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Dignity Health joins Obamacare-inspired joint venture to help run hospitals in Arizona
San Francisco Business Times

Dignity Health, which already operates 39 hospitals in California, Nevada and Arizona, has joined a joint venture to own and run the three-hospital Carondelet Health System in Tuscon. The Tucson system had been run by Ascension. Now it will be operated by a for-profit joint venture headed by Tenet Healthcare (NYSE: THC), which owns a majority stake. Dignity and Ascension each will hold a minority interest of unknown size in the venture.