27 Large Health Systems Growing Bigger – Becker’s Hospital Review
Here’s a breakdown of the hospital transactions described in the provided text, categorized for clarity:
1. Steward Health Care Divestitures (Item 17)
Buyer: UnitedHealth group (thru Optum)
Assets Acquired: Rockledge regional Medical Center (Fla.), Melbourne Regional Medical Center (Fla.), sebastian River Medical Center (Fla.), and some Steward Medical Group practices.
Deal Value: $439 million
2. Mercy Acquisition (Item 18)
Buyer: Mercy (st. Louis, MO – 50-hospital system)
Seller: Ascension
Asset Acquired: Ascension Via Christi Hospital (Pittsburg, Kansas)
Result: Mercy now has three hospitals in Kansas.
3. Jefferson Health & Lehigh Valley Health Network merger (Item 19)
Parties: Jefferson Health (Philadelphia, PA) and Lehigh Valley Health Network (Allentown, PA)
Type: merger
Result: A 32-hospital system, one of the 15 largest non-profit health systems in the U.S.
4. UCSF Health Acquisition (Item 20)
Buyer: UCSF Health
Seller: Dignity Health
Assets acquired: Saint Francis Memorial Hospital (San Francisco) and St. Mary’s Medical Center (San Francisco)
Deal Value: $100 million
Note: Hospitals shed religious affiliation and were rebranded. UCSF will invest an additional $100 million for integration.
5. Henry Ford Health & Ascension Michigan Joint venture (Item 21)
Parties: Henry Ford Health (Detroit, MI) and Ascension Michigan
Type: Joint Venture (essentially a folding of Ascension’s southeastern Michigan sites into Henry Ford)
scope: Approximately 50,000 employees and over 550 care sites.
Hospitals Included (now rebranded under Henry Ford):
Ascension St. John Hospital
Ascension Genesys Hospital
Ascension Macomb-Oakland Hospital (Warren & Madison Heights campuses)
Ascension Providence Hospital (Novi & Southfield campuses)
Ascension Providence Rochester Hospital
Ascension River District Hospital
6. MyMichigan Health acquisition (Item 22)
Buyer: MyMichigan health (Midland, MI)
Seller: Ascension
Assets Acquired:
Ascension St. Mary’s (Saginaw)
Ascension St. Mary’s (Standish)
Ascension St. Joseph (Tawas City)
Also acquired: Associated Ascension Medical group care sites and physician practices.7. UPMC affiliation (Item 23 – incomplete in the provided text)
Parties: Washington Health (Washington, PA - 2-hospital system) and UPMC (Pittsburgh, PA)
type: Affiliation (details incomplete in the provided excerpt).
Key Trends:
Ascension is a frequent seller: Ascension appears to be divesting hospitals in multiple states (Michigan, Kansas, and potentially others).
Consolidation is ongoing: Mergers and acquisitions are creating larger health systems.
Large systems are growing: Mercy, Jefferson Health, UCSF Health, and Henry ford Health are all expanding their footprints.
Optum/UnitedHealth Group is active: Optum is making significant investments in hospital assets.