UChicago Medicine to Control 4 AdventHealth Hospitals Under New Affiliation

The University of Chicago Medicine and AdventHealth have signed a definitive agreement to enter into an affiliation that will increase access to a spectrum of services, treatment options and cutting-edge clinical trials for residents in Chicago’s western suburbs.

Under the proposed affiliation, UChicago Medicine will acquire a controlling interest in AdventHealth’s Great Lakes Region — which includes its four Illinois hospitals in Bolingbrook, Glendale Heights, Hinsdale and La Grange — with AdventHealth retaining the remaining ownership and continuing to manage daily operations of the facilities. UChicago Medicine and AdventHealth will each retain their current system-level governance and administrative structures.

The transaction will enable consumers to access primary, specialty and subspecialty medical care across both organizations. Read more.

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