OHIO STATE UNIVERSITY PHYSICIANS INC

EIN: 311447726 501(c)(3) Education

COLUMBUS, OH

Total Revenue
$1,033,363,427
Total Expenses
$1,055,852,429
Total Assets
$601,695,041
Net Assets
$202,357,337
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
OH
Principal Officer
L ARICK FORREST MD
Phone
6147847800
Tax Period
2022-07-01 to 2023-06-30

OHIO STATE UNIVERSITY PHYSICIANS INC, founded in 2002, is a large national nonprofit in the Education sector that reported $1.0B in total revenue in fiscal year 2022. Revenue surged 42% from the prior year, signaling strong growth momentum.

Mission

OHIO STATE UNIVERSITY PHYSICIANS ALONG WITH THE OHIO STATE UNIVERSITY COLLEGE OF MEDICINE RENDER CLINICAL SERVICES IN CONNECTION WITH THEIR TEACHING DUTIES AND PROVIDE MEDICAL CARE TO ALL THOSE WHO SEEK SUCH SERVICES. THE PHYSICIANS SUPPORT ACADEMIC ENRICHMENT TO THE EDUCATIONAL AND RESEARCH PROGRAMS OF THE OHIO STATE UNIVERSITY COLLEGE OF MEDICINE AS WELL AS CHARITY CARE TO SUPPORT THE CLINICAL MISSION OF OSU INCLUDING PROVIDING CARE TO INDIVIDUALS THAT MAY NOT BE ABLE TO AFFORD CARE. ADDITIONALLY THEY SUPPORT PATIENTS THAT ARE A PART OF THE MEDICARE / MEDICAID PROGRAMS BY ACCEPTING PAYMENTS FOR SERVICES THAT ARE LESS THAN COST.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $19,874,896
Program Service Revenue $1,006,325,284
Investment Income $6,038,377
Other Revenue $1,124,870
TOTAL REVENUE $1,033,363,427

Expense Breakdown

Grants Paid $14,587,231
Salaries & Benefits $781,338,819
Fundraising Expenses $0
Program Expenses $932,613,388
Other Expenses $259,926,379
TOTAL EXPENSES $1,055,852,429

Year-over-Year Comparison

2022 2021 Change
Revenue $1,033,363,427 $729,585,623 +0.4%
Expenses $1,055,852,429 $714,885,852 +0.5%
Net Income $-22,489,002 $14,699,771 -2.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
31
Independent Members
N/A
Employees
2083
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$4,349,910
Total Directors
31
$27,074,984
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FORREST L ARICK PRESIDENT 1.00
Officer Director
$0 $104,846 $1,062,509
LEE CHERYL VICE PRESIDENT 1.00
Officer Director
$0 $214,247 $1,108,106
PAWLIK TIMOTHY SECRETARY/TREASURER 1.00
Officer Director
$0 $113,602 $1,349,532
ADKINS ERIC BOARD MEMBER 1.00
Director
$0 $101,679 $557,829
ANDERSON JAY COO, HEALTH SYSTEM 1.00
Director
$0 $170,730 $1,637,514
BECHTEL MARK BOARD MEMBER 1.00
Director
$0 $78,271 $648,326
BRADFORD CAROL BOARD MEMBER 1.00
Director
$0 $150,048 $1,371,002
CATERINO JEFF BOARD MEMBER 1.00
Director
$0 $123,921 $729,355
CHAKRAVARTI ARNAB BOARD MEMBER 1.00
Director
$0 $117,895 $1,124,508
CLARK AARON BOARD MEMBER 1.00
Director
$0 $56,129 $319,514
COHN DAVID INTERIM CEO, THE JAMES 1.00
Director
$0 $210,403 $1,259,045
EXLINE MATTHEW BOARD MEMBER 1.00
Director
$0 $70,981 $476,433
FRANKEL WENDY BOARD MEMBER 1.00
Director
$0 $127,156 $734,922
FREIMER MIRIAM BOARD MEMBER 1.00
Director
$0 $97,958 $427,750
GLASSMAN ANDREW BOARD MEMBER 1.00
Director
$0 $115,554 $1,090,032
LANDON MARK BOARD MEMBER 1.00
Director
$0 $106,581 $855,072
LONSER RUSSELL BOARD MEMBER 1.00
Director
$0 $143,916 $1,525,286
LUKE WHITNEY BOARD MEMBER 1.00
Director
$0 $79,218 $740,556
MALLAMPALLI RAMA BOARD MEMBER 1.00
Director
$0 $132,566 $881,674
MOORE AMY BOARD MEMBER 1.00
Director
$0 $119,629 $1,042,566
MOROI SAYOKO BOARD MEMBER 1.00
Director
$0 $89,431 $777,301
NEEDLEMAN BRADLEY BOARD MEMBER 1.00
Director
$0 $100,107 $653,321
PANDHARIPANDE PARI BOARD MEMBER 1.00
Director
$0 $146,309 $938,249
PAPADAKIS MICHAEL BOARD MEMBER 1.00
Director
$0 $124,911 $961,271
PHAN KINH LUAN BOARD MEMBER 1.00
Director
$0 $89,487 $590,204
PROSEK JASON BOARD MEMBER 1.00
Director
$0 $48,895 $344,351
ROCCO JAMES BOARD MEMBER 1.00
Director
$0 $146,041 $1,083,797
SEGAL BENJAMIN BOARD MEMBER 1.00
Director
$0 $109,308 $725,452
TAMMARO VINCENT CFO, MEDICAL CENTER 1.00
Director
$0 $75,955 $657,693
THOMAS ANDREW BOARD MEMBER / CMO 1.00
Director
$0 $131,834 $1,287,090
URMAN RICHARD BOARD MEMBER 1.00
Director
$0 $15,203 $114,724
SHARP KYLE EXECUTIVE DIRECTOR 40.00
Officer
$0 $78,825 $560,488
CHUDZIK DEBORAH SENIOR DIRECTOR OF FINANCE 40.00
Officer
$0 $48,235 $269,275
ELDER JAMES BRADLEY PHYSICIAN 40.00
Highest
$0 $135,131 $1,376,760
TANDON AMIT PHYSICIAN 40.00
Highest
$0 $97,575 $1,084,603
WHISTON BRYAN PHYSICIAN 40.00
Highest
$0 $133,304 $1,217,953
OHR MATT PHYSICIAN 40.00
Highest
$0 $118,543 $996,219
PREVEDELLO DANIEL PHYSICIAN 40.00
Highest
$0 $137,827 $1,169,533
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $1,033,363,427 $1,055,852,429 $601,695,041 $-22,489,002
2022 $729,585,623 $714,885,852 $461,447,285 $14,699,771
2021 $658,757,691 $649,091,266 $394,073,448 $9,666,425
2020 $606,816,333 $598,623,324 $280,155,333 $8,193,009
2019 $573,312,011 $545,385,822 $245,703,137 $27,926,189
2018 $540,079,281 $523,203,816 $221,032,960 $16,875,465
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