Memorial Health

What Memorial Health does

Memorial Health is a not-for-profit, independently governed regional health system headquartered in Marysville, Ohio, founded in 1952 as Memorial Hospital of Union County and restructured under its current name in 2014. The system operates a 99-bed acute and primary care hospital supported by Memorial City Gate Medical Center, Memorial Hospital Outpatient Surgery Center, Memorial Hospital Outpatient Pavilion, multiple outpatient medical centers across Marysville, Plain City, Jerome, Urbana, Richwood, and Damascus, and a Memorial Medical Group of 53+ physicians and mid-level providers. It runs 60+ service lines including emergency care, oncology, orthopedics, women's health, wound care, and rehabilitation, with strategic differentiation anchored in the James Cancer Network affiliation to OSUCCC – James for clinical trials and multidisciplinary case reviews.

Underlying technology is conventional healthcare IT rather than proprietary IP: an Electronic Medical Record with a MyChart patient portal, a HealthLine supply chain management platform acquired through Medsphere in August 2025, and specialized clinical assets such as Genius 3D Mammography units across three locations. Memorial monetizes through fee-for-service patient care across 60+ service lines, supplemented by philanthropic contributions via the Memorial Health Foundation (a 501(c)(3) established in 2014) and targeted financial assistance programs such as the Oncology Patient Financial Assistance offering up to $800/year for co-pays and $400/year for transportation.

Memorial serves residents of Union County and five surrounding counties — Logan, Champaign, Madison, Delaware, Hardin, and Marion — a primary service area of approximately 98,000 individuals, and explicitly positions itself as independent in an era of hospital consolidation. 2025 gross corporate revenue was $626 million with nearly 1,200 employees and 418+ medical staff providers. Strategic priorities include the April 2026 opening of Memorial Jerome Medical Center, a $56 million Emergency Department renovation and expansion set to break ground in 2026, and a leadership transition from CEO Chip Hubbs (retiring January 2027) to President Spencer Fisher effective January 2026.

Name

Memorial Health

Legal name

Memorial Hospital

Website

https://memorialohio.com

Company type

Private

Founded year

1952

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Memorial Health is an independent, not-for-profit regional health system in Marysville, Ohio, operating a 99-bed acute hospital plus 30+ outpatient sites serving Union County and five surrounding counties (~98,000 residents) with 60+ service lines including oncology, emergency, and primary care.

Ownership category

akta.pro rank

Product category

Acute Care Hospital Services

NAICS

Ambulatory Health Care Services (621), Home Health Care Services (62161), Other Outpatient Care Centers (62149), Specialty (except Psychiatric and Substance Abuse) Hospitals (622310)

SIC

Services-Hospitals (8060), Services-General Medical & Surgical Hospitals, Nec (8062), Services-Home Health Care Services (8082), Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Specialty Outpatient Facilities, Nec (8093)

akta.pro primary industry

Hospital-Integrated Cancer Centers (Acute Oncology Programs) (HLAFAAAM)

akta.pro secondary industries

Ambulatory Oncology Centers (Outpatient Chemo/Radiation) (HLAFABAI), Skilled Home Health (Medicare-Certified) Agencies (HLAFAEAA)

Keywords

• Acute care hospital
• Cancer treatment services
• Primary care physicians
• Emergency medical services
• Outpatient specialty care

Headquarters

HQ city

Springfield

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Patient Care Services: Acute care hospital services, outpatient services, emergency department, diagnostic services, surgical services, and specialty care across 60+ service lines
2. Memorial Health Foundation Donations: Philanthropic contributions through the Memorial Health Foundation (501(c)(3)), including annual giving, planned giving, tribute gifts, and signature events like the Memorial Golf Classic

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Memorial Health operates a 99-bed acute care hospital in Marysville, Ohio, supported by an outpatient pavilion, urgent care centers, a medical group of 53+ physicians, and specialty centers providing primary, emergency, surgical, oncology, orthopedic, cardiac, and women's health services to a primary service area of 98,000 residents across Union and surrounding counties. The system delivers cancer care through a partnership with The Ohio State University Comprehensive Cancer Center – James Cancer Network and is supported by the Memorial Health Foundation, a 501(c)(3) charitable entity.

