Bozeman Deaconess Health Services

EIN: 810232121 501(c)(3) Health Care

Bozeman, MT

Total Revenue
$193,188,843
Total Expenses
$190,049,163
Total Assets
$209,808,822
Net Assets
$51,693,905
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Financial Trends

Organization Details

Formation Year
1911
Legal Domicile
MT
Principal Officer
Kathryn Bertany
Phone
4064145000
Tax Period
2024-01-01 to 2024-12-31

Bozeman Deaconess Health Services, founded in 1911, is a major nonprofit in the Health Care sector that reported $193.2M in total revenue in fiscal year 2024.

Mission

To improve community health and quality of life.

Program Service Accomplishments

Program 1
Expenses: $75,173,235 Revenue: $69,979,298

Bozeman Health Medical Group employs physicians under the Bozeman Health system umbrella. This group of providers compassionately serves the patients of Bozeman Health Deaconess Hospital, Big Sky...

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Bozeman Health Medical Group employs physicians under the Bozeman Health system umbrella. This group of providers compassionately serves the patients of Bozeman Health Deaconess Hospital, Big Sky Medical Center, Bozeman Health Urgent Care, and Bozeman Health Convenience Care, LLC.

Program 2
Expenses: $17,290,334 Revenue: $28,710,909

In efforts to reach our community and surrounding area in multiple facets of healthcare, the Bozeman Health system operates additional healthcare facilities which allows more access and levels of...

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In efforts to reach our community and surrounding area in multiple facets of healthcare, the Bozeman Health system operates additional healthcare facilities which allows more access and levels of care.Big Sky Medical Center had 92 admissions and saw 4,217 patients in the Emergency Room and 7,075 patients in the clinic in 2024. The net revenue yield on these operations was only 55.9%, or $1,540 per adjusted patient day. With challenging core staffing and related costs, the operating expense (excluding interest, taxes and depreciation) was $2,270 per adjusted patient day. This resulted in a $1.2 million operating loss for the year. (Continued on Schedule O)Bozeman Health is committed to providing access and patient care to the Big Sky community in spite of the financial operational challenges the facility continues to face.Bozeman Health also continues to operate our Main Street Urgent Care as an outpatient healthcare access point. With a 60.1% yield on $7.3M of patient charges and operating costs of $8.7M, the Urgent Care netted a loss of $1.4M in 2024.

Program 3
Expenses: $12,781,465 Revenue: $88,611,639

Bozeman Health serves as the parent company of the Bozeman Health system. As the corporate parent, management, general and administrative services are centralized here and provided to the operating...

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Bozeman Health serves as the parent company of the Bozeman Health system. As the corporate parent, management, general and administrative services are centralized here and provided to the operating units caring for our patients. These administrative and support services aim to optimize executive, organizational and financial responsibilities to allow the health system to continue to grow and serve the population. In this past year, Bozeman Health had 27,800 inpatient days, 247,714 outpatient hospital visits, 295,807 outpatient clinic visits, 38,003 emergency room visits and performed 7,157 surgeries.

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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 (2024)

Revenue Breakdown

Contributions & Grants $802,432
Program Service Revenue $188,734,528
Investment Income $2,952,017
Other Revenue $699,866
TOTAL REVENUE $193,188,843

Expense Breakdown

Grants Paid $518,715
Salaries & Benefits $133,532,364
Fundraising Expenses $0
Program Expenses $105,245,034
Other Expenses $55,998,084
TOTAL EXPENSES $190,049,163

Year-over-Year Comparison

2024 2023 Change
Revenue $193,188,843 $179,160,277 +0.1%
Expenses $190,049,163 $179,362,860 +0.1%
Net Income $3,139,680 $-202,583 -16.5%
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
15
Independent Members
13
Employees
1014
Volunteers
160

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
$1,344,166
Total Directors
19
$1,519,253
Key Employees
4
$1,726,926
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John How Chair 1.00
Officer Director
$0 $0 $0
Jim Berend - Vice ChairJan -Jun)/2nd Vice Chair (as of July) 1.00
Officer Director
$0 $0 $0
Becky Franks - 2nd Vice Chair (Jan-Jun)/Vice Chair (as of July) 1.00
Officer Director
$0 $0 $0
Jon Knockey Treasurer 1.00
Officer Director
$0 $0 $0
Elizabeth Carver Secretary 1.00
Officer Director
$0 $0 $0
David Crites Director (as of July) 50.00
Director
$359,027 $56,737 $415,764
Amy Croover Director (as of July) 1.00
Director
$0 $0 $0
Francisco Ferreyra-Munoz Director (as of July) 1.00
Director
$0 $0 $0
Vicki Groeneweg Director 1.00
Director
$0 $0 $0
Bruce Harmony Director (until June) 1.00
Director
$0 $0 $0
Meghan Johnston Internist/Director 50.00
Director
$258,392 $59,327 $317,719
Sara Lattimore Director (as of July) 1.00
Director
$0 $0 $0
Cory Pulfrey Director 1.00
Director
$0 $0 $0
Melinda Roberts Director (until June) 1.00
Director
$0 $0 $0
Walt Sales Director (until June) 1.00
Director
$0 $0 $0
Alyce Schultz Director 1.00
Director
$0 $0 $0
Kim Scurry Director (as of July) 1.00
Director
$0 $0 $0
Dane Sobek Cardiologist/Director (until June) 50.00
Director
$731,356 $54,414 $785,770
Dan Taft Director (as of July) 1.00
Director
$0 $0 $0
Kathryn Bertany CEO 20.00
Officer
$628,654 $169,460 $798,114
Brad Ludford CFO 20.00
Officer
$422,456 $123,596 $546,052
Christopher Spoja Chief Medical Officer 20.00
Key Emp
$491,504 $86,916 $578,420
Kiera Pattison Chief Nursing Officer 20.00
Key Emp
$306,939 $80,702 $387,641
Kallie Kujawa Chief Operating Officer 20.00
Key Emp
$287,869 $87,706 $375,575
Steve Klein Chief Legal Officer 20.00
Key Emp
$297,201 $88,089 $385,290
Andrew Herman MD Gastroenterologist 50.00
Highest
$788,497 $29,861 $818,358
Mark Hancock MD Hematology and Oncology 50.00
Highest
$745,578 $62,468 $808,046
Jason Skenazy MD Urologist 50.00
Highest
$738,927 $67,332 $806,259
Nathaniel Madsen MD Cardiology 50.00
Highest
$737,253 $61,449 $798,702
Andrew Gentry MD Gastroenterologist 50.00
Highest
$724,698 $63,302 $788,000
John Hill Former Officer 0.00
$463,785 $0 $463,785
Tamara Havenhill-Jacobs Former Key Employee 0.00
$177,401 $0 $177,401
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 $193,188,843 $190,049,163 $209,808,822 $3,139,680
2023 $179,160,277 $179,362,860 $167,581,983 $-202,583
2022 $163,884,781 $162,874,704 $150,278,571 $1,010,077
2021 $153,541,900 $150,991,765 $178,954,474 $2,550,135
2020 $126,684,739 $122,977,678 $166,060,049 $3,707,061
2019 $107,988,329 $107,433,815 $128,437,016 $554,514
2018 $100,410,607 $109,541,021 $121,251,849 $-9,130,414
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