As evidenced by it's most recent sale of St. Vincent's Medical Center, Ascension is no longer prioritizing hospital operations. "We don't need to control everything. What we need to do is collectively control the patient experience along the continuum," says CEO Anthony Tersigni, sharing the new vision.
As the largest Catholic health system in the country aims to reduce its hospital footprint and trim its leadership structure, it will look for partners that provide care in other settings, such as urgent care, skilled nursing, home health and telemedicine.
It will also focus on growing its ancillary businesses, including its revenue-cycle management, group purchasing and investment arms.
It appears that Ascension's future follows a prominent trend in healthcare – providing care outside of the inpatient setting.