Corewell Health

Corewell Health is a nonprofit health system formed by the integration of two leading health systems in Michigan, specifically Beaumont Health and Spectrum Health. It operates as a 501(c)3 organization, which allows donations to be tax-deductible[1][2]. Corewell Health aims to provide exceptional, equitable care and service across Michigan through its extensive network of healthcare facilities and programs[2].

Organization Structure

Corewell Health consists of four main divisions: Corewell Health East (formerly Beaumont Health), Corewell Health South (formerly Spectrum Health Lakeland), Corewell Health West (formerly Spectrum Health), and Priority Health, a provider-sponsored health plan[2]. Priority Health serves over 1.2 million members throughout Michigan[2]. Each division is led by a president and managed by a dedicated division board. The overall system is governed by a unified board of directors that includes representatives from each division and the CEO of Corewell Health[2].

Mission and Values

Corewell Health's mission is "to improve health, instill humanity, and inspire hope". The organization strives for a future where health care is simple, affordable, equitable, and exceptional[4]. Its core values include compassion, collaboration, clarity, curiosity, and courage[4].

Services and Facilities

Corewell Health operates across 22 hospitals, over 300 outpatient locations, and several post-acute facilities[2]. The system employs more than 11,500 physicians and advanced practice providers, along with over 15,000 nurses[2]. It emphasizes local decision-making to better serve the communities it operates in, while maintaining system-wide unity and consistency[2].

Innovation and Community Engagement

Corewell Health invests in digital technologies to offer virtual and in-home care services, aiming to make healthcare more accessible and convenient[2]. The organization focuses on innovative solutions and a value-based model of care that incentivizes better health outcomes[2]. It collaborates with major universities like Michigan State University, Oakland University, and Wayne State University to enhance medical education and research capabilities[2].

Foundations

Corewell Health supports community health initiatives through its foundations, such as the Corewell Health Foundation in both Southeast Michigan and West Michigan. These foundations organize fundraising events to benefit various health programs, including children's health services and maternal-fetal medicine[3][5]. The goal is to enhance patient care and support medical advancements in local communities[3][5].

Financial Overview

Corewell Health primarily generates revenue from program services, which account for about 94% of its total revenue. Investment income also plays a significant role, contributing approximately 5%[1]. The organization invests heavily in employee wages and executive compensation, reflecting its large workforce and operational scale[1].

Sustainability and Social Commitment

Corewell Health is committed to addressing systemic racism and promoting health equity within the communities it serves[4]. It also emphasizes sustainability, recognizing the interconnection between human and environmental health[4]. The organization seeks to make a positive impact on both people and the environment while fostering economic prosperity in the regions it operates in[4].