2025-07-15T15:20:24+00:00 2024-08-31 440160260 Forvis Mazars LLP 2700 Post Oak Blvd Ste 1500 Houston TX 77056 990 2023-09-01 851941193 Hendrick Medical Center Brownwood HEND 3256702000 1900 Pine Street Abilene TX 79601 JEREMY WALKER CFO 2025-07-15 true Amanda Maya P01067777 7134994600 2025-07-15 2023 2025-03-06 01:10:19Z ERICH WALLSCHLAEGER 1501 BURNETT DR BROWNWOOD TX 76801 133574609 false X WWW.HENDRICKHEALTH.ORG X 2020 TX TO DELIVER HIGH QUALITY HEALTHCARE EMPHASIZING EXCELLENCE AND COMPASSION CONSISTENT WITH THE HEALING MINISTRY OF JESUS CHRIST. 5 5 522 13 0 0 338000 407955 115520434 129380648 45000 0 1324359 3786006 117227793 133574609 6701 5187 0 40458702 46689309 0 0 56161478 67501320 96626881 114195816 20600912 19378793 107611837 110233300 71899697 73812179 35712140 36421121 TO DELIVER HIGH QUALITY HEALTHCARE EMPHASIZING EXCELLENCE AND COMPASSION CONSISTENT WITH THE HEALING MINISTRY OF JESUS CHRIST. false false 101279474 5187 129380648 CHARITY CARE PROGRAM: HENDRICK MEDICAL CENTER BROWNWOOD, IN KEEPING WITH ITS MISSION, VISION, AND VALUES AS A BAPTIST ORGANIZATION, HAS ALWAYS MAINTAINED A GENEROUS CHARITY CARE PROGRAM TO ASSURE THAT THOSE WITH THE INABILITY TO PAY HAVE ACCESS TO THE SERVICES PROVIDED BY HENDRICK. THE CHARITY POLICY IN EFFECT DURING THE PERIOD COVERED BY THIS REPORT PROVIDES THAT FAMILIES WITH INCOMES BELOW 300% OF THE FEDERAL POVERTY GUIDELINES ARE ELIGIBLE FOR SERVICES, WITH NO PERSONAL FINANCIAL RESPONSIBILITY. FAMILIES WITH INCOMES ABOVE 300% OF THE FEDERAL POVERTY GUIDELINES RECEIVE CARE WITH PARTIAL FINANCIAL RESPONSIBILITY INCREASING AS THE FAMILY INCOME EXCEEDS THE FEDERAL POVERTY GUIDELINES. HENDRICK PROVIDES FINANCIAL COUNSELORS AND SOCIAL WORKERS TO HELP PATIENTS WITH HEALTHCARE NEEDS BY IDENTIFYING COMMUNITY RESOURCES AVAILABLE AND BY ASSISTING THEM IN THEIR EFFORTS TO IDENTIFY AND QUALIFY FOR GOVERNMENT-SPONSORED PROGRAMS. PROVIDING GOVERNMENT PROGRAMS BELOW COST: HENDRICK IS ALSO COMMITTED TO PARTICIPATING IN GOVERNMENT FUNDED PROGRAMS SUCH AS MEDICARE, MEDICAID, TRICARE, COUNTY INDIGENCY, ETC. THE COST OF SERVICES OFTEN EXCEEDS THE REIMBURSEMENT PROVIDED BY THESE PROGRAMS. 101279474 true true false false false false false false true true false false false true false false true false false false false false false false false true true false false true false false false false false false false false false false false false false true true true false false true 69 0 true 522 true false false false false false false false false false false false false X 5 5 false false false false true true true true true false false true true true true true true true true false X ERICH WALLSCHLAEGER 3256493300 1501 BURNETT DR BROWNWOOD TX 76801 JOE MELSON CHAIR 2.0 2.0 X 0 0 0 LARRY SMITH TRUSTEE 2.0 2.0 X 0 0 0 LEIGH BLACK 2ND VICE CHAIR 2.0 4.0 X 0 0 0 PAUL WALDROP TRUSTEE 2.0 4.0 X 0 0 0 RANDY LLOYD 1ST VICE CHAIR 2.0 4.0 X 0 0 0 Brad Holland PRESIDENT/CEO 2.0 50.0 X 0 1433865 211018 Brian Bessent VP/CHIEF STRATEGY & EXP. 2.0 44.0 X 0 409187 68226 Erich Wallschlaeger Chief Financial Officer 40.0 0 X 383724 0 39115 Heather Ray CHIEF