How Much Money Did Spectrum Health Lose With C Ratings?

by | Last updated on January 24, 2024

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Parent Company. Spectrum is part of a larger healthcare organization called TeamHealth® .

Is Spectrum Health the same as priority health?

Spectrum Health owns a 93.9 percent share of Priority Health .

What EMR does Spectrum Health use?

Spectrum Health & Human Services has selected Cerner, a global leader in health care technology, to implement an electronic health record (EHR) and revenue cycle solutions through the Cerner IntegratedTM – Community Behavioral Health deployment model designed to meet the unique needs of organizations that treat ...

What does Spectrum Health do?

About Spectrum Health

Our award-winning team improves health, inspires hope, and saves lives across 13 counties in West Michigan . We bring together 11 hospitals, three rehabilitation and nursing centers, 120 outpatient sites, and telehealth services.

Is Spectrum Health hospital a non profit?

Spectrum Health is a not-for-profit health system that provides care and coverage, comprising 31,000+ team members, 14 hospitals (including Helen DeVos Children’s Hospital), a robust network of care facilities, teams of nationally recognized doctors and providers, and the nation’s third-largest provider-sponsored ...

Is Spectrum Health tax exempt?

Both Spectrum Health Foundation and Helen DeVos Children’s Hospital Foundation are qualified charities with I.R.S. code 501(c)(3) status .

When did Blodgett and Butterworth merge?

It also provides primary care and limited secondary care services, but no tertiary care services. All parties agree that Butterworth and Blodgett are prospering, well-managed hospitals. At the end of May 1995 , the governing boards of the two hospitals unanimously voted to merge the two organizations.

Is Munson hospital part of Spectrum Health?

Munson Healthcare and Spectrum Health Discussing Possible Long Term Integration. Two of Michigan’s leading health care organizations today announced they are working to come together to deliver regional, quality driven health care in the decades ahead to communities across northern and western Michigan.

What year did Blodgett and Butterworth merge?

Spectrum Health is formed after a 1996 decision by the U.S. District Court, which approved the merger of Blodgett Memorial Medical Center and Butterworth Health Corporation.

Who owns Teamhealth?

Parent organizations

What hospitals are part of Spectrum Health in Michigan?

  • Spectrum Health Hospitals Helen DeVos Children’s Hospital.
  • Spectrum Health Big Rapids Hospital.
  • Spectrum Health Hospitals Blodgett Hospital.
  • Spectrum Health Hospitals Butterworth Hospital.
  • Spectrum Health Gerber Memorial.

How much money does the CEO of Spectrum Health make?

Spectrum Health CEOS earn $164,000 annually, or $79 per hour , which is 30% higher than the national average for all CEOS at $121,000 annually and 85% higher than the national salary average for ​all working Americans.

How much does the CEO of Spectrum Health make?

Breon, Spectrum’s current president and CEO, received $9.5 million in compensation in 2017, IRS records show. More than $6 million of that was categorized on the IRS filing as bonus and incentive compensation.

What does Tina Freese Decker make?

Power metrics: Freese Decker leads an $8.3 billion enterprise with 31,000 employees, 4,700 physicians and advance practice providers, 14 hospitals and Priority Health. In 2020, Spectrum Health dedicated $100 million over 10 years in health equity funding.

How did Butterworth Hospital get its name?

The hospital was completed in 1890 and a training school for nurses was established. The first class, consisting of six members, was graduated in 1893. On January 18, 1894, the name was changed to Butterworth Hospital, in memory of him who had made possible a shelter for the sick .

Who owns Munson Hospital in Traverse City Michigan?

Owned by CHE Trinity Health , both hospitals have been managed by Munson Healthcare for more than 11 years and affiliated for nearly 16 years.

How many hospitals does Munson own?

Munson Healthcare is a system of nine community hospitals located throughout northern Michigan.

How many employees does Munson have?

Munson Medical Center is the largest of nine Munson Healthcare system hospitals located throughout northern Michigan. It has a medical staff of 420 physicians representing more than 50 specialty services and employs 3,700 people .

James Park
Author
James Park
Dr. James Park is a medical doctor and health expert with a focus on disease prevention and wellness. He has written several publications on nutrition and fitness, and has been featured in various health magazines. Dr. Park's evidence-based approach to health will help you make informed decisions about your well-being.