2015-08-14T09:23:29-05:00 2014-09-30 DELOITTE TAX LLP 201 E KENNEDY BLVD STE 1200 TAMPA FL 336024990 990 2013-10-01 591923401 BAPTIST HEALTH SOUTH FLORIDA FOUNDATION INC % FINANCE DEPARTMENT BAPT 7866627000 6855 RED ROAD STE 600 Suite CORAL GABLES FL 33143 WENDY GREENLEAF CORP VP OF FINANCE 7866627000 2015-08-13 2013 2016-04-25 22:37:26Z WILLIAM H BANCHS 6855 RED ROAD STE 600 CORAL GABLES FL 33143 73135608 false X WWW.BAPTISTHEALTH.NET X 1979 FL SEE STATEMENT 1 83 77 26 0 0 0 13391657 14124963 0 0 3613279 3929878 1294373 2619260 18299309 20674101 6786569 5123415 0 0 3005577 3365755 437538 591369 1554816 1453124 2174443 11682808 11254982 6616501 9419119 87549960 96812579 8585951 7660493 78964009 89152086 X THE MISSION OF BAPTIST HEALTH IS TO IMPROVE THE HEALTH AND WELL-BEING OF INDIVIDUALS, AND TO PROMOTE THE SANCTITY AND PRESERVATION OF LIFE, IN THE COMMUNITIES WE SERVE. BAPTIST HEALTH IS A FAITH-BASED ORGANIZATION GUIDED BY THE SPIRIT OF JESUS CHRIST AND THE JUDEO-CHRISTIAN ETHIC.WE ARE COMMITTED TO MAINTAINING THE HIGHEST STANDARDS OF CLINICAL AND SERVICE EXCELLENCE, ROOTED IN THE UTMOST INTEGRITY AND MORAL PRACTICE. CONSISTENT WITH ITS SPIRITUAL FOUNDATION, BAPTIST HEALTH IS DEDICATED TO PROVIDING HIGH-QUALITY, COST-EFFECTIVE, COMPASSIONATE HEALTHCARE SERVICES TO ALL, REGARDLESS OF RELIGION, CREED, RACE OR NATIONAL ORIGIN, INCLUDING, AS PERMITTED BY ITS RESOURCES, CHARITY CARE TO THOSE IN NEED. false false 8141852 5123415 2619260 Consistent with our spiritual foundation, Baptist Health South Florida and its affiliates (Baptist Health) are dedicated to providing high-quality, cost-effective, compassionate healthcare services to all, including, as permitted by our resources, charity care to those in need. During the fiscal year ended September 30, 2014, Baptist Health provided patient services to the South Florida area with 73,791 adult admissions, 356,366 patient days, and 328,974 emergency room visits. During that same time period, urgent care visits totaled 261,617, outpatient surgery cases 51,119, and other outpatient visits were 481,202 system-wide. As of September 30, 2014 the system had 1,761 licensed inpatient beds comprised of 1,653 Acute Care, 56 Neonatal Intensive Care Level II, 29 Neonatal Intensive Care Level III, and 23 Comprehensive Medical Rehabilitation. In total Baptist Health provided more than $352,649,777 in community benefit during its 2014 fiscal year. We provided charity care valued at $109,091,000 as well as $183,809,300 in uncompensated services. The estimated cost of providing charity services and uncompensated services is based on recent historical cost-to-charge ratios for charity patients and Medicaid patients from BHSF's cost accounting system, applied to the current period gross uncompensated charges associated with providing care to charity and Medicaid patients. We also contributed $25,848,000 to the indigent care fund and expended $10,083,000 for educational programs, screenings, corporate sponsorships and donations. Free community health and wellness programs covered topics ranging from insomnia and food safety to diabetes and weight control. In addition, Baptist Health provided free screenings for cholesterol, blood pressure, body composition and osteoporosis. Baptist Health also helped those in need of primary care services by donating approximately $1,762,500 to neighborhood Not-For-Profit clinics such as the Open Door Health Center in Homestead, the South Miami Children's Center in South Miami and the Good Health Clinic in Tavernier. We spent $14,282,600 paying physicians who provide care to our community members in need. Additionally, we provided $2,522,000 in continuing medical education and $872,000 in chaplaincy during the year ended September 30, 2014. Fulfilling our mission to provide compassionate care to the entire community isn't only about assisting those in financial need. It is also about supporting services that lose money but are essential to our community. In 2007, Baptist Health invested approximately $135,000,000 in building a replacement hospital for Homestead Hospital. Homestead Hospital operates at a loss, but Baptist Health continues to operate this hospital because it fills an important community need for quality healthcare. Additionally Baptist Health has invested substantial funds to harden its facilities to withstand a category 5 hurricane for the protection of our patients and neighbors. In the Fall of 2016, the Miami Cancer Institute at Baptist Health will house all of the cancer services offered by the system under one roof. The facility will offer 305,000 square feet of clinical services and cutting-edge technology. A 90,000 square-foot research facility will provide access to clinical trials and ground-breaking