and our subsidiaries and affiliates (collectively "athenahealth", "we", "us") power health care solutions on behalf of your healthcare provider (our "Services"). For the Terms of use and Privacy Policy that apply to your use of our website,, please visit.
athenahealth offers such Services on behalf of our HIPAA regulated clients (i.e. It operates two acute-care hospitals and has 62 clinics in Milwaukee, Ozaukee, Washington and Sheboygan counties.Please note: The below Terms of Use apply to your use of athenahealth's Services in your capacity as a patient. Mary's, part of the Ascension system, had $704 million in revenue in its fiscal year ended June 30. Tersigni, president and chief executive officer of Ascension Health Alliance, said in a statement.Īscension operates more than 70 hospitals and nearly 1,000 ambulatory care facilities in 21 states and employs more than 120,000 people.Ĭolumbia St. "This step is part of an ongoing effort to strengthen Catholic health care in the U.S.," Anthony R. The Sisters of the Sorrowful Mother would join four other religious congregations as sponsors of Ascension if a final agreement is reached. Marian Health System, sponsored by the Sisters of the Sorrowful Mother, also includes Via Christi Health in Wichita, Kan., and St. "We would be a great addition to Ascension, and they know that," Desien said. The health system's operations also include 46 clinics, and it employs more than 650 physicians, nurse practitioners and physician assistants. It has hospitals in Appleton, Chilton, Eagle River, Marshfield, Merrill, Oshkosh, Park Falls, Rhinelander, Stanley, Stevens Point, Sturgeon Bay, Tomahawk, Weston and Woodruff in Wisconsin and in Wabasha, Minn. Ministry Health Care, based in Milwaukee, has more than $2.2 billion in annual operating revenue and employs 12,000 people. "Nothing on the horizon tells us that more money is coming into health care," he said. That know-how could become increasingly important in controlling costs and improving quality. And last week, Aurora Health Care and Iasis Healthcare, a privately held company with hospitals in seven states, announced a for-profit joint venture that would pursue acquisitions and other initiatives, with an initial focus on Wisconsin and northern Illinois.īecoming part of Ascension would give Ministry Health Care quick access to the innovations and best practices at Ascension's hospitals, Desien said. And 2010, with 75 transactions, was the second-busiest year in the past decade.Įarlier this year, Wheaton Franciscan Healthcare sold its stake in Affinity Health System, which operated hospitals in Appleton, Oshkosh and Chilton, to Ministry Health Care. Mergers and acquisitions among hospitals and health systems reached a 10-year high last year, with 86 transactions, according to Irving Levin Associates Inc., which tracks mergers and acquisitions in health care. "Given the pressure on costs, scale matters," said Nick Desien, president and chief executive officer of Ministry Health Care. The tentative agreement is an example of the consolidation taking place throughout the country as hospitals and health systems face growing pressure to become more efficient.
Marian Health System, parent of Ministry Health Care and two other health systems, and Ascension said they would begin working toward a definitive agreement to combine the two systems. Mary's Health System and the country's largest Catholic health system, under a tentative agreement announced Wednesday. Ministry Health Care, which has 14 hospitals in Wisconsin and one in eastern Minnesota, could become part of Ascension Health Alliance, the parent of Columbia St.
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