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Nonprofit · EIN 20-5497203

BAPTIST HEALTH MEDICAL GROUP INC

Tax-exempt · LOUISVILLE, KY 40299

Financials

$800.6M$962.6M2022$850.8M$1B2023$917.7M$1.1B2024
Revenue Expenses · by fiscal year end
Financials of BAPTIST HEALTH MEDICAL GROUP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$917,749,201$1,088,227,265-$170,478,064$208,406,314$367,359,834-$158,953,520
August 31, 2024990$850,844,258$1,024,688,943-$173,844,685$207,219,630$250,211,172-$42,991,542
August 31, 2023990$800,561,133$962,632,415-$162,071,282$243,671,773$175,151,123$68,520,650
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$234,140,019
Program service revenue
$662,327,474
Investment income
-$45,873
Net gain from sales of assets
-$147,225
Other revenue
$21,327,581

Expenses

Grants and similar amounts paid
$14,225
Other salaries and wages
$776,631,563
Salaries, compensation and benefits (total)
$909,886,243
Professional fundraising fees
$0
Legal fees
$121,574
Occupancy
$43,182,784
Travel
$3,002,825
Depreciation
$14,021,475
Program services (functional)
$1,004,438,011
Management and general (functional)
$83,789,254

Balance sheet and other

Total assets, start of year
$207,219,630
Total assets, end of year
$208,406,314
Total liabilities, end of year
$367,359,834
Net assets, end of year
-$158,953,520
Land, buildings and equipment
$54,311,209
Net assets without donor restrictions
-$158,953,520
Gross receipts
$917,896,426
Employees
7,056
Volunteers
10
Year formed
2006
State of legal domicile
KY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended August 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Jeffrey Been MDPhysician
Highest-paid employee
40$1,760,699$0$47,021
Vikas Singh MDPhysician
Highest-paid employee
40$1,664,074$0$25,195
Richard F CarricoVP & Treasurer
Officer
1$0$1,615,014$51,104
John Blankenship MDPhysician
Highest-paid employee
40$1,555,754$0$47,816
John Serak MDPhysician
Highest-paid employee
40$1,546,475$0$47,523
Bapineedu Gondi MDPhysician
Highest-paid employee
40$1,508,578$0$35,640
Isaac J Myers MDPresident
Officer
20$0$1,320,485$41,940
Janet M NortonVice President & Secretary
Officer
1$0$1,211,941$40,610
Douglas ReedVice President
Officer
40$0$451,066$51,905
Frank R Purdy IIIChair & Director
Trustee or director, Officer
1$0$0$0
Joanne BerrymanDirector
Trustee or director
1$0$0$0
Patrick Daniel O'Haire MDDirector
Trustee or director
1$0$0$0
Rob Schreiner MDDirector (Through 12/31/24)
Trustee or director
1$0$0$0
Staci Dawn Farner Rogers MDDirector
Trustee or director
1$0$0$0
Victoria D BusterDirector
Trustee or director
1$0$0$0
990 for the year ended August 31, 2024: 17 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Jeffrey Been MDPhysician
Highest-paid employee
40$1,602,939$0$44,600
Bapineedu Gondi MDPhysician
Highest-paid employee
40$1,580,377$0$33,926
Sandeep Sharma MDPhysician
Highest-paid employee
40$1,520,543$0$45,598
John Blankenship MDPhysician
Highest-paid employee
40$1,519,424$0$45,371
Vikas Singh MDPhysician
Highest-paid employee
40$1,461,261$0$24,073
Isaac J Myers MDPresident
Officer
20$0$1,166,884$39,786
Janet M NortonVice President & Secretary
Officer
1$0$1,070,881$38,654
Richard F CarricoVP & Treasurer
Officer
1$0$883,091$30,778
Thomas ReynoldsVice President (Through 7/28/23)
Former
0$0$378,837$32,305
Douglas ReedVice President
Officer
40$0$330,253$48,040
Stephen R OglesbyVP & Treasurer (Through 1/6/23)
Former
0$0$336,248$7,196
Victoria D BusterDirector
Trustee or director
1$0$3,000$0
Frank R Purdy IIIChair & Director
Trustee or director, Officer
1$0$0$0
Rob Schreiner MDDirector
Trustee or director
1$0$0$0
Staci Dawn Farner Rogers MDDirector
Trustee or director
1$0$0$0
Patrick Daniel O'Haire MDDirector (Effective 8/29/23)
Trustee or director
1$0$0$0
Joanne BerrymanDirector (Effective 1/1/24)
Trustee or director
1$0$0$0
990 for the year ended August 31, 2023: 18 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Isaac J Myers MDPresident
Officer
20$0$1,753,719$145,878
Bapineedu Gondi MDPhysician
Highest-paid employee
40$1,649,418$0$31,680
Stephen R OglesbyVP & Treasurer (Through 1/6/23)
Officer
1$0$1,445,051$42,974
Steven Kiefer MDPhysician
Highest-paid employee
40$1,385,858$0$33,032
John Oldham MDPhysician
Highest-paid employee
40$1,370,409$0$42,441
John Blankenship MDPhysician
Highest-paid employee
40$1,342,920$0$42,734
Srini Manchikalapudi MDPhysician
Highest-paid employee
40$1,334,190$0$38,403
Janet M NortonVice President & Secretary
Officer
1$0$1,039,221$43,714
Thomas ReynoldsVice President (Through 7/28/23)
Officer
40$0$433,597$43,834
Robert L Hook JrChair & Director (Through 12/31/22)
Trustee or director, Officer
1$0$3,000$0
Victoria D BusterDirector (Effective 1/1/23)
Trustee or director
1$0$3,000$0
Claude A ForeitDirector
Trustee or director
1$0$0$0
Frank R Purdy IIIChair (Effective 4/12/23) & Director
Trustee or director, Officer
1$0$0$0
Janet BerryDirector (Through 12/31/22)
Trustee or director
1$0$0$0
Linda HopgoodDirector (Through 12/31/22)
Trustee or director
1$0$0$0
Rob Schreiner MDDirector
Trustee or director
1$0$0$0
Staci Dawn Farner Rogers MDDirector
Trustee or director
1$0$0$0
Richard F CarricoVP & Treasurer (Effective 4/12/23)
Officer
1$0$0$0

