TITLE

Mission compatible: Merger would create states largest Catholic system

AUTHOR(S)
Barr, Paul; Blesch, Gregg
PUB. DATE
July 2011
SOURCE
Modern Healthcare;7/11/2011, Vol. 41 Issue 28, p17
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the merger agreement between Provena Health and Resurrection Health Care to create Illinois' largest Cartholic health system with 12 acute-care hospitals. An overview of the terms of the merger contained in the systems' application to the Health Facilities and Services Review Board is provided. In 2010, Resurrection posted 1.7 billion U.S. dollars in patient revenue while Provena gained 1.22 billion U.S. dollars in net patient and resident service revenue.
ACCESSION #
62938419

 

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