OhioHealth Corporation

EIN: 314394942 501(c)(3) Health Care

Columbus, OH

Total Revenue
$5,060,750,866
Total Expenses
$4,106,782,385
Total Assets
$10,190,566,226
Net Assets
$7,324,573,372
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1891
Legal Domicile
OH
Phone
6145444350
Tax Period
2023-07-01 to 2024-06-30

OhioHealth Corporation, founded in 1891, is a large national nonprofit in the Health Care sector that reported $5.1B in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $954.0M, a strong 19% operating margin.

Mission

Our mission is to improve the health of those we serve.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,147,691
Program Service Revenue $4,179,914,861
Investment Income $369,657,070
Other Revenue $508,031,244
TOTAL REVENUE $5,060,750,866

Expense Breakdown

Grants Paid $1,331,535
Salaries & Benefits $2,157,691,887
Fundraising Expenses $0
Program Expenses $3,285,361,069
Other Expenses $1,947,758,963
TOTAL EXPENSES $4,106,782,385

Year-over-Year Comparison

2023 2022 Change
Revenue $5,060,750,866 $4,522,459,605 +0.1%
Expenses $4,106,782,385 $3,824,186,620 +0.1%
Net Income $953,968,481 $698,272,985 +0.4%
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
20
Independent Members
15
Employees
27605
Volunteers
500

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
3
$14,913,710
Total Directors
22
$13,959,130
Key Employees
9
$12,406,205
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Markovich Stephen E MD CEO/President/Board - OhioHlth 40.0
Officer Director
$11,774,798 $81,577 $11,856,375
Coleman Michael Esq Board - OHIOHLTH 1.0
Director
$0 $0 $0
Cook Karen Rev Board - OhioHlth 1.0
Director
$0 $0 $0
Doyle-Ahern Sandy Board - OhioHlth (Start 7/1/2023) 1.0
Director
$0 $0 $0
Eichinger David Board - OHIOHLTH 1.0
Director
$0 $0 $0
Giffin Wade Rev Board - OhioHlth 1.0
Director
$0 $0 $0
Harrison David Board - OHIOHLTH 1.0
Director
$0 $0 $0
Herbei Andreea MD Board - OhioHlth (End 12/31/2023) 1.0
Director
$0 $32,614 $353,647
Hicks William J II MD Board - OHIOHLTH (End 12/31/2023) 20.0
Director
$148,918 $49,240 $588,901
Honda Nick MD Board - OhioHlth (Start 1/1/2024) 1.0
Director
$16,620 $0 $16,620
Hondros Linda Board Vice Chair - OhioHlth 1.0
Director
$0 $0 $0
Hutchison Jeffrey DO Board - OhioHlth 1.0
Director
$0 $0 $0
Ingram Lisa Board Chair - OhioHlth 1.0
Director
$0 $0 $0
James Donna Board Secretary - OhioHlth 1.0
Director
$0 $0 $0
Kile Carolyn S Board - OhioHlth (Start 7/1/2023) 1.0
Director
$0 $0 $0
Mahaffey Mike Board - OhioHlth (Start 7/1/2023) 1.0
Director
$0 $0 $0
Malik Arvind MD Board - OhioHlth (Start 1/1/2024) 1.0
Director
$0 $68,711 $599,171
Palmer Bishop Gregory Board - OhioHlth 1.0
Director
$0 $0 $0
Papp Jennifer DO Board - OhioHlth (Start 1/1/2024) 1.0
Director
$0 $69,577 $544,416
Rose Andy Board Treasurer - OhioHlth 1.0
Director
$0 $0 $0
Schwemer John Board - OhioHlth 1.0
Director
$0 $0 $0
Simmons Peggy Board - OhioHlth (Start 7/1/2023) 1.0
Director
$0 $0 $0
Browning Mike P Sr. VP and CFO 40.0
Officer
$1,837,516 $49,012 $1,886,528
McWhorter John Sr. VP and COO 40.0
Officer
$1,123,555 $47,252 $1,170,807
Beckel Johnni C Sr. VP and Chief Administrative Officer 40.0
Key Emp
$1,644,220 $45,205 $1,689,425
Caulin-Glaser Teresa L MD Sr. VP and CHIEF CLINICAL OFFICER 40.0
Key Emp
$1,889,168 $60,294 $1,949,462
Clark Christian Valda Sr VP Chief Ethics Compliance Officer 40.0
Key Emp
$682,128 $45,378 $727,506
Harris-Muller Carrie E Sr. VP and Chief Population Health Officer 40.0
Key Emp
$1,079,423 $42,408 $1,121,831
Krouse Michael T SR. VP and Chief Strategy Officer (End 3/28/2024) 40.0
Key Emp
$1,308,379 $285,245 $1,593,624
Latney Cynthia Sr. VP Chief Nursing Executive 40.0
Key Emp
$927,294 $106,227 $1,033,521
Meldrum Terri W Esq Sr. VP General Counsel 40.0
Key Emp
$1,501,531 $197,974 $1,699,505
Morrison Karen J Sr. VP Ext Affairs/President OhioHealth Foundation 20.0
Key Emp
$998,673 $192,978 $1,191,651
Weeast James Sr. VP Chief Information Officer 40.0
Key Emp
$1,253,306 $146,374 $1,399,680
Cercek J Robert President RMH 40.0
Highest
$990,357 $46,652 $1,037,009
George Peter MD VP Acute Care 40.0
Highest
$918,039 $59,551 $977,590
Hagen Bruce P Market President 40.0
Highest
$1,026,413 $3,943 $1,030,356
Jepson Brian Market President 40.0
Highest
$1,133,465 $48,752 $1,182,217
Lawson Michael S President GMC 40.0
Highest
$1,087,377 $118,247 $1,205,624
Solaiman Shereen FRM SVP and Chief Human Resources Officer 0.0
$871,823 $0 $871,823
Thornhill Hugh A FRM Sr. VP OPG 0.0
$1,727,180 $0 $1,727,180
Yates Vinson M FRM CFO 0.0
$987,971 $74,730 $1,062,701
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 $5,060,750,866 $4,106,782,385 $10,190,566,226 $953,968,481
2023 $4,522,459,605 $3,824,186,620 $9,785,244,402 $698,272,985
2022 $4,294,251,055 $3,493,042,881 $8,783,298,549 $801,208,174
2021 $3,841,944,864 $2,881,144,961 $8,927,560,090 $960,799,903
2020 $3,489,440,912 $3,127,361,021 $7,505,143,062 $362,079,891
2019 $3,388,022,473 $2,845,960,417 $6,976,053,473 $542,062,056
2018 $3,218,514,014 $2,690,795,193 $6,041,910,640 $527,718,821
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