M&A Roundup: CT's Saint Francis Care to Join Ascension

John Commins, for HealthLeaders Media , January 22, 2013

Chicago's Holy Cross Hospital joins Sinai Health System
Holy Cross Hospital in Chicago joined the Sinai Health System on January 16 as a full corporate member, the two providers said in a joint announcement.

As a member of Sinai Health System, Holy Cross Hospital will remain a Catholic hospital and fully comply with the United States Conference of Catholic Bishops Ethical and Religious Directives for Catholic Healthcare. The Sisters of St. Casimir will continue as the religious sponsor of Holy Cross Hospital, according to the joint media statement.

Sinai Health System, a Chicago-based private, not-for-profit organization, is now comprised of seven member organizations: Mount Sinai Hospital, Holy Cross Hospital, Sinai Children's Hospital, Schwab Rehabilitation Hospital, Sinai Medical Group, Sinai Community Institute and Sinai Urban Health Institute.

The system has more than 800 physicians on its hospital medical staffs and 695 licensed beds. Sinai is an affiliate of the Jewish United Fund/Jewish Federation of Metropolitan Chicago.

Billings (MT) Clinic Joins Mayo Clinic Care Network
Mayo Clinic this month named Billings (MT) Clinic as the newest member of the Mayo Clinic Care Network.

Billings Clinic, Mayo's first affiliated health system in Montana, is the largest healthcare organization in the state and provides primary and specialty regional medical care for all of Montana, the western Dakotas and northern Wyoming, with a regional population of more than half a million. Billings Clinic is a community-governed, physician-led multispecialty healthcare organization with 3,600 full- and part-time employees, more than 320 physicians and non-physician providers, a 272-bed hospital, a research center and a 90-bed rehabilitation and assisted living facility.  

"This new relationship creates an even closer connection between Billings Clinic and Mayo Clinic, giving patients with very complex health issues more efficient access to some of the world's most highly specialized clinical care at Mayo Clinic," Billings Clinic CEO Nicholas Wolter, MD, CEO, said in prepared remarks. "Culturally, our two organizations have many similarities, including a commitment to an integrated care delivery model and physician leadership.

John Commins is a senior editor with HealthLeaders Media.

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