Over 1600 Total Lots Up For Auction at Four Locations - NJ Cleansweep 05/07, NJ Cleansweep 05/08, CA 05/09, CO 05/12

NorthShore to merge with Northwest Community Healthcare

by John R. Fischer, Senior Reporter | July 10, 2020
Business Affairs

NorthShore previously had a plan starting in 2014 to merge with Advocate Health Care but walked away from it in 2017 after the Federal Trade Commission challenged the proposed merger. A federal judge agreed with the FTC on the grounds that Advocate and NorthShore together would be able to impose price increases on Illinois insurers, according to The Chicago Tribune.

Both NorthShore and Northwest do not anticipate the FTC will have significant concerns about their deal, and expect the transaction to close later this year, pending regulatory review and approval.

stats
DOTmed text ad

Your Trusted Source for Sony Medical Displays, Printers & More!

Ampronix, a Top Master Distributor for Sony Medical, provides Sales, Service & Exchanges for Sony Surgical Displays, Printers, & More. Rely on Us for Expert Support Tailored to Your Needs. Email info@ampronix.com or Call 949-273-8000 for Premier Pricing.

stats

"Joining with an established system, whose model is unique yet mission and culture mirror ours, will allow NCH to strengthen its core programs, drive improved access and expand specialized care for our patients and community," said Scogna. "This is a merger of two great organizations that will preserve the NCH facilities, physician partnerships and most importantly, our longstanding commitment to the community."

Back to HCB News

You Must Be Logged In To Post A Comment