Prairie Lakes Healthcare System and Brown Clinic Sign LOI

Prairie Lakes Healthcare System in South Dakota and Brown Clinic signed a letter of intent for the healthcare system to acquire Brown Clinic within 90 days, pending completion of due diligence and a definitive agreement.

“Unifying both organizations’ patient-centered healthcare services would formalize a long-standing and successful working relationship between Brown Clinic’s primary care physician group and Prairie Lakes’ specialty care and hospital services,” said John Allen, CEO of Prairie Lakes Healthcare System.

Both organizations acknowledge there are many details to be addressed during the due diligence period as they work through specifics to develop and finalize an agreement. Terms have not been disclosed.

Prairie Lakes Healthcare System is an independent organization that provides care for 90,000 people in a ten-county region of northeast South Dakota and western Minnesota. Prairie Lakes is licensed to operate 81 acute care hospital beds including Labor and Delivery, Telemetry, Critical Care, and general hospital. Read more.

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