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OSF HealthCare and Perry Memorial Agree to Consider Partnership Options

July 23, 2019

The Perry Memorial Hospital Board has voted to recommend to the City of Princeton that it begin a process to consider a variety of partnership options with OSF HealthCare. Perry Memorial Hospital and OSF HealthCare have had a relationship for nearly 50 years, with Perry Memorial formally being an independent affiliate of OSF HealthCare since 2007.

“We have a longstanding relationship with Perry Memorial Hospital, marked by a deep mutual respect and a desire to keep quality health care services available and close to home for those we serve,” said Bob Sehring, CEO, OSF HealthCare. “Our work in innovation has helped provide access to medical expertise and subspecialties for residents of rural communities who would have otherwise had to travel long distances to obtain the care they need.”

“As we think about the future of health and wellness in the communities we serve, we know that a partnership with a comprehensive and integrated delivery system is in the best interest of our patients,” said Annette Schnabel, DPT, MBA, FACHE, President and CEO of Perry Memorial Hospital. “We don’t yet know what form that may take, but we look forward to further discussion with the City of Princeton and OSF HealthCare to explore the ways in which we may work together.”

The City of Princeton is slated to consider the proposal and vote on August 5. Additional information will be released following the vote.

 

About Perry Memorial Hospital:

Perry Memorial Hospital is a municipally-owned hospital located in Bureau County that dates back to 1903. The 25-bed critical access facility is one of Bureau County’s largest employers with a workforce of over 370 people.

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 nearly 21,000 Mission Partners (employees) in 126 locations, including 13 hospitals – nine acute care, four critical access – and two colleges of nursing. Its physician network employs more than 1,200 primary care, specialist physicians, and advanced practice providers.