The Illinois Health Facilities and Review Board approved Quorum Health’s sale of four southern Illinois hospitals to Deaconess Health System, Modern Healthcare reports.
Evansville, Indiana-based Deaconess, a nonprofit 12-hospital system with facilities in Indiana, Illinois and Kentucky, plans to acquire Crossroads Community Hospital in Mt. Vernon, Heartland Regional Medical Center in Marion, Union County Hospital in Anna and Red Bud Regional Hospital. Deaconess would pay $146 million for the four facilities, according to the review board’s staff reports. It would have six Illinois hospitals if the deal is completed by the end of the year, as expected. Read more.
