Standing Strong for Our Communities
As a not-for-profit organization governed by a voluntary Board of Directors, Covenant Health reinvests excess revenues after expenses in improving patient care. Since 2000 Covenant Health has invested nearly $1 billion in facilities, technologies, programs and services. No other health system in East Tennessee in this decade has approached Covenant Health’s investment in clinical and medical information technology, and new, renovated and expanded hospitals and services.
The current economic environment has been particularly difficult and challenging for healthcare organizations, and has included cuts in reimbursement for services and the sale or closure of hospitals in our region. Covenant Health is committed to “standing strong,” and the wise use of the health system’s resources. Despite operating results at roughly a break-even level over the last five years, our strong balance sheet has allowed Covenant Health to continue providing substantial care to those with limited resources. In 2011 the health system provided more than $150 million in charity and uncompensated care.*
See our Giving Back page for additional information about community benefit and uncompensated care.