treatments. The $430 million facility will be the first in South Florida - and one of the few in the nation - to offer proton therapy. Designed with patient comfort and convenience in mind, the Cancer Institute will offer diagnosis, treatment, research trials and follow-up care at one state-of-the-art location. In addition to the health-related benefits listed above, Baptist Health also has a significant and positive financial impact on our community. We directly employ more than 15,000 individuals and indirectly create another 34,000 jobs. As South Florida's largest private employer, Baptist Health is taking a leadership role by committing to the environmentally responsible, energy-efficient design and function of our facilities. West Kendall Baptist Hospital is certified as a green building through the Leadership in Energy and Environmental Design (LEED) program for the US Green Building Councils. This commitment applies to our day-to-day operations, as well, from the supplies we purchase to the vehicles we use. In accordance with our faith-based mission, Baptist Health South Florida and its affiliates are committed to making a significant, positive impact on the community it serves. 8141852 true true false false false false false false false true true false false true true true false true false false true false false true true false false true false true false false false false false false false false true false false false false true false false false true X 0 0 true 0 false false false false false true true true 1 false false false false false false X 83 77 true false true false false true true true true false false true true true true true true true true false X X FINANCE DEPARTMENT 7866627000 6855 RED ROAD STE 200 CORAL GABLES FL 33143 X YERBY T BARKER DIRECTOR 2.0 4.0 X RUDY KRANYS DIRECTOR 2.0 4.0 X GEORGE ARONOFF DIRECTOR 2.0 0.0 X JOSEPH BUCHANAN ESQ DIRECTOR 2.0 2.0 X ROBERT BURSTEIN DIRECTOR 2.0 0.0 X ROBERT GINTEL DIRECTOR 2.0 2.0 X 27 JAMES W HARRIS DIRECTOR 2.0 4.0 X 8953 CHARLIE MARTINEZ DIRECTOR 2.0 2.0 X JACQUE HUTTOE DIRECTOR 2.0 0.0 X BRUCE WIRTZ MACARTHUR DIRECTOR 2.0 0.0 X JOANNE J MCGREGOR-GANUS DIRECTOR 2.0 0.0 X EMERY B SHEER DIRECTOR 2.0 2.0 X 1979 BARRY HALPERN MD DIRECTOR 2.0 0.0 X LEIF GUNDERSON DIRECTOR 2.0 2.0 X 220 NATHAN HIRSCH MD DIRECTOR 2.0 0.0 X 35 LANE JONES DIRECTOR 2.0 0.0 X ROBERT BERRIN DIRECTOR 2.0 2.0 X 902 BONNIE BLAIRE DIRECTOR 2.0 2.0 X WILLIAM DICKINSON DIRECTOR 2.0 6.0 X KATRINA LAVENE DIRECTOR 2.0 0.0 X 218 MARIA CAMILA LEIVA DIRECTOR 2.0 2.0 X DEREK MCDOWELL DIRECTOR 2.0 0.0 X WARREN WEISER DIRECTOR 2.0 0.0 X WILLIAM W WILSON III DIRECTOR 2.0 2.0 X RENE TAYLOR DIRECTOR 2.0 2.0 X 1392 BETTY ANNE SCHILLING DIRECTOR 2.0 0.0 X BILL R TILLET DIRECTOR 2.0 8.0 X RICHARD ANDERSON DIRECTOR 2.0 2.0 X 44 BONNIE LANO RIPPINGILLE DIRECTOR 2.0 0.0 X 150 JOHANNA PATERSON DIRECTOR 2.0 2.0 X PATRICIA MULL DIRECTOR 2.0 0.0 X PATRICIA STANLEY DIRECTOR 2.0 0.0 X JOEL M SHEPHERD DIRECTOR 2.0 2.0 X CYNTHIA LEESFIELD DIRECTOR 2.0 0.0 X JOEL SCHENKMAN MD DIRECTOR 2.0 2.0 X TOMAS P ERBAN DIRECTOR 2.0 0.0 X 114 LANI KAHN DRODY DIRECTOR 2.0 0.0 X 362 ANDREW MENACHEM DIRECTOR 2.0 0.0 X AGUSTIN G DE GOYTISOLO DIRECTOR 2.0 0.0 X VICTORIA LONDON DIRECTOR 2.0 2.0 X GLENN HUBER DIRECTOR 2.0 0.0 X JAY HERSHOFF ESQ DIRECTOR 2.0 4.0 X 2405 JON LANDAU DIRECTOR 2.0 0.0 X JUAN-CARLOS QUINTERO DMD DIRECTOR 2.0 0.0 X LOURDES JOFRE-COLLETT DIRECTOR 2.0 0.0 X 419 LUIS HERNANDEZ DIRECTOR 2.0 0.0 X SAMUEL S PORCO JR DMD DIRECTOR 2.0 0.0 X KENNETH AHONEN MD DIRECTOR 2.0 2.0 X 0 25290 0 MICHAEL FILI MD DIRECTOR 2.0 2.0 X 1459 153511 0 STEVEN FLETCHER MD DIRECTOR 2.0 2.0 X 0 60400 0 KAREL FOTI DIRECTOR 2.0 0.0 X WILLIAM HENNEBERRY DIRECTOR 2.0 0.0 X 16297 YVONNE JOHNSON MD DIRECTOR 2.0 2.0 X 747 72800 0 CHARLES KROPKE DIRECTOR 2.0 0.0 X MIGUEL MASEDA DIRECTOR 2.0 0.0 X 2120 WILLIAM ROHRER DIRECTOR 2.0 0.0 X CHIP VANDENBERG DIRECTOR 2.0 0.0 X ROARK YOUNG DIRECTOR 2.0 0.0 X 99 PERCY AITKEN MD DIRECTOR 2.0 2.0 X 0 78887 0 RICHARD ALGER DIRECTOR 2.0 0.0 X ALBERT LLODRA DIRECTOR 2.0 0.0 X CHERYL ANNE MEADS DIRECTOR 2.0 0.0 X ERIS THOMAS DIRECTOR 2.0 0.0 X SCOTT WESTON DIRECTOR 2.0 8.0 X MARTA YEE DIRECTOR 2.0 0.0 X NEIL R CHRYSTAL DIRECTOR 2.0 0.0 X MARK BENNINGTON DIRECTOR 2.0 0.0 X 236 AUDRA L HILL DIRECTOR 2.0 0.0 X E CARLTON WILTON JR DIRECTOR 2.0 0.0 X ALBERT SOTERO DIRECTOR 2.0 0.0 X ABBY VICENCIO DIRECTOR 2.0 0.0 X JOSE AGUIRRECHU DIRECTOR 2.0 0.0 X DONALD DARRACH ESQ DIRECTOR 2.0 0.0 X LIANA M DE MENA DIRECTOR 2.0 0.0 X PEDRO FERNANDEZ DIRECTOR 2.0 0.0 X DONALD GALLO DMD DIRECTOR 2.0 0.0 X YGNACIO L GARCIA-SALADRIGAS DIRECTOR 2.0 0.0 X ALEX GIERBOLINI DIRECTOR 2.0 0.0 X JOSE ANTONIO GONZALEZ DIRECTOR 2.0 0.0 X KRISTINA GOSSMAN-DUCANES DIRECTOR 2.0 0.0 X CHARLOTTE