# Presbyterian Healthcare Services

Presbyterian Healthcare Services is an Endowment / Foundation based in Albuquerque, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Albuquerque, United States
- **Region:** North America
- **Address:** 9521 San Mateo Blvd NE, Albuquerque, NM 87113, United States
- **Founded:** 1908
- **Assets under management:** 2850 (Altss estimate)
- **Website:** phs.org
- **LinkedIn:** https://www.linkedin.com/company/presbyterian-healthcare-services

## Regulatory record

- **Reports private funds:** No

## About

Presbyterian Healthcare Services was established in 1908 by Rev. Hugh A. Cooper as the Southwest Presbyterian Sanatorium. The entity grew into a regional healthcare provider that now runs hospitals, a medical group, and Presbyterian Health Plan, Inc. No family wealth origin is disclosed; the system functions as a community-owned not-for-profit. The system allocates 4.32 percent of assets to private equity and maintains a secondaries and co-investment posture alongside buyout and venture exposure. Confirmed holdings include Southwest Magnetic Imaging Associates at 90 percent ownership and Advanced Imaging LLC at 50 percent ownership. Operations remain concentrated in New Mexico with additional clinical partnerships extending into surrounding states. Fourteen thousand employees staff the nine hospitals and administrative functions headquartered in Albuquerque. Presbyterian Healthcare Foundation, established in 1968, serves as the philanthropic vehicle and reported $10.15 million in giving in recent data. In December 2024 Rishi Sikka, MD succeeded Dale Maxwell as President and CEO. The system maintains full ownership of Presbyterian Health Plan, Inc. and Presbyterian Insurance Company, Inc. through holding entities, creating an integrated insurance and provider structure uncommon among pure asset owners.

## Sectors

- Healthcare Services

## People

- Rishi Sikka, MD — President and CEO
- James Staten — CFO
- Dale Maxwell — Former President and CEO

## Questions

### Who runs investment decisions at Presbyterian Healthcare Services?

Rishi Sikka, MD as President and CEO oversees overall strategy while James Staten serves as CFO. Investment execution draws on external advisors including Wells Fargo Securities and Madrid Wealth Management.

### Does Presbyterian Healthcare Services participate in fund commitments or only direct deals?

The system holds both fund commitments through its Alternative Investment Portfolio and direct ownership stakes such as 90 percent of Southwest Magnetic Imaging Associates.

### What asset classes does Presbyterian Healthcare Services allocate to?

Public records show 4.32 percent in private equity, a common equities portfolio valued at $103 million, and a bond funds portfolio valued at $110 million as of 2021-2022 statements.

### Where does Presbyterian Healthcare Services operate?

All hospital facilities and the health plan are located in New Mexico, with headquarters in Albuquerque and additional sites in Rio Rancho, Santa Fe, Clovis, Ruidoso, Socorro, Espanola, and Tucumcari.

### How is Presbyterian Healthcare Foundation related to the system?

The foundation, established in 1968, raises and stewards philanthropic funds that support programs including the Nursing Career Pathways Program and the Healthcare Advanced Learning Lab.

## Related profiles

- [Argonaut Private Equity](https://altss.com/profile/argonaut-private-equity)
- [Corning](https://altss.com/profile/corning)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/presbyterian-healthcare-services

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