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The proposed megamerger by Fairview Health Services and South Dakota-based Sanford Health is dead — again. The announcement Thursday marks the second time in roughly a decade the two health systems have failed to complete a combination that prompted, in its latest incarnation, fierce opposition at the University of Minnesota. And it leaves unresolved and difficult questions about the future of ...
The failed Sanford-Fairview merger attempt marks the second scuttled proposed deal between the nonprofit health systems over the last decade.
An attorney consulting on the future of academic medicine at the University of Minnesota is casting doubts over whether Fairview Health Services is a viable long-term partner. The consultant Cliff Stromberg's concerns arise from what he described as the health system's relative lack of prestige along with a history of financial problems. In comments this month to the Board of Regents, ...
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In a statement to Dakota News Now, Sanford Health said it remains confident in the benefits of the merger.
Sanford and Fairview will offer a 90-day notice prior to the expected completion date, setting up a summertime close at the earliest.