December 18, 2017

Catholic hospital chains in Colorado, California merge

Catholic Health Initiatives, which operates two hospitals in Colorado Springs, will merge with Dignity Health late next year to form a $28.4 billion Catholic health-care giant.

The Colorado Springs Gazette reports that the new organization, to be based in Chicago, will own 139 hospitals and employ 159,000 people in 28 states.

The deal is not expected to affect patient care or employees of Penrose-St. Francis Health Services, which operates Penrose Hospital and St. Francis Medical Center in Colorado Springs, said Michael Romano, a Catholic Health Initiatives spokesman in Englewood. Penrose and St.Francis are part of the Centura network, which includes Longmont United Hospital and Avista Adventist Hospital in the Louisville.

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According to the Gazette’s story, the merger could result in streamlining at the corporate level as the two systems are integrated over the next year or two, including at CHI’s Englewood headquarters, where 720 people work.

Catholic Health Initiatives, which operates two hospitals in Colorado Springs, will merge with Dignity Health late next year to form a $28.4 billion Catholic health-care giant.

The Colorado Springs Gazette reports that the new organization, to be based in Chicago, will own 139 hospitals and employ 159,000 people in 28 states.

The deal is not expected to affect patient care or employees of Penrose-St. Francis Health Services, which operates Penrose Hospital and St. Francis Medical Center in Colorado Springs, said Michael Romano, a Catholic Health Initiatives spokesman in Englewood. Penrose and St.Francis are part of the Centura network, which…

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