After receiving approval from the University of Michigan Board of Regents in December, the U-M Health System will be moving forward with an agreement to acquire Lansing-based medical group Sparrow Health System. The agreement is projected to be finalized in early 2023. As part of the agreement, U-M Health will invest $800 million in Sparrow over the next eight years.
Sparrow is one of the largest health systems in Michigan, with multiple hospital sites and more than 500 employed primary care providers and specialists. With the addition of Sparrow, U-M Health will oversee more than 200 care sites across the state.
In an interview with The Michigan Daily, Keith Dickey, Michigan Medicine chief strategy officer, said the acquisition will help fulfill U-M Health’s mission of serving the greater Michigan community. Read more.
