TITLE

Ascension looks to Chicago

AUTHOR(S)
Evans, Melanie
PUB. DATE
May 2011
SOURCE
Modern Healthcare;5/2/2011, Vol. 41 Issue 18, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Ascension Health will enter into a merger deal with Alexian Bros. Health System as it aims to become major player among Catholic hospitals in Chicago, Illinois. Analysts are saying that the consolidation could give Chicago's solo hospitals access to larger systems' resources to improve quality and clinical integration. Mark Frey, vice president at Alexian Bros. said that they entered the deal because they fear that their finances would erode as reimbursement declines and demand for capital investment increases.
ACCESSION #
60498193

 

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