October 22, 2016 1:16 PM ET

Healthcare Providers and Services

Company Overview of Henry Ford Health System, Inc.

Company Overview

Henry Ford Health System, Inc., a not-for-profit corporation, provides various healthcare services in the United States. It offers services in the areas of addiction treatment, allergy and immunology, anesthesiology, autism and developmental disabilities, bariatric surgery center, behavioral health, cancer, center for integrative medicine, colon and rectal surgery, dermatology, diabetes, emergency, family medicine, gastroenterology, general surgery, genetics, heart and vascular, brain tumor, hospital medicine, infectious diseases, and internal medicine; and endocrinology and bone mineral disorders. The company also provides services in the areas of liver cancer, nephrology and hypertension, ...

1 Ford Place

Detroit, MI 48202-3450

United States

Founded in 1915





Key Executives for Henry Ford Health System, Inc.

Chief Executive Officer and Ex-Officio Trustee
Age: 62
President, Chief Executive Officer of Health Alliance Plan of Michigan and President of Health Alliance Plan of Michigan
Chief Financial Officer, Executive Vice President and Treasurer
Chief Operating Officer and Executive Vice President
Chief Medical Officer, Executive Vice President, Chief Executive Officer of Henry Ford Hospital and President of Henry Ford Hospital
Compensation as of Fiscal Year 2016.

Henry Ford Health System, Inc. Key Developments

Henry Ford Health System Appoints Teresa L. Kline as Executive Vice President, Effective Nov. 21, 2016

Teresa (Terri) L. Kline, a seasoned health care insurance executive, has been selected as Executive Vice President of Henry Ford Health System. She will join the health system on Nov. 21. For the past two years, Terri has led her own firm in Atlanta, Ga., providing strategic consulting, due diligence, and interim management services. Prior to that, she was the Senior Vice President and Chief Health Care Management Officer for Health Care Service Corporation. Terri's leadership experience spans 30 years, and she has served as CEO of CHA Health, President and CEO of UnitedHealthcare of Georgia, and Regional Vice President of Aetna Health Plans in the Southeast.

Henry Ford Health System Restructures All of its Existing Debt

Henry Ford Health System successfully restructured all of its existing debt. The pricing of the system bonds set off a flood of orders totaling $3.6 billion, with a final sale of $1 billion in bonds. Henry Ford is expected to gain more than $125 million in present value savings and a reduction of more than $10 million in annual interest expense from this transaction. The bond issue was used to refinance Henry Ford's existing debt, and did not include any "new money" financing. The interest rate on Henry Ford's new 30 year bonds is 3.7%, with an average total interest cost across all bonds of 3.5%. The bond issue generated $1 billion of proceeds including $853 million of bond par amount, $113 million of bond premium and $38 million of taxable debt.

Henry Ford Health System, Inc. Presents at JPMorgan 34th Annual Healthcare Conference, Jan-12-2016 11:00 AM

Henry Ford Health System, Inc. Presents at JPMorgan 34th Annual Healthcare Conference, Jan-12-2016 11:00 AM. Venue: Westin St. Francis Hotel, 335 Powell Street, San Francisco, California, United States. Speakers: Edward Chadwick, EVP & CFO, Robert G. Riney, Chief Operating Officer, Wright L. Lassiter, President.

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