Executives of the largest hospital in Wichita, Kan., and one of its competitors, CSJ Health System of Wichita, announced plans for a merger last week.
CSJ and St. Francis Ministry Corp. expect to file pre-merger notification documents with federal authorities in six months. Executives said they expect to move forward with the deal as soon as the government gives its approval.
No financial details of the proposed transaction were disclosed.
The ministry operates 637-bed St. Francis Regional Medical Center in Wichita. CSJ runs seven hospitals in three states, including 513-bed St. Joseph Medical Center in Wichita.
St. Francis controlled 29.1% of the Wichita market in the first half of 1993, according to the most recent data from the Kansas Hospital Association. St. Joseph had 25.2% of the market.
There are two other general-service hospitals in Wichita and one veterans hospital.
The merged organization would have more than $600 million in annual revenues and operate more than 1,800 acute-care beds.
CSJ is sponsored by the Sisters of St. Joseph. St. Francis is sponsored by the Sisters of the Sorrowful Mother.