CommonSpirit Health

OverviewSuggest Edit

CommonSpirit Health is a nonprofit Catholic health system. It serves people through the work of medical specialists, hospitals and other care centers, charity, community benefits, and government program services.
TypePrivate
Founded2019
HQChicago, IL, US
Websitecommonspirit.org
Employee Ratings3.5

Latest Updates

Employees (est.) (Aug 2022)25,950
Job Openings7,788
Revenue (FY, 2021)$33.3 B(+13%)
Cybersecurity ratingAMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at CommonSpirit Health

Lloyd H. Dean

Lloyd H. Dean

Chief Executive Officer, Board Member
Charlie Francis

Charlie Francis

Senior Executive Vice President, Chief Strategy and Transformation Officer
Rosalyn Carpenter

Rosalyn Carpenter

Senior Vice President, Diversity and Inclusion
Thomas Kopfensteiner

Thomas Kopfensteiner

Senior Executive Vice President, Chief Mission Officer
Mitch Melfi

Mitch Melfi

Senior Executive Vice President, Chief Legal Officer
Michelle Cooper

Michelle Cooper

Executive Vice President, Chief Compliance Officer
Show more

CommonSpirit Health Office Locations

CommonSpirit Health has an office in Chicago
Chicago, IL, US (HQ)
444 W Lake St
Show all (1)

CommonSpirit Health Financials and Metrics

Summary Metrics

Founding Date

2019
Show all financial metrics

CommonSpirit Health Revenue

CommonSpirit Health's revenue was reported to be $33.25 b in FY, 2021 which is a 12.4% increase from the previous period.
USD

Revenue (Q2, 2022)

8.9b

Net income (Q2, 2022)

138.0m

EBITDA (Q2, 2022)

442.0m

EBIT (Q2, 2022)

(81.0m)
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

21.0b29.6b33.3b

Revenue growth, %

41%12%

Operating expense total

20.9b29.7b31.8b

Depreciation and amortization

1.1b1.5b1.5b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Revenue

7.2b7.5b7.8b7.7b8.3b8.8b8.5b8.9b

Operating expense total

14.7b7.3b7.8b7.4b7.8b8.2b8.4b8.8b

Depreciation and amortization

359.0m370.0m411.0m370.0m360.0m380.0m353.0m404.0m

EBITDA

246.0m528.0m376.0m642.0m837.0m1.0b503.0m442.0m
Show all financial metrics

CommonSpirit Health Acquisitions / Subsidiaries

Company NameDateDeal Size
Catholic Health InitiativesJanuary 31, 2019
Dignity HealthJanuary 31, 2019
Alegant Health - Mercy Hospital, Corning,Iowa
Alegent Health - Bergan Mercy Health System
Alegent Health - Immanuel Medical Center
Alegent Health-Immanuel Medical Center
Alegent Health - Memorial Hospital, Schuyler
Alegent Health - Mercy Hospital, Corning, Iowa
Alverna Apartments
American Nursing Care, Inc.
Show more

CommonSpirit Health Revenue Breakdown

Embed Graph

CommonSpirit Health revenue breakdown by business segment: 79.4% from Hospitals Revenue, 9.2% from Health Plans, Accountable Care and Other Revenue, 8.9% from Physician Organizations Revenue and 2.5% from Other

CommonSpirit Health Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

SecurityScorecard logo

CommonSpirit Health Online and Social Media Presence

Embed Graph

CommonSpirit Health News and Updates

CommonSpirit Health gains huge efficiencies with AI-infused OR scheduling tool

The massive national health system garnered a 14.5 times ROI in the technology – not to mention happier surgeons.

At CommonSpirit Health, telebehavioral care decreases length of stay, cuts costs

Additional benefits included an increase in satisfaction and expectations of care met, and 61% of cases are seen within 30 minutes.