NURSING OFFICER 2.0 40.0 X 0 281739 13558 Jeremy Walker VICE PRESIDENT 2.0 50.0 X 0 672605 70987 Jessica Connell Chief Nursing Officer 40.0 0 X 203066 0 46330 Jory Lee Chief Operating Officer 40.0 0 X 201106 0 37301 Kirk Canada VICE PRESIDENT/COO 2.0 44.0 X 0 342799 60634 Krista Baty Chief Administrative Officer 40.0 0 X 454667 0 63902 Michael Murphy VICE PRESIDENT/COO 2.0 44.0 X 0 541073 41552 Rob Wiley VICE PRESIDENT/CMO/CQO 2.0 42.0 X 0 692028 74543 Susan Wade Chief Operating Officer 2.0 44.0 X 0 444186 42183 Donna Boatwright Pharmacist I 40.0 0 X 179716 0 12969 Jennifer Hinze NURSING SUPERVISOR, BSN 40.0 0 X 177487 0 26054 Judy Morgan NURSING SUPERVISOR, BSN 40.0 0 X 240805 0 13371 Neeki Cook Pharmacist I 40.0 0 X 161942 0 29490 Thomas Foster Pharmacy Manager 40.0 0 X 168049 0 28938 RONALD DAVID EVANS VICE PRESIDENT 2.0 40.0 X 0 148066 20091 2170562 4965548 900262 60 true true false MCKESSON CORPORATION 1950 Stemmons FWY 5010 DALLAS TX 75207 Pharmaceutical Supplies 6735015 QUANTUM PLUS LLC PO BOX 634850 CINCINNATI OH 452634850 Physician Services 3125502 WEATHERBY HEALTHCARE PO Box 972633 DALLAS TX 752972633 Staffing Services 2335717 EMERGENCHEALTH PLLC PO BOX 7909 LONGVIEW TX 75607 Physician Services 1726563 HENRY SCHEIN INC Dept CH 10241 Palatine IL 600550241 Medical Supplies 1203640 42 407955 407955 NET PATIENT REVENUE 621110 129380648 129380648 0 0 0 0 129380648 4910 4910 0 4910 4910 0 0 MISCELLANEOUS REVENUE 900099 3234482 3234482 CAFETERIA REVENUE 900099 546614 546614 0 0 0 0 3781096 133574609 129380648 0 3786006 X 5187 5187 1429211 1302036 127175 36538596 33406609 3131987 722665 652041 70624 5322880 4688779 634101 2675957 2478848 197109 202293 202293 57687 50865 6822 26028 26028 22547545 19729766 2817779 0 135016 13103 121913 1102449 931603 170846 2115597 917729 1197868 1248533 1257192 -8659 409470 341926 67544 1643 1643 4444204 3555363 888841 4449561 3010800 1438761 681675 538455 143220 MEDICAL SUPPLIES 22504528 22470580 33948 REPAIRS & MAINTENANCE 1718899 1642315 76584 EQUIPMENT EXPENSES 1062523 978073 84450 TIME ALLOCATIONS 2489636 1991709 497927 2304033 1112559 1191474 0 114195816 101279474 12916342 0 17714 44083 811331 269832 0 0 12019624 12825613 0 0 0 0 0 0 3232796 3949037 2723667 3002935 49530825 15308962 32416129 34221863 0 0 0 0 54176347 54176347 2214229 1743590 107611837 110233300 12237959 14550229 0 0 307447 298407 0 0 0 0 0 0 58289000 58289000 0 0 1065291 674543 71899697 73812179 X 35437412 36049459 274728 371662 0 0 0 0 0 0 35712140 36421121 107611837 110233300 X 19378793 -18669812 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13004077 204636 4012180 17220893 10609156 1200000 1194921 13004077 15190183 1145934 5726961 10609156 12659336 1224769 1427324 121246 15190183 11856560 260767 542009 12659336 0.3637 0.5061 0.1302 false true true 0 2800000 2800000 0 17739296 4384542 13354754 0 1409786 501487 908299 0 23960747 10374832 13585915 0 3620996 48101 3572895 34221863 Operating Leases 274543 Estimated amounts due to 3rd party 400000 674543 133574609 0 0 133574609 0 0 133574609 114195816 0 0 114195816 0 0 114195816 Schedule D, Part