Health Care
Ochsner Clinic Foundation
NEW ORLEANS, LA
Total revenue
$6.0B
Total expenses
$5.7B
Net assets
$3.2B
Grants received
$106.0M
367 grants
EIN
720502505
Tax year
2024
Mission
Patient care, graduate medical education, & medical research
Programs
5 programs
Division of academics: since 1944, academics has been an integral component of the mission, visions and strategy of the ochsner organization. The division of academics, encompassing both medical education and research, adds emphasis, intellectual capital, and focus to ochsner's mission to lead, educate, and innovate, with the primary focus of providing the highest quality care and service to the ochsner communities and patients. Our medical education mission is to educate and train a health professional workforce that is prepared to provide safe and efficient care in an evolving healthcare delivery system along with our research mission to enhance, foster, and promote translational, clinical and health services research of the highest quality to improve the clinical care of our patients. 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 360 residents and fellows annually in 35 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 with tulane university school of medicine ("tulane") for pediatrics and otolaryngology programs. The joint programs include approximately 87 residents. In addition, approximately another 740 residents and fellows rotate to ocf in various disciplines of medicine and surgery under affiliation agreements with lsuhsc and tulane as well as other schools from across the country and around the world. Ochsner also supports lsuhsc residency training programs at ochsner medical center - kenner where approximately 55 residents in family practice and internal medicine, and approximately 90 residents in medicine and surgical specialties training programs complete clinical rotations annually.university of queensland, ochsner clinical school. In the fall of 2008, ochsner entered into a partnership with the university of queensland school of medicine in brisbane, australia to develop the university of queensland, ochsner clinical school ("ocs".) the university of queensland ochsner clinical school is fully accredited by the australian medical council and at full student compliment, this program graduates approximately 100 medical students each year. The students graduate with a doctor of medicine (md) degree. As of january 2024, there were 352 students enrolled in the university of queensland, ocs program. In 2024, the ocs residency match rate was 99%. In addition to the university of queensland, ocs program, ochsner continues to provide over 268 student-months of clinical education to over 233 medical students from tulane and the lsuhsc and other medical school programs from across the region, country and around the world.the ochsner department of continuing medical education (cme) has been accredited by the accreditation council for continuing medical education (accme) since 1976. Approximately 160 cme educational activities are held annually through regularly scheduled series, internet courses, and live activities providing more than 23,000 practicing physicians with over 39,000 cme credits. Ocf also collaborates with over 20 joint providers to issue cme credit for educational activities sponsored through the joint provider. These educational activities include national societies, regional hospitals, and specialty groups. Nursing/allied health/advanced practice affiliations. Ocf has formal affiliations with over 200 institutions of higher learning. Ocf, through nursing, allied health, and advanced practice affiliations, enables students enrolled in over 275 college and university programs throughout the united states to complete formal clinical training degree requirements. Through these affiliations, ochsner provides clinical training and mentoring to over 6,000 students. In addition to these affiliations, ochsner is partnered with xavier university of new orleans to facilitate a physician assistant program and loyola university of new orleans to facilitate a bachelor's of nursing program.approvals and accreditations. Ocf's division of academics' education programs are accredited by or registered with the following agencies:accreditation council for graduate medical education (acgme)accreditation council for continuing medical education (accme)american association of medical colleges (aamc)australian medical council (amc)council on teaching hospitals (coth)
Medical research: currently, ochsner clinic foundation operates four basic science research laboratories with nearly 600 active clinical trials in 40 clinical areas. Over 8,000 patients participate in ochsner clinical research annually. Every clinical trial is overseen by the ochsner institutional review board, which provides oversight of the safety of the human subjects participating in clinical trials. Ochsner established the ochsner center for outcomes health research (ocohr), the mission of which is to advance knowledge, improve clinical practice, and the health and well-being of the community. Ocohr is a major collaborator on several grants funded by the patient-centered outcomes research institute and the national institutes of health. The clinical trial unit located on the baptist hospital campus was established in 2012 to provide the ability to carry out a variety of clinical trials, including complex trials requiring close monitoring, high-volume trials and more. From inception, over 5,000 patients have participated in research studies at the ctu. A second clinical trial unit located on the kenner hospital campus was recently opened primarily for vaccine and other high enrolling studies. The biorepository & core research lab unit, located at ochsner medical center, was established in 2011 to develop a robust inventory of human biospecimens and biofluids for utilization in research projects. Since inception, over 5,000 patients have donated their tissues and biofluids.
