Quantcast
breaking news

OSF and Rockford Health Systems End Merger Plans

By: Bob Larson
Updated: April 12, 2012
Faced with an unfavorable court ruling, OSF Healthcare System and Rockford Health System decided Thursday to end their plans to try to merge. A federal court judge in Rockford recently issued a preliminary injunction barring the merger temporarily. Citing that ruling, the two health organizations Thursday said they reassessed their positions and notified the FTC, which had challenged the merger of their change of heart. In a news release, the health care groups say fighting the FTC in this matter would have been time consuming and costly. Despite their decision, both organizations say they remain confident their merger is consistent with the mandate presented by health care reform.

Comments

Readers Feel...

hello
 
Daily Deal
 
news-power-online2008-01-10-1200002414.jpg
For copies of news stories you saw on WMBD, WYZZ, or Nationwide, contact Corporate Video’s NewsPowerOnline.com .  DVD, CD, VHS, and digital transfer to your desktop are available.
 
Meet The Team
Take a moment to meet WMBD 31's team.  Click here to learn more about the people who are "Taking Action for You!"
 

 
©1998 - 2013 Centralillinoisproud.com
Nexstar Broadcasting, Inc.
All Rights Reserved