The University of Alabama Board of Trustees approved a $450 million acquisition Tuesday of Ascension St. Vincent's, which operates a flagship hospital in Birmingham, alongside smaller facilities in east Birmingham, St. Clair County, Blount County and Chilton County.
The UAB Health System is set to acquire Ascension St. Vincent’s in north central Alabama this fall in a deal worth $450 million following a vote of approval Tuesday by the University of Alabama Board of Trustees.
During a specially called board meeting, trustees said the deal had been in the works since 2023, when Ascension, a national system of Catholic hospitals, approached UAB about the sale. It could be finalized by the fall, pending approval by regulators and the Catholic Church. “UAB is hopeful that most – if not all – of Ascension St. Vincent’s roughly 5,000 caregivers and associates will remain in their roles,” said UAB spokesperson Alicia Rohan. " UAB’s goal is to support fulfilling and meaningful careers in service to our patients and communities.”
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