Baptist Health Regional Hospitals

Organization Overview

Baptist Health Regional Hospitals is located in Little Rock, AR. The organization was established in 2019. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Baptist Health Regional Hospitals employed 1,578 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baptist Health Regional Hospitals is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Baptist Health Regional Hospitals generated $317.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 64.9% each year . All expenses for the organization totaled $322.0m during the year ending 12/2021. While expenses have increased by 64.8% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE QUALITY PATIENT CENTERED SERVICES TO THE CITIZENS IN & AROUND FORT SMITH & VAN BUREN, AR WITH CHRISTIAN COMPASSION & PERSONAL CONCERN CONSISTENT WITH OUR PURPOSE

Describe the Organization's Program Activity:

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 12,844 INPATIENTS AND PROVIDED FOR 150,716 OUTPATIENTS AND 53,162 EMERGENCY ROOM VISITS DURING 2021.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$7,629
Government grants $11,786,369
All other contributions, gifts, grants, and similar amounts not included above$29,332
Noncash contributions included in lines 1a–1f $7,629
Total Revenue from Contributions, Gifts, Grants & Similar$11,823,330
Total Program Service Revenue$296,466,436
Investment income $470,107
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $5,255,660
Net Gain/Loss on Asset Sales $811,102
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $317,392,182

Grants Awarded

Over the last fiscal year, Baptist Health Regional Hospitals has awarded $35,000 in support to 2 organizations.

Grant RecipientAmount

GOOD SAMARITAN CLINIC

Org PageRecipient Profile

Fort Smith, AR

PURPOSE: ECONOMIC DEVELOPMENT

$25,000

FORT SMITH SYMPHONY ASSOCIATION

Org PageRecipient Profile

Fort Smith, AR

PURPOSE: ECONOMIC DEVELOPMENT

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Baptist Health Regional Hospitals has recieved totaling $7,629.

Awarding OrganizationAmount
Baptist Health Foundation

Little Rock, AR

PURPOSE: EXEMPT PURPOSE

$7,629
View Grant Recipient Profile

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