Form 990 for tax year 2022
Filed by OCHSNER LSU HEALTH SYSTEM OF NORTH LOUISIANA.
Totals
- Total revenue
- $1,043,372,901
- Total expenses
- $1,064,566,596
- Contributions and grants received
- $1,252,242
- Grants paid
- $5,000,000
- Program service revenue
- $1,014,638,297
- Investment income
- $1,914,733
- Other revenue
- $25,567,629
- Total assets, end of year
- $899,239,505
- Total liabilities, end of year
- $785,107,203
- Net assets or fund balances, end of year
- $114,132,302
- Program services expenses (Part IX)
- $642,683,432
- Management and general expenses
- $421,883,164
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $642,683,432
Program services were 60.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$83,839
-
1f · All other contributions, gifts and grants
$1,168,403
-
2a · Program service revenue: PATIENT SERVICE REVENU
total $1,013,677,660 · related or exempt $989,235,919 · excluded $24,441,741
-
2b · Program service revenue: EDUCATION
total $774,050 · related or exempt $774,000 · excluded $50
-
2c · Program service revenue: PROGRAM RELATED INVEST
total $186,587 · related or exempt $168,957 · unrelated business $17,630
-
3 · Investment income
total $3,326,767 · excluded $3,326,767
-
6a · Gross rents
real property $751,588
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $751,588
-
6d · Net rental income or loss
total $751,588 · excluded $751,588
-
7a · Gross sales of assets other than inventory
securities $25,538,244 · other assets $5,255,525
-
7b · Less cost or other basis and sales expenses
securities $26,933,738 · other assets $5,272,065
-
7c · Gain or loss
securities -$1,395,494 · other assets -$16,540
-
7d · Net gain or loss
total -$1,412,034 · excluded -$1,412,034
-
10a · Gross sales of inventory
$11,417,186
-
10b · Cost of goods sold
$10,793,688
-
10c · Net income from sales of inventory
total $623,498 · excluded $623,498
-
11a · Other revenue: ADMINISTRATIVE SUPPORT
total $22,736,904 · related or exempt $20,363,194 · excluded $2,373,710
-
11b · Other revenue: LABORATORY SERVICES
total $1,455,639 · unrelated business $1,455,639
-
11e · Other revenue, total
$24,192,543
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $5,000,000 · program services $5,000,000
-
5 · Compensation of officers, directors and key employees
total $250,001 · management and general $250,001
-
7 · Other salaries and wages
total $311,481,934 · program services $249,719,281 · management and general $61,762,653
-
8 · Pension plan contributions
total $10,083,139 · program services $8,058,185 · management and general $2,024,954
-
9 · Other employee benefits
total $28,776,077 · program services $22,440,189 · management and general $6,335,888
-
10 · Payroll taxes
total $22,599,619 · program services $18,414,180 · management and general $4,185,439
-
11a · Fees: management
total $36,748,222 · management and general $36,748,222
-
11b · Fees: legal
total $1,667,065 · program services $42,305 · management and general $1,624,760
-
11c · Fees: accounting
total $472,129 · management and general $472,129
-
11f · Fees: investment management
total $369,559 · management and general $369,559
-
11g · Fees: other
total $203,466,797 · program services $55,275,391 · management and general $148,191,406
-
12 · Advertising and promotion
total $2,907,131 · program services $197,810 · management and general $2,709,321
-
13 · Office expenses
total $19,353,041 · program services $5,759,294 · management and general $13,593,747
-
14 · Information technology
total $13,672,140 · program services $973,170 · management and general $12,698,970
-
16 · Occupancy
total $92,435,374 · program services $11,978,870 · management and general $80,456,504
-
17 · Travel
total $414,220 · program services $102,639 · management and general $311,581
-
19 · Conferences, conventions and meetings
total $474,693 · program services $135,005 · management and general $339,688
-
20 · Interest
total $8,566,985 · management and general $8,566,985
-
