December 2002

Leadership Letter from Patricia A. Cahill, Esq.
President and Chief Executive Officer

Cahill_color Photo

Dear Catholic Health Initiatives Family:

While each year brings its challenges and rewards, I believe that 2002 has been a very good year for Catholic Health Initiatives. There is an abiding sense of well-being in our organization that is both welcome and appreciated after five years of significant and nearly constant change. As I look back on 2002, there are a few organizational achievements that stand out in my mind:

Certainly, one highlight of 2002 was the adoption and implementation of Catholic Health Initiatives’ new strategic plan. The core strategies of quality, people, growth and performance provide a focus for our energies and a constant reminder of the assets and principles that are most important to our organization.

Our Community Benefit Task Force introduced a handbook that guides market-based leaders through a comprehensive approach to community benefit planning, budgeting and reporting. Our ability to quantify community benefit system-wide will strengthen our advocacy efforts and the fulfillment of our mission.

Catholic Health Initiatives was among the first national health systems to join the IMPACT network created by the Institute for Healthcare Improvement. This organization has great potential to help us sustain and improve clinical and operational quality and to share our best practices with others.

Catholic Health Initiatives now has upgraded debt ratings from three major debt rating agencies – Standard & Poor’s, Moody’s Investors Service and Fitch Ratings. The three upgraded Catholic Health Initiatives to AA status, citing sustained improvement in financial performance, strong diversification of facilities and effective management practices.

Our National Leadership Conference again proved to be an uplifting and revitalizing experience for market-based and national staff leaders as well as members of our participating congregations. There is no feeling equal to that of gathering with other members of the Catholic Health Initiatives family to learn, plan and rejoice.

As you celebrate the holy season of Christmas, please know that your daily contributions to the mission and vision of Catholic Health Initiatives are always deeply appreciated not only by me, but by the communities you serve. Your dedication and skill have made quality and compassion the hallmarks of Catholic Health Initiatives. Thank you, and may you and your loved ones experience many blessings during this holiday season.