Ochsner Health

What it reported doing in 2024

A wholly-owned subsidiary of lafayette general health system, university hospital and clinics (uhc) was created on june 24, 2013, as created as the result of a cooperative endeavor agreement between the state of Louisiana, Louisiana state university, and lafayette general health to provide for the operation of the former university medical center, one of the ten (10) safety-net hospitals previously operated by Louisiana state university through their lsu health system. Uhc is a general acute care hospital providing the normal compliment of both inpatient and outpatient services, providing both inpatient and outpatient medical care, diagnostic testing and therapy services to those seeking care. Healthcare services are provided on a continuous basis, twenty-four hours per day, seven days per week.traditionally and currently, this facility has been the medical care provider to which those who were uninsured or otherwise unable to pay for their healthcare services turned to for those services. Through an agreement with the lsu school of medicine in new orleans, uhc also provides graduate medical education through a number of residency programs which provide the physician services for several outpatient primary care and specialty care clinics. The entire purpose of the organization is to provide inpatient and outpatient medical care and graduate medical education to provide for the medical needs of the citizens of the acadiana region of south Louisiana. The majority of the medical care provided at uhc is provided by both medical residents and staff physicians.uhc employs nursing and other ancillary professionals to provide non-physician healthcare services and support to the patients for whom we provide care. Additionally, uhc also employs some physician providers, to provide care directly. Uhc provides care for patients regardless of their ability to pay, based upon written guidelines which allows uhc to provide care to patients with varying financial means to pay for that care. Through the agreement with the state of Louisiana, uhc receives some reimbursement for patients who qualify for "free care", with a maximum on the amount that the state will reimburse the hospital. The hospital has also entered into contracts and agreements with various state and federal healthcare reimbursement programs, such as medicaid and medicare, as well as private insurance plans to reimburse the hospital for services provided to their beneficiaries.in addition to the traditional hospital services, uhc operates several clinics which provide ongoing medical care to patients. These clinics operate monday through friday and operate just like private physician offices. They are staffed by nurse practitioners and by staff physicians who supervise medical residents, allowing them to gain valuable clinical experience as part of their medical residency training.uhc has two "home-based" residency programs providing graduate medical education in family medicine, internal medicine, and two "home-based" fellowship programs in geriatric medicine and sports medicine. In addition, uhc operates several rotating residencies that allows residents in residency programs based in new orleans at the lsu school of medicine to spend part of their residency at uhc providing care for our patients and receiving clinical experience in their field of medical specialty. These residencies are in the specialties of general surgery, otorhinolaryngology, gynecology, orthopedic surgery, and ophthalmology.uhc also operates a medical library, staffed by a library information specialist and a library assistant. It serves as learning resource center for a 13 district area providing outreach to health professionals and potential healthcare professions, providing them tools to obtain information regarding healthcare careers, and research on specific healthcare and medical issues to include patients, families, visitors, and other professionals requiring such resources.program services stati

Financial Efficiency

• Mission deployment rate: 93.6%; rating input score 94
• Program expense ratio: 88.9%; rating input score 89
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 50%; rating input score 50; 13th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -5.3%; rating input score 12; 12th percentile among comparable filings
• Total-asset coverage ratio: 0.52; rating input score 19; 19th percentile among comparable filings
• Liabilities to assets ratio: 1.35; rating input score 3; 3rd percentile among comparable filings
• Officer compensation ratio: 0.1%; rating input score 92; 92nd percentile among comparable filings

Growth

• Program expense growth: 1.9% per year; rating input score 100; 15th percentile among comparable filings
• Revenue growth: 1% per year; rating input score 100; 9th percentile among comparable filings
• Asset growth: 9.4% per year; rating input score 100; 67th percentile among comparable filings