2012-07-02T13:15:29-05:00 2011-08-31 BKD LLP 190 E Capitol Street Ste 500 Jackson MS 392012190 990 2010-09-01 640306253 Mississippi Baptist Health Systems MISS 6019683080 1225 North State Street Jackson MS 39202 Russell York 2012-07-15 Penny Wood CPA 6019486700 2010 2016-02-24 21:20:13Z Russell W York 1225 North State Street Jackson MS 39202 72931669 false X www.mbhs.org X 1912 MS Mississippi Baptist Health Systems, Inc. (MBHS) is the holding company for several nonprofit entities to which it provides various management and support services. 14 13 230 0 0 -9828 771100 1236945 69069978 70469169 2600257 8355644 2743619 -7245641 75184954 72816117 119665 284174 0 0 16519508 15281046 114152 103344 103344 55565881 52423710 72319206 68092274 2865748 4723843 576059426 585801651 259849975 252936965 316209451 332864686 MISSISSIPPI BAPTIST HEALTH SYSTEMS, INC.'S (MBHS) FOUNDATION AND TRADITION IS ITS CHRISTIAN HEALING MINISTRY. THE MISSION IS TO SERVE THE COMMUNITY THROUGH CONTINUOUSLY IMPROVING QUALITY MEDICAL CARE AND EFFECTIVE USE OF EDUCATION AND TECHNOLOGY IN A PERSONAL AND COMPASSIONATE ENVIRONMENT. false false 42256438 284174 60868166 Mississippi Baptist Health Systems, Inc. (MBHS) is the holding company for several nonprofit entities to which it provides various management and support services. MBHS is the parent company of Mississippi Baptist Medical Center, a 638 bed tertiary medical center, the Mississippi Hospital for Restorative Care, a 25 bed long term acute care hospital, and the Medical Foundation of Central Mississippi, a network of primary care and specialty physicians. Through various partnership relationhships, MBHS also provides home health care, home medical equipment, and adult day care services. Through the decades, MBHS has continued to provide quality, compassionate, Christian-based medical care to the people of Mississippi. 461000 Mississippi Baptist Health Systems, Inc. (MBHS) operates Baptist Health Line, which offers physician referrals, hospital services referrals, scheduling of classes for hospital services, and the Health Information Library. Baptist Health Line professionals also offer Baptist's Risk Assessment Tools, including the Heart Test,the Health Test, the Woman's Health Check, the Diabetes Test and the Cancer Test. The cost of operating the Baptist Health Line was approximately $461,000 in fiscal year 2011. 42717438 true true false true false false false false true true true false true true false false true false false true false false true true false false true false true true false false false false false true false false false true false false false false false true true true false false true 316 0 230 true true true false false false false false false false false false X 14 13 false false false false false false false true true false false true true true true true true true true true true MS X RUSSELL YORK 6019681132 1225 NORTH STATE STREET Jackson MS 39202 X Rosemary G Aultman 1.0 X 0 0 0 J Kane Ditto 1.0 X 0 0 0 Arthur Skip Jernigan 1.0 X 0 0 0 William L Eubank Jr 1.0 X 30000 0 0 Roderick A Moore 1.0 X 0 0 0 Sherry S Greener 1.0 X 0 0 0 C Randy Voyles 1.0 X 0 0 0 EB Martin Jr 1.0 X 0 0 0 C Dan Modisett 1.0 X 0 0 0 Dudley D Wooley 1.0 X 0 0 0 Gordon H Sansing 1.0 X 12000 0 0 Ronald G Smith 1.0 X 0 0 0 Robert P Myers 1.0 X 0 0 0 Paul D Vanlandingham 1.0 X 0 0 0 Eric A McVey 8.0 X 459637 0 86431 Kurt W Metzner 20.0 X 695388 0 24357 Russell W York 12.0 X 379594 0 73438 William B Grete 8.0 X 311224 0 69171 Mark F Slyter 12.0 X 469303 0 85281 Bobbie K Ware 8.0 X 300267 0 52424 David A Jackson 40.0 X 328095 0 26688 Michael K Stevens 40.0 X 224798 0 53145 Kimberly Simmonds 40.0 X 254112 0 2379 Steve Stanic 40.0 X 270816 0 46133 Danny Rutland 40.0 X 175030 0 63740 C Gerald Cotton 0.0 X 428835 0 17382 4339099 0 600569 12 true true false McKesson Technologies Inc PO Box 98347 CHICAGO IL 606938347 I/S Consult/Maint 3778841 Mississippi Pathology Assc PLLC PO Box 4198 JACKSON MS 392964198 Physician Services 3143969 Medical Practice Solutions 1600 N State Street Suite 400 JACKSON MS 39202 Management Services 1956874 Jackson Anesthesia Associates PA 1151 N State Street Suite 311 JACKSON MS 39202 Physician Services 1786250 Godwin Group Inc PO Box 531 JACKSON MS 39205 Advertising Services 1610123 102 19036 1217909 1236945 INTERCOMPANY ALLOCATIONS 900099 48042000 48042000 INTERCO & RELATED RENTAL REVENUE 900099 18070493 18070493 OTHER OPERATING REVENUE 900099 1663064 1663064 NET ASSETS RELEASED FOR OPERATIONS 