Ascension posts $1.8B annual loss; liquidity 'remains strong,' CFO says
Ascension reports $1.8 billion operating loss in FY 2024, but liquidity remains strong and it is improving operational performance.
Ascension
Hospitals & Physicians Clinics · Missouri, United States · 139,000 Employees
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About
Headquarters
4600 Edmundson Rd, St. Louis, Missouri, 63134, ...Website
healthcare.ascension.orgRevenue
$28 BillionIndustry
Most Recent Scoops
Jun 24 2024
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Jun 5 2024
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Who is Ascension
Ascension is a faith-based healthcare organization dedicated to transformation through innovation across the continuum of care. As the largest non- profit health system in the U.S. and the worlds largest Catholic health system, Ascension is committed to delivering compassionate, personalized care to all, with special attention to persons living in poverty and those most vulnerable. In FY2016, Ascension provided more than $1.8 billion in care of persons living in poverty and other community benefit programs. Ascension includes approximately 160,000 associates and 36,000 aligned providers. Ascensions Healthcare Division operates 2,500 sites of care including 141 hospitals and more than 30 senior living facilities in 24 states and the District of Columbia, while its Solutions Division provides a variety of services and solutions including physician practice management, venture capital investing, investment management, biomedical engineering, facilities management, clinical care management, information services, risk management, and contracting through Ascensions own group purchasing organization.Read more
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Ascension Email Formats
Ascension uses at least 5 email formats with first.last (ex. John.Smith@ascension.org) being used 55.5% of the time
| Ascension Email Formats | Percentage | |
|---|---|---|
| first.last | John.Smith@ascension.org | 55.5% |
| first.last | John.Smith@amitahealth.org | 7% |
| first.last | John.Smith@stjohn.org | 5.8% |
| first.last | John.Smith@stvincent.org | 1.3% |
| first.last | John.Smith@ministryhealth.org | 0.8% |
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Ascension Employee Growth Rate
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Ascension Tech Stack
A closer look at the technologies used by Ascension
Most Recent Scoops
Jun 24 2024
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Executive Moves, Left Company
Jun 10 2024
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Executive Move
Executive Moves, Left Company
Jun 5 2024
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Information Security, Clinical Systems, Cyber Security, Security, Electronic Health Record (EHR)
Jun 1 2024
Left Company
Ascension has announced that Jeff Hoffmaster, Senior Director, has left the organization to join Orlando Health as Chief Technology Officer.
May 31 2024
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Spending/Investment
Ascension News & Media
Henry Ford Health sets date for Ascension Michigan merger - Detroit Free Press
Henry Ford Health says it will finalize a deal to combine with Ascension Michigan on Sept. 30, creating a single, 15-hospital system.The ER Docs Strike Back - ACEP Now
ACEP Now offers real-time clinical news, news from the American College of Emergency Physicians, and news on practice trends and health care reform for the emergency medicine physician. ACEP Now is an official publication of the American College of Emergency Physicians.PHD LAUNCHES "ASCENSION" TO HELP BRANDS RISE WITH AI
Generative Publishing Platform Connects Human and Artificial Intelligence to Enable Experimentation, Acceleration and Elevation of AI as a Fundamental Element of Marketing Functions and Solutions LONDON, Aug. 20, 2024 /PRNewswire/ -- Omnicom Media Group agency PHD Worldwide has launched Ascension, a publishing platform offering a comprehensive and ongoing exploration of the impact of Generative AI on the marketing industry; and how clients and agencies alike will need to evolve their organizatioAscension Saint Thomas Integrates Suki’s Ambient AI Assistant Into Its Residency Program as a Part of System Wide Rollout
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Suki, the leader in artificial intelligence (AI) technology for healthcare, and Ascension Saint Thomas, the leading health system in middle Tennessee and part of Ascension, one of the nation’s leading non-profit, faith-based healthcare organizations, today announced a first-of-its-kind partnership to improve the resident experience with AI. Suki joins Ascension Saint Thomas’s recent tech investments including AI-powered cardiovascular care, robotics to sup
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Frequently Asked Questions Regarding Ascension
Ascension is a faith-based healthcare organization dedicated to transformation through innovation across the continuum of care. As the largest non-profit health system in the U.S. and the worlds largest Catholic health system, Ascension is committed to delivering compassionate, personalized care to all, with special attention to persons living in p... Read More
