Catholic Health Initiatives has joined six other large health systems to establish Civica, a nonprofit generic drug company that will help patients by addressing shortages and high prices of lifesaving medications.
Catholic Health Initiatives, a nonprofit, faith-based health system formed in 1996 through the consolidation of four Catholic health systems, expresses its mission each day by creating and nurturing healthy communities in the hundreds of sites across the nation where we provide care. One of the nation’s largest nonprofit health systems, Englewood, Colo.-based CHI operates in 18 states and comprises 101 hospitals, including two academic health centers, major teaching hospitals and 29 critical-access facilities; community health-services organizations; accredited nursing colleges; home-health agencies; living communities; and other facilities and services that span the inpatient and outpatient continuum of care. In fiscal year 2017, CHI provided more than $1.2 billion in financial assistance and community benefit for programs and services for the poor, free clinics, education and research. Financial assistance and community benefit totaled approximately $2.1 billion with the inclusion of the unpaid costs of Medicare. The health system, which generated operating revenues of $15.5 billion in fiscal year 2017, has total assets of approximately $22 billion.
For additional information or to request an interview, please contact:
Michael Romano
National Director, Media Relations
p: 303-383-2720
e: michaelromano@catholichealth.net
Catholic Health Initiatives has a network of more than 90,000 team members in 18 states all committed to the well-being of each individual we serve. Every hour of every day their unique stories overlap, intersect and become part of our own.
Senior Vice President, Divisional Operations and Chief Executive Officer of CHI St. Luke's Health
Senior Vice President, Divisional Operations, CHI and Chief Executive Officer, CHI Franciscan Health
Senior Vice President, Divisional Operations, CHI and Chief Executive Officer Mercy Health Network
Senior Vice President, Divisional Operations (Nebraska and Southwest Iowa) CEO, CHI Health
Executive Vice President/Chief Administrative Officer and Chief Human Resources Officer
Catholic Health Initiatives has joined six other large health systems to establish Civica, a nonprofit generic drug company that will help patients by addressing shortages and high prices of lifesaving medications.
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