Ascension Illinois Ministry CEO Keith Parrott is leaving

Parrott’s departure comes virtually a 12 months after the breakup of Amita well being was introduced. Amita was long-established in 2015 by way of a three means partnership of nationwide chains Ascension and AdventHealth. collectively, they operated 19 hospitals, most of that are inside the Chicago space.

Parrott was CEO of Amita well being from January 2020 till the breakup and subsequent rebranding in April. The unwinding over the previous 12 months resulted inside the re-institution of Ascension and AdventHealth as separate entities.

receive modern Healthcare’s app to protect educated when commerce information breaks.

earlier to Amita, Parrott was CEO of Dallas-based mostly Tenet Healthcare. earlier than that, he was CEO of Brookwood Baptist well being, based mostly in Birmingham, Ala., which later grew to become a part of Tenet.

nationwide Catholic well being system Ascension well being reported internet affected person service income of $6.thirteen billion inside the major quarter of 2022, up from $6.01 billion inside the identical interval of 2021. however rising funds have resulted in working income losses totaling $671 million inside the major three months of 2022, up from an absence of $sixteen million in 2021.

St. Louis-based mostly Ascension operates larger than 2,600 websites of care, collectively with 143 hospitals in 19 states and Washington, D.C., in accordance with its internet website. native hospitals embrace Ascension Resurrection in Chicago, Ascension Alexian Brothers in Elk Grove Village and Ascension Holy household in Des Plaines.

This story first appeared in our sister publication, Crain’s Chicago enterprise.

Sourcelink

Comments