COREWELL HEALTH GROUP RETURN

IN FEBRUARY 2022 COREWELL HEALTH WAS FORMED BY THE MERGER OF THE BEAUMONT AND SPECTRUM HEALTH SYSTEMS. COREWELL HEALTH BROUGHT TWO OF MICHIGAN'S MOST RESPECTED HEALTH SYSTEMS TOGETHER IN PURSUIT OF BETTER HEALTH. WE PUT OUR HEALTH AND WELLNESS AT OUR CORE BECAUSE WHEN PEOPLE ARE HEALTHIER, THEY LIVE BETTER. THE ORGANIZATION'S WEBSITE IS COREWELLHEALTH.ORG.COREWELL HEALTH IS AN INTEGRATED HEALTH CARE SYSTEM IN MICHIGAN. COREWELL HEALTH IS DRIVEN BY ITS MISSION TO IMPROVE HEALTH, INSTILL HUMANITY AND INSPIRE HOPE. OUR VISION IS A FUTURE WHERE HEALTH IS SIMPLE, AFFORDABLE, EQUITABLE AND EXCEPTIONAL AND INSPIRED BY OUR VALUES OF COMPASSION, COLLABORATION, CLARITY, CURIOSITY AND COURAGE. AT OUR CORE, WE ARE HERE TO HELP PEOPLE BE WELL SO THEY CAN LIVE THEIR HEALTHIEST LIFE POSSIBLE.THE INTEGRATED HEALTH SYSTEM HAS 21 HOSPITALS, MORE THAN 300 OUTPATIENT LOCATIONS AND POST-ACUTE CARE FACILITIES. IT HAS OVER 65,000 EMPLOYEES INCLUDING MORE THAN 12,000 PHYSICIANS AND ADVANCED PRACTICE PROVIDERS.DURING THE YEAR ENDED DECEMBER 31, 2023, THE COREWELL HEALTH INTEGRATED HEALTH SYSTEM PROVIDED OVER $1 BILLION IN COMMUNITY BENEFIT PROGRAMS IN MICHIGAN. THE COMMUNITY BENEFIT ACTIVITIES INCLUDED HEALTH CLINICS, RESEARCH, DONATIONS, CHARITY CARE, BAD DEBTS RELATED TO CARING FOR THE UNINSURED AND UNDERINSURED, COSTS FOR GOVERNMENT PROGRAM PATIENTS, COMMUNITY PARTNERSHIP PROGRAMS, HEALTH PROFESSION EDUCATION, AND DISCOUNTED CARE UNDER HEALTHY MICHIGAN PLAN (UNDER 250% FEDERAL POVERTY LEVEL).THERE ARE 33 SUBORDINATE ORGANIZATIONS FROM THE COREWELL HEALTH AFFILIATED GROUP THAT ARE PART OF THIS GROUP RETURN. OPERATIONS INCLUDE HOSPITAL FACILITIES, NUMEROUS CLINICAL FACILITIES AND 2 FUNDRAISING FOUNDATIONS.THE SUBORDINATES PROVIDE CARE TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS. FINANCIAL ASSISTANCE IS ALSO PROVIDED FOR PATIENTS THAT ARE FINANCIALLY UNABLE TO PAY FOR SERVICES PROVIDED. IN ADDITION OUR TEAMS GO THE EXTRA MILE FOR OUR PATIENTS AND COMMUNITIES - AND THIS DEDICATION AND COMMITMENT RESULTS IN EXTERNAL RECOGNITION, AWARDS AND HONORS. NOTABLE HIGHLIGHTS FOR THE YEAR (IN CHRONOLOGICAL ORDER) INCLUDED: U.S. NEWS & WORLD REPORT INCLUDED COREWELL HEALTH REHABILITATION AND CONTINUING CARE, FARMINGTON HILLS AND COREWELL HEALTH REHAB AND NURSING - FULLER IN ITS BEST NURSING HOMES, 2022-2023 LIST.NEWSWEEK INCLUDED THREE COREWELL HEALTH REHABILITATION AND NURSING FACILITIES ON ITS LIST OF THE NATION'S BEST NURSING HOMES OF 2023.HELEN DEVOS CHILDREN'S HOSPITAL CONNECTED TO THE UNITED NETWORK OF ORGAN SHARING (UNOS)'S NATIONAL TRANSPLANT LIST FOR PEDIATRIC HEART TRANSPLANTS, WITH THE FIRST TRANSPLANT EXPECTED BY SPRING 2023.COREWELL HEALTH EARNED 2022 DISTINCTION THROUGH THE TREE CAMPUS HEALTHCARE PROGRAM FOR THE FOURTH CONSECUTIVE YEAR, AWARDED IN 2023.ZEELAND AND GREENVILLE HOSPITALS AWARDED 14TH STRAIGHT 'A' HOSPITAL SAFTEY GRADE.COREWELL HEALTH WAS NAMED TO NEWSWEEK'S 2023 LIST OF BEST MATERNITY CARE HOSPITALS IN THE COUNTRY.COREWELL HEALTH AND MICHIGAN STATE UNIVERSITY INVENT SUCCESSFUL TREATMENT IN 15 MONTHS FOR CHILDREN WHO HAVE AN ULTRA-RARE DISEASE CALLED BACHMANN-BUPP SYNDROME. U.S. NEWS AND WORLD REPORT HAS RECGONIZED HELEN DEVOS CHILDREN'S HOSPITAL IN ITS 2023-2024 BEST CHILDREN'S HOSPITALS RANKINGS IN TWO SPECIALTY AREAS. THEY RANKED AMOUNG BEST NATIONALLY IN PEDIATRICS: CANCER AND PEDIATRICS: NEUROLOGY