MONROE - The plan to transfer sponsorship of Monroe Clinic at the beginning of next year was speedier than anticipated, and should be completely finalized by the end of the year.
Director of Marketing Patricia Lawson released a statement Friday in which she wrote the facility was "pleased to share" that the Congregation of Sisters of St. Agnes, the organization which has overseen Monroe Clinic since 1939, has signed "a definitive agreement" to transfer sponsorship of both Monroe Clinic and Agnesian HealthCare in Fond du Lac.
Catholic organization SSM Health, which is based in St. Louis, will acquire sponsorship once pending approvals are made. The group will have complete sponsorship between now and Dec. 31, Lawson said.
"We will be able to provide more details after the transfer is finalized," Lawson said.
There are no specific changes yet announced in the acquisition of Monroe Clinic by SSM Health, and Lawson could not comment on whether the facility's name or the status of employees would change.
The intention to transfer sponsorship was first announced July 12, after the Sisters of St. Agnes and SSM Health signed a letter of intent. Originally, the two parties said the transfer would take place in January.
"This is an exciting time for all of us, as it brings us another step closer to our goal of integrating these exceptional organizations within the SSM Health system," Lawson wrote, echoing a statement previously made by SSM Health President and CEO Laura Kaiser.
SSM Health owns 20 hospitals across Wisconsin, Illinois, Missouri and Oklahoma and employs roughly 33,000 people, Kaiser said. Monroe Clinic employs roughly 1,100 people across 12 locations.
When the initial announcement was made, Kaiser specified that no staffing changes or programs would be altered at Monroe Clinic, and that President and CEO Mike Sanders would remain in his position. Patients should still expect the same level of care they are used to, she added.
"We are honored that CSA has chosen us to preserve and advance their ministries, and we are excited to begin this journey," Kaiser said in the announcement. "Bringing our organizations together would enable us to further expand access to affordable, high-quality care in communities throughout Wisconsin, ensuring patients get the care they need, when and where they need it most."
CSA had specified the reason for the transfer was because of changes in healthcare markets. That prompted a need for change to ensure the level of patient care provided by the ministries, formed more than a century ago, would be maintained.
Director of Marketing Patricia Lawson released a statement Friday in which she wrote the facility was "pleased to share" that the Congregation of Sisters of St. Agnes, the organization which has overseen Monroe Clinic since 1939, has signed "a definitive agreement" to transfer sponsorship of both Monroe Clinic and Agnesian HealthCare in Fond du Lac.
Catholic organization SSM Health, which is based in St. Louis, will acquire sponsorship once pending approvals are made. The group will have complete sponsorship between now and Dec. 31, Lawson said.
"We will be able to provide more details after the transfer is finalized," Lawson said.
There are no specific changes yet announced in the acquisition of Monroe Clinic by SSM Health, and Lawson could not comment on whether the facility's name or the status of employees would change.
The intention to transfer sponsorship was first announced July 12, after the Sisters of St. Agnes and SSM Health signed a letter of intent. Originally, the two parties said the transfer would take place in January.
"This is an exciting time for all of us, as it brings us another step closer to our goal of integrating these exceptional organizations within the SSM Health system," Lawson wrote, echoing a statement previously made by SSM Health President and CEO Laura Kaiser.
SSM Health owns 20 hospitals across Wisconsin, Illinois, Missouri and Oklahoma and employs roughly 33,000 people, Kaiser said. Monroe Clinic employs roughly 1,100 people across 12 locations.
When the initial announcement was made, Kaiser specified that no staffing changes or programs would be altered at Monroe Clinic, and that President and CEO Mike Sanders would remain in his position. Patients should still expect the same level of care they are used to, she added.
"We are honored that CSA has chosen us to preserve and advance their ministries, and we are excited to begin this journey," Kaiser said in the announcement. "Bringing our organizations together would enable us to further expand access to affordable, high-quality care in communities throughout Wisconsin, ensuring patients get the care they need, when and where they need it most."
CSA had specified the reason for the transfer was because of changes in healthcare markets. That prompted a need for change to ensure the level of patient care provided by the ministries, formed more than a century ago, would be maintained.