Chief Healthcare Executive July 12, 2024
Sanford Health and Marshfield Clinic Health System said they have signed a non-binding agreement. Both systems explored mergers with different partners recently.
Two hospital systems in the midwest are looking to come together.
Sanford Health and the Marshfield Clinic Health System said this week that they have signed a non-binding merger agreement. If the deal is finalized, the organizations would create a 56-hospital system with nearly 56,000 employees and 4,300 providers.
The two systems have a combined revenue of $10 billion, and the deal represents one of the largest hospital mergers of the year.
Under the deal, Marshfield Clinic would become a part of Sanford Health, which would be the name of the parent company.
The systems say they hope...
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