Trinity Health to buy Chicago's Loyola Health System | Detroit Free Press | freep.com
Trinity Health to buy Chicago's Loyola Health System Detroit Free Press freep.com
The Novi-based Trinity Health System, one of the nation’s largest Catholic health care systems, is buying the Loyola University Health System of Chicago and consolidating research with the affiliated Loyola University Chicago, it was announced today.
This is the first foray into Illinois by Trinity Health. While the purchase has no direct impact on Trinity’s Michigan operations, it will help provide future stability for Loyola’s medical and nursing schools, said Steve Shivinsky, vice president for corporate communications at Trinity, which owns 15 Michigan hospitals, 9 nursing homes, four hospices, 19 senior living communities and 40 subsidized health clinics in Michigan. It employs 27,500 people at its Michigan operations.
The three systems announced today they had signed a letter of intent to consolidate operations. Shivinsky said they hope to complete the deal by June 30.
The Novi-based Trinity Health System, one of the nation’s largest Catholic health care systems, is buying the Loyola University Health System of Chicago and consolidating research with the affiliated Loyola University Chicago, it was announced today.
This is the first foray into Illinois by Trinity Health. While the purchase has no direct impact on Trinity’s Michigan operations, it will help provide future stability for Loyola’s medical and nursing schools, said Steve Shivinsky, vice president for corporate communications at Trinity, which owns 15 Michigan hospitals, 9 nursing homes, four hospices, 19 senior living communities and 40 subsidized health clinics in Michigan. It employs 27,500 people at its Michigan operations.
The three systems announced today they had signed a letter of intent to consolidate operations. Shivinsky said they hope to complete the deal by June 30.
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