Union nurses at University of Chicago Medical Center have voted to authorize a strike, but an interim contract will keep them on the job until at least the end of June. Get the full story »
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Four Chicago-area hospitals make list of top 100
From Crain’s Chicago Business | Four Chicago-area hospitals were included in a Thomson Reuters study of the top 100 hospitals in the U.S. The hospitals included were Advocate Good Samaritan Hospital in Downers Grove, Central DuPage Hospital in Winfield, Edward Hospital in Naperville and Silver Cross Hospital in southwest suburban Joliet.
Wheeling firm sells laundry business to U.K. buyer
A Wheeling-based company that provides laundry services to area hospitals has been sold by its private-equity owner to a strategic buyer based in the United Kingdom.
New York-based Blue Wolf Capital Partners LLC said Tuesday it has sold Wheeling-based Healthcare Laundry Systems, whose clients include Swedish Covenant Hospital, NorthShore University HealthSystem and Advocate Lutheran General Hospital, to Crothall Services Group. Get the full story »
March 7 at 7:00 p.m.
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Filed under: Chicago executives, Health care, Hospitals, Personnel moves Hospira taps Allergan president as new CEO
F. Michael (Mike) Ball.
Hospira Inc. has named F. Michael Ball, president of Botox maker Allergan Inc., as its next top executive, succeeding the only CEO the Lake Forest-based maker of generic injectable drugs has had since it was spun off from Abbott Laboratories.
Ball, 55, will Hospira become chief executive March 28, replacing Christopher Begley, who will retire after nearly seven years in the top job, the company announced late Monday. Hospira was spun off as a public company from North Chicago-based Abbott Laboratories in 2004. Get the full story »
Loyola to sell medical center to Trinity Health
Amid the rapidly changing health care landscape that demands large amounts of cash to provide consumers with the latest bells and whistles, Loyola University Chicago said Friday afternoon that it will get out of the hospital business by selling its medical center complex to a large national Catholic hospital operator.
The market is demanding more from hospital operators to stay competitive. By merging, hospitals can pool capital to buy new computer systems, electronic record-keeping systems and the latest medical technology something that Loyola executives say will be easier as part of a larger entity. Get the full story »
Advocate confirms talks with Sherman Hospital
Sherman Hospital in northwest suburban Elgin, which last month rejected an overture to merge with Centegra Health System, has had recent talks to partner with Advocate Health Care, the Chicago area’s largest provider of medical care. Get the full story »
Sherman Hospital says it rejected Centegra offer
Sherman Hospital confirmed Monday that it has rejected an offer from nearby Centegra Health System to merge into the two-hospital system.
Sherman said executives from Centegra, which owns hospitals in Woodstock and McHenry, was interested in a deal. The talks ended last month, Sherman spokeswoman Christine Priester said. Centegra could not be reached for comment early Monday afternoon. Get the full story »
Illinois Blue Cross, hospitals target re-admissions
Reducing costly re-admissions to hospitals is the goal of a new initiative being rolled out this year by Illinois’ largest health insurer and the state’s hospital lobby.
By 2014, Blue Cross and Blue Shield of Illinois and the Illinois Hospital Association say they hope to reduce re-admissions by 33 percent. In 2009 there were more than 50,000 re-admissions to the approximately 200 hospitals in the state. Get the full story »
Provident Hospital to reduce ER services
Provident Hospital. (Tribune file)
Ambulance runs to cash-strapped Provident Hospital’s emergency room are about to be halted as part of an effort by Cook County officials to cut the facility’s budget.
Beginning Saturday, the hospital at 500 E. 51st St. will no longer accept ambulance runs to the emergency room. Instead, patients will be taken to any of the six hospitals within a 5-mile radius of Provident, county health system spokesman Lucio Guerrero said. But the hospital will continue to treat people who walk into the emergency room, he said. Get the full story »
