The University of Minnesota board of regents has approved a legislative request to fund the reacquisition and initial operations of the university’s healthcare facilities on its Minneapolis campus, reports Becker’s.
The preliminary request for the State of Minnesota to support the university’s health system, UMN Health, aims to acquire flagship healthcare facilities — the University Medical Center East and West Bank facilities, Masonic Children’s Hospital and its clinics and surgery center — and operate those facilities. The investment would also include the transfer of facilities and funding for workforce needs, union contracts and new leadership for a university-operated organization.
The move would significantly alter the university’s relationship with Minneapolis-based Fairview Health Services amid its proposed merger with Sioux Falls, S.D.-based Sanford Health. University officials oppose the merger. Read more.
