Daniel Stricker will lead Ascension's new post-acute division, the Catholic health system announced Thursday.
Stricker will oversee Ascension's independent living, assisted living, memory care, skilled nursing, short-term rehab and elder care facilities and services as well as those related to home health, hospice, palliative care, home infusion and home medical equipment. He will officially start the new role as president on July 1.
Stricker was the chief operating officer for Ascension Living, where he managed operational and clinical integration of post-acute services. Prior to that, Stricker served as regional chief executive officer for Ascension Healthcare's Carondelet long-term care facilities in Kansas City. When Ascension Living was formed in 2014, he served as the vice president of strategy and business development.
Ascension's operating income fell 81% from fiscal 2017 to 2018, from $552.7 million on $22.71 billion in total operating revenue to $104.8 million on $23.16 billion in operating revenue, according to Ascension's year-end financial report. The health system expected a dip in profitability as it continues its restructuring.
