US Pharma MarketingSanford Health unveils deal to integrate Minnesota-area North Memorial Health, invest $600M
Sioux Falls, South Dakota-based Sanford Health is planning to absorb the Twin Cities’ North Memorial Health in a deal that would bolster the rural health system’s Minnesota presence and bring new f The deal, expected to close later this year, is another attempt from the major rural nonprofit system to enter the Minneapolis market. To do so, it plans a $600 million investment into two-hospital North Memorial Health that will help stabilize one financially strained safety-net facility and double the size of its other.
The deal, expected to close later this year, is another attempt from the major rural nonprofit system to enter the Minneapolis market. To do so, it plans a $600 million investment into two-hospital North Memorial Health that will help stabilize one financially strained safety-net facility and double the size of its other.
Source: Fierce Healthcare