Indiana University Health Ball Memorial Physicians Inc

Fiscal year ending 2024. Filed on November 13, 2025.

950 N Meridian Street 1200
Suite 300
Indianapolis, Indiana 46204

Indiana University Health Ball Memorial Physicians Inc (EIN: 35-1925641) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Indiana University Health Ball Memorial Physicians Inc, a 501(c)(3) charitable organization, reported compensation for 17 out of 1,122 total employees. Among the employees shown here, the average compensation is $768,163. The highest compensated employee at Indiana University Health Ball Memorial Physicians Inc is Loi K Phuong, M.D. with fiscal year 2024 compensation of $1,922,252.

Revenue, expenses, and employee compensation

Revenue

$136,848,531

Expenses

$222,861,455

Employee compensation

$182,026,144

Reported Compensated Employees

Loi K Phuong, M.D.

$1,897,801 from orgNo related comp$24,451 other

Isa S Canavati, M.D.

$1,450,603 from orgNo related comp$69,944 other

＋10.7%vs 2023

Mohammed E Madmani, M.D.

$1,268,651 from orgNo related comp$60,096 other

Shahnawaz H Qureshi, M.D.

$1,192,747 from orgNo related comp$58,494 other

Michael Koelsch, M.D.

$1,126,692 from orgNo related comp$79,236 other

Jeffrey C Bird, M.D.

Former Director and Officer

$0 from org$1,005,128 from related$176,317 other

＋10.5%vs 2023

Peter M Voss, M.D.

Director/Chair/President/Cpe

$51,629 from org$493,143 from related$67,799 other

Daniel C Lopiccolo, M.D.

$481,261 from orgNo related comp$80,539 other

＋17.3%vs 2023

Jonathan W Vanator

CFO (Ecr) (Part Year) / Treasurer

$468,222 from orgNo related comp$65,683 other

Ryan M Johnston, M.D.

Director / Vice President and CMO (Ecr)

$0 from org$446,201 from related$79,162 other

Michael L Craig

Chief Financial Officer (Part-Year)

$0 from org$375,821 from related$65,857 other

Charles R Routh, M.D.

$296,767 from orgNo related comp$62,572 other

Non-Employee Board Members

Michael J Fisher

Mission Statement

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

Revisions to this organization profile

November 13, 2025:

2024 Indiana University Health Ball Memorial Physicians Inc 990 filed

November 12, 2024:

2023 Indiana University Health Ball Memorial Physicians Inc 990 filed

November 15, 2023:

2022 Indiana University Health Ball Memorial Physicians Inc 990 filed

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