University of Chicago Medicine to acquire controlling interest in hospitals in western suburbs

University of Chicago Medicine plans to buy a piece of hospital system AdventHealth, which has four hospitals in the western suburbs, the system an...

September 20, 2022
6:38 AM

University of Chicago Medicine plans to buy a piece of hospital system AdventHealth, which has four hospitals in the western suburbs, the system announced Tuesday. Under the plan, UChicago Medicine would acquire a controlling interest in AdventHealth's Great Lakes Region, which includes hospitals in Bolingbrook, Glendale Heights, Hinsdale and La Grange. AdventHealth would continue to own a stake in the region and would manage the hospitals' daily operations The deal could close late this year or early next year, pending regulatory approvals.

Lisa Schencker