California-Based Dignity Health To Merge With Catholic Health Initiatives
The combined system will have 139 hospitals around the country.
Redding Record Searchlight:
Merger Planned For St. John's Hospitals' Parent
With a mission to “combine ministries and create a new, nonprofit Catholic health system,” Dignity Health and Catholic Health Initiatives announced their merger Thursday morning. In Ventura County, Dignity Health owns St. John's Regional Medical Center in Oxnard and St. John's Pleasant Valley Hospital in Camarillo. The merger between the two means service in 28 states with 139 hospitals and approximately 159,000 employees. The goal is to increase investments in digital technologies such as tele-medicine programs, stroke robots, Google Glass and expand access to outpatient and virtual care settings. (Sandhu, 12/8)
Dignity And CHI Sign Definitive Agreement To Merge
After more than a year of discussions, Dignity Health and Catholic Health Initiatives have signed a definitive agreement to merge. The combination will create the nation's largest not-for-profit hospital system by operating revenue. The new health system would have 139 hospitals and a combined revenue of $28.4 billion with more than 159,000 employees, and 25,000 physicians and other advanced practice clinicians. The combined system would have operations in 28 states with no overlap in hospital service areas, which could help expand access and also help from a regulatory perspective, executives said. (Kacik, 12/7)