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Ochsner Clinic Foundation

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Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 720502505 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

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Overview

What is Ochsner Clinic Foundation?

Ochsner Clinic Foundation is a prominent healthcare organization based in Louisiana, with a rich history that dates back to 1942. The organization, which currently employs over 17,000 individuals and collaborates with over 2,700 affiliated physicians, is dedicated to delivering top-notch clinical and hospital patient care in the state. Their mission extends beyond direct patient care, encompassing graduate medical education and medical research, making them a key player in the healthcare sector.


Official website here: www.ochsner.org

What are the reviews and ratings of this charity?

89% rating from Charity Navigator.

Ochsner Clinic Foundation receives a Three-Star out of Four Star rating, indicating a strong emphasis on accountability and financial stewardship. The organization has demonstrated effectiveness through a robust Accountability & Finance score of 89%. Key strengths include a majority of independent board members and comprehensive financial oversight practices, all contributing to transparency and responsible management of resources.

User feedback highlights high levels of patient satisfaction, with many praising the commitment of the medical staff to prioritize patient care. Donors have expressed appreciation for the organization's focus on how contributions directly benefit patients and support medical education and research. The continued growth of financial support reflects the positive reputation Ochsner has built over the years.

While the organization has notable strengths, its liabilities to assets ratio indicates some financial concerns, scoring 58.99%. Nevertheless, the high program expense ratio suggests that a significant portion of funds is allocated to direct patient care and programs, reinforcing the foundation's commitment to its mission. Overall, Ochsner Clinic Foundation is recognized for its effective management and dedication to quality patient service.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Ochsner Clinic Foundation legitimate?

Ochsner Clinic Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ochsner Clinic Foundation 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.


Official website here: www.ochsner.org

What is the mission statement of Ochsner Clinic Foundation?

The Ochsner Clinic Foundation has been dedicated to delivering exceptional patient care since its inception in 1942. Their commitment extends to graduate medical education and medical research. With a team of over 17,000 employees and 2,700 affiliated physicians, they have built a healthcare family that prioritizes the well-being of their patients. Their mission is to provide top-tier clinical and hospital care, striving for continuous improvement and advancements in healthcare. The foundation's work encompasses a comprehensive approach to patient care, ensuring a holistic approach to meet their diverse needs.


Official website here: www.ochsner.org

Who is the CEO of Ochsner Clinic Foundation?

Peter C November is the Evp-Cfo of Ochsner Clinic Foundation.


Official website here: www.ochsner.org

What is the revenue of Ochsner Clinic Foundation?

Ochsner Clinic Foundation's revenue in 2021 was $4,902,026,766.


Official website here: www.ochsner.org

Who are the executives of Ochsner Clinic Foundation and what are their salaries?




Official website here: www.ochsner.org

Where can I find the form 990 for Ochsner Clinic Foundation?

Ochsner Clinic Foundation's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.ochsner.org

Learn more at the official website: www.ochsner.org

Mission Statement of Ochsner Clinic Foundation

The Ochsner Clinic Foundation, a leading healthcare organization, has been committed to delivering superior patient care, graduate medical education, and medical research since its establishment in 1942. With a team of over 17,000 employees and 2,700 affiliated physicians, the healthcare family at Ochsner is dedicated to enhancing the wellbeing of Louisiana residents.

Ochsner Clinic Foundation's mission is geared towards improving the health and lives of people in their community through various means. Their primary focus lies in providing top-tier clinical and hospital patient care that caters to the diverse needs of the population. This comprehensive care encompasses preventive measures, diagnostic services, and treatment plans, ensuring that patients receive holistic care that addresses their physical and emotional needs.

Moreover, Ochsner Clinic Foundation is invested in the development of the next generation of healthcare professionals through its graduate medical education programs. By fostering a learning environment that values collaboration and innovation, the organization equips aspiring medical professionals with the knowledge, skills, and experience necessary to make a difference in the field. Additionally, Ochsner Clinic Foundation is dedicated to pushing the boundaries of medical research and discovery, constantly seeking new and improved methods to diagnose, treat, and prevent various health conditions.

In summary, the Ochsner Clinic Foundation is a dedicated and compassionate healthcare organization that has been serving Louisiana residents since 1942. Their unwavering commitment to providing high-quality patient care, educating the next generation of healthcare professionals, and advancing medical research sets them apart as a trusted partner in the community's pursuit of better health and wellbeing.

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Impact




October, 2024

Ochsner Clinic Foundation has significantly impacted the health and well-being of Louisiana residents through its commitment to high-quality patient care, graduate medical education, and medical research. Established in 1942, the Ochsner Health System has grown into a robust healthcare network with over 17,000 employees and more than 2,700 affiliated physicians dedicated to serving the community.

The foundation plays a vital role in delivering clinical and hospital care, ensuring that patients have access to comprehensive medical services. Its emphasis on medical education helps to train the next generation of healthcare professionals, fostering innovation and excellence in the medical field. Additionally, Ochsner's focus on research contributes to advancements in medicine, enabling the system to provide cutting-edge treatments and improve patient outcomes.

Through its extensive services and commitment to health, Ochsner Clinic Foundation continues to make a profound difference in the lives of individuals and families throughout Louisiana, enhancing the overall health of the communities it serves.




This information is meant to be a general summary of Ochsner Clinic Foundation. 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.

Revenue
N/A (2022)
Expenses
N/A (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $73,938,571
  • Program Service Revenue: $4,048,448,348
  • Gross Receipts: $5,471,915,960

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PATIENT SERVICE REV

Revenue

$4,006,886,127

RESEARCH REVENUE

Revenue

$15,619,025

EDUCATION REVENUE

Revenue

$15,113,520

OCHSNER FITNESS CENTER

Revenue

$8,033,841

RENTAL FROM PHYS PLANT

Revenue

$2,663,040

Organization Details

Founding Year

1944

Principal Officer

Peter C November

Main Address

1514 JEFFERSON HWY BH 546, NEW ORLEANS, LA, 70121

NTEE Category

Code: E220 - Health

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