NUMBERS) WERE RECORDED AT WINSTON EAST PEDIATRICS, A NEARBY ATRIUM HEALTH WAKE FOREST BAPTIST CARE FACILITY SERVING THE UNINSURED AND UNDERINSURED. ON-GOING WORK OF ATRIUM HEALTH WAKE FOREST BAPTIST INCLUDES: - REGULAR COMMUNITY-BASED HEALTH CLINICS, INCLUDING THE WEEKLY DELIVERING EQUAL ACCESS TO CARE (DEAC) CLINIC FOR UNINSURED RESIDENTS OF FORSYTH, DAVIDSON, DAVIE, STOKES, AND YADKIN COUNTIES; THE MONTHLY TRIAD FREE HEALTH CLINIC AT COMMUNITY MOSQUE IN WINSTON-SALEM; THE MONTHLY GRACE CLINIC AT NEW LIGHT MISSIONARY BAPTIST CHURCH IN WINSTON SALEM; AND THE ANNUAL SHARE THE HEALTH FAIR AT THE DOWNTOWN HEALTH PLAZA IN WINSTON SALEM. THESE CLINICS, SPONSORED BY PRIVATE ORGANIZATIONS AND CHURCHES WITH VOLUNTEER ASSISTANCE FROM ATRIUM HEALTH WAKE FOREST BAPTIST PHYSICIANS, NURSES, MEDICAL STUDENTS, AND OTHERS, ATTRACT THOUSANDS OF PEOPLE TO SCREENINGS FOR ACUTE AND CHRONIC CONDITIONS. - FAITHHEALTHNC, AN INITIATIVE THAT CONNECTS THE CARING STRENGTHS OF CONGREGATIONS, THE CLINICAL EXPERTISE OF PROVIDERS, AND A NETWORK OF COMMUNITY RESOURCES TO EASE THOSE ON THE JOURNEY TO HEALTH AND HEALING, STRENGTHENING COMMUNITIES IN THE PROCESS. WAKE FOREST UNIVERSITY SCHOOL OF MEDICINE AND WINSTON-SALEM STATE UNIVERSITY HAVE CREATED A PATHWAY PROGRAM TO ENCOURAGE MORE WINSTON-SALEM STATE STUDENTS TO PURSUE CAREERS AS PHYSICIAN ASSISTANTS (PA) AND APPLY TO WAKE FOREST UNIVERSITY SCHOOL OF MEDICINE'S PA PROGRAM. THIS NEW INITIATIVE BUILDS ON THE LONGSTANDING RELATIONSHIP BETWEEN THE DEPARTMENT OF PA STUDIES AT WAKE FOREST UNIVERSITY SCHOOL OF MEDICINE AND THE SCHOOL OF HEALTH SCIENCES AT WINSTON-SALEM STATE. THE MULTI-YEAR PARTNERSHIP HAS ENABLED PRE-PA STUDENTS TO RECEIVE IMPORTANT PROFESSIONAL GUIDANCE FROM PA FACULTY AND CURRENT STUDENTS WHO HAVE ELECTED TO PARTICIPATE IN THE RLW MENTORSHIP CERTIFICATE PROGRAM. NAMED IN HONOR OF PA STUDIES FACULTY MEMBER ROBERT LEE WOOTEN, THE CERTIFICATE PROGRAM PROVIDES A SERIES OF WORKSHOPS DESIGNED TO EQUIP PA STUDENTS WITH THE SKILLS AND KNOWLEDGE NECESSARY TO BECOME EFFECTIVE MENTORS. FORSYTH TECHNICAL COMMUNITY COLLEGE, A WINSTON-SALEM BASED COMMUNITY COLLEGE, ADDED SIX NEW APPRENTICESHIPS IN COMPUTED TOMOGRAPHY (CT), OFFERED IN PARTNERSHIP WITH ATRIUM HEALTH WAKE FOREST BAPTIST. THIS EXPANSION MARKS A SIGNIFICANT STEP IN ENHANCING THE EDUCATIONAL AND CAREER PROSPECTS FOR STUDENTS PURSUING CAREERS IN MEDICAL IMAGING. THE NEW CT APPRENTICESHIPS ARE DESIGNED TO PROVIDE STUDENTS WITH CRITICAL HANDS-ON EXPERIENCE, ALLOWING THEM TO APPLY THEIR CLASSROOM KNOWLEDGE IN REAL-WORLD HEALTHCARE SETTINGS. BY WORKING ALONGSIDE EXPERIENCED PROFESSIONALS AT ATRIUM HEALTH WAKE FOREST BAPTIST, STUDENTS WILL GAIN INVALUABLE SKILLS AND INSIGHTS THAT WILL PREPARE THEM FOR SUCCESSFUL CAREERS IN THE RAPIDLY GROWING FIELD OF MEDICAL IMAGING.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $3,259,407,603 | $2,974,309,173 | +0.1% |
