Wheaton Franciscan Healthcare Becomes Part of Ascension Wisconsin

Wheaton and Ascension reach final agreement

Mar 01, 2016, 11:30 ET from Ascension

ST. LOUIS, March 1, 2016 /PRNewswire/ -- Ascension and Wheaton Franciscan Healthcare announced today the signing of an agreement making Wheaton's Southeast Wisconsin operations and related corporate services part of Ascension Wisconsin, effective today, March 1, 2016.

"Ascension and Wheaton Franciscan Healthcare share a common goal of serving all with special attention to those living in poverty and those most vulnerable. We share a commitment to promoting community and the common good, and advocating for a compassionate and just society through actions and words," said Anthony R. Tersigni, EdD, President and Chief Executive Officer, Ascension. "This step is part of an ongoing effort to strengthen Catholic healthcare in the U.S."

"We're excited to welcome Wheaton Franciscan Healthcare's Wisconsin operations to our national health ministry," said Robert J. Henkel, FACHE, President and Chief Executive Officer, Ascension Health, the healthcare delivery subsidiary of Ascension. "Adding their strengths and expertise to Ascension creates a combined ministry that is even better positioned to live our Mission and achieve our Strategic Direction for residents across Wisconsin as our healthcare environment continues to evolve."

The process to bring Ascension and Wheaton together began nearly two years ago, when the Wheaton Franciscan Sisters engaged in a discernment process to ensure that their mission would endure in each community served. Wheaton leadership determined Ascension to be the best fit because the mission and values of both organizations align with each other, including the common commitment to deliver high-quality patient care with special emphasis on serving those who are poor and vulnerable. "We are pleased to become part of Ascension Wisconsin. This relationship will support our efforts in delivering high-quality, compassionate and personalized care in the communities we serve," said John Oliverio, President and CEO of Wheaton Franciscan Healthcare.

The two health systems announced plans to enter into the agreement in October 2015. The agreement includes Wheaton's Southeast Wisconsin region with eight hospital campuses, 330 medical group physicians, outpatient centers, transitional and long-term care facilities, home health and hospice, and nearly 11,000 associates as well as the related corporate services.

About Wheaton Franciscan Healthcare
Wheaton Franciscan Healthcare in Southeast Wisconsin is a Catholic, not-for-profit healthcare organization that was started more than 140 years ago and formally incorporated in 1983. Hospitals in Southeast Wisconsin are Wheaton Franciscan Healthcare – All Saints; Wheaton Franciscan – Elmbrook Memorial, St. Joseph, and Midwest Spine and Orthopedic Hospital and Wisconsin Heart Hospital Campuses; Wheaton Franciscan Healthcare – St. Francis and Franklin Hospitals; Midwest Orthopedic Specialty Hospital, a joint venture, in Franklin.  Wheaton Franciscan Medical Group includes more than 330 physicians in more than 50 locations, nearly 11,000 associates, a network of outpatient centers, three transitional and extended care facilities, Home Health, and Hospice. 

Prior to joining Ascension, the System was sponsored by the Wheaton Franciscan Sisters and Felician Sisters in Southeast Wisconsin.

About Ascension
Ascension (www.ascension.org) is a faith-based healthcare organization dedicated to transformation through innovation across the continuum of care. As the largest non-profit health system in the U.S. and the world's largest Catholic health system, Ascension is committed to delivering compassionate, personalized care to all, with special attention to persons living in poverty and those most vulnerable. In FY2015, Ascension provided nearly $2 billion in care of persons living in poverty and other community benefit programs. Approximately 160,000 associates and 36,000 aligned providers serve in 2,000 sites of care – including 137 hospitals and more than 30 senior living facilities – in 24 states and the District of Columbia. In addition to healthcare delivery, Ascension subsidiaries provide a variety of services and solutions including physician practice management, venture capital investing, investment management, biomedical engineering, clinical care management, information services, risk management, and contracting through Ascension's own group purchasing organization.

About Ascension Wisconsin
Ascension Wisconsin includes Columbia St. Mary's, Wheaton Franciscan Healthcare and Ministry Health Care (which includes Affinity Health System), with 27 hospitals and hundreds of sites of care across the state. Together, the health systems employ more than 24,000 associates and nearly 1,000 medical group physicians. In fiscal year 2015, the health systems that now comprise Ascension Wisconsin provided $300 million in community benefit and care of persons living in poverty.

 

SOURCE Ascension



RELATED LINKS

http://www.ascension.org