Illinois' Elmhurst Memorial, Northwestern Memorial in Merger Talks
EMHC news release.
A merger would allow Northwestern Memorial to expand into the western suburbs of Chicago, while Elmhurst Memorial would be able to enjoy a more financially secure future with Northwestern Memorial, a viable player in the local healthcare market, according to a Chicago Business report.
Additional details about the discussions were not disclosed. Hospital officials anticipate this next phase of the discussion to be complete within several months.
Related Articles on Hospital Mergers in Illinois:Illinois Review Board Approves Provena, Resurrection Merger
Illinois' Alexian Brothers Signs Definitive Agreement With Ascension Health
Sandra Bruce to Lead Illinois' Combined Resurrection, Provena System if Deal Closes
© Copyright ASC COMMUNICATIONS 2012. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.