How St. Joseph’s climbed out of a $72 million hole
23 FEBRUARY 2016
The hospital rebounded from losing 6,000 patients and $72 million after a 2009 malpractice scandal.
CLICK HERE to read the article from the Baltimore Business Journal published on February 19, 2016.
In 1976, former Maryland State Senator Francis X. (Frank) Kelly and his wife, Janet, founded a small insurance company in the basement of their Timonium, Maryland home. Today, Kelly & Associates Insurance Group (KELLY) is the region’s leading health insurance broker/administrator, which consists of multiple companies that provide integrated total benefits, payroll and workforce management solutions for employers of every size.
Senator Kelly is now the Chairman of Kelly & Associates Insurance Group and Frank Kelly III, the eldest son of Janet and Frank, serves as CEO of the KELLY companies. Frank and Janet Kelly’s other sons, John, David and Bryan, are key leaders in the business serving in chief roles as well as presidents of KELLY’s entities and divisions.
The expanding enterprise, serves over 10,000 corporate clients
and employs more than 450 people serving companies that range in size from sole proprietors to corporations with more than 20,000 employees. Based in Baltimore County since its inception, the organization moved its headquarters to Sparks, Maryland in 2015 and has regional offices in Rockville, Maryland and Wilmington, Delaware.
Kelly & Associates Insurance Group has won recognition as Maryland’s largest Employee Benefits Administrator by The Baltimore Business Journal for fifteen consecutive years, and was awarded the Family Business Award of Excellence through the Ernst & Young Entrepreneur of The Year® program in 2013.