Crowe Horwath US and US healthcare internal audit service provider Chan Healthcare have signed a letter of intent to combine resources and establish a strategic business partnership.
The transaction is scheduled to close this autumn, pending completion of due diligence and the signing of a definitive agreement.
Missouri based Chan Healthcare is a joint partnership of US healthcare systems Ascension Health and Catholic Health Initiatives (CHI) founded in 1997.
Crowe Horwath US chief executive officer Chuck Allen said "the similarity of our missions was a key factor leading us to this strategic business partnership".
As part of the transaction, Chan Healthcare intends to retain its existing executive management team and key executives.
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