Loyola Medicine’s regional system includes Loyola University Medical Center, Gottlieb Memorial Hospital, MacNeal Hospital and its affiliated operations acquired from Tenet Healthcare in 2018, and a large ambulatory network offering primary and specialty care at locations throughout Cook, Will and DuPage counties.
“We have built a strong relationship with Palos over the years. Many physicians at Palos Health trained at Loyola University Medical Center and we have been providing tertiary care to Palos patients in the south and southwest suburbs for decades. A strong partnership with the exceptional clinicians at Palos will provide greater value to the members of our communities,” said Shawn P. Vincent, president and CEO of Loyola Medicine and president of Trinity Health’s Illinois region.
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“Palos, under Dr. Moisan's and the Palos Board leadership, has created a health care delivery system that provides outstanding care and service for their community," said Richard J. Gilfillan, M.D., chief executive officer of Trinity Health. "We are excited about the opportunity to bring together the Palos and Loyola Medicine care teams and capabilities to ensure the provision of high-quality and high-value care to the community for many years to come."
The due diligence process is expected to take several months. The terms of the LOI are not being disclosed. Palos Health will continue to operate as a not-for-profit corporation.
About Palos Health
Palos Health is a fully integrated, community-based health care system consisting of Palos Hospital, Palos Medical Group, Palos Health South Campus in Orland Park, Palos Imaging and Diagnostics, Palos Home Care and Hospice and Chicago Health Colleagues, a clinically integrated physician network.
With 425 licensed beds and more than 600 affiliated physicians, Palos Hospital—located in Palos Heights, Ill., 22 miles from downtown Chicago—serves the southwest suburbs. Accredited by The Joint Commission, Palos Hospital recently earned a five-star rating from Centers for Medicare and Medicaid Services. Key services including cardiac, orthopaedic, gastroenterology and more, have gained national recognition.
For two consecutive Cancer Program surveys, Palos Hospital has been awarded the Outstanding Achievement Award and gold standard rating for accreditation with commendation by the American College of Surgeons, Commission on Cancer. In cooperation with Loyola Medicine, Palos Health South Campus is home to a ground-breaking MRI-guided radiation therapy—the first in Illinois and only the fifth in the country—that targets tumors with millimeter precision.
