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July 04, 2015 5:40 AM ET

Healthcare Providers and Services

Company Overview of Catholic Health Initiatives

Company Overview

Catholic Health Initiatives operates as a nonprofit health system in the United States. It sponsors market-based organizations and other facilities in 19 states comprising 105 hospitals, including 4 academic medical centers, and 30 critical access facilities; community health service organizations; accredited nursing colleges; home health agencies; and other facilities that span the inpatient and outpatient continuum of care. The company was founded in 1996 and is headquartered in Englewood, Colorado.

198 Inverness Drive West

Englewood, CO 80112

United States



Key Executives for Catholic Health Initiatives

Chief Executive Officer and Member of Board of Stewardship Trustees
Age: 60
Chief Financial Officer and President of Enterprise Business Lines
Age: 54
Chief Operating Officer and President of Health System Delivery
Age: 57
Senior Vice President of Divisional Operations and Chief Executive Officer of Mercy Health Network, Des Moines
Senior Vice President and Chief Executive Officer of CHI Health
Age: 53
Compensation as of Fiscal Year 2015.

Catholic Health Initiatives Key Developments

Catholic Health Initiatives Announces Earnings Results for the Second Quarter of 2015

Catholic Health Initiatives announced earnings results for the second quarter of 2015. For the quarter, the company's earnings before interest, depreciation and amortization, excluding business combination gains and before restructuring were $290.5 million for the second quarter, a 7.5% operating EBIDA margin. Operating revenue was $4.3 billion, compared to $3.5 billion in the first quarter, nearly 20% increase. The company's operating income before restructuring, including gains from business acquisitions of $406 million related to two health systems now part of CHI was $419.9 million in the second quarter ending December 31, 2014.

Catholic Health Initiatives to Lay Off 1,500 Workers Nationally

Catholic Health Initiatives has begun the process of laying off about 1,500 employees across the country. The layoffs will focus on administrative and support staff and will continue through the end of January 2015.

Catholic Health Initiatives Presents at 33rd Annual J.P. Morgan Healthcare Conference, Jan-12-2015 10:30 AM

Catholic Health Initiatives Presents at 33rd Annual J.P. Morgan Healthcare Conference, Jan-12-2015 10:30 AM. Venue: Westin St. Francis Hotel, San Francisco, California, United States. Speakers: J. Dean Swindle, Chief Financial Officer and President of Enterprise Business Lines, John F. DiCola, Executive Vice President of Enterprise Strategic Development, T. Clifford Deveny, Senior Vice President of Physician Services & Clinical Integration.

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