Founded nearly a century ago by its automotive tycoon namesake, the system is one of the largest integrated health systems in the country with five acute-care hospitals, and employing more than 23,000 people across the system. It also has a health insurance business and medical group.
Moody’s Investors Service in January affirmed the “A1” rating on its $854.9 million in outstanding bonds, attributed in part to the system’s low debt-to-revenue ratio and seasoned administrative team that includes Mr. Connelly.
Mr. Connelly has previously served in Cincinnati as CFO of TriHealth and COO of Bethesda North Hospital. He also was an auditor with Arthur Andersen in Detroit for 15 years.
If you have more information or updates for this profile or would like to recommend a leader to be profiled in the future, please contact Lindsey Dunn, editor in chief, Becker’s Hospital Review at ldunn@beckershealthcare.com .
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