St. Louis-based BJC HealthCare opens up its books

St. Louis-based BJC HealthCare recently laid out its financial position and plans for the future in a recent bond filing. About one in three admissions to a St. Louis-area hospital go to one of BJC's nine area hospitals, and this market dominance hasn't changed much over the last 10 years, said Chief Executive Steve Lipstein. Maintaining that position requires constant investment in new technology and new facilities, a strong physician referral system, and a profitable mix of patients, he said.