Cadence Health and Northwestern Memorial HealthCare are a step closer to becoming one organization.
On Thursday, the health systems announced in a joint news release that their governing boards approved the definitive agreement to combine the two groups.
Mike Vivoda, president and CEO of Cadence Health, said in a written statement that the opportunity to partner with Northwestern will enhance the offerings of compassionate care in the western suburbs.
"We believe this combination will create an integrated approach to patient care, augment a culture of service excellence and enhance and grow our clinical services to continue to position this system as the health care provider of choice," Vivoda said.
Dean M. Harrison, president and CEO of Northwestern Memorial HealthCare, said there are many complementary attributes between the two organizations, including similar "patients first" values.
"Together, we are better positioned to provide care that is safer, more effective, and better coordinated that utilizes the latest breakthrough treatments and is accessible closer to where our patients live and work," Harrison said.
Pending regulatory approval, the combination would form an integrated academic health care delivery system spanning more than 60 sites across Chicago and its suburbs, the release states.
The combined health system will operate under the Northwestern Medicine brand name.
Harrison will remain CEO. Vivoda will serve as regional president and NMHC senior vice president.
Cadence Health was formed in 2011 following a merger of Delnor Hospital in Geneva and Central DuPage Hospital in Winfield.
Northwestern Memorial HealthCare is parent to Northwestern Memorial Hospital in Chicago, Northwestern Medicine Lake Forest Hospital in Lake Forest and Northwestern Medical Group.