Medical Xpress May 12, 2022
Setting its sights on national growth, Charlotte-based health care giant Atrium Health announced major plans on Wednesday to double its size through a deal with a Midwestern hospital system.
This is Atrium Health’s largest business deal to date—a strategic combination with Illinois and Wisconsin-based hospital system Advocate Aurora Health.
The move will result in the fifth largest health system in the country, Atrium CEO Gene Woods told The Charlotte Observer in an interview Tuesday ahead of the announcement.
The system will be headquartered in Charlotte, with combined revenue of more than $27 billion. It will operate under the Advocate Health name, with the Advocate, Aurora and Atrium Health brands used locally.
The goal isn’t size, Woods said, but what that...