Providence Health & Services

Providence Health & Services is a Non-for Profit Catholic health care system operating multiple hospitals across eight states, with headquarters in Renton, Washington. The health system includes 51 hospitals, more than 800 non-acute facilities and numerous other health, supportive housing and educational services in the states of the United States West Coast (Alaska, Washington, Oregon, and California) and Montana, New Mexico, and Texas. Providence Health & Services was founded by the Sisters of Providence in 1859.

Providence Health & Services
IndustryHealthcare
GenreNon-for Profit
Founded1859
Headquarters,
Area served
Western United States
Key people
Rod Hochman MD, President/CEO
Venkat Bhamidipati, CFO
Mike Butler, COO
BJ Moore, CIO
ServicesHealth care and human services: acute care, surgical, family medicine clinics, hospice and home care, nursing homes and transitional care, assisted living, supportive housing
Number of employees
120,000
Websitewww.providence.org

Providence received $509M in CARES Act funding. This represents 0.8 percent of total CARES dollars distributed. When spread across their 51 hospitals, the funding is $10M per hospital, which puts them on par with what was received by the rural hospitals mentioned in the article. Additionally, the Providence system includes several rural and critical access hospitals. Providence is deeply committed to caring for those who are poor and vulnerable. In some parts of Washington state, for example, more than 70 percent of their patients depend on government programs for health insurance or are uninsured. Each year, they invest more than $1.5 billion in community benefit. In Q1 of 2020 alone, they provided $450M in community benefit, including $281M in unpaid Medicaid costs. Providence operates on very narrow margins of 0 to 1 percent, so we can’t count on operating income for viability. Unrestricted cash, which includes assets that are not easily liquidated, is our financial foundation. If they had to sustain their operations on this, it would only last six months due to the cost of operating their facilities 24/7, 365 days a year. Providence executives are taking reduced pay in 2020. The CEO as well as the president of operations both volunteered to take 50 percent pay cuts, while other executives are taking 10 to 20 percent reductions. Because IRS Form 990 reporting requires that they report data that isn't received as take-home pay.

HistoryEdit

Providence Health System was established by the Sisters of Providence, a community of Roman Catholic sisters founded in Montreal, Quebec by Mother Émilie Gamelin in 1843.[1] In 1856, Mother Joseph and four sisters came to Vancouver, Washington (then Washington Territory) to serve the native people and settlers.[1] In 1859, the Sisters incorporated their work, creating the network of health care services known as Providence Health & Services. In 1891, they founded St. Elizabeth Hospital, the Pacific Northwest's first permanent hospital (now PeaceHealth Southwest Medical Center).[2][3] The sisters later established several schools and hospitals in Washington, Montana, Oregon, Alaska, British Columbia, and California.[4]

Providence Health System was managed by the Sisters of Providence until 1979 when a secular president was appointed.[citation needed]

In 2003, Health Management Associates purchased the Providence Health System properties in Central Washington including Providence Yakima Medical Center (formerly St. Elizabeth) and Toppenish Hospital.[2]

Affiliation with Swedish Health Services and Pacific Medical CentersEdit

In 2012, Providence acquired Swedish Health Services in Seattle, Washington. Dr. Rod Hochman, CEO of Swedish Medical Center was hired by Providence Health & Services when Providence affiliated with Swedish in 2012. In April 2013, Dr. Hochman became the president and CEO of Providence.[5]

In 2014, Providence entered in an affiliation with Pacific Medical Centers (PacMed). PacMed joined Swedish as part of Providence's Western HealthConnect division.[6]

Community benefitEdit

In 2011, Providence provided more than $651 million in community benefit, including nearly $204 million in free and discounted care for those who could not afford to pay for care.[7]

SponsorshipEdit

In 2014, Providence signed a sponsorship deal with the Portland Timbers of Major League Soccer giving them the naming rights to the Timbers' stadium, now known as Providence Park.

Environmental initiativesEdit

The company has a program in place designed to reduce the amount of food scraps that it sends to landfills. The program focuses on more accurate food purchasing and preparation practices, composting food scraps and donating edible food to nonprofits. Providence requires the chefs throughout its system to use centrally developed recipes and portion sizes that are designed to reduce waste and improve the nutritional value of the food served. In 2016, the company said, its program helped divert 204 tons of food waste from the landfill.[8]

HospitalsEdit

AlaskaEdit

CaliforniaEdit

 
Providence Tarzana Medical Center

IdahoEdit

MontanaEdit

New MexicoEdit

OregonEdit

 
Providence Newberg Medical Center

WashingtonEdit

 
Providence St. Peter Hospital in Olympia

TexasEdit

Providence Medical GroupEdit

Providence Medical Group operates more than 250 clinics in neighborhoods throughout Alaska, California, Idaho, Montana, Oregon and Washington. Providence Medical Group is part of Providence Health & Services.

Providence Medical Group employs more than 1,600 physicians offering expertise in family medicine, internal medicine, pediatrics, obstetrics/gynecology, dermatology and other specialties.[10]

Other servicesEdit

Providence Health & Services provides outpatient services, transitional care, home and hospice care, substance abuse programs, mental health treatment, prevention and wellness programs, long-term care, and assisted living and housing. Providence Health Plan provides or administers health coverage to more than 375,000 members nationwide.[11]

ReferencesEdit

  1. ^ a b "Providence Health eyes large merger > Spokane Journal of Business". www.spokanejournal.com. Retrieved April 29, 2020.
  2. ^ a b "Sisters of Providence health-care legacy ending". products.kitsapsun.com. Retrieved April 29, 2020.
  3. ^ MEYERS, DONALD (January 20, 2020). "It Happened Here: Sisters of Providence establish St. Elizabeth Hospital". Yakima Herald-Republic. Retrieved April 29, 2020.
  4. ^ The Bell and the River - Mary of the Blessed Sacrament McCrosson - Google Boeken. Books.google.com. Retrieved March 17, 2014.
  5. ^ Bauman, Valerie (March 26, 2013). "Leadership change at Providence Health & Services comes earlier than planned". Puget Sound Business Journal.
  6. ^ Greene, Jay (February 3, 2014). "PacMed agrees to 'secular affiliation' with Providence". The Seattle Times.
  7. ^ "Archived copy" (PDF). Archived from the original (PDF) on April 4, 2013. Retrieved February 19, 2013.CS1 maint: archived copy as title (link)
  8. ^ Cook, Dan (September 26, 2017). "Wasted". Oregon Business Magazine. Archived from the original on September 29, 2017. Retrieved September 28, 2017.
  9. ^ "Providence St. Joseph's Hospital". Retrieved October 15, 2009.
  10. ^ "Providence Health & Services: Continuum of Care: Find Clinics". .providence.org. Retrieved March 17, 2014.
  11. ^ "About Us". Healthplans.providence.org. Retrieved March 17, 2014.

External linksEdit