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WAUSAU, WI (WSAU) — Aspirus Health has announced the purchase of seven hospitals and 21 medical clinics in North Central Wisconsin from Ascension.
In a news release on Tuesday officials from both medical groups said they have reached a handshake agreement that calls for Aspirus to take over 21 physician clinics along with the following hospitals:
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Eagle River Hospital in Eagle River
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Good Samaritan Hospital in Merrill
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Howard Young Medical Center in Woodruff
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Our Lady of Victory Hospital in Stanley
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Sacred Heart Hospital in Tomahawk
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St. Mary’s Hospital in Rhinelander
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St. Michael’s Hospital in Stevens Point
The sale also includes Ascension Wisconsin Spirit Medical Transport, which will be taken over by Aspirus.
“Ascension Wisconsin remains committed to putting our communities first, which means being responsive to the changing needs of those we serve,” Bernie Sherry, senior vice president of Ascension and ministry market executive for Ascension Wisconsin, said in a news release. “We look forward to finalizing this transition with Aspirus as a way of honoring that commitment. We are confident that this transition will enable these facilities and their dedicated caregivers to be in a better position to serve the communities’ health needs going forward.”
The terms of the deal were not disclosed on Tuesday. The deal is still subject to regulator approval as well as approval from Religious leaders within the Ascension system.
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