Civic Intelligence

Baptist Physicians Lexington Inc

990 • Fiscal year 2013 • EIN 20-5494939

Sep 01, 2012 to Aug 31, 2013 • Filed on Jul 15, 2014

2701 Eastpoint ParkwaySuite40223
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$10,951,891

Flat from 2013

Net Assets

Flat

$2,431,899

Flat from 2013

Liabilities

Flat

$8,519,992

Flat from 2013

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$82,229,713

Flat from 2013

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2011: $7,430,042Liabilities 2011: $4,667,862Net Assets 2011: $2,762,1802011Assets 2012: $8,844,762Liabilities 2012: $5,853,304Net Assets 2012: $2,991,4582012Assets 2013: $10,951,891Liabilities 2013: $8,519,992Net Assets 2013: $2,431,8992013Assets 2013: $10,951,891Liabilities 2013: $8,519,992Net Assets 2013: $2,431,8992013Assets 2014: $9,793,778Liabilities 2014: $5,249,093Net Assets 2014: $4,544,6852014

Highlighted filing

2013

Assets$10,951,891
Liabilities$8,519,992
Net Assets$2,431,899

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100M$50M$0-$50MRevenue 2011: $31,431,774Expenses 2011: $49,027,392Net Income 2011: -$17,595,6182011Revenue 2012: $43,714,015Expenses 2012: $70,528,518Net Income 2012: -$26,814,5032012Expenses 2013: $82,229,7132013Revenue 2013: $51,525,220Expenses 2013: $82,229,713Net Income 2013: -$30,704,4932013Revenue 2014: $56,931,865Expenses 2014: $90,706,994Net Income 2014: -$33,775,1292014

Highlighted filing

2013

Revenue-
Expenses$82,229,713
Net Income-
Jump To
Filing Snapshot
Filing Period
Sep 1, 2012 to Aug 31, 2013
Signed
Jul 15, 2014
Return Version
2012v2.3
Gross Receipts
$51,560,379
Mission and Program Overview

Mission

Baptist physicians lexington, inc. Was organized and operated to provide healthcare facilities and services including but not limited to physician services, primary care centers, special health clinics, and urgent care centers. It also served as an instrument to assist, advance and strengthen baptist health lexington in its mission and ministry of healing and to support the charitable activities and operations of baptist healthcare system, inc.

Filing and Contact Details

Filer

EIN
20-5494939
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IRS990/Description0Baptist Physicians Lexington, Inc. (BPL) is organized and operated to benefit the member hospitals of Baptist Healthcare System (Baptist). BPL employs 89 physicians and operates 25 physician practices in the Lexington, KY area. In addition to the physician practices, BPL also operates 19 Baptist Express Cares. These clinics are staffed by Advanced Practice Registered Nurses and located in area Wal-Mart stores. During fiscal year 2013, BPL had 406,882 visits at the forty-four locations. These primary care business lines were established to address the declining number of primary care physicians and the growing need for less costly and more convenient community-based healthcare locations within the communities served. They provide high quality care to patients requiring urgent primary care services and extend the continuum of care for patients requiring diagnostic, surgical or emergency intervention through "linkages" with local area hospitals and physician specialists. BPL provided the following community benefits: Cost of charity $675,330 Medicaid cost in excess of reimbursement 2,106,443 Cost of bad debt 2,070,977 Medicare cost in excess of reimbursement 13,433,923 __________ Total 18,286,673
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