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

To improve the health of those we serve.

Program Service Accomplishments

Program 1
Expenses: $2,848,687,759 Revenue: $4,526,144,253

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...

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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.

Program 2
Expenses: $348,735,236 Revenue: $147,919,645

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...

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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.

Program 3
Expenses: $87,938,074 Revenue: $17,469,805

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...

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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.

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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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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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