OLATHE HEALTH PHYSICIANS INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1990

Legal Domicile

Principal Officer

JASON HANNAGAN

Phone

9133553523

Tax Period

2022-01-01 to 2022-12-31

OLATHE HEALTH PHYSICIANS INC, founded in 1990, is a mid-sized nonprofit in the Health Care sector that reported $79.3M in total revenue in fiscal year 2022. Expenses of $118.0M exceeded revenue, resulting in a 49% operating deficit.

Mission

TO HELP PEOPLE THROUGH HEALING, HEALTH, AND HAPPINESS.

Program Service Accomplishments

Program 1

Expenses: $95,769,006 Revenue: $75,007,124

OLATHE HEALTH PHYSICIANS, INC. (OHPI) CARRIES OUT THEIR MISSION BY PROVIDING PHYSICIAN AND ANCILLARY SERVICES TO THE GENERAL PUBLIC IN THEIR SERVICE AREA. IN 2022, OHPI PROVIDED PHYSICIAN SERVICES AS FOLLOWS: PROGRAM NAME NUMBER OF VISITS PRIMARY CARE PHYSICIAN SERVICES 250,883 SPECIALISTS PHYSICIAN SERVICES 96,836 OHPI'S CONTRIBUTIONS TO THE HEALTH OF THE COMMUNITIES INCLUDES: CHARITY AND UNCOMPENSATED CARE OLATHE HEALTH PHYSICIAN'S MISSION IS TO HELP PEOPLE THROUGH HEALING, HEALTH AND HAPPINESS. OLATHE HEALTH PHYSICIANS, INC. PROVIDES HEALTH CARE TO INDIVIDUALS WHO HAVE INADEQUATE RESOURCES TO AFFORD THE SERVICES AND ARE UNINSURED OR UNDERINSURED OR PARTICIPATE IN GOVERNMENTAL HEALTH PROGRAMS SUCH AS MEDICARE, MEDICAID AND TRICARE. UNCOMPENSATED CARE IS PROVIDED TO OUR PATIENTS IN THE SERVICE AREA WHO MEET THE GUIDELINES OF THE OLATHE HEALTH PHYSICIAN'S CHARITY CARE PROGRAM. IN ADDITION, OHPI PROVIDES CARE TO PATIENTS IN EXCESS OF REIMBURSEMENT TO PARTICIPANTS IN THE MEDICAID PROGRAM. CHARITY CARE PROVIDED AT COST $ 1,880,924 MEDICAID COST IN EXCESS OF PAYMENTS $ 3,968,469

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $3,800,278

Program Service Revenue $75,007,124

Investment Income $25,031

Other Revenue $448,674

TOTAL REVENUE $79,281,107

Expense Breakdown

Grants Paid $0

Salaries & Benefits $84,004,841

Fundraising Expenses $0

Program Expenses $95,769,006

Other Expenses $34,035,960

TOTAL EXPENSES $118,040,801

Year-over-Year Comparison

	2022	2021	Change
Revenue	$79,281,107	$78,349,515	+0.0%
Expenses	$118,040,801	$113,482,974	+0.0%
Net Income	$-38,759,694	$-35,133,459	+0.1%

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

Governance

Voting Members

Independent Members

Employees

702

Volunteers

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

$6,332,060

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHYAM SHRIDHARANI	SURGEON	45.0	Highest	$2,199,431	$12,498	$2,211,929
RAVI YARLAGADDA	CARDIOLOGIST	50.0	Highest	$1,655,076	$6,447	$1,661,523
STANLEY HOLM	PRESIDENT/CEO	5.0	Officer	$0	$258,684	$1,658,349
JASON HANNAGAN	SECRETARY/CHIEF LEGAL OFFICER	5.0	Officer	$0	$154,717	$1,362,347
KRYSTAL CLAYMORE	CHIEF FINANCIAL OFFICER	6.0	Officer	$0	$138,799	$1,290,122
GREGORY LYNCH	ORTHOPEDIC SURGEON	50.0	Highest	$1,177,571	$84,445	$1,262,016
SAAD SYED	ANESTHESIOLOGIST	50.0	Highest	$1,174,460	$83,438	$1,257,898
PHANI ATTALURI	GASTROINTESTINOLOGIST	50.0	Highest	$1,141,318	$81,142	$1,222,460
JEFF DOSSETT	CHIEF OPERATIONS OFFICER	5.0	Officer	$0	$109,565	$1,037,492
ELIZABETH LONG	CHIEF MEDICAL OFFICER	40.0	Officer	$571,269	$25,188	$596,457
ADAM FLACKUS	VICE PRESIDENT OPERATIONS	45.0	Officer	$356,942	$30,351	$387,293
LARRY K BRUBAKER	DIRECTOR/CHAIRPERSON	2.0	Officer Director	$0	$0	$0
MATT K MCBRIDE	DIRECTOR	1.0	Director	$0	$0	$0
STEPHANEE J EVERS MD	DIRECTOR	1.0	Director	$0	$0	$0
DONALD VRANA	DIRECTOR	1.0	Director	$0	$0	$0
KAREN DAUGHERTY	DIRECTOR	1.0	Director	$0	$0	$0
VINCENT DONOFRIO	DIRECTOR	1.0	Director	$0	$0	$0
RICHARD HEISE	DIRECTOR	1.0	Director	$0	$0	$0
R ERIC HUGHES	DIRECTOR	1.0	Director	$0	$0	$0
DOUGLAS HUSTON	DIRECTOR/VICE CHAIRPERSON	2.0	Officer Director	$0	$0	$0

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
2022	$79,281,107	$118,040,801	$52,037,039	$-38,759,694
2021	$78,349,515	$113,482,974	$62,649,906	$-35,133,459
2020	$68,765,667	$107,721,490	$55,301,603	$-38,955,823
2019	$69,331,366	$102,763,600	$54,047,045	$-33,432,234
2018	$64,995,999	$100,339,492	$49,828,172	$-35,343,493