Ascension: the Largest Non-Profit Hospital System in the US Explained

Описание: Ascension is the Largest Non-Profit Hospital System in the US and the Second Largest Hospital System Overall After HCA.

Ascension Has 151 Hospitals Across 21 States Mostly in the Midwest and South. It Has 156,000 Employees.

Ascension is a Catholic Hospital System. Its CEO Reports to a 'Public Juridic Person,' Which is a Term for an 'Entity' Within the Catholic Church. That Public Juridic Person Then Reports to the 'Holy See,' Which is the Governing Body of the Catholic Church in the Vatican.

Ascension Has About $26B in Annual Revenue. It is Equivalent in Revenue to the 11th Largest Private Company and the 115th Largest Publicly Traded Company in America... About the Same Size as Starbucks.

Regarding Taking On Risk and Value-Based Payments, Ascension Only Has a Very Small Medicare Advantage Plan that It Runs as a Joint Venture with Centene with Less than 5,000 Lives and It Has an ACO that Only Operates in Indianapolis, Evansville and Central Tennessee.

Sources: https://www.beckershospitalreview.com... https://www.prnewswire.com/news-relea... https://www.chausa.org/docs/default-s... https://www.state.gov/u-s-relations-w... https://ascension.org/About/History/S... https://ascension.org/About/Community... https://www.forbes.com/largest-privat... https://fortune.com/fortune500/2020/s... https://www.cms.gov/research-statisti... https://www.ascensioncomplete.com/new... https://www.forbes.com/sites/brucejap... https://ascensioncaremanagementaco.com/

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