SpecialtyCare Bought by Morgan Stanley Unit

Immediate plans include utilizing CLS Health's resources to improve operations, offer more in-house ancillary services, and connect patients to a larger network.

The companies are in talks for a deal that would value ChenMed at several billion dollars.

OSF HealthCare has signed a letter of intent with St. Margaret’s Health to purchase some select assets, including the now-closed St. Margaret’s Health – Peru and other locations across the Illinois Valley.