Indiana system to acquire 4 Ascension Michigan hospitals 

Advertisement

South Bend, Ind.-based Beacon Health System has signed a definitive agreement to acquire Ascension Michigan’s southwest region, which includes four hospitals, 35 outpatient clinics and an ambulatory surgery center.

The hospitals include:

  • Ascension Borgess Hospital (Kalamazoo)
  • Ascension Borgess Allegan Hospital
  • Ascension Borgess-Lee Hospital (Dowagiac)
  • Ascension Borgess-Pipp Hospital (Plainwell)

“Expanding our reach deeper into southwest Michigan broadens access to high-quality, affordable care for communities served by Ascension, extends our service area and provides growth opportunity to further strengthen the health system,” Beacon Health CEO Kreg Gruber said in an April 3 news release. “This acquisition will create a bright future for these communities by ensuring access to quality healthcare services for generations.”

The largest facility is Ascension Borgess in Kalamazoo, a 422-bed acute care hospital. Overall, the facilities have more than 2,700 associates, including 261 providers.

“As a regional provider, Beacon Health System is positioned to serve patients through an integrated care delivery system to ensure that southwest Michigan has access to sustainable, quality health care long into the future,” Ascension Michigan COO Scott Cihak said. “After an in-depth review, we found that our organizations are well-aligned culturally, which will streamline the integration process. Our communities are in good hands.”

The transaction is expected to close this summer, subject to regulatory approvals and closing conditions. 

Beacon Health includes seven hospitals, a medical group, more than 8,100 employees and over 1,000 physicians that provide care to communities across northern Indiana and southern Michigan. 

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement