Healthcare DIVE October 22, 2021
Samantha Liss

Dive Brief:

  • Ascension and AdventHealth are unwinding Amita Health, the Chicagoland area’s largest health system by hospital count, with 19 hospitals operating throughout the region.
  • The two national chains are parting ways after jointly operating Amita Health for seven years, the systems said in a Thursday statement.
  • Keith Parrott, Amita┬áHealth CEO, will continue to serve as the leader of the Ascension hospitals and facilities;┬áThor Thordarson, chief operating officer at Amita, will lead the AdventHealth hospitals in the market.

Dive Insight:

Unwinding a hospital merger deal is rare in the healthcare industry, which has steadily consolidated over the years, raising serious concerns about a lack of robust competition in many hospital markets and the subsequent impact on prices.

Over...

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Topics: Health System / Hospital, Mergers & Acquisitions / JV, Provider, Trends
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