Dig­nity Health con­sid­ers joint ven­ture with San Fran­cisco teach­ing hospi­tal

Modern Healthcare - - REGIONAL NEWS - —Dave Barkholz

San Fran­cisco-based Dig­nity Health has be­gun ne­go­ti­a­tions with an academic med­i­cal cen­ter in the Bay Area, even as it pro­ceeds with merger talks with Catholic Health Ini­tia­tives.

Dig­nity Chief Fi­nan­cial Of­fi­cer Daniel Moris­sette said the sys­tem is pur­su­ing a pos­si­ble joint ven­ture with an as-yet un­named academic med­i­cal cen­ter be­cause it would ben­e­fit Dig­nity’s four hos­pi­tals in the Bay Area by hav­ing a teach­ing hospi­tal be­hind them.

Moris­sette cau­tioned that talks were very pre­lim­i­nary and con­fi­den­tial­ity pro­vi­sions in a non­bind­ing let­ter-of-in­tent pro­hib­ited him from nam­ing the prospect.

Moris­sette said Dig­nity re­mains op­ti­mistic about its talks with CHI, a 103-hospi­tal not-for-profit sys­tem based in En­gle­wood, Colo.

A let­ter-of-in­tent to pur­sue an af­fil­i­a­tion was signed in Oc­to­ber.

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