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Colorado-based Catholic Health Initiatives, the parent of Houston-based CHI St. Luke's Health, has signed a non-binding letter of intent to combine with Dignity Health, a merger that would bring together two of the five largest nonprofit health systems in America and create a faith-based health network that has nearly a nationwide reach.
The proposed deal, which the two systems described as a potential “aligning” of their organizations, was announced Oct. 24.
It comes one month after CHI and…