Alexian Brothers Health System, a Catholic healthcare organization, operates hospitals, immediate care clinics, primary care locations, occupational health locations, and other healthcare locations in Illinois. It offers various services, including behavioral health, diagnostic imaging, gamma knife, hospice, immediate care, laboratory, maternity, pediatrics, primary care, rehabilitation, sleep health center, stroke, vein treatment, weight loss solutions, and women's services, as well as cancer, heart and vascular, and neurosciences institutes. The company also provides mammograms, CT scans, nutrition/diabetes, MRIs, ultrasounds, nuclear medicines, and more for out-patients. In addition, it p...
800 Biesterfield Road
Elk Grove Village, IL 60007
Founded in 1866
Alexian Brothers Health System Plans Partnership with Adventist Midwest Health; Announces Executive Appointments for Joint Venture Operating Company
Jun 18 14
Alexian Brothers Health System announced it is planning to form a joint venture operating company with Adventist Midwest Health, creating Illinois' second-largest hospital system. Through a letter of intent, the systems have agreed to form an entity to oversee five Alexian-owned hospitals and four Adventist-owned hospitals in the Chicago area. The Chicago-area systems will maintain separate assets and balance sheets, but would create an operating arm to manage strategy, planning, contracts and other corporate administrative tasks, according to the Tribune. The proposed joint operating company comes as federal health law fuels hospital consolidation in the Chicago area.
Alexian President and CEO Mark Frey would be the new company's CEO and its executive vice president would be David Crane, president and CEO of Adventist Midwest.
Alexian Brothers Health System Reports Earnings Results for the Period Ended June 30, 2013
Oct 10 13
Alexian Brothers Health System reported earnings results for the period ended June 30, 2013. For the period, the company reported operating income of $41.5 million for its first fiscal year operating under Ascension, which ended June 30, 2013. Revenue also increased to $993.6 million in fiscal 2013.