Breaking News Bar
updated: 5/16/2014 7:29 AM

Northwestern, Cadence Health reach merger deal

hello
Success - Article sent! close
 
Associated Press

The governing boards of two nonprofit health systems in northern Illinois have reached a merger deal, subject to approval from state and federal regulators.

Northwestern Memorial HealthCare and Cadence Health announced the agreement Thursday in a joint statement. The resulting health system, under the name Northwestern Medicine, would include four hospitals and have combined annual revenue of nearly $3 billion.

Order Reprint Print Article
 
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

Current Northwestern CEO Dean Harrison would head the system with Cadence CEO Mike Vivoda serving as regional president and Northwestern Memorial HealthCare senior vice president.

Cadence Health was formed in 2011 in the merger of Winfield-based Central DuPage Health System and Geneva-based Delnor Community Health System.

Northwestern Memorial HealthCare is the parent company of Northwestern Memorial Hospital in Chicago and Northwestern Medical Group.

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.