ALTHIN HICKS DIRECTOR 2.0 0.0 X HANK KLEIN DIRECTOR 2.0 0.0 X CARLOS E LOWELL DIRECTOR 2.0 0.0 X VICTORIA LOWELL DIRECTOR 2.0 0.0 X JORGE R MEJIA MD DIRECTOR 2.0 2.0 X 0 12000 0 JUAN ANTONIO MICHELENA DIRECTOR 2.0 0.0 X LILLIAN M PETERS DIRECTOR 2.0 0.0 X JEREMY I TABAK MD DIRECTOR 2.0 2.0 X 223 28550 0 AISLYNN THOMAS-MCDONALD ESQ DIRECTOR 2.0 0.0 X FRANK MIGUEL VELOSO DIRECTOR 2.0 0.0 X KRISTINE T WENZEL DIRECTOR 2.0 0.0 X VIVIAN WILLIAMS DIRECTOR 2.0 0.0 X JUAN CARLOS VERDEJA MD DIRECTOR 2.0 X 814 0 0 WILLIAM H BANCHS CEO 50.0 0.0 X 57400 0 13804 CHRISTOPHER KRAUS VP 50.0 0.0 X 250201 0 59450 KARL CETTA FUNDRAISER 45.0 0.0 X 174901 0 37997 SEAN KRAMER DEVELOPMENT OFFICER 45.0 0.0 X 129075 0 3777 WENDY GENTES DEVELOPMENT OFFICER 45.0 0.0 X 112519 0 33488 ANNA MARTINEZ DEVELOPMENT OFFICER 45.0 0.0 X 110212 0 3671 REGINE CAMBRONNE DIRECTOR DEVELOPMENT 45.0 0.0 X 101456 0 17258 STEPHEN PARSONS FORMER CEO (8/13/13) 0.0 0.0 X 371528 0 47309 ROBERT G BAAL FORMER CEO 0.0 0.0 X 174666 0 0 1521173 431438 216754 8 true true false ROBERT BAAL 13505 SW 72 CT PINECREST FL 33156 PROFESSIONAL SVCS 188595 MET II HOTEL LLC 255 BISCAYNE BLVD WAY MIAMI FL 33131 PROFESSIONAL SVCS 252364 BOB CARTER COMPANIES LLC 400 MADISON DR STE 201 SARASOTA FL 34236 CONSULTING 224976 THIERRYS INC 915 NW 72 ST MIAMI FL 33150 PURCHASED SVCS 188445 ALLEGIANT DIRECT INC 278 FRANKLIN RD BRENTWOOD TN 37027 PURCHASED SVCS 131945 9 X 14124963 128656 14124963 0 1458497 1458497 0 0 0 0 0 53151964 50680583 2471381 2471381 2471381 4400184 1780924 2619260 2619260 0 0 0 20674101 6549138 5123415 5123415 0 0 0 291507 291507 0 2510454 2045432 465022 95240 69525 25715 293855 214514 79341 174699 127530 47169 0 2100 2100 0 0 591369 591369 489437 489437 994607 12187 35491 946929 0 242420 206057 36363 0 0 0 27575 7246 3811 16518 0 25590 25590 0 0 2783 1809 974 0 ENTERTAINMENT & COMMUNITY 53898 48508 5390 MISCELLANEOUS 336033 285629 50404 11254982 8141852 1558314 1554816 X 0 0 3491500 3498256 11635203 16023777 0 0 0 0 0 0 0 0 0 0 0 0 38714 25918 15579 12796 62944792 68213255 0 0 0 0 0 0 9462886 9064495 87549960 96812579 4157057 4374643 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4428894 3285850 8585951 7660493 X 26563548 30250986 40197095 46298690 12203366 12602410 78964009 89152086 87549960 96812579 X 9419119 778463 -9505 X false true X true false X false false false 6210684 5488812 5847271 8320602 9538272 35405641 0 0 6210684 5488812 5847271 8320602 9538272 35405641 399875 35005766 1293336 843378 1246841 1489434 1458497 6331486 0 0 41737127 15297677 0.83872 0.82042 X SCHEDULE A, PART II, LINE 1 TAX YEAR 2011 Date of Grant 07/06/2012 Amount $2,171,434 TAX YEAR 2012 Date of Grant 12/26/2012 Amount $1,000,000 Date of Grant 12/28/2012 Amount $1,071,055 Date of Grant 02/27/2013 Amount $1,000,000 Date of Grant 05/01/2013 Amount $1,000,000 Date of Grant 05/23/2013 Amount $1,000,000 TAX YEAR 2013 Date of Grant 10/14/2013 Amount $1,333,333 Date of Grant 01/20/2014 Amount $1,000,000 Date of Grant 02/25/2014 Amount $1,115,664 Date of Grant 03/25/2014 Amount $1,000,000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12203366 399044 12602410 11498838 1104528 400000 12203366 11188556 310282 11498838 10982172 216384 10000 11188556 10861430 120742 10982172 1.00000 false true true 38714 25918 12796 12796 ACCRUED INTEREST RECEIVABLE 306056 OWNED LIFE INSURANCE POLICIES 1185666 REC FROM REMAINDER TRUSTS 7572773 9064495 0 DUE TO AFFILIATES 3259088 POST RETIREMENT BENEFITS LONG-TERM 26762 3285850 X 11144258 778463 -448680 329783 10814475 9859626 9859626 20674101 7438981 7438981 3816001 3816001 11254982 SCHEDULE D PART XI LINE 2D OTHER REVENUE, GAINS, AND OTHER SUPPORT INCLUDED IN BOOKS BUT NOT IN FORM 990 DESCRIPTION AMOUNT CHANGE IN VALUE OF LIFE INSURANCE POLICIES 40,757 INVESTMENT MANAGEMENT FEES -489,437 __________ TOTAL -448,680 SCHEDULE D PART XI LINE 4B OTHER REVENUE, GAINS, AND OTHER SUPPORT IN FORM 990 NOT IN BOOKS DESCRIPTION AMOUNT PERMANENTLY RESTRICTED FUNDS CURRENT YEAR 98,833 TEMPORARY RESTRICTED FUNDS CURRENT YEAR 7,102,673 NET REVENUE FROM FUNDRAISING EVENTS 2,619,260 CONTRIBUTIONS 38,860 __________ TOTAL 9,859,626 SCHEDULE D PART XII LINE 4B OTHER EXPENSES AND LOSSES INCLUDED IN FORM 990 BUT NOT IN BOOKS DESCRIPTION AMOUNT CONTRIBUTIONS TO AFFILIATES FOR PP&E 3,326,564 INVESTMENT MANAGEMENT FEES 489,437 ___________ TOTAL 3,816,001 SCHEDULE D PART X LINE 2 FIN 48 (ASC 740) FOOTNOTE As of September 30, 2014 and 2013, BHSF had no material unrecognized tax positions. SCHEDULE D PART V, LINE 4 INTENDED USE OF ORGANIZATION'S ENDOWMENT FUNDS Baptist Health South Florida Foundation, Inc's endowment consists of funds that have been limited by donors to a specific time period or purpose. As required by accounting principles generally accepted in the United States of America, net assets associated with endowment funds are classified and reported based on the existence or absence of donor-imposed restrictions. Endowment funds received are included in assets whose use is limited and invested in accordance with Baptist Health South Florida's (BHSF) investment policy. Gifts donated to the permanently restricted endowments are classified as permanently restricted net assets at their original fair value. Gifts donated with temporary restrictions are classified as temporarily restricted net assets at their original fair value, until those amounts are appropriated for expenditure by the BHSF Hospitals or Baptist Outpatients Services, Inc (BOS) in accordance with donors' wishes. Income derived from permanently and temporarily restricted net assets is expendable to support the BHSF Hospitals and BOS absent explicit donor stipulations to the contrary. The Endowment funds at Baptist Health South Florida Foundation supports E-ICU services, Hyperbaric Medicine, Oncology services, Electrophysiology Program, Child Development Program, The Pepe Alvarez Memorial Lecture Fund and an annual dinner lecture for nurses. Europe (Including Iceland and Greenland) Investments 1900000 1900000 1900000 false false true true false false SCHEDULE F PART IV, LINE 3 During the tax year, BHSF Foundation had an ownership interest in Krom River Commodity Fund, a foreign corporation. However, Krom River Commodity Fund does not meet the definition of a Controlled Foreign Corporation (CFC), As such, BHSF Foundation is not required to file Form 5471, Information Return of U.S. Persons With Respect to Certain Foreign Corporations. X X X X X X true ROBERT BAAL FUNDRAISING false 166782 BOB CARTER COMPANIES LLC FUNDRAISING false 101264 JOSEFINA ROMANO BROWN FUNDRAISING false 103000 COPLEY RAFF INC FUNDRAISING false 220323 591369 FL BOS DINNER 797294 797294 99493 10100 125286 BRANSON LUNCH 781347 781347 23067 475 259054 8 2821543 2821543 123636 240237 54675 844901 4400184 4400184 223129 263304 65250 1229241 1780924 2619260 true BAPTIST HOSPITAL OF MIAMI INC 8900 NORTH KENDALL DRIVE miami FL 33176 590910342 501 (C)(3) 3413707 OPERATIONS, PROPERTY & EQUIPMENT ACQUISITIONS SOUTH MIAMI HOSPITAL INC 6200 SW 73 STREET miami FL 33143 590872594 501 (C)(3) 463079 OPERATIONS, PROPERTY, PLANT & EQUIPMENT MARINERS HOSPITAL INC 91500 OVERSEAS HIGHWAY tavernier FL 33070 591987355 501 (C)(3) 576339 OPERATIONS, PROPERTY & EQUIPMENT ACQUISITIONS BAPTIST HEALTH SOUTH FLORIDA INC 6855 RED ROAD SUITE 500 coral gables FL 33143 650267668 501 (C)(3) 184962 OPERATIONS HOMESTEAD HOSPITAL 975 BAPTIST WAY HOMESTEAD FL 33033 650232993 501 (C)(3) 46863 OPERATIONS DOCTORS HOSPITAL 5000 UNIVERSITY DR CORAL GABLES FL 33146 043775926 501 (C)(3) 66749 OPERATIONS, PROPERTY & EQUIPMENT ACQUISITIONS WEST KENDALL BAPTIST HOSPITAL 9555 SW 162 AVE MIAMI FL 33196 522438452 501 (C) (3) 23399 OPERATIONS BAPTIST OUTPATIENT SERVICES 6855 RED ROAD CORAL GABLES FL 33143 562290370 501 (C) (3) 348317 OPERATIONS 8 Schedule I, Part I, line 2 Baptist Health South Florida Foundation contributes to organizations that are in alignment with its mission. The organization strives to ensure that contributions are made to organizations that improve the health and well-being of the communities it serves. Typically members of management are involved with these organizations and monitor the benefits our communities receive. X X X X X true true false false false false false true false ROBERT G BAAL FORMER CEO 174666 0 0 0 0 0 0 0 0 0 174666 0 0 0 KARL CETTA FUNDRAISER 133893 0 33910 0 7098 0 3645 0 34352 0 212898 0 0 0 STEPHEN PARSONS FORMER CEO (8/13/13) 141348 0 84925 0 145255 0 26306 0 21003 0 418837 0 0 0 CHRISTOPHER KRAUS VP 158425 0 84001 0 7775 0 21054 0 38396 0 309651 0 0 0 MICHAEL FILI MD DIRECTOR 0 0 0 0 1459 153511 0 0 0 0 1459 153511 0 0 SCHEDULE J PART I, QUESTION 7 Key executives who control significant assets or who have a major impact on operations may earn incentive pay, capped at a pre-determined percentage of the executive's base salary. The purpose of incentive pay is to focus executive action on key "performance thresholds" and corporate goals that are approved by the Board's Compensation Committee. The achievement of these goals requires extraordinary effort, commitment and achievement. The incentive component of the executive's total compensation is variable and totally at risk, depending upon the achievement of the agreed-upon goals. SCHEDULE J, PART I, QUESTION 4B As part of the Baptist Health South Florida executive benefit plan, executives are eligible to allocate a portion of their flexible spending allowance to a Supplemental Survivor Accumulation Benefit (SSAB) account. The