Ascension is restructuring as it pursues a new strategic direction, hinting at transitioning from a hospital-oriented system to one that’s focused on outpatient care and telemedicine. That’s what the largest Catholic health system told its 165,000 employees early Friday morning via a video featuring Ascension President and CEO Anthony Tersigni that Modern Healthcare has exclusively obtained.
Earlier this month, the Ascension board of directors unanimously endorsed its new “advanced strategic direction,” Tersigni told his employees, as it faces dwindling reimbursement from government and commercial payers; growing regulatory complexity; skyrocketing pharmaceutical costs; shifting from inpatient to outpatient care and from fee-for-serv…
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