X, Line 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part V, Line 4 Intended uses of endowment funds ENDOWMENT FUNDS ARE INTENDED TO SUPPORT CAPITAL PROJECTS AND OPERATIONS OF HENDRICK MEDICAL CENTER AND HENDRICK MEDICAL CENTER BROWNWOOD. true true X true X 300 true X true true false true true 3861090 2071621 1789469 0.0157 11449174 16138798 0 0.0 0 0 0 0.0 0 0 15310264 18210419 1789469 0.0157 0 0 0 0.0 0 0 0 0.0 5489315 0 5489315 0.0481 0 0 0 0.0 5187 0 5187 0.0000 0 0 5494502 0 5494502 0.0481 0 0 20804766 18210419 7283971 0.0638 0 0.0 0 0.0 0 0.0 0 0.0 0 0.0 0 0.0 0 0.0 0 0.0 0 0.0 0 0 0 0 0 0.0 false 28736744 1724205 26249672 31738987 -5489315 X true true 1 1 HENDRICK MEDICAL CENTER BROWNWOOD 1501 BURNETT RD BROWNWOOD TX 76801 WWW.HENDRICKHEALTH.ORG 100528 X X X HENDRICK MEDICAL CENTER BROWNWOOD 1 false false true X X X X X X X X 21 true false false true X WWW.HENDRICKHEALTH.ORG/COMMUNITY/COMMUNITY-HEALTH-NEEDS-ASSESSMENT/ X true 21 true WWW.HENDRICKHEALTH.ORG/COMMUNITY/COMMUNITY-HEALTH-NEEDS-ASSESSMENT/ false true X 300.0 300.0 X X X true true X X X X true X HTTPS://WWW.HENDRICKHEALTH.ORG/PATIENTS-VISITORS/BILLING/FINANCIAL-ASSISTANCE/ X HTTPS://WWW.HENDRICKHEALTH.ORG/PATIENTS-VISITORS/BILLING/FINANCIAL-ASSISTANCE/ X HTTPS://WWW.HENDRICKHEALTH.ORG/PATIENTS-VISITORS/BILLING/FINANCIAL-ASSISTANCE/ X X X X X X true X false X X X X true X false false Schedule H, Part V, Section B, Line 11 Facility , 1 Facility , 1 - HENDRICK MEDICAL CENTER BROWNWOOD. ALL NEEDS IDENTIFIED THROUGH THE CHNA ARE BEING ADDRESSED BY THE IMPLEMENTATION STRATEGY. THE COMMUNITY WAS PRESENTED WITH THE CHNA RESULTS AND COMMITTEES HAVE BEEN FORMED WITH COMMUNITY MEMBERS TO ADDRESS NEEDS IDENTIFIED BY THE CHNA. 0 Schedule H, Part I, Line 3c IN ADDITION TO USING FEDERAL POVERTY GUIDELINES FOR ELIGIBILITY CRITERIA FOR FINANCIAL ASSISTANCE, HMCB USES MEDICAL INDIGENCY, INSURANCE STATUS, AND RESIDENCY. Schedule H, Part I, Line 7 HENDRICK MEDICAL CENTER BROWNWOOD USES A COMBINATION OF COST-TO-CHARGE RATIO AND COST ACCOUNTING SYSTEM FIGURES FOR CALCULATING THE COMMUNITY BENEFIT AMOUNTS REPORTED FOR EACH LINE. THE RATIO CALCULATED IN SCHEDULE H INSTRUCTIONS WORKSHEET 2, RATIO OF PATIENT CARE COST-TO-CHARGES, WAS USED FOR LINES 7A AND 7B. AN INTERNAL COST ACCOUNTING WAS USED FOR LINES 7F AND 7I. Schedule H, Part III, Line 2 Bad debt expense - methodology used to estimate amount THE HOSPITAL ADOPTED REVENUE RECOGNITION STANDARD ASU 2014-09. UNDER ASU 2014-09, THE ESTIMATED AMOUNTS DUE FROM PATIENTS FOR WHICH THE HEALTH SYSTEM DOES NOT EXPECT TO BE ENTITLED OR COLLECT FROM THE PATIENTS ARE CONSIDERED IMPLICIT PRICE CONCESSIONS AND EXCLUDED FROM THE HEALTH SYSTEM'S ESTIMATION OF THE TRANSACTION PRICE OR REVENUE RECORDED. BAD DEBT EXPENSE WAS NOT SIGNIFICANT TO THE AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED AUGUST 31, 2024. HOWEVER, THE HOSPITAL INTERNALLY TRACKS BAD DEBT EXPENSE CONSISTENT WITH HISTORICAL PRACTICES WITHIN THE SYSTEM AND THAT AMOUNT HAS BEEN REPORTED ON SCHEDULE H, PART III, SECTION A, LINE 2. Schedule H, Part III, Line 3 Bad Debt Expense Methodology THE ORGANIZATION'S