Morning Briefing
Summaries of health policy coverage from major news organizations
Dignity, Catholic Health Mull Megamerger To Become Nation鈥檚 Largest Nonprofit Hospital System
Hospital operator Catholic Health Initiatives, which has struggled after rapid expansion and a foray into health insurance, is in merger talks with Dignity Health to create one of the nation鈥檚 largest nonprofit hospital systems by revenue. Catholic Health Initiatives and Dignity Health said in a statement they are in talks regarding 鈥渁ligning their organizations.鈥 A person familiar with the matter said the talks involve a merger. (Evans, 10/24)
Dignity Health and troubled Catholic Health Initiatives are in merger talks, the health systems announced Monday. The not-for-profit giants have signed a nonbinding agreement to evaluate 鈥渁n alignment鈥 between the systems, according to a release.聽A full merger would create the nation's largest not-for-profit hospital company with combined revenue of $27.6 billion ahead of the $20.5 billion posted by Catholic-sponsored Ascension. (Barkholz, 10/24)