Ascending in healthcare. Roman Catholic Ascension Health has made a Fortune 500 name for itself with business acumen, risk-taking and efficiency

Mod Healthc. 2007 May 14;37(20):6-7, 17-20, 1.

Abstract

In less than a decade, Ascension Health has risen to the top tier of U.S. healthcare systems, with operating revenue that bests household names like Google and Amazon.com. Helping lead the system's meteoric rise is CEO Anthony Tersigni, left. "We are a ministry. We're not a business. We do business practices for one basic reason: We have bondholders who are counting on us to repay the bonds."

MeSH terms

  • Catholicism
  • Efficiency, Organizational
  • Entrepreneurship
  • Financial Management, Hospital / trends*
  • Health Facility Merger / economics
  • Hospitals, Religious / economics
  • Hospitals, Religious / organization & administration*
  • Investments
  • Medically Uninsured
  • Michigan
  • Multi-Institutional Systems / economics
  • Multi-Institutional Systems / organization & administration*
  • Poverty Areas
  • Risk-Taking
  • United States