GREEN BAY, WI (WTAQ-WLUK) — A health care system with locations in Northeast Wisconsin is merging with a company located in the southeastern U.S.
Advocate Aurora Health on Wednesday announced plans to merge with Atrium Health, based in Charlotte, North Carolina. The new company will be called Advocate Health and be headquartered in Charlotte.
Advocate Aurora has hospitals in Green Bay, Oshkosh, Sheboygan, Two Rivers and Marinette.
“This strategic combination will enable us to deepen our commitments to health equity, create more jobs and opportunities for our teammates and communities, launch new game-changing innovations and so much more,” Atrium president/CEO Eugene Woods said in a news release. “Together, we will manifest a new future that significantly elevates the care we provide to every hand we hold and every life we touch.”
“This combination harnesses our complementary strengths and expertise of our doctors, nurses and teammates to lead health care’s transformation for those we are so proud to serve,” Advocate Aurora president/CEO Jim Skogsbergh said in a news release.
Advocate Health will have 67 hospitals and more than 1,000 care sites in Illinois, Wisconsin, North Carolina, South Carolina, Georgia and Alabama. It will serve 5.5 million patients, employ nearly 150,000 people, including 7,600 doctors, and have combined revenues of more than $27 billion.
Woods and Skogsbergh will serve as co-CEOs for 18 months, after which Skogsbergh will retire and Woods will remain as sole CEO.
A board of directors made up of an equal number of members from each organization will govern the new company. Edward J. Brown III of Atrium will chair the combined board until the end of 2023, and Advocate Aurora’s Michele Richardson will serve a two-year term as chair after that.
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