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University of Maryland St. Joseph Medical Center is a 300-bed regional medical center in Towson, Maryland formerly operated by Catholic Health Initiatives.On December 1, 2012, University of Maryland Medical System acquired all the assets of St. Joseph Medical Center from Catholic Health Initiatives and renamed the hospital to University of Maryland St. Joseph Medical Center.
In 2018, Dignity Health and Catholic Health Initiatives received a merger approval from the Catholic Church, through the Vatican.Merged on February 1, 2019, as CommonSpirit Health, the new company formed as the largest Catholic health system, [12] and the second-largest nonprofit hospital chain, in the United States.
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St. Joseph's is a 607-bed, not-for-profit hospital that provides a wide range of health, social and support services, with special advocacy for the poor and underserved. It is home to the Barrow Neurological Institute, the world's largest dedicated neurosurgical center and a renowned leader in neurosurgical training, research, and patient care. [1]
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At the time of the sale, St. Joseph had an enterprise value of $165 million and it generated $245 million in annual revenue. [26] St. Joseph has been designated a Level III trauma center by the Texas Department of State Health Services. [27] From 2012 to 2019, St. Joseph operated a second hospital location at 1917 Ashland Street in the Houston ...
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