Ochsner fitness center: designed to meet the health and fitness goals of its members, ochsner fitness center ("the fitness center") provides fitness services to patients, employees, and other members of the community, including seniors and children. The fitness center serves the community as a valuable resource in the prevention of disease. The fitness center is integrated with ochsner's patient care services through its medical fitness referral program and its physical and occupational therapy services. The fitness center also provides outreach to the community, including educational programs, community nutrition outreach, and a youth obesity program.
Rent - physical plant: ochsner clinic foundation rents its physical plant to related 501(c)(3) organizations. The majority of the rental is to brent house corporation, a wholly-owned subsidiary and exempt 501(c)(3) organization. Brent house fully reimburses ochsner for expenses related to the hotel.
Program related investments: equity income from joint venture providing patient care.
Financials
FY 2024
Revenue
Expenses
People
46 listed
PETER C NOVEMBER
CEO/BOARD MEMBER
$6.1M
42 hrs/wk
ROBERT I HART MD
CHIEF PHYS EXEC & PRES, OCH CLINIC
$4.2M
48 hrs/wk
MICHAEL F HULEFELD
PRESIDENT & CHIEF OPERATING OFFICER
$3.7M
44 hrs/wk
JAMES MOLLOY
EVP-CFO AND TREASURER
$2.6M
44 hrs/wk
CUONG Q BUI MD
BOARD MEMBER/SENIOR PHYSICIAN
$2.1M
50 hrs/wk
SHELLEY S TYNAN
SYS VP-LEGAL & GEN COUNSEL, SEC
$1.2M
44 hrs/wk
TIMOTHY L RIDDELL MD
BRD MBR/CEO-NS & MS GC (END: 4/24)
$994K
50 hrs/wk
BRIAN A MOORE MD
BOARD MEMBER/RMD
$928K
50 hrs/wk
WILLIAM D SUMRALL III MD
BOARD MEMBER/SENIOR PHYSICIAN
$826K
50 hrs/wk
ALISHA M LACOUR MD
BOARD MEMBER/RMD
$628K
50 hrs/wk
SUMA D JAIN MD
BOARD MEMBER/SENIOR PHYSICIAN
$546K
50 hrs/wk
SUSAN H GUNN MD
BOARD MEMBER/SENIOR PHYSICIAN
$457K
50 hrs/wk
VICTORIA A SMITH MD
BOARD MEMBER/SENIOR PHYSICIAN
$429K
50 hrs/wk
KAREN B BLESSEY MD
BOARD MEMBER/SENIOR PHYSICIAN
$402K
50 hrs/wk
TIFFANY L DAVIS MD
BOARD MEMBER/SR PHYS (BEG: 4/24)
$373K
50 hrs/wk
SUZANNE T MESTAYER
PAST CHAIR/COMMUNITY DIRECTOR
$81K
5 hrs/wk
WILLIAM H HINES
COMMUNITY DIRECTOR
$76K
5 hrs/wk
R PARKER LECORGNE
COMMUNITY DIRECTOR
$70K
