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The University of Texas System announced Monday that it would study the possibility of merging its San Antonio campus and its separate Health Science Center, which is in the same city. System officials said they had appointed a panel of national and local experts to decide whether the two institutions would be stronger as one or if they would be better off continuing to collaborate. “The UT System is all about maximizing efficiencies and doing what is in the best interest of our institutions, which makes this explorative process a worthy effort,” said James R. Huffines, chairman of the university system's Board of Regents. The system's new chancellor, Francisco G. Cigarroa, was president of the Health Science Center at San Antonio until February.