U. of C. Medicine finalizes merger with Ingalls, looking for more hospitals

University of Chicago Medicine has officially scooped up its first community hospital, finalizing a merger expected to expand the academic medical center’s reach and improve the outlook for a smaller south suburban health system.

U. of C. Medicine announced Tuesday that it has gained all the necessary regulatory and institutional approvals to finalize its merger with Ingalls Health System, which runs a community hospital in Harvey. No money was exchanged under the terms of the deal…Please click here to read Lisa Schencker’s story in the Tribune.