CommonSpirit Health splits with AdventHealth, then buys 5 hospitals from Steward Health Care
Chief Healthcare Executive February 17, 2023
CommonSpirit is ending its partnership with AdventHealth after nearly three decades, and purchasing Steward’s hospitals in Utah.
It’s certainly been an eventful week for CommonSpirit Health.
CommonSpirit Health and AdventHealth announced this week that they are ending their partnership of 27 years. The systems will now independently operate the hospitals they own in Colorado and Kansas.
Then, CommonSpirit announced that it is buying five hospitals in Utah from Steward Health Care. And while CommonSpirit will own the hospitals, Centura Health will manage the facilities.
The move expands CommonSpirit’s reach into Utah, one of the nation’s fastest growing states.
There’s a good amount to unpack. Let’s run it down.
Going separate ways
CommonSpirit and AdventHealth, both faith-based systems, described their decision...