For instance, Advocate Aurora Health, jointly headquartered in Downers Grove, Illinois, and Milwaukee, and Atrium Health of Charlotte, North Carolina completed a merger last month to create Advocate Health, a $27 billion health system with 67 hospitals in six states.
Some regional systems pursuing mergers have renegotiated their deals seeking more favorable terms, said Jordan Shields, a partner at Juniper Advisory, an M&A advisory firm…