Baptist Outpatient Services Inc

EIN: 562290370 501(c)(3) Health Care

Coral Gables, FL

Total Revenue
$212,252,168
Total Expenses
$191,685,230
Total Assets
$129,054,415
Net Assets
$46,273,827
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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
FL
Phone
7866627000
Tax Period
2023-10-01 to 2024-09-30

Baptist Outpatient Services Inc, founded in 2005, is a major nonprofit in the Health Care sector that reported $212.3M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $191.7M left a modest 10% surplus.

Mission

AS PART OF THE BAPTIST HEALTH NETWORK, THE MISSION OF BAPTIST OUTPATIENT SERVICES IS TO IMPROVE THE HEALTH AND WELL-BEING OF INDIVIDUALS, AND TO PROMOTE THE SANCTITY AND PRESERVATION OF LIFE, IN THE COMMUNITIES WE SERVE. BAPTIST HEALTH IS A FAITH-BASED ORGANIZATION GUIDED BY THE SPIRIT OF JESUS CHRIST AND THE JUDEO-CHRISTIAN ETHIC. WE ARE COMMITTED TO MAINTAINING THE HIGHEST STANDARDS OF CLINICAL AND SERVICE EXCELLENCE, ENHANCED THROUGH TEACHING, RESEARCH AND INNOVATION, AND ROOTED IN THE UTMOST INTEGRITY AND MORAL PRACTICE. CONSISTENT WITH ITS SPIRITUAL FOUNDATION, BAPTIST HEALTH IS DEDICATED TO PROVIDING HIGH-QUALITY, COST-EFFECTIVE, COMPASSIONATE HEALTHCARE SERVICES TO ALL, REGARDLESS OF RELIGION, CREED, RACE OR NATIONAL ORIGIN, INCLUDING, AS PERMITTED BY ITS RESOURCES, CHARITY CARE TO THOSE IN NEED.

Program Service Accomplishments

Program 1
Expenses: $156,887,852 Revenue: $196,720,089

CONSISTENT WITH ITS SPIRITUAL FOUNDATION, BAPTIST HEALTH IS DEDICATED TO PROVIDING HIGH-QUALITY, COST-EFFECTIVE, AND COMPASSIONATE HEALTHCARE SERVICES TO ALL, INCLUDING, AS PERMITTED BY OUR...

