South Bend, Ind.-based Beacon Health System has completed its acquisition of Ascension Southwest Michigan, according to a July 1 news release shared with Becker’s.
The locally owned, nonprofit health system signed a definitive agreement to acquire ASM’s four hospitals, 35 outpatient clinics and ASC in early April. Ascension Southwest Michigan is a regional subsidiary of St. Louis-based Ascension.
The hospitals have been renamed as follows, according to the release: Beacon Kalamazoo, a 422-bed acute care hospital, formerly Ascension Borgess Hospital; Beacon Allegan, formerly Ascension Borgess Allegan Hospital; Beacon Dowagiac, formerly Ascension Borgess-Lee Hospital; and Beacon Plainwell, formerly Ascension Borgess-Pipp Hospital in Plainwell.
The acquisition brings more than 2,700 employees, along with 259 providers, under Beacon.
“Today marks an important new chapter as we come together, and we couldn’t be more excited about what we’ll accomplish as one unified team dedicated to serving our communities,” Kreg Gruber, Beacon CEO, said in the release. “This acquisition represents our continued commitment to strengthening health care in our region. Our patients will benefit from access to an expanded network of services and providers.”
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.