Intelligence Unit Special Reports Special Events Subscribe Sponsored Departments Follow Us

Twitter Facebook LinkedIn RSS

Advocate Health Care agrees to buy hospital in Libertyville, IL

Chicago Tribune, May 21, 2008

Advocate Health Care, the Chicago area's largest provider of medical care, is proposing a $180 million acquisition of Condell Medical Center in Libertyville. As part of the deal, Advocate would expand Condell's emergency department, elevate trauma service, and pay for the completion of a 68-bed tower that would have all private rooms and be within Condell's 283-bed license. The move is the latest in a flurry of activity by Chicago-area hospitals to expand through acquisitions and building projects in the fast-growing suburbs. The Advocate deal could close within five months, pending regulatory approval.