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CONSISTENT WITH ITS SPIRITUAL FOUNDATION, BAPTIST HEALTH IS DEDICATED TO PROVIDING HIGH-QUALITY, COST-EFFECTIVE, AND COMPASSIONATE HEALTHCARE SERVICES TO ALL, INCLUDING, AS PERMITTED BY OUR RESOURCES, CHARITY CARE TO THOSE IN NEED. DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2024, BAPTIST HEALTH PROVIDED PATIENT SERVICES TO THE SOUTH FLORIDA AREA WITH 105,508 ADULT ADMISSIONS, 554,489 PATIENT DAYS, AND 537,712 EMERGENCY ROOM VISITS. DURING THAT SAME TIME PERIOD, URGENT CARE VISITS TOTALED 369,145, OUTPATIENT SURGERY CASES TOTALED 130,491, AND TOTAL OUTPATIENT VISITS WERE 2,110,093 SYSTEM-WIDE. AS OF SEPTEMBER 30, 2024, THE SYSTEM BOASTED 2,894 LICENSED INPATIENT BEDS, INCLUDING 2,709 ACUTE CARE BEDS. OVERALL, IN FY2024, BAPTIST HEALTH PROVIDED MORE THAN $474,000,000 IN COMMUNITY BENEFIT. THIS INCLUDED CHARITY CARE VALUED AT $128,853,162 AS WELL AS $253,887,671 IN MEDICAL SHORTFALL. T HE ESTIMATED COST OF PROVIDING CHARITY CARE AND UNCOMPENSATED SERVICES IS BASED ON RECENT HISTORICAL COST-TO-CHARGE RATIOS FOR CHARITY PATIENTS AND MEDICAID PATIENTS FROM BHSF'S COST ACCOUNTING SYSTEM, APPLIED TO THE CURRENT PERIOD GROSS UNCOMPENSATED CHARGES ASSOCIATED WITH PROVIDING CARE TO CHARITY AND MEDICAID PATIENTS. WE ALSO CONTRIBUTED $53,328,827 TO THE INDIGENT CARE FUND AND EXPENDED $6,207,856 FOR EDUCATIONAL PROGRAMS, SCREENINGS, AND DONATIONS. FREE COMMUNITY HEALTH AND WELLNESS PROGRAMS COVERED TOPICS SUCH AS NUTRITION, EXERCISE, DIABETES MANAGEMENT, MENTAL HEALTH, MEDITATION, SELF-CARE, AND MANY MORE. BAPTIST HEALTH ALSO OFFERED COMPLIMENTARY SCREENINGS FOR CHOLESTEROL, BLOOD PRESSURE, GLUCOSE, BODY COMPOSITION, AND WAIST CIRCUMFERENCE . FURTHERING ITS COMMITMENT TO PROVIDING PRIMARY CARE SERVICES TO THOSE IN NEED, BAPTIST HEALTH DONATED $6,708,954 TO NEIGHBORHOOD NOT-FOR-PROFIT CLINICS, including: THE GOOD NEWS CARE CENTER IN FLORIDA CITY, OPEN DOOR HEALTH CENTER AND HOMESTEAD COMMUNITY HEALTH CENTER IN HOMESTEAD, THE GOOD HEALTH CLINIC IN TAVERNIER, THE FLORIDA KEYS AHEC IN THE KEYS, THE CARIDAD CENTER IN BOYNTON BEACH, THE SOUTH MIAMI CHILDREN'S CLINIC IN SOUTH MIAMI, CARING FOR Miami Mobile Dental Clinic, CHAPMAN PARTNERSHIP, AND GOOD SAMARITAN THROUGHOUT THE SOUTH FLORIDA AREA. Baptist Health SPENT $22,784,600 IN ORDER TO PROVIDE CARE TO OUR COMMUNITY MEMBERS IN NEED. ADDITIONALLY, WE PROVIDED $2,751,644 IN PALLIATIVE CARE AND CHAPLAINCY PROGRAMS. BAPTIST HEALTH FULFILLS ITS MISSION TO PROVIDE COMPASSIONATE CARE BY PROVIDING ASSISTANCE TO THOSE IN FINANCIAL NEED AND SUPPORTING SERVICES THAT ARE ESSENTIAL TO THE COMMUNITY. BEYOND THE AFOREMENTIONED HEALTH-RELATED CONTRIBUTIONS, BAPTIST HEALTH ALSO EXERTS A SUBSTANTIAL AND POSITIVE IMPACT ON OUR COMMUNITY. WITH A WORKFORCE EXCEEDING 27,000 INDIVIDUALS , WE STAND AS SOUTH FLORIDA'S LARGEST PRIVATE EMPLOYER. BAPTIST HEALTH IS TAKING A LEADERSHIP ROLE BY COMMITTING TO THE ENVIRONMENTALLY RESPONSIBLE, ENERGY-EFFICIENT DESIGN AND FUNCTION OF OUR FACILITIES. THIS COMMITMENT APPLIES TO OUR DAY-TO-DAY OPERATIONS, FROM THE SUPPLIES WE PURCHASE TO THE VEHICLES WE USE. ALIGNED WITH OUR FAITH-BASED MISSION, BAPTIST HEALTH REMAINS COMMITTED TO MAKING A SIGNIFICANT, POSITIVE IMPACT ON THE COMMUNITIES IT SERVES.

Program 2
Expenses: $12,197,850 Revenue: $13,993,583

AS PART OF THE BAPTIST HEALTH SOUTH FLORIDA EXECUTIVE BENEFIT PLAN, EXECUTIVES ARE ELIGIBLE TO ALLOCATE A PORTION OF THEIR FLEXIBLE SPENDING ALLOWANCE TO A SUPPLEMENTAL SURVIVOR ACCUMULATION BENEFIT...