Differentiator

Problem solved

Functional benefit

Brands

• Memorial City Gate Medical Center: Outpatient facility housing Urgent Care, Physical Therapy & Sports Medicine, Orthopedics & Sports Medicine medical practice, Imaging, and Laboratory testing
• Memorial Medical Group
• Memorial Health Foundation
• Memorial Hospital Outpatient Surgery Center
• Memorial Cancer Center
• The James Cancer Network
• Memorial Gables

Products and services

• Memorial Hospital (Acute Inpatient Care)
• Memorial Urgent Care
• Memorial Medical Group
• Memorial Cancer Center

Quantifiable outcome

• Patient navigators saved patients over $2.5 million in 2022 through grants, foundations, and free drug programs
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• The Ohio State University Comprehensive Cancer Center – James Cancer Hospital and Solove Research Institute (OSUCCC – James)coreStrategic or Co-development PartnerMemorial Health is a member of The James Cancer Network, providing patients access to one of the nation's leading cancer research and care providers. The partnership enables access to clinical trials, case reviews with OSUCCC – James specialists, and state-of-the-art cancer care while allowing patients to receive treatment locally.

Scale indicators10 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Licking Memorial Health Systems: Independent community health system in Newark, Ohio, with a comparable mix of acute care, outpatient, home health, and physician group services. Closest peer in scale, structure, and rural Ohio community-hospital model.
• Fairfield Medical Center: Independently owned community hospital in Lancaster, Ohio, with similar acute care, outpatient, and specialty service breadth across a comparable-sized Ohio county catchment. Closest structural analog to Memorial's single-anchor community hospital model.
• Avita Health System: Independent community health system serving north-central Ohio counties (Galion, Bucyrus, Ontario) with acute care, outpatient, and specialty services. Closest direct peer to Memorial in scale, rural Ohio geography, and independent multi-site operating model.
• Adena Health System: Independently operated regional health system in Chillicothe, Ohio, serving a similar rural/semi-rural multi-county catchment with comparable acute care, oncology, and outpatient service mix. Highly comparable on independence posture, scale, and community focus.
• Holzer Health System: Independent, community-based health system in southeastern Ohio operating multiple hospital and clinic locations. Highly comparable as an independent Ohio health system serving rural counties with full-service acute and outpatient care.

Broad incumbents

• OhioHealth: Large not-for-profit Ohio health system operating multiple hospitals and outpatient sites across central Ohio. Directly competes with Memorial in the greater Columbus/Union County corridor and represents the most likely consolidation partner given geographic overlap and Memorial's explicit independence stance.
• Kettering Health: Multi-hospital, faith-based health system based in Dayton, Ohio, with comparable community-hospital DNA but materially larger scale. Represents a potential affiliation reference point as Memorial weighs system partnership options.
• Bon Secours Mercy Health: Large Catholic regional health system with significant Ohio footprint, including Mercy Health hospitals. Competes in central Ohio for patients and physicians and would be a logical system-affiliation candidate given Memorial's community service mission.
• ProMedica: Large regional Ohio/national health system headquartered in Toledo with extensive hospital, post-acute, and physician network. Operates at materially larger scale but competes with Memorial for tertiary referrals and physician talent in Ohio.
• Mount Carmel Health System: Trinity Health-owned regional hospital system in Columbus, Ohio. Direct geographic competitor in the greater Columbus service area and a key reference point for Memorial's market position against large system entrants.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/watch?v=MddJJpgggnE
• Facebookfacebook.com/memorialohio
• LinkedInlinkedin.com/company/memorial-health-marysville-oh
• Xx.com/memorialohio

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Memorial Health