Corporate Structure And Capital Strategy At Catholic HealthcareWest Balancing mission and margin in the capital-intensive hospital industry
@inproceedings{Robinson2005CorporateSA,
title={Corporate Structure And Capital Strategy At Catholic HealthcareWest Balancing mission and margin in the capital-intensive hospital industry},
author={James C. Robinson and Sandra Dratler},
year={2005}
}
This paper analyzes the evolution of capital investment strategy at Catholic Healthcare West (CHW) between 1996 and 2005, as the forty-hospital system reversed its financial losses and diversified into ambulatory services and high-growth markets. The system developed a formal process for allocating capital among profitable facilities and those providing charitable services in communities with high social needs. Capital priorities shifted from weak facilities in low-growth markets (from 35… CONTINUE READING