To Double Revenue, Advocate Aurora Looks to Add Health Systems

The last time Advocate Aurora Health doubled its revenue was when it formed through a 2018 merger. Now, it may look to absorb more health systems as the $12 billion system strives to double its revenue yet again. “We do see that there may be other health systems that will be interested in joining Advocate Aurora Health,” said Dominic Nakis, chief financial officer of the not-for-profit health system. The system, based in Downers Grove, Ill., and Milwaukee, used its stage time at this week’s J.P. Morgan Healthcare Conference in San Francisco to unveil its ambitious 2025 goals, which include more than doubling annual revenue from about $12 billion to $27 billion and increasing patients served from 2.8 million to 10 million.

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Source: https://www.modernhealthcare.com/providers/double-revenue-advocate-aurora-looks-add-health-systems

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