Tuesday, May 14, 2013
Merger scheduled to be final on July 1.
Edward Hospital and Health Services and Elmhurst Memorial Healthcare are another step closer to a merger Tuesday, after the state agency that regulates healthcare expansion voted unanimously to approve the merger transaction. Edward Hospital and Elmhurst Memorial Healthcare will be under an umbrella nonprofit system overseen by a 13-member community board of trustees, eight initially appointed by Edward and five appointed by Elmhurst Memorial. Edward CEO Pam Davis will be CEO of the new system while Edward’s Vince Pryor will be executive vice president and chief financial officer. The name under which the new system will be known and marketed will be determined in the months after the closing. The merger is scheduled to be finalized …
Wednesday, April 3, 2013
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 …
Thursday, January 24, 2013
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 …
Monday, June 27, 2011
Effective Friday, Plainfield will be one of 3,700 libraries in five library systems that will consolidate under one umbrella group.
The five library systems in northern Illinois will merge Friday into one consolidated system, Reaching Across Illinois Library System. Known as RAILS, the new system will be made up of DuPage and Kane counties' DuPage Library System, Cook and DuPage counties' Metropolitan Library System, the North Suburban Library System, the far southwest territory's Alliance Library System and the Prairie Area Library System, which serves 20 counties including Will, Kendall and Grundy. Plainfield Public Library is currently part of the Prairie Area Library System. The change is a way for libraries to restructure their administration without affecting services for users, said Susan McNeil-Marshall, Woodridge Public Library administrator. "Things are …
Tuesday, March 22, 2011
Court rejects request to weigh environmental damage to communities against the bottom line benefits for Canadian National Railway.
A federal appeals court has ruled that Canadian National Railway does not have to lessen the environmental impact its purchase of the EJ&E Railroad will have on the communities that its tracks cross, including Plainfield. “This is not good news for Plainfield and Will County,” Will County Board member Lee Ann Goodson, who represents Plainfield’s District 5, said in an e-mail. “As the economic recovery continues, we will slowly realize the full impact of this merger.” The lawsuit was brought by a coalition of about a dozen area towns that are part of TRAC (The Regional Answer to Canadian National), which works to protect the interests of towns and people who live near the – you guessed it – tracks. Plainfield had been part of the group but …