ST. JOSEPH COUNTY, Ind. — Beacon Health System announced on Thursday that it has the signed a definitive agreement to acquire the Ascension healthcare system in southwest Michigan.
Beacon officials say the transaction is expected to close this summer and is subject to standard regulatory approvals.
“Once the transaction is complete, Beacon Health System will own Ascension’s network of four hospitals, 35 outpatient clinics and an ambulatory surgery center,” a Beacon spokesperson said. “The hospitals include Ascension Borgess Hospital, Ascension Borgess Allegan Hospital, Ascension Borgess-Lee Hospital and Ascension Borgess-Pipp Hospital.”…