ESTIMATE OF THE AMOUNT OF BAD DEBT ATTRIBUTABLE TO CHARITY CARE PATIENTS IS ESTIMATED AT 6%. Schedule H, Part III, Line 4 Bad debt expense - financial statement footnote HENDRICK HAS ELECTED TO APPLY THE OPTIONAL EXEMPTION PROVIDED IN FASB ASC 606-10-50-14(A) AND, THEREFORE, IS NOT REQUIRED TO DISCLOSE THE AGGREGATE AMOUNT OF THE TRANSACTION PRICE ALLOCATED TO PERFORMANCE OBLIGATIONS THAT ARE UNSATISFIED OR PARTIALLY UNSATISFIED AT THE END OF THE REPORTING PERIOD. THE FINANCIAL STATEMENT FOOTNOTE DESCRIBING BAD DEBT IS LOCATED ON PAGE 15 OF THE AUDITED FINANCIAL STATEMENT REPORT. Schedule H, Part III, Line 8 Community benefit & methodology for determining medicare costs THE ORGANIZATION HAD A MEDICARE SHORTFALL IN THE AMOUNT OF $5,489,315.00. THE STATE OF TEXAS TREATS MEDICARE SHORTFALL AS A COMMUNITY BENEFIT FOR MEETING STATUTORY REQUIREMENTS FOR CHARITY CARE AND COMMUNITY BENEFIT. Schedule H, Part III, Line 9b Collection practices for patients eligible for financial assistance NEITHER THE ORGANIZATION, NOR THIRD PARTIES AUTHORIZED BY THE ORGANIZATION, TAKE ANY ACTIONS UPON NON-PAYMENT FROM A PATIENT BEFORE MAKING A REASONABLE EFFORT TO DETERMINE IF THE PATIENT IS ELIGIBLE FOR THE FACILITY'S FINANCIAL ASSISTANCE POLICY. Schedule H, Part V, Section B, Line 16a FAP website - HENDRICK MEDICAL CENTER BROWNWOOD: Line 16a URL: HTTPS://WWW.HENDRICKHEALTH.ORG/PATIENTS-VISITORS/BILLING/FINANCIAL-ASSISTANCE/; Schedule H, Part V, Section B, Line 16b FAP Application website - HENDRICK MEDICAL CENTER BROWNWOOD: Line 16b URL: HTTPS://WWW.HENDRICKHEALTH.ORG/PATIENTS-VISITORS/BILLING/FINANCIAL-ASSISTANCE/; Schedule H, Part V, Section B, Line 16c FAP plain language summary website - HENDRICK MEDICAL CENTER BROWNWOOD: Line 16c URL: HTTPS://WWW.HENDRICKHEALTH.ORG/PATIENTS-VISITORS/BILLING/FINANCIAL-ASSISTANCE/; Schedule H, Part VI, Line 2 Needs assessment HENDRICK MEDICAL CENTER BROWNWOOD(HENDRICK) CONDUCTED A COMMUNITY HEALTH NEEDS ASSESSMENT (CHNA) IN JANUARY THROUGH JUNE OF 2022, WITH THE ASSISTANCE OF CRESCENDO CONSULTING GROUP. THE ASSESSMENT DETERMINED THE MOST PRESSING HEALTH NEEDS OF BROWN COUNTY. BASED ON CURRENT LITERATURE AND OTHER GUIDANCE FROM THE TREASURY AND THE IRS, THE FOLLOWING STEPS WERE TAKEN AS PART OF HENDRICK'S CHNA: - THE COMMUNITY SERVED WAS DEFINED UTILIZING INPATIENT DATA REGARDING PATIENT ORIGIN. - POPULATION DEMOGRAPHICS AND SOCIOECONOMIC CHARACTERISTICS OF THE COMMUNITY WERE GATHERED AND REPORTED UTILIZING VARIOUS THIRD PARTIES. - HEALTH STATUS OF THE COMMUNITY WAS REVIEWED. - AN INVENTORY OF HEALTH CARE FACILITIES AND RESOURCES WAS PREPARED. - COMMUNITY INPUT WAS PROVIDED THROUGH KEY INFORMANT INTERVIEWS OF COMMUNITY STAKEHOLDERS. THE INFORMATION GATHERED WAS ANALYZED AND REVIEWED TO IDENTIFY HEALTH ISSUES OF UN-INSURED PERSONS, LOW-INCOME AND UNDERSERVED POPULATIONS, AND THE COMMUNITY AS A WHOLE. Schedule H, Part VI, Line 3 Patient education of eligibility for assistance HENDRICK PROVIDES MANY OPPORTUNITIES FOR PATIENT EDUCATION ON FINANCIAL ASSISTANCE. THE PROGRAMS ARE OUTLINED ON HENDRICK'S WEBSITE, SIGNS AND BROCHURES ARE AT EVERY