Forbes June 17, 2020
Two of the largest hospital operators in the Midwest — Advocate Aurora Health and Beaumont Health — are “exploring a potential partnership” that could lead to a merger, the companies disclosed Wednesday.
“Following approval last week by the boards of directors, both organizations signed a non-binding letter of intent that paves the way to deeper discussions to create a leading health care system that would span across Michigan, Wisconsin and Illinois,” Beaumont and Advocate Aurora Health said in a statement.
Advocate was formed via the merger of Illinois-based Advocate Health Care and Wisconsin’s Aurora Health Care and executives of the combined company have said they plan to grow in the future to further expand their footprint. An Advocate Aurora deal...
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