Presence Health
Title
Presence Health Signs Letter of Intent with Ascension to Join Amita Health
Date
08/22/2017
Article

Ascension, Amita Health, and Presence Health logos

(Arlington Heights, Ill., and Chicago) – Ascension, the nation’s leading Catholic and non-profit health system, and Presence Health, a leading Catholic health system in Illinois, have signed a non-binding letter of intent (LOI) for Presence Health to join Ascension and become part of AMITA Health, a joint venture of Ascension’s Alexian Brothers Health System and Adventist Midwest Health, which is part of Adventist Health System. Through this transaction, Presence Health would add its medical centers, outpatient facilities and other sites of care to the integrated health system of AMITA Health, with the goal of enhancing patient care while reducing costs throughout the Illinois communities served by the combined organizations. All Presence Health facilities would become part of AMITA Health except Presence Life Connections, which would join Ascension Living, Ascension’s senior care subsidiary.

“The mission, values and history of Presence Health clearly align well with those of Ascension, as both systems are dedicated to caring for all, with special attention to persons living in poverty and those most vulnerable,” said Anthony R. Tersigni, EdD, FACHE, president and chief executive officer, Ascension. “We believe this will strengthen Catholic healthcare not only in the region but throughout the country as we are all dedicated to delivering personalized, compassionate care.”

“Since we brought together Alexian Brothers Health System and Adventist Midwest Health to form AMITA    Health two years ago, we’ve always looked for opportunities to add like-minded partners with similar values to our system,” said Mark Frey, president and chief executive officer of AMITA Health and senior vice president of Ascension Healthcare, a division of Ascension. “Bringing Presence Health into Ascension and AMITA Health is a perfect fit and an exciting continuation of our commitment to increase access to quality healthcare in the many communities we serve.”

The transaction would further Presence Health’s and AMITA Health’s aligned commitment to the mission of faith- based healthcare and bring added benefits to those they serve as they continue their long traditions of providing high-quality care and meeting the needs of their communities, especially those who are poor and underserved. In addition, the highly successful Accountable Care Organizations of both systems would allow AMITA Health, with the addition of Presence Health, to even more efficiently and effectively address the growing emphasis on managing     the health of large populations.

“Joining  Ascension and AMITA  Health is a natural evolution for Presence Health, especially given the mutual  respect between our systems and our shared mission, vision and values to provide quality, faith-based care,” said Michael Englehart, president and chief executive officer of Presence Health. “We look forward to working together to engage in this joint effort to expand, and continue to deliver, quality care for our patients and residents, as well  as provide additional clinical opportunities and patient care resources to all our physicians and associates.”

With this transaction, AMITA Health will increase people’s access to care, expand the system’s physician network and deepen sub-specialization capabilities, producing better value for patients. The LOI is expected to lead to a definitive agreement pending detailed legal and financial due diligence, along with regulatory and canonical approval.

 

About AMITA Health

AMITA Health (www.AMITAhealth.org) is an integrated health system serving communities in western and northwestern suburban Chicago. AMITA Health is a Joint Operating Company formed in February 2015 by Adventist Midwest Health, based in Hinsdale, Ill., and Alexian Brothers Health System, based in Arlington Heights, Ill., part of Ascension, encompassing nine hospitals and an extensive physician provider network. AMITA Health is committed to delivering the most efficient, highest quality, faith-based care possible and respecting the faith traditions of all people.

About Presence Health

Presence Health (www.PresenceHealth.org) is the largest Catholic health system in Illinois, serving over 4 million people encompassing 12 hospitals and an extensive physician provider network. Presence Health Ministries serves   as Church sponsor for Presence Health services and reports to Catholic leadership on its efforts.

About Ascension

Ascension (www.ascension.org) is a faith-based healthcare organization dedicated to transformation through innovation across the continuum of care. As the largest non-profit health system in the U.S. and the world’s largest Catholic health system, Ascension is committed to delivering compassionate, personalized care to all, with special attention to persons living in poverty and those most vulnerable. In FY2016, Ascension provided more than $1.8 billion in care of persons living in poverty and other community benefit programs. Ascension includes approximately 150,000 associates and 36,000 aligned providers. Ascension’s Healthcare Division operates 2,500 sites of care – including 141 hospitals and more than 30 senior living facilities – in 22 states and the District of Columbia, while its Solutions Division provides a variety of services and solutions including physician practice management, venture capital investing, investment management, biomedical engineering, clinical care management, information services, risk management, and contracting through Ascension’s own group purchasing organization.

About Adventist Health System

Adventist  Health  System  (www.AdventistHealthSystem.com)  is  a  faith-based  health  care  organization headquartered in Altamonte Springs, Florida. A national leader in quality, safety and patient satisfaction, Adventist Health System’s more than 80,000  employees maintain a tradition of whole-person health by caring for the    physical, emotional and spiritual needs of every patient. With 45 hospital campuses and more than 8,300 licensed beds  in  nine  states,  Adventist  Health  System  facilities  incorporate  the  latest  technological  advancements  and clinical research to serve more than 4.7 million patients annually. The full continuum of integrated care also includes urgent care centers, home health and hospice agencies and skilled nursing facilities. Each Adventist Health System facility operates independently in delivering care and services to best meet the needs of the local communities      they serve. While each entity is unique, all remain united in one mission of Extending the Healing Ministry of Christ.

 

 
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