The California-based health care network embroiled in controversy for its decision to close Westlake Hospital in Melrose Park has announced plans to sell its two remaining Chicago-area hospitals, the Chicago Sun-Times reports.
Pipeline Health said it has executed a letter of intent to sell West Suburban Medical Center in Oak Park and Weiss Memorial Hospital in Uptown to a Michigan-based company called Resilience Healthcare for $92 million.
A change of ownership application still must be approved by the Illinois Health Facilities and Services Review Board before any deal can be finalized.
Pipeline owned the hospitals for just three years. Read more.
