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MarketLine – Company Profile – Catholic Health Initiatives

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Company Profile – Catholic Health Initiatives

Catholic Health Initiatives (CHI or ‘the organization’) is a Catholic health care system in the US. It includes the health care ministries of 12 congregations of sisters. CHI is a non-profit organization providing healthcare services to poor and uninsured. The organization primarily operates in 18 states of the US. It is headquartered in Englewood, Colorado and employed about 88,000 people as of June 30, 2013.

The organization recorded operating revenues of $10,708.2 million during the financial year ended June 2013 (FY2013), an increase of 17.2% over FY2012. The operating loss of the organization was $54.9 million in FY2013, as compared to an operating profit of $311.8 million in FY2012. The net profit (excess of revenues over expenses attributable to the organization) was $489.7 million in FY2013, as compared to a net profit of $95 million in FY2012.

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