Illinois’ Edward Health Changing Name After Elmhurst Deal
Circle Connections: Mergers & Acquisitions Edward Health Services Corp. will change its name to Edward-Elmhurst Healthcare after merging with a nearby hospital, an interim step toward a broader rebranding. The combination of Naperville-based Edward and Elmhurst Memorial Healthcare would create a system with roughly $1 billion in annual revenue and three hospitals: 259-bed Elmhurst Memorial, 309-bed Edward Hospital in Naperville and 108-bed Linden Oaks, a behavioral health hospital also in Naperville. As part of the deal, Edward agreed to change its name to Edward-Elmhurst Healthcare, according to the affiliation agreement signed by Edward and . . .