Baptist Health Deaconess Madisonville

EIN: 610654587 501(c)(3) Health Care

Madisonville, KY

Total Revenue
$289,648,037
Total Expenses
$253,976,929
Total Assets
$122,505,696
Net Assets
$87,461,585
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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
KY
Principal Officer
Alisa Coleman
Phone
2708255201
Tax Period
2023-09-01 to 2024-08-31

Baptist Health Deaconess Madisonville, founded in 1956, is a major nonprofit in the Health Care sector that reported $289.6M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $254.0M left a modest 12% surplus.

Mission

Rooted in a tradition of Christian service, Baptist Health Deaconess Madisonville expands access to high quality healthcare delivered with a compassionate and nurturing spirit to all.

Program Service Accomplishments

Program 1
Expenses: $184,991,511 Revenue: $284,268,774

Baptist Health Deaconess Madisonville is a tertiary acute care hospital, serving numerous rural communities in western Kentucky and offering over 35 points of care and a broad range of inpatient and...

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Baptist Health Deaconess Madisonville is a tertiary acute care hospital, serving numerous rural communities in western Kentucky and offering over 35 points of care and a broad range of inpatient and outpatient services. As an integrated healthcare provider, Baptist Health Deaconess Madisonville includes more than 131 primary care and specialist providers, a 410-bed hospital with an advanced 20-bed Critical Care unit; an extensive education division that trains students in numerous capacities to provide medical care in rural areas; award-winning women's health services; advanced cancer care and a progressive heart and vascular center. (Continued on Schedule O)The hospital also has clinics conveniently located in nearby communities to provide care close to home for our patients. Baptist Health Deaconess Madisonville provided care for 5,615 inpatient adult, pediatric and nursery admissions, 649 live births, 242,487 outpatient visits, and 10,186 surgery visits during fiscal year 2024. Baptist Health Deaconess Madisonville's Mahr Cancer Center is Kentucky's oldest community hospital cancer program to consistently hold accreditation with the American College of Surgeons Commission on Cancer, receiving the No. 1 overall rating. The Merle M. Mahr Cancer Center is focused on preventing cancer, diagnosing cancer and treating it with the most aggressive, advanced therapies available. With state-of-the-art treatments, best-practice therapies and innovative clinical trials, the center delivers help and hope to people with cancer. The Mahr Center provided over 27,000 treatments to patients during fiscal year 2024, including chemotherapy and infusion; radiation oncology services; surgical services and advanced diagnostic and screening procedures. With skilled hands and compassionate hearts, the Jack L. Hamman Heart & Vascular Center encompasses the best in technology and facility design under one roof. The Center provides a complete range of services for diagnosis, treatment, and recovery from heart disease, as well as programs for assuring and maintaining wellness. The cardiac catheterization lab offers numerous procedures including the diagnosis and treatment of blood clots; implantation of permanent pacemakers; the use of stents to expand vessels and the removal of deposits from vessel walls. The Pacemaker/Defibrillator Clinic provides ongoing care for all pacemaker patients from practitioners who are assisted by technology experts to help ensure healthy recoveries and consistent, proper device performance. The Cardiac Rehabilitation program is administered by specially trained physiologists and nurses and provides a personalized rehabilitation program to help patients recover strength through exercise. Baptist Health Deaconess Madisonville Hospice is dedicated to providing support and care for individuals during their last phase of life, as well as assistance to their families through the death and bereavement process. Through a coordinated and dedicated team approach, the Hospice staff and volunteers provide physical, emotional and spiritual assistance to those with a life-limiting illness by focusing on the quality of life. We provide terminally ill patients of all ages virtually all of the services of a healthcare facility, but in the privacy of their own home. The Hospice team has more than 160 years of combined experience and is made up of physicians, registered nurses, social workers, chaplains, certified nursing assistants, ancillary staff including physical and occupational therapists and volunteers. Education has played vital role in the history and growth of Baptist Health Deaconess Madisonville. From elementary school students to health professionals and physicians, Baptist Health Deaconess Madisonville offers a wide range of learning opportunities. The Baptist Health Deaconess Madisonville Medical Education and Research Center provides numerous educational programs that benefit the communities of western Kentucky. - Established in 1971, the Baptist Health Deaconess Madisonville Family Medicine Residency Program has been dedicated to helping provide well-educated and expertly trained family physicians to rural western Kentucky and beyond. We have a proud tradition of quality residency training, with graduates practicing all over the country, in both rural and metropolitan areas. The diversity of our program's population and the rural community and lifestyle are instrumental in developing quality family physicians. The education and skills our residents have received serve them well as they practice on the front lines of medicine. Our residency program is an important part of our vision to lead in clinical excellence, compassionate care and growth to meet the needs of our patients.- The purpose of the post-graduate Pharmacy Residency Program is to build on the Doctor of Pharmacy education and outcomes to contribute to the development of clinical pharmacists responsible for medication-related care of patients with a wide range of conditions.- Established in 1986, the goal of the West Area Health Education Center, (AHEC), in Madisonville is to improve the recruitment, distribution and retention of healthcare professionals in our region and to improve the health of the communities we serve. The program connects the academic health centers at the University of Kentucky and the University of Louisville with medically under-served communities throughout the Commonwealth to address healthcare access issues in Kentucky. The AHEC program places college healthcare students in training rotations in rural hospitals, health departments, clinics and private offices across its 14-county area in western Kentucky. The program also coordinates student clinical training; provides continuing education for health professionals close to home; works with local schools to promote careers in health care and supports library networks to meet the information needs of students and healthcare practitioners.- The University of Louisville School of Medicine Trover Campus is a regional teaching center of the university located on the BHD Madisonville hospital campus that offers medical students the opportunity to complete the last two years of medical school in a rural community. - Baptist Health Deaconess Madisonville also collaborates with Murray State University to offer the only program in Kentucky for Nurse Anesthesia Training. The hospital campus serves as one of the primary clinical sites for the program. The program is dedicated to graduating nurse anesthetists with the highest professional competence who are committed to returning to rural areas to practice. Upon completion of the program, the graduates hold a Doctor of Nursing Practice (DNP) degree and are qualified to apply for the national certification exam to become Certified Registered Nurse Anesthetists.- The Delta Rural Network Center is located in the Dr. Loman C. Trover Medical Education and Research Center on the BHD Madisonville hospital campus. It is funded by a Delta States Rural Development Network grant program from the U.S. Department of Health and Human Services. The Kentucky Delta Rural Project is a community health and wellness program administered by Baptist Health Deaconess Madisonville. The goal of the project is to enhance the culture of wellness in our service area schools by involving school staff, students, parents and community organizations. The initiative promotes wellness activities in 74 elementary, 26 middle and 26 high schools. The principal objective is to assist the schools with establishing sustainable wellness committees to focus on wellness initiatives and to promote healthy lifestyle habits. The School Wellness Initiative is an HRSA-funded anti-obesity wellness promotion program that serves 20 rural Mississippi Delta Region counties. Through this initiative, the Delta Rural Network Center helps elementary, middle and high schools in the area, establish sustainable school wellness leadership teams to assess and address health and wellness activity. The initiative also focuses on the retention of academic classroom-based physical activity beyond required health and physical education; providing professional development training for school staff; healthy lifestyle activities and presentations for students and residents, and wellness policy development and review.- Centering Pregnancy Smiles is a partnership between the University of Kentucky, the Baptist Health Deaconess Madisonville Education and Research Center, the Hopkins County Health Department, the national Centering Pregnancy initiative and other federal, state and local leaders. The alliance, established to end the cycle of preterm births, low birth weight, and poor oral health in Kentucky, has already saved Kentucky more than $2 million in direct health costs. The Center offers tours, classes and seminars, and participates in community educational events.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,368,951
Program Service Revenue $284,268,774
Investment Income $204,062
Other Revenue $2,806,250
TOTAL REVENUE $289,648,037