CommonSpirit Health Announces FY2022 Q3 Results

The results reflected challenges faced by many health systems in the quarter including sharply higher supply, staffing and contract labor costs, staff availability, increased length of stay, and lower volumes at the beginning of the quarter due to the Omicron surge. Adjusted admissions rose 3.7% com…

CNO Kathy Sanford: Our approach to nursing must change

As a former U.S. Army nurse and now the chief nursing officer of one of the nation’s largest nonprofit health systems with 45,000 nurses across 21 states, I’m concerned about what the nurse staffing crisis means for a profession that is vital to the health of us all. Even prior to the COVID-19 pande…

CommonSpirit Health and Charles R. Drew University of Medicine and Science partner to diversify and grow nursing workforce

(CHICAGO and LOS ANGELES – May 9, 2022) – Charles R. Drew University of Medicine and Science (CDU), one of the nation’s four historically Black medical schools, and CommonSpirit Health, one of the nation’s largest nonprofit health systems, are responding to the national nursing shortage through a ne…

The time is now: Overcoming implicit bias in health care

Health care systems, especially national nonprofit systems like CommonSpirit Health that are focused on health equity, have refocused efforts to identify and address implicit bias in healthcare settings. A recent study in Health Affairs uncovered implicit bias in EHRs, noting that “Black patients we…
Show more

CommonSpirit Health Blogs

CommonSpirit Launches $3M Scholarship Program to Support More Diverse Leadership in Health Care

CommonSpirit Equity Impact Scholarships offer low- or no-cost access to the skills and training needed for the next generation of leaders (CHICAGO, IL – Oct. 20, 2021) – CommonSpirit Health, in partnership with Dignity Health Global Education (DHGE), today announced the launch of the CommonSpirit Eq…

CEO Lloyd Dean will retire from CommonSpirit Health next year

CHICAGO – October 12, 2021 — CommonSpirit Health, one of the country’s largest healthcare systems, announced today that CEO Lloyd Dean will retire from the organization next summer. CommonSpirit’s Board of Stewardship Trustees has begun a process to identify Dean’s successor.   Dean served as CEO of…

CommonSpirit Health Announces FY2021 Results

CHICAGO – Sept. 17, 2021 — CommonSpirit Health released financial results today for the fiscal year ended June 30, 2021. CommonSpirit demonstrated improved operating performance compared to prior years, showing the ability to manage through the COVID-19 pandemic and a commitment to operating discipl…

CommonSpirit Health Names New System Senior Vice President for Advanced Practice

August 31, 2021—CommonSpirit Health, the largest nonprofit  health system in the U.S., serving communities in 21 states, announced that Barbara Martin, Ph.D., has been named System Senior Vice President for Advanced Practice. This position provides leadership, direction and resource stewardship of t…

CommonSpirit Health Leads in Improving Quality and Outcomes for Patients while Reducing Medicare Spending by $136 Million

14 Medicare Shared Savings Program ACOs received an average quality score of 98%; saved Medicare more than $200 million over three years Chicago, Ill.—August 26, 2021—CommonSpirit Health, one of the nation’s largest providers of value-based care, announced today that it delivered improved quality an…

CommonSpirit Health Announces that Employees Must be Vaccinated Against COVID-19

CommonSpirit Health, one of the nation’s largest nonprofit health systems, will require that its 150,000 employees in 140 hospitals and more than 1,000 care sites and facilities across 21 states be fully vaccinated against COVID-19 by Nov. 1. This requirement also includes all physicians, Advanced P…
Show more

CommonSpirit Health Frequently Asked Questions

  • When was CommonSpirit Health founded?

    CommonSpirit Health was founded in 2019.

  • Who are CommonSpirit Health key executives?

    CommonSpirit Health's key executives are Lloyd H. Dean, Charlie Francis and Rosalyn Carpenter.

  • How many employees does CommonSpirit Health have?

    CommonSpirit Health has 25,950 employees.

  • What is CommonSpirit Health revenue?

    Latest CommonSpirit Health annual revenue is $33.3 b.

  • What is CommonSpirit Health revenue per employee?

    Latest CommonSpirit Health revenue per employee is $1.3 m.

  • Who are CommonSpirit Health competitors?

    Competitors of CommonSpirit Health include Massachusetts General Hospital, British Safety Council and Southern Cross.

  • Where is CommonSpirit Health headquarters?

    CommonSpirit Health headquarters is located at 444 W Lake St, Chicago.

  • Where are CommonSpirit Health offices?

    CommonSpirit Health has an office in Chicago.

  • How many offices does CommonSpirit Health have?

    CommonSpirit Health has 1 office.