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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 »
Two large Chicago-area hospital operators are exploring a merger in a deal that could create the largest Catholic-owned health care system in Illinois, sources told the Tribune.
Chicago-based Resurrection Health Care, which operates six hospitals in Chicago and the suburbs, has signed a letter of intent to “explore merger” with Mokena-based Provena Health, which owns six hospitals in the suburbs and downstate. Get the full story »
