Cause IQ organization profile

Ochsner Medical Center

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Ochsner Medical Center is a general hospital based in New Orleans, LA that was founded in 1944. As of 2018 they had $8.4 billion in revenue and $2.6 billion in assets.

Ochsner Health System has been providing high-quality clinical and hospital patient care to Louisiana residents since 1942. Their healthcare family today are comprised of more than 17,000 employees and over 2,700 affiliated physicians.

Previous legal names or variations of their name include: Ochsner Clinic Foundation; Ochsner Health System; and See Statement.

Fiscal year end:
Revenue trends:
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Program areas at Ochsner Medical Center

Patient care/patient medical services: ochsner clinic foundation consists of five hospitals at seven campuses and many clinical locations. Served 118,589 inpatients resulting in 342,561 patient days. Emergency room visits totaled 316,776. The number of births totaled 7,422. Outpatient hospital visits totaled 519,771. Physician clinic visits total 2,012,665. 435 patients received organ transplants.

Medical Research: Currently, Ochsner Clinic Foundation operates six research laboratories within the Institute for Translational Research focusing on multiple medical diseases and problems including cancer, diabetes, transplant rejection, rheumatological diseases, neurological disorders and infectious diseases. In addition, Ochsner currently offers to its patients over 700 active clinical research studies in 50 clinical areas. Approximately 7,000 patients participate in clinical research annually. The Ochsner Institutional Review Board provides oversight for all clinical trials to ensure the safety of the human subjects participating in research. Ochsner established the Center for Applied Health Services Research (CAHSR) in 2014, the mission of which is to advance knowledge, improve clinical practice, and improve the health and well-being of the community. The CAHSR collaborates with Ochsner leaders to identify high priority issues and design key initiatives that would benefit from research expertise and program evaluation including new benefits, system redesign, patient safety and clinical care. The ...

Division of Academics: Since 1944, academics have been an integral component of the mission, visions and strategy of the Ochsner organization. The Division of Academics adds emphasis, intellectual capital and focus to Ochsner's mission to educate and innovate, with the primary focus of providing the highest quality care and service to the Ochsner community and patients. A large portion of physicians completing the training programs decide to join Ochsner's group practice. The academic areas are operating divisions of OCF. Residency Training Programs: OCF operates one of the nation's largest independent academic medical centers and trains over 278 residents and fellows annually in 28 independent OCF-sponsored accredited residency training programs. In addition, Ochsner is a joint sponsor with the Louisiana State University Health Science Center ("LSUHSC"), psychiatry program, and is a joint sponsor of a pediatric program with Tulane University School of Medicine ("Tulane"). The joint programs include approximately 69 residents. ...

Form 990s for Ochsner Medical Center

Fiscal year endingDate received by IRSFormPDF link
2018-12Feb 18, 2020990View PDF
2017-12Feb 21, 2019990View PDF
2016-12Mar 14, 2018990View PDF
2015-12Apr 14, 2017990View PDF
2015-12Feb 25, 2017990View PDF
...and six more Form 990 PDFs

Financials for Ochsner Medical Center

Total grants, contributions, etc.$16,131,594
Program services$8,284,966,778
Investment income and dividends$18,310,657
Tax-exempt bond proceeds$630,253
Royalty revenue$28,719
Net rental income$5,481,922
Net gain from sale of non-inventory assets$40,247,970
Net income from fundraising events$-227,527
Net income from gaming activities$0
Net income from sales of inventory$21,084,207
Miscellaneous revenues$18,744,634
Total revenues$8,405,399,207

Vendors for Ochsner Medical Center

VendorServicesAmount paidDate
MailChimpMarketing software2019-08-29
█████ ███ █████ ██ ███Tax accounting; Audit accounting; Accounting (including auditing)$162,7682019-07-19
████████ ███ ███Construction$20,113,2452017-12-01
████████████████ █ ██████ █ █ █████ ███████Construction$27,043,2622017-12-01
███████ ██████Legal Services$9,098,9412017-12-01
█████████ █████ ██████████Purchased Physician Services$8,814,1532017-12-01
████ █████████████ ████████Lab Services$6,682,0652017-12-01
█████ ███████ ██████████ ██Investment management2016-12-31
...and 44 more vendors

Personnel at Ochsner Medical Center

NameTitleCompensationMost recent data
Scott J PosecaiExecutive Vice President and Chief Financial Officer$0Feb. 11, 2019
Frank A. BockludSystem Vice President - Treasury Administration Exec.-July 23, 2019
█████ █ ███████Executive Vice President and Treasurer$465,535Jan. 29, 2018
███████ █ ████████Executive Vice President and Chief Operating Officer$0Dec. 31, 2014
██████ █ ██████Chief Executive Officer and Board Member$0Dec. 31, 2014
█████ ████████Secretary Executive Vice President Chief Administrative Officer$0Dec. 31, 2014
███████ █ ███████Board Member$0Dec. 31, 2014
█████ █ ██████Board Chairman$0Dec. 31, 2013

Peer general hospitals

1Indiana University Health501(c)(3)$3.8 billionIndianapolis, IN
2Kaiser Foundation Health Plan of Washington501(c)(3)$3.7 billionOakland, CA
3Sutter Bay Medical Foundation (PAMF)501(c)(3)$2.8 billionSacramento, CA
4Kaiser Foundation Health Plan of the Northwest501(c)(3)$4.2 billionOakland, CA
5Kaiser Foundation Health Plan of Colorado501(c)(3)$4.0 billionOakland, CA
6Kaiser Foundation Health Plan of the Mid-Atlantic States501(c)(3)$4.3 billionOakland, CA

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