Address and contacts

Address (IRS master file)
1901 CAMPUS PL, LOUISVILLE, KY 40299-2308
In care of
% CARL G HERDE
Principal officer (990 for 2024)
Isaac J Myers MD, 1901 Campus Place, Louisville, KY 40299
Signed the 990
Richard F Carrico, VP and Treasurer
Phone
(502) 896-5000
Return prepared by
Ernst & Young US LLP

Mission

See Schedule O.

990 for the year ended August 31, 2025

Program accomplishments

  • Baptist Health Medical Group, Inc. ("BHMG") provides physician services and healthcare facilities, including primary care centers, rural healthcare centers, and urgent care centers to support the mission of Baptist Healthcare System, Inc. ("BHS") and its hospitals. BHMG is a comprehensive network of primary and specialty physician practices in Kentucky and Indiana that includes over 800 physicians and more than 850 advanced practice clinicians. Providers represent more than 80 specialties, including primary care and family medicine, internal medicine, osteopathic medicine, emergency medicine, general surgery and a wide range of surgical specialties offering advanced treatments and care. During fiscal year 2025, BHMG had over 4.9 million patient visits at more than 450 locations. BHMG also operates urgent care centers, rural health clinics and occupational medicine facilities. The primary care and specialty care physician services support the hospitals operated by Baptist Healthcare System, Inc. by staffing emergency departments and providing hospitalist, intensivist, laborist, and surgical care services for patients. BHMG's primary and specialty care physicians, urgent care centers, occupational medicine facilities and rural health centers offer convenient quality care services to patients and provide cost effective and compassionate patient care in communities served by BHS. BHMG physicians play key leadership roles in determining the direction and development of patient services, they spearhead innovation by leading clinical research and they help to bring advanced treatments and technology to our facilities. The Medical Group has been a driving force in helping Baptist Healthcare System rank among the top 25% nationally for patient safety, health outcomes and patient experience, while maintaining costs among the lowest third in the nation. In primary care quality outcomes, performance is in the top decile nationally, supported by strong screening and prevention efforts that help patients stay healthy. BHMG also ranks in the 85th percentile for patient experience, showing that quality care and compassion go hand in hand. Through teamwork, expertise and ongoing improvement, Baptist Health Medical Group continues to raise the standard for quality care and better health in our communities.In order to meet the health and wellness needs of communities we serve throughout Kentucky, Indiana and Illinois, Baptist Healthcare System, Inc. (BHS) provides grants to Baptist Health Medical Group, Inc. (BHMG). BHS is a nonprofit Section 501(c)(3) related entity and the sole member of BHMG. These grants allow BHMG to continue to provide support and care for Medicaid and charity care patients through primary care centers, rural health centers, urgent care centers and specialty health centers that meet a demonstrated community need. BHS makes these grants on the condition that BHMG use the grant funds only for the following activities:1. To provide care for patients participating in Medicaid and other government health programs, including but not limited to the Kentucky Children's Health Insurance (KCHIP) program.2. To provide care, for free or at discounted rates, to low-income patients who cannot afford the cost of care.3. To fund the operations of rural health clinics, primary care centers and urgent care centers that provide care for the patients described above.4. To engage in community activities and programs in response to demonstrated community needs to improve community health, including but not limited to health screenings; wellness care; vaccinations and community health education. Baptist Healthcare System, Inc. reports the grants related to the above activities on its respective IRS Form 990, Schedule H, Part I, Line 7.
    Expenses $1,004,438,011 · grants $14,225 · revenue $683,655,055

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
20-5497203
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Hospital or medical research organization
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2010
Accounting year ends
August
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E30)
Assets (IRS master file)
$208,406,314
Income (IRS master file)
$917,896,426

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$917,749,201$1,088,227,265$208,406,314XML
990August 2024$850,844,258$1,024,688,943$207,219,630XML
990-TAugust 2024–––IRS
990August 2023$800,561,133$962,632,415$243,671,773XML
990August 2022$585,254,894$875,913,404$163,915,115IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5497203).

Questions about BAPTIST HEALTH MEDICAL GROUP INC

What is the EIN of BAPTIST HEALTH MEDICAL GROUP INC?
The employer identification number (EIN) of BAPTIST HEALTH MEDICAL GROUP INC is 20-5497203.
Is BAPTIST HEALTH MEDICAL GROUP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to BAPTIST HEALTH MEDICAL GROUP INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BAPTIST HEALTH MEDICAL GROUP INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BAPTIST HEALTH MEDICAL GROUP INC due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BAPTIST HEALTH MEDICAL GROUP INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of BAPTIST HEALTH MEDICAL GROUP INC?
The 990 for the year ended August 31, 2025 names Isaac J Myers MD.
Who are the officers and directors of BAPTIST HEALTH MEDICAL GROUP INC?
The 990 for the year ended August 31, 2025 lists 15 people; 5 received compensation from the organization, the highest $1,760,699 (Jeffrey Been MD, Physician).
How much revenue does BAPTIST HEALTH MEDICAL GROUP INC have?
On its 990 for the year ended August 31, 2025 it reported revenue of $917,749,201, expenses of $1,088,227,265 and total assets of $208,406,314 at year end.

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