Two recent and notable joint ventures by health systems will be worth keeping an eye on as the calendar flips.
Henry Ford Health signed an agreement last month with Ascension Michigan that will bring the latter’s southeast Michigan and Genesys facilities and assets under Henry Ford’s.
Meanwhile, HCA Healthcare’s joint venture with physician staffing firm Valesco, which it acquired a majority stake in earlier this year, is having a sizeable impact on its bottom line, HealthLeaders Media reports.
Henry Ford Health and Ascension moved to combine, expanding care and producing $10.5 billion in annual operating value.
HCA’s joint venture with Valesco is expected to cost the health system $50 per quarter going forward. Read more.
