Columbus, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
To improve the health of those we serve.
OhioHealth's primary purpose is to provide diversified healthcare services to the community and is a provider of services under contractual arrangements with the Medicare and Medicaid programs as...
OhioHealth's primary purpose is to provide diversified healthcare services to the community and is a provider of services under contractual arrangements with the Medicare and Medicaid programs as well as other third-party reimbursement arrangements. Together, Riverside Methodist Hospital, Grant Medical Center, Doctors Hospital, Dublin Methodist Hospital, Grove City Methodist Hospital, OhioHealth Berger Hospital, Pickerington Methodist Hospital, and OhioHealth Rehabilitation Hospital, LLC (a joint venture owned 51% by OhioHealth Corporation) are united in our mission to provide quality, compassionate healthcare and to be responsible stewards for our community's health. For more than 100 years, it has been this way. Even as the face of healthcare continues to change, the commitment of OhioHealth endures: ensuring quality care for everyone, regardless of their faith, race, age, or ability to pay. We never lose sight of our mission "to improve the health of those we serve our core values - compassion, excellence, stewardship, integrity, diversity and inclusion. They continue to guide us in our work today. OhioHealth touches thousands of people, saves lives, improves their health and makes their future a little brighter. Through our shared mission, vision and values, we touch more lives in Central Ohio than any other health system. As a system of faith-based, not-for-profit healthcare providers - together, we are OhioHealth.
In fiscal year 2024 (July 1, 2023 through June 30, 2024), OhioHealth, with its member hospitals and homecare organizations, provided charity care and community benefit programs to a great degree. In...
In fiscal year 2024 (July 1, 2023 through June 30, 2024), OhioHealth, with its member hospitals and homecare organizations, provided charity care and community benefit programs to a great degree. In total, OhioHealth provided $444.2 million in charity care and community benefit programs and services reaching hundreds of thousands of people in the communities we serve. Of this total, $272.0 million was provided by the hospitals of OhioHealth Corporation (Riverside Methodist Hospital, Grant Medical Center, Doctors Hospital, Dublin Methodist Hospital, Grove City Methodist Hospital, OhioHealth Berger Hospital, Pickerington Methodist Hospital, and OhioHealth Rehabilitation Hospital, LLC, a joint venture owned 51% by OhioHealth Corporation). OhioHealth provides medically necessary services without charge or at amounts less than its established rates to patients who meet certain criteria under its charity care policies. In assessing a patient's ability to pay, OhioHealth not only utilizes generally recognized poverty income levels of the communities they serve but also includes certain cases where incurred charges are significant when compared to the patient's financial resources. Charity care is determined based on established policies, using patient income and assets to determine payment ability. OhioHealth provides community services intended to benefit the underserved and enhance the health status of the communities it serves. These services include 24-hour-a-day emergency rooms, community health screenings, forums for various support groups, health education classes, speakers and publications, hospice and medical research. OhioHealth has been able to achieve a greater impact in the community by partnering financial and human resources with other organizations. These expenditures include a commitment to the project to reduce infant mortality, pastoral care service, various civic sponsorships, and other community partnership programs. The Corporation's total benefit to the community includes the cost of charity care (net of assistance received from the Hospital Care Assurance Program), unpaid cost of Medicaid, and medical education programs as well as certain programs discussed above.
OhioHealth is teaching the doctors of tomorrow at its teaching hospitals. Together, Riverside Methodist Hospital, Grant Medical Center, Doctors Hospital, Dublin Methodist Hospital trained 301...
OhioHealth is teaching the doctors of tomorrow at its teaching hospitals. Together, Riverside Methodist Hospital, Grant Medical Center, Doctors Hospital, Dublin Methodist Hospital trained 301 residents at a cost of $87.9 million. These residents performed services to produce offsetting revenue of $17.5 million for a net community benefit of $70.5 million. In addition, O'Bleness Memorial Hospital, which is included on our Group return, trained 10 residents at a cost of $2.4 million. These residents performed services to produce offsetting revenue of $580 thousand for a net community benefit of $1.9 million.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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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