Catholic Health Initiatives · Denver, CO United States
Company Description
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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 Type | Private - Not-for-Profit Headquarters |
| Fiscal Year-End | June |
| 2008 Sales (mil.) | $8,244.6 |
| 2008 Employees | 70,760 |
Catholic Health Initiatives Executives
25 executives listed for Catholic Health Initiatives's Denver, CO location.
| Title | Name & Bio | Contact |
| President and CEO | Kevin Lofton | Network |
| EVP and COO | Michael Rowan | Network |
| SVP Finance and Treasury and CFO | Colleen Blye | Network |
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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