Sioux Falls, S.D.-based Sanford Health and Minneapolis-based Fairview Health Services have hit the brakes on their merger after multiple delays.
The merger, which would have created a 50-hospital health system with around 78,000 employees, has faced challenges since it was announced in November 2022. The two systems hoped to finalize the merger in March, but the transaction was extended while the Minnesota Attorney General reviewed the plan. Sanford aimed to invest $500 million in Fairview, which owns the University of Minnesota Medical Center in Minneapolis.
The university, state government, nurses unions and taxpayers have opposed the merger, wanting assurance the move would keep the local community’s best interest in mind, Becker’s reports. Read more.
