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Agnesian HealthCare, Monroe Clinic signal intent to join SSM Health

August 1, 2017

Fond du Lac, Wis.-based Agnesian HealthCare and Monroe, Wis.-based Monroe Clinic may join the St. Louis-based SSM Health system.

The Congregation of Sisters of St. Agnes, which established their Wisconsin health ministries more than a century ago and sponsor the Catholic nonprofit Agnesian HealthCare and Monroe Clinic, decided to pursue the transfer to SSM Health. They said in a July 12 news release they considered changes in Wisconsin's payer and provider markets and the congregation's demographics as they seek to uphold the legacy of the health care ministry and maintain the level of care it provides to patients and communities. A spokesperson said neither SSM Health nor the congregation, which has about 200 sisters in the United States and Nicaragua, was commenting beyond the news release at this time.

Agnesian HealthCare has about 3,800 employees and includes St. Agnes Hospital in Fond du Lac, Ripon Medical Center in Ripon, Waupun Memorial Hospital in Waupun, clinics, pharmacies, and long-term care facilities. According to the Milwaukee Journal Sentinel, Agnesian HealthCare had $11.4 million operating income and $19.9 million in net income on revenue of $466.2 million in fiscal year 2016.

Monroe Clinic is a single-hospital health system serving southern Wisconsin and northern Illinois. Monroe Clinic has about 1,100 employees and includes a multispecialty physician practice with 122 employed providers, 12 clinic locations and other health care sites and services. The Journal Sentinel said Monroe Clinic had operating income of $857,055 and a net loss of $4 million on revenue of 
$166.9 million in calendar year 2016. The net loss included a $6.3 million charge from refinancing debt.

SSM Health, sponsored by SSM Health Ministries, has about 35,000 employees. It operates 20 hospitals and other facilities in Missouri, Illinois, Oklahoma and Wisconsin.

SSM Health serves an 18 county area in south-central Wisconsin with SSM Health St. Mary's Hospital in Madison, SSM Health St. Mary's Hospital in Janesville and SSM Health St. Clare Hospital in Baraboo. It has a network of about 50 SSM Health Dean Medical Group locations and insures about 425,000 people through Dean Health Plan, a health maintenance organization. SSM Health also has two skilled nursing facilities in Wisconsin, home health services and Navitus Health Solutions, a pharmacy benefit management services company.

 

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