SSAB is a life insurance product that provides a deferred retirement benefit for the executive or a death benefit for the executive's survivors. Contributions to the SSAB may be made annually to the participant's account. All contributions accumulate, along with investment earnings, for the period the executive participates. The executive does not have access to the contributions made or the related investment income, all of which is subject to substantial risk of forfeiture. Pursuant to the SSAB plan guidelines, this benefit is terminated upon an executive reaching age 65, however, payment can be deferred to a date at least two years after reaching age 65 but no later than 68. At that time the entire amount accumulated is paid out in a lump sum. Schedule J, Part I, Line 4a Stephen Parsons, Former CEO, received a severance payment of $80,215. X 1 38860 FAIR MARKET VALUE X 8 89796 FAIR MARKET VALUE 1 false false false FORM 990, PART VI, QUESTION 15 PERFORMANCE-BASED EXECUTIVE COMPENSATION The South Florida market for highly competent healthcare executives reflects a very competitive environment for qualified executives. It is comprised of large, national, for profit chains and not-for-profit hospital systems and stand-alone hospitals. The Board of Trustees of Baptist Health South Florida seeks executives of vision and leadership to carry out the organization's faith-based mission of quality care and community service. The Board expects these executives to provide leadership that will place Baptist Health among the best healthcare systems in the nation for quality and excellence. The Board expects executives to demonstrate integrity and loyalty in the performance of their duties and to adhere to Baptist Health Conflict of Interest Policy, Executive Code of Conduct and all compliance/ethics policies. Executive compensation is considered the foundation to attract and retain executives with the talent, experience and character to meet these expectations. The Bylaws of Baptist Health South Florida Foundation delegate the authority to set executive compensation to Baptist Health South Florida (BHSF). BHSF's Compensation Committee is comprised exclusively of independent Board members who serve voluntarily without any remuneration, and who must adhere to a stringent conflict of interest policy that precludes them or their families from doing business with Baptist Health. The Committee is responsible for reviewing the performance and approving the compensation for executives. The term "compensation" includes salaries, benefits and incentives. The Compensation Committee annually engages a nationally-recognized, independent consultant to conduct compensation surveys and to advise the Board on compensation policies. The Compensation Committee decisions are based on the following: 1. Total Compensation Package: Recruitment and retention of capable, productive executives is accomplished through design of a total compensation package that includes a base salary, at-risk incentive pay, and benefits. It is the objective of Baptist Health to ensure a consistent compensation philosophy across all employee and leadership levels that rewards outstanding performance using a cash plus employee benefits package targeting the 75th percentile. Base salaries of fully productive executives are indexed to the median (50th percentile) salary paid by similar healthcare organizations. Incentive pay for superior achievement provides the opportunity for total cash compensation at the 75th percentile of the executive's peer group if the executive exceeds his/her performance metrics. 2. Performance-based Salary Increases: One of the key elements of Baptist Heath's executive compensation philosophy is "pay for performance." Salary increases are based upon the degree to which each executive achieves his/her individual performance objectives for the year, which are tied to corporate objectives. Generally these objectives relate to clinical quality; patient, physician and community satisfaction; charity care and mission goals; financial performance and expense management. Individual and group performance against these objectives is reviewed by the Compensation Committee and Board of Trustees annually after the close of the fiscal year. 3. Market-based Salary Increases: The Board's Compensation Committee reviews the market value of executive positions annually to assure that Baptist Health's pay levels are competitive. The independent consultant, selected by the Compensation Committee, obtains executive salary information for functionally comparable positions at healthcare institutions of comparable size within Florida and the United States. Baptist Health's peer group is comprised of other complex not-for-profit hospital systems of similar size ($2.32 billion in revenues; 15,000 employees), scope (6 hospitals, more than a dozen outpatient centers and a large international service). The peer group does not include for-profit hospitals, whose compensation practices are far more generous (and include such things as stock options and equity/ownership interests). 