Overview
What is Ohio State University Physicians Inc?
Ohio State University Physicians Inc is a nonprofit organization based in Columbus, Ohio, with a workforce of 1,721 employees. Their mission is to support and enhance the educational, research, and clinical programs at the Ohio State University College of Medicine. The physicians associated with the organization provide clinical services in conjunction with their teaching duties and offer medical care to individuals seeking such services. They also support academic enrichment and charity care, offering health care and teaching to the central Ohio area and various clinical locations. Their activities include billing and collections for related entities and departments, and they provide medical care regardless of a patient's ability to pay. Charity care is classified based on federal guidelines, the Ohio State University Health System, and Ohio State University Physicians, and amounts determined to qualify as charity care are written off.
Official website here: www.osuphysicians.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 69%, Two-Star out of Four Star rating.
Ohio State University Physicians Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and finance management. The organization has a solid program expense ratio of 86.37%, suggesting that a significant portion of its resources is allocated to its programs. However, the lack of independent board members raises concerns about the governance and oversight of the organization.
While the organization has implemented several key policies, such as conflict of interest and whistleblower policies, it falls short in providing transparency through the absence of its tax form on its website. This lack of available financial documentation may diminish trust among potential donors and stakeholders. Furthermore, the liabilities to assets ratio of 66.36% indicates that the organization may have a higher level of debt relative to its assets, which could be a point of concern for financial stability.
Overall, while Ohio State University Physicians Inc demonstrates a commitment to its programs and has established essential governance policies, improvements in board independence and transparency could enhance its standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Ohio State University Physicians Inc legitimate?
Ohio State University Physicians Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ohio State University Physicians Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $30,998,955
Professional Fundraising Fees: $0
Other Salaries and Wages: $443,262,315
For more financial information, click here
Official website here: www.osuphysicians.com
What is the mission statement of Ohio State University Physicians Inc?
Ohio State University Physicians Inc plays a crucial role in enhancing and supporting the educational, research, and clinical programs of the Ohio State University College of Medicine. The physicians connected to the organization render clinical and research services as part of their teaching duties, while providing medical care to all who seek it. The mission encompasses delivering healthcare and education to the central Ohio area and various clinical locations. The organization also offers billing and collections services for related entities and departments. Despite patients' ability to pay, care is extended to everyone, following federal guidelines and internal policies, with qualifying amounts written off as charity care.
Official website here: www.osuphysicians.com
Who is the CEO of Ohio State University Physicians Inc?
L Arick Forrest Md is the Board Member of Ohio State University Physicians Inc. The CEO's salary of Ohio State University Physicians Inc is $0 and their total compensation is $1,686,160.
Official website here: www.osuphysicians.com
What is the revenue of Ohio State University Physicians Inc?
Ohio State University Physicians Inc's revenue in 2022 was $729,585,623.
Official website here: www.osuphysicians.com
Who are the executives of Ohio State University Physicians Inc and what are their salaries?
The average compensation at Ohio State University Physicians Inc during 2022 was $275,573. There are 1721 employees at Ohio State University Physicians Inc.
Here are 41 key members and their salaries (Ohio State University Physicians Inc's CEO's salary is $0 and their total compensation is $1,686,160):
- Compensation: $0
- Related: $395,275
- Other: $91,677
- Compensation: $0
- Related: $526,719
- Other: $63,489
- Compensation: $0
- Related: $1,102,136
- Other: $123,257
- Compensation: $0
- Related: $608,580
- Other: $124,786
- Compensation: $0
- Related: $972,833
- Other: $102,884
- Compensation: $0
- Related: $258,832
- Other: $62,197
- Compensation: $0
- Related: $461,242
- Other: $74,829
- Compensation: $0
- Related: $1,046,319
- Other: $128,851
- Compensation: $0
- Related: $589,272
- Other: $105,257
- Compensation: $0
- Related: $333,571
- Other: $77,852
- Compensation: $0
- Related: $912,304
- Other: $113,644
- Compensation: $0
- Related: $647,867
- Other: $105,006
- Compensation: $0
- Related: $546,643
- Other: $123,135
- Compensation: $0
- Related: $751,378
- Other: $104,544
- Compensation: $0
- Related: $1,633,644
- Other: $918,907
- Compensation: $0
- Related: $904,682
- Other: $110,989
- Compensation: $0
- Related: $1,403,649
- Other: $141,917
- Compensation: $0
- Related: $586,650
- Other: $64,865
- Compensation: $0
- Related: $739,802
- Other: $102,374
- Compensation: $0
- Related: $913,878
- Other: $772,282
- Compensation: $0
- Related: $737,737
- Other: $113,791
- Compensation: $0
- Related: $585,201
- Other: $78,283
- Compensation: $0
- Related: $288,181
- Other: $51,268
- Compensation: $0
- Related: $567,254
- Other: $116,005
- Compensation: $0
- Related: $50,108
- Other: $7,041
- Compensation: $0
- Related: $730,421
- Other: $104,958
- Compensation: $0
- Related: $1,337,151
- Other: $110,429
- Compensation: $0
- Related: $1,740,813
- Other: $348,517
- Compensation: $0
- Related: $513,209
- Other: $89,271
- Compensation: $0
- Related: $944,245
- Other: $123,934
- Compensation: $0
- Related: $615,956
- Other: $113,431
- Compensation: $0
- Related: $788,077
- Other: $95,419
- Compensation: $0
- Related: $168,630
- Other: $43,996
- Compensation: $0
- Related: $861,298
- Other: $102,351
- Compensation: $0
- Related: $348,039
- Other: $66,849
- Compensation: $0
- Related: $448,217
- Other: $73,483
- Compensation: $0
- Related: $1,404,757
- Other: $143,365
- Compensation: $0
- Related: $914,412
- Other: $114,164
- Compensation: $0
- Related: $1,133,877
- Other: $122,031
- Compensation: $0
- Related: $1,186,583
- Other: $95,660
- Compensation: $0
- Related: $1,095,658
- Other: $110,429
Official website here: www.osuphysicians.com
Where can I find the form 990 for Ohio State University Physicians Inc?
