Stryker announces definitive agreement to acquire Ascent Healthcare Solutions
Stryker Corporation today announced a definitive agreement to acquire privately held Ascent Healthcare Solutions, Inc. the market leader in the reprocessing and remanufacturing of medical devices in the US Under the terms of the agreement, Stryker will acquire Ascent Healthcare Solutions for $525 million in an all cash transaction.
Ascent Healthcare Solutions, a leader in the medical device industry delivering efficiency and sustainability in healthcare, announced today that Adventist Health, a large, nonprofit integrated delivery system that provides health care in California, Oregon, Washington and Hawaii, has selected Ascent to support its sustainability initiatives through medical device remanufacturing and reprocessing.