Photo: Kimberly P. Mitchell ~ USA TODAY NETWORK
DETROIT, Oct. 19, 2023 ~ Henry Ford Health announced Wednesday that it will join with Ascension Michigan to create a $10.5 billion healthcare in metro Detroit.
Describing it as a “joint venture” and not a merger or acquisition, Henry Ford representatives said Ascension’s metro-Detroit locations will rebrand under Henry Ford’s name and will be in a partnership headquarters in Detroit. It is currently unclear how the 50,000 employees will affected by the new agreement.
PODCAST:
Oct. 19, 2023 ~ WJR Senior News Analyst Marie Osborne talks with Guy Gordon, Lloyd Jackson, and Jamie Edmonds about Henry Ford Health announcing that it has signed an agreement to join with Ascension Michigan and Genesys to create a $10.5 billion health system.
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