Thibodaux Regional Health System Inc is located in Thibodaux, LA. The organization was established in 2019. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2021, Thibodaux Regional Health System Inc employed 1,566 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thibodaux Regional Health System Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF THIBODAUX REGIONAL MEDICAL CENTER (THE HOSPITAL). THE MISSION OF THE HOSPITAL IS TO PROVIDE THE HIGHEST QUALITY, MOST COST-EFFECTIVE HEALTHCARE SERVICES POSSIBLE TO THE PEOPLE OF THIBODAUX AND SURROUNDING AREAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF THE HOSPITAL IS TO PROVIDE THE HIGHEST QUALITY, MOST COST-EFFECTIVE HEALTHCARE SERVICES POSSIBLE TO THE PEOPLE OF THIBODAUX AND SURROUNDING AREAS. THE HOSPITAL, IN RECOGNITION OF ITS MISSION, STRIVES TO ACHIEVE ITS VISION TO BE THE REGIONAL MEDICAL CENTER OF CHOICE FOR SELECTED HEALTHCARE SERVICES IN SOUTHEAST LOUISIANA THROUGH A COMMITMENT TO QUALITY IMPROVEMENT, BY PARTNERING WITH OTHER HEALTHCARE PROVIDERS, AND BY REMAINING FINANCIALLY VIABLE IN A COMPETITIVE ENVIRONMENT. TO ACHIEVE OUR VISION, WE PROMOTE THE FOLLOWING VALUES: RESPECT, INTEGRITY, INNOVATION, EXCELLENCE, ACCOUNTABILITY, AND PASSION.THE MEDICAL CENTER IS LICENSED FOR 180 BEDS AND OPERATES 140 INPATIENT BEDS INCLUDING INPATIENT REHAB AND INPATIENT BEHAVIORAL HEALTH. THE AVAILABLE STAFFED BED COMPLEMENT IS AS FOLLOWS:MEDICAL/SURGICAL 79LDRP/ANTE PARTAL 16INTENSIVE CARE 16STEPDOWN 10REHABILITATION 14BEHAVIORAL HEALTH 16THE MEDICAL CENTER HAS APPROXIMATELY 281 PHYSICIANS ON STAFF. THIS INCLUDES 112 ACTIVE STAFF PHYSICIANS, 11 ASSOCIATE STAFF PHYSICIANS, 38 COURTESY STAFF PHYSICIANS, 18 EMERGENCY DEPARTMENT PHYSICIANS, 17 CONSULTING STAFF PHYSICIANS, 7 COMMUNITY STAFF PHYSICIANS, 77 TELEMEDICINE PHYSICIANS, AND 1 HOUSE STAFF PHYSICIAN. THE MEDICAL STAFF SUPPORT SERVICES PROVIDED AT THE MAIN HOSPITAL, CANCER CENTER, MEDICAL OFFICE BUILDING, MEDICAL PLAZA AND WELLNESS CENTER AS APPROPRIATE TO THE SERVICES PROVIDED IN THOSE LOCATIONS.ALL SERVICES ARE PLANNED AND DESIGNED ON THE PATIENT POPULATION THE HOSPITAL SERVES, THE HOSPITAL'S MISSION AND VISION STATEMENT, KEY REQUIREMENTS OF OUR PATIENTS AND THEIR FAMILY MEMBERS, AND KEY REQUIREMENTS OF OTHER MAJOR STAKEHOLDERS. THE PROCESS OF PLANNING A SERVICE IS A COLLABORATIVE EFFORT. HOSPITAL STAFF THAT ARE MOST KNOWLEDGEABLE ABOUT THE PARTICULAR SERVICE BEING PLANNED ARE INVOLVED IN THE PLANNING PROCESS AS WELL AS PHYSICIANS AND COMMUNITY LEADERS WHERE APPROPRIATE. IN ACCORDANCE WITH FEDERAL AND STATE REGULATIONS, PROFESSIONAL PRACTICE STANDARDS AND CODES, TRMC PROVIDES THE COMMUNITY WITH AN EXTENSIVE RANGE OF GENERAL AND SPECIALTY MEDICAL SERVICES.SIGNIFICANT HOSPITAL ACHIEVEMENTS & KEY STATISTICS FOR FISCAL YEAR ENDED 9/30/2021 INCLUDE: 2021 LEAPFROG GROUP PATIENT SAFTEY SCORE "A" FOR FALL 2021 HEALTHGRADES PATIENT SAFETY EXCELLENCE AWARD 2021 HEALTHGRADES OUTSTANDING PATIENT EXPERIENCE AWARD 2021 50 TOP CARDIOVASCULAR HOPSITAL BY IBM WATSON HEALTH 2021 LEAPFROG GROUP PATIENT SAFETY SCORE "A" FOR SPRING 2021 THE COURIER/DAILY COMET BAYOU'S BEST OF THE BEST BEST HOSPITAL 2021 THE COURIER/DAILY COMET BAYOU'S BEST OF THE BEST BEST PLACE TO WORK 2021 THE COURIER/DAILY COMET BAYOU'S BEST OF THE BEST BEST EMERGENCY ROOM/URGENT CARE 2021 THE COURIER/DAILY COMET BAYOU'S BEST OF THE BEST BEST MINOR EMERGENCY ROOM/AFTER HOURS CLINIC 2021 THE COURIER/DAILY COMET BAYOU'S BEST OF THE BEST BEST FITNESS CENTER/GYM 2021 THE COURIER/DAILY COMET BAYOU'S BEST OF THE BEST BEST PAIN MANAGEMENT CLINIC 2021 THE COURIER/DAILY COMET BAYOU'S BEST OF THE BEST BEST PHSYICAL THERAPISTTOTAL INPATIENT DAYS 32,084AVERAGE DAILY CENSUS 87.9INPATIENT ADMISSIONS 7,038AVERAGE LOS (ACUTE) 3.84OBSERVATION PATIENTS 2,358REHAB DAYS 3,246DELIVERIES 1,063OUTPATIENT VISITS 150,727E/R VISITS 37,226HOME HEALTH ADMISSIONS 1,275ADJUSTED PATIENT DAYS 111,126SURGERY CASES 8,213
