16 | CAPELLA HEALTH­CARE

Modern Healthcare - - HEALTHCARE’S HOTTEST -

WHAT IT DOES: Founded in 2005 by health­care pro­fes­sion­als, Capella Health­care de­vel­ops and op­er­ates health­care fa­cil­i­ties in nonur­ban set­tings. HOW IT GREW:

Capella’s ini­tial foray into the health­care in­dus­try was the pur­chase of four hos­pi­tals from HCA in Novem­ber 2005. Since then, the com­pany has grown sig­nif­i­cantly. Capella added nine hos­pi­tals in 2008 and two more last year.

Capella’s growth has been bol­stered by a spirit of col­lab­o­ra­tion that has led the com­pany to form physi­cian lead­er­ship groups and lo­cal boards of trus­tees to pro­vide ideas and guid­ance from the peo­ple with the best knowl­edge of each hospi­tal’s community.

As hos­pi­tals around the coun­try strug­gle to find fund­ing to im­prove, Capella is able to of­fer a so­phis­ti­cated in­fra­struc­ture and im­proved pur­chas­ing power. Ac­cord­ing to com­pany spokes­woman Anne Han­cock, Capella of­fers the re­sources of a large health­care sys­tem, while stay­ing small enough to give each fa­cil­ity the at­ten­tion it needs.

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