Providence Regional is the third-largest hospital in Washington, with two campuses. It is currently building a $500 million, 368-bed tower, which will double capacity. In 2008, the medical center decided to grow Providence Physician Group to about 100 members over the next three years. To reach this goal, it has increased physicians’ involvement in decision-making, such as giving them half the membership in a committee establishing priorities for its capital plan. The 268-bed hospital runs the largest musculoskeletal program in northwest Washington. It is part of Providence Health & Services, one of the nation’s largest Catholic healthcare organizations, which has been adding hospitals and physician practices and becoming more integrated. Providence Health System has an Aa2 bond rating from Moody’s Investor Services.
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