Claire Dawson
Jefferson Health, which includes Thomas Jefferson University and Jefferson Hospital, is a multi-state non-profit health system. As of 2023, Jefferson Health had over 42,000 employees, including over 9,600 nurses, 5,963 credentialed physicians, 1,900+ faculty, 1,662 residents, and 331 fellows. The health system's hospitals serve as the teaching hospitals of Thomas Jefferson University.
| Characteristics | Values |
|---|---|
| Total number of employees | 42,000+ |
| Number of nurses | 9,600+ |
| Number of credentialed physicians | 5,963 |
| Number of employed physicians | 2,317 |
| Number of faculty | 1,900+ |
| Number of residents | 1,662 |
| Number of fellows | 331 |
| Number of hospitals in the network | 18 |
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What You'll Learn
Jefferson Health's financial turnaround
Jefferson Health, which includes Thomas Jefferson University and Jefferson Hospital, has experienced a significant financial turnaround in recent years. As of 2025, the health system comprises 18 hospitals, a university, and a health insurance company, with a total of 42,000 employees across the Philadelphia metro area.
Prior to its financial turnaround, Jefferson Health faced operating losses, particularly during the COVID-19 pandemic, which impacted healthcare systems worldwide. In June 2023, the organization reported a loss of $78.5 million. However, by June 30, 2024, Jefferson Health's financial performance had improved dramatically, generating a profit of $1.3 million. This turnaround can be attributed to the leadership of Dr. Joseph Cacchione, who served as CEO of Jefferson Health since August 2022, and the support of the board of directors for structural changes.
Chief Financial Officer John Mordach, who joined in February 2023, credited Cacchione's vision and the dedication of the entire team of employees for the successful turnaround. Additionally, Mordach emphasized the importance of treating the non-profit organization like a business, stating, "We do have to run ourselves, as if though, we are just like a business. No margin, no mission."
To achieve this financial turnaround, Jefferson Health implemented a series of operational initiatives. An executive team was created, with each member taking responsibility for their area of expertise, including financial accountability. There were 30 different operational initiatives, each sponsored by an executive, covering areas such as clinical, academic, and insurance health plans. This active management style, promoted by Mordach, involved leadership engaging directly with their various locations and teams to understand their needs and concerns.
Jefferson Health's commitment to professional development opportunities for its employees is also noteworthy. The organization offers over 50 courses through its Learning and Development department, and its online recognition program, Jefferson Honors, allows employees to send "Thank You" cards to their colleagues to recognize their hard work and dedication.
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Jefferson Health's employee recognition
Jefferson Health, which includes Thomas Jefferson University and Jefferson Hospital, employs over 42,000 people across the Philadelphia metro area. It is the second-largest employer in the region and is expected to become the largest. The health system includes 18 hospitals, a university, and a health insurance company.
Jefferson Health places a strong emphasis on recognising and rewarding its employees for their hard work and dedication. They offer a wide range of professional development opportunities, with access to over 50 courses through their Learning and Development department. Each year, around 1,000 employees attend the annual service recognition celebration, honouring their commitment to Jefferson.
Jefferson Honors is an online reward and recognition program that allows employees to send a quick "Thank You" card to their colleagues. This platform fosters a culture of appreciation and gratitude within the organisation.
The organisation's commitment to its employees is evident in its recognition of their hard work and dedication. By investing in professional development opportunities and creating a culture of appreciation, Jefferson Health values its employees and recognises their contributions to the organisation's success.
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Jefferson Health's CEO
Jefferson Health, a multi-state non-profit health system, has experienced a remarkable financial turnaround in the past year. As of June 30, 2023, Jefferson Health had over 42,000 employees, including 9,600 nurses, 5,963 credentialed physicians, 1,900 faculty members, 1,662 residents, and 331 fellows.
Dr. Cacchione's leadership skills and strategic vision have been credited for Jefferson Health's improved financial performance. He has demonstrated a commitment to innovation, growth, and improving patient care. Under his leadership, Jefferson Health has undergone significant growth, including a landmark merger with the Allentown-based Lehigh Valley Health Network, which expanded the health system's reach and resources.
