Skip to main content

AG holds public hearing on possible Sanford-Fairview merger

  • Author:
  • Updated:
    Original:

Minnesota Attorney General Lori Swanson has raised concerns about the possibility of South Dakota-based Sanford Health taking control of Fairview.

On Almanac Friday, Swanson said she will hold the first of several public hearings so residents, or Minnesota's shareholders, can weigh in on the proposed transaction.

(The Swanson interview begins at 17:57.)

Swanson says Fairview is a strong, century-old charitable institution in Minnesota that employs 2,000 and has a net worth of $1.2 billion.

"How do you protect those charitable assets for the people of Minnesota? Fairview wouldn't exist today without the generosity and goodwill of the people of Minnesota." Swanson says. "A charitable institution doesn't have shareholders. Their shareholders, if you will, are the people of Minnesota."

The Star Tribune reports T. Denny Sanford's background of selling last-ditch credit cards to consumers may be a major contributor to Swanson's objections. Sanford doesn't hold a position within the health system, but has contributed more than $600 million.

The University of Minnesota hospital, a world-class academic institution, is also part of Fairview.

Representatives from Fairview, Sanford and the university are expected to attend the hearing Sunday. It will take place at 1:30 p.m. in Room 15 of the State Capitol.

Next Up

white Christmas

2 MN towns among most 'magical' winter locations in the country

The list was compiled by Trips Discover and published earlier this month.

Screen Shot 2022-11-26 at 8.27.12 AM

St. Olaf football player charged after fatal crash in Chicago

The 18-year-old is accused of speeding and going the wrong way when he crashed into a vehicle that may have been attempting to flee police.

Screen Shot 2022-11-26 at 7.41.18 AM

Woman 34 weeks pregnant injured by drunk driver in Cottage Grove

The 49-year-old suspected of DUI was booked into jail around 1:30 a.m. Saturday.

ambulance

2 dead, 5 injured in Thanksgiving Day crash near Alexandria

The crash involved two people from Alexandria and five from Bloomington.

Screen Shot 2022-11-25 at 6.44.11 PM

Lengthy standoff in Prior Lake ends late Friday night

The suspect allegedly assaulted an officer outside Kwik Trip, fled and broke into a home.

snow - 12-10-21 - Joe Nelson - 5

Accumulating snow possible in Twin Cities next week

The storm system could arrive in the Tuesday-Wednesday timeframe.

Target store snow

With Black Friday barely underway, Target reveals Cyber Monday deals

Plans for the two-day sale were revealed Friday morning.

Screen Shot 2022-11-25 at 9.37.25 AM

Man waves replica assault weapon at drivers in downtown Minneapolis

The alarming incident was spotted by the new MPD chief, Brian O'Hara.

Screen Shot 2022-11-25 at 9.29.58 AM

Extremely drunk driver arrested in Chaska

The driver was more than four times the legal limit.

Screen Shot 2022-11-25 at 8.21.21 AM

Stillwater police looking for suspect who stole vehicle with 1-year-old inside

The suspect abandoned the vehicle with the child still inside just 5 minutes after the theft.

Screen Shot 2022-11-23 at 5.01.34 PM

Suspected Bloomington restaurant killer arrested in Oklahoma

The 47-year-old Texas man was arrested around 12:30 a.m. Thursday.

Related

keith ellison

Ellison seeks public feedback on Fairview-Sanford merger

The two healthcare companies announced their plans to merge earlier this month.

Mayo Clinic and Fairview Red Wing continue merger negotiations

The two health care providers began reviewing the potential merger about five months ago. A Fairview Red Wing official told the Republican Eagle that a final decision is expected to be made in the next several months. Lake City and Cannon Falls are already part of the Mayo Clinic Health System.