Marian Health System, Ascension Health Sign MOU
The Sisters of the Sorrowful Mother (SSM), sponsors of Marian Health System, have announced plans for a partnership with Ascension Health, the nation’s largest Catholic and nonprofit health system.
Tulsa, Okla. -- The Sisters of the Sorrowful Mother (SSM), sponsors of Marian Health System, have announced plans for a partnership with Ascension Health, the nation’s largest Catholic and nonprofit health system. Marian Health System owns and operates regional healthcare ministries including St. John Health System.
A non-binding Memorandum of Understanding (MOU) has been signed outlining plans for St. John Health System to become part of Ascension Health. The agreement also includes the two other Marian Health facilities: Via Christi Health in Wichita, Kan. and Ministry Health Care in Milwaukee, Wis. Ascension and Marian are hoping to reach a Definitive Agreement by the first quarter of calendar 2013.
“Ascension Health and St. John have similar values and a shared focus of strengthening Catholic healthcare, with special attention to serving the poor and vulnerable,” said David J. Pynn, president and chief executive officer, St. John Health System. “This partnership has the opportunity to strengthen the future ministry and healthcare operations for both organizations, and grow our Mission of service to the communities.”
Over the next several months the organizations will conduct due diligence and pursue the development of a definitive agreement. If an agreement is reached, SSM would share an oversight role in the sponsorship and governance structure of Ascension Health with four other religious congregations.
“While our sponsorship is potentially changing, St. John will continue to operate much as it has in the past, but with the added strength, resources, economies of scale and competitive national platform that Ascension brings to the table,” Pynn added.
About St. John Health System
St. John Health System is an 85-year-old, not-for-profit Catholic healthcare system founded by the Sisters of the Sorrowful Mother. St John Health System operates hospitals in Tulsa, Owasso, Sapulpa, Broken Arrow, Bartlesville and Nowata. Other subsidiaries of St. John Health System include OMNI Medical Group and Family Medical Care primary care physician groups, St. John Physicians, Inc. a multi-specialty group physician practice; St. John Urgent Care Centers, St. John Villas Senior Living Centers and medical complexes in South Tulsa and Claremore.
About Marian Health System
Marian Health System, sponsored by the Sisters of the Sorrowful Mother, is a 36-affiliated hospital system with more than 150 clinics. It also operates health systems in Wisconsin, Minnesota, Tulsa, Okla. and Wichita, Kan.
About Ascension Health
Ascension Health Alliance is transforming healthcare by providing the highest quality care to all with special attention to those who are poor and vulnerable. Last year Ascension Health Alliance, through its subsidiary Ascension Health, provided more than $1.2 billion in care of persons living in poverty and community benefit programs. Its Mission-focused Health Ministries employ more than 121,000 associates serving in more than 1,400 locations in 21 states and the District of Columbia. Other Ascension Health Alliance subsidiaries focus on a wide range of service areas, including treasury management services, venture capital investing, global mission support and medical engineering services. Another subsidiary, Ascension Health Care Network, a joint venture with Oak Hill Capital Partners, provides an alternative funding source for the acquisition of Catholic hospitals and other healthcare provider entities.
Media inquiries: please call Joy McGill, 918-744-2820 or email email@example.com