Alia Paavola –
Friday, November 6th, 2020
2 hospitals in Illinois received approval from the state to combine and combine operations, according to The Times..
Under the contract, St. Margarets Health in Spring Valley and Illinois Valley Community Hospital in Peru will form a local care network..
The brand-new company will be owned by Fargo, N.D.-based SMP Health System and be governed by a board of directors making up representatives from SMP, St. Margarets and Illinois Valley..
The offer is anticipated to close Dec. 31..
More articles on healthcare industry deals: Washington healthcare facility votes to divide from Virginia MasonHospital M&An update: 5 recent dealsPenn State Health obtains health center from Geisinger.
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