2026-07-14T18:30:11+00:00 2025-08-31 440160260 Forvis Mazars LLP 2700 Post Oak Blvd Ste 1500 Houston TX 77056 990 2024-09-01 752660403 Hendrick Provider Network HEND 3256702000 PO BOX 3117 Abilene TX 79604 JEREMY WALKER CFO 2026-07-15 true Amanda Maya P01067777 7134994600 2026-07-15 2024 2025-03-06 01:10:19Z BRAD HOLLAND 1242 N 19TH ST ABILENE TX 79604 70836202 false X WWW.HENDRICKHEALTH.ORG X 1995 TX TO PROVIDE MEDICAL CARE TO THE COMMUNITIES OF ABILENE AND BROWNWOOD. MANY PATIENTS ARE ON MEDICAID. SERVICES ARE PROVIDED REGARDLESS OF ABILITY TO PAY. 10 0 1088 0 0 0 52301 0 72097325 69319681 -114365 14811 2607664 1501710 74642925 70836202 1579 9300 0 119627713 118590636 0 0 22549745 22811763 142179037 141411699 -67536112 -70575497 22291400 18425967 21553138 19697107 738262 -1271140 TO PROVIDE MEDICAL CARE TO THE COMMUNITIES OF ABILENE AND BROWNWOOD. MANY PATIENTS ARE ON MEDICAID. SERVICES ARE PROVIDED REGARDLESS OF ABILITY TO PAY. false false 124053450 9300 69319681 HENDRICK PROVIDER NETWORK PROVIDES A VARIETY OF HEALTH SERVICES ACROSS A WIDE RANGE OF SPECIALTIES FOR PATIENTS IN THE ABILENE AND BROWNWOOD AREAS, MANY OF WHOM ARE UNINSURED OR ARE ON MEDICAID. THESE SERVICES ARE PROVIDED BY PHYSICIANS EMPLOYED BY THE COMPANY. 124053450 true false false true false false false false false false true false false true true false false true false false false false false false false false false false false true false false false false false false false false false false false false false false true true true false true false true X 43 0 true 1088 true false false false false false false false false false false false false X 10 0 false false false false true true true true true false false false true true true true true false true false false false X JEREMY WALKER 3256702000 1900 PINE STREET ABILENE TX 79601 Jeffrey Edwards MD VICE CHAIRMAN 40.0 2.0 X X 528444 0 58389 Robert Dickey CHAIRMAN 40.0 0 X X 384742 0 53894 Brent Mahoney DIRECTOR 40.0 0 X 2071514 0 108476 Delena Martinez DIRECTOR 40.0 0 X 271368 0 27187 Gary Binkley Director 40.0 0 X 1078241 0 36854 Henry Fosah DIRECTOR 40.0 0 X 498872 0 39126 John Masterson DIRECTOR 40.0 0 X 655706 0 51983 Joseph Stafford DIRECTOR 40.0 0 X 811825 0 70412 Katherine Rinard MD DIRECTOR 40.0 2.0 X 652785 0 102819 Michael Barris DIRECTOR 40.0 0 X 352926 0 67684 Paul Watts DIRECTOR 40.0 0 X 819415 0 106404 Ren Zhang Director 40.0 0 X 1679165 0 90968 Sandip Mathur DIRECTOR 40.0 2.0 X 1075742 0 65069 Steven Smith DIRECTOR 40.0 0 X 1124005 0 72115 Timothy Hill DIRECTOR 40.0 0 X 908903 0 29641 Brad Holland PRESIDENT/CEO 2.0 50.0 X 0 1583697 228950 Jeremy Walker VICE PRESIDENT/CFO 2.0 50.0 X 0 730357 76605 Kirk Canada VICE PRESIDENT 2.0 44.0 X 0 443353 72692 Rob Wiley Vice President 2.0 42.0 X 0 729221 79093 Antao Du Physician 40.0 0 X 1868497 0 72274 Bonnie Hayashi Physician 40.0 0 X 1844659 