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AS PART OF THE BAPTIST HEALTH SOUTH FLORIDA EXECUTIVE BENEFIT PLAN, EXECUTIVES ARE ELIGIBLE TO ALLOCATE A PORTION OF THEIR FLEXIBLE SPENDING ALLOWANCE TO A SUPPLEMENTAL SURVIVOR ACCUMULATION BENEFIT (SSAB) ACCOUNT. THE SSAB IS A LIFE INSURANCE PRODUCT THAT PROVIDES A DEFERRED RETIREMENT BENEFIT FOR THE EXECUTIVE OR A DEATH BENEFIT FOR THE EXECUTIVE'S SURVIVORS. CONTRIBUTIONS TO THE SSAB MAY BE MADE ANNUALLY TO THE PARTICIPANT'S ACCOUNT. ALL CONTRIBUTIONS ACCUMULATE, ALONG WITH INVESTMENT EARNINGS, FOR THE PERIOD THE EXECUTIVE PARTICIPATES. THE EXECUTIVE DOES NOT HAVE ACCESS TO THE CONTRIBUTIONS MADE OR THE RELATED INVESTMENT INCOME, ALL OF WHICH IS SUBJECT TO SUBSTANTIAL RISK OF FORFEITURE. PURSUANT TO THE SSAB PLAN GUIDELINES, THIS BENEFIT IS TERMINATED UPON AN EXECUTIVE REACHING AGE 65, HOWEVER, PAYMENT CAN BE DEFERRED TO A DATE AT LEAST TWO YEARS AFTER REACHING AGE 65 BUT NO LATER THAN 68. AT THAT TIME THE ENTIRE AMOUNT ACCUMULATED IS PAID OUT IN A LUMP SUM.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $856,969
Program Service Revenue $210,475,354
Investment Income $502,807
Other Revenue $417,038
TOTAL REVENUE $212,252,168

Expense Breakdown

Grants Paid $0
Salaries & Benefits $66,792,778
Fundraising Expenses $0
Program Expenses $169,085,702
Other Expenses $124,892,452
TOTAL EXPENSES $191,685,230

Year-over-Year Comparison

2023 2022 Change
Revenue $212,252,168 $178,983,880 +0.2%
Expenses $191,685,230 $162,088,193 +0.2%
Net Income $20,566,938 $16,895,687 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
18
Independent Members
18
Employees
908
Volunteers
2

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$1,944,000
Total Directors
18
$4,326
Key Employees
3
$1,737,700
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Andres Miyares Director 2.0
Director
$0 $0 $0
Ann E Pope Director 2.0
Director
$0 $0 $0
Anthony Alonso JR DMD Director 2.0
Director
$0 $0 $0
Arturo Pedroso Director 2.0
Director
$0 $0 $0
Brenda Victoria Director 2.0
Director
$0 $0 $0
Darren Seys Director 2.0
Director
$0 $0 $0
Gaston Comas Director 2.0
Director
$0 $0 $0
George E Cadman III Director 2.0
Director
$0 $0 $0
I Jeffrey Pheterson ESQ Director 2.0
Director
$0 $0 $0
James Carr Director 2.0
Director
$0 $0 $0
John Scott Weston Director 2.0
Director
$0 $0 $0
Juliet Murphy Roulhac ESQ Director 2.0
Director
$0 $0 $0
Lee Stapleton ESQ Director 2.0
Director
$0 $0 $0
Rev Dr Gary Johnson Director 2.0
Director
$0 $0 $0
Roberta Stokes Chairperson 2.0
Director
$0 $0 $0
Ronald A Shuffield Director 2.0
Director
$0 $0 $0
Sats Tripathy Director 2.0
Director
$0 $0 $4,326
WARREN ORLANDO Director 2.0
Director
$0 $0 $0
Laura M Perez Heydrich VP of Finance Outpatient Ops 30.0
Officer
$0 $118,543 $644,798
Nancy Batista-Rodriguez CEO 50.0
Officer
$0 $218,913 $1,299,202
Lissette Egues VP 50.0
Key Emp
$419,490 $88,118 $507,608
Luis Bellmas VP 50.0
Key Emp
$536,675 $118,863 $655,538
Mandy Gerlach VP 50.0
Key Emp
$476,054 $98,500 $574,554
Elizabeth Nasser AVP Joint Venture Surgery Centers 45.0
Highest
$230,901 $8,998 $239,899
Jeri L Brown AVP Joint Venture Surgery Centers 45.0
Highest
$230,490 $25,973 $256,463
Maria A Zamora Quirch AVP BOS Centers 45.0
Highest
$226,740 $18,274 $245,014
Maria V Ruiz AVP Freestanding ED 45.0
Highest
$233,113 $17,915 $251,028
Willy B Ricard AVP BOS Centers 45.0
Highest
$217,947 $40,079 $258,026
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $212,252,168 $191,685,230 $129,054,415 $20,566,938
2023 $178,983,880 $162,088,193 $117,708,918 $16,895,687
2022 $165,040,321 $151,462,720 $93,677,659 $13,577,601
2021 $148,825,254 $133,552,391 $78,034,897 $15,272,863
2020 $111,118,872 $110,740,841 $72,512,245 $378,031
2019 $119,876,154 $107,507,177 $45,374,527 $12,368,977
2018 $105,390,902 $95,702,100 $48,926,288 $9,688,802
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