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Ascension and Marshfield Clinic Health System reach agreement on sale of two hospitals and diagnostic/treatment center

in Biz Briefs

WESTON – Ascension and Marshfield Clinic Health System have signed a definitive agreement for Ascension St. Clare’s Hospital in Weston, Wisconsin, to become a part of MCHS, Ascension announced today.

The transaction also includes the transfer of Ascension Wisconsin’s 50 percent interest in The Diagnostic and Treatment Center in Weston and Flambeau Hospital in Park Falls, Wisconsin.

“We came to this agreement with the best interests of our patients, communities and associates in mind in the context of the rapidly evolving healthcare landscape in Wisconsin and nationally,” said Bernie Sherry, ministry market executive, Ascension Wisconsin, and senior vice president, Ascension, in a news release. “Ascension and MCHS are working diligently on a smooth transition to ensure that Ascension St. Clare’s continues to provide the compassionate care that has been its hallmark since the hospital opened 14 years ago. Ascension will continue to deliver faith-based, personalized care to the communities we serve through our integrated system in central and northern Wisconsin.”

MCHS CEO Susan Turney said the sale is a defining moment for the future of healthcare for people in Weston and the Wausau area.

“The agreement signals our organization’s continued commitment to health care in rural Wisconsin and to serving patients on their terms,” Turney said in the release. “By combining our exceptional group of providers with our own hospitals, health plan and research institute, we are able to provide truly comprehensive and cutting-edge care to our patients. We are excited to bring this model of care to the Wausau/Weston area, which will be fully realized with the acquisition of St. Clare’s Hospital.”

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