Advocate Health
 | |
| Type | 501(c)(3)[1]Nonprofit organization |
|---|---|
| Industry | Healthcare |
| Founded | December 2, 2022 |
| Headquarters | 1000 Blythe Boulevard, , |
Number of locations | 69 hospitals[2] (2024) |
Area served | Alabama, Illinois, Georgia, North Carolina, South Carolina and Wisconsin |
| Key people | Eugene A. Woods(CEO, 2022-present[3] |
| Revenue |  US$9.2 billion[4] (2025) |
| US$38.94 million[5] (2025) | |
 US$499.5 million[4] (2025) | |
Number of employees | 160,000 (2025)[2] |
| Subsidiaries | Advocate Health Care, Aurora Health Care, Atrium Health, and Wake Forest University School of Medicine[2] |
| Website | advocatehealth |
Advocate Health, Inc. is a nonprofit hospital network headquartered in Charlotte, North Carolina,[2][1] it was created when Advocate Aurora Health and Atrium Health merged their operations on December 2, 2022. It operates facilities in 6 states in the United States.
History
[edit]On December 2, 2022, Advocate Health was created when Advocate Aurora Health and Atrium Health merged.[6][7][8] After the merger it quietly stopped suing patients for not paying their bills and reporting them to collection agencies.[9][10]
In early March 2024, Advocate Health became a founding member of Trustworthy and Responsible AI Network, which was formed by Microsoft.[11][12] In late March, it sold Maryland based Senior Helpers to Waud Capital, the amount that the private equity firm paid is not known.[13][14] On September 20, Advocate Health announced that it would cancel 11,500 liens, some that have been unpaid for 20 years.[9][15]
Finances
[edit]| Year | Revenue[1] | Operating income[5] | Expense[1] | Net income[1] | Total Asset[1] | Total Liability[1] |
|---|---|---|---|---|---|---|
| 2023 | $31.75 million | $82.49 million | $82.49 million | |||
| 2024 | $333,741 | $34.79 million |
$2.174 million | $1.84 million | $105.05 million |
$106.89 million |
| 2025 | $38.94 million |
References
[edit]- 1 2 3 4 5 6 7 "Advocate Health Inc". ProPublica. Retrieved July 14, 2026.
- 1 2 3 4 "Advocate Health and The Joint Commission Advancing Quality and Safety for Patients and Communities". Joint Commission. May 25, 2025. Retrieved February 5, 2026.
- ↑ Lacour, Greg (November 7, 2025). "2025 Charlotte Of The Year: Eugene Woods". Charlotte Magazine. Retrieved February 5, 2026.
- 1 2 Cass, Andrew (June 2, 2025). "Advocate Health's operating income up 217% in Q1". Becker's Hospital Review. Retrieved August 28, 2025.
- 1 2 Muoio, Dave (June 22, 2026). "The top 10 nonprofit health systems by 2025 operating revenue". FIERCE Healthcare. Retrieved July 14, 2026.
- ↑ Kacik, Alex (December 2, 2022). "Advocate Aurora and Atrium complete merger". Modern Healthcare. Retrieved May 27, 2025.
- ↑ Davis, Katherine (December 2, 2022). "Advocate Aurora, Atrium hospital merger complete". Crain's Chicago Business. Retrieved May 27, 2025.
- ↑ Morse, Susan (December 4, 2022). "Advocate Aurora and Atrium Health complete merger". Healthcare Finance. Retrieved May 27, 2025.
- 1 2 Muoio, Dave (September 20, 2024). "Advocate Health wiping all judgment liens on patients' property, cancelling associated debt". FIERCE Healthcare. Retrieved August 28, 2025.
- ↑ Glenza, Jessica; Feeney, Jules (January 16, 2025). "A giant hospital chain says it's leading the fight against medical debt. Not all patients agree". The Guardian. Retrieved August 28, 2025.
- ↑ Pifer, Rebecca (March 12, 2024). "Microsoft forms health AI governance network". Healthcare Dive. Retrieved May 27, 2025.
- ↑ Siwicki, Bill (March 14, 2024). "Microsoft and 16 health systems debut network for responsible AI". Healthcare IT News. Retrieved May 27, 2025.
- ↑ Asplund, Jon (March 21, 2024). "Private equity picking up senior home care company from Advocate". Crain's Chicago Business. Retrieved May 27, 2025.
- ↑ Taylor, Mariah (March 22, 2024). "Advocate Health sells home care company to private equity firm". Becker's Hospital Review. Retrieved May 27, 2025.
- ↑ Morgenson, Gretchen (September 20, 2024). "North Carolina hospital company forgives debts of 11,500 people after NBC News report". NBC News. Retrieved August 28, 2025.
Further reading
[edit]- Davis, Katherine (December 6, 2023). "Advocate Health will end its first year post-merger in the black, CEOs say". Crain's Chicago Business. Retrieved June 12, 2025.
- Taylor, Mariah (July 30, 2024). "Advocate Health study plays key role in CMS dementia care model". Becker's Hospital Review. Retrieved May 27, 2025.
- Bruce, Giles (December 2, 2024). "Advocate Health doubles hospital-at-home-capacity: 9 notes". Becker's Health IT. Retrieved August 28, 2025.