paving the way for economic growth - Henry Ford Health System

2010 - 2011 Accomplishments2010 - 2011 AccomplishmentsCommunity• Named as one of the top 10 health systems in thecountry by the Institute for Diversity in the area ofgovernance• Named the Health Care Corporation of the Year bythe Michigan Supplier Diversity Council• Smoke Free AirLaw named for thelate director of theHenry Ford HealthSystem Center forHealth Promotion &Disease Preventionand former presidentof the AmericanMedical Association,Ronald M. Davis,M.D.• In collaborationwith Wayne StateUniversity and the Detroit Medical Center, HenryFord Health System led the Midtown EconomicDevelopment Project, including:• awarding a Living Cities Grant;• partnering with U-3 Ventures, Cleveland Clinic andMichael E. Porter, Ph.D. from the Harvard BusinessSchool;• collaborating on several “purchase Detroit” efforts;and• developing joint safety/security efforts• Provided nearly 2,500 health screenings inunderserved, health-disparate communities• Launched Phase II of the Healthcare EquityCampaign, including Healthcare Equity 101, anonline course for employees; trained more than120 Equity Ambassadors• Continued to play major role in 2010 MetroDetroit Heart Walk, raising more than $349,000 indonations and recruiting more than 2,000 walkers• Launched the first ever Tour de Ford bike ride tobenefit the Tom Groth Patient Medical Needs fund,with 150 riders raising $17,000• Henry Ford Health System and Children’s HealthFund (CHF) launched a new health care programinvolving a mobile medical clinic to providecomprehensive health care services to medicallyunderserved children at schools and in communitylocations. Senator Debbie Stabenow (D-MI) andsinger/songwriter and CHF Co-founder PaulSimon joined CHF and Henry Ford Health Systemleadership at an event in December to inauguratethe Children’s Health Project of Detroit• Henry Ford Health joined Midtown Detroit’sother two largest employers, the Detroit MedicalCenter (DMC) and Wayne State University (WSU),in an aggressive “Live Midtown” incentiveprogram for employees. The program is designedto entice people to move to the area and retainthose who are already living there, providinga significant economic jolt to one of the city’spremiere urban neighborhoods - Midtown Detroit• Announced the vision for a $500 millioninvestment and planned expansion at the HenryFord Hospital Detroit campus that would provideadditional clinical, research and education facilitiesand programs. The expansion also would offerspace for retail, commercial and residentialenterprises that support health, medicine,community events and the restoration of the cityFinance• Maintained “A stable” credit rating from Standard& Poor’s• Strengthened the System’s financial position withimproved days cash on hand• Achieved 100 percent participation in the TrusteeGiving Campaign for the fourth consecutive year• Reported total revenues of $4.08 billion in 2010,an increase of $115 million from the $3.96 billiontotal revenues in 2009; reported $61.9 million netincome for 2010 as compared to $32.1 million in2009• Launched in 2007, the System’s seven-year, $250million Envision Campaign focuses on renovatingand expanding our world-class flagship HenryFord Hospital, the creation of the new Henry FordWest Bloomfield Hospital in Oakland County,and enriching our nationally recognized Centersof Excellence. As Henry Ford enters the fourthyear of this historic endeavor, we are 71 percentto our goal with more than $176 million received,including 45 gifts of $1 million or more• System employees, physicians and leaderscelebrated a seventh consecutive record-breakingyear for the Community Giving Campaign with 56percent of the health system’s 23,000 employeespledging more than $3 million to the campaignin 2011. Since 2006, employees have generouslydonated nearly $15 million toward the EnvisionCampaign’s $250 million goal26 Henry Ford Health System • 2010 - 2011 System Report