Vatican Greenlights Merger Between Catholic Health Initiatives and Dignity Health
The archbishops of Denver and San Francisco, where CHI and Dignity, respectively, are headquartered, previously had signed off. But their OK was dependent on Vatican approval, which was uncertain.
CHI-Dignity Merger Cleared By Vatican
The Vatican has given the ecclesiastical green light to the proposed merger between Catholic Health Initiatives and Dignity Health, a deal that would create the nation's largest not-for-profit hospital company by revenue. In a Sept. 4, 2018 letter, the Vatican's Congregation for the Doctrine of Faith said it had reviewed the agreement between the two not-for-profit hospital systems and would allow the bishops in the local dioceses where the newly formed entities will exist to decide the matter. (Meyer and Bannow, 10/16)