Ascension selling spree continues
07/01/24 at 03:00 AM
Ascension selling spree continues
Becker's Hospital CFO Report; by Alan Condon; updated 6/25/24
St. Louis-based Ascension continues to improve its operating performance and aims to ensure long-term sustainability for the health system on the back of a $3 billion operating loss in fiscal year 2023. ... Part of Ascension's turnaround strategy has also revolved around strategic transactions that reorganized its portfolio. The 139-hospital system has offloaded several key assets and hospitals in the last three years, with more deals in the pipeline. Nine transactions to know: [Click on the title's link for details.]