22 · Depreciation, depletion and amortization
total $25,764,391 · program services $10,437,529 · management and general $15,326,862
-
23 · Insurance
total $4,707,267 · program services $44,256 · management and general $4,663,011
-
24a · Other expenses: MEDICAL SUPPLIES
total $231,258,595 · program services $231,258,595
-
24b · Other expenses: REPAIRS AND MAINTENANCE
total $16,929,110 · program services $10,369,707 · management and general $6,559,403
-
24c · Other expenses: LICENSES AND TAXES
total $16,825,397 · program services $10,697,437 · management and general $6,127,960
-
24d · Other expenses: EDUCATION
total $7,394,949 · management and general $7,394,949
-
24e · All other expenses
total $2,948,761 · program services $1,779,589 · management and general $1,169,172
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,382,676 · end of year $5,523,987
-
2 · Savings and temporary cash investments
beginning of year $115,755,029 · end of year $153,696,325
-
4 · Accounts receivable
beginning of year $158,065,679 · end of year $117,528,194
-
8 · Inventories for sale or use
beginning of year $25,380,914 · end of year $18,576,928
-
9 · Prepaid expenses and deferred charges
beginning of year $7,969,044 · end of year $9,009,176
-
10a · Land, buildings and equipment: cost or other basis
$248,039,838
-
10b · Land, buildings and equipment: accumulated depreciation
$95,167,787
-
10c · Land, buildings and equipment, net
beginning of year $145,145,567 · end of year $152,872,051
-
11 · Investments: publicly traded securities
beginning of year $104,028,843 · end of year $98,016,715
-
12 · Investments: other securities
beginning of year $36,252,132 · end of year $57,081,977
-
13 · Investments: program-related
beginning of year $2,604,677 · end of year $2,014,264
-
14 · Intangible assets
beginning of year $15,191,245 · end of year $15,198,266
-
15 · Other assets
beginning of year $333,049,888 · end of year $269,721,622
-
17 · Accounts payable and accrued expenses
beginning of year $135,386,399 · end of year $156,352,000
-
19 · Deferred revenue
beginning of year $17,575,789 · end of year $15,147,023
-
23 · Secured mortgages and notes payable
beginning of year $350,927,083 · end of year $354,475,862
-
25 · Other liabilities
beginning of year $321,703,847 · end of year $259,132,318
-
27 · Net assets without donor restrictions
beginning of year $117,232,576 · end of year $109,002,802
-
28 · Net assets with donor restrictions
beginning of year $5,000,000 · end of year $5,129,500
Mission and programs · 2022
Mission
NO BOARD APPROVED MISSION STATEMENT
Activities or mission (Part I)
TO PROVIDE HOSPITAL AND MEDICAL CARE TO THE RESIDENTS OF SHREVEPORT AND MONROE, LOUISIANA, AND THEIR SURROUNDING COMMUNITIES THROUGH THE OWNERSHIP AND OPERATION OF THREE SAFETY-NET HOSPITALS.
-
TO PROVIDE HOSPITAL AND MEDICAL CARE TO THE RESIDENTS OF SHREVEPORT AND MONROE, LOUISIANA, AND THEIR SURROUNDING COMMUNITIES THROUGH THE OWNERSHIP AND OPERATION OF THREE SAFETY-NET HOSPITALS. THE SYSTEM SERVED 23,619 INPATIENTS RESULTING IN 127,000 PATIENT DAYS. EMERGENCY ROOM VISITS TOTALED 81,981. THE NUMBER OF BIRTHS TOTALED 3,522. OUTPATIENT HOSPITAL VISITS TOTALED 625,367. OCHSNER LSU HEALTH SYSTEM SERVES AS THE SAFETY NET PROVIDER FOR THE POOR AND UNDER SERVED RESIDING IN NORTH AND CENTRAL LOUISIANA. IN 2023, NEARLY 55% OF ALL PATIENT ENCOUNTERS IN THE HEALTH SYSTEM WERE MEDICAID RECIPIENTS. THE SYSTEM'S HOSPITALS INCLUDE THE ACADEMIC MEDICAL CENTER, A 395-BED HOSPITAL IN SHREVEPORT, LOUISIANA AND ONE OF THE NATION'S LARGEST INDEPENDENT ACADEMIC MEDICAL CENTERS; THE MONROE MEDICAL CENTER, A 244-BED HOSPITAL IN MONROE, LA AND THE ST. MARY MEDICAL CENTER, A 93-BED HOSPITAL IN SHREVEPORT, LOUISIANA. THE SYSTEM ALSO INCLUDES AN AMBULATORY SURGERY CENTER, OUTPATIENT CLINICS AND URGENT CARE FACILITIES LOCATED THROUGHOUT NORTH LOUISIANA, ALONG WITH A BEHAVIORAL HEALTH FACILITY THAT IS OPERATED AS PART OF A JOINT VENTURE BETWEEN OCHSNER LSU HEALTH SYSTEM AND A THIRD-PARTY PARTNER.
