The parent of Palos Hospital in southwest suburban Palos Heights has signed a letter of intent to join Northwestern Memorial HealthCare.
The deal, which was announced Friday in a statement released by Northwestern Memorial, still needs to be approved by their respective boards and hospital regulators.
Palos Health includes the 425-bed hospital in Palos Heights and a south campus in Orland Park that provides access to primary and specialty care, advanced diagnostic technology and a surgery center. The health system includes 3,000 employees and a 600-member medical staff.
“Palos Health has offered innovative approaches to community-based health care for nearly 50 years,” Palos Health CEO Terrence Moisan said in the statement. “The proposed affiliation with Northwestern Medicine will further enhance Palos Health’s already strong reputation for providing exceptional community-based care with Northwestern’s world-class academic health care expertise.”
Northwestern Memorial HealthCare is the corporate parent of the Northwestern Medicine health system, which has a medical staff of more than 4,000 that sees patients at more than 200 sites across Chicago. It operates 10 hospitals, including Northwestern Memorial Hospital in Chicago.
Palos Health had explored merging with Loyola Medicine in early 2019, but those talks ended without a deal.
