Healthcare DIVE October 22, 2021
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 Health CEO, will continue to serve as the leader of the Ascension hospitals and facilities; Thor 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...