AG Ellison Clears Sanford Health-North Memorial Merger After Oversight Agreement
Sanford Health must keep core services at Robbinsdale for at least a decade and invest $100 million under the agreement, officials said.
- On Friday, Minnesota Attorney General Keith Ellison approved the merger between South Dakota-based Sanford Health and North Memorial Health, clearing the way for the deal to close on September 1.
- Facing financial distress at its Robbinsdale flagship, North Memorial sought the acquisition after posting operating losses in three of the past four years.
- Sanford committed $600 million in investments across Robbinsdale and Maple Grove hospitals while maintaining core services, including Level 1 trauma care, for ten years.
- Ellison utilized expanded regulatory powers granted by the 2023 Legislature to secure binding commitments protecting union contracts and charity care policies throughout the oversight period.
- This acquisition reflects broader healthcare consolidation trends, though the Attorney General's Office noted such mergers often risk higher costs and reduced care for patients.
12 Articles
12 Articles
Minnesota attorney general allows SD-based Sanford’s acquisition of North Memorial Health
South Dakota-based Sanford Health may move forward in acquiring North Memorial Health next month after the hospital systems signed a 10-year oversight agreement with the Minnesota Attorney General’s Office. As part of the agreement, Sanford committed to maintaining hospital and emergency services at North Memorial’s Robbinsdale hospital, which is the health system’s flagship safety net […]
A major healthcare merger in Minnesota as Sanford and North Memorial gain approval to join forces
A major merger in Minnesota healthcare gained approval on Friday. Minnesota Attorney General Keith Ellison announced a 10-year oversight agreement with Robbinsdale-based North Memorial Health and South Dakota-based Sanford Health.
Grand Rapids Herald-Review
Minnesota ReformerMinnesota attorney general allows out-of-state acquisition of North Memorial Health
South Dakota-based Sanford Health may move forward in acquiring North Memorial Health next month after the hospital systems signed a 10-year oversight agreement with the Minnesota Attorney General’s Office. As part of the agreement, Sanford committed to maintaining hospital and…
AG Ellison clears Sanford Health-North Memorial merger after oversight agreement
Minnesota will allow Sanford Health’s merger with North Memorial to move forward after they agreed to a 10-year oversight agreement, Attorney General Keith Ellison announced Friday morning.
Minnesota AG gives green light to Sanford Health merger with North Memorial
The attorney general’s blessing is seen as the last regulatory hurdle to a deal in which the South Dakota-based system agrees to maintain Robbinsdale hospital for at least a decade.
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