REGISTRATION POINT, PRE-ADMIT LETTERS ARE SENT TO SURGERY PATIENTS THAT CONTAIN FINANCIAL ASSISTANCE INFORMATION, AND APPLICATIONS ARE GIVEN TO EVERY UNINSURED TRAUMA CENTER PATIENT. Schedule H, Part VI, Line 4 Community information HENDRICK HEALTH SYSTEM IS ACTIVELY DELIVERING CARE FOR A 24 COUNTY SERVICE AREA WITH A BROAD RANGE OF DEMOGRAPHICS. HMCB SERVES PRIMARILY RESIDENTS OF BROWN COUNTY WITH A POPULATION OF ABOUT 38 THOUSAND. Schedule H, Part VI, Line 5 Promotion of community health THE COMMUNITY BUILDING ACTIVITIES ARE USED TO POSITIVELY IMPACT THE COMMUNITY AND EDUCATE THE COMMUNITY ON HEALTH TOPICS. THESE ARE DESIGNED TO MEET THE SPECIFIC NEEDS OF THE COMMUNITY. Schedule H, Part VI, Line 6 Affiliated health care system HENDRICK MEDICAL CENTER BROWNWOOD IS PART OF AN ORGANIZATION OF AFFILIATED COMPANIES THAT PROVIDE MEDICAL AND OTHER HEALTH CARE RELATED SERVICES TO TAYLOR COUNTY AND SURROUNDING COUNTY SERVICE AREAS. THE PRIMARY BUSINESS AREAS ARE INPATIENT, OUTPATIENT AND EMERGENCY CARE SERVICES, SUB-ACUTE CARE, INPATIENT AND OUTPATIENT REHABILITATION, LONG-TERM CARE, NURSING HOME CARE, HOME HEALTH CARE, HOSPICE CARE, MEDICAL OFFICE BUILDING LEASING, DURABLE MEDICAL EQUIPMENT SALES AND LEASING, PHYSICIAN PRACTICES AND A REGIONAL HEALTH MAINTENANCE ORGANIZATION. AFFILIATES INCLUDE HENDRICK MEDICAL CENTER FOUNDATION, HENDRICK PROVIDER NETWORK, HENDRICK MEDICAL OFFICE BUILDINGS, LLC, HENDRICK ANESTHESIA NETWORK, HENDRICK HOSPICE CARE, HENDRICK SOUTHWESTERN HEALTH DEVELOPMENT CORPORATION, HENDRICK HEALTH NETWORK, HMC HOSPICE PROPERTIES AND HENDRICK MEDICAL CENTER. Schedule H, Part VI, Line 7 State filing of community benefit report TX X X X X X false true false false false false false false false RONALD DAVID EVANS VICE PRESIDENT 0 148066 0 0 0 0 0 9790 0 10301 0 168157 0 0 Krista Baty Chief Administrative Officer 301552 0 123866 0 29249 0 30322 0 33580 0 518569 0 29249 0 Brian Bessent VP/CHIEF STRATEGY & EXP. 0 274576 0 110756 0 23855 0 27113 0 41113 0 477413 0 23855 Kirk Canada VICE PRESIDENT/COO 0 237978 0 88556 0 16265 0 23304 0 37330 0 403433 0 16265 Jessica Connell Chief Nursing Officer 163314 0 39031 0 721 0 8217 0 38113 0 249396 0 721 0 Brad Holland PRESIDENT/CEO 0 873225 0 412905 0 147735 0 173855 0 37163 0 1644883 0 147735 Jory Lee Chief Operating Officer 162489 0 37919 0 698 0 7983 0 29318 0 238407 0 698 0 Michael Murphy VICE PRESIDENT/COO 0 383313 0 157760 0 0 0 15000 0 26552 0 582625 0 0 Heather Ray CHIEF NURSING OFFICER 0 207218 0 62434 0 12087 0 12886 0 672 0 295297 0 12087 Susan Wade Chief Operating Officer 0 298294 0 118267 0 27625 0 28951 0 13232 0 486369 0 27625 Jeremy Walker VICE PRESIDENT 0 441078 0 191240 0 40287 0 44735 0 26252 0 743592 0 40287 Erich Wallschlaeger Chief Financial Officer 268886 0 89057 0 25781 0 26784 0 12331 0 422839 0 25781 0 Rob Wiley VICE PRESIDENT/CMO/CQO 0 459941 0 188562 0 43525 0 46775 0 27768 0 766571 0 43525 Donna Boatwright Pharmacist I 179716 0 0 0 0 0 0 0 12969 0 192685 0 0 0 Neeki Cook Pharmacist I 161942 0 0 0 0 0 0 0 29490 0 191432 0 0 0 Thomas Foster Pharmacy Manager 168049 0 0 0 0 0 0 0 28938 0 196987 