Two of the largest healthcare providers in the area recently announced plans to merge, creating one of the largest integrated systems in the state.
Edward Hospital & Health Services and Elmhurst Memorial Healthcare are in the process of joining forces.
Combined, the merger would create a three hospital healthcare system: Edward, Elmhurst Memorial and Linden Oaks at Edward. Together they would have more than 50 locations, combined revenue of $1 billion, and would employ nearly 7,600 with more than 1,600 physicians.
The proposal is under review by state and federal regulators. If approved, Edward President and CEO Pam Davis will become the CEO of the new health system.
The merger could be approved by mid-2013.
WANT MORE LOCAL NEWS?
Get daily news headlines delivered to your inbox!Sign Up Today!