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Providence St. Joseph Health

OverviewSuggest Edit

Providence Health & Services is a non-profit organization that provides healthcare services. It operates hospitals, long-term care facilities, hospice and home health programs, housing units, and physician clinics.

TypePrivate
Founded2016
HQRenton, WA, USMap
Websitepsjhealth.org
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Employees (est.) (Apr 2019)119,000(+5%)
Revenue (FY, 2017)$23.2 B(+5%)
Cybersecurity ratingCMore

Key People/Management at Providence St. Joseph Health

Venkat Bhamidipati

Venkat Bhamidipati

Executive Vice President and Chief Financial Officer
Debra Canales

Debra Canales

Executive Vice President and Chief Administrative Officer
Amy Compton-Phillips

Amy Compton-Phillips

Executive Vice President and Chief Clinical Officer
Michael Cotton

Michael Cotton

CEO, Providence Health Plans, and President, Ayin Health Solutions
Elaine Couture

Elaine Couture

Executive Vice President and Chief Executive, Washington-Montana
Jo Ann Escasa-Haigh

Jo Ann Escasa-Haigh

Executive Vice President and Chief Financial Officer, Operations
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Providence St. Joseph Health Office Locations

Providence St. Joseph Health has an office in Renton
Renton, WA, US (HQ)
1801 Lind Ave SW #9016
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Providence St. Joseph Health Financials and Metrics

Summary Metrics

Founding Date

2016
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Providence St. Joseph Health Revenue

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Providence St. Joseph Health's revenue was reported to be $23.16 b in FY, 2017 which is a 4.5% increase from the previous period.
USD

Revenue (Q2, 2018)

12.0b

Gross profit (Q2, 2018)

10.2b

Gross profit margin (Q2, 2018), %

85.3%

Net income (Q2, 2018)

39.0m

Cash (31-Dec-2017)

1.4b
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

14.4b22.2b23.2b

Revenue growth, %

54%5%

Cost of goods sold

4.8b3.3b3.4b

Gross profit

9.6b18.9b19.8b
Quarterly
USDQ1, 2017Q2, 2017Q1, 2018Q2, 2018

Revenue

5.6b11.4b6.0b12.0b

Cost of goods sold

828.2m1.7b878.7m1.8b

Gross profit

4.8b9.7b5.1b10.2b

Gross profit Margin, %

85%85%85%85%
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USDFY, 2015FY, 2016FY, 2017

Cash

729.3m1.0b1.4b

Accounts Receivable

1.6b2.2b2.2b

Current Assets

3.3b5.4b5.5b

PP&E

6.6b11.0b11.0b
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Annual
USDFY, 2015FY, 2016FY, 2017

Depreciation and Amortization

631.3m860.0m1.1b

Cash From Operating Activities

597.0m1.0b1.3b

Purchases of PP&E

(637.3m)(967.0m)(1.0b)

Cash From Investing Activities

(1.3b)(1.2b)(1.0b)
Quarterly
USDQ1, 2018Q2, 2018

Cash From Operating Activities

363.7m747.8m

Cash From Investing Activities

(222.3m)(753.0m)

Cash From Financing Activities

(195.5m)(154.9m)

Net Change in Cash

(54.0m)(159.9m)
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Providence St. Joseph Health Operating Metrics

FY, 2015FY, 2016FY, 2017

Acute Admissions

361.69 k526.34 k522.15 k

Acute Patient Days

1.63 m2.42 m2.39 m

Acute Outpatient Visits

8.48 m12.35 m12.18 m

Primary Care Visits

7.74 m12.13 m11.19 m
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Providence St. Joseph Health Revenue Breakdown

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Providence St. Joseph Health revenue breakdown by business segment: 5.3% from Other Operating Revenue, 77.1% from Service Revenue and 17.6% from Premium and Capitation Revenue

Providence St. Joseph Health revenue breakdown by geographic segment: 11.4% from Swedish, 19.6% from Washington / Montana, 20.8% from Oregon, 6.1% from Northern California, 29.2% from Southern California, 6.4% from Texas and 6.5% from Other

Providence St. Joseph Health Cybersecurity Score

Cybersecurity ratingPremium dataset

C

71/100

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Providence St. Joseph Health Online and Social Media Presence

Providence St. Joseph Health's Trends

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Providence St. Joseph Health News and Updates

August 24, 2020

Rezolut Has Entered Into a Partnership With Shin Imaging, LLC, Shin MRI, Inc., and St. Jude Medical Center, of Providence St. Joseph Health

October 04, 2019

How Providence St. Joseph Health boosted its percentage of complete physician profiles

The health system used a new data management platform to combine 15 different provider databases, better enabling patients to schedule appointments online and through a new Patient Engagement Center.
July 08, 2019

Providence St. Joseph Health Collaboration With Blue Shield of California and Gemini Health Delivers Immediate Drug Cost Savings for Patients

ORANGE, Calif., July 8, 2019 /PRNewswire/ -- Providence St. Joseph Health and Blue Shield of California are teaming up to help patients save hundreds, if not thousands, of dollars a year on prescription drugs. Providence St. Joseph providers are now using the new Drug-Cost Transparency...
July 08, 2019

Microsoft And Providence St. Joseph Health Announce Strategic Alliance To Accelerate The Future Of Care Delivery

RENTON, Wash., and REDMOND, Wash., July 8, 2019 /PRNewswire/ -- Microsoft Corp. and Providence St. Joseph Health today announced a multi-year strategic alliance to accelerate the digital transformation of health care. The alliance will combine the power of Microsoft's cloud, artificial...
May 16, 2019

Premera and Providence St. Joseph Health Announce New Contract

MOUNTLAKE TERRACE, Wash. and RENTON, Wash., May 16, 2019 /PRNewswire/ -- Premera Blue Cross and Providence St. Joseph Health today announced a new contract that ensures Premera members will retain in-network access to one of the nation's largest health systems—Providence St. Joseph...
April 09, 2019

Providence St. Joseph Health Expands Program To Re-Engage Providers And Alleviate Employee Burnout System-Wide

RENTON, Wash., April 9, 2019 /PRNewswire/ -- With more than half of U.S. physicians reporting symptoms of burnout in today's demanding medical environment, Providence St. Joseph Health, one of the nation's largest health systems, today announced it is expanding its Own It program to...
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 Providence St. Joseph Health Frequently Asked Questions

  • When was Providence St. Joseph Health founded?

    Providence St. Joseph Health was founded in 2016.

  • Who are Providence St. Joseph Health key executives?

    Providence St. Joseph Health's key executives are Venkat Bhamidipati, Debra Canales and Amy Compton-Phillips.

  • How many employees does Providence St. Joseph Health have?

    Providence St. Joseph Health has 119,000 employees.

  • What is Providence St. Joseph Health revenue?

    Latest Providence St. Joseph Health annual revenue is $23.2 b.

  • What is Providence St. Joseph Health revenue per employee?

    Latest Providence St. Joseph Health revenue per employee is $194.6 k.

  • Who are Providence St. Joseph Health competitors?

    Competitors of Providence St. Joseph Health include Texas Health Resources, Acadia Healthcare and Access: Supports for Living.

  • Where is Providence St. Joseph Health headquarters?

    Providence St. Joseph Health headquarters is located at 1801 Lind Ave SW #9016, Renton.

  • Where are Providence St. Joseph Health offices?

    Providence St. Joseph Health has an office in Renton.

  • How many offices does Providence St. Joseph Health have?

    Providence St. Joseph Health has 1 office.