Baptist Memorial Medical Group Inc

Organization Overview

Baptist Memorial Medical Group Inc is located in Memphis, TN. The organization was established in 1997. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 09/2021, Baptist Memorial Medical Group Inc employed 1,939 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baptist Memorial Medical Group Inc 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 09/2021, Baptist Memorial Medical Group Inc generated $232.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $248.4m during the year ending 09/2021. While expenses have increased by 11.5% per year over the past 6 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

BAPTIST MEMORIAL MEDICAL GROUP, INC. IS A PROVIDER OF AMBULATORY HOSPITAL SERVICES IN SUPPORT OF ITS MISSION OF PROVIDING HEALTH CARE TO THE COMMUNITY. BAPTIST MEMORIAL MEDICAL GROUP, INC. PROVIDES DIRECT PRIMARY CARE MEDICAL SERVICES THROUGH ITS EMPLOYED MEDICAL PROVIDERS. BAPTIST MEMORIAL MEDICAL GROUP, INC. PROVIDES SUCH SERVICES TO THE COMMUNITY AT LARGE.

Describe the Organization's Program Activity:

BAPTIST MEMORIAL MEDICAL GROUP, INC. PROVIDES AMBULATORY SERVICES IN SUPPORT OF ITS MISSION OF PROVIDING HEALTH CARE TO THE COMMUNITY. BAPTIST MEMORIAL MEDICAL GROUP, INC. OFFERS MEDICAL CARE THAT REFLECTS THE THREE-FOLD MINISTRY OF CHRIST-PREACHING, TEACHING AND HEALING, AND IS COMMITTED TO PROVIDING QUALITY CARE TO THE COMMUNITIES IT SERVES. BAPTIST MEMORIAL MEDICAL GROUP, INC. OFFERS MEDICAL CARE TO PERSONS LIVING IN AREAS OF ARKANSAS, TENNESSEE, AND MISSISSIPPI, WHO ARE CURRENTLY UNDERSERVED BY THE MOST BASIC OF HEALTH CARE SERVICES. BAPTIST MEMORIAL MEDICAL GROUP, INC. USES ITS SERVICES AS A MEANS OF PROVIDING QUALITY HEALTH CARE TO EVERYONE IN THE COMMUNITY. THE PATIENT-FOCUSED HEALTH CARE IS DELIVERED IN A FRIENDLY, COMPASSIONATE, AND RESPONSIVE MANNER AS REFLECTED IN THE "SERVICE FIRST" PHILOSOPHY OF THE ENTIRE BAPTIST MEMORIAL HEALTH CARE SYSTEM: RESPECT FOR THE INDIVIDUAL AND THE VALUE OF DIVERSITY, TRUST AND TEAMWORK, AND CONTINUOUS IMPROVEMENT. THE RESOURCES OF BAPTIST MEMORIAL HEALTH CARE CORPORATION, THE SOLE MEMBER OF BAPTIST MEMORIAL MEDICAL GROUP, INC., AND ITS AFFILIATES ARE AVAILABLE TO IDENTIFY AND PLACE PRIMARY CARE PRACTITIONERS AND SPECIALISTS IN AREAS WHERE THEY ARE MOST NEEDED.IN ADDITION, BAPTIST MEMORIAL MEDICAL GROUP, INC. RECRUITS AND SUPPORTS PHYSICIANS MOVING TO RURAL, UNDERSERVED AREAS IN ARKANSAS, TENNESSEE, AND MISSISSIPPI. FINANCIAL SUPPORT IS NECESSARY TO AID PHYSICIANS BEGINNING THEIR PRACTICE IN UNDERSERVED AREAS. THE PRESENCE OF THESE PHYSICIANS IN THE AREA MAKES IT POSSIBLE FOR RESIDENTS TO AVOID TRAVEL TO NEIGHBORING COMMUNITIES TO RECEIVE BASIC HEALTH CARE SERVICES. BAPTIST MEMORIAL MEDICAL GROUP, INC. IS A MULTISPECIALTY PHYSICIAN GROUP WITH MORE THAN 500 PHYSICIANS REPRESENTING OVER 40 SPECIALITIES INCLUDING PEDIATRICS, FAMILY PRACTICE, ONCOLOGY, WOMEN'S HEALTH, NEUROLOGY, GASTROENTEROLOGY, CARDIOLOGY, AND ORTHOPAEDIC SURGERY, TO NAME A FEW. BAPTIST MEMORIAL MEDICAL GROUP, INC. PROVIDES CARE TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS FROM WHICH WE MAY RECEIVE PAYMENT AT LESS THAN MARKET VALUE REIMBURSEMENT. RECOGNIZING ITS MISSION TO THE COMMUNITY, SERVICES ARE PROVIDED TO MEDICARE, TENNCARE, AND UNINSURED PATIENTS. TO THE EXTENT REIMBURSEMENT IS BELOW COST, BAPTIST MEMORIAL MEDICAL GROUP, INC. RECOGNIZES THESE AMOUNTS AS CHARITY CARE IN MEETING ITS MISSION TO THE ENTIRE COMMUNITY. CHARITY CARE IS PROVIDED THROUGH MANY REDUCED PRICE SERVICES AND FREE PROGRAMS OFFERED THROUGHOUT THE YEAR BASED UPON ACTIVITIES AND SERVICES WHICH BAPTIST MEMORIAL MEDICAL GROUP, INC. BELIEVES WILL SERVE A BONA FIDE COMMUNITY HEALTH NEED. THROUGH ITS AFFILIATION WITH BAPTIST MEMORIAL HEALTH CARE CORPORATION AND ITS AFFILIATED BAPTIST MEMORIAL HOSPITALS IN ARKANSAS, TENNESSEE, AND MISSISSIPPI, BAPTIST MEMORIAL MEDICAL GROUP, INC. PROVIDES THE FOLLOWING PROGRAMS AND SERVICES FOR THE COMMUNITY:- COMMUNITY HEALTH FAIRS- PHYSICAL EXAMS FOR STUDENTS ACTIVE IN COMPETITIVE SPORTS- TENNESSEE NURSING ASSOCIATION MEETINGS- PROVISION OF STAFF NURSES TO HELP WITH SENIOR CITIZENS' HEALTH FAIR- EMPLOYEE ACTIVITIES TO RAISE MONEY FOR JUNIOR ACHIEVEMENT, UNITED WAY, AMERICAN HEART ASSOCIATION, AND MARCH OF DIMES- REDUCED PRICE FLU SHOTS FOR VARIOUS LOCAL COMPANIES- PROVISION OF PHYSICIANS FOR SPEAKING ENGAGEMENTS ON TOPICAL HEALTH ISSUES TO THE COMMUNITY


