Neighboring Hospitals Combine to Enhance Service to Community
On January 1, 2020, Illinois Valley Community Hospital (IVCH) in Peru, IL joined St. Margaret’s Health in Spring Valley, IL, a member of SMP Health System. The hospitals, which are located just 4 miles from each other, have both served communities in the Illinois River Valley for more than 100 years. This combination represents a multi-year process by IVCH to evaluate its future and strategic options. Juniper proudly represented IVCH on this transaction.
The partnership between IVCH and St. Margaret’s can serve as a model for other rural standalone hospitals seeking economies of scale while preserving local autonomy and clinical services.
IVCH and St. Margaret’s share a vision for efficiently delivering high-quality healthcare in the region. Together they intend to create a sustainable regional health network that will be able to meet the needs of their communities long into the future.
A key priority for the IVCH Board of Directors and executive team was to expand access to care locally and provide services to patients close to home.
“We knew that survival in the future would