Bon Secours Mercy Health Chooses Cincinnati for Headquarters
Company Name: Bon Secours Mercy Health
Location: Cincinnati
Industry Sector: Healthcare
Company Profile: The founders of Bon Secours Mercy Health have been providing care to those in need for nearly 200 years. Today, the ministry is one of the top 20 health systems in the United States. More than 57,000 employees provide quality care in communities throughout Florida, Kentucky, Maryland, New York, Ohio, South Carolina and Virginia.
Company Website: https://bsmhealth.org/
Project Summary:
- Capital Investment: $50 million
- Number of Jobs:
- Jobs committed: 500
- Jobs retained: 1,089
- Types of jobs: Headquarter and corporate jobs, including finance and accounting, IT, marketing and legal
Company Need:
Maryland-based Bon Secours and Cincinnati-based Mercy Health merged in September 2018. The combined organization, called Bon Secours Mercy Health, comprises 43 hospitals in seven states and more than 2,100 physicians. After the merger, the company evaluated its footprint in Cincinnati to determine the most cost-effective location to establish its headquarters and grow its employment base.
Why Ohio?
After considering several locations for a hub, the company ultimately decided to stay in Cincinnati because of the region’s skilled talent pool, Ohio’s competitive cost of doing business, and the opportunity for expansion at the current Bond Hill location. The 500 new jobs created by this expansion will consist primarily of shared services positions to support the company’s operations and will pay an average annual wage of nearly $100,000. This is the second time in the last four years that the company has partnered with REDI Cincinnati to expand its presence in the region.
Testimonial:
“Consolidating the bulk of our shared services at one location enhances efficiencies and (the) effectiveness for our ministry, while benefiting the economic health of Bond Hill and Cincinnati.” – John Starcher, Bon Secours Mercy Health President and CEO
Collaborators:
JobsOhio, REDI Cincinnati, city of Cincinnati