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Alexian, Adventist hospital systems pursuing partnership

The Chicago Tribune, June 18, 2014
Alexian Brothers Health System and Adventist Midwest Health on Tuesday said they are pursuing an affiliation that would create the second-largest hospital system in the state. The systems have signed a letter of intent to form a joint operating company that would oversee nine Chicagoland hospitals, five owned by Alexian and four by Adventist. The tie-up stops short of an outright merger; both local systems will maintain separate assets and balance sheets, in part because each is owned by national hospital chains with different religious affiliations.