Providence Health & Services

Providence Health & Services

A not-for-profit healthcare system operating 51 hospitals and 1,000 clinics across seven states, providing a comprehensive range of health and social services.

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A not-for-profit healthcare organization, Providence Health & Services operates a vast network of 51 hospitals and over 1,000 clinics across seven states in the western United States. The organization employs 122,000 caregivers to provide a full spectrum of health and social services. Its offerings include outpatient services, transitional care, home and hospice care, substance abuse programs, and mental health treatment.

The business model is centered on providing comprehensive, faith-based healthcare services to a broad range of communities. As a not-for-profit entity, its revenue is generated from patient care services, which is then reinvested into the organization to support its mission of providing care, particularly to the poor and vulnerable. The organization has recently focused on improving its financial stability by increasing patient volumes and implementing cost-efficiency measures, successfully reducing operating losses.

Keywords: healthcare provider, hospital network, outpatient services, home care, hospice care, mental health treatment, not-for-profit, faith-based healthcare, social services, community health

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Investments by Providence Health & Services

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Binary Fountain
ACQUISITION by Press Ganey Oct 2020
Medicast
ACQUISITION by Providence Health & Services Jul 2016
Performance Health Technology
ACQUISITION by Providence Health & Services Jan 2018
Xealth
ACQUISITION by Samsung Electronics Jul 2025