Sale of South Side Chicago hospital to nonprofit finalized
April 3, 2021
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CHICAGO (AP) Chicago s oldest hospital has finalized the facility s sale to a nonprofit.
Mercy Hospital and Medical Center and Insight Chicago announced the agreement Saturday in a joint statement. The Chicago Sun-Times reports that the agreement requires Insight to continue operating Mercy as a “full-service community acute-care facility.
Insight Chicago previously received approval from the the Illinois Health Facilities and Services Review Board to purchase Mercy from its owner, Trinity Health.
Insight Chicago, which is affiliated with a Michigan health system, filed documents prior to that decision indicating that the hospital’s name will change because it will no longer operate as a Catholic facility.