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Board, Officers & Key Employees

Name (title)Compensation
Joseph Santoso MD
Physician
$2,276,805
Julius Kato MD
Physician
$1,187,584
Bradley A Wolf MD
Physician/director
$1,131,377
Drew Dill MD
Physician
$1,108,872
John M Craig MD
Physician
$1,055,035
Aleksandar Jankov MD
Director
$1,028,505

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Lifelinc Anesthesia
Anesthesia Services
$2,766,334
Team Health Inc
Physician Services
$1,891,039
Ut Medical Group Inc
Physician Services
$2,128,460
Locumtenenscom
Physician Services
$2,184,405
Ricu
Physician Services
$1,218,078
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$633,678
Government grants $17,004,547
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$17,638,225
Total Program Service Revenue$214,320,738
Investment income $1,129
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $42,059
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $232,152,357

Grants Awarded

Over the last fiscal year, Baptist Memorial Medical Group Inc has awarded $15,000 in support to 2 organizations.

Grant RecipientAmount

TENNESSEE MEDICAL FOUNDATION

Org PageRecipient Profile

Brentwood, TN

PURPOSE: GENERAL DONATION

$10,000

BAPTIST MEMORIAL HEALTH CARE FOUNDATION INC

Org PageRecipient Profile

Memphis, TN

PURPOSE: DONATION FOR DUCK CLASSIC

$5,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Baptist Memorial Medical Group Inc has recieved totaling $638,418.

Awarding OrganizationAmount
Baptist Memorial Health Care Foundation

Memphis, TN

PURPOSE: MEDICAL AND OUTREACH PROGRAMS

$633,678
Tennessee Health Foundation Inc

Chattanooga, TN

PURPOSE: FLU VACCINATIONS 11/7/2020 & 11/14/2020

$4,740
View Grant Recipient Profile

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