Christus Finalizes Partnership With Health System in Chile

Irving, Texas-based Christus Health has finalized its partnership with the Pontifical Catholic University of Chile, through which the two will become equity partners in a newly expanded health network, according to a news release.

Christus and PCUC signed a memorandum of understanding in February. Under the agreement, the two will become equity partners in a Santiago, Chile-based health network called Red Salud UC.  

PCUC began searching for a strategic partner two years ago and 12 initial proposals were evaluated. In October 2012, PCUC selected Christus as the sole finalist to pursue negotiations toward a definitive joint venture agreement for the ownership, operation and expansion of the university's health network.

Red Salud UC, through the Faculty of Medicine at PCUC, operates a medical school in Chile. It includes care settings throughout the Santiago Metropolitan Region and is comprised of nine medical centers and two clinics.

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