New Regional Health System
September 14, 2009A Michigan based company, Trinity Health, is currently initiating a transaction to acquire three hospitals from Catholic Health Initiates. Catholic Health Initiatives is a national nonprofit health organization whose headquarter is located in Denver, Colorado. The objective of this agreement would be to consolidate a total of four hospitals into a new regional health system located in Idaho.
Trinity currently owns 28 hospitals and manages another 14. As of late, Trinity has aimed to establish a closely managed and coordinated regional network of hospitals, nursing homes, and outpatient care centers. By establishing such a network Trinity hopes to position themselves to better negotiate managed care contracts.
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