The hospitals signed a letter of intent to merge in September. In early December, the Vatican approved the transfer of the property — a necessary approval in order for the partnership to proceed.
As a member of Sinai Health System, Holy Cross Hospital will remain a Catholic hospital and fully comply with the U.S. Conference of Catholic Bishops Ethical and Religious Directors for Catholic Healthcare, according to the report. The Sisters of St. Casmir will remain the religious sponsors of Holy Cross Hospital.
The transaction is expected to be completed in January 2013.
More Articles on Holy Cross Hospital, Sinai Health Merger:
City Approves Sale of Dolly Vinsant Memorial Hospital in Texas
Sinai Health, Holy Cross Hospital in Chicago to Merge
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
