In 2013 it had revenues of $2.6 billion and about $2 billion in assets. Its CEO is paid about $3.5 million a year. Yet it still describes itself as “a not-for-profit Catholic health care ministry” continuing “a tradition of caring that the Sisters of Providence began more than 158 years ago.” It lists nuns from Providence Ministries as its “sponsors.” The senior vice president of the health system received a papal medal from John Paul II, the Cross Pro Ecclesia et Pontifice, for his service after he retired in 2001.
