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MedTech & Diagnostics

Option Care Health Executive Compensation (FY25)

OPCH · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
John Rademacher
Median of the other named officers
$2,177,369
5 officers, excluding the chief executive
Latest say-on-pay support
=
May 20, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of November 4, 2026Latest filing (8-K): May 22, 2026
14 filings cited on this page
A report that fails to generate is refunded in full
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358 figures on this page: 349 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — John Rademacher: $8,222,800 → $9,266,330 (12.7% higher)
CEO pay ratio: 154:1 → 167:1 (8.4% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Option Care Health's chief executive and what were they paid?
Total compensation for John Rademacher, President and Chief Executive Officer, came to $9,266,330 in fiscal 2025. Rademacher's total was 12.7% higher than the $8,222,800 reported for fiscal 2024.
What was Option Care Health's say-on-pay result?
For fiscal 2025, the say-on-pay proposal drew 97.1% support at the meeting held May 20, 2026.
Which companies are in Option Care Health's peer group?
The disclosed peer group includes Acadia Healthcare Company, Inc., AdaptHealth Corp., Addus HomeCare Corporation, agilon health, inc. and Amedisys, Inc., among others.
What is Option Care Health's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 167:1, against median employee compensation of $55,342.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John Rademacher
President and Chief Executive Officer
◇—◇◇◇—◇◇
Michael Shapiro
Chief Financial Officer
◇—◇◇◇—◇◇
Richard Denness
Former Chief Commercial Officer
◇—◇◇◇—◇◇
Collin Smyser
General Counsel and Corporate Secretary
◇◇◇◇◇——◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John Rademacher
President and Chief Executive Officer
◇—◇◇◇—◇◇
Michael Shapiro
Chief Financial Officer
◇◇◇◇◇—◇◇
Luke Whitworth
Chief Operating Officer
◇—◇◇◇—◇◇
Collin Smyser
General Counsel and Corporate Secretary
◇◇◇◇◇——◇
Michael Bavaro
Chief Human Resources Officer
◇◇◇◇◇—◇◇
Richard Denness
Former Chief Commercial Officer
Departed during or after this year
◇—◇◇——◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John Rademacher
President and Chief Executive Officer
◇—◇—◇—◇◇
Michael Shapiro
Chief Financial Officer
◇—◇—◇—◇◇
Luke Whitworth
Chief Operating Officer
◇—◇—◇—◇◇
Collin Smyser
General Counsel and Corporate Secretary
◇—◇—◇—◇— not reconciled
Christopher Grashoff
Chief Growth Officer
◇—◇—◇—◇— not reconciled
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John Rademacher
President and Chief Executive Officer
◇—◇—◇—◇◇
Luke Whitworth
Chief Operating Officer
◇—◇—◇—◇◇
Michael Shapiro
Former Chief Financial Officer
Departed during or after this year
◇—◇—◇—◇◇
Collin Smyser
General Counsel and Corporate Secretary
◇—◇—◇—◇◇
Christopher Grashoff
Chief Growth Officer
◇—◇—◇—◇◇
Meenal Sethna
Chief Financial Officer
◇—◇—◇——◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Christopher L. GrashoffPSU◇◇◇—◇—◇
Christopher L. GrashoffRSU◇——◇——◇
Collin G. SmyserRSU◇——◇——◇
Collin G. SmyserPSU◇◇◇—◇—◇
John C. RademacherPSU◇◇◇—◇—◇
John C. RademacherRSU◇——◇——◇
Luke WhitworthPSU◇◇◇—◇—◇
Luke WhitworthRSU◇——◇——◇
Meenal A. SethnaRSU◇——◇——◇
Michael ShapiroRSU◇——◇——◇
Michael ShapiroPSU◇◇◇—◇—◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
John RademacherOption◇—◇02/22/2033
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇02/22/2033
RSU◇◇——
Option◇—◇02/21/2032
RSU◇◇——
Michael ShapiroRSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇06/30/2026
RSU◇◇——
Option◇—◇06/30/2026
Meenal SethnaRSU◇◇——
Luke WhitworthPSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Option◇—◇02/22/2033
RSU◇◇——
Option◇—◇02/22/2033
RSU◇◇——
RSU◇◇——
Option◇—◇02/17/2032
RSU◇◇——
Collin SmyserPSU◇◇——
PSU◇◇——
PSU◇◇——
Option◇—◇02/22/3033
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇02/22/2033
RSU◇◇——
Option◇—◇05/19/2032
RSU◇◇——
Christopher GrashoffPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇02/22/2033
RSU◇◇——
Option◇—◇02/17/2032
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Michael Shapiro
Former Chief Financial Officer · Severance agreement · dated August 19, 2025
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Christopher Grashoff
Chief Growth Officer · Severance agreement
Severance multiple◇
Benefits continuation◇
Collin Smyser
General Counsel and Corporate Secretary · Severance agreement
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Change-in-control base◇
Benefits continuation on change in control◇
Benefits continuation◇
John Rademacher
President and Chief Executive Officer · Severance agreement
Benefits continuation◇
Luke Whitworth
Chief Operating Officer · Severance agreement
Severance multiple◇
Severance base◇
Benefits continuation◇
Meenal Sethna
Chief Financial Officer · Severance agreement
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Harry M. Jansen Kraemer, Jr
Board chair
◇◇————◇
R. Carter Pate
◇◇————◇
Natasha Deckmann, M.D
◇◇————◇
Norman L. Wright
◇◇————◇
Elizabeth Q. Betten
◇◇————◇
Eric K. Brandt
◇◇————◇
Barbara W. Bodem
◇◇————◇
Elizabeth D. Bierbower
◇◇————◇
Timothy P. Sullivan
◇◇————◇
David W. Golding
◇◇————◇
John C. Rademacher served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as restricted stock units.
Stock ownership guideline: 3x annual cash retainer for Board service

