North­west­ern, Ca­dence com­plete merger

Modern Healthcare - - REGIONAL NEWS - —Bob Her­man

North­west­ern Me­mo­rial Health­Care and Ca­dence Health have rat­i­fied fi­nal terms of their merger, creat- ing a Chicago-area health sys­tem with nearly $3 bil­lion in an­nual rev­enue.

The Illi­nois Health Fa­cil­i­ties and Ser­vices Re­view Board ap­proved the merger ap­pli­ca­tion in July af­ter the two groups pub­licly en­tered dis­cus­sions in March.

The com­bined or­ga­ni­za­tion, which will re­tain the North­west­ern Me­mo­rial Health­Care name, be­gins op­er­at­ing on Sept. 1.

The new in­te­grated de­liv­ery sys­tem will in­clude four acute-care hos­pi­tals, giv­ing North­west­ern a big­ger pres­ence in the well-in­sured Chicago sub­urbs that are dom­i­nated by other sys­tems. Ad­vo­cate Health Care, head­quar­tered in Down­ers Grove, Ill., is the largest sys­tem in the area with 11 hos­pi­tals.

North­west­ern is pri­mar­ily known for its 885-bed aca­demic med­i­cal cen­ter in Chicago. It will now con­trol 344-bed Cen­tral DuPage Hos­pi­tal in Win­field, Ill., and 159-bed Del­nor Hos­pi­tal in Geneva, Ill. North­west­ern al­ready owns a hos­pi­tal in Lake For­est, Ill., which is be­ing re­built and will in­clude 114 beds. Ca­dence’s hos­pi­tals will not be re­named for the time be­ing.

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