St. Margaret's Health

Saint Margaret's Health is asking a federal bankruptcy court for permission to sell two of its former clinics to the Carle Foundation in Urbana.

Saint Margaret's Health is asking a federal bankruptcy judge to allow the sale of its closed hospital in Peru to move forward.

The now-closed Saint Margaret's hospitals in Peru and Spring Valley are filing for Chapter 11 bankruptcy.

The Illinois Health Facilities and Services Review Board approved the change of ownership for the Peru hospital last month. Dr. August Querciagrossia said there are still some regulatory steps remaining, but the biggest challenge remains the asset acquisition.

The hospital closed abruptly in January amid the previous owner's financial and staffing challenges.

OSF HealthCare's purchase of the closed St. Margaret's hospital in Peru could get regulatory approval this August.

St. Margaret's Health is shuttering its 120-year-old Spring Valley hospital Friday, just months after the abrupt closure of its hospital in nearby Peru.

Officials at the troubled Saint Margaret's Health in the Illinois Valley are now warning their Spring Valley hospital is in jeopardy of imminent closure.

Peoria-based OSF HealthCare will seek to buy the troubled St. Margaret's Hospital in Peru.

St. Margaret's Hospital in Peru closed on Jan. 28 with only several days' advanced notice to patients and staff. For many, that notice came through social media posts.