The merger is on track to be completed this summer, according to information released Wednesday.
Wednesday, April 3
Elmhurst Memorial Healthcare and Edward Hospital and Health Services, based in Naperville, have signed a definitive agreement, which is a major step toward a merger, according to a statement from the two hospitals released today, Wednesday, April 3. Edward Hospital has a Plainfield campus. The agreement keeps the merger on track to be completed this summer. It includes the terms and conditions of the new system and commits Edward and EMHC to becoming an integrated health system pending review by regulators during the next few months. The merger already has cleared a standard federal antitrust review by the Federal Trade Commission and the Antitrust Division of the Department of Justice. The Illinois Health Facilities and Services Review …
Pending state and federal regulatory review, deal could be finalized mid-year.
Thursday, January 24
By Karen Chadra Elmhurst Memorial Healthcare and Edward Hospital and Health Services on Tuesday announced plans to merge, creating one of the larger integrated health systems in the state. Get news in your inbox. Sign up for the Patch newsletter. Like Plainfield Patch on Facebook. According to a press release, the proposed merger would create a three-hospital health system—Edward, Elmhurst Memorial and Linden Oaks at Edward—with revenues of more than $1 billion and more than 50 locations across a service area of 1.7 million residents. The system would employ nearly 7,600 and have more than 1,680 physicians on staff. Last week, the parent boards of each entity agreed to enter into a letter of intent to merge. Before the merger can be …