On November 12, the University of Chicago Medicine and Ingalls Health System signed a non-binding agreement to merge to create an integrated health delivery system. The merger will further extend UChicago Medicine’s reach into the Chicago suburbs, and help Ingalls cut costs.
Ingalls, an independent hospital in the South Chicago suburb of Harvey, IL, has been looking to become affiliated with a larger health system since March 2015. UChicago Medicine and Ingalls will be engaged in negotiations over the coming months, and they expect the transaction to be finalized by late spring or early summer 2016.
The merger would add Ingalls to UChicago Medicine’s network, which includes the Hyde Park campus and outpatient care facilities such as the planned Centers for Advanced Care in Orland Park and in the South Loop.
The University News Office could not comment on the negotiations.