Indiana University Health Inc

Organization Overview

Indiana University Health Inc is located in Indianapolis, IN. The organization was established in 1995. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2023, Indiana University Health Inc employed 23,282 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana University Health Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Indiana University Health Inc generated $5.8b in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $5.0b during the year ending 12/2023. While expenses have increased by 6.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Indiana University Health Inc has awarded 338 individual grants totaling $754,438,431. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

LEAD THE TRANSFORMATION OF HEALTHCARE THROUGH QUALITY, INNOVATION & EDUCATION, AND MAKE INDIANA ONE OF THE NATION'S HEALTHIEST STATES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NET PATIENT SERVICE REVENUE: INDIANA UNIVERSITY HEALTH, INC. ("IU HEALTH") IS AN ACADEMIC HEALTH CENTER COMPRISED OF IU HEALTH METHODIST HOSPITAL, IU HEALTH UNIVERSITY HOSPITAL, AND RILEY HOSPITAL FOR CHILDREN AT IU HEALTH (TOGETHER REFERRED TO AS "IU HEALTH ACADEMIC HEALTH CENTER"), IU HEALTH SAXONY HOSPITAL, AND IU HEALTH MORGAN. IT ALSO OFFERS PHARMACY, HOME CARE, OUTPATIENT, AND EMERGENCY TRANSPORT SERVICES THROUGHOUT THE CENTRAL INDIANA AREA. IU HEALTH INCORPORATES A UNIQUE PARTNERSHIP WITH INDIANA UNIVERSITY SCHOOL OF MEDICINE ("IU SCHOOL OF MEDICINE"), ONE OF THE NATION'S LEADING MEDICAL SCHOOLS, TO GIVE PATIENTS ACCESS TO INNOVATIVE TREATMENTS AND THERAPIES, ALL WITHOUT REGARD TO THEIR ABILITY TO PAY. IU HEALTH IS ALSO THE PARENT ORGANIZATION OF THE IU HEALTH SYSTEM, INDIANA'S MOST COMPREHENSIVE HEALTH CARE SYSTEM. IU HEALTH METHODIST AND IU HEALTH UNIVERSITY HOSPITALS IU HEALTH METHODIST AND IU HEALTH UNIVERSITY HOSPITALS, LOCATED IN INDIANAPOLIS, INDIANA, ARE A 1,025-BED ADULT ACADEMIC HEALTH CENTER IN PARTNERSHIP WITH THE IU SCHOOL OF MEDICINE. IU HEALTH METHODIST HOSPITAL AND IU HEALTH UNIVERSITY HOSPITAL ARE DESIGNATED AS MAGNET HOSPITALS, RECOGNIZED FOR EXCELLENCE IN NURSING SERVICES AND HIGH-QUALITY CLINICAL OUTCOMES FOR PATIENTS. IU HEALTH UNIVERSITY HOSPITAL IS A LEADING ACADEMIC MEDICAL CENTER WITH A COMMITMENT TO DISSEMINATING RESEARCH FINDINGS WHILE IMPROVING THE QUALITY OF LIFE FOR PEOPLE ON A LOCAL, REGIONAL, NATIONAL AND INTERNATIONAL BASIS. IU HEALTH METHODIST HOSPITAL AND IU HEALTH UNIVERSITY HOSPITAL