CONNECT WITH US
HealthTech

HealthTech

Rush University System for Health, Endeavor Health unveil 12-hospital merger

Fierce Healthcare logo

Published on

Add as a preferred source on Google
Rush University System for Health, Endeavor Health unveil 12-hospital merger

Two of Chicagoland’s major healthcare players announced plans Wednesday to merge into a 12-hospital nonprofit with nearly $11 billion in annual revenue.

The deal, pending approvals, marries Rush University System for Health, a three-hospital academic system with three affiliated healthcare colleges, with Endeavor Health, a nine-hospital system formed through the 2022 merger of NorthShore University HealthSystem and Edward-Elmhurst Health.

Together, the systems would command over 400 care sites, employ more than 46,000 people including over 3,400 clinicians, and reach over 2 million Northern Illinois and Northwest Indiana patients per year.

“Together, Rush and Endeavor Health have an opportunity to create a stronger, more connected health system that sets a new standard for how care is delivered and experienced across our communities,” said Gerald “J.P.” Gallagher, president and CEO of Endeavor Health, who would also hold those roles at the to-be-formed entity. “Patients and communities will benefit from improved access, advanced research and nationally recognized, high-quality care close to home.”

The systems said they would be targeting an early 2027 close in their announcement, though a concurrent regulatory filing lists plans for completion during the fourth quarter of this year.

The arrangement outlines a $1 billion commitment from Endeavor Health to support community impact ($300 million), academics and research ($500 million) and care quality and innovation ($200 million) in the region, according to the announcement and a fact sheet.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.