A highly experienced group of professionals has been named as the executive leaders for CommonSpirit Health, the new nonprofit Catholic health system created by the alignment of Catholic Health Initiatives (CHI) and Dignity Health. These leaders will assume their new roles following the completion of the alignment, which is on track to close by Dec
Two leading U.S. health systems – Catholic Health Initiatives (CHI) and Dignity Health – who announced a Definitive Agreement to combine their health ministries in December 2017, have chosen “CommonSpirit Health” as the name of their new organization. The two systems expect to complete the transaction by the end of 2018.
The governing Board of Stewardship Trustees has been selected for the new national, nonprofit Catholic health system that will be created through the alignment of Catholic Health Initiatives (CHI) and Dignity Health. The new board will become effective when the alignment closes.
Catholic Health Initiatives, one of the nation’s largest health systems, continued its steady path in fiscal 2018 toward positive financial results, generating an improvement of nearly $317 million in operating income– a 53% increase over the previous year.
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.
Kevin E. Lofton, the chief executive officer of Catholic Health Initiatives, is ranked No. 77 on Modern Healthcare magazine’s 2018 list of the “100 Most Influential People in Healthcare.”
Catholic Health initiatives helped spearhead an 18-month-long effort to create a diagnostic code that will allow medical professionals to identify victims of human trafficking when they arrive at facilities seeking health care.
Catholic Health Initiatives, one of the nation’s largest nonprofit health systems, has awarded new grants totaling $5.2 million this year to innovative programs designed to build healthy communities. In addition, CHI’s Mission and Ministry Fund will provide $4.1 million this year to earlier grantees supported through multi-year funding, including a
Catholic Health Initiatives continued its ongoing financial-improvement plan in the third quarter of the 2018 fiscal year, posting significant gains in both operating income and operating EBIDA (earnings before interest, depreciation and amortization) during the three-month period ending March 31.
Kevin E. Lofton, Chief Executive Officer of Catholic Health Initiatives, has been named by Modern Healthcare magazine as one of the “Top 25 Minorities Executives in Healthcare.” Lofton, who has led CHI for more than a decade, has been named to all five biennial listings of top minority health care executives since the magazine began the exclusive.
