September 26, 2016 10:20 PM ET

Healthcare Providers and Services

Company Overview of Norton Healthcare, Inc.

Company Overview

Norton Healthcare, Inc. operates hospitals, immediate care centers, and physicians practice locations that serve residents in Kentucky and Southern Indiana. It offers services in the areas of bariatric and weight management, cancer care, cardiology, diabetes and endocrine, diagnostic tests and imaging, gastroenterology, infectious disease, men's health, neurology and neurosurgery, obstetrics, occupational medicine, orthopedics, pain management, pediatric services, prevention and wellness, and pulmonology, as well as kidney, bladder, and urinary care. The company also offers services in the areas of rehabilitation and therapies, research and clinical trials, senior care, sleep disorders, smok...

224 East Broadway

2nd Floor

Louisville, KY 40202

United States

Founded in 1886





Key Executives for Norton Healthcare, Inc.

Chief Executive Officer and Trustee
Age: 65
Chief Financial Officer and Senior Vice President
Division President of Adult Services and Chief Executive of Norton Neuroscience Institute
President of Kosair Children's Hospital and Pediatric Services
Age: 54
Compensation as of Fiscal Year 2016.

Norton Healthcare, Inc. Key Developments

Court Rules Against Norton Healthcare, Inc. in Complex Pension Case

The U.S. District for the Western District of Kentucky ruled against Norton Healthcare Inc.'s pension plan in a complex legal battle that involves how payments to a class of early retirees were calculated. The case involves an Employee Retirement Income Security Act pension dispute between health system's pension plan and a class of early retirees. There are a few issues in this case, originally filed in 2008, but a big one surrounds the formula for calculating the pensioners' retirement income. The pensioners think they were underpaid. The retirees elected to receive their payments in lump-sum installments, but they argued that the way Norton calculated those installments didn't adjust for increases in the cost of living. Norton didn't include the value of early retirement subsidies in its calculation and didn't use the formula it should have under the early retirement plan. On Oct. 31, 2013, the court granted, in part, the retirees' request for summary judgment. Their retirement payments would be recalculated to include cost-of-living adjustments, but not the subsidies for early retirement.

Norton Healthcare, Inc. Presents at JPMorgan 34th Annual Healthcare Conference, Jan-11-2016 03:30 PM

Norton Healthcare, Inc. Presents at JPMorgan 34th Annual Healthcare Conference, Jan-11-2016 03:30 PM. Venue: Westin St. Francis Hotel, 335 Powell Street, San Francisco, California, United States. Speakers: Michael W. Gough, Chief Financial Officer and Senior Vice President, Russell F. Cox, President and Chief Operating Officer.

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Recent Private Companies Transactions

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