Colorado losing a major headquarters as Catholic Health Initiatives merges with Dignity

Catholic Health Initiatives, which jointly operates Colorado largest hospital group, Centura Health, has signed a merger agreement with Dignity Health that will create a new nonprofit Catholic health group based in Chicago.

CHI, based in Arapahoe County near the Interstate 25 and E-470 interchange, employs about 720 people in the metro area, not counting Centura Health workers, and is one of the largest headquarters in Colorado based on revenue. Dignity Health is headquartered in San Francisco.

The two systems will bring together together hospitals and clinics across a 28-state region. Chicago was chosen as the base for handling the integration because of its central geographic location and flight access, a CHI spokesman said Thursday.

“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,” Kevin Lofton, chief executive officer of CHI, said in a statement issued Thursday.

CHI spokesman Michael Romano said it’s too early to know what impact the combination will have on specific jobs, departments, or services.

“We expect integration to take place over one to two years after the combination is complete, during which time we will operate in some ways as separate organizations,” he said.

CHI’s existing offices in metro Denver; Erlanger, Ky.; and Fargo, N.D., will remain open and employees at those locations won’t be required to move during the integration, Romano said.

But some streamlining will occur at some point, he added.

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Source:: The Denver Post

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