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Catholic Health Initiatives · Denver, CO United States

Company Description

1999 Broadway Ste. 4000
Denver, CO
80202
United States (Map)
Phone: 303-298-9100
Fax: 303-298-9690
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    For Catholic Health Initiatives (CHI), returning sick people to good health is more than a business -- it's a mission. Formed in 1996 through the merger of three Catholic hospital systems, the giant not-for-profit organization is the second-largest Catholic hospital operator in the US, just behind Ascension Health. It operates more than 70 hospitals and 40 long-term care, assisted-living, and senior residential facilities in 20 states from Washington to Maryland. Its hospitals range from large urban medical centers to small critical-access hospitals in rural areas. All told, the health system has more than 14,000 acute-care beds. It is sponsored by a dozen different congregations of nuns. To read the full description, subscribe now.
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    Key Catholic Health Initiatives Financials

    Company TypePrivate - Not-for-Profit

    Headquarters
    Fiscal Year-EndJune
    2008 Sales (mil.)$8,244.6
    2008 Employees70,760

    Catholic Health Initiatives Executives

    25 executives listed for Catholic Health Initiatives's Denver, CO location.
    TitleName & BioContact
    President and CEOKevin LoftonNetwork
    EVP and COOMichael RowanNetwork
    SVP Finance and Treasury and CFOColleen BlyeNetwork

    Competition

    Competitive Landscape for Catholic Health Initiatives
    Demand for nursing care is linked to the demographics of the US population. The profitability of individual nursing facilities depends on efficient operations, as revenue per patient is largely controlled by the big government insurance programs, Medicare, and Medicaid. Large companies have some economies of scale in administration and purchasing, but small operators can compete effectively by offering better service. The industry is highly labor-intensive: annual revenue per worker is about $55,000. To read the full description, subscribe now.
    Top Catholic Health Initiatives Competitors
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