Illinois regulators last week approved nonprofit Chicago-based Resurrection Health Care’s sale of two suburban Chicago hospitals to Tennessee-based for-profit Vanguard Health Systems.
The Illinois Health Facilities and Services Review Board’s action allows the two systems to proceed with the $40 million deal. The transaction would put West Suburban Medical Center in Oak Park and Westlake Hospital in Melrose Park in the hands of a for-profit operator.
Vanguard will upgrade the facilities.
CDIAC's revamped website, which launches May 1, will offer accessibility to state and local debt from issuance through maturity; and the ability to create summary reports based on search features.
The Governmental Accounting Standards Board is looking for feedback on disclosure requirements related to infrastructure projects.
The MSRB is warning investors that the redemption of Build America Bonds under an extraordinary redemption provision could result in losses, especially for those purchased at a premium.
With billions of federal funding available from the Infrastructure Investment and Jobs Act, one observer says it could be limiting the amount of municipal bonds issued by the sector.
Teague, most recently an executive director of the municipal securities department at Morgan Stanley, will focus on surface transportation.
Steven Mahr moved to Chicago two years ago, and in March, he moved from Stifel to the city's finance department, where he's now happily tackling tough problems.
