Discussions continue with OSF HealthCare

7/21/2020 - Princeton, Illinois

Despite the business disruption and shifting needs for COVID-19 preparation, the Perry Memorial Hospital Board members, along with City of Princeton representatives and OSF HealthCare officials have been conducting ongoing due diligence discussions. 

The teams are working through the diligence process with information sharing and coordination to ensure all areas of inquiry are covered.  Under consideration are industry trends and regulatory changes.  The Perry Board members and the City of Princeton are being practical and thoughtful as they evaluate the facts presented and consider the long-term benefits of an OSF HealthCare affiliation.

The Perry Board and the City of Princeton team members view the OSF HealthCare affiliation as an opportunity to modernize and transform local health care delivery for the next generation.  The due diligence process may take up to nine months.  Updates will be provided as they become available. 



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About Perry Memorial Hospital:

Perry Memorial Hospital is a municipally owned, 25-bed critical access facility. With a workforce of more than 370 people, Perry Memorial is one of Bureau County’s largest employers. June 17, 2020 marked the hospital’s centennial celebration, representing 100 years of providing health care services.

About OSF HealthCare:

OSF HealthCare is an integrated health system owned and operated by The Sisters of the Third Order of St. Francis, headquartered in Peoria, Illinois. OSF HealthCare employs more than 23,600 Mission Partners (employees) in 147 locations, including 14 hospitals – 10 acute care, four critical access – and two colleges of nursing. Its physician network employs more than 1,500 primary care, specialist physicians, and advanced practice providers.