Each system will retain the hospitals they originally contributed to the partnership. In October that year, Ascension and AdventHealth announced the planned dissolution of their joint venture AMITA Health in 2022. Officials with the company have said they hope to reduce hospitalizations by improving at-home prescription management through the hub. The hub fills 5,000 prescriptions per shift and houses a "patient engagement center" designed to offer patients assistance with understanding their medication. In 2021, Ascension opened a pharmacy hub in Austin, Texas. Ascension representatives responded by saying the payments were justified as the company had not laid-off or furloughed employees during the pandemic. Ascension drew some criticism for receiving some $211 million in relief payments despite having $15.5 billion in cash reserves, enough to operate for eight months. Near the beginning of the coronavirus pandemic in March 2020, some Ascension hospitals in Wisconsin told uninsured patients they would not be charged for testing or treatment of COVID-19. Denman contended that she had been cheated out of the due process, as provided in the company substance-abuse policy, depriving her of a chance to establish her innocence, and retain her position. The lawsuit arose from a December 2017 incident, in which Denman was accused of smelling like alcohol while on duty. Vincent Medical Group for defamation and fraud. In February, 2020, a jury awarded obstetrician/ gynecologist Rebecca Denman, MD, $4.75 million in damages by an Indiana jury, after suing Ascension's St. city council specifically passed an ordinance to give the city the power to block the closing, the suit was ultimately withdrawn by the Attorney General after reviewing plans for the hospital's closure. In December 2018, the Attorney General of the District of Columbia brought suit against Ascension in an attempt to prevent the closure of the Providence Health System hospital, which served a low-income population but was financially unviable. The move was made in response to decreased government reimbursements, reduced profit margins, and higher costs of care.
Īscension announced plans to make changes to its business model in 2018, shifting away from a hospital-oriented business to one prioritizing outpatient care and telemedicine. In January, 2018, the parties announced a settlement, in which Ascension would pay $29.5 million to the plaintiffs. In April 2016, a class-action lawsuit was brought in federal court, alleging that Ascension subsidiary Wheaton Franciscan Services (in Glendale, Wisconsin), erred by treating its pension plan as though it was a "church plan," exempt from the Employee Retirement Income Security Act ("ERISA"), a federal law governing employee pensions. In 2014, the company partnered in opening the $2 billion Health City Cayman Islands project, and sold its stake in 2017. In the process, the company brought its subsidiaries under a national umbrella and renamed all its hospitals to include the Ascension name, which the company hope would improve clients' understanding of the system. In 2012, the company underwent a restructuring and rebranding, dropping the "Health" moniker and going forward as Ascension. Joseph Health System merged to create Ascension Health. In 1999, the Daughters of Charity National Health System and Sisters of St. In addition to health and senior care facilities, Ascension also operates a for-profit venture capital subsidiary called Ascension Ventures, which invests in medical startups. The company is led by president and CEO Joseph R. Ascension had an operating revenue of $27.2 billion at the end of fiscal year 2021. It employs more than 142,000 people as of 2021.
It operates more than 2,600 health care sites in 19 states and Washington, D.C., including 142 hospitals and 40 senior living facilities. īy the end of 2021, Ascension had 142,000 employees and 142 hospitals and 40 senior living facilities across the United States.Īscension is the largest nonprofit and Catholic health system in the United States as of 2021. It was founded as a nonprofit Catholic healthcare network in 1999. Ascension is one of the largest private healthcare systems in the United States, ranking second in the United States by number of hospitals as of 2019.
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