In addition to his business acumen, Dr. Cacchione is a lifelong advocate for clinical quality and patient experience. He has a detailed understanding of clinical service delivery, which enables him to implement innovative approaches that improve efficiency while enhancing clinical quality and patient satisfaction. His ability to manage complex organizations and build diverse, high-performing teams has been highlighted as a key strength by the Jefferson Board of Trustees.
With Dr. Cacchione at the helm, Jefferson Health is well-positioned to continue its upward trajectory, solidifying its reputation as one of the nation's most respected healthcare organizations.
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Jefferson Health's 18 hospitals
Jefferson Health, including Thomas Jefferson University and Jefferson Hospital, has experienced a positive shift in its financial situation over the past year. As of June 30, 2023, Jefferson Health reported a profit of $1.3 million, compared to a loss of $78.5 million in the previous year. This financial turnaround is attributed to the efforts of CEO Dr. Joseph Cacchione, the board of directors, and the dedicated work of its employees.
Jefferson Health is a multi-state non-profit health system with 18 hospitals, a university, and a health insurance company under its umbrella. It is the second-largest employer in the Philadelphia metro area, with 42,000 employees, including over 9,600 nurses, 5,963 credentialed physicians, 1,900 faculty members, 1,662 residents, and 331 fellows. The health system serves as the teaching hospitals of Thomas Jefferson University, with which it shares a board of directors and produces joint financial statements.
Thomas Jefferson University Hospitals, the flagship hospital of Jefferson Health, has 951 licensed acute care beds and offers major programs in a wide range of clinical specialties. Services are provided at five primary locations: Thomas Jefferson University Hospital, the main hospital facility established in 1825, and Jefferson Hospital for Neuroscience. Additionally, Jefferson Health has merged with other healthcare entities over the years, including Methodist Hospital in 1996, Aria Health in 2016, and Einstein Healthcare Network in 2021.
Jefferson Health prioritises professional development opportunities for its employees, offering over 50 courses through its Learning and Development department. The organisation also values recognising employees for their hard work, hosting an annual service recognition celebration and providing an online reward and recognition program called Jefferson Honors. This comprehensive approach to employee development and appreciation contributes to Jefferson Health's reputation for excellence in patient care and medical education.
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Jefferson Health's teaching hospitals
Jefferson Health, including Thomas Jefferson University Hospitals, is a multi-state non-profit health system. It is the second-largest employer in the Philadelphia region, with 42,000 employees, 9,600 nurses, 5,963 credentialed physicians, 1,900 faculty members, 1,662 residents, and 331 fellows. The health system's hospitals serve as the teaching hospitals of Thomas Jefferson University.
Thomas Jefferson University and Jefferson Health are integrated as two arms of the same organisation, with a single board of directors and joint financial statements. The university and its hospitals have been at the forefront of the medical field for nearly two centuries, with a longstanding history of providing exceptional care and training the next generation of healthcare leaders.
The flagship hospital of Jefferson Health is the Thomas Jefferson University Hospital in Center City Philadelphia, which was established in 1825. The hospital has 951 licensed acute care beds and provides services at five primary locations. The other hospitals in the Jefferson Health system include Jefferson Hospital for Neuroscience, Jefferson Cherry Hill Hospital (formerly Kennedy Hospital), and Jefferson Frankford Hospital (formerly part of Aria Health).
Jefferson Health has undergone several mergers and structural changes over the years, including with Methodist Hospital in 1996, Aria Health in 2016, and Einstein Healthcare Network in 2021. The health system offers its employees professional development opportunities, with access to over 50 courses through its Learning and Development department. It also recognises the dedication and hard work of its employees through its annual service recognition celebration and its online reward and recognition program, Jefferson Honors.
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Frequently asked questions
Jefferson Hospital, part of Jefferson Health, has over 42,000 employees as of 2023.
There are 5,963 credentialed physicians, 2,317 of whom are employed by the hospital.
Jefferson Hospital has over 9,600 nurses.
