Overview
Advocate Health is a prominent non-profit, faith-based health care system headquartered in both Milwaukee, Wisconsin, and Downers Grove, Illinois. Formed through the merger of Advocate Health Care and Aurora Health Care, it ranks among the largest health systems in the United States. With affiliations to the Evangelical Lutheran Church in America and the United Church of Christ, Advocate Health operates over 500 sites of care, including 26 hospitals. The organization employs more than 75,000 individuals, encompassing around 10,000 physicians.
Leadership
- Eugene A. Woods, MBA, MHA, FACHE: Chief Executive Officer. Prior to his current role, he served as the President and CEO of Atrium Health.
- Bobbie Byrne, MD, MBA: Executive Vice President and Chief Information Officer. Dr. Byrne brings nearly 30 years of experience in healthcare and technology and has been recognized as a CIO of the Year by Chicago CIO Leadership.
- Brad Clark: Executive Vice President and Chief Financial Officer, with over two decades of experience in healthcare finance.
Key Services and Specialties
Advocate Health excels in delivering comprehensive and equitable healthcare across a diverse range of specialties:
- Cancer care
- Heart and vascular care
- Orthopedics
- Women's health
- Neuroscience
The organization is committed to redefining exceptional care through its network of over 11 hospitals and nearly 300 care sites, supported by a vast pool of skilled healthcare professionals.
Recent Developments and Strategic Moves
In a notable expansion move, Advocate Health merged with Atrium Health on December 2, 2022, establishing itself as a leading hospital system across six states: Illinois, Wisconsin, North Carolina, South Carolina, Georgia, and Alabama. This strategic merger escalated its annual revenues to $27 billion and increased its workforce to approximately 150,000 employees. The merger enhances research collaboration and innovation, particularly in clinical trials, through alliances with the University of Wisconsin School of Medicine and Public Health.
Financial and Operational Performance
Advocate Health is recognized for its operational excellence, having achieved a reported $136 million savings through improved patient outcomes and cost reductions via federal programs. The organization's extensive reach and comprehensive services continue to garner accolades within the healthcare sector.
Community and Social Impact
A key tenet of Advocate Health's mission is its emphasis on social impact and consumer health. The organization dedicates significant resources to delivering equitable healthcare through community-driven initiatives and preventive care programs, ensuring comprehensive patient wellness.
Competitor Profiling
Overview of Competitors
Advocate operates within a competitive environment, contending with significant players in sectors like social change, healthcare, and technology services. This competitive landscape includes:
1. Change.org
- Industry: Software Development
- Headquarters: San Francisco, CA
- Size: 51-200 employees
- Description: The largest technology platform for social change globally, facilitating user-driven petitions and campaigns.
- Business Model: Operates under a nonprofit foundation as a Public Benefit Corporation focused on social impact.
- Impact: Reaches over half a billion users in 196 countries, with strong company culture recognition and benefits such as unlimited vacation.
2. NationBuilder
- Industry: Technology, Information, and Internet
- Headquarters: Los Angeles, CA
- Size: 51-200 employees
- Description: Renowned for political and advocacy use, offering scalable platforms for content, email, and people management.
- Specialties: Serves nonprofits, political campaigns, and advocacy groups with comprehensive digital and community-building tools.
3. Brigade
- Industry: Technology, Information and Internet
- Headquarters: San Francisco, CA
- Size: 11-50 employees
- Description: A startup promoting democratic engagement through its digital platform.
- Funding: Secured $9.5 million in Series A funding from notable investors like Sean Parker and Marc Benioff.
4. Synoptek
- Industry: Managed Technology Services
- Description: Offers advisory-led systems integration and comprehensive IT management services for small to medium-sized enterprises.
5. Destiny Corporation
- Industry: IT Services and IT Consulting
- Headquarters: Henderson, Nevada
- Size: 51-200 employees
- Specialties: Provides business and technology consulting with expertise in business process reengineering, analytics, and data science.
- Clients: Serves as a strategic advisor to Fortune 500 companies and government entities.
Competitive Positioning
Advocate maintains a strong market position recognized by its leadership and strategic positioning:
- CEO Approval: Scott Fogle, the Co-CEO of Advocate, has an 88% approval rating, signifying effective leadership within the company.
- Peer Comparison: Advocate ranks second in CEO Score on Comparably when compared to competitors like Change.org and NationBuilder.
This nuanced profiling underlines Advocate's strong leadership attributes and its strategic positioning in technology-driven service delivery amidst a vibrant competitive field.
