Ascension

Price increases? Job losses? How will UAB’s acquisition of St. Vincent’s impact local health care?

The president of Alabama’s hospital association says the acquisition will help maintain access to care, but some economists predict the move will lead to job cuts and higher health care costs.

UAB to acquire Ascension St. Vincent’s for $450 million

Under the agreement, UAB will assume control of all Ascension St. Vincent's hospitals and providers in Alabama.