Old acquaintances...

As we move toward a stronger relationship with Centura here are some facts on them and what they have to offer. 

WHO – Centura Health is a joint venture between Adventist Health System a mid-west and southern hospital system with net revenues in excess of $6.5 Billion and Catholic Health Initiatives (CHI) a national hospital system that has net revenues in excess of $10.5 Billion, which puts them in the top 10 not-for-profit hospital systems in the country. Centura and Adventist/CHI are faith based organizations and all share the common mission of “promoting the healing ministry of Christ.”  Centura and Adventis/CHI work with a lot of affiliate hospitals, and while it is faith based, they do not require affiliated organizations to comply with are parts of their operating dogma.  Centura Health is the largest healthcare system in Colorado with net revenues exceeding $2.5 Billion, with hospital’s throughout the state and provide other healthcare services, including home health, nursing home care, and other ancillary services. http://www.centura.org/

 

WHY

·        Proximity to St. Anthony’s and St. Anthony’s Summit.

·        Well positioned geographically in the intermountain and front range to take advantage of population based medicine (See: Map of Centura CAH’s) and has a growing presence on the eastern side of the state with affiliate and owned hospitals in Western Kansas (http://www.centura.org/Workfiles/maps/CH-map-AllFacilities.pdf)

·        Annual per-capita spending on healthcare in the U.S. exceeds $8,233 per  person or $123,495,000 in Grand County alone. Total population in the Centura affiliate hospital counties exceed 150,000 with net healthcare expenditure in excess of $1.3 Billion. This doesn’t even include the tourism base that consumes another $100,000,000 in healthcare while vacationing in affiliate counties (Jackson, Grand, Summit, Alamosa, Chaffee, Clear Creek, Costilla, Fremont, Lincoln, and Park). Adjacent counties hold an additional 250,000 people.  Gaining a larger market share for MPMC in our area would be momentous. 

·        Centura 2020 mission to move upstream to help  http://www.centura.org/move-upstream-to-manage-health

·        Improved revenue cycle management (ICD-10, HIPPA compliance, value based purchasing, HCAPS)

·        Process efficiencies and economies of scale that would reduce costs  dramatically. 

• New agile leadership to respond quickly to the needs of MPMC

·        Expanded service lines (Surgical, inpatient, home health, nursing home, etc.)

     ·        Access to high end services like legal, consulting, marketing, accounting, etc.

·        Improved viability as we face Affordable Care Act, ICD-10, Value Based Purchasing and Pay for Performance, Elimination of CAH Payments, Patient Centered Medical Home, etc.