Sanford and Fairview Health announce intent to combine

Linda Rider

Sanford Wellness, the biggest rural wellness procedure in the United States, and Fairview Well being Expert services, 1 of the primary companies of well being treatment in Minnesota, have signed a non-binding letter of intent to mix and generate a new health program.

Jointly, the blended technique will deliver alongside one another Sanford Health’s practical experience serving rural populations with Fairview Well being Services’ working experience in serving urban populations across complementary geographic footprints. The mixed technique will be uniquely positioned to provide additional people today entry to superior-high-quality, equitable well being care, speed up populace overall health and value-based care, and drive clinical innovation to advantage rural, city and indigenous communities across the Midwest.

Sanford Well being President and CEO Monthly bill Gassen (still left) and Fairview Well being Products and services President and CEO James Hereford

Photo by Sanford Wellbeing



“Our businesses are united by a shared motivation to progress the health and fitness and effectively-staying of our communities,” said Sanford Wellbeing President and CEO Monthly bill Gassen. “As a mixed process, we can do much more to extend entry to advanced and extremely specialised treatment, employ progressive technology and present a broader variety of virtual solutions, unlock larger analysis abilities and remodel the treatment supply encounter to ensure just about every affected individual receives the finest care no make any difference where they dwell.”

“With Sanford Health and fitness, Fairview Well being Products and services has uncovered a lover that shares our Midwestern values and our determination to inexpensive, obtainable and equitable care shipping and delivery,” claimed Fairview Overall health Companies President and CEO James Hereford. “Our complementary capabilities indicate that collectively, we are uniquely positioned to boost medical outcomes, produce new treatment shipping and delivery designs, expand possibilities for employees and clinicians throughout our broader operational footprint, and implement our put together methods to positively impact the effectively-staying of our patients and communities nowadays and for a long time to occur.”

Aims for put together program

The blended method will:

  • Drive worth through top quality treatment and improved results
  • Aid wellness equity
  • Boost the client expertise
  • Support help a lot more very affordable treatment in the communities we serve
  • Deliver chances for ongoing employee growth and medical progression and
  • Foster a tradition of innovation that permits us to recruit and keep the most effective and brightest throughout our operational footprint.

Sanford Health and fitness and Fairview Health Services will remain nonprofit entities, each and every with their have regional presence, management and regional boards in the markets they provide. Upon near of the transaction, the identify of the father or mother company will be Sanford Health and fitness. Sanford Health and fitness CEO Bill Gassen will serve as president and CEO of the mixed method, and Fairview Health Companies CEO James Hereford will provide as co-CEO for a interval of 1 calendar year article-closing.

The governing boards of both of those wellness devices have accredited proceeding with important ways, this sort of as due diligence and overview processes, with the aim of organizing Fairview Wellness Providers and Sanford Well being beneath a one built-in wellbeing technique. The intention is for a definitive agreement to be signed and the closing of the transaction is expected in 2023, pending antitrust and other important testimonials and closing conditions.

Sanford Overall health, Fairview Wellbeing Products and services and their partners are dedicated to making sure the clients, inhabitants and communities they serve carry on to have obtain to outstanding care from their clinicians for the duration of the completion of this procedure.

About Sanford Health and fitness

Sanford Wellbeing, the greatest rural health method in the United States, is dedicated to transforming the overall health care working experience and giving entry to earth-class wellbeing care in America’s heartland. Headquartered in Sioux Falls, South Dakota, the group serves more than a person million individuals and 220,000 overall health system users throughout 250,000 square miles. The integrated health system has 47 health care facilities, 2,800 Sanford Overall health medical professionals and advanced exercise companies, 170 medical investigators and study researchers, more than 200 Superior Samaritan Modern society senior treatment spots and environment clinics in 8 international locations all over the world.

About Fairview Wellness Expert services

Fairview Overall health Solutions is a Minneapolis-based nonprofit overall health method driven to recover, learn, and teach for more time, much healthier life. Established in 1906, Fairview Health and fitness Services offers fantastic treatment to clients and communities as a person of the most extensive and geographically available techniques in Minnesota. The Fairview Overall health Providers system involves 31,000 workforce across 11 hospitals, extra than 80 most important and specialty treatment clinics, 36 retail and specialty pharmacies, rehabilitation facilities, medical professional network, senior treatment housing and prolonged-expression treatment facilities, and healthcare transportation.

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Business Information, News, Rural Overall health

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