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| Company type | Nonprofit organization |
|---|---|
| Industry | Healthcare |
| Founded | 1999 |
| Headquarters | St. Louis, Missouri, U.S. |
Number of locations | 142 hospitals[1] |
Key people | Joseph R. Impicciche (president & CEO) |
| Services | Hospital management |
| Revenue |  US$27.2 billion (2021)[2] |
| US$676.3 million (2021)[2] | |
| US$5.7 billion (2021)[2] | |
Number of employees | 142,000[1] (2021) |
| Website | ascension |
Ascension is a large private healthcare system in the United States. Ascension had 142,000 employees, 142 hospitals, and 40 senior living facilities operating in 19 states and the District of Columbia as of the end of 2021.[1] Ascension is the largest nonprofit and largest Catholic health system in the United States. It also operates a conglomerate of for-profit firms, including subsidiaries involved in private equity, venture capital, insurance, medical software, and pharmacy delivery. From 2014 to 2017 it co-owned a facility in the Cayman Islands.
Ascension has faced a number of investigations and controversies. A 2022 New York Times investigation found Ascension hospitals instigated a staffing crisis because of profiteering, leading nurses and doctors to file hundreds of complaints about possible preventable deaths. It has faced accusations of wrongdoing in the area of reproductive health. National Nurses United reported that Ascension has increased maternal mortality by consolidating and then closing obstetrics units. In 2024, Ascension was a victim of a severe cyberattack. Following the attack and business losses, it has begun to sell off hospitals.
Formed in 1999 from the merger of two Catholic healthcare organizations, Ascension is bound by the Ethical and Religious Directives for Catholic Health Care Services. Ascension had an operating revenue of $27.2 billion at the end of fiscal year 2021. The president and CEO is Joseph R. Impicciche, one of the highest-paid nonprofit CEOs in the United States. It is headquartered in St. Louis, Missouri.
- ^ a b c Muoio, Dave (22 February 2022). "Ascension ekes out 0.2% operating margin amid COVID disruption and slowing federal relief". Fierce Healthcare. Retrieved 29 March 2022.
- ^ a b c Ellison, Ayla (2021-09-20). "Ascension bounces back with $5.7B net income". Becker's Hospital Review. Retrieved 2022-11-29.