The Christ Hospital Corporate Profile

The Christ Hospital Corporate Profile

The Christ Hospital logo, a rated credit tenant in 1031Gateway's 1031 Exchange Investing Articles

 

Moody’s Rated: Investment Grade Baa1


 

Current Annual Revenue: $761 million
Current Annual Net Income: $17 million
2013 Fiscal Yr. Revenue Growth: 11.8%

The Christ Hospital Health Network is a 120-year-old network of physicians and staff that includes a 555-bed non-profit acute care facility located in Cincinnati, OH. The Christ Hospital was founded by the Elizabeth Gamble Deaconess Home Association, a philanthropic organization that continues to own and support it through selective grants for major clinical programs. The network offers a diversity of services, including cardiovascular care, spine treatment, women’s health, major surgery, cancer, behavioral medicine, orthopaedics, emergency care, kidney transplant, and others. In 2006, the hospital withdrew from a joint operating agreement with the Health Alliance of Greater Cincinnati and in 2008 began operating independently. The Christ Hospital is consistently recognized by U.S. News & World Report as one of the nation’s top 50 hospitals in several categories and is accredited by The Joint Commission, the oldest and largest healthcare standards-setting and accrediting body in America.

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