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Acadia Healthcare Company, Inc. ACHC
  • AdaptHealth Corp. AHCO
  • Addus HomeCare Corporation ADUS
  • agilon health, inc. AGL
  • Amedisys, Inc. AMED
  • AMN Healthcare Services, Inc. AMN
  • BrightSpring Health Services, Inc. BTSG
  • Chemed Corporation CHE
  • DaVita Inc. DVA
  • Encompass Health Corporation EHC
  • Enhabit Inc. EHAB
  • Labcorp Holdings Inc. LH
  • Owens & Minor, Inc. ACH
  • Patterson Companies, Inc. PDCO
  • Quest Diagnostics Incorporated DGX
  • Select Medical Holdings Corporation SEM
  • Surgery Partners, Inc. SGRY
  • The Ensign Group, Inc. ENSG

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 20, 2026=◇◇◇
2024May 14, 2025=◇◇◇
2023May 15, 2024=◇◇◇
2022May 17, 2023=◇◇◇
2021May 18, 2022=◇◇◇
2020May 19, 2021=◇◇◇
2019May 22, 2020=◇◇◇
2017May 3, 2018=◇◇◇
2016May 2, 2017=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- John Rademacher (President and Chief Executive Officer), FY2025 total compensation $9,266,330 (base salary $1,000,000) [exec_comp, SEC accession 0001140361-26-013825, filed 2026-04-08]

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What this page does not include

Everything above is a fact Option Care Health disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Option Care Health sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
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Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
358 figures on this page: 349 cited to the filing that reported them, 9 calculated from figures it prints.
349 cited to the filing
9 calculated from the filing

Documents cited

  1. 0001014739-26-000017
    Non-Votes 149,076,945 1,132,306 49,362 N/A 3.
  2. 0001140361-26-013825
    2025 Non-Employee Director Compensation · 2025 Non-Employee Director Compensation Program · CEO Pay Ratio · Grants of Plan-Based Awards · and 1 more section
  3. 0001104659-25-080912
    EXHIBIT 10.2
  4. 0001014739-25-000028
  5. 0001140361-25-011852
    Executive Compensation Tables
  6. 0001014739-24-000025
  7. 0001140361-24-017579
    Executive Compensation Tables
  8. 0001014739-23-000022
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001014739-22-000028
  11. 0001014739-21-000024
  12. 0001104659-20-067097
  13. 0001144204-18-025220
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0001144204-17-024374
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
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Velarion, “Option Care Health executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/OPCH (accessed 2026).
Short form: data: Velarion

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14 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
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MedTech & Diagnostics rankings

Chief executive pay — MedTech & DiagnosticsCEO pay ratio — MedTech & DiagnosticsSay-on-pay support — MedTech & Diagnostics

Peers Option Care Health discloses

The companies named in OPCH's own disclosed peer group.

Acadia Healthcare Company, Inc.AdaptHealth Corp.Addus HomeCare Corporationagilon health, inc.AMN Healthcare Services, Inc.BrightSpring Health Services, Inc.Chemed CorporationDaVita Inc.Encompass Health CorporationEnhabit Inc.Labcorp Holdings Inc.Owens & Minor, Inc.Patterson Companies, Inc.Quest Diagnostics IncorporatedSelect Medical Holdings CorporationSurgery Partners, Inc.The Ensign Group, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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