Consolidated Financial Statements
The Hospital Authority of Valdosta and Lowndes County, Georgia, (“Authority”) currently owns and operates (1) the SGMC Health Main, a 330 licensed-bed acute care general hospital facility located in the City of Valdosta, Lowndes County, Georgia, including the SGMC Health Smith Northview, a healthcare facility located in the City of Valdosta, Lowndes County, Georgia; (2) the SGMC Health – Berrien Hospital (known as SGMC Health – Berrien Campus), a 51 licensed-bed general hospital facility and a 12 licensed geri-psychiatric bed unit located in the City of Nashville, Berrien County, Georgia; and (3) the SGMC Health – Lanier Hospital (known as SGMC Health – Lanier), a 25 licensed-bed critical access hospital facility providing acute and sub-acute care and a 62-bed skilled nursing facility, both located in the City of Lakeland, Lanier County, Georgia and other services and facilities.
The Consolidated Financial Statements encompass all Authority hospitals. SGMC Health, located in Valdosta, Georgia, is an acute care hospital that provides inpatient, outpatient, and emergency care services. Smith Northview Campus, also located in Valdosta, Georgia, operates under the same tax identification and provider numbers as SGMC Health and is considered to be an extension of SGMC Health.
Berrien provides inpatient, outpatient, and emergency care services for residents of Berrien County, Georgia.
Lanier provides inpatient, outpatient, emergency, and skilled nursing care for residents of Lanier County, Georgia.
Fiscal Year 2023 (2022) (2021) (2020) (2019) (2018)
IRS Form 990
The Hospital Authority of Valdosta and Lowndes County, Georgia d/b/a South Georgia Medical Center and its related license hospitals, Berrien Hospital and Lanier Hospital (collectively “SGMC”) do not file 990 forms with the Internal Revenue Services because of its corporate politic entity form. In good faith and using best efforts to disclose the applicable information, SGMC hereby provides links to the Balance Sheets for each hospital.
- FY2023 Balance Sheets (FY2022 Balance Sheets) (FY2021 Balance Sheets, page 66) (FY2020 Balance Sheets, page 61) (FY2019 Balance Sheets, page 63).
- Archived 2017 reports: SGMC, Berrien, Lanier
Annual Hospital Questionnaire
- SGMC – 2023 (2022) (2021) (2020) (2019) (2018)
- Berrien – 2023 (2022) (2021) (2020) (2019) (2018)
- Lanier – 2023 (2022) (2021) (2020) (2019) (2018)
Community Benefit Report
Fiscal Year 2023 (2022) (2021) (2020) (2019) (2018)
Disproportionate Share Hospital Survey
- SGMC DSH Year 2022 (2021) (2020) (2019) (2018) (2017)
- Berrien DSH Year 2022 (2021) (2020) (2019) (2018) (2017)
- Lanier DSH Year 2022 (2021) (2020) (2019) (2018) (2017)
Real Property Holdings
The Real Property listing represents the Real Property owned by the Hospital Authority of Valdosta and Lowndes County, Georgia on behalf of all three of the licensed Hospitals. The respective Real Property that is related to Berrien Hospital is identified as located in Berrien County. The Real Property related to Lanier Hospital is identified as located in Lanier County. The respective Real Property that is related to South Georgia Medical Center is identified as located in Lowndes County.
Real Property as of 5/13/24 (as of 5/3/23) (as of 5/31/22) (as of 9/30/20) (as of 9/30/19) (as of 9/30/18)
Joint Ventures and Ownership
Joint Ventures and Ownership as of 9/30/23 (as of 9/30/22) (as of 9/30/2021) (as of 9/30/2020) (as of 9/30/19) (as of 9/30/18)
Hospital Indebtedness
The Financial Statements identified in the information on this website identify the Bond indebtedness issued in prior years from 2007 through 2011 that was refunded and refinanced through the 2019A and 2019B series Bond issuance dated August 28, 2019 in the total amount of $139,475,000.
Long Term Debt – FY2023 (FY2022) (FY 2021-page 38) (FY 2020-page 33) (FY 2019-page 34), (FY 2018-page 36)
Net Assets
Net Assets- FY2023 (FY2022) (FY2021-page 10) (FY 2020-page10) (FY 2019-page 10), (FY 2018-page 10)
Chart of Corporate Structure
The Hospital Authority of Valdosta and Lowndes County, Georgia (“Hospital Authority”) is a corporate politic organized under the laws of the State of Georgia and as a corporate politic operates three separately licensed hospital facilities. However, the facilities are not separate corporate entities and are divisions with the Hospital Authority.
Chart of Corporate Structure as of 9/30/2023 (as of 9/30/2022) (as of 9/30/2021) (as of 9/30/2020) (as of 9/30/19)
Going Concern Note
Going Concern Note 2023 (2022) (2021) (2020) (2019, 2018)
Compensation/Benefits Report
- SGMC as of 12/31/2023 (as of 12/31/2022) (as of 12/31/2021) (as of 12/31/20) (as of 12/31/19) (as of 12/31/18)
- Berrien as of 12/31/2023 (as of 12/31/2022) (as of 12/31/2021) (as of 12/31/20) (as of 12/31/19) (as of 12/31/18)
- Lanier as of 12/31/2023 (as of 12/31/2022) (as of 12/31/2021) (as of 12/31/20) (as of 12/31/19) (as of 12/31/18)
Hospital Accreditation
- DNV Main 2022
- DNV Lanier 2022
- DNV Berrien 2022
- DNV Stroke 2022
- Cardiac Rehab Center 2024 (2021-2023) (2020)
- American College of Surgeons – Commission on Cancer (2019)
- American College of Radiology – Pearlman Cancer Center 2022 (2021)
- American College of Radiology – Breast Ultrasound Imaging Services 2024 (2020-2023) (2020-2023)
- Sleep Lab (2021-2024)