Deal finalized transferring Franciscan Sisters oversight of Mayo Clinic Health System
LA CROSSE, Wis. (WKBT) — A new agreement gets a La Crosse hospital one step closer to a new owner.
The Franciscan sisters of perpetual adoration will receive 37 million dollars in cash and real estate for transferring ownership of Mayo Clinic Health System-Franciscan Healthcare to Mayo Clinic.
The news comes one year after announcing the transition.
The FSPA had maintained oversight of the La Crosse hospital since the 1800s.
The change was approved in late October.
Money from the transfer will allow the sisters to address other concerns.
“Some examples include the homelessness initiative in La Crosse, which FSPA is very involved in, the human trafficking efforts led by the task force to end modern slavery,” Jane Comeau, Communications Director for the Franciscan Sisters of Perpetual Adoration.
Along with the change with Mayo Clinic Health System, the partnership with Viterbo University will change.
The sisters will operate an organization called Viterbo Ministries, instead of directly overseeing the college to continue their connections to their Franciscan history.
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