900099 211003 211003 PURCHASE DISCOUNTS 900099 54911 54911 2427698 68445 2359253 70469169 8085183 8085183 378876 378876 0 3245 111660 -108415 -108415 -108415 19036 3892 -3892 -3892 0 0 INCOME FROM SUBS & OTHER INT. 900099 -7241749 -7241749 -7241749 72816117 60868167 0 10711005 284174 284174 0 0 0 1865406 1865406 0 10417677 7009836 3407841 101085 90134 10951 2197555 784955 1412600 699323 533388 165935 1200 1200 1434835 1434835 221495 221495 184661 184661 103344 103344 211847 211847 3222741 1790818 1431923 2008282 2008282 2247163 796793 1450370 0 0 481716 464034 17682 189174 100282 88892 0 192944 121582 71362 9963939 9963939 0 22341605 22341605 1359108 1359108 REPAIRS AND MAINTENANCE 5343718 5319335 24383 TAXES AND LICENSES 108631 108631 TRUST EXPENSE 652406 652406 DUES AND SUBSCRIPTIONS 704602 52708 651894 RECRUITMENT 1057887 48469 1009418 495756 318637 177119 68092274 42717438 25271492 103344 5077780 11582534 1652698 2029958 150792 1092520 2130312 2934941 4203538 544227035 297496946 242932183 246730089 50061839 47981583 272307465 270992845 576059426 585801651 16920803 19070747 208232220 203665885 3182563 2861468 31514389 27338865 259849975 252936965 X 304201417 319555815 7973138 11006827 4034896 2302044 316209451 332864686 576059426 585801651 X 4723843 11931392 X false true true X false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 184661 false false 184661 false Part II-B, Line 1g: Lobbying expenses were incurred through the use of lobbying consultants who had direct contact with legislators to discuss various public policy issues and legislative matters. 4034896 1732852 2302044 4104896 0 70000 4034896 4139592 4062 38758 4104896 1.00000 true false 0 39524104 39524104 0 292639769 153924792 138714977 0 18306598 8209753 10096845 0 185353953 135362401 49991552 0 8402611 0 8402611 246730089 INVESTMENTS IN RELATED PARTIES 47981583 F 47981583 UNAMORTIZED BOND ISSUE COSTS 1164504 ASSETS LIMITED AS TO USE 267014660 DEFERRED COMP FUND 2813681 270992845 0 ASSET RETIREMENT OBLIGATION 1251234 INTEREST RATE SWAP VALUATION 15893950 DEFERRED COMP LIABILITY 2813681 PROFESSIONAL LIABILITY INS 7380000 27338865 Part V, Line 4: The organization's intended use of its endowment funds is for patient care needs. Part X, Line 2: Management has evaluated the company's income tax positions under the guidance included in ASC 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements. Central America and the Caribbean 0 0 Investments 8000000 0 0 0 0 8000000 8000000 true false true false false false Part I, Line 3: Mississippi Baptist Health Systems, Inc. purchased an interest in Pointer Offshore, Ltd., a hedge fund domiciled in the Cayman Islands. The book value of this investment as of 8/31/2011 was $8,000,000. Part IV, Line 1: Mississippi Baptist Health Systems, Inc. (MBHS) transferred $8,000,000 to a foreign corporation during fiscal year ended 8/31/2011. MBHS has filed Form 926 to report this transaction. Part IV, Line 3: The filing requirements of Form 5471 were not met by Mississippi Baptist Health Systems, Inc. (MBHS) during the fiscal year ended 8/31/2011 for its ownership in a foreign corporation. Therefore, Form 5471 was not filed by MBHS. X true Allegian Direct - Gurley Mail Solicit. false 52633 76063 -23430 Stelter Mail Solicit. false 9993 27281 -17288 62626 103344 -40718 MS Bike Ride 19036 19036 647 1500 1745 0 19036 19036 647 1500 1745 3892 -3892 true Hinds Community College PO Box 1100 Raymond MS 39154 646025312 501(c)(3) 44266 See Part IV American Heart Association PO Box 16808 Jackson MS 392366808 135613797 501(c)(3) 10000 See Part IV Jackson Heart Foundation PO Box 5021 Jackson MS 39296 270723542 501(c)(3) 21000 See Part IV Junior League of Jackson PO Box 16451 Jackson MS 39236 646011106 501(c)(3) 22790 See Part IV Viking Classic PO Box 2467 Madison MS 39130 640843787 501(c)(3) 15895 See Part IV Leonard E Warren Melanoma Foundation 86 Sunline Drive Brandon MS 39042 364541502 501(c)(3) 5949 See Part IV Susan G Komen Breast Cancer Foundation PO Box 16451 Jackson MS 39236 752875174 501(c)(3) 6811 See Part IV 7 0 Part I, Line 2: The organization makes cash donations to other charitable organizations to help further their exempt purposes. Part II, Line 1, Column (h): Hinds Community College - Involvement in the Healthcare Workforce Enhancement Project American Heart Association - Support the programs of the organization Jackson Heart Foundation - To support community programs to help fight heart disease Junior League of Jackson - To