Jan 6, 2022 - Health

NorthShore, Edward-Elmhurst hospitals around Chicago merge

A NorthShore sign outside of its Skokie, Illinois, hospital.
NorthShore is consolidating the hospital market in affluent Chicago suburbs. Photo: Kamil Krzaczynski/AFP via Getty Images

NorthShore University HealthSystem and Edward-Elmhurst Health have merged into a nine-hospital system that will have roughly $5 billion in annual revenue and a dominant presence in Chicago's affluent north and west suburbs.

The big picture: The pandemic has slowed down hospital merger activity, according to health care financial advisory firm Ponder & Co., but it didn't completely stop all deals — especially large mega-mergers like this NorthShore-Edward deal that pursue regional consolidation.

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