Chief Healthcare Executive May 14, 2024
OSF HealthCare and Katherine Shaw Bethea Hospital are negotiating with plans to come together.
An Illinois health system is exploring the possibility of merging with an independent hospital that has been serving its community since the late 1800s.
OSF Healthcare, based in Peoria, Illinois, is exploring a merger with Katherine Shaw Bethea Hospital. The two organizations said May 10 that they have signed a term sheet to enter exclusive negotiations for a potential merger. KSB Hospital, as it is known, is based in Dixon, Illinois, a community of about 15,000 in the northern part of the state.
The organizations said they will spend the next several months working on a final agreement, and they noted that the deal will still...
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