July 1, 2019

Around the nation: NorthShore University HealthSystem to acquire Swedish Covenant Health

Daily Briefing

    The deal would be the health system's first large acquisition since it attempted to merge with Advocate Health Care two years ago, in today's bite-sized hospital and health industry news from Illinois, New Jersey, and Ohio.

    • Illinois: NorthShore University HealthSystem has announced plans to acquire Swedish Covenant Health in Chicago. The move would be the NorthShore's first large acquisition since it attempted to merge with Advocate Health Care two years ago, according to the Chicago Tribune. Swedish Covenant Health runs the 312-bed Swedish Covenant Hospital and includes a doctor's group. NorthShore did not disclose the financial terms of the deal but said it would give "a significant philanthropic contribution" to Swedish Covenant Hospital and would assume its pension responsibilities. The deal, which is subject to regulatory approval, is expected to close by the end of this year (Schencker, Chicago Tribune, 6/27).
    • New Jersey: The New Jersey Department of Health on Thursday published its first "New Jersey Report Card of Hospital Maternity Care," which includes information about childbirth care at the state's hospital, including the frequency of complications and the number of cesarean sections. The report card will help the state make childbirth care safer, especially for black women who have higher rates of complications and death from childbirth, according to North Jersey Record (Washburn, North Jersey Record, 6/27).
    • Ohio: Ohio lawmakers are reviewing proposed legislation that would prohibit employers from firing, demoting, or punishing an employee for refusing to receive a vaccination. While the bill protects employees' rights to refuse vaccines, it does not prevent employers from establishing mandatory vaccination policies, according to state Rep. Ron Hood (R) (Bean, Becker's Clinical Leadership & Infection, 6/27).

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