MARSHFIELD – Marshfield Clinic Health System completed its acquisition of Ascension St. Clare’s Hospital in Weston on Aug. 1 and is renaming the hospital Marshfield Medical Center-Weston, the health system announced today.
The transaction also includes the transfer of Ascension Wisconsin’s 50 percent interest in Flambeau Hospital in Park Falls and The Diagnostic & Treatment Center in Weston. Both will be transitioned into the Health System over the next couple of months, including the renaming of Flambeau Hospital to Marshfield Medical Center-Park Falls.
Marshfield Clinic Health System first announced a memorandum of understanding for the sale in October 2019. A definitive agreement was reached in February. Terms of the sale are not being disclosed.
“This is a historically important day for our Health System and the communities we serve,” said Dr. Susan Turney, CEO, Marshfield Clinic Health System, in a news release. “Having a hospital in the Weston/Wausau area allows us to create a fully-integrated campus combining our hospital and clinical facilities, which provides highly-coordinated care that is efficient and creates a simple and seamless patient experience.”
The Health System will bring the same model to Park Falls as it assumes full ownership of Flambeau Hospital.
About 350 St. Clare’s employees became Marshfield Clinic Health System employees. Flambeau Hospital and DTC will both retain their names and employees as they transition into the Health System over the next couple of months.