Wheaton Franciscan to be sold to St. Mary’s parent company

Freeman Staff

Oct. 29, 2015

WAUKESHA — The parent company of Columbia St. Mary’s Hospital is set to acquire Wheaton Franciscan Healthcare facilities in southeastern Wisconsin from the Wheaton Franciscan Sisters.

The sisters will also be transferring operations in Iowa, Illinois and Colorado to other organizations.

“This decision came after a lengthy discernment process by the Sisters as we are aging and our numbers are getting smaller in the United States. We wanted to transfer our corporate ministries while these ministries are healthy, fiscally sound, and have a strong sense of mission and values,” said Sister Pat Norton, chair of the Sponsor Member Board for Wheaton Franciscan Healthcare.

Wheaton Franciscan Healthcare facilities involved in the deal include All Saints in Racine, Elmbrook Memorial Campus in Brookfield, St. Joseph and St. Francis in Milwaukee; Wisconsin Heart Hospital and Midwest Spine and Orthopedic Hospital in Wauwatosa; Franklin Hospital and Midwest Orthopedic Specialty Hospital, a joint venture, in Franklin; Wheaton Franciscan Medical Group, outpatient centers, three transitional and extended care facilities, Home Health, and Hospice.

Ascension Health President and CEO Robert Henkel said the two organizations share the same mission, specifically “caring for all persons, especially those who are struggling the most.”

Wheaton Franciscan Healthcare President and CEO said he is looking forward to continued discussions and a definitive agreement and complete transfer is expected in early 2016.