Ascension is in talks with Providence St. Joseph Health about a possible merger that would create the largest owner of U.S. hospitals, the Wall Street Journal reports.
A merger of the two nonprofits would put 191 U.S. hospitals under one operator. The combined organizations would have hospitals in 27 states and annual revenue of $44.8 billion, based on results from the most-recent fiscal year.
“Ascension and Providence have been talking for months and a merger is far from assured,” the Journal stated, citing people familiar with the discussions.