0 0 0 Jennifer Hinze NURSING SUPERVISOR, BSN 172487 0 5000 0 0 0 0 0 26054 0 203541 0 0 0 Judy Morgan NURSING SUPERVISOR, BSN 235805 0 5000 0 0 0 0 0 13371 0 254176 0 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation METHOD USED BY HENDRICK MEDICAL CENTER TO ESTABLISH RELATED COMPENSATION OF THE OFFICERS: COMPENSATION COMMITTEE INDEPENDENT COMPENSATION CONSULTANT WRITTEN EMPLOYMENT CONTRACT COMPENSATION SURVEY OR STUDY APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan PARTICIPANTS IN 457(F) | REPORTED IN W-2 | DEF. COMP | PAID BY --------------------------------------------------------------------------------------- SUSAN WADE | 27,625 | 28,951 | HMC JEREMY WALKER | 40,287 | 44,735 | HMC BRIAN BESSENT | 23,855 | 27,113 | HMC BRAD HOLLAND | 147,735 | 173,855 | HMC HEATHER RAY | 12,087 | 12,886 | HMC KIRK CANADA | 16,265 | 23,304 | HMC RONALD DAVID EVANS | NONE | 9,790 | HMC ROB WILEY | 43,525 | 46,775 | HMC KRISTA BATY | 29,249 | 30,322 | HMCB JORY LEE | 698 | 7,983 | HMCB ERICH WALLSCHLAEGER | 25,781 | 26,784 | HMCB JESSICA CONNELL | 721 | 8,217 | HMCB RONALD EVANS | NONE | 9,790 | HMC Form 990, Part VI, Line 6 Classes of members or stockholders THE SOLE MEMBER OF THE ORGANIZATION IS HENDRICK MEDICAL CENTER. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE SOLE MEMBER OF THE ORGANIZATION, HENDRICK MEDICAL CENTER, SHALL APPOINT EACH TRUSTEE TO SERVE ON THE GOVERNING BOARD. EACH TRUSTEE SHALL BE A MEMBER OF THE BOARD OF TRUSTEES OF THE MEMBER. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders ALL POWERS OF THE ORGANIZATION ARE RESERVED EXCLUSIVELY TO THE MEMBER EXCEPT CERTAIN SPECIFIED POWERS OF THE BOARD OR TRUSTEES. Form 990, Part VI, Line 11b Review of form 990 by governing body THE ORGANIZATION ENGAGES AN OUTSIDE ACCOUNTING FIRM TO PREPARE FORM 990. ONCE PREPARED, THE FORM IS REVIEWED BY THE ORGANIZATION'S INTERNAL ACCOUNTANTS AND ADMINISTRATIVE MANAGEMENT. THE FORM IS THEN POSTED ON A GOVERNANCE PORTAL FOR THE BOARD TO ACCESS PRIOR TO FILING. Form 990, Part VI, Line 12c Conflict of interest policy THE ORGANIZATION SENDS OUT A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY TO ALL TRUSTEES OF THE BOARD AND TO THE EXECUTIVE EMPLOYEES. THE QUESTIONNAIRES ARE REVIEWED BY OUR OUTSIDE AUDITORS PRIOR TO THE ANNUAL AUDIT AND BY THE ORGANIZATION'S DIRECTOR OF COMPLIANCE TO IDENTIFY POSSIBLE CONFLICTS OF INTEREST AND OTHER FINANCIAL RELATIONSHIPS UNDER THE CONFLICT OF INTEREST POLICY. Form 990, Part VI, Line 15a Process to establish compensation of top management official A COMPREHENSIVE REVIEW OF COMPENSATION IS CONDUCTED BY AN INDEPENDENT PARTY AT LEAST EVERY THREE YEARS. THE REVIEW WAS CONDUCTED IN FALL OF 2024 BY GALLAGHER BENEFIT SERVICES, INC. THIS REPORT PRESENTS THE RESULTS OF THE ANALYSIS OF SALARY, INCENTIVE, TOTAL CASH COMPENSATION (SALARY PLUS INCENTIVE), BENEFITS, AND TOTAL COMPENSATION (TOTAL CASH AND BENEFITS). INTEGRATED HEALTHCARE STRATEGIES (IHS) WORKS WITH THE PERSONNEL COMMITTEE TO FORMALLY DEFINE AN EXECUTIVE TOTAL COMPENSATION PHILOSOPHY. HENDRICK HEALTH SYSTEM'S CURRENT PHILOSOPHY IS TO USE RANGES BUILT