Healthcare DIVE July 11, 2024
The Midwestern health systems are not strangers to the bargaining table, having both pursued mergers in the past year. However, this time they hope to get a deal done.
Dive Brief:
- South Dakota-based Sanford Health and Wisconsin-based Marshfield Clinic are in merger discussions that could close by the end of the year, the systems said Wednesday.
- The nonbinding discussions come as both systems try to move on from failed merger efforts. Sanford has attempted to form a cross-market system three times in recent years, while Marshfield scuttled its own deal with Duluth, Minnesota-based Essentia Health in January.
- The deal, which is subject to regulatory approval, would create a 56-hospital system with two integrated health plans under the Sanford name....
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