Wheaton Franciscan Healthcare has given up its stake in Affinity Health System to Ministry Health Care. Effective today, Ministry has assumed sole sponsorship of Affinity, which it had co-sponsored with Wheaton since 1996.
The Affinity network is based in the Oshkosh and has 4,000 employees at three hospitals, 26 clinics, and a medical group of almost 300 providers in the Fox Valley. Milwaukee-based Ministry has clinics and hospitals throughout Wisconsin, mostly in the northern half of the state.
"The assumption of sole sponsorship by Ministry will extend our health care delivery footprint into a contiguous geographic market," said Nick Desien, president and chief executive officer of Ministry Health Care. "Sole sponsorship brings additional assets to Ministry's delivery system, which will create cost-saving opportunities, provide additional medical management experience and infrastructure, and better position Ministry to address issues related to health care reform."
Wheaton has corporate offices in Glendale, Wis., and Wheaton, Ill. Its footprint includes more than 100 sites and 21,000 employees in Wisconsin, Illinois and Iowa.
"Ministry and Wheaton have had a long and successful partnership as co-sponsors of Affinity," said John Oliverio, Wheaton president and CEO. "In view of the pending challenges of health care reform and federal budget deficits, Ministry approached our organization last year with a proposal to assume sole sponsorship of Affinity. After thoughtful review and discussions, we reached an agreement that will allow Ministry to continue the strong tradition of delivering the Catholic health care ministry to the Fox Valley that was begun by our founding Sisters and fulfills the heritage of Wheaton Franciscan Healthcare and our founders."
Ministry becomes sole sponsor of Affinity Health System
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