support the programs of the organization Viking Classic - To support the viking golf tournament which benefits the Blair E. Batson Hospital for Children Leonard E. Warren Melanoma Foundation - Contributed funds to help raise awareness of melanoma and help researchers find a cure for those diagnosed with melanoma Susan G. Komen Breast Cancer Foundation - To support the Susan G. Komen Race for a Cure X X X true true X X true true false false false false false false false C Gerald Cotton 223727 0 138833 0 66275 0 0 0 17382 0 446217 0 Eric A McVey 310927 0 148710 0 0 0 55517 0 30914 0 546068 0 Kurt W Metzner 503387 0 182918 0 9083 0 0 0 24357 0 719745 0 Russell W York 263240 0 99854 0 16500 0 49193 0 24245 0 453032 0 William B Grete 225595 0 85629 0 0 0 40683 0 28488 0 380395 0 David A Jackson 143592 0 84056 0 100447 0 0 0 26688 0 354783 0 Michael K Stevens 170497 0 54301 0 0 0 23809 0 29336 0 277943 0 Mark F Slyter 301469 0 120693 0 47141 0 60000 0 25281 0 554584 0 Bobbie K Ware 218780 0 81487 0 0 0 37275 0 15149 0 352691 0 Kimberly Simmonds 193551 0 0 0 60561 0 0 0 2379 0 256491 0 Steve Stanic 213948 0 56868 0 0 0 32251 0 13882 0 316949 0 Danny Rutland 135144 0 39886 0 0 0 23144 0 40596 0 238770 0 Part I, Line 1a: Travel expenses of $2,055 were incurred for Kurt Metzner's spouse. This amount was treated as taxable compensation, including the amount "grossed up" for related taxes. Housing allowance of $39,742 was provided to Mark Slyter. This amount was treated as taxable compensation. Part I, Line 4a: Gerald Cotton, former Chief Operating Officer, received $25,663 in severance payments during fiscal year 2011. Highest compensated employee, David Jackson, received $70,752 in severance payments during fiscal year 2011. Part I, Line 4b: Participants: Russell York $49,193 William Grete $40,683 Michael Stevens $23,809 Eric McVey $55,517 Mark Slyter $60,000 Bobbie Ware $37,275 Danny Rutland $23,144 Steve Stanic $32,251 Terms & Conditions: Baptist Health Systems, Inc. established the Baptist Health Systems, Inc. Supplemental Executive Retirement Plan, a nonqualified, unfunded deferred compensation plan effective July 1, 2010, for the benefit of certain management or highly-compensated employees of Baptist Health Systems, Inc. Participants are chosen by the Chairman's Council of the Board (the Council) of Baptist Health Systems, Inc. The purpose of the plan is to enhance the ability of Baptist Health Systems, Inc. to attract and retain qualified management personnel with a market-competitive supplemental retirement benefit for a select group of management or highly compensated employees on a tax-deferred basis. Baptist Health Systems, Inc. will contribute to each participant's plan an annual amount equal to a percentage of the participant's base salary commencing in 2010 and continuing each year thereafter until the year in which the participant separates from employment. An applicable percentage of either 17.5% or 15% of base salary will be contributed to each participant's plan (or such other percentage as the Council determines). The vested accrued balance or employer contribution (plus earnings or losses) will be paid for any event requiring such payment other than death, as soon as administratively feasible but no later than the last day of the calendar year in which the event occurs. If the event that results in the payment of the benefit is death, the balance will be paid as soon as the Board obtains satisfactory proof of death, but no later than the 15th day of the third month following the end of the calendar year in which the Participant dies. Certain participants who remain in continuous employment have a non-forfeitable right to receive the employer contribution made in a plan year as of the first day of the plan year that is five years from the first day of the Plan year in which such contribution was made. However, if such participant has attained a specified age, the participant shall have a non-forfeitable right to receive any future employer contributions along with earnings or losses that have not vested and an immediate non-forfeitable right to receive any future employer contributions as of the date such contributions are made. New participants other than those specifically identified in the Plan have a non-forfeitable right to receive their accrued balance based on a vesting schedule as described in the Plan document. Otherwise, a participant shall have a non-forfeitable right to receive his accrued balance upon his