4. No Guaranteed Salary Increases: There is no guarantee of annual executive salary increases. Salary increases depend upon the organization's ability to pay, the executive's salary in relation to the market, the executive's performance level, and internal pay relationships to peers. 5. At-Risk Incentive Pay: Key executives who control significant assets or who have a major impact on operations may earn incentive pay, capped at a pre-determined percentage of the executive's base salary. The purpose of incentive pay is to focus executive action on key "performance thresholds" and corporate goals that are approved by the Board's Compensation Committee. The achievement of these goals requires extraordinary effort, commitment and achievement. The incentive component of the executive's total compensation is variable and totally at risk, depending upon the achievement of the agreed-upon goals. 6. Perquisites: Baptist Health executives are provided with a common set of perquisites that are typical of other responsible not-for-profit organizations to enable them to more effectively conduct their business. These benefits are deemed by the Compensation Committee to be appropriate and conservative. Perquisites are generally limited to auto and cell phone allowances which are fully taxable to the executive. Other perquisites provided to executives, such as paid time off or reimbursement for relevant educational expenses, are offered to all employees in accordance with enterprise-wide policies and procedures. Business travel for executives on commercial airlines is limited to coach fares (an upgrade to the next available class of service, e.g., business class, may be permitted when the flight duration is in excess of five hours or an overnight accommodation can be avoided). Chartered plane travel, spousal travel, luxury residences for personal use, health, country or social club dues and personal services (such as maid, chauffeur, chef, landscaper) are not provided (or reimbursed) to Baptist Health executives. FORM 990, PART VI, QUESTION 12 employee conflict of interest AN ACTUAL, POTENTIAL OR PERCEIVED CONFLICT OF INTEREST OCCURS IN THOSE CIRCUMSTANCES WHERE AN EMPLOYEE'S JUDGEMENT COULD BE AFFECTED BECAUSE THE EMPLOYEE HAS A PERSONAL INTEREST, OTHER THAN THE RECEIPT OF COMPENSATION FROM BAPTIST HEALTH SOUTH FLORIDA, INC. AND ITS AFFILIATES ("BHSF"), IN THE OUTCOME OF A DECISION OVER WHICH THE EMPLOYEE HAS CONTROL OR INFLUENCE. FOR THE PURPOSES OF THIS POLICY, IT IS PRESUMED THAT MANAGERS HAVE CONTROL OR INFLUENCE OVER ANY DECISION AFFECTING A MATTER FOR WHICH A MANAGER HAS RESPONSIBILITY. A PERSONAL INTEREST EXISTS WHEN AN EMPLOYEE OR A MEMBER OF HIS OR HER FAMILY STANDS TO DIRECTLY OR INDIRECTLY OBTAIN FINANCIAL GAIN AS A RESULT OF A DECISION. THIS POLICY IS INTENDED FOR ALL EMPLOYEES IN ORDER THAT THEY MAY UNDERSTAND, IDENTIFY, MANAGE AND APPROPRIATELY DISCLOSE THOSE TRANSACTIONS WHICH COULD RESULT IN AN ACTUAL, POTENTIAL OR PERCEIVED CONFLICT OF INTEREST. IN ACCORDANCE WITH OUR CODE OF ETHICS, HIGH ETHICAL STANDARDS MUST BE OBSERVED IN THE NEGOTIATION AND EXECUTION OF ALL BUSINESS ACTIVITIES CONDUCTED AT, BY OR WITH BHSF. ANY DECISIONS MADE BY BHSF EMPLOYEES MUST BE MADE IN COMPLIANCE WITH APPLICABLE LAWS AND REGULATIONS, WITH THE BEST ORGANIZATIONAL INTERESTS OF BHSF AS THE HIGHEST PRIORITY AND WITHOUT REGARD TO THE PERSONAL GAIN OR INTEREST OF ANY OTHER PERSON OR ENTITY. LIKEWISE, THE APPEARANCE OF ANY SUCH IMPROPER INFLUENCE ON ANY DECISIONS SHOULD BE CONSCIOUSLY AVOIDED. EMPLOYEES SHOULD ALSO ADHERE TO POLICY 828 WHICH PROHIBITS VENDOR SPONSORED TRAVEL AND POLICY 829 LIMITING ACCEPTANCE OF PERSONAL HONORARIUMS AND POLICY 831 WHICH PROVIDES LIMITATIONS AND GUIDELINES ON PHILANTHROPIC SOLICITATION OF VENDORS. A POTENTIAL OR PERCEIVED CONFLICT OF INTEREST MAY EXIST IRRESPECTIVE OF THE INTENT OF THE EMPLOYEE. PLEASE VISIT OUR WEBSITE WWW.BAPTISTHEALTH.NET TO VIEW THE IMPLEMENTATION PROCEDURES FOR EACH POLICY. FORM 990, PART VI, QUESTION 12 BOARD CONFLICT POLICY BAPTIST HEALTH AND ITS AFFILIATES HAVE A STRONG AND ROBUST CONFLICT OF INTEREST POLICY. THE POLICY IS MEANT TO ENSURE THAT EACH VOTING MEMBER OF THE BOARD OF TRUSTEES GOVERNS THE AFFAIRS OF BAPTIST HEALTH WITH HONESTY AND INTEGRITY AND MAKES DECISIONS FOR THE BENEFIT OF BAPTIST HEALTH. VOTING BOARD MEMBERS MAY NOT BE EMPLOYED BY BAPTIST HEALTH NOR ENGAGED TO PROVIDE SERVICES TO BAPTIST