Beacon Health System, the locally owned and governed nonprofit healthcare leader in northern Indiana and southern Michigan, has signed a definitive agreement to acquire the Ascension healthcare system in southwest Michigan. The transaction is expected to close this summer, 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. The hospitals include Ascension Borgess Hospital, Ascension Borgess Allegan Hospital, Ascension Borgess-Lee Hospital and Ascension Borgess-Pipp Hospital. The largest facility is Ascension Borgess in Kalamazoo, a 422-bed acute care hospital. The system has more than 2,700 associates, including 261 providers.
“Beacon Health System’s primary focus is to deliver outstanding care to our communities. 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,” said Kreg Gruber, Chief Executive Officer of Beacon Health System. “This acquisition will create a bright future for these communities by ensuring access to quality healthcare services for generations.”…