Ascension is one of the largest private healthcare systems in the United States, ranking second in the United States by number of hospitals as of 2019. It was founded as a nonprofit Catholic system.
In 2018, it was the largest Catholic health system, with 165,000 employees, 151-hospitals, and $552.69 million in income from operations on revenue of $22.63 billion. Ascension's CEO in 2018 was Anthony Tersigni. By the end of 2021, Ascension had 142,000 employees and 142 hospitals.
Ascension has $15.5 billion in cash and operates a venture capital fund.