Northwestern Medicine Lake Forest Hospital Revenue and Competitors

Chicago, IL USA

Location

N/A

Total Funding

Estimated Revenue & Valuation

  • Northwestern Medicine Lake Forest Hospital's estimated annual revenue is currently $501.6M per year.(i)
  • Northwestern Medicine Lake Forest Hospital's estimated revenue per employee is $378,000

Employee Data

  • Northwestern Medicine Lake Forest Hospital has 1327 Employees.(i)
  • Northwestern Medicine Lake Forest Hospital grew their employee count by 4% last year.

Northwestern Medicine Lake Forest Hospital's People

NameTitleEmail/Phone
1
Chief Department MedicineReveal Email/Phone
2
Security officerReveal Email/Phone
3
ControllerReveal Email/Phone
4
Security OfficerReveal Email/Phone
5
Director Operations/Associate Chief Nursing ExecutiveReveal Email/Phone
6
Director, Orthopedics, Neurosciences, and Rehab ServicesReveal Email/Phone
7
Interim Director Case Management/Social Servcies/OMU/RACReveal Email/Phone
8
Director Emergency ServicesReveal Email/Phone
9
Director North Market Immediate Care CentersReveal Email/Phone
10
EMS Medical DirectorReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$13.9M57-30%N/AN/A
#2
$4.9M26-4%N/AN/A
#3
$142.1M4218%N/AN/A
#4
$9.9M465%N/AN/A
#5
$165.7M4915%N/AN/A
#6
$607.1M16065%N/AN/A
#7
$7.8M366%N/AN/A
#8
$10.4M48-11%N/AN/A
#9
$52M1757%N/AN/A
#10
$529.2M140010%N/AN/A
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What Is Northwestern Medicine Lake Forest Hospital?

