Holy Cross Health Company Profile

Background

Overview

Holy Cross Health, formerly known as Holy Cross Hospital, is a Catholic, not-for-profit health system based in Fort Lauderdale, Florida. Established in 1955 by the Sisters of Mercy, it has grown into a comprehensive healthcare provider committed to delivering compassionate and transformative care within its community. As a member of Trinity Health, one of the largest multi-institutional Catholic healthcare delivery systems in the nation, Holy Cross Health serves Broward County and the surrounding areas.

Mission and Vision

Mission: "We, Holy Cross Health and Trinity Health, serve together in the spirit of the Gospel as a compassionate and transforming healing presence within our communities."

Vision: "As a mission-driven innovative health organization, we will become the national leader in improving the health of our communities and each person we serve. We will be the most trusted health partner for life."

Primary Area of Focus

Holy Cross Health offers a full range of inpatient and outpatient services, including specialized care in orthopedics, cardiology, oncology, and women's health. The health system is recognized for its high-quality care and innovative health services, aiming to improve the health and lives of individuals, populations, and communities.

Industry Significance

As one of the largest hospitals in Florida, Holy Cross Health plays a pivotal role in the regional healthcare landscape. Its affiliation with Trinity Health enhances its capacity to provide comprehensive and compassionate care, contributing significantly to the health and well-being of the community.

Key Strategic Focus

Core Objectives

Clinical Excellence: Delivering high-quality, patient-centered care across various specialties.

Community Engagement: Addressing the health needs of the community through outreach programs and services.

Innovation: Implementing advanced medical technologies and practices to enhance patient outcomes.

Specific Areas of Specialization

Orthopedics: Recognized for excellence in joint replacement surgeries and spine care.

Cardiology: Offering comprehensive services, including advanced heart failure management and interventional procedures.

Oncology: Providing multidisciplinary cancer care with access to cutting-edge treatments.

Women's Health: Specializing in obstetrics, gynecology, and comprehensive women's health services.

Key Technologies Utilized

Robotic Surgery: Utilizing the da Vinci® Xi Surgical System for minimally invasive procedures.

Advanced Imaging: Employing state-of-the-art diagnostic imaging technologies for accurate assessments.

Electronic Health Records (EHR): Implementing comprehensive EHR systems to enhance patient care coordination.

Primary Markets Targeted

Holy Cross Health primarily serves Broward County and the surrounding regions in Florida, focusing on providing accessible and high-quality healthcare services to the local community.

Financials and Funding

Funding History

As a not-for-profit entity, Holy Cross Health reinvests its revenues into the organization to improve healthcare services, acquire new technologies, upgrade facilities, and ensure care is available to everyone, regardless of their ability to pay.

Total Funds Raised

Specific figures regarding total funds raised are not publicly disclosed.

Recent Funding Rounds

Detailed information about recent funding rounds is not publicly available.

Notable Investors

As a not-for-profit organization, Holy Cross Health does not have traditional investors. It is supported by community donations, grants, and its affiliation with Trinity Health.

Intended Utilization of Capital

Capital is utilized to enhance patient care, invest in advanced medical technologies, expand facilities, and support community health initiatives.

Pipeline Development

Key Pipeline Candidates

As a healthcare provider, Holy Cross Health focuses on expanding and enhancing its service offerings rather than developing pharmaceutical or medical device products.

Stages of Clinical Trials or Product Development

The organization participates in clinical research trials to advance medical knowledge and improve patient care. Specific details about ongoing trials are not publicly disclosed.

Target Conditions

Clinical research focuses on various conditions, including cancer, cardiovascular diseases, and orthopedic disorders.

Relevant Timelines for Anticipated Milestones

Timelines for clinical research milestones are not publicly available.

Technological Platform and Innovation

Proprietary Technologies

Holy Cross Health utilizes advanced medical technologies, including the da Vinci® Xi Surgical System for minimally invasive surgeries.

Significant Scientific Methods

Robotic-Assisted Surgery: Enhancing precision and reducing recovery times for patients.

Advanced Imaging Techniques: Utilizing state-of-the-art diagnostic imaging for accurate assessments.

Electronic Health Records (EHR): Implementing comprehensive EHR systems to enhance patient care coordination.

Leadership Team

Key Executive Profiles

Mark Doyle: President and Chief Executive Officer. Oversees the strategic direction and operations of Holy Cross Health.

Pierre Monice: President and CEO. Leads the organization in its mission to provide compassionate and transformative care.

Leadership Changes

Specific details about recent leadership changes are not publicly available.

Competitor Profile

Market Insights and Dynamics

The healthcare market in Broward County, Florida, is competitive, with several hospitals and healthcare providers offering a range of services. Holy Cross Health distinguishes itself through its comprehensive service offerings, advanced medical technologies, and commitment to community health.

Competitor Analysis

Broward Health Medical Center: A public hospital offering a wide range of services, including trauma care and specialized clinics.

Plantation General Hospital: Provides comprehensive medical services with a focus on patient-centered care.

Memorial Regional Hospital: Known for its advanced medical technologies and specialized care units.

Strategic Collaborations and Partnerships

Holy Cross Health collaborates with various community organizations, healthcare providers, and educational institutions to enhance service delivery and community health. Specific partnership details are not publicly disclosed.

Operational Insights

Holy Cross Health's strategic focus on clinical excellence, community engagement, and innovation positions it as a leading healthcare provider in the region, offering a comprehensive continuum of care to meet the diverse needs of its community.

Strategic Opportunities and Future Directions

Strategic Roadmap

Holy Cross Health aims to expand its service offerings, integrate advanced medical technologies, and strengthen community partnerships to enhance patient care and health outcomes.

Future Business Directions

Service Expansion: Introducing new specialties and services to meet community health needs.

Technological Integration: Implementing cutting-edge medical technologies to improve patient care.

Community Health Initiatives: Enhancing outreach programs to address public health challenges.

Opportunities for Expansion

Opportunities exist to expand outpatient services, develop telemedicine capabilities, and collaborate with academic institutions for research and education.

Positioning for Future Objectives

Holy Cross Health's commitment to its mission, values, and community health positions it well to achieve its future objectives and continue serving as a trusted health partner for life.