AROUND THE MEDIAN OF THE MARKET WITH A 50% SPREAD FROM MINIMUM TO MAXIMUM. INCENTIVE OPPORTUNITY LEVELS ARE COMPETITIVE WITH PRACTICES OF PEER GROUPS AND BENEFITS WILL BE DELIVERED AT MARKET COMPETITIVE LEVELS. SEVERANCE AND PERQUISITES REFLECT A CONSERVATIVE PHILOSOPHY. THE COMMITTEE DETERMINED THAT THE PEER GROUP WOULD BE PRIMARILY REGIONAL NOT-FOR-PROFIT HOSPITALS OF SIMILAR SIZE AND COMPLEXITY. NATIONAL PEER GROUP WILL BE USED FOR REFERENCE PURPOSES WHERE APPROPRIATE. THE HENDRICK HEALTH SYSTEM PERSONNEL COMMITTEE IS DELEGATED THE RESPONSIBILITY FOR THE EXECUTIVE COMPENSATION PROGRAM BY THE BOARD OF TRUSTEES. THE COMMITTEE: SETS THE OVERALL EXECUTIVE COMPENSATION PHILOSOPHY TO BE IMPLEMENTED BY HENDRICK HEALTH SYSTEM; SETS COMPENSATION COMPONENTS FOR THE PRESIDENT AND CEO; REVIEWS, DISCUSSES AND MAKES DECISIONS BASED ON THE PRESIDENT AND CEO'S RECOMMENDATIONS FOR HIS DIRECT REPORTS; REPORTS A SUMMARY OF THE PROCESS BACK TO THE BOARD OF TRUSTEES ALONG WITH THE ACTUAL COMPENSATION APPROVED FOR THE PRESIDENT AND CEO; AND APPROVES ALL INCENTIVE GOALS AND AWARDS. Form 990, Part VI, Line 15b Process to establish compensation of other employees A COMPREHENSIVE REVIEW OF COMPENSATION IS CONDUCTED BY AN INDEPENDENT PARTY AT LEAST EVERY THREE YEARS. THE REVIEW WAS CONDUCTED IN FALL OF 2024 BY GALLAGHER BENEFIT SERVICES, INC. THIS REPORT PRESENTS THE RESULTS OF THE ANALYSIS OF SALARY, INCENTIVE, TOTAL CASH COMPENSATION (SALARY PLUS INCENTIVE), BENEFITS, AND TOTAL COMPENSATION (TOTAL CASH AND BENEFITS). INTEGRATED HEALTHCARE STRATEGIES (IHS) WORKS WITH THE PERSONNEL COMMITTEE TO FORMALLY DEFINE AN EXECUTIVE TOTAL COMPENSATION PHILOSOPHY. HENDRICK HEALTH SYSTEM'S CURRENT PHILOSOPHY IS TO USE RANGES BUILT AROUND THE MEDIAN OF THE MARKET WITH A 50% SPREAD FROM MINIMUM TO MAXIMUM. INCENTIVE OPPORTUNITY LEVELS ARE COMPETITIVE WITH PRACTICES OF PEER GROUPS AND BENEFITS WILL BE DELIVERED AT MARKET COMPETITIVE LEVELS. SEVERANCE AND PERQUISITES REFLECT A CONSERVATIVE PHILOSOPHY. THE COMMITTEE DETERMINED THAT THE PEER GROUP WOULD BE PRIMARILY REGIONAL NOT-FOR-PROFIT HOSPITALS OF SIMILAR SIZE AND COMPLEXITY. NATIONAL PEER GROUP WILL BE USED FOR REFERENCE PURPOSES WHERE APPROPRIATE. THE HENDRICK HEALTH SYSTEM PERSONNEL COMMITTEE IS DELEGATED THE RESPONSIBILITY FOR THE EXECUTIVE COMPENSATION PROGRAM BY THE BOARD OF TRUSTEES. THE COMMITTEE: SETS THE OVERALL EXECUTIVE COMPENSATION PHILOSOPHY TO BE IMPLEMENTED BY HENDRICK HEALTH SYSTEM; SETS COMPENSATION COMPONENTS FOR THE PRESIDENT AND CEO; REVIEWS, DISCUSSES AND MAKES DECISIONS BASED ON THE PRESIDENT AND CEO'S RECOMMENDATIONS FOR HIS DIRECT REPORTS; REPORTS A SUMMARY OF THE PROCESS BACK TO THE BOARD OF TRUSTEES ALONG WITH THE ACTUAL COMPENSATION APPROVED FOR THE PRESIDENT AND CEO; AND APPROVES ALL INCENTIVE GOALS AND AWARDS. