Illinois hospital, OSF HealthCare enter into merger negotiations

Peoria, Ill.-based OSF HealthCare and Dixon, Ill.-based Katherine Shaw Bethea Hospital have shared plans to merge after entering into exclusive negotiations. The two parties have signed a term sheet and plan to spend the next few months finalizing agreements and securing the required regulatory approvals, according to a May 10 news release.

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Provider Strategy reports on market developments and insights related to the healthcare provider workforce. Our publication is committed to improving the healthcare professional workforce, utilization of providers, and ultimately supporting thought leadership in workforce innovation.

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