The two midwestern health systems have officially merged to form an $11 billion organization. What's next?
After receiving approvals from state regulators in Illinois and Wisconsin, as well as the Federal Trade Commission, the newly formed Advocate Aurora Health now encompasses $11 billion in combined total revenues while employing over 70,000 people at more than 500 facilities.
In the wake of the deal closing, analysts and industry watchers are discussing what impact the move will have on its immediate service area and its competitors.
Matthew Fisher, JD, a partner at Mirick, O'Connell, DeMallie & Lougee, LLP, told HealthLeaders Media the merger between two regional nonprofit systems in separate markets is an interesting dynamic that is going to be examined in the months and years ahead.
"Arguably, finalizing a deal is actually the easy part," Fisher said. "The integration of two wholly developed systems is going to be the challenge that won't, and shouldn't be expected to, happen overnight. It'll probably be a multiyear process."
Jack O'Brien is an associate editor at HealthLeaders.