Is this happening all over the US? As the article states it's getting to be lonely for the stand alone community hospitals....BD
With a flurry of Chicago-area hospitals discussing plans to merge or seek buyouts, two more in Lake County are looking for partners. One, Condell Medical Center, said Wednesday it had begun "exclusive" merger talks with Advocate Health Care, the Chicago area's largest medical-care provider.
The trend reflects a push by smaller hospitals to combine with larger medical-care providers to gain market share and clout with health insurance companies who pay for the hospital's services, help fund expansions or deal with the rising number of uninsured patients who can't pay their bills. It's also easier to merge than go through regulatory and financial hurdles related to building, analysts say.
Chicago hospital merger push driven by economics -- chicagotribune.com
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