The acquisition would help the downtown Chicago teaching hospital enter the city’s affluent northern suburbs, where Northwestern has purchased a 10-care site in 2007 for $9 million and hopes to carry out a strategy of setting up clinics that bring healthcare closer to where people live.
State documents list the “enterprise value” of 67-year-old Lake Forest Hospital as in the range of $216-$242 million.
Read the Chicago Tribune’s report on Lake Forest Hospital.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.