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Dignity Health in talks with Catholic Health Initiatives on possible deal

Dignity Health said it’s in talks with Catholic Health Initiatives on a possible merger.

The two nonprofits have signed a letter of intent to explore a combination, according to a statement issued Monday morning.

A full-on merger would create a healthcare behemoth serving 12 million patients annually through more than 500 hospitals, clinics and care centers. Combined annual revenue could exceed $28 billion. Catholic Health has 4,300 doctors and clinicians, and 100,000 employees while Dignity Health…

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