Catholic-Dignity Merger To Forge Nonprofit Health Giant

Catholic-Dignity Merger To Forge Nonprofit Health Giant

Catholic Health Initiatives, the parent organization of CHI Health, announced Thursday that it plans to merge with another Catholic health system.

The merger between Englewood, Colorado-based CHI and San Francisco-based Dignity Health will result in a new health system that includes 139 hospitals and 700 care sites and employs about 159,000 people and more than 25,000 doctors and clinicians.

The combined company's headquarters will be in Chicago and operate under a new name, which will be chosen in the second half of next year, when the deal is expected to close, the companies said.

The organizations are geographically complementary with no overlap across hospital service areas, a factor that may help the deal overcome any antitrust concerns.

"It's our pleasure to share with you that Catholic Health initiatives and Dignity Health have signed a definitive agreement to combine our ministries and build a new Catholic health system", CHI CEO Kevin Lofton said in a video posted to Facebook. Lofton will oversee mission, advocacy, sponsorship and governance, system partnerships and IT. Dean will have authority for all of operations, including clinical, financial and human resources.

Bayonetta 1 + 2 are heading to Nintendo Switch
Along with the announcement of Bayonetta ports for Nintendo Switch, he announced something more, something huge. After being a little cheeky with host Geoff Keighley, he brought us a new trailer, and you can find it below.

Advancement of digital technologies like stroke robots and Google Glass.

Lloyd Dean, president and chief executive officer of Dignity Health, said the merger offers an "incredible opportunity" to respond to the "evolving health care environment" while delivering high-quality and cost-effective care. Dignity Health has medical facilities in California, Nevada and Arizona.

Merger mania in the healthcare space continues to stay active in December, a trend that's dominated the entire year.

Dignity Health and CHI are no strangers to each other and have partnered on other initiatives.

Related news:

Hot News

isis-killer-beheading-video-story-top Our position on Palestine not determined by third country
Dec 08, 2017 - 08:19
New Delhi has traditionally supported the Palestinian cause even as it opened diplomatic ties with Israel in 1992. This is despite the fact that India now enjoys close strategic ties with both the United States and Israel.

Regal Entertainment Group (NYSE:RGC) Shares Bought by BNP Paribas Arbitrage SA
Dec 08, 2017 - 08:17
The stock of Regal Entertainment Group (NYSE: RGC ) has "Market Perform" rating given on Tuesday, February 23 by JBL Advisors. Its down 0.12, from 1.08 in 2017Q1. 126.40 million shares or 7.66% more from 117.40 million shares in 2017Q1 were reported.

isis-killer-beheading-video-story-top Geoffrey Rush sues newspaper over 'spurious' claims
Dec 08, 2017 - 08:10
Rush won the Academy Award for Best Actor for the 1996 film Shine , in which he played celebrated concert pianist David Helfgott. Rush will seek damages from the media giant but will not pursue legal action against the Sydney Theatre Company.

isis-killer-beheading-video-story-top Liberia court says presidential runoff vote can go ahead
Dec 08, 2017 - 07:52
Liberty Party's representative Charles Brumskine, who came third in the first round, had challenged the result. President Ellen Johnson Sirleaf is due to step down on January 18 after completing two five-year mandates.

isis-killer-beheading-video-story-top Ingram's game-winner lifts Lakers past Sixers
Dec 08, 2017 - 07:22
And Julius Randle was terrific down the stretch with 16 points, giving Embiid and the Sixers fits off pick and rolls. Julius Randle led the way for the Lakers in the last quarter, with 10 of his 16 points in the final stanza.

isis-killer-beheading-video-story-top Erdogan, Putin exchange views on US Jerusalem decision
Dec 08, 2017 - 07:18
He also said that it could prompt the Turkish government to cut diplomatic ties with Israel. Trump signed that waiver on Wednesday.

isis-killer-beheading-video-story-top Rajnath talks Darjeeling, border safety with Didi
Dec 08, 2017 - 07:03
In order to plug cross-border terrorism, migration and cattle smuggling, he insisted on a technology-based surveillance system. He said the India-Bangladesh border would be brought under a "Border Protection Grid" for foolproof security.

isis-killer-beheading-video-story-top Govt dismisses misgivings about proposed bail-in facility for banks
Dec 08, 2017 - 07:01
Meanwhile an online petition against the bail-in provision in the FRDI bill has got thousands of signatures. Govt. of India has introduced a bill which may take away the power of the depositor over their money.

isis-killer-beheading-video-story-top Liverpool win means five English teams reach last 16 of Champions League
Dec 08, 2017 - 06:59
The first legs will be played on 13, 14, 20 and 21 February, and the second legs will be played on 6, 7, 13 and 14 March 2018. English teams will not be able to be meet in Monday's draw, under UEFA regulations.

isis-killer-beheading-video-story-top GOP lawmakers want probe of FBI over Clinton investigation
Dec 08, 2017 - 06:54
The dossier is a collection of negative research on Trump that alleges corrupt ties to the Russian government. Mueller's investigation to the FBI's human resources department, where he has been stationed since ".

isis-killer-beheading-video-story-top Soul Calibur 6 Reveal Trailer Unveiled at The Game Awards
Dec 08, 2017 - 06:53
The gameplay trailer showed off both characters using weapons that had different coloured lighting. Bandai Namco should be releasing more information on Soul Calibur 6 in the near future.

isis-killer-beheading-video-story-top Our First Proper Look At PUBG's Desert Map
Dec 08, 2017 - 06:49
All new gameplay was shown live on air and it was revealed that the map will be available TONIGHT on test servers. Bluehole Studios showed off PlayerUnknown's Battlegrounds's new map Miramar tonight at The Game Awards.

isis-killer-beheading-video-story-top Bethesda Launches Campaign To "Save" Single-Player Games
Dec 08, 2017 - 06:24
While MP1st is a multiplayer-focused site, we do play and appreciate a lot of single-player games. Those poor, poor single-player gamers.

isis-killer-beheading-video-story-top Former Norwegian royal accuses Kevin Spacey of groping his genitals
Dec 08, 2017 - 06:06
Behn's accusations against Spacey come on the heels of multiple allegations of sexual misconduct against the Hollywood actor. Behn separated from Princess Martha Louise , the only daughter of King Harald V, last year (16) after 14 years of marriage.

isis-killer-beheading-video-story-top Specialist wait times up in Canada, Ontarians wait the shortest
Dec 08, 2017 - 05:34
New Brunswick had the longest median wait times in Canada, at 41.7 weeks, followed by Nova Scotia (37.7 weeks) and P.E.I. Canadians wait more than four weeks for a CT scan and almost 11 weeks for a MRI scan, it adds.