Peoria, IL-based OSF HealthCare received approval from the Illinois Health Facilities and Services Review Board for a certificate of application to takeover shuttered St. Margaret’s Health in Spring Valley, IL.
St. Margaret’s Health closed in June, citing financial difficulties and a ransomware attack. In the future, the St. Margaret’s location will operate as a second campus of Ottawa, Ill.-based OSF HealthCare Saint Elizabeth Medical Center.
The facility will reopen with emergency care and other inpatient services following the completion of the sale of assets from St. Margaret’s to OSF and completing the regulatory approval process.
So far, OSF has hired more than 320 former employees of St. Margaret’s and more than 50 providers, Becker’s reports. Read more.
