Here we go again…
Sanford Health and Fairview Health Services are again delaying their proposed merger, announcing Monday a new timeline that prevents a closing before late August. … Fairview owns the University of Minnesota Medical Center. Executives from the health systems are meeting on a weekly basis, they said, with U officials to discuss options for the sprawling hospital campus in Minneapolis.
The university opposes the merger and is seeking legislative support to regain control of the teaching hospital, but it’s not clear how supportive lawmakers are of the idea.
“In the interest of ongoing cooperation with the Office of the Minnesota Attorney General, we have extended the target closing date for our merger until after May 31st and agreed to their request for 90 days’ notice prior to closing at a future date,” the health systems said in a statement.
In its statement, Ellison’s office said it agreed “it is imperative for Fairview leadership to focus their attention on the critical issues facing the health system, including its declining financial condition and its relationship with the University of Minnesota.”