Prime Healthcare is an award-winning health system operating 46 hospitals in 14 states. Unity Health Toronto, comprised of Providence Healthcare, St. Joseph’s Health Centre and St. Michael’s Hospital, works to advance the health of everyone in our urban communities and beyond. During 2018, the Office of the Vice President, Research developed a research report summarizing the activities and growth of the research enterprise at St. Michael’s Hospital. It is the largest Catholic health care network in Canada. It was initially founded in 2017 under the provisional name Our Shared Purpose through the merger of St. Michael's Hospital, Providence Healthcare and St. Joseph's Health Centre. About Prime Healthcare Saving hospitals. 2018 St. Michael’s Research Report. Financial fluency benefits not only our hospital but the whole health care system. 11 I Inspired Care. SickKids Foundation Annual Reports and Financial Statements. Inspiring Science Annual Report 2015 – 16 I 12 Saving lives. 2019 was a big year both for our Ministry and our patients. In October, CHIA released a new monthly hospital and health system financial performance report as part of a voluntary monthly financial data collection that CHIA implemented in March 2020 to provide more rapid insight into the impact of COVID-19 on the Massachusetts health care system. In the early part of 1990s the hospital faced the issue of financial bankruptcy where the debt of the hospital reached an amount of over $63 million. It is one of the nation's leading healthcare service providers with more than 50,000 employees and physicians dedicated to providing the highest quality healthcare. Hospitals and health systems are under constant pressure to reduce costs while also improving quality and maintaining a strong workforce. The St. Michael Hospital was formed in 1892 by the sisters of St Joseph to look after poor and sick people of the Toronto inner city. Unity Health Toronto is a Catholic hospital network serving Toronto, Ontario, Canada. 10808 4419 RR0001 Canadian tax receipts will be issued for all online donations. St. Michael’s Hospital statement of operations and changes in net assets For the year ended March 31, 2014 (in thousands of dollars) 2014 $ 2013 $ Financial Statements Meeting the needs of our communities remains at the heart of Providence and drives our fiscal operations. Watch how St. Michael’s is improving cost awareness and efficiency while still delivering high quality care. NEW! This report has focused on changes and developments over the past 10 years, prior to becoming part of Unity Health Toronto. Saving jobs. Learn how we continue to improve health care for our communities.