Englewood, Colo.-based Catholic Health Initiatives and San Francisco-based Dignity Health have completed a deal to combine their systems.
The new $29 billion health system, called CommonSpirit Health, serves communities in 21 states and comprises 142 hospitals and more than 700 sites of care. Catholic Health Initiatives CEO Kevin E. Lofton and Dignity Health President and CEO Lloyd H. Dean will jointly lead CommonSpirit Health.
"Our new organization will bring the expertise of a national health system to neighborhoods across the country," Mr. Lofton said in a press release. "Whether it's a neurological institute in Arizona, a 25-bed critical access facility in North Dakota, a mobile lung cancer screening program in Tennessee, or a 'hospital at home' in Nebraska, CommonSpirit Health will expand the best approaches from across our new organization. Our whole will be much greater than the sum of our parts."
Mr. Dean said the merger will have a positive effect on patient care.
"We didn't combine our ministries to get bigger, we came together to provide better care for more people," he said. "We created CommonSpirit Health because in order to solve national health challenges, we need the breadth, scope, and resources to make a nationwide impact. We believe that no one should ever have to choose between being healthy and putting food on the table."
CommonSpirit Health, which employs roughly 150,000 people, including 25,000 clinicians and advanced practice clinicians, is headquartered in Chicago.
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