Ohio State University Physicians Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.osuphysicians.com
Learn more at the official website: www.osuphysicians.com
Mission Statement of Ohio State University Physicians Inc
Ohio State University Physicians Inc, a distinguished organization, is dedicated to enhancing and supporting the educational, research, and clinical programs of the Ohio State University College of Medicine. This committed group of physicians delivers clinical and research services in conjunction with their teaching duties, all while providing medical care to individuals seeking such services. The physicians' mission extends beyond academia, as they offer charity care to those in need.
Ohio State University Physicians Inc plays a vital role in the healthcare landscape, serving the central Ohio area and reaching out to multiple clinical locations. Their commitment to education is evident in their collaboration with the Ohio State University College of Medicine. Beyond their teaching duties, they provide essential healthcare services, touching the lives of countless patients. These patients may not have the financial means to afford care; Ohio State University Physicians Inc remains unwavering in its dedication to treating them regardless of their ability to pay.
According to federal guidelines, in conjunction with the Ohio State University Health System and Ohio State University Physicians, the organization identifies and classifies patients as charity cases. The amounts determined to qualify as charity care are then written off. Ohio State University Physicians Inc's mission is a testament to their enduring commitment to the healthcare community, ensuring access to medical services for all, regardless of financial circumstances.
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Impact
October, 2024
Ohio State University Physicians Inc plays a crucial role in enhancing the healthcare landscape in Central Ohio through a multifaceted approach. By providing clinical services in conjunction with the Ohio State University College of Medicine, they not only deliver vital medical care to all individuals but also integrate education and research into their practice. This synergy supports the training of future healthcare professionals while ensuring that patients receive top-tier care.
The organization is committed to offering medical services to those who may face financial barriers, including individuals covered by Medicare and Medicaid. By accepting payments below the cost of care, they extend their services to vulnerable populations, ensuring that financial restrictions do not impede access to necessary medical attention. This commitment to charity care underscores their dedication to public health and community welfare.
In addition to direct patient care, Ohio State University Physicians Inc contributes significantly to the academic enrichment of the College of Medicine, bolstering educational programs and fostering research initiatives. Their efforts facilitate a robust learning environment that prepares future physicians and medical professionals to address the evolving needs of the healthcare system.
Overall, Ohio State University Physicians Inc not only provides essential health services but also reinforces the educational and research missions of the College of Medicine, making a lasting positive impact on the community and the future of healthcare.
This information is meant to be a general summary of Ohio State University Physicians Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $562,842
- Program Service Revenue: $714,608,473
- Gross Receipts: $729,695,588
Assets and Liabilities:
- Total Assets: $461,447,285
- Total Liabilities: $240,163,935
- Net Assets: $221,283,350
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT CARE REVENUE
Revenue
$451,205,765
MEDICAL CENTER REVENUE
Revenue
$118,155,264
CONTRACT REVENUE
Revenue
$99,924,908
SALARY RECOVERY
Revenue
$20,987,900
MISCELLANEOUS PROGRAM REVENUE
Revenue
$13,251,571
Organization Details
Founding Year
2002
Phone
(614) 784-7800Principal Officer
L Arick Forrest Md
Main Address
700 ACKERMAN RD 6000, COLUMBUS, OH, 43202
Website
www.osuphysicians.comNTEE Category
Code: B020 - Education
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