Local Hospitals to Pursue Historic Affiliation

03/04/2019
SMH and IVCH announce consolidation

St. Margaret’s and IVCH propose formation of Regional Health Network

SPRING VALLEY, Illinois (March 4, 2019) –

St. Margaret’s Health in Spring Valley, a member of SMP Health System, and Illinois Valley Community Hospital (IVCH) in Peru have signed a non-binding Letter of Intent (LOI) to consolidate their healthcare operations and form a regional health network.

Over the coming months, the hospitals will perform appropriate due diligence and define details of the proposed affiliation that will strengthen healthcare services across the region.

“St. Margaret’s and IVCH have proudly served this region for more than 100 years. The delivery of care has changed dramatically over that time and we believe we can provide our patients even better care close to home by coming together,” said Tim Muntz, St. Margaret’s President/CEO.

Aaron Alton, President/CEO of SMP Health System, commented that, “Since the first Sisters of Mary of the Presentation arrived in 1903, St. Margaret’s has been proudly serving the area with quality care in the Catholic tradition. We are excited about this opportunity to provide compassionate care to the communities and surrounding areas served by St. Margaret’s and IVCH, in the same spirit of the SMP Sisters.”

St. Margaret’s and IVCH already collaborate on other joint initiatives, such as Valley Regional Health Services and Valley Regional Cancer Center. These collaborations have supported a shared vision for efficiently delivering high quality health care in the region.

“By IVCH joining St. Margaret’s and becoming part of the SMP Health System, the combined network will be able to deliver high quality, efficient and coordinated care locally beyond what we were able to do separately”, said Tommy Hobbs, IVCH CEO.

Jim Loveland, Chair of the IVCH Board of Directors, noted, “We took to heart our communities’ long-time call for IVCH and St. Margaret’s to work together more closely.”

Joyce McCullough, Chair of the St. Margaret’s Board of Directors, reinforced this sentiment by saying, “With a shared commitment to this region, we will collaborate to deliver to patients across the Illinois Valley the outstanding care they need and deserve.”

Following receipt of approval from Church and regulatory authorities, the goal of the two organizations is to sign a binding Definitive Agreement in the months ahead.

Have some questions about the consolidation?

See our Frequently Asked Questions.

Latest News

Medical Records Notice

Dear Patient: SMH and its affiliates will close on June 16, 2023.  We are required to maintain the records and

SMH Current News

CNN NBC CBS Channel 2 Chicago Rockford TV News Nation Breitbart Quad Cities

SMH Peru And Spring Valley Will Be Closing All Current Operations As Of Friday, June 16, 2023 At 11:59 P.M.

This includes the Hospital, Clinics and other facilities at both locations.

All portals will be inaccessible after this time.

Patients needing emergency care should call 911.

To obtain a copy of your Medical Records please visit our Medical Records Request webpage and download and submit a request in writing.

Skip to content