Aurora

Advocate plans to merge with Wisconsin hospital giant Aurora

Advocate plans to merge with Wisconsin hospital giant Aurora

Advocate Health Care is ready to give a merger another try — this time with Wisconsin giant Aurora Health Care, in a proposed deal that would create the 10th largest not-for-profit hospital system in the country.

Under terms of the planned “50-50 merger” announced Monday, neither system would pay the other cash, and the deal could close by the middle of 2018, pending regulatory approval. A combined health system, to be called Advocate Aurora Health, would have 27 hospitals and nearly $11 billion in annual revenue.

No job cuts are expected as a result of the merger, according to Advocate President and CEO Jim Skogsbergh and Aurora President and CEO Nick Turkal, who would serve...

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