During the past 29 years, through November 2007, the Authority has issued more than $960 million in revenue bonds for St. Joseph's Hospital and Medical Center (St. Joe's) and its parent organization, Catholic Healthcare West (CHW). A portion of the bonds helped St. Joe's to construct its healthcare facilities. The others were used to finance CHW's Business Services Center, which consolidated CHW's non-clinical functions. This consolidation was the first significant venture of its kind in the healthcare industry.