Chicago-Area Hospital Systems Sign Merger Deal
CHICAGO (AP) - Two Chicago-area hospital groups have signed an agreement to merge, paving the way to create Illinois' largest Catholic-owned health care system, officials announced Tuesday.
The deal between Chicago-based Resurrection Health Care and Mokena-based Provena Health followed months of talks. Resurrection operates six hospitals in the Chicago area and Provena owns six hospitals statewide. The combined system would have nearly $3 billion in operating revenue.
Both systems submitted an application to state health officials. Approval could come this year.
In addition to the 12 hospitals, the new system would include 28 long-term care and senior residential facilities, more than 50 primary and specialty care clinics and six home health agencies.
It would employ 5,000 physicians and have more than 22,000 employees.
Associated Press text, photo and/or graphic material shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. Neither these AP Materials nor any portion thereof may be stored in a computer except for personal and non-commercial use. The AP will not be held liable for any delays, inaccuracies, errors or omissions therefrom or in the transmission or delivery of all or any part thereof or for any damages arising from any of the foregoing.
Latest Stories
- Alders Call for Hearing on Delays in Critical Public Safety Technology Procurement
- La Rabida Children’s Advocacy Center Celebrates 40 Years of Healing and Hope for more than 10,000 Local Children Impacted by Abuse and Trauma
- Comedian And Actor Lil Rel Howery Leads Storytime At Nia Family Center
- The Support Group Hosts Lunch With A Leader
- Legislation Aims To Provide Equitable Funding To Public Universities
Latest Podcast
Things That You Should Know That Your Agent Knows...
