Healthcare Business News

Christus seeks joint venture with system in Chile

By Jaimy Lee
Posted: October 1, 2012 - 2:45 pm ET

Christus Health, a 19-hospital health system with hospitals in Texas, Louisiana and New Mexico, said it has been selected to pursue a joint venture with Pontificia Universidad Católica de Chile (PDF), a university health network with two hospitals in Santiago.

The Irving, Texas-based health system said in an Oct. 1 news release that the joint venture would include the “ownership, operation and expansion of PUC's health network.”

“The partnership we create in Chile will also help us diversify our operations, increase long-term sustainability and help Christus lead the development of new, worldwide healthcare models,” said Christus Health President and CEO Ernie Sadau in a news release.

Advertisement | View Media Kit


The PUC health network is made up of 11 outpatient centers, a laboratory and imaging services network, and two hospital campuses with a total of 600 beds. It also serves at the main teaching campus for the university's medical school.

The two organizations are expected to complete due diligence and negotiations within the next few months.

Christus Health is the majority owner of Grupo Christus Muguerza, a seven-hospital system in Mexico. It has operated the joint venture since 2001.

What do you think?

Share your opinion. Send a letter to the Editor or Post a comment below.

Post a comment

Loading Comments Loading comments...



Switch to the new Modern Healthcare Daily News app

For the best experience of on your iPad, switch to the new Modern Healthcare app — it's optimized for your device but there is no need to download.