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UnityPoint-Proctor Merger Receives Illinois Approval

The Illinois Health Facilities and Services Review Board has OK'd the affiliation deal between UnityPoint Health-Methodist and Proctor Hospital, both based in Peoria, Ill., according to a Journal Star report.

The organizations signed a letter of intent to merge in September. Under the agreement, UnityPoint Health-Methodist will become the sole parent organization for the 220-bed Proctor, and it will add three members from Proctor to its board. UnityPoint Health-Methodist will still be a senior affiliate of UnityPoint Health, which is based in West Des Moines, Iowa.

UnityPoint Health-Methodist currently includes Methodist Medical Center. Proctor will become a separate hospital campus and will be renamed UnityPoint Health-Proctor.

More Articles on Hospital Transactions:
Scripps Health, El Centro Regional Medical Center to Discuss Potential Transaction
Mountain States Officially Acquires Unicoi Hospital
Prime Healthcare, Saint Clare's Health System Merger Delayed

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