According to the article, Oak Hill Capital will invest $400 million and assume $495 million in debt. Ascension which was created in 1999 currently has 69 hospitals in 20 states. The agreement also allows for the hospitals t adhere to the teachings...
Filed under: Medically Related, Other Items of Interest, healthcare, Hospitals, Non Profit, Money, funds, Catholic Healthcare, private equity, debt, Ascension Healt, Oak Hill Capital