Becker's Healthcare May 16, 2022
Two large health systems revealed plans to merge last week in a blockbuster deal that could signal more transactions to follow for hospitals and surgery centers.
Charlotte, N.C.-based Atrium Health and Advocate Aurora Health, based in Milwaukee and Downers Grove, Ill., plan to combine into a 67-hospital health system with about 158,000 employees. The two health systems cited digital transformation, innovation, health equity and creating the workforce of the future as centerpieces of the deal. As a larger organization, the new health system, which would be called Advocate Health, would better address health equity and “launch game-changing innovations,” according to Eugene Woods, Atrium’s CEO.
The merger, which is subject to regulatory review, would create a $27 billion system to address...
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