Business & Tech

Centegra Argues Against Advocate and Sherman Merger

Centegra officials give testimony Monday at hearing.

 

The Illinois Health Facility and Services Review board heard Centegra Health System’s opposition to a merger between Advocate Health Care and Sherman Hospital, the Northwest Herald report.

Review board members held a hearing on the merger Monday in Elgin. The merger would have Advocate investing $200 million into Sherman, including $60 million for capital replacements, the newspaper reported.

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Centegra has called the merger “financially irresponsible.”

Centegra is building a hospital in Huntley and faced opposition from both Sherman and Advocate during its hearings before the review board, which must grant hospitals permission for any new construction, expansion or mergers.

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The merger is listed on the review board’s May 14 agenda.

 

 

 


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