Ascension exits Michigan health care market with sale of 4 hospitals

• Ascension, based mostly in St. Louis, is planning to promote 4 of his Borgess hospitals in southwestern Michigan to the Beacon Well being System established in Indiana.
• In anticipation of the regulatory evaluation, Beacon mentioned that the deal might be accomplished this summer time and can add 2,700 staff to the system, which now has 8,100 staff.
• Till final yr, Ascension owned and operated 15 Michigan hospitals. However as a part of offers with Henry Ford Well being, MyMichigan Well being – and now Beaconon – won’t disappear the title of Ascension in Michigan.

The title of Ascension Well being Care in Michigan will disappear later this yr when it completes a deal to promote 4 of his hospitals within the southwestern a part of the state to the Beacon Well being System established in Indiana.

The non -profit beacon announced last week That it’s planning to amass the 4 remaining hospitals of Ascension Michigan Michigan Borgess Hospital in Kalamazoo, Ascension Boress Allegan Hospital, Ascension Boress-Lee Hospital in Dowagiac and Ascension Borgess-Pipp Hospitals with 35 Outpatenson-BorgaG-Baigsge-BorgaG-Mamem-BorgaG-BorgaG-BorgaG-Mamem-BorgaG-MamaG-Mamem-BorgaG-Mamem-BamaG-Bamamic The south of Michigan.

“Increasing our attain deeper in southwestern Michigan broadens entry to excessive -quality, reasonably priced look after communities operated by Ascension, expands our service space and gives development choice to additional strengthen the well being system,” mentioned Kreg Gruber, CEO of Beaon Well being System, in an announcement. “This acquisition will create a shiny future for these communities by having access to high quality well being look after generations.”

In anticipation of the regulatory evaluation, Beacon mentioned that the deal might be accomplished this summer time and it’ll add 2,700 staff to the system, which now has 8,100 staff and has its head workplace in South Bend, Indiana.

It’s the latest spin -in a rise within the sale of actual property for the Catholic non -profit Ascension, which has offered or consolidated 34 hospitals and 6 senior residential amenities since December 2023, in accordance with a free press evaluation of Information -Sascension reported on its web site.

It’s a part of the corporate’s efforts to regain his monetary foot after the aftermath $ 2.66 billion in losses in 2022 and early 2023. It reported one Net -income of $ 277 million in the second quarter of this tax yr.

Till final yr, Ascension owned and operated 15 Michigan hospitals. However as a part of offers with Henry Ford Well being, MyMichigan Well being and now Beacon-It should go away the Catholic Well being System based mostly in St. Louis, even when it maintains monetary toes.

Extra: Henry Ford Well being ends the Ascension deal and turns into the 2nd largest well being system of Michigan

The 4 Southwestern Michigan Ascension Borgess hospitals might be renamed the title of the Beacon Well being System as soon as the acquisition is accomplished. No job losses are anticipated, mentioned spokesperson Heidi Prescott.

“All clinicians and staff of Southwest Michigan are given the chance to proceed beacon Well being System, given that they observe Beacon’s recruitment course of and meet the authorized necessities to work,” mentioned Prescott in an e -mail message to the Detroit Free Press. “This contains the clinicians and staff of associated AMG (Ascension Medical Group) practices.”

Prescott refused to reply how a lot the acquisition Beacon prices or that the entry of the affected person to reproductive and LGBTQ+ Healthcare on the Ascension properties might be influenced by the deal.

“It is too early to debate particular companies,” mentioned Prescott.

Extra: As main well being techniques go collectively in Michigan, unbiased hospitals disappear

Ascension didn’t instantly reply to a free press request for feedback.

In August, Ascension accomplished the sale of three hospitals, along with a nursing residence and an unbiased Emergency Division/Surgical procedure for Mymichigan Well being. The deal involved the next properties:

• Ascension St. Mary’s Hospital in Saginaw, which was renamed Mymichigan Medical Middle Saginaw
• Ascension St. Mary’s Towne Middle in Saginaw, which was renamed Mymichigan Medical Middle Towne Middle
• Ascension St. Joseph Hospital in Tawas, which was renamed Mymichigan Medical Middle Tawas
• And Ascension Standish Hospital, which was renamed Mymichigan Medical Middle Standish

And consolidated on the finish of September with Henry Ford Well being in Detroit, switch of 80% possession and the appointment of rights to Henry Ford for the next hospitals:

• Ascension Genesys Hospital in Grand Blanc, who was renamed Henry Ford Genesys Hospital
• Ascension Macomb-Oakland Hospital, Warren Campus, which was renamed Henry Ford Warren Hospital
• Ascension Macomb-Oakland Hospital, Madison Heights Campus, which was renamed Henry Ford Madison Heights Hospital
• Ascension Windfall Hospital, Novi Campus, which was renamed Henry Ford Windfall Novi Hospital
• Ascension Windfall Hospital, Southfield Campus, which was renamed Henry Ford Windfall Southfield Hospital
• Ascension Windfall Rochester Hospital, which was renamed Henry Ford Rochester Hospital
• Ascension River District Hospital, which was renamed Henry Ford River District Hospital
• Ascension St. John Hospital, which was renamed Henry Ford St. John Hospital
• And Ascension Brighton Middle for Restoration, which was renamed Henry Ford Brighton Middle for Restoration

Contact Kristen Shamus: kshamus@freepress.com.

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