Fierce Healthcare September 15, 2022
University of Chicago Medicine plans to acquire a controlling interest in four AdventHealth hospitals and other locations that until recently were part of the Amita Health joint venture.
The organizations said in a Tuesday announcement and filing that AdventHealth would continue to manage daily operations at the affected facilities, all of which are located in the western suburbs of Chicago. The proposed deal will not affect either organization’s system-level governance or administrative structures, they said.
Financial terms were not disclosed. Pending regulatory approvals, the organizations said they are aiming to close either in late 2022 or early 2023.
If approved, the systems said their deal would allow patients to “seamlessly access primary, specialty and subspecialty...
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