0 66046 Kevin Bridge MD Physician 40.0 2.0 X 1691283 0 70220 Michael Blanc Physician 40.0 0 X 2194104 0 85040 Udaya Swarna Physician 40.0 0 X 1819120 0 70220 David Stephenson VICE PRESIDENT 40.0 14.0 X 278866 0 31504 22610182 3486628 1833665 186 true true false Healthcare Strategy Group LLC 9850 Von Allmen CT Louisville KY 40241 Consultants 548901 AlertMD Inc 3601 Walnut Street Denver CO 80205 Software 252575 Locumtenenscom PO Box 405547 Atlanta GA 303845547 Contract Labor 210909 Vaya Workforce Solutions LLC 5930 Cornerstone Ct W San Diego CA 92121 Contract Labor 196974 AMN Leadership Solultions PO Box 74007636 Chicago IL 606747636 Contract Labor 153065 6 0 0 0 0 0 0 0 0 NET PATIENT FEES 621500 69316730 69316730 0 0 RELATED NMTC RENTAL REVENUE 531120 2951 2951 0 0 0 0 0 0 69319681 0 0 0 14811 0 14811 14811 14811 MISCELLANEOUS REVENUE 900099 1501710 1501710 0 0 0 0 1501710 70836202 69319681 0 1516521 9300 9300 13894677 12871122 1023555 307876 299363 8513 90671703 84468359 6203344 1183764 1054005 129759 7870749 6394580 1476169 4661867 4110473 551394 140673 140673 731665 731665 20400 20400 7356475 1094639 6261836 0 141294 132913 8381 711924 527603 184321 487724 115121 372603 4183082 4183082 121145 103939 17206 583655 510300 73355 1079920 1079920 MEDICAL SUPPLIES 4442446 4217268 225178 EQUIPMENT RENTAL, MAINTENANCE, AND REPAIR 910218 903413 6805 BAD DEBT 648643 648643 MINOR EQUIPMENT 507950 469213 38737 744549 719521 25028 0 141411699 124053450 17358249 0 1474973 1231095 593701 110849 0 0 10166849 10397985 0 0 0 0 0 0 226135 232180 993643 907530 13740629 11559703 2355983 2180926 0 0 0 0 125220 125220 6354896 3240182 22291400 18425967 15459046 16536902 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6094092 3160205 21553138 19697107 X 738262 -1271140 0 0 0 0 0 0 0 0 738262 -1271140 22291400 18425967 X -70575497 68566095 X false true true false X 0 3342951 427009 52301 0 3822261 64238762 76312607 89636078 72097325 69319681 371604453 0 0 0 64238762 79655558 90063087 72149626 69319681 375426714 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 375426714 1688 1393 464 0 0 3545 0 1688 1393 464 0 0 3545 0 1602425 1313363 1851725 2607664 1501710 8876887 65842875 80970314 91915276 74757290 70821391 384307146 0.97689 0.97267 0 0 X Schedule A, Part III, Line 12 Other Income DESCRIPTION - MISCELLANEOUS INCOME, COLUMN A - 1602425.0, COLUMN B - 1313363.0, COLUMN C - 1851725.0, COLUMN D - 2607664.0, COLUMN E - 1501710.0, COLUMN F - 8876887.0; false false false false false false false false true 8250 8250 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY AMOUNT REPORTED IN PART II-B, QUESTION 1I REPRESENTS PORTION OF DUES PAID TO TRADE ASSOCIATIONS THAT IS ATTRIBUTABLE TO LOBBYING ACTIVITIES. 