After a lengthy negotiating period, St. Margaret’s Health and Illinois Valley Community Hospital have made a decision to join forces, creating a regional network.

Leaders from the two hospitals have signed a binding “Definitive Agreement” to consolidate their operations.  The new set up will be governed by SMP Health System through a new regional parent company. 

IVCH will become St. Margaret’s Health-Peru.  St. Margaret’s Hospital will be known as St. Margaret’s Health-Spring Valley.  The hospitals hope to finalize their affiliation by the end of the year.  It could take two years for the full integration of the two companies. 

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