The Definitive Blog

2014-01-10 – CHI Acquires Memorial Health System of East Texas

For more news on mergers and acquisitions, you can view the entire newsletter or our newsletter archive.

Memorial Health System of East Texas and Catholic Health Initiatives (CHI), Englewood, Colorado, signed a non-binding letter of intent to transfer ownership of Memorial to CHI.

The health care systems will negotiate the terms with the expectation of reaching an agreement by spring 2014. The transfer will require approvals from the Memorial Health System of East Texas Board of Directors and the CHI Board of Stewardship Trustees, as well as federal, state, and Church authorities.

January 13, 2014