After more than 10 months of negotiations, Ingalls Memorial Hospital has become part of the UChicago Medicine brand with its merger with the University of Chicago Medicine.
The hospital, based in Harvey, has five outpatient centers, including its Family Care Center in Flossmoor.
The merger was announced Tuesday, Oct. 4.
“This partnership underscores our shared values in quality, innovation, superior outcomes and commitment to the communities we serve,” said Kurt E. Johnson, Ingalls Hospital’s president and chief executive.
“It will enable Ingalls to continue to reinvest in our existing clinical facilities, expand our outpatient services and bring innovative new technologies to patients at a much faster pace,” while improving access across the spectrum of care, he noted.
“In the near future, our patients will be able to tap a wider array of services from a larger pool of physicians in various locations,” Johnson added.
Ingalls, founded 93 years ago, will retain its name, operating licensure and its local board of directors. Ingalls also will have representation on the UChicago Medical Center board.
No money was exchanged under terms of the merger. The transaction joins assets to create a hospital system that is stronger combined than each institution is individually, Johnson said.
The merger comes after months of exclusive negotiations, regulatory approvals and other due diligence.
Ingalls patients now have access to UChicago Medicine’s main medical campus in Chicago’s Hyde Park neighborhood, its planned ambulatory facilities in Orland Park and the South Loop, and an expansive network of physicians.