Catholic Health Initiatives and Dignity Health today announced that they have signed a definitive agreement to combine ministries and create a new, nonprofit Catholic health system. Bringing the health systems together will allow the organizations to expand their mission of service and create a healthier future for people and communities across 28 states, according to the announcement. “We are joining together to create a new Catholic health system, one that is positioned to accelerate the change from sick-care to well-care across the United States,” said Kevin Lofton, CEO of CHI. “Our new organization will have the talent, depth, breadth, and passion to improve the health of every person and community we serve.” Dignity Health President and CEO Lloyd Dean said, “By combining our ministries and building upon our shared mission, we will expand our commitment to meeting the needs of all people with compassion, regardless of income, ethnicity, or language. We foresee an incredible opportunity to expand each organization’s best practices to respond to the evolving health care environment and deliver high-quality, cost-effective care.”
Hospital mergers result in even greater efficiencies and savings when the acquired hospitals are in close proximity.
AHA Senior Vice President Melinda Reid Hatton examines why a recent study on hospital consolidation from the Center for American Progress misses the mark.
“When Hospitals Merge, Patients Often Pay More” doesn’t paint a full picture of the root cause of higher health care costs to consumers.
The House last night voted 230 to 185 to approve the Standard Merger and Acquisition Reviews Through Equal Rules Act (H.R. 5645), AHA-supported legislation…
The same cohort of authors responsible for the Health Care Pricing Project’s flawed 2015 paper recently released an updated version.