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PEORIA (25News Now) – Spring Valley in Bureau County is about to become the next small community to lose its hospital.

St. Margaret Health’s Board of Directors decided to close its Spring Valley facility next Friday, June 16 at 11:59 p.m., according to a memo sent to hospital employees and obtained by 25News on Friday.

The memo said St. Margaret’s “no longer has sufficient resources to continue operations.”

“This is not the outcome any of us wanted and it is due to many circumstances beyond our control,” said Tim Muntz, St. Margaret’s president and CEO.

St. Margaret Health’s hospital in Peru closed Jan. 28.

Last month, Peoria-based OSF HealthCare said it filed an intent to purchase health facilities within St. Margaret’s network, but it’s not known what St. Margaret facilities would operate under OSF management.

“While I write this with great sadness and regret, I want to thank all of you and our community for supporting the Mission of the Sisters of Mary of the Presentation for the last 120-years,” Muntz said in the memo.

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