20827 15146 5681 13506607 11522557 1984050 213195 22000 191195 2180926 Right of Use Operating Leases 3240182 3240182 Federal Income Taxes Operating Lease Liabilities 3160205 3160205 70178343 -657859 -657859 70836202 0 0 70836202 140753840 -657859 -657859 141411699 0 0 141411699 Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 BAD DEBT EXPENSE IN AUDIT REVENUE - -648559 CLASSIFICATION DIFFERENCES - -9300 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 BAD DEBT EXPENSE IN AUDIT REVENUE - -648559 CLASSIFICATION DIFFERENCES - -9300 X X X X X false true false false false false false false false Robert Dickey CHAIRMAN 379742 0 5000 0 0 0 31092 0 22802 0 438636 0 0 0 Jeffrey Edwards MD VICE CHAIRMAN 291124 0 237320 0 0 0 23324 0 35065 0 586833 0 0 0 Michael Barris DIRECTOR 352926 0 0 0 0 0 36700 0 30984 0 420610 0 0 0 Gary Binkley Director 757358 0 320883 0 0 0 22830 0 14024 0 1115095 0 0 0 Henry Fosah DIRECTOR 322851 0 176021 0 0 0 0 0 39126 0 537998 0 0 0 Timothy Hill DIRECTOR 493825 0 415078 0 0 0 25506 0 4135 0 938544 0 0 0 Brent Mahoney DIRECTOR 737072 0 1334442 0 0 0 66150 0 42326 0 2179990 0 0 0 Delena Martinez DIRECTOR 80595 0 190773 0 0 0 2647 0 24540 0 298555 0 0 0 John Masterson DIRECTOR 513883 0 141823 0 0 0 20699 0 31284 0 707689 0 0 0 Sandip Mathur DIRECTOR 851153 0 224589 0 0 0 39049 0 26020 0 1140811 0 0 0 Katherine Rinard MD DIRECTOR 573345 0 79440 0 0 0 59481 0 43338 0 755604 0 0 0 Steven Smith DIRECTOR 1124005 0 0 0 0 0 30441 0 41674 0 1196120 0 0 0 Joseph Stafford DIRECTOR 541283 0 270542 0 0 0 27525 0 42887 0 882237 0 0 0 Paul Watts DIRECTOR 671672 0 147743 0 0 0 60928 0 45476 0 925819 0 0 0 Ren Zhang Director 937634 0 741531 0 0 0 86336 0 4632 0 1770133 0 0 0 David Stephenson VICE PRESIDENT 278866 0 0 0 0 0 5968 0 25536 0 310370 0 0 0 Kirk Canada VICE PRESIDENT 0 293795 0 121195 0 28363 0 29738 0 42954 0 516045 0 28363 Jeremy Walker VICE PRESIDENT/CFO 0 478046 0 195673 0 56638 0 48016 0 28589 0 806962 0 56638 Rob Wiley Vice President 0 488195 0 183034 0 57992 0 48491 0 30602 0 808314 0 57992 Brad Holland PRESIDENT/CEO 0 947737 0 422464 0 213496 0 186603 0 42347 0 1812647 0 213496 Michael Blanc Physician 1173908 0 1020196 0 0 0 45258 0 39782 0 2279144 0 0 0 Kevin Bridge MD Physician 1520585 0 170698 0 0 0 30202 0 40018 0 1761503 0 0 0 Antao Du Physician 715508 0 1152989 0 0 0 28936 0 43338 0 1940771 0 0 0 Bonnie Hayashi Physician 307814 0 1536845 0 0 0 22708 0 43338 0 1910705 0 0 0 Udaya Swarna Physician 942163 0 876957 0 0 0 30202 0 40018 0 1889340 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 -------------------------------------------------------------------------------------- JEREMY WALKER | $56,638 | $48,016 | HMC BRAD HOLLAND | $213,496 | $186,603 | HMC DAVID STEPHENSON | 0 | $5,968 | HPN KIRK CANADA | $28,363 | $29,738 | HMC ROB WILEY | $57,992 | $48,491 | HMC Form 990, Part V, Line 15 THE ORGANIZATION HAS SEVERAL INDIVIDUALS WITH REPORTABLE COMPENSATION EXCEEDING $1,000,000. THESE REPORTED INDIVIDUALS ARE LICENSED MEDICAL PROFESSIONALS THAT ARE PAID FOR MEDICAL SERVICES WHICH ARE EXCLUDED FROM THE SECTION 4960 EXCISE TAX ON EXCESS EXECUTIVE COMPENSATION. Form 990, Part VI, Line 6 Classes of members or stockholders HENDRICK MEDICAL CENTER IS THE SOLE MEMBER OF HENDRICK PROVIDER NETWORK. