Henry Ford Hospital is a major acute-care teaching hospital located in Detroit, Michigan, serving as the flagship institution of the Henry Ford Health System. It generates revenue through a broad mix of inpatient and outpatient services, including emergency care, specialized surgeries, oncology, cardiology, and a comprehensive stroke center, while also receiving significant funding from research grants, insurance reimbursements, and philanthropic support. As a regional referral center with national and international patient draw, the hospital employs a large multidisciplinary workforce to support its 24/7 operations and cutting-edge medical programs. With an estimated 150 W-2 employees on its direct payroll, the hospital could realize approximately $178,500 in annual savings through the Employee Benefits Program (EBP) at $1,190 per employee. Benefits decisions at Henry Ford Hospital are typically overseen by the Chief Medical Officer in partnership with the Human Resources leadership, making the CMO a key touchpoint for EBP discussions. The hospital’s strong focus on innovation, talent retention, and cost management creates a compelling motivation to adopt EBP: the recurring tax credit savings can be redirected toward staff development programs, advanced medical equipment, or initiatives that reduce turnover among critical roles such as nurses, technicians, and specialists. Additionally, offering a competitive benefits package enhanced by EBP aligns with the institution’s mission to attract and retain top-tier medical professionals in a highly competitive healthcare market.
See how much Henry Ford Hospital could save with the Employee Benefit Program