Centegra buys Woman to Woman practice in Crystal Lake for undisclosed amount

CRYSTAL LAKE – Centegra Health System bought Woman to Woman, a Crystal Lake-based all woman OB-GYN practice, almost doubling its Centegra Physician Care services in those areas and providing a new pipeline for deliveries at its hospital in McHenry.

Woman to Woman, 260 Congress Parkway, Suite A, will be folded into Centegra Physician Care. Woman to Woman’s four physicians and two nurse practitioners join Centegra Physician Care-Obstetrics & Gynecology’s five physicians, certified nurse midwife and certified nurse practitioner, according to a news release from Centegra.

A spokeswoman for Centegra declined to disclose the cost of acquiring Woman to Woman.

“We brought them on board as part of our long-standing commitment to the community,” Centegra spokeswoman Michelle Green said in an email. “These providers will help us serve our patients, many who are our own associates.”

Woman to Woman is composed of Dr. Michele S. Perlis, Dr. Kathleen A. Salus, Dr. Heather L. Beall, Dr. Neelam R. Gandhi, women’s health care nurse practitioner Rachel Kinnas and family nurse practitioner Lindsay Loehner.

Dr. Perlis did not return a phone call Friday seeking comment on the deal.

Woman to Woman previously delivered babies at Advocate Good Shepherd Hospital in Barrington. After being acquired Oct. 1, it will deliver babies at Centegra Hospital – McHenry.

“The team at Woman to Woman keeps patients at the center of every decision, which made them a great fit for Centegra’s culture,” Dr. Pasquale Bernardi, president of Centegra Physician Care, said in a statement.

The practice will be known as Centegra Physician Care-Obstetrics & Gynecology and will continue to see patients at its office in Crystal Lake.

Residents can continue to call 815-477-0300 to schedule appointments.

Centegra's latest acquisition comes on the heels of a $62.3 million loss. Centegra Health System ended its fiscal year June 30 with $62.3 million in operating losses, according to unaudited financial statements.

The health system announced in September that it would shed 361 jobs through layoffs and outsourcing.