University of Kansas Health System and Ardent Health Services also known as Ardent acquired St. Francis Health Center today. This is a joint venture between these two health service providers. Saint Francis Health currently has three hundred seventy eight beds. This joint venture will allow this hospital to remain open.
No job cuts are expected and actually fifty million dollars of capital are to increase. Currently, Saint Francis Health has one thousand six hundred employees. This transaction is supposed to get completed in sixty days.
Current management at Saint Francis Health will not change. Saint Francis Health is located in Topeka, Kansas.
“We are grateful our proposal was seen as the most positive path forward for St. Francis. We are proud to tell the people of Topeka St. Francis Health’s doors will remain open. We understand the critical role hospitals like St. Francis Health play for patients, physicians, employees and the communities they serve.
By marrying our resources as an academic medical center and Ardent’s operational expertise, we secure the long-term sustainability of St. Francis Health.”
President and CEO
The University of Kansas Health System