Katherine Davis

The possibility of Walgreens Boots Alliance being sold to a New York private-equity firm may present the struggling pharmacy chain with the privacy

If a New York private-equity firm acquires Walgreens Boots Alliance, it would likely sell off parts of the struggling pharmacy chain to eliminate money-losing or precarious assets as it seeks healthy returns.

AbbVie is continuing its deal-making spree with a $200 million acquisition of a biotech firm that spun out of pharmaceutical giant Roche.

Illinois state health officials are slated to approve or reject a deal tomorrow in which Ascension Illinois would sell 11 hospitals and care sites to Prime Healthcare for $375 million.

Illinois state health officials are slated to approve or reject a deal tomorrow in which Ascension Illinois would sell 11 hospitals and care sites to Prime Healthcare for $375 million.

Advocate Health Care is investing $1 billion over the next 10 years in a brand-new hospital, 10 small care locations, hundreds of health care workers

Illinois state health officials approved Prime Healthcare's deal to buy 11 hospitals and care sites from Catholic health system Ascension Illinois, marking one of the largest local hospital deals of the year.

Advocate Health Care is investing $1 billion over the next 10 years in a brand-new hospital, 10 small care locations, hundreds of healthcare workers

Endeavor Health is planning to spend $101.8 million to modernize and expand its hospital in Elmhurst in a project that includes adding more operating rooms and patient beds.

Loyola Medicine is seeking to close a 12-bed mental illness unit at its Gottlieb Memorial Hospital in Melrose Park due to low patient demand.