Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
NorthShore, Edward-Elmhurst Health Agree to Merge
NorthShore University HealthSystem and Edward-Elmhurst Health have announced plans to merge under a new parent system, pending regulatory approval. The combined organization will encompass nine hospitals and dozens of outpatient locations across Chicago’s suburbs.
“NorthShore and Edward-Elmhurst Health share a vision of delivering expanded access to a transformative, differentiated patient care experience,” said J.P. Gallagher, president and CEO of NorthShore. “By working together, we will connect patients and communities to personalized care, advanced clinical solutions and innovative technologies through improved access, expertise and services.”
The new organization, comprised of two regions – NorthShore and Edward-Elmhurst – will be led by Gallagher as president and CEO. Current Edward-Elmhurst CEO Mary Lou Mastro will join the executive team of the new organization, maintaining leadership as CEO of the Edward-Elmhurst region.
NorthShore and Edward-Elmhurst have also announced the creation of two community investment funds, with each organization committing $100 million to their respective communities.
- ◦Sale/Acquisition