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Ascension Health Care Network (AHCN) was launched in early 2011 as a for-profit partnership between Ascension and Oak Hill Capital Partners with a goal of strengthening Catholic healthcare. Since the launch, we have gained a deeper understanding of how best to strengthen Catholic healthcare in communities across the nation.
The original focus of AHCN – preserving and strengthening Catholic hospitals – is still part of this work, but we have expanded our focus to include organizations, services and programs that enable community-based approaches to meet the needs of individuals and communities across the full care continuum.
As a result, we are expanding our investment and partnership horizons beyond Catholic hospitals to include a number of enabling models, such as population health, care management, and ambulatory and community-based care. Ascension’s Vision to foster a strong, vibrant Catholic health ministry is well served by taking a broader look at how best to provide holistic, spiritually centered care to all persons, with special attention to those who are poor and vulnerable.
Consistent with this expanded perspective, AHCN is looking for investment opportunities both inside and outside of Ascension Health.
Ascension (www.ascension.org) is a Catholic healthcare organization dedicated to the transformation of healthcare through excellent clinical care throughout the continuum and innovation. Its subsidiaries include Ascension Health, the nation’s largest Catholic and non-profit health system. Ascension Health provides the highest quality care to all with special attention to those who are poor and vulnerable. Last year Ascension Health provided $1.5 billion in care of persons living in poverty and community benefit programs. Its Mission-focused Health Ministries employ more than 155,000 associates serving in more than 1,900 sites of care in 23 states and the District of Columbia. Other Ascension subsidiaries provide services that include medical equipment management, treasury management, resource and supply management, venture capital investing, and physician practice management.
About Oak Hill Capital Partners
Oak Hill Capital Partners is a private equity firm with more than $8.2 billion of committed capital from leading entrepreneurs, endowments, foundations, corporations, pension funds and global financial institutions. Over a period of more than 24 years, the professionals at Oak Hill Capital Partners and its predecessors have invested in more than 60 significant private equity transactions. Oak Hill Capital Partners is one of several Oak Hill partnerships, each of which has a dedicated and independent management team. These Oak Hill partnerships comprise over $30 billion of investment capital across multiple asset classes. For more information about Oak Hill Capital Partners, please visit www.oakhillcapital.com.