Baptist Health Regional Hospitals

EIN: 825426152 501(c)(3) Health Care

Little Rock, AR

Total Revenue
$346,677,901
Total Expenses
$340,115,753
Total Assets
$165,176,956
Net Assets
$-17,495,398
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
AR
Phone
5012022000
Tax Period
2023-01-01 to 2023-12-31

Baptist Health Regional Hospitals, founded in 2018, is a major nonprofit in the Health Care sector that reported $346.7M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

BAPTIST HEALTH REGIONAL HOSPITALS EXISTS TO PROVIDE QUALITY PATIENT CENTERED SERVICES TO THE CITIZENS IN AND AROUND FORT SMITH AND VAN BUREN, AR WITH CHRISTIAN COMPASSION AND PERSONAL CONCERN CONSISTENT WITH OUR CHARITABLE PURPOSES.

Program Service Accomplishments

Program 1
Expenses: $308,311,775 Revenue: $316,094,174

BAPTIST HEALTH REGIONAL HOSPITALS PROVIDES ACCESS TO A FULL RANGE OF COMPREHENSIVE HEALTH CARE SERVICES TO INDIVIDUALS REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, DISABILITY, AGE, OR ABILITY TO...

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BAPTIST HEALTH REGIONAL HOSPITALS PROVIDES ACCESS TO A FULL RANGE OF COMPREHENSIVE HEALTH CARE SERVICES TO INDIVIDUALS REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, DISABILITY, AGE, OR ABILITY TO PAY. ALTHOUGH REIMBURSEMENT FOR SERVICES RENDERED IS ESSENTIAL TO BAPTIST HEALTH REGIONAL HOSPITALS FOR THE CONTINUED OPERATION, FINANCIAL STABILITY, AND ABILITY TO PROVIDE NEEDED NEW SERVICES AND TECHNOLOGY, IT IS RECOGNIZED THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE HEALTH CARE AND ESSENTIAL MEDICAL SERVICES. FURTHER, OUR MISSION IS TO SERVE THIS COMMUNITY WITH RESPECT TO PROVIDING COMPREHENSIVE HEALTH CARE SERVICES AND HEALTH EDUCATION. THEREFORE, IN KEEPING WITH BAPTIST HEALTH REGIONAL HOSPITALS' COMMITMENT TO SERVE THE RESIDENTS OF ITS COMMUNITY, WE PROVIDE: - FREE AND SUBSIDIZED CARE TO THOSE WHO CANNOT PAY, - CARE TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS AT REIMBURSEMENT BELOW OUR REGULAR RATES PAID BY OTHER THIRD PARTIES; AND - HEALTH EDUCATION AND PROGRAMS/SERVICES TO ENHANCE THE HEALTH STATUS OF THE COMMUNITY. SUCH SERVICES AND PROGRAMS ARE PROVIDED WHERE THE NEED AND/OR INDIVIDUAL'S INABILITY TO PAY CO-EXISTS. THESE ACTIVITIES INCLUDE WELLNESS AND PREVENTION EDUCATION PROGRAMS, COMMUNITY DIAGNOSTIC SCREENING PROGRAMS, SPECIAL PROGRAMS FOR THE ELDERLY, YOUTH AT RISK, HANDICAPPED, MEDICALLY UNDER SERVED, MEDICAL CARE FOR THE UNINSURED, AND A VARIETY OF BROAD COMMUNITY SUPPORT ACTIVITIES. BAPTIST HEALTH REGIONAL HOSPITALS SERVED 12,435 INPATIENTS AND PROVIDED FOR 137,623 OUTPATIENTS AND 70,114 EMERGENCY ROOM VISITS DURING 2023.

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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 $25,711,589
Program Service Revenue $316,094,174
Investment Income $200,545
Other Revenue $4,671,593
TOTAL REVENUE $346,677,901

Expense Breakdown

Grants Paid $25,000
Salaries & Benefits $106,085,746
Fundraising Expenses $0
Program Expenses $308,311,775
Other Expenses $234,005,007
TOTAL EXPENSES $340,115,753

Year-over-Year Comparison

2023 2022 Change
Revenue $346,677,901 $307,139,477 +0.1%
Expenses $340,115,753 $334,227,980 +0.0%
Net Income $6,562,148 $-27,088,503 -1.2%
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
3
Independent Members
N/A
Employees
1642
Volunteers
115

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
3
$4,704,289
Total Directors
3
$4,704,289
Key Employees
4
$1,519,037
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A SECRETARY/TREASURER 1.0
Officer Director
$0 $41,177 $1,065,736
N/A VICE PRESIDENT 1.0
Officer Director
$0 $40,669 $1,528,931
N/A PRESIDENT 1.0
Officer Director
$0 $43,436 $2,109,622
N/A CNO THROUGH 06/03/2023 40.0
Key Emp
$295,832 $11,242 $307,074
N/A VP & ADMINISTRATOR 20.0
Key Emp
$0 $39,369 $666,606
N/A CHIEF MEDICAL OFFICER 40.0
Key Emp
$343,359 $25,066 $368,425
N/A INTERIM CNO/CQO 40.0
Key Emp
$156,588 $20,344 $176,932
N/A PHARMACIST 40.0
Highest
$177,020 $18,856 $195,876
N/A RN FLEX TEAM 40.0
Highest
$207,841 $14,700 $222,541
N/A PHARMACY DIRECTOR 40.0
Highest
$182,831 $18,776 $201,607
N/A RN SPECIALTY 40.0
Highest
$183,632 $20,127 $203,759
N/A SHIFT SUPERVISOR 40.0
Highest
$188,062 $17,548 $205,610
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 No data No data No data No data
2023 $346,677,901 $340,115,753 $165,176,956 $6,562,148
2022 $307,139,477 $334,227,980 $168,854,430 $-27,088,503
2021 $317,392,182 $322,047,555 $200,345,551 $-4,655,373
2020 $278,143,801 $255,055,411 $211,408,962 $23,088,390
2019 $255,099,638 $269,631,164 $183,712,721 $-14,531,526
2018 $42,959,693 $43,690,476 $178,922,350 $-730,783
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