Troubled Economy Prompts Difficult Decisions at Alegent Health
OMAHA, Neb. – Alegent Health, like many organizations, is feeling the effects of the national recession, the likes of which this country has not seen in decades. These difficult times have led to difficult decisions that we believe will position us for a strong future.
“We’ve been seeing the signs of a gathering storm in healthcare for several years,” said Alegent Health Chief Executive Officer, Wayne Sensor. A series of forces are threatening the sustainability of our nation’s healthcare system - rising costs, the growing number of uninsured, leading to an increased need for charity care, and the looming shortage of healthcare professionals. These are being exacerbated by an economic downturn that happened incredibly fast, shaking the confidence of every American and businesses across the country.
“Alegent Health is in a much better place than most organizations,” explained Sensor. “We are financially strong and viable but we recognize that we need to make some changes to ensure that we stay that way during and after these uncertain times.”
Alegent Health announced plans today that will position the organization to continue its 120 year-old Mission well into the future. “Our goal is to care for the people of our community ‘body, mind and spirit,’” said Sensor. “To do that, we must make difficult decisions from a position of strength.”
Effective immediately, Alegent Health will make the following bold moves:
In 2008, Alegent Health’s community benefit, which includes $26 million in medical care to the poor and underserved, amounted to $80.5 million dollars. In addition, Alegent Health is investing $350 million in the community through facility upgrades, renovations and additions. Sensor says those projects, which will improve care and services for the organization and our patients, will continue on schedule.
Alegent Health remains committed to the health and future of our community. “In continuation of our 120-year old ministry, I am confident that Alegent Health will remain strong and viable to serve the people of our community well into the future,” said Sensor.
About Alegent Health
Alegent Health is the largest not-for-profit, faith-based healthcare system in Nebraska and southwestern Iowa with nine acute care hospitals, more than 100 sites of service, over 1,300 physicians on its medical staff and more than 9,000 employees. Alegent Health is ranked first in the country in quality and patient satisfaction according to the Network for Regional healthcare Improvement (NRHI). That exceptional commitment to providing patient focused care for the body, mind and spirit of every person keeps Alegent Health faithful to its Mission, which was inspired by its sponsors, Catholic Health Initiatives and Immanuel Health Systems. At Alegent Health, patients and their families find a continuum of care, from women's and children's services, primary care, wellness counseling, and senior care to cardiovascular services, orthopaedics, oncology, physical rehabilitation and behavioral health. Alegent Health is online at www.alegent.com.