Franciscan Alliance to assume control of La Porte hospital
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Mishawaka-based Franciscan Alliance will assume full control of La Porte’s Franciscan Beacon Hospital later this spring, Franciscan Alliance announced Tuesday.
In 2018, Franciscan Alliance and South Bend-based Beacon Health System agreed on a 50/50 joint partnership to open the La Porte hospital and build an expansion.
Financial terms of Franciscan’s acquisition of Beacon’s stake in the hospital were not disclosed.
All 33 Beacon employees will be retained and employed by Franciscan Alliance. The physicians and staff working at the Beacon medical office attached to the hospital will not be affected.
“We are thrilled to further expand our healthcare services in La Porte with the acquisition of Franciscan Beacon Hospital,” said Dean Mazzoni, Franciscan Health Michigan City president and CEO, in a news release. “We thank Beacon Health System for their partnership over these past six years and look forward to welcoming the Beacon Health System employees there as our Franciscan coworkers.”
The 92,500-square-foot hospital has a 24-hour emergency room, overnight care beds, lab services, on-staff pharmacist, physical therapy and imaging and diagnostic equipment.
“Beacon and Franciscan Health strive to do what is in the best interest for the community and will continue to partner in other ways to provide high-quality healthcare for the La Porte region,” said Diane Maas, chief strategy and digital growth officer for Beacon, in the release. “We are proud of the hospital’s dedicated clinicians and support teams who are continuing to improve patients’ lives and for playing an integral role in bringing this new model of care to Northern Indiana.”
The closing date is March 1. After which, the hospital plans a 90-day transition period.