NorthShore Acquires 15-Physician Practice in Illinois

NorthShore University Health System, based in Evanston, Ill., has edged out  its local competitor and acquired a 15-physician practice, according to a Crain's Chicago Business report.

The system acquired Highland Park, Ill.-based Ravinia Associates in Internal Medicine. Evanston-based Northwestern Memorial HealthCare had also expressed interest in buying the physician group, but a deal was never reached, according to the report.

The president of Ravinia said a deal with NorthShore was reached only after another health system approached Ravinia. He declined to name the system, but said the multiple proposals prompted physicians to consider a deal that would relieve them from operational and administrative costs. The physicians felt NorthShore management could do a better job than the practice alone, according to the report.

Related Articles on NorthShore University Health System:

Northwestern Orthopaedic Institute Joins NorthShore University HealthSystem in Illinois
Two Renowned Physicians Join Illinois' NorthShore University HealthSystem
NorthShore's Dr. Paul Pearson: Sears Roebuck Approach to Hospital Medicine is Outdated


Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars