Wednesday, April 10, 2013
The ongoing merger of the Elmhurst and Naperville hospitals creates a question of name-branding.
The announced merger between Edward Health Services and Elmhurst Memorial Healthcare will result in Edward changing its name to Edward-Elmhurst Healthcare before July 1 to oversee the new three-hospital system, Crain's Chicago Business reports. However, according to the paper, the hospitals (Edward Hospital in Naperville and Elmhurst Memorial in Elmhurst, as well as behavioral health facility Linden Oaks in Naperville) have suggested that they will likely operate under an entirely new name once the merger is finished. Steve Gaither, president of marketing agency JB Chicago, which has worked with health-care clients, suggested to Crain's that if Edwards merges again and another hospital name gets added, "now all of a sudden it becomes a law…
Wednesday, April 3, 2013
The merger is on track to be completed this summer, according to information released Wednesday.
Wednesday, April 3
Elmhurst Memorial Healthcare and Edward Hospital and Health Services, based in Naperville, have signed a definitive agreement, which is a major step toward a merger, according to a statement from the two hospitals released today, Wednesday, April 3. Get news in your inbox. Sign up for the Patch newsletter. Like Naperville Patch on Facebook. The agreement keeps the merger on track to be completed this summer. It includes the terms and conditions of the new system and commits Edward and EMHC to becoming an integrated health system pending review by regulators during the next few months. The merger already has cleared a standard federal antitrust review by the Federal Trade Commission and the Antitrust Division of the Department of Justice. …
Tuesday, January 22, 2013
Pending state and federal regulatory review, deal could be finalized mid-year.
Tuesday, January 22
By Karen Chadra Elmhurst Memorial Healthcare and Edward Hospital and Health Services on Tuesday announced plans to merge, creating one of the larger integrated health systems in the state. Get news in your inbox. Sign up for the Patch newsletter. Like Naperville Patch on Facebook. According to a press release, the proposed merger would create a three-hospital health system—Edward, Elmhurst Memorial and Linden Oaks at Edward—with revenues of more than $1 billion and more than 50 locations across a service area of 1.7 million residents. The system would employ nearly 7,600 and have more than 1,680 physicians on staff. Last week, the parent boards of each entity agreed to enter into a letter of intent to merge. Before the merger can be …