Built around a hospital founded by Detroit's favorite son, the not-for-profit Henry Ford Health System (HFHS) is a hospital network that is also involved in medical research and education. The system's half-dozen hospitals -- including the flagship Henry Ford Hospital, as well as Henry Ford Wyandotte Hospital and mental health facility Kingswood Hospital -- are home to roughly 2,200 beds. HFHS also operates a 1,200-doctor-strong medical group (with more than 40 specialities), as well as nursing homes, hospice, and a home health care network. The system's Health Alliance Plan of Michigan provides managed care and health insurance to about half a million members.
HFHS serves patients in Detroit and southeastern Michigan.
Along with its hospitals, large and small, the system also operates more than 30 medical centers and maintains partnerships with community health services. About 20% of ambulatory care and 10% of acute care services in the region are provided by HFHS. In 2011 its hospitals took in 106,590 patients, handled more than 405,100 emergency room visits, and delivered more than 7,440 babies. It also conducts more than 300,000 home health care visits annually.
For patients who need more than an ambulance to get them to the hospital, the Henry Ford Hospital provides air ambulance transportation. The flagship hospital provides transport for critically ill and trauma patients within a 150-mile radius of Detroit (in Michigan, Ohio, and Ontario) via its Air Med 1 aeromedical helicopter.
Affiliated with Wayne State University's School of Medicine, the health system is a leading education and research center, with ongoing research in areas such as stroke, heart disease, cancer, and diabetes. Wayne State and HFHS have agreed to expand their affiliation by increasing the number of medical students who train at Henry Ford, working together on research projects, and opening a new research center. HFHS trains more than 1,500 future physicians every year. Henry Ford Hospital is responsible for many of those, providing about 45 accredited programs to medical students.
HFHS has a fairly diverse payer mix. In 2011 it derived about 32% of its third-payer income from its Health Alliance Plan, 29% from Medicare, 16% from Blue Cross Blue Shield, and the rest from Medicaid and other contracts including Aetna and United Health.
HFHS grows organically and through partnerships. In 2012 it teamed up with Presbyterian Villages of Michigan, forming a joint venture to operate the Center for Senior Independence. The Center was part of HFHS and is now a separate non-profit organization, with Presbyterian is expected to increase by 2016 to nearly 1,000 seniors from the current 230 patients.
In 2012 the company opened its 32nd medical center in southeast Michigan, with a new site in Bloomfield Hills.
HFHS has increased its physician base by launching a subsidiary, the Henry Ford Physician Network, which is composed of private practice and hospital-employed physicians as well as the existing Henry Ford Medical Group.
The company also increased its home health equipment sales by opening its own retail home health store in 2010. The store (which it calls a self-health consulting center) sells a wide range of products including ambulatory aids, respiratory therapy equipment, wound care products, and blood pressure and diabetes supplies.
Automaker Henry Ford founded Henry Ford Hospital in 1915. – less
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