BOTH SERVE AN ADULT POPULATION. THESE HOSPITALS LEAD THE WAY IN COMMUNITY BENEFIT INITIATIVES. A SUBSTANTIAL PIECE OF COMMUNITY BENEFIT IS PROVIDING EXCELLENT CARE TO PATIENTS, REGARDLESS OF THEIR ABILITY TO PAY. RILEY HOSPITAL FOR CHILDREN AT IU HEALTH RILEY HOSPITAL FOR CHILDREN AT IU HEALTH, LOCATED IN INDIANAPOLIS, INDIANA, IS A 276-BED CHILDREN'S HOSPITAL THAT IS INDIANA'S LARGEST AND MOST COMPREHENSIVE PEDIATRIC HOSPITAL. IT IS REGULARLY RANKED AMONG THE TOP CHILDREN'S HOSPITALS IN THE COUNTY BY U.S. NEWS & WORLD REPORT'S BEST CHILDREN'S HOSPITALS. IN ADDITION TO CLINICAL EXPERTISE, RILEY HOSPITAL FOR CHILDREN AT IU HEALTH'S PARTNERSHIP WITH THE IU SCHOOL OF MEDICINE ENSURES THAT PATIENTS HAVE ACCESS TO THE MOST INNOVATIVE TREATMENTS AND THE LATEST RESEARCH AND TECHNOLOGY. RILEY HOSPITAL FOR CHILDREN AT IU HEALTH PROVIDES COMPREHENSIVE, FAMILY-CENTERED CARE TO MORE THAN 250,000 CHILDREN ANNUALLY THROUGH ITS STATEWIDE PRIMARY AND SPECIALTY CARE OFFICES, AND INPATIENT AND OUTPATIENT SERVICES AT ITS FLAGSHIP HOSPITAL. PEDIATRIC PATIENTS AND THEIR FAMILIES TRAVEL FROM ALL 92 INDIANA COUNTIES, THE REGION AND THE WORLD TO ACCESS THE NATIONALLY RECOGNIZED CLINICAL PROGRAMS OF RILEY HOSPITAL FOR CHILDREN AT IU HEALTH. RILEY HOSPITAL FOR CHILDREN AT IU HEALTH IS ALSO DESIGNATED AS A MAGNET HOSPITAL, RECOGNIZED FOR EXCELLENCE IN NURSING SERVICES AND HIGH-QUALITY CLINICAL OUTCOMES FOR PATIENTS. IU HEALTH SAXONY HOSPITAL IU HEALTH SAXONY HOSPITAL, LOCATED IN FISHERS, INDIANA, IS A 32-BED SPECIALTY CARE HOSPITAL PRIMARILY FOCUSING ON SURGICAL SERVICES FOR CARDIOVASCULAR AND ORTHOPEDICS. IT OPENED IN 2011 AND INCLUDES SIX OPERATING ROOMS, A FULL EMERGENCY DEPARTMENT, A HELIPAD FOR MEDICAL TRANSPORT AND A MEDICAL OFFICE COMPLEX. IU HEALTH SAXONY HOSPITAL IS ALSO HOME TO THE INDIANA UNIVERSITY HEALTH HIP AND KNEE CENTER. HERE, THE TEAM OF FELLOWSHIP TRAINED SURGEONS PERFORM MORE HIP AND KNEE REPLACEMENTS THAN ANY OTHER IU HEALTH FACILITY IN THE STATE. IU HEALTH MORGAN IU HEALTH MORGAN, AN OUTPATIENT DEPARTMENT OF THE IU HEALTH ACADEMIC HEALTH CENTER LOCATED IN MARTINSVILLE, INDIANA, OFFERS COVERAGE IN ADULT AND PEDIATRIC CARE; SPECIALTY CARE; EMERGENCY AND URGENT CARE; DIAGNOSTIC IMAGING INCLUDING 3D MAMMOGRAPHY; LAB TESTING; OUTPATIENT SURGICAL SERVICES; CANCER CARE, INCLUDING MEDICAL AND RADIATION ONCOLOGY; CARDIAC, PHYSICAL, SPEECH AND OCCUPATIONAL THERAPIES; SLEEP LAB; AND COMMUNITY HEALTH AND WELLNESS, INCLUDING MEDICAL NUTRITION THERAPY AND DIABETES CARE.


