Louisville, KY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Baptist Health Richmond Inc, founded in 1892, is a major nonprofit that reported $105.3M in total revenue in fiscal year 2018. Expenses of $101.9M left a modest 3% surplus.
The mission of Baptist Health Richmond is to exemplify our Christian heritage of providing quality healthcare services by enhancing the health of the people and communities we serve. Baptist Health Richmond, Inc., a Kentucky nonprofit corporation, merged with its sole corporate member, Baptist Healthcare System, Inc. ("Baptist Health"), a Kentucky nonprofit corporation, effective September 1, 2019. Baptist Health Richmond will continue its operations as an unincorporated operating division of Baptist Healthcare System, Inc. (FEIN: 61-0444707). The President of Baptist Health Richmond as well as the personnel having control over the Baptist Health Richmond's licensed activities has not changed due to the merger. The merger simplifies the corporate structure of Baptist Healthcare System, Inc. allowing Baptist Health Richmond to continue to provide outstanding care to our communities in furtherance of Baptist Health's charitable mission, vision and values.
Program Accomplishments: Baptist Health Richmond is a fully accredited, non-profit 501 (c) (3) hospital in Richmond, Kentucky. Licensed for 105 beds, Baptist Health Richmond is a rural, acute care...
Program Accomplishments: Baptist Health Richmond is a fully accredited, non-profit 501 (c) (3) hospital in Richmond, Kentucky. Licensed for 105 beds, Baptist Health Richmond is a rural, acute care facility. Established in 1892, the hospital has served Madison and surrounding counties with primary and secondary services for more than a century. Its core programs include inpatient, outpatient, diagnostic and community services. The hospital offers 19 points of care in a full continuum from inpatient care to rehab services to home care, with a vast network of healthcare providers for patients in the Richmond area. Services include cardiac surgery and rehabilitation; orthopedics and spine care; occupational, physical and respiratory therapy; a full range of women's health and childbirth services; cancer care; diabetic treatment; a sleep disorders center and a retail pharmacy. The hospital offers outpatient surgery and infusion services on campus. Diagnostic services include a clinical laboratory; CT; MRI and radiologic imaging; nuclear medicine; cardiac catheterization and angioplasty. Staffed with board-certified emergency physicians and nurses, the Emergency Department treats more than 31,000 patients a year and trains for disaster preparedness annually with the federal government's Chemical Stockpile Emergency Preparedness Program (CSEPP). The original hospital mission-to care for all members of our community regardless of their race, creed or ability to pay still guides the hospital today. Seventy-five thousand patients sought care at Baptist Health Richmond last year; many of them were among the area's rural poor. More than one third of its patients are from low-income households or underserved populations, and 97% of them live in Appalachia. BHR has charity care policies and procedures in place to determine a patient's ability to pay for services. BHR operates an emergency department that is open 24 hours a day, every day where patients are treated without regard to their ability to pay. BHR provided inpatient services to the citizens of Madison and surrounding counties, with 3,303 inpatients admitted, 7,495 surgical services performed and 471 newborns delivered during the twelve months ended August 31, 2019. The hospital is an active community partner, working with local government, businesses and civic organizations, education systems and social service agencies to strengthen the community and provide opportunities for those less fortunate.
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)| 2018 | 2017 | Change | |
|---|---|---|---|
| Revenue | $105,302,540 | $104,013,513 | +0.0% |
| Expenses | $101,887,388 | $93,470,353 | +0.1% |
| Net Income | $3,415,152 | $10,543,160 | -0.7% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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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 |
|---|---|---|---|---|---|---|
| Douglas G Owen DMD | Director | 2.00 |
Director
|
$0 | $0 | $3,000 |
| Earl Baldwin | Director & Vice Chair | 2.00 |
Officer
Director
|
$0 | $0 | $3,000 |
| Harry Moberly Jr | Director | 2.00 |
Director
|
$0 | $0 | $3,000 |
| Helen Fardo | Director | 2.00 |
Director
|
$0 | $0 | $3,000 |
| Jeffrey Fultz | Director & Chair | 2.00 |
Officer
Director
|
$0 | $0 | $3,000 |
| Kristi Runyon Middleton | Director | 2.00 |
Director
|
$0 | $0 | $3,000 |
| Laura S Steidle | Director | 2.00 |
Director
|
$0 | $0 | $3,000 |
| Rizwan Akhtar MD | Director | 2.00 |
Director
|
$0 | $0 | $92,195 |
| Stephen B Gates | Director | 2.00 |
Director
|
$0 | $0 | $3,000 |
| Gerard Colman | CEO | 1.00 |
Officer
|
$0 | $247,615 | $2,526,526 |
| Greg G Gerard | President | 40.00 |
Officer
|
$0 | $34,908 | $283,199 |
| Janet Norton | Secretary & Vice President | 1.00 |
Officer
|
$0 | $36,511 | $676,698 |
| Linda M Park | Asst Secretary (Through 2/25/19) | 40.00 |
Officer
|
$51,746 | $13,172 | $64,918 |
| Stephen R Oglesby | Treasurer & Vice President | 1.00 |
Officer
|
$0 | $111,375 | $696,376 |
| Tameria Simpson | Asst. Secretary (Effective 2/26/19) | 40.00 |
Officer
|
$46,876 | $2,626 | $49,502 |
| Cathy Edwards | Pharmacist | 40.00 |
Highest
|
$142,854 | $14,080 | $156,934 |
| Daniel Moses | Pharmacist | 40.00 |
Highest
|
$150,615 | $13,935 | $164,550 |
| Donna Poindexter | Pharmacist | 40.00 |
Highest
|
$133,571 | $12,292 | $145,863 |
| Kimberly Richards | Pharmacist | 40.00 |
Highest
|
$177,135 | $6,897 | $184,032 |
| Sheila M Johnson | Pharmacist | 40.00 |
Highest
|
$133,409 | $13,287 | $146,696 |
| Stephen C Hanson | CEO (Through 3/21/2017) | 0.00 |
|
$0 | $3,924 | $827,148 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2019 | $105,302,540 | $101,887,388 | No data | $3,415,152 |
| 2018 | $104,013,513 | $93,470,353 | $88,522,267 | $10,543,160 |
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