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October 13, 2022 05:47 PM

Illinois board taking up Advocate Aurora-Atrium merger again

Crain's Chicago Business
Jon Asplund
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    Aurora Health

    A special meeting of the Illinois Health Facilities & Services Review Board set for Oct. 17 will revisit an issue involving Advocate Aurora Health's plan to combine with Atrium Health to form one of the nation's largest hospital systems.

    Monday's meeting will be at 10 a.m., when the board will consider Advocate Aurora's request for a change of ownership exemptions.

    Download Modern Healthcare’s app to stay informed when industry news breaks.

    In September, the Health Facilities panel first voted to deny the request, then voted to postpone action on the issue. In voting to not accept the request for exemptions, board members cited a lack of specifics about what the joint operating agreement would look like and whether decisions would be made at the local level.

    The health systems' representatives say no money is changing hands and hospital ownership will be retained by the legacy systems, Downers Grove-based Advocate Aurora Health and Charlotte, N. C.-based Atrium Health.

    At the Sept. 13 meeting, representatives of Advocate Aurora said they would provide the board with further details.

    This story first appeared in our sister publication, Crain's Chicago Business.

    Related Articles
    Illinois board reversal: Advocate Aurora, Atrium get more time on merger
    Advocate Aurora-Atrium's proposed merger sparks pricing concerns
    Advocate Aurora/Atrium merger to-do list: culture, communication and control
    Advocate Aurora Health, Atrium Health to form $27 billion system
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