Advocate Health, Inc. is a nonprofit hospital network headquartered in Charlotte, North Carolina, it was created when Advocate Aurora Health and Atrium Health merged their operations on December 2, 2022. It operates facilities in 6 states in the United States.
History On December 2, 2022, Advocate Health was created when Advocate Aurora Health and Atrium Health merged. After the merger it quietly stopped suing patients for not paying their bills and reporting them to collection agencies.
In early March 2024, Advocate Health became a founding member of Trustworthy and Responsible AI Network, which was formed by Microsoft. In late March, it sold Maryland based Senior Helpers to Waud Capital, the amount that the private equity firm paid is not known. On September 20, Advocate Health announced that it would cancel 11,500 liens, some that have been unpaid for 20 years.
Finances
YearRevenueOperating incomeExpenseNet incomeTotal AssetTotal Liability2023$31.75 million$82.49 million$82.49 million2024$333,741$34.79 million$2.174 million$1.84 million$105.05 million$106.89 million2025$38.94 million
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