In its proposal to acquire Methodist Hospital for $22.5 million, Thorek said the combination of the two hospitals has the potential to benefit the community through cost savings and improved patient care.
A Methodist Hospital spokesperson told the Chicago Tribune there are no plans to close Methodist Hospital if Thorek purchases it.
“We want to stay open, we want to stay viable and we want to stay a community hospital,” the spokesperson said.
More articles on healthcare industry transactions:
Merger creates $2.4B health system with hospitals in New York, Connecticut
Advocate Aurora Health acquires Wisconsin hospital
CHS to sell Tennessee 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.