Both systems have signed a letter of intent for the merger, but the approval process could take until 2024, according to the report.
If the proposal is approved, the combined health system will be in control of 130 ASCs in eight different counties.
It will have a projected annual revenue of $2.2 billion and will operate two hospitals, six urgent care centers, and employ 900 physicians.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
