Advocate Aurora Health offers early retirement buyouts to hundreds

Advocate Aurora Health, which has dual headquarters in Milwaukee and Downers Grove, Ill., launched a voluntary early retirement program for certain employees in management positions.

"Aligned with our commitment to transform care and accelerate affordability, we offered a voluntary early retirement program to management who meet certain eligibility requirements based on age and years of service," the health system said in an email to Becker's Hospital Review. "Approximately 300 individuals are evaluating whether or not to opt into the program."

All of the management-level employees who received buyout offers are over the age of 60 with more than 10 years' of service.

Advocate Aurora Health was formed in April 2018 with the merger of Downers Grove-based Advocate Health Care and Milwaukee-based Aurora Health Care. The 10th largest nonprofit health system in the nation, Advocate comprises 28 hospitals and more than 500 outpatient sites.

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