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2 Illinois systems will create 14-hospital network

Peoria, Ill.-based OSF HealthCare has finalized an agreement to merge with Evergreen Park, Ill.-based Little Company of Mary Hospital and Health Centers. 

Under the agreement the two organizations will become a unified 14-hospital system. When Little Company of Mary Hospital joins the health sytem it will be named OSF HealthCare Little Company of Mary Medical Center. 

The two organizations, working to secure the necessary regulatory approvals, expect the merger to be finalized Feb. 1, 2020.

More articles on healthcare industry transactions:

CHS' shrinking hospital portfolio: 12 latest divestitures
Dartmouth-Hitchcock, GraniteOne to merge
Ascension sells Connecticut hospital

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