Becker's Healthcare January 21, 2022
Five deals between two health systems have been recently announced or completed in the last couple months.
Below is a breakdown of these deals by the numbers, as reported on by Becker’s:
1. NorthShore, Edward-Elmhurst merge into 9-hospital system
The players: Evanston, Ill.-based NorthShore University HealthSystem and Naperville, Ill.-based Edward-Elmhurst Health.
The deal in a sentence: NorthShore and Edward-Elmhurst have finalized their merger.
The numbers: The two organizations are now a nine-hospital system, the third largest in Illinois. It expects total revenue to exceed $5 billion in the first year of operation, and both systems will donate $100 million to their respective communities.
2. LifePoint completes acquisition of Kindred, launches new company
The players: Brentwood, Tenn.-based LifePoint Health and Louisville, Ky.-based Kindred Healthcare.
The deal...