Spectrum Health System

Spectrum Health System

Spectrum Health System

Overview
Date Founded

1997

Headquarters

100 MICHIGN ST NE GRAND RAPIDS MI 49503-2560

Charitable Causes

Hospitals & Health Centers
Philanthropy, Voluntarism, and Grantmaking Foundations

Employees (Worldwide)

4,580

Industries

Hospitals & Patient Services

Company Description

Spectrum Health System operates a system of general hospitals. The firm provides a unique and personalized home care experience of nursing, personal support and home making services. The company was founded in 1997 and is headquartered in Grand Rapids, MI.

Contact Data
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Executives & Employees

Owner

President & Chief Executive Officer

Chairman

Executive Director

Executive Director

Senior Vice President & Chief Financial Officer

Secretary, Senior Vice President, Chief Legal Officer

Chief Quality Officer & Senior Vice President

Executive Vice President, Special Projects

Board of Directors

Founder at Regional Air Alliance of West Michigan

Executive Director at Herman and Frieda L. Miller Foundation

Regional President, West Michigan at The PNC Financial Services Group, Inc.

Professional at DTE Energy Co.

Managing General Partner at Hopen Life Sciences LLC

President & Chief Executive Officer at Roman Manufacturing, Inc.

Director at Spectrum Health System

Program Director at Spectrum Health Hospitals

Former Senior Vice President at Ascension Health

Director at Spectrum Health System

Paths to Spectrum Health System
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Spectrum Health System
Recent Transactions
Details Hidden

Spectrum Health System purchases Lakeland Healthcare, Inc.

Details Hidden

Spectrum Health System purchases MEMORIAL MEDICAL CENTER OF WEST MICHIGAN

Advisors & Consultants
Auditor

Ernst & Young LLP engages in the provision of assurance, tax, transactions, and advisory services. It offers audit, business risk, technology, security risk, and human capital services. The company was founded by Arthur Young and Alwin C. Ernst in 1989 and is headquartered in New York, NY.

Consultant

Trizetto Corp. provides information technology solutions for healthcare industry. It offers patient access, claims management, denials management, contract management, contract management, and patient financial. The company was founded by Jeffrey H. Margolis in 1997 and is headquartered in Englewood, CO.

Consultant

Open Systems Technologies, Inc. provides information technology consulting services. Its solutions include advisory services, data center solutions, application development, managed services, recruiting solutions, and data analytics. The company was founded by Daniel W. Behm and James VanderMey in January 1997 and is headquartered in Grand Rapids, MI.

Clients

TO PROVIDE HEALTH CARE SERVICES TO MEDICAID RECIPIENTS AND LARGE AND SMALL GROUP EMPLOYERS THROUGH CONTRACTS WITH VARIOUS PHYSICIAN GROUPS, HOSPITALS, AND OTHER HEALTH CARE PROVIDERS.

The Hospital's primary mission is to provide healthcare services to the citizens of Barry County. All activities associated with this purpose are included in determination of the operating income. Net assets of the hospital are generally unrestricted and are available for the delivery of healthcare services, with the exception of contributions from individual donors, which are temporarily restricted for the purpose intended by the donor. The hospital provides care to all patients regardless of their ability to pay. Patients who meet certain criteria under its charity care policy receive care without charge or at amounts less than established rates. Because the hospital does not pursue collection of amounts determined to qualify as charity care, they are not reported as revenue.

TO ADVANCE THE DELIVERY AND COORDINATION OF HEALTH CARE ACROSS MICHIGAN THROUGH COLLABORATIVELY LEVERAGING INFORMATION TECHNOLOGY AND CLINICAL DATA EXCHANGE.

Key Stats and Financials As of 2016
Market Capitalization
Total Enterprise Value
Earnings Per Share
Revenue
$647M
Political Donations
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