State statute dictates that the board 'shall establish by regulation the procedures and requirements regarding issuance of exemptions. But there doesn't appear that there is a mechanism for what would happen if they don't approve it,' said Juan Morado Jr., partner at law firm Benesch. The statute requiring health systems to apply for a change of ownership states 'the board shall approve it. The ruling puts Advocate's merger timeline in question, as the next scheduled meeting of the regulatory board is Dec. But the motion to grant the change of ownership failed in a 3-2 vote today.īoard members said they were not given enough details about operational matters and the controlling interests of the new entity, the board said at the hearing today. Please know we continue to work with other appropriate regulators and remain confident our combination is still on track to close by the end of the year.'ĮARLIER: The Illinois Health Facilities & Services Review Board has denied the change of ownership request that would allow Advocate Aurora Health and Atrium Health to merge.Īdvocate Aurora and Atrium had sought to complete the change of ownership by Sept. 'Our application was deemed complete last month, thus, we were surprised by today’s delay and will work with the review board to address their questions. 'State statute requires the review board to approve all certificate of exemption applications that staff have deemed complete,' an emailed statement from Advocate Aurora Health said. He said they were looking to see if reconvening the board is 'absolutely necessary.' 13, Kniery said the board is looking at what options it has to get more information from Advocate and get an approval of the change-of-ownership exemptions. While the next scheduled board meeting is not until Dec. 'We wanted to give the applicant every opportunity, without having to refile, and pay a new fee and all the time that it would take,' Kniery said.

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