Sanford Health and Fairview Health Services have signed a letter of intent to form a $14 billion health system, the Midwestern nonprofit companies announced.
Sioux Falls, South Dakota-based Sanford Health, which operates 47 hospitals and medical centers predominantly in the Dakotas and Minnesota, would gain access to a major metropolitan market in Minnesota’s Twin Cities, including the University of Minnesota Medical School, Modern Healthcare reports. Minneapolis-based Fairview Health, which runs 11 hospitals in Minnesota, would join one of the nation’s largest rural healthcare systems in Sanford Health, which also covers 220,000 health insurance members. Read more.