The move creates the largest non-profit health system in the nation.
The agreement announced today creates a system across 28 states that includes more than 700 care sites, 139 hospitals with approximately 159,000 employees plus 25,000 physicians and specialists.
Retaining their leadership positions is Kevin E. Lofton, chief executive officer of CHI and Lloyd Dean, president and chief executive officer of Dignity Health.
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. Our new organization will have the talent, depth, breadth, and passion to improve the health of every person and community we serve.
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.
According to the CHI press release, the new organization will be led by an office of the CEO. Dean and Lofton will both serve as CEOs, each with specific and independent responsibilities and decision-making authority. Together, they will oversee strategy and integration planning. Lofton is charged with mission, advocacy, sponsorship and governance, system partnerships, and information technology. Dean will have authority for all of operations, including clinical, financial, and human resources. Both leaders will work with the executive team to plan a successful integration.
The health system reportedly will operate out of Chicago and a new name chosen the second half of 2018. Local market branding will remain unchanged, for now.
Key strategic and reinvestment priorities for the new system will include:
- The expansion of community-based care, offering access to services in a variety of outpatient and virtual care settings closer to home
- Clinical programs focused on special populations and those suffering from chronic illnesses to keep people and communities healthier for longer; and
- Further advancement of digital technologies and innovations like stroke robots and Google Glass, which create a more personalized and efficient care experience
Get great financial details by reading more from Crain’s Chicago Business
Read more from Health Leaders
Read the press release from Dignity & Catholic Health Initiatives