separation from service on account of death, disability, or upon involuntary separation from service without cause if such separation occurs prior to the completion of the five year period described above, prior to attaining the age specified above, or prior to the applicable vesting schedule described above. Part II: Several officers listed on Schedule J also provide services to other members of the health care system. All compensation is paid by Mississippi Baptist Health Systems, Inc. (MBHS) and reported by MBHS. See Schedule O for detailed information regarding amount of time spent performing services for the other member organizations. MS Hospital Equipment & Facilities Authority 640732320 xxxxxxxxx 2009-10-29 14400000 See Part V false false false MS Hospital Equipment & Facilities Authority 640732320 605360QG4 2007-03-01 205855503 See Part V false false false MS Hospital Equipment & Facilities Authority 640732320 xxxxxxxxx 2009-05-20 80000000 See Part V false false false 2600000 0 17351154 0 0 0 288887 0 0 16413705 0 9382798 2007 false false true true 14740000 0 129535861 7781080 0 52288656 1456193 2232976 0 0 0 0 2008 true false false true 0 0 80000000 0 0 80000000 0 0 0 0 0 0 2009 true false true true false false false false true 0.00000 0.00000 0.00000 true false false false false true 0.00000 0.00000 0.00000 true false false false false true 0.00000 0.00000 0.00000 true false true false false false false false false false false false true false true true UBS 30. false false false false false Schedule K, Part I: In May 2006, the System was approved by the State of Mississippi to obtain special tax exempt financing (Series 2006 Bond) related to a medical office building under construction in Madison County, Mississippi. The special funding (GoZone) was made available through the Federal government in response to Hurricane Katrina. The GoZone financing totaled $17,000,000. On September 24, 2009, the organization redeemed and paid $2,600,000 of the bonds. Accordingly, the amount of the total GoZone financing of $17,000,000 was classified as a current installment of long-term debt in the balance sheet at August 31, 2009. On October 29, 2009, the organization converted the remaining GoZone financing of $14,400,000 from a variable instrument backed by a letter of credit from a commercial bank to a variable debt instrument held by the commercial bank. A Form 8038 was issued upon the conversion and the information reported in Part I matches this form. In March 2007, the System issued $200,905,000 in MS Hospital Equipment & Facilities Authority Series 2007A (fixed rate) and 2007B (variable rate) revenue bonds (the Series 2007 Bonds). The proceeds of the Series 2007 Bonds were used to (1) extinguish the remaining MHEFA Series 1995 and 1990B revenue bonds, (2) establish a project fund to finance the costs of various System capital projects, primarily the West Tower expansion, (3) establish various debt service and reserve funds required by the related indenture, and (4) pay certain costs of issuance. In April 2008, the System consummated a transaction with a bank, whereby an $80,000,000 line of credit was made available for the extinguishment of the Series 2007 Bonds. The amount in Part I, column (e) for the Series 2007 Bonds does not agree with the Form 8038 filed for such bonds since the 2007B Bonds are no longer outstanding and therefore not reported on Schedule K. The Series 2009 Bond was issued to provide funds to payoff the outstanding principal amount of the line of credit mentioned above executed in April 2008. Mark F Slyter See Part V X 180951 150792 false true true 150792 Regions Bank See Part V 2583755 Interest & Fees false Healthcare Financial Services Inc See Part V 124561 Salary & Benefit Reimbursement false Mississippi Health Partners See Part V 261555 Reprocess Claims false Schedule L, Part II, Column (A): In consideration of moving to Jackson, MS and working at Baptist, Mississippi Baptist Health Systems, Inc. (MBHS) loaned Mark Slyter, Chief Operating Officer, $180,951 to cover the loss realized on the sale of his residence in Jacksonville, Florida. Schedule L, Part IV, Column (B): Board member, Ronald Smith, is President of Regions Bank. Officer, Russell York, is an officer of Healthcare Financial Services, Inc., a related entity. Officer, Russell York, is a board member of Mississippi Health Partners. Form 990, Page 1, Part I, Prior Year Comparison: Unrealized gain on investments was included in investment income