One year after its merger, Advocate Health is already thinking about mergers and acquisition opportunities for growth. Advocate formed in December 2022 when Downers Grove, Illinois- and Milwaukee-based Advocate Aurora Health and Charlotte, North Carolina-based Atrium Health merged, creating a more than $27 billion system. It employs 150,000 people across 67 hospitals and more than 1,000 care sites. In June, Gene Woods, who led Atrium, will take over as the sole CEO at Advocate, at which point Advocate Aurora’s Jim Skogsbergh will retire. The two leaders, who have been serving as co-CEOs since the merger, discussed next steps for Advocate at a Crain’s Chicago Business event in Chicago.
Read the full article: Advocate Health CEOs Set Ambitious Growth Targets //
Source: https://www.modernhealthcare.com/mergers-acquisitions/advocate-ceos-considering-merger-opportunities