Northwestern Lake Forest Hospital is committed to providing the communities we serve the highest quality health care through exceptional access to state-of-the-art clinical services with compassionate and personal care. Our History The Northwestern Lake Forest Hospital Legacy From its beginning in 1899 as the Alice Home Hospital on the campus of Lake Forest College, and continuing since 1942 in its present location on the grounds of the former Dick family farm, Northwestern Lake Forest Hospital remains on the leading edge of medical technology and is committed to providing quality healthcare with a personal touch. Over the past 100+ years, and with the generous support of the community, Northwestern Lake Forest Hospital has grown into a 205-bed not-for-profit community hospital offering an unmatched continuum of healthcare services. In addition to the medical office buildings on its main Lake Forest campus, Northwestern Lake Forest Hospital offers healthcare services at its Grayslake campus and other convenient area facilities and anticipates continued growth in the future. Initially governed by the three-member Hospital Association of Lake Forest, leadership has grown to a board of directors with representatives from both the community and the medical staff. The Northwestern Lake Forest Hospital Foundation includes: Northwestern Lake Forest Hospital Lake Forest and Lindenhurst Health & Fitness Institutes Dearhaven Child Care & Learning Center Westmoreland Nursing Center Women’s Board of Northwestern Lake Forest Hospital 1899-1940 A Foundation of Caring Northwestern Lake Forest Hospital was founded on the tradition of giving. Home to many of Chicago’s premier business leaders and influential families, the community of Lake Forest, boasted nearly 2,000 residents by the late 1890s. At that time, the nearest healthcare facility was located in Waukegan and it was a long trip by train. Dr. Alfred C. Haven, the town’s sole physician, gained support among community leaders for building a hospital in Lake Forest. Pastor G.K. McClure, president of Lake Forest University, met with Dr. Haven and Mrs. Henry Durand, wife of the president of the University’s board of trustees. Mrs. Durand agreed the healthcare needs of the community were not being met and submitted a proposal to the board along with $5,000 to be used to build a hospital named "Alice Home" in memory of her sister Alice Burdsall Burhans. Medical science in the early 20th century faced a variety of challenges as vaccinations and antibiotics did not yet exist. Additionally, the rising population led to an increase in contagious diseases and the need grew to isolate infectious patients. A separate contagious ward was built nearby in South Park in 1908 for this purpose. With continued growth in the community, Alice Home expanded to keep up with demand. A small addition to the hospital was built in 1912. Later, separate quarters housed the nursing staff. This building now serves as a dormitory for Lake Forest College students. During this time, other additions to Alice Home included an operating room, a separate maternity ward and an X-ray facility, all gifts from prominent Lake Forest families. Contributions of time and money, however, were not the only ways community residents showed support. By the late 1930s the healthcare needs of the residents of Lake Forest were outgrowing those available through Alice Home, so a number of alternatives were considered. The cost to modernize the hospital rivaled the cost of new construction; even so, the wooden structure would remain a fire hazard. Plus, Alice Home’s location made further expansion difficult. Several sites for building a new hospital were considered, but the A.B. Dick family’s offer to donate their property for this purpose simplified the search. To increase community awareness and secure financial support for the new hospital, a testimonial-style pamphlet was distributed throughout Lake Forest. Plans for the development of the hospital building soon followed. Stanley Anderson, a prominent local architect who had designed Lake Forest High School, as well as numerous private residences, was chosen to lead the project. 1941-1968 A Time for Growth In 1942, the new Northwestern Lake Forest Hospital opened to serve the community. With 41 beds, the hospital provided most every major health care service available at the time. Wartime shortages due to World War II were gripping the country; however, the hospital continued to operate efficiently due to the continued support and generosity of community residents. Once again, the women of Lake Forest stepped in to assist nurses and staff members with day-to-day operations. Throughout the 1950s and 1960s, community healthcare needs continued to grow as the hospital was now serving an even larger population base, reaching out to residents from nearby towns that were beginning to develop at this time. To keep pace with a growing patient base, two new wings were added at the west end of the hospital in 1967. As medical technology advanced, Northwestern Lake Forest Hospital remained on the cutting edge, acquiring the latest equipment for the diagnosis and treatment of disease. In the late 1960s, the hospital purchased its first piece of radiation therapy equipment, a cobalt treatment unit, an acquisition that was ahead of its time for a community hospital. Moving physician offices to the hospital campus made it more convenient for doctors and their patients, but it also angered business owners who felt the lack of patient traffic downtown would deter businesses. Instead, the vacant office space allowed a variety of unique shops to open in the Market Square area of town. 1969-1999 A Tradition of Quality Healthcare The 88-bed skilled-care facility, Westmoreland Nursing Center, was added to the hospital campus in 1975 to serve the growing healthcare needs of the community. During this timeframe, LFH continued to focus on expanding its service offerings to care for people at various stages in life. With the opening of the McGaw Medical Building in 1981, Northwestern Lake Forest Hospital became the first comprehensive healthcare campus in the area and one of only a few in the state. A critical care unit/surgery wing was added in 1983 and an additional on-campus facility, the Bays Medical Building, opened in 1992 to further serve patient needs. Another significant achievement, allowing the hospital to broaden its service offerings, included the 1986 opening of the first off-campus medical building in Vernon Hills. This facility, and others in Gurnee (1991) and Libertyville (1997), were built so patients could access quality care close to home. In order to fulfill its mission to expand beyond the traditional focus of medical care, the Northwestern Lake Forest Hospital Foundation expanded its service offerings to include Dearhaven Childcare & Learning Center in 1989. The Lake Forest Health & Fitness Institute opened on the hospital campus in 1994 to focus attention on wellness and prevention efforts, and expand rehabilitation efforts. In efforts to expand wellness and prevention efforts into Lake County, the Lindenhurst Health & Fitness Institute opened in 2000. In 1997, the new Patient Services & Health Education Center was named in memory of A. Watson Armour III, a long-time benefactor of the hospital. The facility offers outpatient medical services, as well as a state-of-the-art health education conference center. The Armour Charitable Trust represents the largest single gift ever received by Northwestern Lake Forest Hospital and will benefit Lake County residents for years to come. With the help of funds from Among Friends benefits, Northwestern Lake Forest Hospital purchased a state-of-the-art linear accelerator in 1998 to help treat patients with advanced cancer. After the millennium, long-standing philanthropists at the hospital launched a campaign to build a new women’s hospital. This group of committed supporters raised $15 million to support the construction of a beautiful new maternity center with a special care nursery, as well as a comprehensive breast care center. The Hunter Family Center for Women’s Center and the Posy Krehbiel Breast Care Center are named for the donors whose generosity resulted in the creation of a facility offering the finest care for women in the area. Looking Towards the Future Thanks to the ongoing support of generous community residents, Northwestern Lake Forest Hospital is positioned to serve the healthcare needs of its community well into the future. Today, a dedicated staff of more than 1,600 professional staff members and nearly 600 physicians serve patients throughout the region.

keywords:N/A

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Total Funding

1327

Number of Employees

$501.6M

Revenue (est)

4%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Northwestern Medicine Lake Forest Hospital News

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Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$294.4M145010%N/A
#2
$316.7M161631%N/A
#3
$596M16968%N/A
#4
$675.1M1786-8%N/A
#5
$417.7M20338%N/A