Jacksonville, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Baptist Medical Center of the Beaches Inc, founded in 1989, is a major nonprofit in the Health Care sector that reported $218.8M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $36.3M, a strong 17% operating margin.
To make hope, healing and well-being accessible to every person as an expression of God's love.
Guided by a volunteer board of directors comprised of business and civic leaders, Baptist Medical Center of the Beaches, Inc. (BMCB) is a not-for-profit organization owned by the community, and not...
Guided by a volunteer board of directors comprised of business and civic leaders, Baptist Medical Center of the Beaches, Inc. (BMCB) is a not-for-profit organization owned by the community, and not shareholders. Local governance means we are uniquely structured to understand, respond, and anticipate community needs. It ensures our accountability to the communities we serve. Over the years, the generous support of donors has helped transform BMCB into a state-of-the-art medical center in the heart of the beaches community. Not every great medical center can say it is a community hospital. BMCB has been this area's community-driven hospital since 1961. We are not only physically in the center of the beaches and intracoastal communities; we are committed to the health and overall vibrancy of this extraordinary community. BMCB provides Jacksonville's thriving beach communities with a comprehensive range of high-tech health care services close to home. BMCB's campus includes the Wilson/Epstein center for diagnostic and rehabilitative services, Baptist Beaches Surgery Center, Wilson Cancer Care Center, and Physician office buildings. BMCB is a full-service medical center with (1) 146 licensed private patient rooms, including 16 spacious maternity suites, (2) more than 450 physicians, representing 30-plus medical specialties, (3) 10 state-of-the-art operating suites and 3 endoscopy suites for inpatient and outpatient procedures, (4) family-centered visiting areas with outdoor patios, kitchens and a health resource library, (5) the only 24-hour emergency service east of the intracoastal waterway, plus a 24-hour on-call surgical team, and (6) comprehensive diagnostic testing and interventional imaging services, and has earned magnet recognition for excellence in patient care. During fiscal year 2024, there were 953 employees, 11,102 total admissions accounting for 36,215 total patient days, 31,696 emergency room visits, and 6,122 surgeries. BMCB is committed to improving the lives of everyone, regardless of their ability to pay. BMCB is one hospital within Baptist Health System, Inc. and the region's only community-owned, faith-based healthcare system. BMCB's primary focus is addressing unmet health needs particularly among vulnerable populations who have limited health resources and access to health care. BMCB's community health efforts are guided by the community health committee, which is comprised of selected board members across our health system. A cornerstone of BMCB's commitment to the community is caring for the health of vulnerable, uninsured and underserved people among us. During fiscal year 2024, BMCB provided the following uncompensated care and community benefit; (1) charity care -$8.4 million, (2) unreimbursed Medicaid costs - $2.7 million, (3) unreimbursed Medicare costs - $19.8 million, and (4) specific community programs - $218 thousand, for a total of $31.1 million of uncompensated care and community benefits.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $218,815,229 | $192,162,227 | +0.1% |
| Expenses | $182,479,317 | $175,967,048 | +0.0% |
| Net Income | $36,335,912 | $16,195,179 | +1.2% |
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 |
|---|---|---|---|---|---|---|
| Brian Bucher | Secretary/Treasurer | 0.5 |
Officer
Director
|
$0 | $0 | $0 |
| Christine Hoffman | Vice Chair | 0.5 |
Officer
Director
|
$0 | $0 | $0 |
| Keli Joyce Coughlin | Chair | 0.5 |
Officer
Director
|
$0 | $0 | $0 |
| Michael A Mayo DHA | President | 0.5 |
Officer
Director
|
$0 | $55,718 | $2,456,417 |
| Debbie Buckland | Director | 0.1 |
Director
|
$0 | $0 | $0 |
| Felicia Cox | Director | 0.1 |
Director
|
$0 | $0 | $0 |
| Greg Delaney | Director through 03.27.24 | 0.1 |
Director
|
$0 | $0 | $0 |
| J Francisco Jimenez MD | Director | 0.1 |
Director
|
$0 | $0 | $0 |
| Mac Holley | Director | 0.1 |
Director
|
$0 | $0 | $0 |
| Matthew A Zuino | Director | 0.1 |
Director
|
$0 | $154,075 | $1,577,184 |
| Nancy Broner | Director through 03.27.24 | 0.1 |
Director
|
$0 | $0 | $0 |
| Pamela Rama Depadua MD | Director | 0.1 |
Director
|
$0 | $31,645 | $946,465 |
| G Scott Baity Esq | Asst. Secretary | 0.3 |
Officer
|
$0 | $133,808 | $1,052,314 |
| Jarret Dreicer | Vice President | 40.0 |
Officer
|
$606,942 | $68,933 | $675,875 |
| Keith A Tickell | Asst. Treasurer | 0.3 |
Officer
|
$0 | $33,489 | $1,178,603 |
| T Scott Finnegan | Asst. Treasurer | 0.3 |
Officer
|
$0 | $125,686 | $803,496 |
| Eric S Smith | Dir, Imaging/Cardio - BCH | 40.0 |
Highest
|
$165,410 | $19,450 | $184,860 |
| Keith Richard Schissler | VP, Ops BMCB/Sys Wide Pharmacy | 40.0 |
Highest
|
$353,858 | $41,570 | $395,428 |
| Mark C George | Pharmacist | 40.0 |
Highest
|
$156,033 | $28,928 | $184,961 |
| Pamela M Barberi | Dir, Surgical Services | 40.0 |
Highest
|
$185,400 | $18,945 | $204,345 |
| Sean Patrick Lynch | VP, Patient Care Services- BCH | 40.0 |
Highest
|
$312,170 | $43,538 | $355,708 |
| Brett S McClung | Former President (As of 05.01.21) | 0.0 |
|
$0 | $0 | $512,000 |
| Elizabeth R Ransom MD | Former EVP/CPE (As of 08.15.21) | 0.0 |
|
$0 | $0 | $105,000 |
| Scott M Wooten | Former Asst. Treasurer (As of 12.28.21) | 0.0 |
|
$0 | $0 | $800,676 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $218,815,229 | $182,479,317 | $289,407,083 | $36,335,912 |
| 2023 | $192,162,227 | $175,967,048 | $266,741,883 | $16,195,179 |
| 2022 | $185,959,113 | $169,817,608 | $258,346,649 | $16,141,505 |
| 2021 | $179,446,203 | $149,088,269 | $282,192,693 | $30,357,934 |
| 2020 | $147,159,584 | $133,415,578 | $254,766,787 | $13,744,006 |
| 2019 | $143,870,879 | $116,791,478 | $240,948,820 | $27,079,401 |
| 2018 | $129,560,823 | $111,161,380 | $219,556,062 | $18,399,443 |
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