Expenses $642,683,432 · Grants $5,000,000 · Revenue $1,034,983,861
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Warner ThomasWARNER THOMAS
DIRECTOR (END 9/13/2022)
- Total calculated
- $0
- Hours/week
- 5
-
Carolyn HuntCAROLYN HUNT
COMMUNITY REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 5
-
Leonardo Seoane MDLEONARDO SEOANE MD
DIR/INT CEO(BEG8/1/22 END12/31/22)
- Total calculated
- $0
- Hours/week
- 49 + 1 related
-
Lester Wayne Johnson MDLESTER WAYNE JOHNSON MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Peter NovemberPETER NOVEMBER
BOARD CHAIR (BEGIN 1/1/2023)
- Total calculated
- $0
- Hours/week
- 5 + 1 related
-
Steve SkrivanosSTEVE SKRIVANOS
COMMUNITY REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 5
-
Rev Timothy Jones MDREV TIMOTHY JONES MD
COMMUNITY REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 5
-
David F Lewis MD MBADAVID F LEWIS MD MBA
BOARD CHAIR (END 12/31/22)
- Total calculated
- $0
- Hours/week
- 49 + 1 related
-
Brittany GreenBRITTANY GREEN
COMMUNITY REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 5
-
Mike HulefeldMIKE HULEFELD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Cindy RivesCINDY RIVES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
William F TateWILLIAM F TATE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Charles J Fox MDCHARLES J FOX MD
SYS CMO/BRD CHR (BRDTERM/END1/1/23)
- Total calculated
- $0
- Hours/week
- 40 + 10 related
-
Deborah GrimesDEBORAH GRIMES
DIRECTOR (BEGIN 3/23/2023)
- Total calculated
- $0
- Hours/week
- 5
-
David GuzickDAVID GUZICK
DIRECTOR (BEGIN 1/12/2023)
- Total calculated
- $0
- Hours/week
- 5
-
Charles D DaigleCHARLES D DAIGLE
CEO/PRESIDENT (BEGIN 1/1/2023)
- Total calculated
- $0
- Hours/week
- 49 + 1 related
-
Shelley S TynanSHELLEY S TYNAN
SECRETARY
- Total calculated
- $0
- Hours/week
- 5 + 1 related
-
David CallecodDAVID CALLECOD
INTERIM CEO (END 7/31/2022)
- Total calculated
- $0
- Hours/week
- 49 + 1 related
-
Lauri WaltonLAURI WALTON
INT CFO/TREAS (END 12/31/22)
- Total calculated
- $250,001
- From this org
- $192,559
- From related orgs
- $0
- Other
- $57,442
- Hours/week
- 40 + 10 related
Schedule J breakdown matched by us
- Base
- $192,559
- Bonus
- $0
- Other
- $0
- Deferred
- $31,798
- Nontaxable benefits
- $25,644
- Filer's total
- $250,001
-
Jeff ReynoldsJEFF REYNOLDS
INT CFO(BEG1/1/23)/TREAS(BEG3/23/23)
- Total calculated
- $0
- Hours/week
- 49 + 1 related
-
Jeannine HintonJEANNINE HINTON
VP ACADEMICS
- Total calculated
- $382,437
- From this org
- $324,445
- From related orgs
- $0
- Other
- $57,992
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $315,231
- Bonus
- $8,674
- Other
- $540
- Deferred
- $33,840
- Nontaxable benefits
- $24,152
- Filer's total
- $382,437
-
Kristi HylanKRISTI HYLAN
AVP HOSPITAL OPERATIONS
