CommonSpirit Health, AdventHealth end Centura joint venture


CommonSpirit Health and AdventHealth will unwind their longtime Centura Health joint venture, with CommonSpirit taking control of most of the 20 hospitals.

Then-Catholic Health Initiatives, which became Chicago-based CommonSpirit Health following its 2019 merger with Dignity Health, and AdventHealth formed Centura in 1996. The joint venture has reached its “natural maturity,” the health systems said in a news release.

Alamonte Springs, Florida-based AdventHealth will operate and manage five hospitals—Avista Adventist Hospital, Castle Rock Adventist Hospital, Littleton Adventist Hospital, Parker Adventist Hospital and Porter Adventist Hospital in Colorado. CommonSpirit will operate and manage the other 15 hospitals in Colorado and western Kansas.

Centennial, Colorado-based Centura has 21,000 employees and 6,000 physicians.  

AdventHealth unwound its Amita Health joint venture with St. Louis-based Ascension in 2021. Amita, a 19-hospital system based in the western Chicago suburbs, was formed in 2015.


Source link