Becker's Healthcare February 12, 2025
Minneapolis-based Fairview Health Services has declined the proposed $1 billion merger between Duluth, Minn.-based Essentia Health and Minneapolis-based University of Minnesota.
In a letter to employees, James Hereford, Fairview Health’s president and CEO, and John Heinmiller, chair of Fairview’s board of directors, said that while Fairview is “open to a partnership,” the organization does not see “the demonstrable improvements” for its employees and patients in the model that has been articulated outside of which could be reached through a strategic partnership.
“When it comes to a proposed merger between Fairview, the University and Essentia — our answer is no,” the letter said.
The merger would have invested $1 billion over five years and combined strengths from both organizations to...
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