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AUGUST 2000

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Today's Quote: "Chicago has emerged as one of the most diverse communities in the nation -- indeed one of the most diverse in the world."
--from Chicago Tribune, 2002

Ravenswood Physicians Attract Offers from Four Area Hospitals

August 30, 2000, Chicago ---The Ravenswood Physician Associates (RPA) announce their plan to contract with one or more local hospitals. Four area hospitals have offered service contracts with the RPA.

Advocate Ravenswood Hospital Medical Center --- where RPA physicians have treated their patients for generations --- is undergoing substantial changes as a result of the merger with Illinois Masonic (announced August 22). The Ravenswood physicians who have worked in the community for many years are now seeking the best possible hospital partnerships in order to continue providing high-quality and complete healthcare services to area residents.

RPA CEO Dr. J. Wesley Cook praises area physicians for their commitment:

We have been tremendously successful in our negotiations because of the strong commitment our shareholder physicians have to their patients and to the RPA," said RPA CEO Dr. J. Wesley Cook. "I am confident that we will make a smooth transition. We want to translate our strengths to new relationships with at least two hospitals on Chicago's north side. Our future as an IPA has never been better. And our patients will continue to receive personalized care from their primary care physicians and trusted specialists. The patients should be re-assured that their doctors can withstand these sweeping changes in the market when they stay together like they have in this situation.

The hospitals originally responded to a Request for Proposals from the RPA by submitting a proposal and a Partner Profile that outlined important services. In a special forum for RPA shareholders held last Wednesday, August 23, representatives from each of the following hospitals introduced their institutions and answered questions:

  • Illinois Masonic Medical Center
  • Louis A. Weiss Memorial Hospital
  • Resurrection healthcare (including St. Francis Hospital)
  • Catholic Health Partners-Northside (St. Joseph Hospital)

The RPA physicians will select their new hospital partners at their Annual Shareholders Meeting, September 20, 2000.

The Ravenswood Physician Associates is an independent practice association comprised of 43 primary care physicians and 110 specialists. One of the best performers in the Advocate network, the corporation handles 10,000 covered lives. Founded in 1993, the RPA is based in Chicago, IL, and grew out of need for physicians to manage their practice in order to guarantee the best possible patient care.


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