- Total calculated
- $332,456
- From this org
- $284,526
- From related orgs
- $0
- Other
- $47,930
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $264,516
- Bonus
- $19,470
- Other
- $540
- Deferred
- $26,207
- Nontaxable benefits
- $21,723
- Filer's total
- $332,456
-
Derek OldenDEREK OLDEN
CRNA PRN
- Total calculated
- $347,933
- From this org
- $347,933
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $347,933
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $347,933
-
Jonathan JohnsonJONATHAN JOHNSON
CRNA PRN
- Total calculated
- $306,625
- From this org
- $303,221
- From related orgs
- $0
- Other
- $3,404
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $270,778
- Bonus
- $31,903
- Other
- $540
- Deferred
- $0
- Nontaxable benefits
- $3,404
- Filer's total
- $306,625
-
Chris BurfordCHRIS BURFORD
CRNA PRN
- Total calculated
- $277,046
- From this org
- $277,893
- From related orgs
- $0
- Other
- -$847
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $240,863
- Bonus
- $36,490
- Other
- $540
- Deferred
- $0
- Nontaxable benefits
- -$847
- Filer's total
- $277,046
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- SCH J, PT I, LN 3 - ARRANGEMENT USED TO ESTABLISH TOP MGMT OFFICIAL'S COMP
- ALL OCHSNER LSU HEALTH SYSTEM OF NORTH LOUISIANA'S CEO AND OFFICER COMPENSATION AND BENEFITS ARRANGEMENTS, INCLUDING SALARY AND BONUS INCENTIVE PLANS, ARE REVIEWED BY OCHSNER CLINIC FOUNDATION'S EXECUTIVE TEAM UNDER ITS AGREEMENT TO PROVIDE MANAGEMENT SERVICES. OCHSNER CLINIC FOUNDATION'S EXECUTIVE TEAM IS WITHOUT CONFLICTS OF INTEREST AND USES AN INDEPENDENT EXTERNAL CONSULTANT. APPROPRIATE DATA IS APPLIED TO DETERMINE THE COMPARABILITY OF FAIR MARKET VALUE PAY AND ALL ACTIONS ARE APPROPRIATELY DOCUMENTED.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
LSU HEALTH SCIENCES FOUNDATION SHREVEPORT
$5,000,000
GENERAL ASSISTANCE
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
LSU HEALTH SCIENCES CENTER - SHREVEPORT FACULTY GROUP PRACTICE
501(C)(3) · HEALTH CARE · LA · controlled entity
Directly controlled by OCHSNER LSU HEALTH SYSTEM OF NORTH LOUISIANA
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
BRF HOSPITAL HOLDINGS
HEALTH CARE · LA · income $286 · assets $320,900,809
-
OCHSNER LSU HEALTH SHREVEPORT
HEALTH CARE · LA · income $801,230,466 · assets $440,588,461
Directly controlled by BRF HOSPITAL HOLDINGS LLC
-
OCHSNER LSU HEALTH MONROE
HEALTH CARE · LA · income $132,959,064 · assets $52,192,062
Directly controlled by BRF HOSPITAL HOLDINGS LLC
-
OCHSNER LSU HEALTH SHREVEPORT - ST MARY MEDICAL CENTER LLC
HEALTH CARE · LA · income $116,090,903 · assets $81,488,556
Directly controlled by BRF HOSPITAL HOLDINGS LLC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401359349309570
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