5 hrs/wk
BEN DOGA MD
COMMUNITY DIRECTOR
$69K
5 hrs/wk
JARED QUOYESER
COMMUNITY DIRECTOR
$67K
5 hrs/wk
H DAVID WILSON
COMMUNITY DIRECTOR
$65K
5 hrs/wk
JOHN A EVANS
COMMUNITY DIRECTOR
$50K
5 hrs/wk
JUSTIN AUGUSTINE
COMMUNITY DIRECTOR (BEG: 5/24)
$36K
5 hrs/wk
ANDREW B WISDOM
COMMUNITY DIRECTOR, BOARD CHAIR
$23K
5 hrs/wk
JEFFERSON G PARKER
COMMUNITY DIRECTOR
$23K
5 hrs/wk
ROBERT J PATRICK
COMMUNITY DIRECTOR
$19K
5 hrs/wk
JAMES E MAURIN
COMMUNITY DIRECTOR (END: 5/24)
$17K
5 hrs/wk
DENNIS LAUSCHA
COMMUNITY DIRECTOR
$11K
5 hrs/wk
JOSE S SUQUET
COMMUNITY DIRECTOR
$7K
5 hrs/wk
BENJAMIN B PEELER MD
SR PHYSICIAN-SECTION HEAD
$6.7M
50 hrs/wk
TRACEY T SCHIRO
EVP-CHIEF PEOPLE & CULTURE OFFICER
$3.4M
50 hrs/wk
MOHAMAD A ALLAM MD
PHYSICIAN
$3.2M
50 hrs/wk
PATRICK E PARRINO MD
SR PHYSICIAN-VICE CHAIR
$1.9M
50 hrs/wk
DENISE S BASOW
EVP-CHIEF DIGITAL HEALTH OFFICER
$1.8M
50 hrs/wk
GEORGE E LOSS JR MD PHD
SYS VP-CHIEF CLNC TRANSF & STRAT OFF
$1.8M
50 hrs/wk
LEONARDO B SEOANE MD
EVP-CHIEF ACADEMIC OFFICER
$1.7M
50 hrs/wk
ROBERT WOLTERMAN
CEO-SS REGION & CLINICAL JVS
$1.3M
50 hrs/wk
SCOTT J POSECAI
EXECUTIVE CONSULTANT
$1.2M
50 hrs/wk
CHARLES D DAIGLE
CEO-BATON ROUGE & LAKE CHARLES
$1.1M
50 hrs/wk
MATTHEW BLOCK
EVP-CHIEF ADMINISTRATIVE OFFICER
$856K
48 hrs/wk
BRADLEY R GOODSON
CEO-OMC (END: 9/24)
$850K
50 hrs/wk
ALDO J RUSSO MD
REG MED DIR, BR REG (END: 12/24)
$837K
50 hrs/wk
BETH E WALKER
CEO-OMC (BEG: 9/24)
$734K
50 hrs/wk
J ERIC MCMILLEN
FORMER KEY EMPLOYEE
$623K
50 hrs/wk
ABDUL M KHAN MD
REG MED DIR, KEN/WB (BEG: 6/24)
$563K
50 hrs/wk
DAWN M PUENTE MD
RMD, BAP/KEN/WB (END: 5/24)
$475K
50 hrs/wk
Independent contractors
WOODWARD DESIGN BUILD LLC
CONSTRUCTION
LSUHSC - NEW ORLEANS
PURCHASED PHYSICIAN SERVICES
SOUTH LOUISIANA MEDICAL ASSOCIATES
PROFESSIONAL SERVICES
GJERSET & LORENZ LLP
LEGAL SERVICES
LOUISIANA ANESTHESIA SOLUTIONS LLC
PROFESSIONAL SERVICES
Grants received
Showing 200 of 367
Funded by
$106.0M from 127 funders · 367 grants · 2017–2024
$35.9M · 6 grants · 2017–2023
$20.1M · 6 grants · 2017–2022
$13.5M · 6 grants · 2017–2022
$6.0M · 1 grant · 2022
$4.7M · 2 grants · 2022–2023
$3.2M · 1 grant · 2022
$2.9M · 6 grants · 2019–2023
$2.6M · 4 grants · 2020–2024