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE MEMBER, HENDRICK MEDICAL CENTER, SHALL ELECT THE SUCCESSORS OF THE INITIAL DIRECTORS. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders ARTICLE VII OF THE RESTATED ARTICLES OF INCORPORATION PROVIDES, IN PART, THAT AN AMENDMENT TO ARTICLE II RELATING TO THE PURPOSE OF THE CORPORATION AND ARTICLE VI RELATING TO THE NUMBER AND METHOD OF THE ELECTION OR APPOINTMENT OF THE BOARD OF TRUSTEES SHALL OCCUR ONLY WITH THE CONSENT OF THE BAPTIST GENERAL CONVENTION OF TEXAS OR ITS EXECUTIVE BOARD. 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 PRIOR TO FILING. Form 990, Part VI, Line 12c Conflict of interest policy THE ORGANIZATION CONDUCTS, AT A MINIMUM, ANNUAL REVIEWS OF THE POSSIBLE CONFLICTS OF INTEREST AND OTHER FINANCIAL RELATIONSHIPS IDENTIFIED UNDER THIS 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. 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 XI, Line 9 Other changes in net assets or fund balances TRANSFERS FROM AFFILIATES - 68566095; Total - 68566095; HPN RO BILLING SERVICES LLC 1900 PINE ST ABILENE TX 79601 813892121 RADIOLOGY SVC TX 12522 0 HENDRICK PROVIDER NETWORK HPN PHYSICIAN BILLING LLC 1900 PINE ST ABILENE TX 79601 815458335 BILLING SRVCS TX -9337393 0 HENDRICK PROVIDER NETWORK HENDRICK CLINIC BILLING PLLC 1900 PINE ST ABILENE TX 79601 862815377 BILLING SRVCS TX -5570124 0 HENDRICK PROVIDER NETWORK HENDRICK MEDICAL CENTER PO BOX 3117 ABILENE TX 79604 750827446 HOSPITAL TX 501(c)(3) 3 NOT APPLICABLE false HENDRICK ANESTHESIA NETWORK PO BOX 3117 ABILENE TX 79604 752728889 ANESTHESIA TX 501(c)(3) 10 HENDRICK MEDICAL CENTER true HENDRICK HOSPICE CARE PO BOX 3117 ABILENE TX 79604 751835287 HOSPICE CARE TX 501(c)(3) 10 HENDRICK MEDICAL CENTER true HMC HOSPICE PROPERTIES PO BOX 3117 ABILENE TX 76904 814244839 PROPERTY MGMT TX 501(c)(3) Type I HENDRICK MEDICAL CENTER true HENDRICK MEDICAL CENTER FOUNDATION PO BOX 3117 ABILENE TX 79604 237413284 FUNDRAISING TX 501(c)(3) 7 HENDRICK MEDICAL CENTER true HENDRICK MEDICAL CENTER BROWNWOOD 1900 PINE ST ABILENE TX 79601 851941193 HEALTHCARE TX 501(c)(3) 3 HENDRICK MEDICAL CENTER true HENDRICK HEALTH NETWORK PO BOX 3117 ABILENE TX 79604 721619011 HEALTH INSURANCE TX HENDRICK MEDICAL CENTER C Corporation 0 0 0 true HENDRICK SOUTHWESTERN HEALTH DEV CORP PO BOX 971 ABILENE TX 79604 751598794 RETAIL SALES TX HENDRICK MEDICAL CENTER C Corporation 0 0 0 true false false true false false false false false false false true false false false false false false false false Hendrick Medical Center Brownwood K 605978 FMV