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Blain Arthurs Staff Physician | 40 | $1,073,139 | |
Greg K Stock CEO And Board Sec. - Nonvoting | OfficerTrustee | 40 | $987,311 |
Jared Gilmore Staff Physician | 40 | $863,002 | |
Carlos R Gimenez Staff Physician | 40 | $809,497 | |
Deepak Awasthi Staff Physician | 40 | $770,875 | |
Thomas R Donner Staff Physician | 40 | $744,481 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Health Catalyst Data Analytics Services | 9/29/21 | $1,596,672 |
Power Wellness Management Fitness Center Admin Services | 9/29/21 | $1,590,458 |
Meddata Ambulatory Billing/collection/other Serv | 9/29/21 | $1,425,954 |
Thibodaux Emergency Physician Group Er Physicians Services | 9/29/21 | $801,340 |
Cardiovascular Institute Of The South Ekg Reads/management Services | 9/29/21 | $946,958 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $56,380,367 |
Investment income | $2,403,174 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $1,884,977 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $272,489,003 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $493 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $76,381,986 |
Pension plan accruals and contributions | $1,908,372 |
Other employee benefits | $7,744,238 |
Payroll taxes | $4,426,292 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $4,454,276 |
Office expenses | $4,720,027 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $3,461,659 |
Travel | $232,065 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $20,479 |
Interest | $14,788,585 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $14,947,400 |
Insurance | $1,318,128 |
All other expenses | $0 |
Total functional expenses | $221,663,336 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $15,091,978 |
Savings and temporary cash investments | $2,161,525 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $22,989,709 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $3,137,376 |
Prepaid expenses and deferred charges | $25,264,737 |
Investments—publicly traded securities | $0 |
Investments—other securities | $117,091,069 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $202,983,559 |
Total assets | $409,488,284 |
Accounts payable and accrued expenses | $22,285,708 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $334,264,862 |
Total liabilities | $356,550,570 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $52,937,714 |
Over the last fiscal year, we have identified 1 grants that Thibodaux Regional Health System Inc has recieved totaling $22,771.
Awarding Organization | Amount |
---|---|
Louisiana Hospital Association Research And Education Foundation Baton Rouge, LA PURPOSE: TO SUPPORT THE ORGANIZATION AND ITS MISSION | $22,771 |
Organization Name | Assets | Revenue |
---|---|---|
Christus Santa Rosa Health Care Corporation San Antonio, TX | $823,819,499 | $885,757,284 |
Methodist Hospital Houston, TX | $130,604,579 | $883,101,957 |
Louisiana Childrens Medical Center New Orleans, LA | $2,940,292,717 | $460,794,221 |
Scott & White Hospital Round Rock Dallas, TX | $428,231,823 | $458,358,990 |
United Regional Health Care System Inc Wichita Falls, TX | $1,016,288,839 | $486,094,046 |
Lcmc Health Holdings Inc Metairie, LA | $287,653,547 | $326,861,624 |
Baptist Hospitals Of Southeast Texas Beaumont, TX | $264,515,722 | $327,761,225 |
St Lukes Community Health Services Houston, TX | $300,380,882 | $290,157,222 |
Christus Health Northern Louisiana Shreveport, LA | $207,885,296 | $252,498,932 |
Texas Health Huguley Inc Burleson, TX | $308,074,574 | $280,176,090 |
Scott & White Hospital - College Station Dallas, TX | $344,731,459 | $267,018,613 |
Texas Health Presbyterian Hospital Denton Denton, TX | $199,538,918 | $256,700,774 |