Municipal Bond Credit Report: Trinity Health’s Loyola Medicine poised to absorb another hospital

Municipal Bond Credit Report: CHICAGO — Palos Health in suburban Chicago and Loyola Medicine have signed a letter of intent that could lead to the independent hospital joining Loyola, which is owned by not-for-profit behemoth Trinity Health. The non-binding letter of intent to explore merging Palos with Loyola follows their 2015 academic affiliation that allowed Palos to expand clinical services…. Link to Story