Healthcare Innovation June 25, 2024
UAB Health will assume ownership of all Ascension St. Vincent’s sites of care, including four hospitals
The University of Alabama at Birmingham Health System Authority has agreed to buy Ascension St. Vincent’s Health System in central Alabama for $450 million.
Under the agreement, UAB Health System Authority will assume ownership of all Ascension St. Vincent’s sites of care, including the hospitals at Birmingham, Blount, Chilton, East and St. Clair, as well as the One Nineteen Campus; the Trussville Freestanding Emergency Department; and imaging centers and other clinics that are part of Ascension Medical Group.
Ascension has 140 hospitals with sites of care in 19 states and the District of Columbia.
The transaction will include current Ascension St. Vincent’s services, facilities,...
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