Expense Breakdown

Grants Paid $54,939
Salaries & Benefits $106,315,266
Fundraising Expenses $0
Program Expenses $184,991,511
Other Expenses $147,606,724
TOTAL EXPENSES $253,976,929

Year-over-Year Comparison

2023 2022 Change
Revenue $289,648,037 $264,440,803 +0.1%
Expenses $253,976,929 $235,716,737 +0.1%
Net Income $35,671,108 $28,724,066 +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
10
Independent Members
9
Employees
2881
Volunteers
31

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
7
$378,597
Total Directors
10
$875,057
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Allen Davenport Chair 1.00
Officer Director
$0 $0 $0
R Steven Cox Vice Chair 1.00
Officer Director
$0 $0 $0
Devalkumar Rajyaguru MD Director 41.00
Director
$0 $9,498 $875,057
Gerard Colman Director 1.00
Director
$0 $0 $0
Jon J Hawkins Director 1.00
Director
$0 $0 $0
Kent Waide Director 1.00
Director
$0 $0 $0
Lynn C Lingafelter Director 1.00
Director
$0 $0 $0
Patrick Falvey Director 1.00
Director
$0 $0 $0
Robert R Carter Director 1.00
Director
$0 $0 $0
Shawn McCoy Director 1.00
Director
$0 $0 $0
Janet Norton Secretary 1.00
Officer
$0 $0 $0
Richard F Carrico Treasurer 1.00
Officer
$0 $0 $0
Ursula Duggar Assistant Secretary 40.00
Officer
$71,671 $1,115 $72,786
Alisa Coleman President 40.00
Officer
$0 $0 $0
Kim Ashby VP Finance & Assistant Treasurer 40.00
Officer
$294,342 $11,469 $305,811
William McColl Medical Physicist 40.00
Highest
$253,744 $26,984 $280,728
Caitlin Embrey RN 40.00
Highest
$224,059 $33,901 $257,960
Leslie Rice Pharmacist 40.00
Highest
$204,189 $23,670 $227,859
Lorie Oglesby VP HR and Education 40.00
Highest
$251,153 $11,146 $262,299
Christy Littrell VP Chief Nursing Officer 40.00
Highest
$212,509 $17,899 $230,408
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
2025 No data No data No data No data
2024 $289,648,037 $253,976,929 $122,505,696 $35,671,108
2023 $264,440,803 $235,716,737 $91,227,108 $28,724,066
2022 $239,886,071 $222,144,677 $74,247,972 $17,741,394
2021 $160,938,978 $204,194,491 $53,107,624 $-43,255,513
2020 $212,975,041 $186,678,963 $203,240,586 $26,296,078
2019 $196,895,542 $189,930,982 $192,213,832 $6,964,560
2018 $186,856,020 $173,636,120 $185,362,108 $13,219,900
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