Jeff Lagasse
When the center opens in August 2017 it will be the only facility in the country with a gantry dedicated to basic research.
Agency says the hospitals would have a dominant market share of inpatient services in a 21-county area.
The hospitals will generate combined revenues of approximately $215 million and break even in terms of profit.
Money will be used to grow the company's payment network, which links up with hospitals' existing IT systems.
Just two teaching hospitals with at least 500 beds earned top C. diff prevention scores, meaning their infection rates were 50 percent better than the national benchmark.
Benchmarks for expected returns are also needed, it said, as well as a deeper understanding of how investment mechanisms, such as bonds and social finance, can help improve healthcare.
Overall spending grew across the major categories of total healthcare expenditures, including public coverage, commercial coverage and the net cost of private health insurance.
Through 2019, these networks will work to achieve a 20 percent decrease in overall patient harm and a 12 percent reduction in 30-day hospital readmissions.
Earlier this month, CHS said it had found five buyers for 12 hospitals it had planned to sell, with proceeds from all 12 expected to raise upwards of $850 million for the struggling company.
In fact, charges in the third quarter of 2015 were actually higher than charges in previous quarters.