AND NEUROSURGERY. HELEN DEVOS CHILDREN'S HOSPITAL HAS BEEN RECONGIZED FOR THE 12TH YEAR IN A ROW.CORWELL HEALTH'S STRUCTRUAL HEART AND VALVE CENTER AT BUTTERWORTH HOSPITAL HAS RECEIVED NATIONAL REACCREDIATION FROM THE AMERICAN COLLEGE OF CARDIOLOGY (ACC) FOR ITS TAVR PROGRAM. COREWELL HEALTH WAS THE ONLY HEALTHCARE SYSTEM IN THE STATE TO ACHIEVE THREE ACC ACCREDIATIONS.THE CENTERS FOR MEDICARE AND MEDICAID SERVICES AWARDS A FIVE STAR RATING TO BUTTERWORTH AND BLODGETT HOSPITALS FOR STRONG PERFORMANCE IN KEY QUALITY MEASURES INCLUDING MORTALITY AND READMISSION RATES. BUTTERWORTH AND BLODGETT HOSPITALS WERE IN THE TOP 15% NATIONWIDE TO RECEIVE THIS FIVE STAR RATING. THE CENTERS FOR MEDICARE AND MEDICAID SERVICES AWARDS A FIVE STAR RATING TO ZEELAND COMMUNITY HOSPITAL FOR STRONG PERFORMANCE IN KEY QUALITY MEASURES INCLUDING READMISISON RATES AND SAFETY OF CARE.THE CENTERS FOR MEDICARE AND MEDICAID SERVICES AWARDS A FIVE STAR RATING TO GERBER HOSPITAL FOR STRONG PERFORMANCE IN KEY QUALITY MEASURES INCLUDING MORTALITY AND READMISISON RATES.U.S. NEWS & WORLD REPORT HAS 12 COREWELL HEALTH HOSPITALS AS BEST NATIONALLY RECOGNIZED HOSPITALS IN THE STATE. AMERICAN HEART ASSOCATION AWARDED COREWELL HEALTH RESEARCH TEAM A $400,000 GRANT FOR ITS STUDY TO BETTER UNDERSTAND HOW DIFFERENCES IN PEOPLE'S CELLS IMPACT ILLNESS AND RECOVERY FROM A NUMBER OF CARDIOVASCULAR DISEASES.COREWELL HEALTH HOSPTIALS BUTTERWORTH, BLODGETT, HELEN DEVOS CHILDREN'S, GROSSE POINTE, ROYAL OAK, TROY, FARMINGTON HILLS, TAYLOR AND TRENTON HOSPITALS HAVE EARNED THE PRESTIGIOUS MAGNET DESIGNATION FOR EXCEPTIONAL NURSING. THIS IS THE HIGHEST INTERNATIONAL DISTINCTION A HEALTH CARE ORGANIZATION CAN RECEIVE FOR NURSING EXCELLENCE AND OUTSTANDING PATIENT CARE.COREWELL HEALTH WAS NAMED TO PROFESSIONAL SERVICES AND RESEARCH FIRM SERAMOUNT'S 2023 TOP 75 COMPANIES FOR EXECUTIVE WOMEN. THIS RECONGINTION CELEBRATES COMPANIES THAT CHAMPION WOMEN'S ACHIEVEMENTS, WITH A FOCUS ON SUCCESSION PLANNING, PROFIT AND LOSS ROLES, GENDER-PAY PARITY, SUPPORT AND FLEXIBILITY PROGRAMS.COREWELL HEALTH'S GRAND RAPIDS HOSPITALS BUTTERWORTH AND BLODGETT HAVE RECEIVED THE 2023 RISING STAR AWARD FROM VIZIENT. THE AWARD RECOGNIZES THE HOSPITALS FOR MAKING SIGNIFICANT IMPROVEMENT IN THEIR YEAR-OVER-YEAR RANKINGS AND SCORING IN THE TOP QUARTILE IN THE VIZIENT QUALITY AND ACCOUNTABILITY RANKING.VIZIENT, INC., DESIGNATED COREWELL HEALTH ZEELAND HOSPITALS TOP PERFORMERS IN THE 2023 BERNARD A. BIRNBAUM, MD, QUALITY LEADERSHIP RANKING. THE HOSPITAL RANKED 7TH OUT OF 333 COMMUNITY HOSPTIAL MEMBERS OF VIZIENT AND WAS RECOGNIZED FOR DEMOSTRATING EXCELLENCE IN HIGH QUALITY CARE. BEAUMONT HOSPITAL: GROSSE POINT, LAKELAND HOSPITALS: ST. JOSEPH HOSPITAL & NILES HOSPITAL, AND COREWELL HEALTH HOSPITALS: BIG RAPIDS, GREENVILLE, LUDINGTON & ZEELAND EARNED AN 'A' HOSPITAL SAFETY GRADE FOR FALL 2023 FROM THE LEAPFROG GROUP, A NATIONAL NONPROFIT WATCHDOG THAT SETS STANDARDS FOR EXCELLENCE IN PATIENT CARE.COREWELL HEALTH WAS NAMED TO PROFESSIONAL SERVICES AND RESEARCH FIRM SERAMOUNT'S 2023 INCLUSION INDEX. THIS RECONGNITION CELEBRATES COMPANIES THROUGH THREE KEY AREAS OF AN ORGANIZATION: BEST PRACTICES IN THE RECRUITMENT, RETENTION AND ADVANCEMENT OF PEOPLE FROM HISTORICALLY MARGINALIZED GROUPS WOMEN, RACIAL/ETHNIC GROUPS, PEOPLE WITH DISABILITIES AND LGBTQIA+ PEOPLE; INCLUSIVE COMPANY CULTURE; AND DEMOGRAPHIC DIVERSITY.