Novant Health is a four-state integrated network of physician clinics, outpatient centers and hospitals across the Southeast United States.
"[9] In July 2015, Novant Health concluded a months-long internal reorganization by terminating approximately 2% of its workforce, or about 400 employees.
Despite the layoff announcement, officials said in a statement that the health system was "financially healthy" and a year-end report showed it generated a profit of $201.8 million the previous fiscal year.
[10] This was the largest system-wide layoff incident for the organization since its previous termination of 289 employees in May 2012,[11] which caused picketing and protests associated with the Occupy movement.
[13] The St. Jude Affiliate Clinic at Novant Health Hemby Children's Hospital provides specialized hematology and oncology care for pediatric patients in North and South Carolina.
[18] Novant Health Mint Hill Medical Center opened in October 2018[19] , the system's first new hospital campus in several years after more than a decade of planning and construction that was slowed down by the 2008 Great Recession.
The Mint Hill, North Carolina facility opening was the highest profile example of Novant Health's strategy to expand services within its existing markets after several failed ventures into new markets, including the sale of Gaffney Medical Center in Gaffney, SC in 2014,[20] the closure of Franklin Medical Center in Louisburg, NC in 2015,[21] and the terminated acquisition of Memorial Health in Savannah, GA in 2016.
Novant Health has also expanded capacity at its other North Carolina regional facilities including Clemmons,[23] Kernersville,[24] and Huntersville.
[25] In 2018 and 2019, Novant Health made several large real estate purchases for future growth including the former Sears store at Hanes Mall in Winston-Salem, NC,[26] a large medical office building in the SouthPark region of Charlotte, NC,[27] and the Hall Family Farm in the Ballantyne area of south Charlotte for a future medical center.
[29] The institute will "focus on the advanced technologies required to provide highly personalized care and accelerated solutions with actionable data and insights for preventative prediction, diagnosis and treatment to Novant Health's patients.