HEALTH IN EXCHANGE FOR CASH COMPENSATION. CONFLICT FREE DECISION MAKING EXTENDS BEYOND THE BOARD MEMBERS. TRANSACTIONS THAT MIGHT BENEFIT (I) THE PRIVATE INTEREST OF A MEMBER OR HIS OR HER FAMILY (II) AN ORGANIZATION CONTROLLED BY A MEMBER OF HIS OR HER FAMILY (III) AN ORGANIZATION IN WHICH A MEMBER OR HIS OR HER FAMILY HAS A MATERIAL INTEREST. SINCE THE APPEARANCE OF A CONFLICT OF INTEREST MAY BE AS DAMAGING TO BAPTIST HEALTH'S REPUTATION AS ACTUALLY PERMITTING A CONFLICT TO EXIST, EACH BOARD MEMBER HAS A CONTINUING OBLIGATION TO DISCLOSE ANY POTENTIAL CONFLICTS. THIS CONTINUING OBLIGATION IS SUPPLEMENTED BY AN ANNUAL CERTIFICATION THAT THE BOARD MEMBER IS FREE FROM ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. THE ANNUAL CERTIFICATION IS REVIEWED BY THE VICE PRESIDENT OF COMPLIANCE WHO REPORTS DIRECTLY TO THE BOARD. POTENTIAL CONFLICTS ARE FURTHER REVIEWED BY THE BOARD'S ETHICS COMMITTEE. IF A CONFLICT DOES EXIST, THE CONFLICTED BOARD MEMBER MAY BE REQUIRED TO (I) RESIGN FROM THE BOARD OR (II) ELIMINATE THE RELATIONSHIP WHICH GIVES RISE TO THE CONFLICT. FORM 990, PART VI, QUESTION 12c ENFORCEMENT AND MONITORING OF CONFLICT OF INTEREST POLICY ONE OF BAPTIST HEALTH SOUTH FLORIDA'S GREATEST ASSETS IS THE INTEGRITY OF ITS VOLUNTEER BOARD MEMBERS. ONE WAY TO ASSURE INTEGRITY IS THEIR COMMITMENT TO A STRINGENT CONFLICT OF INTEREST POLICY FOR THEIR GOVERNING BOARDS AND MANAGEMENT. AS A PART OF A ROBUST CONFLICT OF INTEREST POLICY, BOARD MEMBERS MUST ANNUALLY COMPLETE A CONFLICT OF INTEREST DECLARATION FORM. THE AUDIT AND COMPLIANCE DEPARTMENT MONITOR TO ENSURE ALL VOTING MEMBERS SUBMIT THE DECLARATION FORM AND PERFORM NECESSARY RESEARCH TO UNDERSTAND IF A POTENTIAL CONFLICT EXISTS. ALL DISCLOSURES AND THE RELATED RESEARCH ARE SUMMARIZED FOR THE ETHICS COMMITTEE OF THE BAPTIST HEALTH BOARD OF TRUSTEES. ANY DISCLOSURES THAT MAY RESULT IN THE APPEARANCE OF A CONFLICT ARE ADDRESSED BY THE COMMITTEE FOR ITS CONSIDERATION AND RESOLUTION. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AVAILABLE TO THE PUBLIC DOCUMENTS THAT ARE REQUIRED TO BE OPEN FOR PUBLIC INSPECTION ARE MADE AVAILABLE UPON REQUEST. IN ADDITION BOTH THE FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING ON THIRD PARTY WEBSITES. THE CONFLICT OF INTEREST POLICY IS AVAILABLE ON WWW.BAPTISTHEALTH.NET. FORM 990, PART V, LINE 1A US INFORMATIONAL RETURNS BAPTIST HEALTH SOUTH FLORIDA (BHSF) HAS A SYSTEM-WIDE TREASURY POLICY, WHICH RECOGNIZES ITS RESPONSIBILITY TO OVERSEE, MANAGE, AND COORDINATE ALL AFFILIATE OPERATIONS, INCLUDING THE TREASURY FUNCTIONS. BHSF SERVES AS THE CENTRALIZED CASH RECEIPT AND DISBURSING AGENT FOR ALL BHSF ENTITIES. AS SUCH ONLY BHSF ISSUES US INFORMATIONAL RETURNS. FORM 990, PART V, LINE 2a EMPLOYEES REPORTED ON FORM W-3 BAPTIST HEALTH SOUTH FLORIDA (BHSF)IS THE APPOINTED PAY AGENT FOR ALL OF ITS AFFILIATES. AS SUCH ONLY BHSF ISSUES FORM W-3. FORM 990, PART VI, SECTION B, LINE 11B PROCESS FOR REVIEWING FORM 990 THE MANAGEMENT OF BAPTIST HEALTH SOUTH FLORIDA (BHSF) IS RESPONSIBLE FOR THE ACCURACY AND COMPLETENESS OF THE TAX RETURNS OF BHSF AND ALL OF ITS NONPROFIT, CHARITABLE AFFILIATES. THIS FORM 990 HAS BEEN PREPARED IN CONFORMITY WITH THE INTERNAL REVENUE CODE AND TREASURY REGULATIONS. INDEPENDENT TAX CONSULTANTS AND MEMBERS OF MANAGEMENT HAVE REVIEWED IN DETAIL THE COMPLETED FORM 990. PRIOR TO FILING, THE FORM 990 PREPARTION PROCESS AND THE DOCUMENTS ARE DISCUSSED AT A MEETING OF THE FINANCE & INSURANCE COMMITTEE OF THE BOARD OF TRUSTEES AND MADE AVAILABLE ELECTRONICALLY TO ALL MEMBERS OF THE BOARD OF TRUSTEES FOR REVIEW AND COMMENTARY. ADDITIONALLY THE EXECUTIVE AND COMPENSATION COMMITTEES OF THE BHSF BOARD OF TRUSTEES, COMPOSED OF INDEPENDENT UNCOMPENSATED MEMBERS, REVIEW OTHER PERTINENT AREAS OF THE RETURN. THE PRESIDENT AND CEO AS WELL AS THE EXECUTIVE VICE PRESIDENT AND CFO HEREBY CERTIFY AS TO THE ACCURACY AND COMPLETENESS OF THIS FORM 990. FORM 990, PART VI, LINE 7A & 7b GOVERNING BODY AND MANAGEMENT THIS ORGANIZATION IS PART OF BAPTIST HEALTH SOUTH FLORIDA, AN INTEGRATED HEALTH CARE DELIVERY SYSTEM. THE BOARD OF TRUSTEES OF BAPTIST HEALTH SOUTH FLORIDA HAS THE RIGHT TO APPROVE OR RATIFY CERTAIN CORPORATE DECISIONS OF THE ORGANIZATION AND TO APPOINT SOME BOARD MEMBERS TO THE HOSPITAL'S BOARD OF DIRECTORS. Schedule J Part II Column (B)(ii) EXECUTIVE COMPENSATION All executive compensation is reviewed and approved annually by the compensation committee which is comprised of independent uncompensated members of the Board of Trustees who have certified that they have no conflict of interest with the organization. Reportable compensation includes base salary as well as payments under a formal incentive plan which rewards successful achievement of quality, mission, charity