on the 2009 Form 990. This amount has been reclassed to other changes in net assets on the 2010 Form 990. The prior year column on Page 1, Part I has been updated for this reclass for comparability purposes. Form 990, Page 6, Part VI, Section B, Line 11b: An electronic copy of the Form 990 is distributed through the Director's Desk, a web based document distribution service. All outside board members /directors have the opportunity to review the form prior to filing with the IRS. Form 990, Page 6, Part VI, Section B, Line 12c: The Compliance Committee of the governing body meets quarterly to review all compliance issues. Any persons with conflicts of interest are prohibited from participating in the Board's deliberations and decisions in the transaction in which the conflict exists. Form 990, Page 6, Part VI, Section B, Line 15 a&b: An independent compensation consulting firm, The Hay Group, conducts annual surveys to help establish the compensation of the organization's top management officials, officers and key employees. The Chairman's Council functions as the compensation committee of the Board. The Hay Group presents their findings and recommendations to the Council for their consideration and action. The Council approves the salaries and benefit package for all of senior management. The Hay Group maintains minutes of the Chairman's Council meetings where compensation and benefits are discussed and approvals made. Form 990, Page 6, Part VI, Section C, Line 19: The organization's governing documents, conflict of interest policy and financial statements are available to the public upon request. Form 990, Page 12, Part XI, Line 5: Change in value of interest rate swap $3,192,642 Unrealized gain on investments $8,738,750 Total other changes in net assets or fund balance = $11,931,392 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Eric A McVey TITLE:Chief Medical Officer HOURS:32 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Kurt W. Metzner TITLE:Chief Executive Officer HOURS:20 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Russell W. York TITLE:Chief Financial Officer HOURS:28 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:William B. Grete TITLE:VP - General Counsel HOURS:32 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Mark F. Slyter TITLE:Chief Operating Officer HOURS:28 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Bobbie K. Ware TITLE:Chief Nursing Officer HOURS:32 MS Hospital for Restorative Care Inc 1225 North State Street Jackson MS 39202 640833383 Hospital MS 501(c)(3) 3 NA Medical Foundation of Central MS 1225 North State Street Jackson MS 39202 753068151 Clinics MS 501(c)(3) 3 NA MS Baptist Medical Center Inc 1225 North State Street Jackson MS 39202 640881013 Hospital MS 501(c)(3) 3 NA Hlthcare Financial Services Inc Flowood MS 39232 640847789 Financial Svc MS MBME Investment -539775 55685 false 0 false 0.92000 MS Baptist Medical Enterprises Inc 1225 North State Street Jackson MS 39202 640776164 Investments MS NA C Corp 838257 2924553 1.00000 Medical Practice Solutions 1225 North State Street Jackson MS 39202 640833731 Med Consulting MS MBME C Corp 4285851 1272556 1.00000 MS Real Estate Enterprises Inc 1225 North State Street Jackson MS 39202 640746856 Investments MS MBME C Corp 0 502648 1.00000 true true true true false false false false true false true false false false false false false false Medical Practice Solutions a 137039 MS Hospital for Restorative Care Inc b 2469579 Medical Foundation of Central Mississippi b 12367077 Mississippi Baptist Medical Center Inc c 9309398 Healthcare Financial Services Inc d 575000 Mississippi Baptist Medical Center Inc i 19161647 MS Hospital for Restorative Care Inc i 157632 Medical Foundation of Central Mississippi i 454073 Mississippi Baptist Medical Center Inc k 47202000 MS Hospital for Restorative Care Inc k 840000 Medical Foundation of Central Mississippi k 655500 Healthcare Financial Services Inc k 124561 Mississippi Baptist Medical Enterprises Inc k 519000 Schedule R, Part V, Line 2, Column (d): Method of determining amounts for transactions described in lines 1b, 1c, and 1d: Amounts reported in Line 2, Column (c) for these transaction types are stated at cash value. Method of determining amounts for transactions described in lines 1a, 1i, and 1k: Amounts reported in line 2, column (c) for these transaction types are at fair market value and are comparable to transactions between two or more unrelated parties dealing at arm's length.