Sherman Health Systems plans to be bought by Advocate

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.