The two groups signed a letter of intent to integrate in March. If the agreement closes as expected Sept. 1, Northwestern Medical Faculty Foundation and Northwestern Memorial Physicians Group, the physician group of Northwestern Memorial HealthCare, would form a new organization: Northwestern Medicine.
According to Crain’s Chicago Business, the faculty foundation group is Chicagoland’s second-largest physician group, with 900 physicians. Northwestern Memorial Physicians Group has 122 physicians, according to the report.
More Articles on Physician Integration:
Successful Implementation of a New Care Delivery Model
2 Physician Alignment Strategies and How Hospitals Can Adopt Them
Banner Health to Acquire Union Hills Surgery Center, Convert to HOPD