Advocate Health Care, the state’s largest system, and NorthShore University HealthSystem, the dominant health network in Chicago’s northern suburbs, announced they will merge to form a 16-hospital system to be called Advocate NorthShore Health Partners.
Together, the two nonprofit systems would generate at least $6.5 billion in revenue and $400 million in operating income, based on their respective financial results from 2013. Presence Health, the 12-hospital network formed in a 2011 merger between Resurrection Health Care and Provena Health, was the second-largest system by revenue in the state, with $2.7 billion on the top line in 2013.
Read more in Crain’s Chicago Business.
