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Trinity Health (Livonia, Michigan)

Trinity Health is an American not-for-profit Catholic health system operating 93 hospitals in 22 states, including 120 continuing care locations encompassing home care, hospice, PACE and senior living facilities. Based in Livonia, Michigan,[3] Trinity Health employs more than 120,000 people including 5,300 physicians.[4] Sponsored by Catholic Health Ministries,[5] Trinity Health operates facilities in the US states of Alabama, California, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Maine, Maryland, Massachusetts, Michigan, Nebraska, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania and South Dakota.

Trinity Health
Private (not-for-profit)
IndustryHealth care
Founded2013
HeadquartersLivonia, Michigan[1]
Area served
22 U.S. states
Key people
Michael Slubowski - President/CEO
James Bentley, Ph.D., Chair, Board of Directors
ServicesHospital management
outpatient centers
senior living communities
home health agencies
Revenue$18.3 billion USD (FY 2018)[2]
$401.3 million (FY 2018)[2]
Number of employees
120,000+
ParentSaint Joseph Mercy Health System Edit this on Wikidata
Websitewww.trinity-health.org

HistoryEdit

In May 2000, Trinity Health was formed through a merger between Holy Cross Health System in South Bend, Indiana, and Mercy Health Services in Farmington Hills, Michigan. The new organization initially comprised 25 health ministries across seven states—California, Idaho, Indiana, Iowa, Maryland, Michigan, and Ohio—with 45,000 employees and 7,000 physicians. Trinity Health’s headquarters were established first in Farmington Hills, Michigan, and later in Novi, Michigan. At the time, Trinity Health was the 10th largest health system in the nation and the fourth largest Catholic health care system in the country, by total number of hospitals and total bed count, respectively. It operated 47 acute-care hospitals, 432 outpatient facilities, 32 long-term care facilities, and numerous home health offices and hospice programs in 10 states.

It acquired St. Mary's Hospital in Waterbury, Connecticut in 2015.[6]

For FY 2018, revenue increased to $18.3 billion. Total assets of $26.2 billion were recorded, with operating income of $401.3 million.[2] As of June 30, 2018, it had 94 acute care hospitals, and reached 22 states.[7] In September of 2018, Trinity Health formed Trinity Health Mid-Atlantic with three other hospitals.[8]

DivestituresEdit

In 2015, Trinity divested three of their financially struggling facilities to for-profit Prime Healthcare Services. This included St. Joseph Mercy Port Huron Hospital in Port Huron, Michigan, which sold September 2015 in a $37.5 million transaction.[9] Mercy Suburban Hospital, East Norriton, Pennsylvania, was sold in March 2015 in a $35 million transaction,[10] and Saint Michael's Medical Center, Newark, New Jersey, was sold to Prime Healthcare in a $62 million bankruptcy sale.[11]

Ethical and religious directivesEdit

As a Catholic health care provider, Trinity Health hospitals follow the Ethical and Religious Directives for Catholic Health Care Services issued by the United States Conference of Catholic Bishops. The directives guide health care facilities in making decisions about care and services in a way that is consistent with Catholic beliefs.

ReferencesEdit

  1. ^ "Crain's Detroit Business : Subscription Center". Crainsdetroit.com. Retrieved 2015-10-13.
  2. ^ a b c "Trinity Health FY18 Annual Operating Income Jumps More Than 50% Over Prior Year." (Trinity Health) (June 30, 2018) Retrieved March 3, 2019.
  3. ^ "Crain's Detroit Business : Subscription Center". Crainsdetroit.com. Retrieved 2015-10-13.
  4. ^ "About Us".
  5. ^ "Board of Directors & Members of Catholic Health Ministries - Trinity Health, Livonia, Michigan (MI)". Trinity-health.org. 2015-06-23. Retrieved 2015-10-13.
  6. ^ "Trinity Health opens $3M center for MS care, research at St. Mary's Hospital." (Hartford Business) (May 9, 2018) Retrieved March 3, 2019.
  7. ^ "Facts and Figures/Financial Strength." (Trinity Health) Retrieved March 3, 2019.
  8. ^ "Trinity Health Aligns Area Hospitals to Form Trinity Health Mid-Atlantic." (Mercy Health System) (September 27, 2018) Retrieved March 3, 2019.
  9. ^ "Port Huron hospital sale brings name change, improvements". Crain's Detroit Business. 1 September 2015.
  10. ^ "Mercy Suburban Hospital Sale Prime Healthcare". www.bizjournals.com. 2015. Retrieved 2019-05-23.
  11. ^ Perry, Jessica (7 April 2016). "Prime Healthcare takeover of St. Michael's gets final approval needed".