Vista Medical Center East in Waukegan, along with its affiliated physician clinics and outpatient facilities, are in the process of being sold to a two-year-old health care company that specializes in operating community hospitals. Vista is under contract to be sold by Tennessee-based parent company Quorum Health Corp. to Los Angeles-area headquartered American Healthcare Systems by May 31 pending regulatory approval from the Illinois Health Facilities & Service Review Board, The Chicago Tribune reports.
Officials at both Quorum and American Healthcare declined to give any financial details of the transaction. Read more.