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part IX, Line 11g Other Fees Contract Labor - Nursing - Total Expense: 4107419, Program Service Expense: 4107419, Management and General Expenses: , Fundraising Expenses: ; Contract Labor - Other - Total Expense: 2937574, Program Service Expense: 2937574, Management and General Expenses: , Fundraising Expenses: ; Contract Labor - Int'l Travel - Total Expense: 326716, Program Service Expense: 326716, Management and General Expenses: , Fundraising Expenses: ; Contact Labor-Occupational Therapists - Total Expense: 153902, Program Service Expense: 153902, Management and General Expenses: , Fundraising Expenses: ; Purch Svc - Medical - Total Expense: 371126, Program Service Expense: 366513, Management and General Expenses: 4613, Fundraising Expenses: ; Purch Svc - Lab/Diag - Total Expense: 624094, Program Service Expense: 624094, Management and General Expenses: , Fundraising Expenses: ; Purch Svc - Collections - Total Expense: 120772, Program Service Expense: , Management and General Expenses: 120772, Fundraising Expenses: ; Purch Scv - Consulting - Total Expense: 224823, Program Service Expense: 162018, Management and General Expenses: 62805, Fundraising Expenses: ; Purch Svc - Laundry/Linen - Total Expense: 352481, Program Service Expense: 282493, Management and General Expenses: 69988, Fundraising Expenses: ; Purch Svc - LPPF & TEHP - Total Expense: 2808814, Program Service Expense: 2247051, Management and General Expenses: 561763, Fundraising Expenses: ; Purch Svc - Other Services - Total Expense: 3425489, Program Service Expense: 2279022, Management and General Expenses: 1146467, Fundraising Expenses: ; Prof Fees - Physicians - Total Expense: 6873761, Program Service Expense: 6042659, Management and General Expenses: 831102, Fundraising Expenses: ; Prof Fees - Consulting - Total Expense: 141083, Program Service Expense: 133488, Management and General Expenses: 7595, Fundraising Expenses: ; Prof Fees - Other - Total Expense: 79491, Program Service Expense: 66817, Management and General Expenses: 12674, Fundraising Expenses: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances TRANSFERS FROM AFFILIATES - -18766746; CHANGE IN INTEREST IN NET ASSETS HMCF - 96934; HENDRICK MEDICAL CENTER PO BOX 3117 ABILENE TX 79604 750827446 HEALTHCARE TX 501(c)(3) 3 NOT APPLICABLE false HENDRICK MEDICAL CENTER FOUNDATION PO BOX 3117 ABILENE TX 79604 237413284 FUNDRAISING TX 501(c)(3) 7 HMC true HENDRICK ANESTHESIA NETWORK PO BOX 3117 ABILENE TX 79604 752728889 ANESTHESIA TX 501(c)(3) 10 HMC true HENDRICK PROVIDER NETWORK PO BOX 3117 ABILENE TX 79604 752660403 PHYS. GROUP TX 501(c)(3) 10 HMC true HENDRICK HOSPICE CARE PO BOX 3117 ABILENE TX 79604 751835287 HOSPICE CARE TX 501(c)(3) 10 HMC true HMC HOSPICE PROPERTIES PO BOX 3117 ABILENE TX 76904 814244839 PROPERTY MGMT TX 501(c)(3) Type I HMC true TEXAS MIDWEST SURGERY CENTER 751 N 18TH STREET ABILENE TX 79601 752800127 SURGERY CENTER TX HMC Related false 0 false HENDRICK HEALTH NETWORK PO BOX 3117 ABILENE TX 79604 721619011 HEALTH INSURANCE TX HMC C Corporation true HENDRICK SOUTHWESTERN HEALTH DEV CORP PO BOX 971 ABILENE TX 79604 751598794 RETAIL SALES TX HMC C Corporation true false true true false false false false false false true false false false false false false false true true HENDRICK PROVIDER NETWORK K 605978 BOOK VALUE Hendrick Surgery Center R 541491 Book Value