MCHC, which represents more than 150 hospitals and healthcare organizations in the eight-county Chicago area, is trying to form the Land of Lincoln Health CO-OP and is one of five applicants trying to grab the CMS-sponsored loan money for Illinois.
So far, 14 non-profit organizations have received low-interest loans to start a CO-OP. CMS plans to allocate roughly $3.8 billion to the CO-OP program.
