Advocate Aurora Health and the Carle health system announced Thursday they have entered into a definitive agreement for Carle to acquire Advocate BroMenn Medical Center and Advocate Eureka Hospital and affiliated sites in Central Illinois. Both organizations cited Carle’s strong local footprint and a proven track record of successful partnership, enhanced access and coordination of care, and services for patients in Central Illinois as key drivers for the transaction. Both the Advocate Aurora and Carle governing boards approved the plan, announcing the decision to physicians, nurses and team members in both organizations today. Terms of the transaction are not being disclosed. The transaction is subject to regulatory approval, including by the Illinois Health Facilities and Services Review Board and the Federal Trade Commission. Closing is expected by mid-year 2020.
Read the full article: Carle to Acquire Normal and Eureka Hospitals //