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Sherman Health Systems plans to be bought by Advocate

Chicago Tribune, October 24, 2012

Sherman Health Systems in Elgin, IL has signed a letter of intent to be acquired by Advocate Health Care for an undisclosed amount. While the letter is non-binding, it reflects the two organizations' "commitment to the partnership."  Sherman had considered expressions of interest from more than a dozen suitors. Advocate Health System says it is the largest health system in Illinois with 10 acute care hospitals and more than affiliated 6,000 physicians.