Offering salvation. Ascension, equity firm forge deal they say could save Catholic hospitals
Carlson, J.
Modern Healthcare 41(8): 6-7; 1
2011
ISSN/ISBN: 0160-7480 PMID: 21608189 Document Number: 655917
As more Catholic hospitals have become acquisition targets by for-profit companies, the nation's largest Catholic system wants to keep more facilities in the fold. Ascension Health has teamed with a private-equity firm to do just that. But "can a for-profit enterprise that is owned by a private-equity firm pursue and live the ministry of Jesus in providing healthcare?" asks Seton Hall law professor Kathleen Boozang, left.