care, and financial corporate objectives. FORM 990, PART XI, LINE 9 CHANGES IN NET ASSETS/FUND BALANCE OTHER CHANGES IN NET ASSETS OR FUND BALANCES: CHANGE IN POST RETIREMENT HEALTH OBLIGATION 22,365 CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -18,199 CONTRIBUTIONS TO AFFILIATES FOR PP&E 3,326,564 CONTRIBUTIONS TO AFFILIATES FOR OPERATIONS 1,796,851 NET ASSETS RELEASED FROM RESTRICTION -5,123,415 UNCOLLECTIBLE TEMPORARILY RESTRICTED PLEDGES -505,704 RESTRICTED INVESTMENT INCOME 456,276 CHANGE IN VALUE OF LIFE INSURANCE POLICY 40,757 ALLOWANCE FOR UNCOLLECTIBLE PLEDGES -5,000 ___________ TOTAL -9,505 FORM 990, PART VII The amounts appearing as reportable compensation on Form 990 Part VII for volunteer board members are composed of either payments for services as an elected representative of the medical staff, non-clinical services rendered to Baptist Health South Florida or its affiliates which make possible an important administrative function, or minor discounts on clinical services received at a Baptist Health South Florida facility. All of these amounts are reported in accordance with the rules and regulations pertaining to IRS Forms W-2 and 1099 respectively. FORM 990, PART VI, SECTION A, LINE 4 CHANGES TO ORGANIZATIONAL DOCUMENTS The Bylaws of Baptist Health South Florida Foundation, INC were amended during THE Fiscal Year AS FOLLOWS: 1. EXPANSION OF MEMBERSHIP of Honorary Members of the Board of Directors 2. clarifieS actions that may be taken by the Executive Committee of the Board of Directors. 2. A MEMBER'S PARTICIPATION IN MEETINGS OF THE BOARD OR COMMITTEE MAY INCLUDE IN PERSON ATTENDENCE OR ANY MEANS OF COMMUNICATION IN WHICH THE MEMBERS MAY HEAR EACH OTHER DURING THE MEETING. 3. ADDRESS THE PROCESS BY WHICH A BOARD OR COMMITTEE MAY TAKE ACTION WITHOUT A MEETING. FORM 990, PART VI, SECTION A, LINE 2 CARLOS LOWELL AND VICTORIA LOWELL HAVE A FAMILY RELATIONSHIP. BAPTIST HEALTH SOUTH FLORIDA 6855 RED ROAD STE 600 CORAL GABLES FL 33143 650267668 SUPPORT FL 501(C)(3) 11C, TYPE 3 NA false BAPTIST HOSPITAL OF MIAMI 8900 N KENDALL DRIVE MIAMI FL 33176 590910342 HOSPITAL FL 501(C)(3) 3 NA false BHSF REAL ESTATE FOUNDATION 6855 RED ROAD CORAL GABLES FL 33143 650611015 SUPPORT FL 501(C)(3) 11A, TYPE 1 NA false HOMESTEAD HOSPITAL 975 BAPTIST WAY HOMESTEAD FL 33033 650232993 HOSPITAL FL 501(C)(3) 3 NA false SOUTH MIAMI HOSPITAL 6200 SW 73 ST SOUTH MIAMI FL 33143 590872594 HOSPITAL FL 501(C)(3) 3 NA false MARINERS HOSPITAL 91500 OVERSEAS HIGHWAY TAVERNIER FL 33070 591987355 HOSPITAL FL 501(C)(3) 3 NA false WEST KENDALL BAPTIST HOSPITAL 9555 SW 162 AVE MIAMI FL 33196 522438452 HOSPITAL FL 501(C)(3) 3 NA false BAPTIST OUTPATIENT SERVICES 6855 RED ROAD STE 600 CORAL GABLES FL 33143 562290370 MED. DIAG FL 501(C)(3) 3 NA false DOCTORS HOSPITAL 5000 UNIVERSITY DRIVE CORAL GABLES FL 33146 043775926 HOSPITAL FL 501(C)(3) 3 NA false BAPTIST HEALTH MEDICAL GROUP INC 6855 RED ROAD STE 600 CORAL GABLES FL 33143 462597739 HEALTHCARE FL 501(C)(3) 9 NA false SAMARITAN RISK RETENTION GROUP 7301 RIVERS AVENUE STE 230 NORTH CHARLESTON SC 29406 203433505 INSURANCE SC NA C 0 0 0.00000 false PINEAPPLE INSURANCE COMPANY 23 LIME TREE BAY AVE PO BOX 1051 GRAND CAYMAN CJ KY1-1102 980465790 INSURANCE CJ NA C 0 0 0.00000 false BAPTIST HEALTH ENTERPRISES 6855 RED ROAD STE 600 CORAL GABLES FL 33143 592572862 REAL ESTATE MGMT FL NA C 0 0 0.00000 false BMAB EAST TOWER 6855 RED ROAD STE 600 CORAL GABLES FL 33143 654047110 LEASE OFFICE FL NA C 0 0 0.00000 false BAPTIST MEDICAL SERVICES CORP 6855 RED ROAD STE 600 CORAL GABLES FL 33143 650506620 HOLDING COMPANY FL NA C 0 0 0.00000 false KENDALL CREDIT & BUSINESS SERVICES INC 6855 RED ROAD STE 600 CORAL GABLES FL 33143 650434778 COLLECTION AGENCY FL NA C 0 0 0.00000 false WEST KENDALL PROFESSIONAL SERVICES INC 6855 RED ROAD STE 600 CORAL GABLES FL 33143 650475570 COLLECTION AGENCY FL NA C 0 0 0.00000 false SOUTH MIAMI HEALTH ENTERPRISES INC 6855 RED ROAD STE 600 CORAL GABLES FL 33143 592623930 MEDICAL CENTER FL NA C 0 0 0.00000 false BAPTIST MEDICAL TRANSPORT SERVICES INC 6855 RED ROAD STE 600 CORAL GABLES FL 33143 650732544 TRANSPORT PATIENT FL NA C 0 0 0.00000 false EAST KENDALL INVESTMENTS INC 6855 RED ROAD STE 600 CORAL GABLES FL 33143 650593165 REAL ESTATE RNTL FL NA C 0 0 0.00000 false BAPTIST AMBULATORY SERVICES INC 6855 RED ROAD STE 600 CORAL GABLES FL 33143 421573814 HOLDING COMPANY FL NA C 0 0 0.00000 false BHE REALTY 6855 RED ROAD STE 600 CORAL GABLES FL 33143 900152617 R.ESTATE BROKER FL NA C 0 0 0.00000 false BAPTIST ANCILLARY SERVICES INC 6855 RED ROAD STE 600 CORAL GABLES FL 33143 550800138 HOLDING COMPANY FL NA C 0 0 0.00000 false false true false false false false false false false false false true false true false false false false false