Presence Health, Ascension Reach Agreement For Presence To Join AMITA Health
(Arlington Heights, Ill., and Chicago) – Ascension, the nation’s leading non-profit health system, and Presence Health, a leading Catholic health system in Illinois, have signed a definitive agreement for Presence Health to join Ascension and become part of AMITA Health, a joint venture of Ascension’s Alexian Brothers Health System and Adventist Midwest Health, part of Adventist Health System.
Through this transaction, Presence Health will add its medical centers, outpatient facilities and other sites of care to the integrated health system of AMITA Health, with the goal of enhancing patient care while reducing costs throughout the communities served by the combined organizations. All Presence Health facilities will become part of AMITA Health except Presence Life Connections, which will join Ascension Living, Ascension’s senior care subsidiary. The transaction is expected to be finalized soon.
“Both our systems are dedicated to providing compassionate and personalized care for all, with special attention to persons living in poverty and those most vulnerable,” said Anthony R. Tersigni, EdD, FACHE, president and chief executive officer, Ascension. “We believe that by coming together, we will strengthen Catholic healthcare as we provide affordable, accessible and quality care to the community.”
“AMITA Health associates and physicians are excited to take this step forward in partnering with our colleagues at Presence Health,” said Mark A. Frey, president and chief executive officer of AMITA Health and senior vice president of Ascension Healthcare, a division of Ascension. “From our discussions the past several months, we know we share a strong commitment to providing care to all who need it in the many communities we are privileged to serve. Together, we can do even more to deliver the holistic care our patients and their families need, and do it even more efficiently.”
The transaction advances Presence Health’s and AMITA Health’s joint commitment to the mission of faith-based healthcare and will bring added benefits to those they serve. In addition, the highly successful Accountable Care Organizations of both systems will allow AMITA Health, with the addition of Presence Health, to even more efficiently and effectively address the growing emphasis on managing the health of large populations.
“Joining Ascension and AMITA Health is a natural evolution for Presence Health given our shared mission, vision and values to provide quality, faith-based care,” said Michael Englehart, president and chief executive officer of Presence Health. “We will continue to deliver quality care for our patients and residents, as well as provide additional clinical opportunities and patient care resources to all our physicians and associates.”
About AMITA Health
AMITA Health (www.AMITAhealth.org) is an integrated health system serving communities in western and northwestern suburban Chicago. AMITA Health is a Joint Operating Company formed in February 2015 by Adventist Midwest Health, based in Hinsdale, Ill., part of Adventist Health System, and Alexian Brothers Health System, based in Arlington Heights, Ill., part of Ascension, encompassing nine hospitals and an extensive physician provider network. AMITA Health is committed to delivering the most efficient, highest quality, faith-based care possible and respecting the faith traditions of all people.
About Presence Health
Presence Health (www.PresenceHealth.org) is one of the largest Catholic health systems in Illinois, providing compassionate care to over 4 million people. With over 150 sites of care including 10 hospitals, over 15,000 associates and more than 4,000 medical professionals, Presence Health has annual revenue of $2.6 billion.
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 FY2017, Ascension provided more than $1.8 billion in care of persons living in poverty and other community benefit programs. Ascension includes approximately 150,000 associates and 36,000 aligned providers. Ascension’s Healthcare Division operates 2,500 sites of care – including 141 hospitals and more than 30 senior living facilities – in 22 states and the District of Columbia, while its Solutions Division provides 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 Adventist Health System
With a sacred mission of Extending the Healing Ministry of Christ, Adventist Health System (AdventistHealthSystem.com) is a connected system of care for every stage of life and health. More than 80,000 skilled and compassionate caregivers in physician practices, hospitals, outpatient clinics, skilled nursing facilities, home health agencies and hospice centers provide individualized, holistic care. A Christian mission, shared vision, common values, focus on whole-person health and commitment to making communities healthier unify the system’s 45 hospital campuses and hundreds of care sites in diverse markets throughout nine states.