Iroquois Memorial Hospital has agreed to be managed by Presence Health

December 17, 2013

Transaction Involving: Faith-Based Non-profit 501(c)3

Assigment: Member Substitution

Iroquois Memorial Hospital, along with its associated skilled nursing facility, has agreed to a management agreement with Presence Health. IMH will receive management, physician and information technology support under the arrangement. We advised Iroquois Memorial Hospital on this transaction.