Chief Healthcare Executive September 26, 2024
State regulators have signed off on OSF Healthcare’s acquisition of KSB Hospital, a rural provider in northern Illinois.
After months of work and anticipation, Illinois state regulators have signed off on the sale of KSB Hospital.
The Illinois Health Facilities and Services Review Board has approved OSF Healthcare’s acquisition of KSB Hospital. OSF Healthcare and KSB announced this week that they had secured the approval of the state board. The organizations first disclosed that they were exploring a merger in May.
A rural facility in northern Illinois, the Katherine Shaw Bethea Hospital first opened its doors in 1897. With state officials signing off on the deal, KSB officials say they see a promising future for the 80-bed hospital. KSB also...
Today's Sponsors
Today's Sponsor