University of Michigan Health finalizes acquisition of Sparrow Health
The agreement expands U-M’s footprint to more than 200 locations in the state, while giving Sparrow a $800 million financial infusion into its hospital system.
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The agreement expands U-M’s footprint to more than 200 locations in the state, while giving Sparrow a $800 million financial infusion into its hospital system.
Michigan Medicine purchased the Lansing-based health system in December for $800 million.
U-M Health's deal with Sparrow Health System was announced in December, and U-M is committing $800 million in investment, officials said.
Michigan’s redistricting commission is suing the state legislature for funding. That’s after it’s gone without a budget since October.
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