Becker's Healthcare September 4, 2024
Detroit-based Henry Ford Health and Ascension Michigan plan to close their proposed joint venture Sept. 30 and launch on Oct. 1.
The two parties shared plans for the joint venture last October, which will bring Ascension’s southeast Michigan and Genesys healthcare facilities and assets together with Henry Ford, according to a Sept. 4 news release shared with Becker’s.
The combined organization will comprise around 50,000 employees at 500 Michigan sites. Bob Riney, president and CEO of Henry Ford Health, will lead the joint venture and Carol Schmidt, senior vice president of Ascension and CEO of Ascension Michigan, will provide support during the first phase of transition and integration.
Leadership changes are also part of the joint venture.
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