Trinity Health Explained

Type:Private (not-for-profit)
Foundation:2000
Location:Livonia, Michigan, U.S.[1]
Key People:Michael Slubowski - President/CEO
James Bentley, Ph.D., Chair, Board of Directors
Area Served:22 U.S. states
Industry:Health care
Services:Hospital management
outpatient centers
senior living communities
home health agencies
Revenue:$18.3 billion USD (FY 2018)
Num Employees:120,000+
Operating Income:$401.3 million (FY 2018)

Trinity Health is an American not-for-profit Catholic health system operating 92 hospitals in 22 states, including 120 continuing care locations encompassing home care, hospice, PACE and senior living facilities. Based in Livonia, Michigan,[2] Trinity Health employs more than 120,000 people including 5,300 physicians.[3]

Sponsored by Catholic Health Ministries,[4] 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 Chicopee is a comprehensive healthcare system that offers a wide range of services to patients in the Chicopee area. The system includes a hospital, a network of outpatient clinics, and a variety of support services.

History

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.

In 2013, Trinity Health and Catholic Health East merged into a single organization.[5] [6]

It acquired St. Mary's Hospital in Waterbury, Connecticut in 2015.[7]

For 2018, revenue increased to $18.3 billion. Total assets of $26.2 billion were recorded, with operating income of $401.3 million.[8] As of June 30, 2018, it had 94 acute care hospitals, and reached 22 states.[9] In September 2018, Trinity Health formed Trinity Health Mid-Atlantic with three other hospitals.[10]

Divisions

Trinity Health's divisions are:[11]

Divestitures

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.[13] Mercy Suburban Hospital, East Norriton Township, Pennsylvania, was sold in March 2015 in a $35 million transaction,[14] and Saint Michael's Medical Center, Newark, New Jersey, was sold to Prime Healthcare in a $62 million bankruptcy sale.[15]

Ethical and religious directives

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.

The following religious communities provide healthcare through Trinity Health:

References

Category:Trinity Health Chicopee

Notes and References

  1. Web site: Crain's Detroit Business : Subscription Center . Crainsdetroit.com . 2015-10-13.
  2. Web site: Crain's Detroit Business : Subscription Center . Crainsdetroit.com . 2015-10-13.
  3. Web site: About Us.
  4. Web site: Board of Directors & Members of Catholic Health Ministries - Trinity Health, Livonia, Michigan (MI) . Trinity-health.org . 2015-06-23 . 2015-10-13.
  5. News: 0885-6613. –22. Harold Brubaker (journalist). Brubaker. Harold . Catholic hospitals' network may grow Catholic Health East has a tentative merger deal with Trinity Health of Michigan.. The Philadelphia Inquirer. 2021-10-16. 2012-10-18.
  6. 0732-0469. Devitt. Caitlin. Trinity Health, Catholic Health East Close Big Merger. Bond Buyer, the (USA). 2021-10-16. 2013-05-03.
  7. http://www.hartfordbusiness.com/article/20180509/news/180509887/trinity-health-opens-3m-center-for-ms-care-research-at-st-marys-hospital "Trinity Health opens $3M center for MS care, research at St. Mary's Hospital."
  8. http://www.trinity-health.org/documents/FY18%20Trinity%20Health%20Financial%20Summary%20and%20MD&A.pdf "Trinity Health FY18 Annual Operating Income Jumps More Than 50% Over Prior Year."
  9. http://www.trinity-health.org/financial-strength "Facts and Figures/Financial Strength."
  10. https://www.mercyhealth.org/about/news/2018/trinity-health-area-hospitals-form-trinity-health-mid-atlantic/ "Trinity Health Aligns Area Hospitals to Form Trinity Health Mid-Atlantic."
  11. Web site: Locations. 2021-10-16.
  12. Web site: Mercy Life Alabama. 2021-10-16.
  13. Web site: Port Huron hospital sale brings name change, improvements. 1 September 2015. Crain's Detroit Business.
  14. Web site: Mercy Suburban Hospital Sale Prime Healthcare . 2015. www.bizjournals.com . 2019-05-23.
  15. Web site: Prime Healthcare takeover of St. Michael's gets final approval needed. Jessica. Perry. 7 April 2016.