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Video: KTRK 13 News
Carrie Feibel, KUHF Public Radio
Houstonians in the healthcare community are still digesting the news that St. Luke’s Episcopal Health System will be sold to a large Catholic hospital chain based in Colorado.
St. Luke’s passed over local rivals Methodist and Memorial Hermann, choosing to sell to Denver-based Catholic Health Initiatives. The nonprofit chain owns 78 hospitals in multiple states, but none so far in Texas.
Kevin Lofton is the CEO:
“For many of your, CHI may be a new name here in Texas. But we also have a rich history and our commitment on an annual basis takes care 
of more than 4 million people across these United States. We are the second largest faith-based health care system in the country.”
Lofton says CHI will keep the St. Luke’s name, and no one will lose their job in the transfer.
CHI did not disclose the exact purchase price, but did commit to spending at least $1 billion to renovate St. Luke’s flagship hospital in the Texas Medical Center.
CHI will also donate an additional $1 billion to a new Episcopal charity for local health care needs.
(Read/Listen to more of this story at KUHF Public Radio)
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