Categories: Health

Trinity Health Mid-Atlantic CEO James L. Woodward to Retire Amidst Successes and Challenges: A Look at the Philadelphia Region’s Nonprofit Hospitals

Trinity Health Mid-Atlantic CEO James L. Woodward is set to retire in January, according to the health system. Woodward first joined the Philadelphia region in 2016 as the CEO of St. Mary Medical Center in Langhorne. Two years later, he took on the role of CEO for a five-hospital group formed by their common owner, Trinity Health, based in Livonia, Michigan. This group was known as Trinity Health Mid-Atlantic and included hospitals such as St. Mary, Nazareth, Mercy Fitzgerald, Mercy Philadelphia, and St. Francis.

However, in 2020, Trinity Health had originally planned to close Mercy Philadelphia, but the hospital was kept open in a modified form by the University of Pennsylvania Health System. Despite this setback, Trinity Health reported $1.1 billion in revenue from its nonprofit, Philadelphia-area hospitals for the fiscal year ending June 30, 2023. This was a decrease from $2.2 billion in revenue reported for fiscal 2018 due to various factors including the sale of Lourdes Health System in South Jersey to Virtua Health in 2019 and St Francis Medical Center in Trenton which closed later that year after being sold to Capital Health

Samantha Jones

As a dedicated content writer at newszxcv.com, I bring a passion for storytelling and a keen eye for detail to every piece I create. With a background in journalism and a love for crafting engaging narratives, I strive to deliver informative and captivating content that resonates with our readers. Whether I'm covering breaking news or delving into in-depth features, my goal is to inform, entertain, and inspire through the power of words. Join me on this journey as we explore the ever-evolving world of news together.

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