LABORATORY SERVICES: THE LABORATORIES OF IU HEALTH OFFER SOME OF THE MOST COMPREHENSIVE LABORATORY SERVICES IN INDIANA. OPEN 24 HOURS A DAY, SEVEN DAYS A WEEK, THE LABORATORIES PERFORM MORE THAN 19 MILLION TESTS A YEAR. IN ADDITION TO IU HEALTH, LABORATORY TESTING SERVICES ARE PROVIDED TO HOSPITALS AND PHYSICIANS ACROSS THE COUNTRY.


SHARED SERVICES REVENUE: AS THE PARENT OF THE INDIANA UNIVERSITY HEALTH SYSTEM, IU HEALTH FACILITATES EFFORTS AND SHARED SERVICES ON BEHALF OF AND FOR THE BENEFIT OF IU HEALTH AND ITS AFFILIATES. CERTAIN COSTS RELATED TO PROVIDING THESE SHARED SERVICES ARE ALLOCATED OUT OR CHARGED TO THE AFFILIATES. FACILITATING THESE EFFORTS AND SERVICES ALLOWS IU HEALTH AND ITS AFFILIATES TO BETTER CARRY OUT THEIR EXEMPT FUNCTIONS BY REDUCING COSTS, HAVING STANDARDIZED PRACTICES AND PROCEDURES, AND CREATING ECONOMIES OF SCALE.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Director/vice-Chair
$37,500
Name Not Listed
Director/president & CEO
$3,987,200
Name Not Listed
Director/vice-Chair
$0
Name Not Listed
Board Chair/director
$50,000
Name Not Listed
Director
$35,000
Name Not Listed
Director
$37,500

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Aya Healthcare Inc
Contract Labor
$303,868,571
Wilhelm-gilbane A Joint Venture
Construction
$207,319,596
Trimedx Llc
Clinical Engineering
$56,898,620
Messer Construction
Construction
$54,792,510
Curis Design Llc
Architectural Services
$49,103,998
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$13,428,520
Government grants $7,279,764
All other contributions, gifts, grants, and similar amounts not included above$11,973,455
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$32,681,739
Total Program Service Revenue$5,379,979,956
Investment income $106,957,300
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $2,494,165
Net Gain/Loss on Asset Sales $183,343,171
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,752,062,837

Grants Awarded

Over the last fiscal year, Indiana University Health Inc has awarded $17,766,577 in support to 41 organizations.

Grant RecipientAmount

100 BLACK MEN INDIANAPOLIS

PURPOSE: Community Benefit

$25,000

ALLEN CHAPEL CORPORATION OF THE AME CHURCH INC

PURPOSE: General support

$15,000

ASPIRE HIGHER FOUNDATION

PURPOSE: General support

$250,000

BOYS & GIRLS CLUBS OF IN

PURPOSE: General support

$40,000

BOYS II MEN INC

PURPOSE: Community Benefit

$12,000

BRIGHTWOOD COMMUNITY CENTER INC

PURPOSE: Community Benefit

$15,000
View Grant Profile

Peer Organizations

Organization NameAssets
Ssm Health Care Of Oklahoma Inc
St Louis, MO
$934,244,377
St Lukes Hospital Of Kansas City
kansas city, MO
$1,070,641,998
Ascension St John Hospital
St Louis, MO
$965,978,781
Advocate North Side Health Network
Oak Brook, IL
$1,040,712,740
Ascension Providence Hospital
St Louis, MO
$867,109,553
Saint Joseph Health System Inc
Lexington, KY
$864,115,504
Uofl Health-Louisville Inc
Louisville, KY
$950,019,808
Indiana University Health Bloomingon Inc
Indianapolis, IN
$772,996,782
Swedishamerican Hospital
Rockford, IL
$778,252,715
University Medical Center Inc
Louisville, KY
$825,548,326
Bellin Memorial Hospital Inc
Green Bay, WI
$746,094,277
Columbia St Marys Hospital Milwaukee Inc
St Louis, MO
$603,582,934
Heartland Regional Medical Center
St Joseph, MO
$710,360,855
Truman Medical Center Incorporated
Kansas City, MO
$736,606,337
Ascension Via Christi Hospitals Wichita Inc
St Louis, MO
$691,162,708
Southern Illinois Hospital Services
Carbondale, IL
$710,354,566
St Vincent Hospital-Hospital Sisters-Third Order Of St Francis
Green Bay, WI
$660,136,111
Aspirus Wausau Hospital Inc
Wausau, WI
$702,469,178
Mercy Health System Corporation
Janesville, WI
$657,550,084
Ashland Hospital Corporation
Ashland, KY
$734,768,924
Memorial Hospital Of South Bend
South Bend, IN
$696,580,941
St Marys Health Inc Dba Ascension
St Louis, MO
$680,827,845
Mercy Hospital South
St Louis, MO
$617,196,385
Union Hospital Inc
Terre Haute, IN
$646,963,271
St John Medical Center Inc
St Louis, MO
$584,279,788

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