| Expenses | $3,178,051,973 | $2,929,347,846 | +0.1% |
| Net Income | $81,355,630 | $44,961,327 | +0.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| STEPHEN L ROBERTSON | CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ARTHUR A GIBEL | VICE CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| A LEE HERRING | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| REV FRANK THOMAS | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM C WARDEN JR | CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| SHEREE B WATSON | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| JULIE ANN FREISCHLAG MD | CEO OF AHWFB | 15.70 |
Officer
|
$7,594,629 | $40,091 | $7,634,720 |
| BRADLEY A CLARK | EVP, TREASURER | 2.20 |
Officer
|
$2,513,703 | $419,389 | $2,933,092 |
| J MCLAIN WALLACE JR | SVP, GEN COUNSEL & SEC | 12.80 |
Officer
|
$0 | $30,227 | $1,689,329 |
| L EBONY BOULWARE MD | DEAN, WFU SOM | 40.00 |
Officer
|
$1,717,096 | $35,593 | $1,752,689 |
| LISA M MARSHALL | VP, CHIEF PHIL OFF | 10.00 |
Officer
|
$0 | $31,375 | $1,005,808 |
| STEPHAN L LILLIE | SVP & CFO AHWFB | 13.00 |
Officer
|
$0 | $62,046 | $728,685 |
| DAVID ZAAS MD | PRES, HEALTH SYSTEM | 10.00 |
Officer
|
$1,314,010 | $40,169 | $1,354,179 |
| CATHLEEN WHEATLEY DNP | PRES WFBMC, SVP CNO | 40.00 |
Highest
|
$0 | $18,941 | $1,268,605 |
| A MICK FISHER | SVP, CHRO WFB | 7.90 |
Highest
|
$0 | $34,812 | $1,020,124 |
| MICHAEL T WAID | SVP HLTH SYS OPS & INTG | 26.50 |
Highest
|
$0 | $50,757 | $887,425 |
| TODD BANKHEAD | SVP CLINICAL OPS, COO | 40.00 |
Highest
|
$0 | $39,293 | $901,417 |
| ALISA STARBUCK DNP | PRES BRENNER'S CH HOSP | 40.00 |
Highest
|
$0 | $40,148 | $910,757 |
| KEVIN P HIGH MD | FORMER OFFICER | 0.00 |
|
$1,277,196 | $45,150 | $1,322,346 |
| TERRY G WILLIAMS | FORMER OFFICER | 0.00 |
|
$2,204,442 | $248,612 | $2,453,054 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $3,259,407,603 | $3,178,051,973 | $2,781,137,808 | $81,355,630 |
| 2023 | $2,974,309,173 | $2,929,347,846 | $2,399,495,652 | $44,961,327 |
| 2022 | $2,499,734,301 | $2,520,454,293 | $2,183,312,199 | $-20,719,992 |
| 2021 | $1,207,994,903 | $1,219,581,755 | $2,504,263,399 | $-11,586,852 |
| 2021 | $2,315,710,065 | $2,243,527,437 | $2,518,157,866 | $72,182,628 |
| 2020 | $2,032,129,658 | $2,031,311,339 | $2,292,609,329 | $818,319 |
| 2019 | $1,907,506,079 | $1,950,016,623 | $2,099,795,220 | $-42,510,544 |
| 2018 | $1,795,774,962 | $1,802,673,061 | $1,951,468,151 | $-6,898,099 |
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