MHF Community Board
Notifications
Clear all

Henry Ford Health And Ascension Michigan Enter Joint Venture

3 Posts
2 Users
0 Reactions
920 Views
10x25mm
(@10x25mm)
Famed Member
Joined: 3 years ago
Posts: 1511
Topic starter  

Ascension Michigan is a part of a much larger national health care provider, so this appears to be a face saving way to describe an Ascension takeover of Henry Ford Health.  These mergers are being driven by financial necessity as federal COVID subsidies lapse:

https://about.ascension.org/news/2023/10/henry-ford-health-and-ascension-michigan-announce-agreement

Henry Ford Health and Ascension Michigan Announce Agreement to Dramatically Expand and Enhance Integrated Healthcare Services Across Southeast and Mid-Michigan

 

Henry Ford Health and Ascension Michigan have signed an agreement to enter a joint venture that will bring together Ascension’s southeast Michigan and Genesys healthcare facilities and assets with Henry Ford’s. This will allow both organizations to advance the health of the communities they serve and improve outcomes, access and equity for all by establishing an integrated network focused on population health and community initiatives that support the region’s most vulnerable populations, as well as innovation, academic medicine, and advanced, complex care.

“Together we can expand healthcare services and deliver innovations in care – from prevention and early detection through the treatment of complex conditions – to more people and communities across our state, including those who are most vulnerable,” said Robert Riney, President and CEO, Henry Ford Health. “We share a deeply-rooted dedication to providing world-class healthcare that everyone deserves, regardless of geographic, demographic, or socioeconomic status.”

“We are united in our shared values, cultures, and commitment to those we serve,” said Carol Schmidt, FACHE, Senior Vice President, Ascension, and Ministry Market Executive, Ascension Michigan. “Together, we will make significant strides in improving the health of Michigan communities through unparalleled investments in critical community health initiatives, as well as contributing secure, high paying jobs and other related employment.”

The combined organization would employ approximately 50,000 team members at more than 550 sites of care across our region.

Ascension Michigan’s acute care hospitals that are included in the partnership are: Ascension Genesys Hospital; Ascension Macomb-Oakland Hospital, Warren and Madison Heights Campuses; Ascension Providence Hospital, Novi and Southfield Campuses; Ascension Providence Rochester Hospital; Ascension River District Hospital; and Ascension St. John Hospital. All the acute care hospitals’ related sites of care will also be included, as well as Ascension Brighton Center for Recovery. All of Henry Ford’s acute care hospitals and other care facilities and assets, including Health Alliance Plan, will be included in the partnership.

Ascension Michigan’s southwest and northern hospitals—Ascension Borgess Hospital, Ascension Borgess Allegan Hospital; Ascension Borgess-Lee Hospital, Ascension Borgess-Pipp Hospital; Ascension St. Joseph Hospital, Ascension St. Mary’s Hospital and Ascension Standish Hospital—will remain valued members of Ascension’s national health ministry and continue to provide their communities with high-quality Catholic healthcare.

The expanded organization, slated to be branded Henry Ford Health, will remain headquartered in Detroit. It would be led by President and CEO Bob Riney and governed by a Board of Directors representative of both organizations. Both organizations are committed to working to maintain the Catholic identity of the Ascension Michigan facilities included in the partnership. Conversations on the future state of the Catholic identity of these facilities are ongoing.

Through a fully integrated healthcare delivery network, the joint venture would deliver exceptional performance in quality, safety, and service. This expanded care network will create greater opportunities to coordinate, grow, and adapt services and care settings to meet consumer needs in the new, post-pandemic normal – expanding access to care, lowering costs, and improving health outcomes.

“Patients across Michigan will have more access than ever to end-to-end healthcare services, from primary care through complex specialty care and procedures,” said Dr. Doug Apple, Chief Clinical Officer, Ascension Michigan. “Together, we will coordinate existing and expanded services to surround our patients with what they need to live healthy lives – with more options closer to home. By focusing on the creation of an integrated, streamlined healthcare journey, we can improve the consumer experience, improve care coordination, and provide superior value.”

By coming together, the combined organization would provide expanded career pathways and increased opportunities for career development and advancement at more sites and in more areas, as well as amplifying the capabilities of Henry Ford Health and Ascension Michigan to attract and grow top talent.

This joint venture is also designed to expand opportunities for healthcare providers, including significantly enhanced patient-centered care delivery models and improved care coordination through interconnectivity between patients, providers, and care management functions.

According to Dr. Adnan Munkarah, President, Care Delivery System & Chief Clinical Officer, Henry Ford Health, “The commitment of the new combined organization to clinical excellence, educational partnerships and research remains steadfast, as is the focus on continuing to advance research that has immediate clinical applications and will improve treatment and outcomes. Additionally, the expanded footprint created through this joint venture will allow Henry Ford Health to provide outstanding comprehensive medical care, train more physicians, nurses, and allied health professionals, at more sites, and in more specialties, across the communities we serve.”

The organizations are in the process of submitting the agreement to state and federal regulatory agencies for review and hope the transaction will close by summer 2024.

 



   
ReplyQuote
Abigail Nobel
(@mhf)
Member Admin
Joined: 5 years ago
Posts: 1241
 

Crain's Detroit reports two more Henry Ford ventures. The first probably involves state funding; the second certainly plans to.

The remainder of both articles are behind paywall.

The first is from May 28.

https://www.crainsdetroit.com/real-estate/henry-ford-health-michigan-central-station-sign-5-year-deal

Henry Ford Health joins Google as founding member in Michigan Central

The restored Michigan Central Station is shown in an aerial photo lit at dusk.

Credit: Stephen McGee/Michigan Central
Michigan Central's campus in Corktown.
 
Henry Ford Health will work with Ford Motor Co. and others to create new technologies to outfit the new $2 billion hospital tower it is building across the street from its existing flagship hospital in Detroit.

 

The second, of May 31:

Henry Ford Health seeking state aid for $3B Detroit expansion

By Kurt Nagl     Dustin Walsh
Bob Riney

Credit: Dale G. Young/Crain's Detroit Business
Bob Riney, CEO of Henry Ford Health, speaks with Crain's on Thursday at the Mackinac Policy Conference.

MACKINAC ISLAND — Henry Ford Health aims to break ground in September on its new hospital tower anchoring a $3 billion campus expansion in Detroit — but first, CEO Bob Riney is working to line up funding.



   
ReplyQuote
Abigail Nobel
(@mhf)
Member Admin
Joined: 5 years ago
Posts: 1241

   
ReplyQuote
Q

Get MHF Insights

News and tips for your healthcare freedom.

We never spam you. One-step unsubscribe.

 

Name(Required)
Zip Code(Required)
This field is hidden when viewing the form

Sponsors

J & DE Family Charitable Fund

Friends
of MHF

Kelly Grotendiek

Philip Harbach

Dale Johnson

Drs. Jeffrey and Joni Jones

Vickie Kahle

Tammy Kipen

Marlin & Kathy Klumpp

Melanie Kurdys

Ruth Nobel

Patrick Peterson

Stephanie Poortenga

Jeanne Smit

Ben and Hope Staal

John Tuinstra

Jacki VanHuis

Sandy Walker

Sign Up for MHF Insights to keep up on the latest in Michigan Health Policy

Name(Required)
Zip Code(Required)
This field is hidden when viewing the form

5 great non profit logos 2021 - 2025
Michigan Healthcare Freedom Candid

Click here to join the MHF Community Forum!

Grow the community on our social media pages.

Social media & sharing icons powered by UltimatelySocial